Tag: entrepreneurship

  • Part 2: Why Businesses Fail

    Part 2: Why Businesses Fail

    Since 1980 onward, business plans have become standard staple in lending and investing. They provide, or so their supporters will argue, a standardized way to look at a business. Business plans require entrepreneurs to actually “plan” and they are the road map an entrepreneur uses from start-up through to a full -scale operation. So why…

  • Do I need a Business Plan? (Psst … You May Not) Part 1

    Do I need a business plan? I cannot tell you how often I get this question. Early in my career, I was an avid supporter of Business Plans. Not the business plan itself perse, but the planning process. Planning, in itself is crucial to the success of a business-or so I thought. However, over the…

  • Ways to Kill an Idea – It Can’t Be Done

    Ways to Kill an Idea – It Can’t Be Done

    Ways to Kill an Idea – #1. It Can’t Be Done I recently hosted a conference on immigrant entrepreneurship, which was meant to drive home three key ideas: 1. Fail fast, fail forward. 2. Do not be afraid to think big. 3. Do not let your immediate response to a new idea be “no”. Obviously, there…