Remove 2023 Remove Competition Remove Mentor Remove Startup
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6 Keys To Competitive Advantage By Memorable Service

Startup Professionals Musings

In this context, even “satisfied” is only a “meets-minimum,” and does not put you ahead of your competition. Feedback from the field shows that a successful collaboration , whether with customers, employees, vendors, or other business partners, will make your company stronger and more competitive in the marketplace.

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8 Personal Objectives That Should Drive A New Startup

Startup Professionals Musings

As a business advisor, I meet many business professionals and aspiring entrepreneurs who are anxious to be their own boss , or have an innovative idea to start or acquire a new business. Also, initiating a startup is quite different from taking over a thriving business, where the focus is on repeatable processes and quarterly profits.

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Praying to the God of Valuation

Both Sides of the Table

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? What happened? There was no money train.

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How To Identify New Venture Assistance Organizations

Startup Professionals Musings

One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. Most of these are non-profits, set up by a university to commercialize new technologies, or a municipality to foster business development for the local economy.

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5 Recipes For A Team Culture To Drive Business Growth

Startup Professionals Musings

I’m sure you can imagine how much that impacts any business or startup’s ability to react to changing customer needs and growth opportunities, no matter how insightful their leaders. Listen to everyone's input, encourage people to speak up, and repeat back what you have heard. Facilitate coaching and mentoring, inside and outside.

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8 Keys To Maximizing Your Business Networking Results

Startup Professionals Musings

For example, if you are an entrepreneur seeking investment or a cofounder, there is no substitute for networking at industry and startup conferences in your area. People who show fear or trepidation find it hard to get the respect and trust they need to hold up their side of any relationship. I recommend treating all people as equals.

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8 Ways Different Team Members See Efforts To Innovate

Startup Professionals Musings

Every business organization, large or small, has a variety of individual and team member types that factor into your ability to innovate and change the business to meet evolving customer needs and competition. As a result, these people often end up disheartened. Coach: force for stability and mentoring.

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