How to start a company with far less capital and also make more money in the process

Venture capital investors need to put BIG dollars to work and have a short time frame (5-7 years typically). THEY need startups to move fast. And, yes, if you have 5–10 competitors getting market share then more invested capital will pay off. However, the smartest founders take another approach and raise less money at higher valuations later.

This alternative is a multi-step market entry strategy where a startup starts in a smaller niche to get some traction, proof of concept and cash-flow. Which they should always try to do anyway. The niche targeting requires less marketing and sales expense and gets higher sales conversion and ROI. Then they expand the target market with more/better product(s) or by selling in other markets (niches or verticals). Building a portfolio of niches and/or product before they go head-to-head with bigger competitors

The cost of an Executive MBA could set you back substantially, but it doesn't have to. Here are 10 of the most affordable EMBA programs.

Choosing to study an Executive MBA (EMBA) isn’t cheap. The world of graduate management education demands high fees in exchange for the return on investment you see if you work hard during your degree.

But going to business school to gain the experience and skills needed for executive leadership doesn’t have to break the bank. Although Executive MBA programs do tend to lean on the expensive side, not all the world’s top programs will set you back six figures.

Here are 10 of the most affordable Executive MBA programs, according to the Business Because Special Report, Executive MBA Insights: 10 Leadership Challenges For 2022.

10. Santa Clara University’s Leavey School of Business
Executive MBA cost: $111, 715

In at number 10 is the Executive MBA at Santa Clara University’s (SCU) Leavey School of...

It's NOT what you've thought!

By New England Journal of Medicine

The director of the George Washington University College of Medicine argues that the brain of an elderly person is much more plastic than is commonly believed. At this age, the interaction of the right and left hemispheres of the brain becomes harmonious, which expands our creative possibilities. That is why among people over 60 you can find many personalities who have just started their creative activities.
Of course, the brain is no longer as fast as it was in youth. However, it wins in flexibility. That is why, with age, we are more likely to make the right decisions and are less exposed to negative emotions. The peak of human intellectual activity occurs at about 70 years old, when the brain begins to work at full strength.

Over time, the amount of myelin in the brain increases, a substance that facilitates the rapid passage of signals between neurons. Due to this, intellectual abilities are increased by 300%...

By Gene Marks 

Amid the economic upheaval of the pandemic, it may seem counterintuitive that startups have reached unparalleled levels

Silvette Bullard is a school counselor by day and bakes in her spare time for customers. She launched her Julobell Bakery in June 2020. Photograph: Robin Rayne/Zuma Wire/Rex/Shutterstock

 

There have been more new businesses formed so far this year than ever. Literally ever.

A year ago I wrote about the surge in startups, 12 months later the trend has continued in a big way. According to data from the US Census Bureau analyzed by the Economic Innovation Group, there were about 1.4m new startup applications filed with the government through 30 September 2021. That’s compared with 1.14m during the same period in 2020 and 987 thousand in 2019. Every year before had been significantly less.

“With three months left in this unparalleled year, it now seems almost certain that the elevated pace of...

By Paul T

Purpose: This summary presents an actionable point of view that will result in tangible benefits for those who apply it to make and implement decisions related to investments in Workforce Development.

Process: Workforce Development was the focus of six 45-minute conversations on December 9, 2021. Each conversation used a consistent lens of “Benchmarking” with stimulus from the writings of Peter Drucker and each had a varying perspective with insight inspired by Open Minds. A guest with expertise was invited to be part of the conversation.

The summary created below from post-Forum dialogue between The Path and Georgia LEARNS Now that leveraged our perspectives on the human side and business side of Workforce Development. It is available to those who ask to receive it to be reviewed in private conversations as requested.

The University of Chicago’s Booth School of Business reported the median salary for this year’s graduates grew $5,000 to hit $155,000.

Pay for business-school graduates rebounded to new heights this year after flat lining early in the pandemic.

Salaries for newly minted M.B.A.s are hitting record highs as consulting firms, banks and technology companies lure top business-school graduates into their ranks in a tight labor market.

Both the Wharton School of the University of Pennsylvania and the University of Chicago’s Booth School of Business reported the median salary for this year’s graduates grew $5,000 to hit $155,000. It was Wharton’s highest-recorded median base salary, with 99% of students seeking jobs receiving an offer. Duke University’s Fuqua School of Business said the average annual salary for its M.B.A.s rose 4% compared with last year to more than $141,000—also a new high.

Pandemic-related management challenges, from...

‘I Paid For Fine Dining, But I Got McDonald’s’: MBA Student Testifies In Rankings Fraud Trial

Kristy Bleizeffer 

Ousted Temple Fox Dean Moshe Porat

After nearly three years and almost $120,000 in federal loans, Ibrahim Fetahi says his degree from Temple University’s Richard J. Fox School of Business and Management is not worth the hefty investment nor his nearly $100,000 in outstanding debt.

“In my mind, I paid for fine dining, but I got McDonald’s. Yes, I got food, but I didn’t get the quality I paid for, or the service,” Fetahi testified today (November 10) in the federal criminal trial of Moshe Porat.

Porat is the former Fox dean

accused of cheating on several U.S. News & World Report rankings, leading to four consecutive national No. 1 online MBA rankings before the scheme unraveled in January 2018. The trial resumed today (November 10) in the Eastern District of Pennsylvania district court following...

Creating a Culture of Innovation to Win Entire Markets

Are you in charge of innovation? Every CEO is. And many others should be too.

Peter Drucker famously said: “Companies have only two jobs: Marketing and Innovation”. I believe he is 100% correct as everything else is relatively easy. The other things do not need much creativity, which is the rarest resource. This is why Hollywood screen writers, Producers, top Directors and Authors make very big bucks.  Not to mention successful Entrepreneurs like Elon Musk.  Who BTW spends almost all his time on product focused innovation.

These two videos, and guiding a client who is doing their first major software development product, inspired me to write this article today. The best companies understand these ideas.  You need to watch these two TED Talks. Both are worth watching on how ideas/creativity can be enhanced.  This is one of many approaches, but one very company needs to facilitate deep in their...

Get More Done, but Also Get the Right Stuff Done

Effective time management is accomplished by using the Pareto principle of 80-20.  Making sure that  80% of your time is spent on the 20% of the work that makes most of the difference.  Some have called this the Picasso work. Where creativity, talent or experience is critical.  The book Blink by Malcolm Gladwell also discusses this principle and calls it reaching the level of unconscious competence.  Brain science and scanning have recently proven the biology behind this, whereby human beings used neuroplasticity to rewire their brain for certain sophisticated tasks. This is why experts who have spent 10,000 hours or more can potentially answer or do something in the blink of an eye. Where the book title comes from.

There are some things experts can do in hours, or even minutes, that others could never accomplish in weeks or even months. That is the invisible value of five or more years of experience, When...