Today, our CEO Jeb Ory was featured on Bootstrapping in America featuring Tony and Tom from Tastytrade. The interview covers: What 5Degrees is Where the origins of the idea came from What makes 5Degrees unique Why Tony from Tastytrade thinks about spending $25 million rolling out SAP with the previous business several years ago…and why 5Degrees could have saved them $24.99M since their SAP investment   Check out the YouTube Interview: 5Degrees Interview on Bootstrapping in America

It often takes a combination of business knowledge and legal savvy to get a new business off the ground. Today’s post by Julianna Davies expands on startup advice previously provided on the 5Degrees Blog to bring readers specific information about regulatory changes that may be needed to advance future entrepreneurial ventures. Julianna is a regular contributor to a digest that has recently analyzed 2012′s best MBA programs on the web, which entrepreneurs may find useful if they’re looking for the networking opportunities provided by an MBA degree. COMPLICATICATED TAx CODES ARE NOT ENTREPRENEURS FRIENDS The current economy is a rough [...]

  5Degrees Lean Startup Report Lean Startup Summary http://theleanstartup.com/   The following is a organized summary of the Lean Startup methodology, presented in a sequence of paragraphs. The concepts here are taken from the book directly, but they also have additional perspective added to help illustrate how the concepts relate to our particular situation.   The Lean Startup book teaches a valuable lesson: by asking and answering “why” five times, we can get to the real cause of a problem, which is often hidden behind more obvious symptoms. (page 231) Make proportional investments. An investment in prevention should be smaller [...]

  5Degrees Lean Startup Report Lean Startup Summary http://theleanstartup.com/   The following is an organized summary of the Lean Startup methodology, presented in a sequence of paragraphs. The concepts here are taken from the book directly, but they also have additional perspective added to help illustrate how the concepts relate to our particular situation. The more product design and development is performed in large batches (chunks), the more likely it becomes that interruptions and mid-batch rework problems will prevent the product from being built the way it is designed. Too many steps exist in a single section for problems to [...]

  5Degrees Lean Startup Report Lean Startup Summary http://theleanstartup.com/   The following is a randomly organized summary of the Lean Startup methodology, presented in a sequence of paragraphs. The concepts here are taken from the book directly, but they also have additional perspective added to help illustrate how the concepts relate to our particular situation.   People don’t like to hear that their pet project is a failure. In these cases, we are tempted to blame the messenger, the manager, or challenge the validity of the data. This is a key reason why experiment results must be hypothesized beforehand and [...]