• 10 Questions You Should Be Asking Your Employees Regularly
    Nov 20, 2019
      What is one question every boss should ask employees regularly? The following answers are provided by the Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, YEC recently launched StartupCollective, a free virtual mentorship program that helps millions of entrepreneurs start and grow...
  • What do you want your company to be when it grows up?
    Nov 18, 2019
    Figuring out funding options when your tech company’s in the early growth stage is a bit like asking what you want to be when you grow up. You could just blurt out the first childhood fantasy – pro baseball player – or, in this case, a tech biz with an exit of $200 million. But eventually, you leave Little League behind and have to start asking questions about what’s important to you...
  • What to Tell Customers When Selling Your Business
    Nov 11, 2019
    Selling a business can be a complicated process. But don't forget about your customers--the people who will continue to patronize the business after you're long gone. A business sale is one of the most difficult transitions in the life of a company. As the seller, it is critical to help guide your customers through the transition, and to provide reasons for them to remain with the business....
  • Mark Cuban: Three Tips for Startups
    Nov 07, 2019
    The tech billionaire is joining reality series 'Shark Tank' and shares advice for entrepreneurial success. Getting a startup off the ground and finding funds to grow it is a challenge, especially when pitching your venture to an intimidating, five-person panel of investors. Nevertheless, a group of aspiring entrepreneurs will take their chances starting March 25, during season two of ABC's reality...
  • The Art of Business War: 4 Lessons Entrepreneurs Can Learn from Sun Tzu
    Nov 04, 2019
      What can entrepreneurs learn from Sun Tzu, an ancient Chinese military general, strategist and philosopher? Quite a bit. Most notably Sun Tzu authored The Art of War, an influential ancient Chinese book on military strategy, which has been put into practical use by multinational corporate leaders and small businesses, alike. If you’re unfamiliar, the premise sheds light on the...
  • How to Manage the Challenges of a Family Business
    Oct 23, 2019
      For the millions of family businesses operating in the United States, having little separating the dining table from the board room table can be the recipe for not only a family feud but also for business strife. Rachel Shelasky is the president ofHollywood Fourth, a New York-based, fourth generation custom clothing design company. While Shelasky's siblings decided to pursue other career...
  • How do you expect entrepreneurship to change over the next decade?
    Oct 22, 2019
    The serial entrepreneur weighs in on the challenges that entrepreneurs will face--and how to overcome them. One of the easiest ways to look foolish is to start making predictions about the future--just ask those who said online shopping was a passing fad. And before the iPhone launched eight years ago, how many (besides maybe Steve Jobs) would have guessed that mobile apps would become a $35...
  • How to Choose a Business Partner
    Oct 17, 2019
    Evaluate based on skills and personality, not emotional ties. Then define roles and formalize the agreement with the help of a lawyer I was in the process of starting a business and got about halfway there when my business partner had a change of life and backed out. At a previous company I co-owned for 10 years, my business partner stole from me. Should I open my company alone, or is...
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