Startup Tip 51: Set a failure point and stick to it

This is a guest post by Carolyn Kane. Failure isn’t something you want to think about for your startup, but it’s going to be essential to your success. I have never seen a startup that didn’t have at least one failed strategy or idea. The people who are still in business benefitted from their failures […]

What is Entrepreneurship? – 3 essential things you need to master to make your startup a success

Welcome to the first of Ready Set Startup’s Starting a business: Tools and Techniques videos on “What is Entrepreneurship.” Get stuck into the video right here. There is a text summary below for those of you that prefer reading, however it is missing the diagrams that I show on the video.   What is Entrepreneurship? […]

The one thing that could make the difference between a successful biz and a failure

Okay! So it’s a bit of a dramatic title. But I want to get your attention because my topic today may sound boring but is really, really important to get to grips with if you want to build a successful business. Creating a startup is all about working in uncertainty. There are no guarantees and […]

Why having a bad business idea is a good thing

Aspiring entrepreneurs have two big questions: How do I come up with a good business idea? How do I know if my idea will make a successful business? In addition to this, most new entrepreneurs expect their first business idea to be a great one. I did too! However, now I know that in my […]

Startup Tip 24: Can you answer the question “What do you do?”

Make sure you can answer the following questions clearly: – What do you do? – What do you stand for? – What problem are you solving? I was at a seminar a few months ago and the presenter asked 6 business people what their business did. None of them were able to answer the question […]