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Category: entrepreneurship

Due diligence before the deal

Do your homework before buying a business EVERY DAY ACROSS AMERICA, businesses are bought and sold. Some sellers are looking at retirement for a cash-out for their hard work. Some are running a distressed business and need out. People who buy those businesses range from successful entrepreneurs who want to add to their arsenal of…

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Learning from the great entrepreneurs of our region

What’s the secret formula successful entrepreneurs use to scale their companies to a national or even international level from nothing? Many of the honored entrepreneurs you see featured in the above picture accomplished this goal even though some had never even run a business before. Well, stay tuned as an answer to their magic formula…

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Family businesses often struggle to adapt to marketplace changes

What’s not to like about running a family business? There’s a history of success. The family has been running it and understands the business. And the next generation is ready to step up and take over, so succession planning is a no-brainer. Continuing the success of an established family business sounds easy. But guess what?…

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Entrepreneurship Can Be Taught

Are you wondering if your team or even you personally possess the creative gene that would enable you and your team to innovate? Should you be looking to hire the next Steve Jobs? Relax! Innovation and entrepreneurship can, in fact, be taught. Here’s the proof provided by Prof. Bill Aulet of MIT: “As of 2006,…

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