High-growth Start-up Business

Business Guide : High-growth Start-up Business

Five risks of venture management

You face five risks at every stage of your business development:

1. Growth risk
2. Technology & production risk
3. Marketability & competing risk
4. Financial risk
5. Team & management risk
   

Venture Management Laws

Laws for the new rapidly changing economy:

• Technology:  If you understand it, it's obsolete.
• Strategy: If it's static, it's obsolete.
• Training: If it's certified, it's obsolete.

New entrepreneurial economy

In 2003 in United States, a staggering 61% of the listed companies were started at home, at the CEO's kitchen table, and 16% were initially capitalized with less than US$1,000. This is an inspiring evidence illustrating how much an entrepreneur can accomplish with an idea whose time has come. Of course, good ideas are not enough to turn a US$1,000 investment into a multi-million dollar enterprise. It takes execution skills – venture management, entrepreneurial creativity, entrepreneurial leadership, financial management, effective marketing – and luck, of course! – to grow a home business to the point where it's ready to take public. Business should be driven by fun, but it is not a game for amateurs! "Ideas are a dime a dozen; only execution skills count," say your venture capital investors.

Below is a road map that will help you convert your ideas into a high-growth business.

Topics related to "High-growth Start-up Business"

Gain sharing

High-growth companies use equity, phantom stock and royalties as a way of sharing the wealth generated by new technologies. Instead of actually giving people stock in the company, you give them a promise to pay them a cash bonus at some future point equal to a certain percentage of the company's equity.