Some 41 years after the Beatles introduced With a Little Help From My Friends, the concept still applies to new entrepreneurs, perhaps more now than ever. The increase in competition and the higher startup costs have made opening a business a worrisome task even for the most confident industrialist.With so many facets to running a business--including sales, marketing, technology and protecting your physical and intellectual properties--having the right people in your corner can be a tremendous asset, providing both emotional support and business know-how. Unfortunately, many new entrepreneurs go it alone, without that emotional backing from friends or family.
"Getting this business off the ground was the most frustrating and lonely period of my life," says Paul McGrath, founder and owner of RideSpring, an online company providing carpool matching and scheduling, plus incentive programs for environmentally friendly commuting.Content Continues Below
Read More
