February 14, 2013
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Bold Ventures
The couple behind The Knot wedding business
Husband-and-wife team David Liu and Carley Roney founded The Knot in the mid-1990s, and the business has since gone public and grown to include 650 employees. In this interview, Liu and Roney discuss their path to success, and the pros and cons of launching a business as a married couple. Business Insider (2/13)
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Leading the Pack
Leadership is about bringing dreams together
Good leadership is about hiring the right people, then mentoring them "in a way that marries their accomplishing their dreams with our company accomplishing its dreams," says Lawrence F. Flick IV, chairman and CEO of Prudential Fox & Roach and The Trident Group. To accomplish that, leaders must learn to "connect the dots and create a vision," Flick says. PassionOnPurposeBlog.com (2/11)
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Finance & Growth
Forming partnerships to rescue your troubled startup
If your company is in trouble, you may have an option beyond an acquisition by a large company for keeping things going, writes Reed Taussig, president and CEO of ThreatMetrix. "[I]t is often in the best interest of the entrepreneur, the angel investor, and the acquiring company to form a partnership with another private company in order to preserve the investment," he writes. VentureBeat (2/12)
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The Whole Entrepreneur
How to get more satisfaction out of life
Making a ton of money won't necessarily make you a happier person, but there are ways to boost the satisfaction you feel as an entrepreneur, according to this article. You may be able to become happier by setting attainable daily goals, forming a community of like-minded individuals and dedicating some of your time to help others. Forbes/Young Entrepreneur Council (2/13)
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The best mobile apps for launching a business
Mobile applications that allow you to sign documents, keep track of articles you want to read later and quickly send yourself an e-mail can help you to run your business when you're away from the office, writes Adam Toren, who lists his top 10 app recommendations for entrepreneurs. Blogtrepreneur (2/13)
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Ideas for Innovators
How immigrants can boost U.S. innovation efforts
Immigrants have made significant contributions to the U.S. economy, and the country should do more to welcome them, writes A. Mushfiq Mobarak, an associate professor of economics at the Yale School of Management. One problem is that it can be difficult for noncitizens to launch businesses under the current rules, Mobarak writes. "Our policies could be revised to promote entrepreneurial risk-taking by the top talent regardless of their country of origin, because just one Microsoft, or a Google or a Facebook, can change the world," Mobarak writes. The New York Times (tiered subscription model)/Economix blog (2/12)
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Fortune from Failure
4 ways to move on after experiencing failure
Failure is a natural part of the entrepreneurial process, but coping with it can still be difficult, writes Patricia Fletcher. When you face failure, keep calm, write out the worst-case scenario that could befall you and your company, concentrate on achieving your goals and seek lessons from the situation, she advises. Inc. online (free registration)/Level Playing Field blog (2/13)
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SmartQuote
You aren't 'less' because something you did failed. It's not a reflection of you as a person."
-- Patricia Fletcher, writing at Inc. online's Level Playing Field blog.
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