At this stage in your journey, you have decided to go forward with launching your new business and have completed the steps to get your startup ready to operate. You have done the prework to vet your business idea and are sure you have a viable market for your solution. Now it is time to...Read More

Hopefully at this point you’ve made the decision that you are ready to start a new business. You have done the research and feel comfortable you have an actionable idea for your company, and the business legal items are checked off and ready. Fantastic, it’s go time now. Before you start offering a product or...Read More

As a startup founder, one of your most important jobs is going to be getting other people into the boat with you. To make your idea go, you are going to need a bunch of people to pick up an oar and help you row. There is a ton of inertia to overcome in the...Read More

If you just got your business rolling you are going to need a few contract templates ready to use. You do not want to wait until a customer says “yes” and then have to scramble. You also don’t want to be in the position where a candidate is ready to accept your job offer and...Read More

Once your business is properly open and registered, an important next step is establishing a business bank account and setting up your financial reporting. I have seen too many founders that don’t take either of these steps, and it causes a bunch of problems in the future. You don’t want to run your business through...Read More

The goal of this post is to give you a list of the basic steps needed to get your business open. We will cover registering your business name and getting a web domain. Next, we will discuss registering your business for operation. Finally, we will talk about the minimum company documents needed to launch. This...Read More

You’ve decided to start your own business, congrats! It’s going to be a fun and exciting journey. In this post, we discuss the steps to get your business out of the starting gates. You will need to go through several steps to get your business legally open and ready to go. Your business will need...Read More

I have spoken to a few very early stage startups that are tackling big markets like healthcare and travel. Big markets have appeal since you only need to get a few points of market share to make a whole lot of money. They problem with big markets is that you will face big competitors who...Read More

One of the biggest issues you need to address is, are you solving the right problem? Have you found a real problem that you can solve? Lots of founders start by trying to solve a problem they have seen in their own lives in a way that they would want it solved. This can work,...Read More

One of the most common reasons we reject a deal for potential investment is a belief that the company is attacking too small a market. Look, not every company needs to change the world and be worth tens of billions of dollars to be a great win for you and your investors. However, if we...Read More