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February 4, 2013
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Bold Ventures 
  • Why one entrepreneur declined a $200,000 investment
    Derek Pacque was inspired to start his company, CoatChex, out of his frustration that with bars that lack places for customers to leave their coats. His company uses portable coat racks and eliminates the need for paper tickets by collecting phone numbers or other information from patrons. Pacque went on the TV show "Shark Tank" but rejected a $200,000 investment offer from entrepreneur Mark Cuban because he thought the valuation of his company, set for expansion, was too low. Inc. online (free registration)/Start Me Up blog (2/1) LinkedInFacebookTwitterGoogle+Email this Story
Leading the Pack 
  • 6 ways to lead like a mother lion
    On a trip to the Serengeti, Beth Armknecht Miller spotted a lioness caring for her cubs -- and showcasing some key skills every business leader needs. A lioness models good hunting techniques for her cubs, watches them carefully while allowing them space to fail, and rewards their successes. "One of the primary roles a leader has is to develop her team to their full potential. And on the plains of the Serengeti, eating and being aware of your surroundings are critical to survival," Miller writes. Great Leadership (1/31) LinkedInFacebookTwitterGoogle+Email this Story
Finance & Growth 
  • Why your VC is getting tired of you
    Your relationship with the venture capitalist who invested in your startup might go downhill if you hide information from him or her, if you don't execute fast enough or if you are constantly changing your strategy, Josh Linkner writes. "Don't get into the habit of always leaping to the next-next thing," he writes. "Demonstrate that you have the fortitude to follow through." Forbes (1/31) LinkedInFacebookTwitterGoogle+Email this Story
  • Panel suggests creation of small-business stock exchange
    An advisory panel to the Securities and Exchange Commission has suggested that the SEC set up a special exchange for small businesses. The exchange would make it easier for companies to go public in the U.S. The exchange should be limited to experienced investors who can assess the risks involved with lower disclosure hurdles, the panel recommended. Bloomberg (2/1) LinkedInFacebookTwitterGoogle+Email this Story
The Whole Entrepreneur 
  • How to pick the perfect name for your company
    The first step to coming up with a good name for your company is to think about the emotions you want your brand to inspire, writes Alex Honeysett. "Write down all of the words and phrases that you want associated with what you do," she advises. After brainstorming on your own, work with the other people at your company to come up with some ideas. Check if those names are already in use, and see whether the URLs associated with them are available. TheDailyMuse.com (1/30) LinkedInFacebookTwitterGoogle+Email this Story
  • Other News
Ideas for Innovators 
  • Innovation lessons from a Reebok sneaker
    One of Reebok's top-selling basketball shoes uses cushioning technology first developed for use in intravenous fluid bags. That's a sign, experts say, of the value of applying "peripheral" knowledge from unconnected fields to solve tough problems. "The central idea of peripheral knowledge really resonates," says Martine Haas of Wharton. Knowledge@Wharton (1/30) LinkedInFacebookTwitterGoogle+Email this Story
Fortune from Failure 
  • Take responsibility for failure
    It's tempting to make excuses for failure, but it's important to understand that you are responsible when things go wrong, writes Paul McCord. The tendency to blame external factors for failure will prevent you from learning from your mistakes. "It's a lie that will set you up for further failure," he writes. Sales and Sales Management Blog (1/31) LinkedInFacebookTwitterGoogle+Email this Story
SmartQuote 
I've seen entrepreneurs change strategies more than runway models change clothes."
--Josh Linkner, managing partner at Detroit Venture Partners, writing at Forbes.
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