Is it just you behind a desk or are you delegating the work? The distinction is an important one.
If your product's unique aspects aren't defensible against a competitor's copy, it's time to fold your tent and go home.
Important points include minimising the departing staffer's embarrassment – and keeping an eye on his or her actual departure.
Are you taking out a second mortgage to sustain your struggling company? Uh-oh.
It's great to grow to the point where you're just managing managers, but that's not always feasible.
Entrepreneurs often talk about getting their businesses to the next level. What does that mean?
Not every customer is ideal. Some are so bad, they can make us wonder why we decided to start our business.