I want to start this with a story. I’m quoting Jason Cohen in his post Business advice plagued by survivor bias, with thanks to Alan Gleeson for tipping me off to this one. As you read this story, think of how it applies to business experts and business advice:
During World War II the English sent [...]
Ugh, baby boomers, retirement, selling the business … ouch. Strikes me like “lions, tigers, and bears,” in the Wizard of Oz. Scary.
I’m 61. It was my choice to change my job more than two years ago, so that now instead of managing my company with 45 employees I’m writing, speaking, blogging, and teaching. And I [...]
Posting on his Small Business Labs blog, Steve King wrote: Don’t Quit Your Job Until You’ve Talked to a Small Business Failure. Amen. Everybody even thinking about starting a business should 1.) Read that post; and 2.) do what it says, talk to a small business failure.
Steve cites a couple posts he’s done recently on [...]
There was a nice piece in Small Biz Labs yesterday, in which Steve King notes that you should have a business plan whether or not you expect investors to read it. He offers this summary in that post:
In my opinion, the best way to prepare for the pitch process is to develop a business [...]