The Top 6 Mistakes of Committed Young Entrepreneurs

Michael Simmons (via Dan Marques):

In my opinion, the first two mistakes that students can make with entrepreneurship are:

1. Not getting started
2. Not keeping with it

However, what happens once you get past these? Over the years, I’ve met hundreds of committed young entrepreneur, and I’ve noticed six recurring mistakes. Below you will find my advice on how to avoid these.

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Superhacker and Phoneboy

Adam Rifkin:

Every person has strengths and weaknesses. The appeal of a partnership — even if the team is just a pair of people doing what they can to leverage the power of two — is a matching so well-suited that the pair’s strengths are more powerful than those of either individual, thereby reducing the effects of each individual’s foibles. Whereas finding a romantic partner is such a regular occurrence in our society that people couple all the time, finding a business partner who is truly complementary and thoroughly communicative and unquestionably trustworthy is a much more elusive achievement.

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Wanted: Nominations for My Own Damn Top Blogger List

Peter Caputa:

Been talking to some pubsub-ers (ie people that work at pubsub) about creating Pete Caputa’s list of Under-the-Radar Entrepreneurs that Blog. I get to start the list with 35-40 bloggers. It’ll look something like this (explained here).

So, who should be on the list? Feel free to nominate yourself. I have about 20 that I want to add to it. I am hoping that you all have another 20 to add yourself.

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Measure & Track For Successful Implementation

Greg Balanko-Dickson (via Mary Sullivan):

The secret to successful planning is to implement the plan then measure success. You do this by tracking actual results vs. planned outcomes which creates accountability. A plan without measurable milestones will be prone to failure. Measurable milestones are also key indicators that can be used to determine whether or not you are making progress on your plan.

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