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5 Steps To Get You From Your First Idea To A Business

Startup Professionals Musings

One thing I have learned the hard way in business is that implementing new ideas is usually much more difficult than conceiving the idea in the first place. That’s why I caution my aspiring entrepreneur clients against proclaiming to investors that they are a great “idea” person. For example, I have a friend with a Ph.D.

Ideas 126
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7 Keys To Teaming With The Right Mentor For Success

Startup Professionals Musings

Why is it that only the most successful entrepreneurs , including Mark Zuckerberg, Bill Gates, and Richard Branson, admit to having a mentor and actually use them? Obviously, I’m a big fan of business mentors based on my own experience, since I have been at different times on both the contributing and receiving end of the relationship.

Mentor 95
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7 Keys To Keeping Your Business Agile And Competitive

Startup Professionals Musings

New blood and new ideas are keys to agility. That means making sure you are utilizing coaching and mentoring, as well as training to keep up with changes in technology and the marketplace. Adopt some key metrics to measure your change agility. Reseed teams with new leaders and rotation.

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Praying to the God of Valuation

Both Sides of the Table

I have often thought that creative endeavors where one has a quick turn-around between idea and realization of one’s work as one of the more fulfilling experiences in life. And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics.

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10 Signals That You Can Be A Trusted Business Leader

Startup Professionals Musings

Unfortunately, many aspiring leaders I mentor are not aware of the signals people are looking for, or are not attuned to the subtleties of their own actions. Define metrics to measure what you want to achieve. Respectful conflict surfaces and refines new ideas. Show humility while acting as a mentor and coach.

Mentor 98
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Developing Leadership Skills: What You Need to Know

Startup Professionals Musings

Investors I know highlight this problem with the mantra that they fund founders and teams who can execute, rather than ones who just talk about their great ideas. After many years of working in and starting businesses, I’m convinced that implementing new business ideas is much more difficult than coming up with the ideas.

Develop 103
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Entrepreneurs Need To Bridge The Knowing-Doing Gap

Startup Professionals Musings

Investors I know highlight this problem with the mantra that they fund founders and teams who can execute, rather than ones who just talk about their great ideas. After many years of working in and starting businesses, I’m convinced that implementing new business ideas is much more difficult than coming up with the ideas.