Here’s the latest from VentureBeat’s Entrepreneur Corner:

5 milestones to reach before raising venture capital – Many entrepreneurs assume once they’ve got an idea, the next thing to do is raise venture capital. That’s naïve, says Mike McDerment, the co-founder and CEO of FreshBooks. Here are the five signs you’re actually ready.

3 drivers of growth for your business model. Choose one. – Every startup needs to “pick a major” among three drivers of growth. It’s simply too hard to focus on more than one, says Eric Ries, the creator of the Lean Startup entrepreneurship methodology. Here, he runs down the options.

Should entrepreneurs be more like teenage girls? – A new study finds depression may be linked to how willing someone is to give up his [or her] goals. That applies to the start-up world as well, says Jeff Bussgang, General Partner at Flybridge Capital Partners. Entrepreneurs who can embrace change are much more likely to succeed.

25 social media sites for entrepreneurs – Late to the social networking party? Here’s a list of both basic and entrepreneur-centric sites to help you expand your online presence.

Is social media worth your marketing dollars? – Start-ups have been inundated with the message that they must immediately jump into social networking or suffer the consequences – but it’s not for everyone. Here are some things to keep in mind.

Too much funding can be toxic for start-ups – Being cash rich isn’t always the best move for your company, according to  Mike Maples of Maples Investments.

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