By Ed McLaughlin and Wyn Lydecker Entrepreneurs don’t need to use a formal business plan when pitching to investors. As we said in our previous blog on business plans (“When Do You Need a Business Plan?”), a brief one page summary or a slide show is really all you need to make a great first [...]
Previously Published on LinkedIn By Ed McLaughlin and Wyn Lydecker In the startup world, failure can be viewed as valuable feedback. As Bill Gates said, “It’s fine to celebrate success, but it is more important to heed the lessons of failure.” Gates, of course, is the richest man in the [...]
By Frances McLaughlin Let’s talk about unicorns. Not the mythical creature, of course, but something just as special – a privately held technology company that has a valuation of $1 billion or more. A company that Aileen Lee, founder of Cowboy Ventures and the term itself, describes as the “winner of all winners”. Examples of [...]
Previously Published on LinkedIn By Ed McLaughlin and Wyn Lydecker Corporations that continue to flex the same muscles and refuse to depart from old ways are likely to find themselves no longer able to keep up with the flow of fresh ideas and innovation that fuel future growth. A recent study by KPMG revealed that [...]
By Ed McLaughlin and Wyn Lydecker A life of success and achievement is a direct result of utilizing the power of positive thinking. Positive thinking is a mental and emotional attitude that focuses on the bright side of life and expects positive results. It is one of the most important assets you can have once [...]
Previously published on LinkedIn By Ed McLaughlin and Wyn Lydecker Entrepreneurs know that a business idea is only as good as the ability to execute it, and top-notch entrepreneurs like Sir Richard Branson have found the way to supercharge their efforts. How do they do it? They carve out time to exercise and stay fit, [...]
By Ed McLaughlin with Wyn Lydecker Sometimes coming up with a new strong business idea is harder than developing the business model itself. You want to create a service or product that you believe can be successful. Where do you start? Some ideas are so simple we wonder why nobody thought of them before. But [...]
By Ed McLaughlin with Wyn Lydecker Nowadays, it seems that tech startups are the only ones getting media attention. But many entrepreneurs are launching non-tech startups, just as I did. When you are developing a non-tech startup, intelligent use of technology can create a distinct competitive advantage, tighten your relationship with customers, improve access to [...]
Previously published on LinkedIn By Ed McLaughlin and Wyn Lydecker Promoting your new business may seem daunting, but it’s really quite simple. You just have to get out there. As Woody Allen says, ‘Showing up is 80 percent of life.’ So go out and make connections, and let the world know what you are doing! [...]