5 Venture Capital Term Sheet Provisions You Should Have

A silhouette sketch of five people in a business meeting illustrates a venture capital term sheet

Why do venture capital term sheet provisions matter so much for your company’s future? What key elements should you understand before signing on the dotted line? In Venture Deals, Brad Feld and Jason Mendelson explain how term sheets shape the relationship between founders and investors. From financial matters to governance issues, each provision carries significant weight in determining who owns what and who controls your company’s direction. Keep reading to learn how to navigate these critical decisions and protect your interests as a founder.

The Top 3 Disadvantages of Traditional Business Today

An old business building crumbling, showing the disadvantages of traditional business

Why do the traditional business ways no longer work? Is top-down management good for a company? In The Age of Agile, Stephen Denning argues that changes in the business landscape mean that many of the old ways of managing and leading a company no longer work. He explores three traditional business practices and explains why they’re obsolete. Let’s look at these three disadvantages of traditional business in more detail.

Competitive Advantage in Business: Why It Doesn’t Matter

Two leaders playing chess to get a competitive advantage in business

Do you want a competitive advantage in business? Why is focusing on your competition actually bad for your company? In The Age of Agile, Stephen Denning targets companies’s focus on competition and creating long-term competitive advantages. He claims that such attention on other businesses in this way doesn’t work for two reasons: rapid change and high customer expectations. Check out why competition isn’t the sole thing you need to pay attention to.

How to Be Like Elon Musk: 4 Exercises Inspired by His Life & Work

Elon Musk in a TED 2017 interview

What compels Elon Musk to disrupt entire industries and challenge the status quo? What specific habits and mindsets have shaped his journey to become one of the world’s most influential innovators? In his book Elon Musk, Segun Thompson reveals the key principles behind the tech mogul’s success, offering insights into Musk’s personality and motivations. His experiences at Tesla, SpaceX, and beyond illustrate his cross-disciplinary thinking that fosters an entrepreneurial spirit. Read on to learn how to be like Elon Musk through practical exercises and real-world examples inspired by Thompson’s book.

Making My First Ten Million by Brian Carruthers: Book Overview

A man reading a book in a library

What does it take to build genuine wealth through network marketing? What if the path to financial freedom was more accessible than you thought? Brian Carruthers shares powerful insights about wealth creation through network marketing in his transformative book, Making My First Ten Million. His journey from skeptic to successful entrepreneur can help anyone build sustainable wealth. Read more in our brief overview of Making My First Ten Million.

How to Identify & Test Product Assumptions

A woman looking thoughtfully at writing on a whiteboard in an office illustrates identifying and testing product assumptions

What hidden beliefs might be sabotaging your product’s success? How can you uncover and test these critical assumptions before investing significant resources? Product development teams often make crucial decisions based on untested assumptions, which can lead to costly failures. In Continuous Discovery Habits, Teresa Torres provides a systematic approach to identifying and testing product assumptions across five key categories. Keep reading to discover practical methods for uncovering your product assumptions and learning how to test them effectively.

Resources in Business: How to Find Exclusive Assets

A leader in a suit and tie at their desk, using his business's resources

What types of resources do your business need? Where do you find certain types of resources? To secure exclusive resources in business, you need to acquire assets or capabilities that provide unique leverage in the market before competitors recognize their full value. The unique leverage of these resources is that they allow you to offer superior products or services, operate more efficiently, or control critical aspects of production. Check out how to get your hands on resources that will give your company a boost.

Foundation of a Business: 2 Strategies for Developing Your Model

A woman in a suit wearing an orange hard hat, ready to build her business foundation

What are the essential components of a business’s foundation? Can you easily change your business model later on after it grows? When you’re developing the foundation of a business model, Hamilton Helmer recommends that you focus on two strategies: carving out your niche and securing exclusive assets. It’s important to implement these two strategies at this early stage because they’ll become increasingly difficult to adjust once your business begins to grow. Let’s look at the two most important things you need to do when starting a business.

How to Expand Your Business: Hamilton Helmer’s 3 Strategies

A man looking at three identical buildings, showing how to expand your business

When is the right time to expand your business? What are the three core strategies of a business expansion? As your business experiences rapid growth, Hamilton Helmer suggests that you scale production, grow your customer base, and lock in customers. Implementing these strategies during this stage of your business lifecycle will create numerous advantages, securing a strong position within the market. Take a look at how to expand your business and become a challenge for your competitors.

Increasing Your Customer Base: 5 Methods to Gain Loyalty

A long line of people outside a store, showing a business increasing a customer base

What makes some products more valuable as their customer base grows? How can businesses create a cycle of growth and value? Hamilton Helmer explains how businesses can transform their increasing customer base into a powerful competitive advantage. When more customers use a product or service, it becomes inherently more valuable through enhanced user experiences and third-party contributions. Keep reading to discover five methods that can help you build and maintain a thriving customer community.