Tool: Secret Sauce - Secret sauce is an important point to differentiate your venture from the competition. The concept of secret sauce is often not known, or it is misunderstood. This episode describ

Tool: Cash Flow - Cash flow is the difference between the available cash at the beginning of an accounting period and cash at the end of the period. Understanding the concept of cash flow and how to m

Tool: Partnership Agreement - A Partnership Agreement is a contract between two or more business partners. The agreement lays out the responsibilities, rights, and interactions of each partner in the

Tool: Blue Ocean - Learn about blue ocean which is an unexploited or uncontested market space. Chan Kim and Renee Mauborgne originated the term in their book ‘Blue Ocean Strategy: How to Create Uncont

Tool: Monkey on the Back - In order to scale your venture, you can’t try to do it all on your own.  Delegation is a key aspect to successfully grow an entrepreneurial business.  Learn about a key dele

Tools: Accomplish Tasks - A critical component of an entrepreneur’s success is to accomplish efficiency in all aspects of their venture. Entrepreneurship is all consuming accomplishing tasks in a time

Tool: Moonlighting - Moonlighting entrepreneurs must balance time, effort, and energy to advance their venture without creating conflicts with their employer. Does this juggling act make sense? ‘OUR F

Tool: Hire Slow, Fire Fast - Ignoring the Hire Slow, Fire Fast motto can lead to what Guy Kawasaki called the bozo explosion. Learn nuances of hiring for a startup and avoid turning your startup i

Tool: 80/20 Rule - The Pareto principle, aka the 80/20 rule, states that roughly 80% of outcomes come from 20% of causes. Learn how this principle can benefit your entrepreneurial venture in multiple

Tool: Company Name - Selecting a company name can be a critical aspect of your venture's success.  Learn nuances of choosing a name that pops! ‘OUR FAVORITE TOOLS FOR ENTREPRENEURS ’ addresses startup