Associate Professor of Entrepreneurship
at Spears School of Business at Oklahoma State University
Per Bylund, PhD, is associate professor of entrepreneurship and Johnny D Pope Chair and Records-Johnston professor in the School of Entrepreneurship at Oklahoma State University. His areas of research are entrepreneurship, management and economic organization. He is author and editor of six books.
Employment is like any other aspect of business. People are looking to trade their skills and resources to a company that can offer them meaningful compensation.
Entrepreneurs rarely make smooth transitions into managerial roles as their startups mature. Utilize these four strategies to successfully make that leap.
Some entrepreneurs try to replicate the magic of today's blockbuster companies. They shouldn't: Those companies are built on an extremely shaky business model, or no model at all.
The middle class is withering away and financing is difficult to secure. But that doesn't mean entrepreneurs should abandon their dreams and stick to safer routes.
As customers start rolling in, your company needs leadership and a strategy to stake out the road ahead. In short, it no longer needs a founder; it needs a manager.