Venture capitalist Fred Wilson is well known in tech circles for his regular blogging and free advice. He’s just wrapped up his “MBA Mondays” series, and it’s full of good advice for those looking to start their own business, tech or otherwise.
Wilson basically covers all the questions that an investor, a consultant or an accountant would ask a business owner to answer in founding and running their company. It’s an overview of the kind of courses they teach in basic accounting or business courses at university, but written with a far less stern and academic tone. In The Balance Sheet, for example, Wilson explains the most important items on a balance sheet and how the numbers fit together, even running some quick numbers on Google’s balance sheet. Less maths-y topics, like forecasting and marketing, are also covered.
Wilson’s MBA Mondays is a good read for anyone thinking about, or in the process of, breaking free and starting their own firm, no matter what the product or service. Got another great read or resource? Link it up in the comments.
MBA Mondays [A VC]