Taking the leap of faith with your own ideas to create a successful business is not an easy task for anyone. This makes success in the first few steps that much more important. At NEXT Studios we have adopted the LEAN Canvas as the straightforward and consistent way to enable […]
The New Engine of Intentionality in the World Of Startups and Innovation Venture studios provide an innovative approach to funding startups and are creating a big impact. This model of funding entrepreneurs and big ideas continues to grow and evolve. We’re looking at what exactly a venture studio is and […]
A venture studio, also known as a startup studio or startup foundry, is a company that builds other companies. In exchange for the investment of time, effort, and funding, venture studio companies receive equity in the startups they launch. If the idea of giving a venture studio equity causes you […]
We get it. Entrepreneurship is hard. It takes a lot of dedication and planning to get your startup up and running, and it takes even more work to maintain a successful business model. Truthfully, many people get it wrong by failing to prepare properly in the beginning stages of creating […]
The venture studio model has emerged as a valuable resource for startup founders in recent years. 84% of startups accelerated through a venture studio go on to raise a seed round, and 72% of those will also raise a Series A round. Compare this to the 42% of traditionally-founded startups […]
Have you ever watched a successful business owner and asked yourself, “how do I get an idea for a startup?” Getting a startup idea can happen as a moment of inspiration, or from slow reflection on a problem. A startup idea may come from frustration. Or, from seeing technology and […]
Startups fail for a lot of reasons. In fact, according to CB Insights, there are 12 common reasons they fail. While the number one is a lack of capital or fundraising, a whopping 35% of those that fail do so because there’s no market need. 20% of those that fail […]
Being your own boss, calling all the shots, and hustling to hit your goals is the ultimate career goal for many people. But as awesome as being an entrepreneur sounds, it’s also incredibly difficult. How difficult?
So you want to be your own boss, but you’re not sure how to get there. We wish there were a straightforward set of entrepreneur education requirements that work for every single person. Instead, what each entrepreneur needs to learn depends on things like their goals, skills, and available resources.
Entrepreneurship education helps people develop the skills and attributes required to realize opportunity. It’s not the same thing as the school of hard knocks—or at least, it doesn’t have to be.