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May 4, 2012
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Bold Ventures 
  • Venture capitalist launches a health-food startup
    Gautam Gupta, who had a promising career in venture capital, decided to transition into entrepreneurship by launching an e-commerce business that sells health food. "I thought I should spend at least a few years of my life trying to build a business or do something on the operating side before I got too deep into VC and was not able to get out of it," he said. ReadWriteWeb.com (5/3) LinkedInFacebookTwitterGoogle+Email this Story
Leading the Pack 
  • 7 practices that will make you a better leader
    A survey by consultant Bill McCleave has uncovered some important lessons about effective management. Micromanagement is a surefire way to alienate your team members, McCleave found. Instead, managers need to focus on the basics such as good communication and building trust. McCleave's seven best practices include showing appreciation, empowering team members and eschewing power trips. Modern Distribution Management/Management & Strategy blog (4/30) LinkedInFacebookTwitterGoogle+Email this Story
Finance & Growth 
  • Why a traditional business plan won't cut it
    Don't bother writing a traditional business plan that claims to know what the future holds because it will be "obsolete before the ink is dry on the page," according to Michael E. Gerber. The secret to creating a successful business plan is to begin with a "heart-centered approach," Gerber writes. "Not only does this plan tolerate change, but it relies on your building in change as a key factor that will keep you on the best course." Inc. online/The New Entrepreneur (5/3) LinkedInFacebookTwitterGoogle+Email this Story
  • Tips for bootstrapping your startup
    Bootstrapping a startup can be challenging, but it is possible. It's a good idea to barter with others to save money on services and to focus on networking with key people in your industry. You should also consider working with independent consultants when you need to get something done. ReadWriteWeb.com (5/3) LinkedInFacebookTwitterGoogle+Email this Story
The Whole Entrepreneur 
  • Other News
Ideas for Innovators 
  • How not to approach innovation
    It's a mistake to assume you can create one overarching strategy to determine the best way to approach a new market. "Making a single bet on a single strategy, plan or company in a new market is a sure way to fail," Steve Blank writes. Instead, it's important to encourage experimentation, he writes. SteveBlank.com (5/1) LinkedInFacebookTwitterGoogle+Email this Story
Spectacular Failure 
  • How to successfully close your failing company so you can move on
    If your startup is failing and it's time to close shop, that's no excuse to fail badly, as "doing it right can avoid future problems and enable you to move on," Ethan Stone and Bennett Young write. Don't neglect to pay payroll taxes and be sure to avoid conflicts of interest, they advise. There are also a few ways to shut down your company such as by going through bankruptcy or dissolution, they write. VentureBeat (5/1) LinkedInFacebookTwitterGoogle+Email this Story
Featured Content 
 

SmartQuote 
[Y]ou can be sure any possibility for innovation dies when a company forms a committee for an 'overarching strategy.'"
--Steve Blank, serial entrepreneur, writing at SteveBlank.com
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