Founder of Practice Makes Perfect
Karim Abouelnaga is the founder of
Practice Makes Perfect, a nonprofit that works to narrow the achievement gap by providing low-income students with mentorship and resources that are beyond the reach of their inner-city public schools.
One of the toughest balances to achieve within an organization is between building a culture that gives people space while maintaining an environment of accountability.
By adapting these mindsets, founders can help scale their business into a successful venture.
Running a lean company in the beginning may require some corners to be cut.
Knowing that the biggest and most important decision you can make is hiring the right people means that all CEOs should be prioritizing their time to make the right hires.
Starting a business requires thoughtful reflection. The more time you put up front into evaluating an opportunity, the greater your odds of success will be.
Make More Happen
Starting a business is tough. Starting a business while in a relationship is ever harder.
If you're not getting value from your interns at this point in the summer, it is not too late.
Before you jump head first into the world of nonprofits, make sure you are ready and that type of structure fits into your overall mission
Often entrepreneurs, leaders and experts are asked to moderate panels for their industry. Here is how to keep it engaging, instead of a snooze fest.
As an entrepreneur, there will be times when you have a few options for the next step but don't know which choice you should make.
You need to acknowledge mistakes, take ownership of them and then ask how you can move forward together as a team.
No's can have large setbacks on your business if you let them get the best of you. Instead, reflect on these pushbacks and iterate.
Ready To Launch
While entrepreneurship can be challenging, it can also be extremely rewarding. For our series The Grind, a founder discusses why he is happy he chose to launch a startup – and why he'd do it all over again.
For a close-knit team it is imperative everyone is on the page. If not, your startup could go into a tailspin.
When starting a business, often it is just you running the show. Shifting from a 'solo entrepreneur' to a founder with a team can be challenging. Here are a few tips to make the process easier.
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© 2016 Entrepreneur Media, Inc.