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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 benefit from knowledgeable third-party advice provided by advisors, writes the former chairman of a family-owned diamond business. The author describes his own dealings with informal mentors and the members of his formal advisory board.
Richard Jarman sees entrepreneurship as the backbone of the American economy, and he's doing his part to help by mentoring up-and-coming entrepreneurs.
We're looking for a champion. A courageous entrepreneur with shoulders broad enough to bear the hopes and dreams of the entire country across the Atlantic to represent America at a global contest of pitching pugilism.
Barnett Helzberg is so convinced of the value of mentoring, he started a program to benefit up-and-coming entrepreneurs.
As his online entertainment business became successful, founder David Ellington needed more employees with mid-level technical skills. Filling those jobs with well-trained young people of color became this entrepreneur's way of giving back to his community by creating a model program that benefits everyone. Not only that, he's creating wealth as he brings disadvantaged youth into the high-tech mainstream with good salaries and stock options.
Think of your board of advisers like your old college friend and your board of directors as your parents, says the author. Their roles are very different and your relationship with each should be customized for their part of your small business.
Some of the very first decisions founders must make early on in their ventures are crucially important to the future of the business. Many of these decisions concern the ubiquitous "people problems" that challenge even experienced entrepreneurs. When should I found? Should I co-found with someone? With whom? How should we split the equity? Bad or ill-informed choices at critical junctures could have significant consequences for startups. In fact, research has suggested that 65 percent of new firm failures were related to problems within the management team.
To attract big talent, healthcare business owners need to think big. Here are some ways to get the best high-level hires for medical device startups and other young companies.
What's in a name? Read one medical business and marketing consultant's take on the conflicting demands of naming medical technology and medical device startups.
Should women should seek out only women for mentors? Not for a second, says Joanna Krotz, author and owner of Muse2Muse Productions.
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