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What are the main motivating factors for someone to take up entrepreneurship?

A) In a capitalist economy, because they seek to generate an economic return in the form of fungible cash that can support their personal needs and desires. B) In many cases because they find it fulfilling and a good match for their skill sets, just as artists, dentists, lawyers or competitive athletes finds it fulfilling […]
David S. Rose
David S. Rose , Founder and CEO , GUST INC.
8 Sep 2013

6 Business Success Myths Entrepreneurs Must Avoid

All true entrepreneurs operate off a set of tenets that are built into their psyche, or drilled into them from training and mentors. These are represented by sayings like “You never get anywhere unless you take a chance” and “Passion and persistence are the keys to success,” Unfortunately, there are still other old, reliable tenets […]
Martin Zwilling
Martin Zwilling , Founder and CEO , Startup Professionals
8 Sep 2013

What is the most viable model for equity based crowdfunding?

One of the following two: Revenue-backed, interest-bearing notes with a kicker multiple The funds go into the company as a loan, and get repaid with interest by distributing a fixed percentage of gross revenues (say, 5%) among all the note holders. Once the base+interest has been returned to the investors, the company continues to pay […]
David S. Rose
David S. Rose , Founder and CEO , GUST INC.
5 Sep 2013

What are good questions to answer for business plans?

This is my answer on Quora to ‘what are good questions to answer in a business plan?’ Congrats on your question. Basing your planning on what questions to answer, as you suggest, is a really good way to do it. Everything in business planning is case by case, and every plan is unique, so you’re […]
Tim Berry
Tim Berry , Founder , Palo Alto Software
3 Sep 2013

Are You ‘Hands On’ Enough To Succeed In A Startup?

There is no substitute for diving into the key details of a new startup. Executives from large companies have sometimes long forgotten how to do this (“My people will contact your people to work out the details.”). Others hire consultants, or outsource much of the real work. These executives won’t survive long in a startup […]
Martin Zwilling
Martin Zwilling , Founder and CEO , Startup Professionals
2 Sep 2013
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