Don't fear what is out there. Exploring the unknown builds the entrepreneurial spirit. Find out if you have what it takes. Let us help you get there.

Nearly three out of four businesses are no longer in operation after two years. Finding ways to adapt as the business expands to conquer new challenges is critical to success. The right partner shouldn't abandon you in a moment of crisis. There are already enough naysayers out there. Rather than succumbing to disappointment, evaluate what they liked or didn't like and make adjustments to your path accordingly.

Building a company from the bottom up is challenging both emotionally and financially. Finding the right team will bring your company to new heights and provide the support you need.

One of the biggest reasons small businesses fail is because the entrepreneur loses focus. Without an actively engaged leader, your team loses motivation and structure, which in turn leads to bad service, poor product and ultimately customer churn. Finding the right balance of staying focused while remaining flexible to adapt to changing market conditions is key. There are no shortcuts.

Standing out means being different. Setting up a support system of those who understand and appreciate your uniqueness can save you a lot of headaches down the road. Determine how you will fund the business. Potential sources include small business loans, personal savings, friends and family, or financial incubators and/or angel investors. Ideally you want to have enough in the bank to move your product from concept to launch (typically for 12-18 months).

Develop an idea and test the plausibility. Identify your market, assess the costs, create a budget, evaluate the right legal structure, and layout a course-of-action. A solid plan will guide you going forward.