Here’s our weekly link roundup of small business buzz, musings and muchness. A curation of the best small business talk around the web.
How VCs Deploy Operating Talent To Build Better Startups
“Most venture-backed startups fail. Shikhar Ghosh, a senior lecturer at Harvard Business School, estimates that 30-40% of high-potential startups liquidate their assets and lose all their investors’ money. About three-quarters don’t recoup the invested capital. And roughly 95% never reach the projected revenue or breakeven point.” (Forbes)
Why All Entrepreneurs Have Founderitis, and How to Control the Green Monster Within
“I don’t know if the disease known as “founderitis” is an angel term or just a broad term across the industry. If you are a venture capitalist who comes from a fund or MBA background, you probably don’t understand it. But most angels have it, and certainly all entrepreneurs pitching for money have it.” (TechVibes)
A five-point plan to add strength to any small business
“When you consider that small business accounts for nearly 50 percent of private-sector jobs and 64 percent of net new jobs in the private sector, it makes sense to formulate a sound plan to strengthen those companies. I’m not a politician, but as a small business owner with significant experience in human resources, I devised my own five-point plan.” (Biz Journals)
The 10 weakest small business sectors for 2013
“A look at the industries where small business sales are growing the slowest (and in one case, shrinking), according to financial data collected from thousands of small employers by Sageworks, Inc.” (Washington Post)
How to network with people you can’t stand
“Most experienced networkers know that it’s nearly inevitable, especially in established business-networking groups, that you wind up in situations with people whom you simply just … can’t stand to be around… Several reasons exist why you might wind up in a business networking situation with someone you’d rather not encounter. Here are three of the most common and suggestions for navigating them gracefully.” (The Globe and Mail)
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Photo: Alexander McQueen