Just like human beings, startups that grow up go through “teenage” years. No longer is the founder’s basement an acceptable workplace, but office rental costs aren’t exactly within reach, either. That sole salesperson has an assistant now, but can two people truly be called a “department”?Perhaps the most awkward part of business adolescence, however, has…

Getting from intention to reality doesn’t always follow a straight path. March 6, 2020 4 min read Opinions expressed by Entrepreneur contributors are their own. Consumers love sustainability, and plenty of business owners would love to operate more sustainable companies. Getting from intention to reality doesn’t always follow a straight path, though, even for businesses…

When you’re doing something new, you might assume novelty alone will sell your product. However reassuring, that intuition rarely pans out. The buzz around your innovation will eventually die down. Without differentiation, your product won’t have anything special to offer when competition arises. You’ll be scrambling like everyone else to adapt to changing consumer demands.  …

To deal with toxic people effectively, you need an approach that enables you to control what you can and eliminate what you can’t. Opinions expressed by Entrepreneur contributors are their own. Toxic people defy logic. Some are blissfully unaware of the negative impact that they have on those around them, and others seem to derive…

If you have reasonably sound credit, it’s easy to get a personal loan – in fact, there are probably several companies actively clamoring to loan you money. When starting a business or trying to grow your company, though, steer clear of using personal funds. Despite the easy access, introducing personal funds into your professional endeavors…

A startup doesn’t have to try to save the world to change it.  We don’t often appreciate the everyday origins of many startup ventures — we’re too busy admiring the “big dogs.” We like to talk about Jeff Bezos revolutionizing e-commerce with Amazon, Steve Jobs introducing the smartphone, or Elon Musk leading the electric car…

A business should always be moving towards a set of goals. As soon as one set of goals is accomplished, a new set of objectives needs to be put in place. But how do you track how your team is doing in between goal creation and realization? The Importance of Tracking Progress  Whether it’s a…