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7 Small Businesses Lessons From Tech Startups

What can every small business learn from tech startups? David Rose, founder of Gust.com and long-time leader of the New York Tech Angels, says normal businesses are different from tech startups, and offers small business lessons he’s taken from decades dealing with what high-end tech startups do as they start. He says: One of the most...

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How to Raise Successful Kids Without Overparenting

My video this week is somewhat like a compliment to my post yesterday, 5 tips on raising children as entrepreneurs. This is a TED talk from last November, Julie Lythcott-Haims: How to raise successful kids — without over-parenting. Here’s how TED summarizes: With passion and wry humor, the former Dean of Freshmen at Stanford makes the case...

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Planning Principles: Business Plan in Constant Change

One of the strongest and most pervasive myths about planning is dead wrong: planning doesn’t reduce flexibility. It builds flexibility. Lean business planning manages change. It is not threatened by change. This is the third of my five main principles of business planning. The first was do only what you’ll use. The second is that...

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Stanford Women Teach High School Girls to Code

I was glad to see this one on Stanford women teaching high school girls to code. Everybody wins with efforts like these to balance the tech world and fight the long-term skew of tech and programming that has traditionally had more men than women. The source for this video, on YouTube, is https://www.youtube.com/watch?v=Psxl7ytYGio

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Decline of Real Journalism and Fake News are Cause and Effect

These are related trends: the decline of traditional journalism and the emergence of fake news everywhere. I’ve accidentally chronicled the decline of journalism in this blog, with occasional posts over the last 10 years. Check out the category journalism here and you’ll see what I mean. Now, suddenly, so-called fake news is a big issue....

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Startup Culture is as Leaders Do

The question over on Quora was How should a new startup develop and sustain a strong company culture? I decided not to answer the essential how-to, but rather to share my experience in this area, which is more like a reality check on startup culture than anything else.  The following is straight from my Quora answer. Culture is not...

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How to Make Money on Your Brilliant Business Idea

So you have a brilliant business idea that will be very successful. My congratulations to you. Now read all ideas are brilliant and nobody is going to pay you for your ideas. Are you still sure? All right then, let’s continue.  And – this is important – do not even think about getting investors yet. Do a...

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Data, Politics, Poets and Truth

In the good old days – I turned teenager in 1961, and 18 in 1966 – we had a generally accepted process for establishing truth. First, we generally distinguished opinion from fact. Second, when fact was in doubt, we turned to evidence.  And evidence, once presented, was accepted. Evidence ended arguments. But data killed that, politics...

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Planning Principle: Continuous Process, Not Just a Plan

Don’t think of planning as just a plan that you do once. Planning done right is a process of continuous improvement. Keep your business plan always fresh and current. Never finish a business plan, heave a sigh of relief, and congratulate yourself that you’ll never have to do that again. Don’t use it once and throw it away....

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5 Simple Rules for Better Business Decisions

They teach decision sciences in business schools. Those of us doing business, either as entrepreneurs, business owners, or careerists, talk a lot, and think a lot, about business decisions. We all want better business decisions. I’ve taken some of those courses and heard a lot of the talk, and I’ve survived running my own business...

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Infographic: 46 Facts on Entrepreneurship

I want to share this infographic today because it has a lot of good information. I like some of the surprises in some of the numbers. The credit is down at the bottom. I don’t think every detail here is true (I don’t believe startup failure statistics demystify business failure statistics) I do think the research...

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Planning Principle: Good Business Planning Empowers Accountability

It’s easier to be friends with your coworkers than to manage them well. Every small-business owner suffers the problem of management and accountability. Good business planning empowers accountability. Good business planning sets clear expectations and then follows up on results. It compares results with expectations. People on a team are held accountable only if management actually...

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