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Explore the Entrepreneurship.org Resource Center to find resources. Designed with entrepreneurs in mind, our resource center allows you to find materials to grow great ideas.
Entrepreneurs loath to seek mentoring should take at least one piece of advice: try it, you'll like it, writes the author who built a business by accepting help from smarter and more experienced founders. Included is a look at the workings of her relationship with her current mentor. (Originally Published October 2002)
Richard Heckmann's gift to the University of California Riverside in Palm Desert was not just the money for a new entrepreneurship center, but also his continued time and expertise.
When Arthur M. Blank talks about entrepreneurship - what it takes to create, build and grow a company - he talks about principles. And, when he talks about principles, he talks about giving back.
For David Moody, giving back should be a "habit from the heart," started even before success arrives.
This introduction provides a basic overview of buy-sell agreements and describes the three basic types.
When growth goals and philosophies differed between original partners, the "shotgun" buy-sell agreement allowed for a fair buyout process.
Carl Behnke's investment of more than 20 years on the board of Junior Achievement is just one example of his belief in giving back.
When the attempt to buyout a senior partner failed, business partners realized the necessity for a buy-sell agreement...many years after the business was founded.
Whether a company is built with 50/50, majority, or minority partners, the author shares key lessons learned about buy-sell agreements as his companies grew and became more sophisticated.
A buy-sell agreement that properly anticipates all of the challenges and dynamics of rapid expansion is a must. The author asserts many entrepreneurs often are so excited to get the company started that the details typically addressed in a buy-sell agreement are overlooked.
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