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Many startups seem to be powered solely by excitement over the new business (occasionally mixed with some Red Bull and Starbucks). Startup founders typically devote every waking moment to their companies, and probably even dream about it too. But while pure passion can propel entrepreneurs 24/7 for a while, eventually even the most committed startup teams need to learn to manage their time.

There’s a lot of money in poor people. KPMG reports that America’s 88 million consumers who are “unbanked” (no bank account) or “underbanked” (no credit) earn $1.3 trillion a year. At least one venture capital firm is out to make money helping them out.

Sometimes running a startup is like watching a soap opera on TV. Even if your new company has only a few employees, their pesonal melodramas can be amplified by long hours in close quarters. And that can be especially true for younger workers.

When it comes to financing a brand-new startup, most founders find themselves stuck between the proverbial rock and hard place. While some lucky startups attract angel investors or have access to money from friends and family, the vast majority are on their own, at least at first. That’s why it’s so tempting to use credit cards to jumpstart your business. Entrepreneurs who’ve maxed out their cards warn that while it may be necessary, it can also be dangerous.

How do you build the next billion-dollar company? Easy. Think of a basic human need and put it online.

Why does founding a startup sometimes feel like the loneliest journey on the planet? Yes, you may be surrounded by family and friends who want to support you emotionally, but do they really understand what you’re going through?

The answer: Find yourself a mentor.

Venture capitalists have been getting a black eye to go with their blue shirts. A recent report from the Kauffman Foundation slammed VCs for “shortchanging” investors, pointing out that public markets deliver better returns. The next day, Fred Wilson, general partner at Union Square Ventures and prominent VC blogger, suggested that a flood of crowdfunding money unleashed by the JOBS Act could sweep away venture capitalists altogether.

It could happen.

Startup entrepreneurs live, eat and breathe their companies. Catching a quick catnap under your desk counts as a good night's sleep. But how do you get the same level of commitment from mere employees?

Typically, the answer has been to award them significant chunks of the company in the form of stock and options. It’s not just greed. Sharing equity in your business early on can lead to complex problems as your company grows. Luckily, there are ways to motivate workers without giving away the store.

On LinkedIn's blog today is a post about the top 10 most sought-after engineering startups in Silicon Valley. And no, Facebook and Google didn't make the cut because this was a list of companies with fewer than 500 employees. (Pinterest was number 6.) To compile the list, the company looked at nearly a quarter million engineer profiles on its service and tracked where they were searching for jobs.

Outsourcing is pretty much de rigueur for modern startups looking to conserve capital. But making outsourcing work for your startup isn’t always easy. One of the first steps is figuring out where to outsource.

There are a lot of choices. The first major decision is geographical. Should you outsource locally, nationally or internationally?