By Dileep Rao – Guest Contributor Shark Tank has taken the entrepreneurial world by storm. Many of my students are eagerly devouring every episode. I tell them that they are wasting their time or worse, headed in the wrong direction. Based on an analysis of 122 billion-dollar entrepreneurs and hundred-million-dollar […]
Growth Stages
What can you learn from Airbnb: Focus on your skills – not the idea
By Dileep Rao – Guest Contributor Has Airbnb succeeded because of its terrific idea? Or is it because of the entrepreneur’s ability to encapsulate his idea in a fantastic pitch and attract VCs? Or is it because of the entrepreneur’s skills in finding the right strategy and executing it to […]
Why 100% of venture capital can be explained in one 4-letter word
By Dileep Rao – Guest Contributor I know the word you are thinking of. But, actually, the word is ‘exit.’ Many have tried to explain venture capital (VC). For entrepreneurs, VC is hope in a check. They hope that VCs like their idea (hence the fascination with Shark Tank) and […]
How finance-smart entrepreneurs find financing in a finance-short world
By Dileep Rao – Guest Contributor There will never be enough new business financing to satisfy all the world’s entrepreneurial hopes. Having been to many venture-development conferences, I have found that one theme remains constant – entrepreneurs everywhere, and the venture developers who promote them, seem to constantly complain about […]
Building a startup? Get on board with an amazing board
In launching or growing a startup, there’s one tool every entrepreneur needs in their startup toolbox: A knowledgeable, honest and trusted advisory board. Startup expert Ricardo Weizs, a consultant at Florida SBDC at FIU that specializes in startup growth and access to capital, believes many startups lack industry expertise – […]
Customer service is the key to success for Al’s WiFi
Home is where the heart is, and increasingly the brain, too. Al Garcia’s small business, Al’s WiFi, creates “smart homes” for its clients using a carefully curated set of technologies that improves everyday living. Customers can easily control sound, lighting, temperature, shading, security and more from wherever they are. Technically […]
With a lot of hard work, Key Largo Chocolates finds sweet success
Bob and Kristie Thomas don’t do retirement very well – and that’s a lucky thing for chocolate lovers. Bob is a retired commercial pilot, where he spent 43 years flying for airlines including Eastern, Southwest, Saudi Arabian Airlines and most recently Copa. Kristie retired from owning her own travel agency […]
How one family business navigates a big transition and sets up for more growth
Running a family business can be the same roller coaster ride as any small business. Yet there are different challenges too, much more personal ones. “With a family owned business, it’s not just the accounts payable, receivables and the bottom line. There’s also emotional capital, family, and that equation is […]
How she built it: Lessons from the trenches of global beauty brand It’s a 10 Haircare
All big businesses start somewhere. Carolyn Aronson, founder, CEO and proud 100% owner of It’s a 10 Haircare, started her hugely popular brand from nothing about 15 years ago. She watched every penny, wore every hat in the business, and bootstrapped her way to sales. Sound familiar? Aronson’s products have […]
15 pro tips for scaling your small business
GrowBiz host’s note: From time to time, we share guest posts. This one gathers advice and strategies from Small Business Development Centers around the nation and has takeaways for your growing small business, no matter what stage it is in. By Gerri Detweiler When you’re serious about growing your small […]
