Business StartupA critical mistake often made by a business start-up is getting advice from the wrong resources. Business start-ups are already at a disadvantage out of the gate as these statistics show:

  • 9% of the population owns a business.
  • 7 out of 10 business start-ups never reach their year 2 anniversary.
  • 51% of the remaining 3 will still be in business after 5 years.
  • 5% of the remaining 1.5% have annual revenue more than $1,000,000

How do you become .08% of business start-ups that can fetch more than $1,000,000 purchase price in the end?

Get the right information right from the start!!! Don’t just ask those people that you know who are in business for advice with your business start-up.  Most of them are struggling with their own challenges and don’t really know how they got to where they are right now!

As a business start-up, or at any other stage of business growth, there is only one question that you need to ask for business success…

What do I need to do so that my business will run without me?

That is, how do I create business self-sustainability!  That is the mission of DE, Inc. and this blog to teach you what you need to do to make sure that your start-up business is able to run without you so that you can have the independence and financial freedom that you seek.

Here are some articles you may find helpful which are specific to business start-up and the first stage of the business growth cycle.

Build a Successful Business by Asking the Right Question

To build a successful business is easier than most people think.  You just need to ask the right question that lead you there in the most direct way possible Tonight I’ll be meeting a bunch of new people.  Most will be at the event because they are starting their […]

Inventor vs Entrepreneur: Transitioning to Turn Your Vision into Reality

Inventor vs entrepreneur is a topic I was asked to revisit for an upcoming presentation.  Back in 2010 I gave the same presentation to the Tampa Bay Inventors Council and it was well received. Not sure how many people heeded my advice, but what I presented then is still […]

4 Areas of Operational Focus in the Foundation Stage

This week let’s get back to looking at the strategic objectives within each business function as you move your business along the growth model.  So, far we’ve looked at marketing and sales.  The next logical step is to take an operational focus. No matter what business you’re in, there […]

Listening – The Best Marketing for Startups

Marketing for startups is often difficult because small business owners don’t understand the difference between sales and marketing. (see my previous post Sales Slump? Do You Have the Right Resource Assigned?).  Marketing for startups is all about understanding what the customers wants to satisfy their need and communicating exactly […]

Selling for Startups – 3 Critical Questions Every Business Must Answer

If you’ve been following along on our blog then you are already familiar with the business growth cycle.  This week we want to begin looking functionally at what you should be doing within each phase of growth.  Because revenue is one of the most critical measures of growth let’s […]

2 Things You Can Do to Accelerate Startup Growth

So, you want to accelerate startup growth.  A while back I wrote an article title 4 Key to Creating a Profitable Business.  In it I covered the specific objectives critical to startup companies getting out of the foundation stage and into the survival stage.  The recommendations are as solid […]

How to Have Success – Getting Out of Your Own Way!

Recent activity in my consulting business has revolved around a number of start-up companies.  It has made me revisit the foundation of the small business growth cycle once again.  One of the observation I that I wrote about in an earlier post titled “Is Your Startup Focused on the […]

4 Keys to Creating a Profitable Business

We’ve all heard the statistics: 7 out of 10 new employer firms survive at least two years, and about half survive five years.  According to the SBA statistic reported by SCORE in 2008 there were 627,200 new businesses, 595,600 business closures and 43,546 bankruptcies. What can you do to […]

Is Your Startup Focused on the Right Objectives?

Lately I have been involved with a number of startup businesses, including a couple of my own.  One observation I have made is that many small business startup owners tend to focus later stages objectives rather than the early stage growth cycle objectives they should.  The result of their […]

Marketing on a Shoestring

When I was first asked to participate on this panel, I thought, “WOW things really have come full circle!” You see, I started my business back in 1991 on a shoestring.  I had no marketing experience having just got out of the Air Force.  I was lucky enough to stumble […]