startup culture Archives

The 4 Elements Necessary for Building Innovative Teams

In order to gain traction, earn revenue and turn a brand into a sustainable business, entrepreneurs must innovate. And in order to understand how to build innovative teams, it is important to first understand what...

byMichael S Melfi

September 27, 2022

Turning Passion into a Career: Entrepreneur Shares Lessons Learned

Unlike most entrepreneurs, my main goal as a young adult was not to eventually start a business – it was to go to the Olympics. I spent years competitively swimming. I had perfected the techniques...

byJenny McCuiston

September 22, 2022

Urbanum’s Brigid Beaubien: An Eclectic Approach to Home Goods

Urbanum, with its creatively decorated windows and sophisticated black and gold color scheme, sits in a busy, revitalized strip in the New Center neighborhood of Detroit. For gifts and decor, this spot can't be beat...

byStartupNation

September 6, 2022

5 Founders Share the One Piece of Advice They Wish They Knew Before Launching a Business

Becoming an entrepreneur comes with its fair share of unknowns. Taking the leap alone is a daunting feat. Along the way, there will be plenty of lessons learned and aha moments; some of which you...

byStartupNation

August 29, 2022

Why Entrepreneurs Are Made, Not Born

You either have it or you don’t. How many times have you heard that? Or, a business owner saying, “I was born to be an entrepreneur.” But in business and life, things are rarely that...

byChristan Hiscock

August 15, 2022

The Stealth Mode Startup: What We Learned, What We’d Change and Why We Succeeded, Part 2

At Lumos, we raised $30 million in funding in 18 months. No one knew until they knew–and they all found out on launch day. The best part? Our launch was successful. In Part 1, we...

byAndrej Safundzic

July 27, 2022

From Stealth Mode to Success: Launching an Under-the-Radar Startup, Part 1

At Lumos, we raised $30 million in funding over a period of 18 months. And we didn’t say a word. In Part 1 of this two-part series, we’ll talk about why we didn’t rush to...

byAndrej Safundzic

July 26, 2022

How to Choose the Right Business Partner for Your Startup

Successfully taking a seed of an idea, turning it into a product or service, and forming a full-fledged company is based on a series of critical decisions. Who you choose to go on that ride...

byJohn Meadows

July 25, 2022

How to Support Startup Employee Wellness from Day 1

When startups put the wellness of their employees at the forefront of their business, they obtain fascinating results. Employees' work ethics are unmatched when they feel valued, prioritized and supported. Their productivity skyrockets compared to...

byApril Miller

July 21, 2022

How To Be Among the 1 Percent of Startups That Succeed

When you launch a startup, the odds are stacked against you. Statistics show that your chances of making it beyond the first year are only 1 in 10 regardless of your industry. So, how do...

byJT Ripton

July 20, 2022

Entrepreneur Randal Charlton on How to Succeed as an Early-Stage Startup

On this episode of "Inside Michigan Business," guest host John Gallagher talks with British-born entrepreneur Randal Charlton, the man who turned TechTown into a crucial part of the startup ecosystem in metro Detroit. Tune in...

byInside Michigan Business

July 13, 2022

Overcoming Obstacles and Lessons Learned on My Way to Building a Dating Empire

Growing up in the late '70s and '80s, the word entrepreneur was not in my vocabulary (or most people’s!). And don’t faint, but there were no books about how to write a business plan or...

byAndrea McGinty

July 13, 2022

The Role of Culture in a Remote Work Setting

Having an almost entirely remote workforce is a relatively new concept for many business owners. People worked remotely before the pandemic, but COVID-19 lockdowns certainly introduced many more to the idea. Working from home is...

byApril Miller

July 6, 2022

How To Create a Phenomenal Company Culture

If you want to create a thriving, successful company, you must focus on creating a distinctive company culture. Industry professional Mark Stiffler knows this means setting the tone from the top and establishing values and...

byMark Stiffler

July 6, 2022

From Dreaming to Doing: How to Create an Innovation Culture in Startups

Editor of the Harvard Business Review, Theodore Levitt, rightly said: “Creativity is thinking up new things. Innovation is doing new things.” The goal of any startup is to think up new ideas and get them...

byAlan Cabello

July 1, 2022

Reporter Nick Manes on Detroit’s Heralded Startup Ecosystem

Crain's Detroit Business finance and technology reporter Nick Manes unpacks the exciting announcement that Detroit is the No. 1 startup ecosystem in the world along with worries tied to startup funding on this episode of...

byInside Michigan Business

July 1, 2022

Common Small Business Challenges and How to Solve Them

Owning a small business is a dream for many. The freedom, creativity and potential for growth it brings are all desirable factors. However, running a small business comes with as many challenges as it does...

byRapid Finance

June 23, 2022

WJR Business Beat: Marquette Is a Michigan Tech and Startup Hub (Episode 426)

On today's Business Beat, Jeff talks with Joe Thiel of Innovate Marquette, who explains why Marquette, Michigan, is a hot spot in the tech and startup scene. Tune in below to learn more about Innovate...

byStartupNation

June 16, 2022

Using a Startup Mindset to Benefit a Legacy Business

When you think of innovation and dynamism in the business world, what comes to mind first? Maybe it’s a young company that’s growing at hyper speed. Maybe it’s a charismatic young founder who’s using technology...

byShannon Stephenson

June 2, 2022

WJR Business Beat: Startup Founders’ Biggest Concern? Funding (Episode 416)

On today’s Business Beat, Jeff shares worrying news that a pullback in capital investment is impacting startup spending plans and growth. Tune in below for details: Tune in to News/Talk 760 AM WJR...

byStartupNation

May 31, 2022