For entrepreneurs, the first step in starting a business is building on the solid foundation of a great idea. Something that solves a problem or satisfies a need that was not catered for previously.

Market research statistics indicate that more than 300 million startups are launched globally each year. Of that amount, only about 10% manage to become successful businesses. Startups in the digital ...

Opinions expressed by Entrepreneur contributors are their own. I have a problem with what’s called the “lean startup.” I like to think I use it as much as I can, and even that I was using that method ...