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Ownership
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As entrepreneurs, we think we are the only one who can get the job done. We have a hard time letting go of the reins, and letting other qualified people help us in areas where we need assistance. But if you don’t learn to allow others to help you — especially in your areas of weakness — you set yourself up to become overwhelmed and frustrated. Continue reading »

 

Dear John:

I have an idea for a business, but there is already a lot of competition. Do I need to find a new idea?
Continue reading »

 

Starting and building a company is all about leadership: formulating an idea, building a unique plan based on vision and experience, and forging a path over and through all obstacles. Yet the image of leadership in business is at an all-time low, according to national leadership experts, considering the political debacles, record business bankruptcies, and executive fraud cases.

If the country is to recover financially and politically, new leaders will have to emerge to fill the leadership deficit—new leaders who understand that leadership is a privilege, not an entitlement— Continue reading »

 

Each spring, I review 50 or so business plans for various business planning contests. These plans are developed for startup companies that are seeking thousands, and sometimes millions of dollars in angel investment or venture capital. By the time I Continue reading »

 

While many people dream about starting their own business, far fewer make it happen. Nearly two-thirds of American adults have thought about starting their own business, only about a third of Americans have actually taken the plunge, according to a 2009 FindLaw.com survey. Why? Continue reading »

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