From Idea To Business: Common Obstacles, And What To Do About Them

SIBP-Blog-NEW-B-2One of the best parts of my job is working with young entrepreneurs. I call them my “baby birds,” and there’s something incredibly rewarding about taking them under my wing. I love being in a position to guide them through the early stages of starting a company, acting as a mentor as they turn an idea into a full-fledged business. When those businesses finally take flight, it’s a huge thrill.

Creating a viable business means going into the process with your eyes wide open, and I always love it when those young entrepreneurs ask me those simple-yet-tough questions I really have to think about. For instance, I hear a lot of variations on this question: “What obstacles can I expect to run into as I start to turn my idea into a real business?” Continue reading

Ep. 057 – Do You Really Need a Business Plan?

SIB-Blog-2Are long-form business plans really necessary for every startup? Are they even all that useful? Are there better alternatives? This week, host Tom Ryan takes on this controversial topic, explaining his skeptical view of traditional business plans and offering some other options for fledgling entrepreneurs.

Tom is on the road this week, requiring a slight change of format from two-person discussion to solo show format. As a result, he’ll be taking on a variety of listener questions. Continue reading