Plan. Start. Grow.
“Experiment, Expedite, Iterate.” That’s Google’s mantra of new product development, and it closely aligns with one of the hottest trends in entrepreneurship today: the lean startup. As an entrepreneurship educator, you’re likely familiar with the lean startup movement, promoted by author Eric Reis. In a nutshell, the lean startup approach emphasizes speed: launch a product …
Lean Startup: Five Things Your Students Need to Know NowRead More
Each year, one of the most popular new year’s resolutions is “quit my job and start a business.” If one of your goals in 2016 is to start your first small business, then I’ve got an important tip on how to succeed: start with a “training wheel” business. As the head of my fourth small …
“I need more hours in the day!” That’s the lament of every small business owner. We all have so much to do, there never seems to be enough time to complete it all. Small business owners value their time. Like Jeff & Joy Schranghamer, owners of Schranghamer Design Group (SDG) in Boston, Massachusetts. I have …
Now is a great time to follow your dream and launch your startup or small business. Startup “incubators” and “accelerators”—physical or virtual support organizations for budding entrepreneurs—are popping up in cities large and small, not just across the US but globally, to help you realize your dream. There’s more money available for financing, with crowdfunding, …
This month, all over America, young people are slipping on ill-fitting caps and wrinkled polyester gowns, marching to Pomp and Circumstance and — finally, finally — grabbing that hard-earned college diploma. Once the hugs and tears subside, the job hunt will begin. Many will end up working for a small business; some will help launch …
You’ve always wanted to run your own small business—be your own boss. But you don’t want to start from scratch. Maybe you don’t have that “big” idea, don’t know where to start, or aren’t sure you have all the skills you need. Then, someone suggests you get a franchise. “It’s all done for you—it’s a …
Years ago, a tenured university professor told me his secret: He was desperate to quit and start his own business. He had enough in savings but didn’t dare leave his job. As a man in his mid-50s, he couldn’t get health insurance on his own. The Affordable Care Act, which some call Obamacare, was supposed …
Let’s say you’re an expert in a field but got laid off from your job. Or you have skills but can’t find permanent work that pays enough. It may be time to become a self-employed consultant. Consulting is a great way to own your own small business. I know, because I was a consultant for …
