In the final episode of the series, we will talk about why entrepreneurs don't scale and the lean startup approach. A big part of it involves being nimble enough to make changes as your product develops (or not being stuck on one particular vision of the company), and failing fast through short, inexpensive development cycles. Think minimum viable product! We end by touching on an alternative, growing method to fund your enterprise: crowdfunding. In a few words, crowdfunding means raising...

In this episode, we talk about effectuation or de-risking your enterprise. We also talk about understanding your business model, the way in which your business creates and delivers value. The components of your business model should fit well together, and it should provide a clear snapshot of how your business' gears work. Finally, we give you a couple of presentation tips to make your pitches succinct and convincing, and some things that VC firms will look for that will make you stand...

In the first episode of the series, we describe what entrepreneurship is. We start with the entrepreneurial mindset to understand what sets entrepreneurs apart from normal people. We then dive into the origin of ideas and cover the four stages of the entrepreneurial process. In general, you'll start with an idea, and move on to validating that idea to make sure it's scalable, repeatable, and profitable. Most likely than not, your product will change throughout the validation process, but you...