I was just reading an article on the impending water shortage. Most of us are totally in the dark about it, but for years, people who track such things have been warning that our water usage is coming close to surpassing the world's available fresh water supply. MIT's...
entrepreneurship
Here are articles on entrepreneurship
How to Set Salaries for Entrepreneurs
“How to Set Salaries” is an article that first appeared on Entrepreneur.com in May, 2006.
Setting salaries for your staff is always a tricky thing to do. It’s especially hard if you’ve never done it before, because you probably don’t even know where to start. On the one hand, you want to pay enough to get the best possible talent. On the other hand, you don’t want to overpay. What’s an entrepreneur to do?
First of all, don’t panic. Remember that your goal is to attract good talent and pay them fairly… (continued at http://www.entrepreneur.com/article/0,4621,327848,00.html)
Getting the Most from Your Advisors (slides)
Many great leaders have had great advisors. When you’re searching for advisors, where do you go? How do you get them? These slides from Stever’s 1999 Cyberposium presentation might shed some light.
From Idea to Business: I have an idea … how do I turn it into a business?
What does it take to turn an idea into a business? Four things: a product or service, a business model, a team, and money…
What are Venture Capitalists? (What are VCs, anyway? Are they right for me?)
Many people think a VC is someone who helps entrepreneurs start businesses. Well, they do. But that isn’t their primary job, nor their primary legal responsibility. In fact, sometimes their real job can be detrimental to the entrepreneur they fund…
Romancing the Dragon: Know What Accepting Investor Money Means
Every entrepreneur I talk to dreams of attracting VC money or professional investor money. They seem to dream it because it’s simply “the way things are done.” But who set things up that way, and is it really such a good idea (for anyone other than the VCs)?
What is Viral Marketing? (What the buzzwords mean, and why not to use them)
Viral marketing has become such a common buzzword it almost has the status of a real world. You can tell it’s still a buzzword, though, since it’s used largely without regard for its meaning. Here’s how to tell the difference between real viral marketing and simple PR fluff.
Returning Money to Investors: How to Calculate their actual return
This article explains how to calculate the rate of return you’re giving investors. After all, they want to see a 900% return in six months, and to do a credible job of proving you’ll do it, you have to know the math…
EBITDA: The Phantom Measurement. (What's EBITDA all about, anyway?)
EBITDA is an oft-touted financial measurement that’s flat out meaningless. I side with Warren Buffett in considering it an abberation of good accounting. Here’s why it makes no sense…
Division of Equity: How equity gets divided initially and at harvest
How much stock should each person get? When should they get it? Why should they get it? Here are some answers, some questions, and some thoughts on equity distribution in startups.