by Doug Stevenson Bowdoinham Maine | Jun 24, 2025 | Doug Stevenson Bowdoinham Maine, Entrepreneurship
The First Hire Is More Than Just HelpHiring your first employee is a major milestone for any founder. It’s exciting to go from a solo operation to having a team, but it’s also where many early-stage businesses make costly mistakes. The first hire is not just someone...
by Doug Stevenson Bowdoinham Maine | Jun 24, 2025 | Doug Stevenson Bowdoinham Maine, Entrepreneurship
The Myth of the Revolutionary IdeaMany people believe that successful startups are born from revolutionary, never-before-seen ideas. In reality, most thriving businesses didn’t start with a completely original concept. Instead, they found better ways to solve existing...
by Doug Stevenson Bowdoinham Maine | May 26, 2025 | Doug Stevenson Bowdoinham, Doug Stevenson Bowdoinham Maine, Entrepreneurship
One of the first major decisions entrepreneurs face is how to finance their startup. Should you bootstrap and fund the business with your own resources, or seek outside capital through fundraising? Both approaches have clear advantages and potential pitfalls, and the...
by Doug Stevenson Bowdoinham Maine | May 26, 2025 | Doug Stevenson Bowdoinham Maine, Entrepreneurship
Failure is often treated like the end of the road in business—but for many successful entrepreneurs, it’s just the beginning of a smarter, more resilient business model. A failed product, a lost customer, or a collapsed startup might feel devastating in the moment,...
by Doug Stevenson Bowdoinham Maine | Apr 24, 2025 | Doug Stevenson Bowdoinham Maine, Entrepreneurship
Building a business from scratch demands drive, resilience, and long hours. But too often, that drive turns into overdrive, and entrepreneurs find themselves stuck in an unsustainable cycle. Burnout isn’t just fatigue—it’s a state of emotional, physical, and mental...
by Doug Stevenson Bowdoinham Maine | Apr 24, 2025 | Doug Stevenson Bowdoinham, Doug Stevenson Bowdoinham Maine, Entrepreneurship
In the fast-paced world of startups, failure is often seen as a dirty word—something to avoid at all costs. But for successful entrepreneurs, failure isn’t a dead end; it’s a necessary step in the journey toward innovation and growth. The “fail fast, learn faster”...