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Small Business Owners Should Pursue Those Who Can Give the Best Business Advice

American Entrepreneurship

The most successful entrepreneurs are those who take the approach of seeking out those who can give the best advice when dealing with the challenges of growing their small business or startup. The Importance of Seeking Out Expert Advice Seeking out expert advice is crucial for small business owners for several reasons.

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Here is How to Make Sense of Conflicting Startup Advice

Both Sides of the Table

Everybody has a blog these days and there is much advice to be had. Many startups now go through accelerators and have mentors passing through each day with advice – usually it’s conflicting. So far from not taking advice from other people – I want more advice, more data points, more opinions.

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How to Be a Good Board Member

Both Sides of the Table

I have been writing a series on how startup boards get selected, who sits on them and what to avoid. I started this series in part to help entrepreneurs but also to help newer investors because I’ve know with so many new companies you have so many new board members and many people are trying to figure out there respective roles.

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Advice to Rising VCs and Founders Navigating The Correction

Revolution

But if the fund relies on a “momentum” investing strategy (a strategy that is dependent on the next investor simply investing at a higher valuation than is supported by the fundamentals of the business because of an assumed upward trend) it is likely that those marks will be reset as the market inevitably corrects.

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A practical guide to a first board meeting: Advice from the pros

This is going to be BIG.

As I prep for my first Backupify board meeting, I asked more experienced pros for their take on setting the right tone and starting things off right for productive board participation. Here’s what I got back: David Hornick, August Capital : "Here's some anti-advice. I talked over the other board members.

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The Problem with Startup Advice

This is going to be BIG.

I'm often the last one to leave an event, held back by the most persistant of entrepreneurs trying to squeeze as much advice as they can out of me. Often times, the advice is terrible or impractical. So much of this is gut feel with a thin later of strategy retrofitted to seem more than random. Why should that stop me, though?

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8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

He wrote a post this long weekend on how he manages the board of DataSift. In his post he asserts, “You get the VCs you deserve” and the corollary “You get the performance out of your board that you deserve.” By spending more time educating your board on your business you get more valuable advice from them.

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