Startup Professionals Musings

SEPTEMBER 15, 2023

Whether you are a business professional in a big company, or an entrepreneur with a startup, innovation is a key strategy. Many people believe that new ideas are the critical element of innovation, but in my experience as a mentor and investor, long-term business success is more about implementation than ideas.

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Artificial Inteligence Ideas Satisfaction Customer 114

Startup Professionals Musings

JANUARY 2, 2019

Most of you aspiring entrepreneurs have no idea how dramatically your own role has to evolve as you develop a solution, start a business, and expect it to scale into a successful self-managed company. For example, I knew Bill Gates back in the early startup days of Microsoft. Lead and mentor team members to run all business areas.

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Company Companies Technical Review Startup 99

Startup Professionals Musings

AUGUST 23, 2021

Unfortunately, these goals are often mutually exclusive, and focusing on the wrong ones won’t bring you that business success and satisfaction you crave. For example, TOMS shoes agreed to donate a pair of shoes to the needy for every pair sold. His Virgin Group now encompasses over 400 companies, and his legacy as a leader is assured.

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Startup Satisfaction Entrepreneur Equity 159

Startup Professionals Musings

FEBRUARY 9, 2022

For example, Jeff Bezos of Amazon always finds time for his " divinely discontented " customers, as an opportunity, rather than an irritant. As a result, Amazon has ranked as #1 for customer satisfaction for many years in a row and has grown accordingly. You can’t find the time for coaching and mentoring.

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Startup Professionals Musings

MARCH 11, 2020

In my own experience as a startup advisor and mentor, I find that entrepreneurs who can’t attract and maintain a highly motivated team rarely even get off the ground. Thus if you want to change the world with your new business, you need to follow the example of startups like Zappos , which hires according to cultural fit first.

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Product Examples Mentor Activity 129

Startup Professionals Musings

JUNE 30, 2021

By definition, all of you entrepreneurs are leaders, by taking the initiative to start a new company. For example, a couple of years ago, Starbucks' CEO Kevin R. Johnson accepted full company accountability on Twitter for a racial profiling incident at a Starbucks in Philadelphia. The time to get started is now.

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Startup Professionals Musings

SEPTEMBER 25, 2022

In fact, I have found from personal experience and mentoring that both of these are necessary, but not sufficient, for building a business. Top team members rarely quit the company. Examples of exemplary companies practicing this model include Starbucks Coffee and the Whole Foods. Difficulties retaining key employees.

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Training Coach Startup Entrepreneur 142

Startup Professionals Musings

NOVEMBER 25, 2022

Thomas Edison is a classic example. He went on to start many successful companies, including General Electric. You will learn to recognize that some friends and colleagues are always downers, and get their satisfaction from snuffing out your aspirations through negative thinking. Don’t let anyone kill your dreams and passion.

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Startup Satisfaction Summary Coach 122

Startup Professionals Musings

JANUARY 6, 2021

For example, Mark McClain, cofounder and CEO of SailPoint Technologies , created an employee growth culture resulting in growth of forty percent a year, with more than $100 million in revenues. The company has since gone public, and is still a market leader. Utilize outside expertise and mentoring.

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Startup Professionals Musings

DECEMBER 3, 2022

It’s been happening for some time, but business changes, accelerated by the recent pandemic, have highlighted the need for all of us to review our positions, image, and satisfaction at work. These now provide better quality, better paying, and more exciting jobs than big companies. Seek expert mentors and always evaluate feedback.

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Social Media Summary Startup Mentor 125

Startup Professionals Musings

APRIL 8, 2019

Unfortunately, work and satisfaction have become an oxymoron in many businesses. I found many more helpful suggestions in a new book, “ The Culture Question ,” by Randy Grieser, Eric Stutzman, Wendy Loewen, and Michael Labun, who have spent years providing leadership and professional development training to companies around the world.

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Tips Satisfaction Training Mentor 96

Startup Professionals Musings

APRIL 16, 2022

Yet I find, as a mentor and outside consultant, that many of you focus only on working conditions and compensation as the key factors determining team engagement , health, and productivity. In business, this is all about the company values and purpose that give meaning and direction to your team. Occupational satisfaction.

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Technical Review Mentor Social Media Customer 141

Startup Professionals Musings

APRIL 6, 2022

These authors have enjoyed leadership positions in big companies, as well as small, and distill their advice from interviews with dozens of business owners of all sizes around the country. But the more you get involved with mentoring and training, the less time you have to enjoy the creative process.

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Satisfaction Training Customer Custom 92

Tech.Co

DECEMBER 4, 2020

It’s with profound sadness we mourn the loss of a true visionary, author, mentor, thought-leader, investor, and friend, Tony Hsieh. has a history with Tony, as he became an investor in the company in 2013, and built a lasting friendship with us as the Tech.co Readers may be interested to know that Tech.co co-founders.

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Commerce Statistics Customer Custom 206

Startup Professionals Musings

DECEMBER 16, 2022

One of the dysfunctions I often see in my coaching and mentoring work with small businesses is team member burnout. It is no secret that the recent pandemic has exacerbated this problem as companies lost more and more of their employees due to illness, economic contraction, and voluntary resignations.

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Startup Professionals Musings

MAY 14, 2022

For example, non-computer types should consider delegating their social media, website, and SEO activities. It will inspire loyalty, provide real satisfaction for work done, and become the basis for mentoring and performance reviews. Delegate what you can’t do, and what doesn’t interest you. Pick the best person to delegate to.

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Startup SEO Social Media Satisfaction 121

Startup Professionals Musings

MAY 3, 2019

Image via Pixabay I’ve always been a bit confused about the difference in a business context between a coach and a mentor. According to many pundits , a mentor shows you the right way based on experience, while a coach brings out the best in you, then let’s you find your own way. Give people the room to debate differences.

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Coach Mentor Examples Satisfaction 87

Startup Professionals Musings

SEPTEMBER 10, 2023

Practicing these will ensure greater productivity, less stress, more job satisfaction, and an improved overall sense of well-being. I concur, based on my own extended career in business and mentoring entrepreneurs.

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Email Activity Product Social Media 96

Startup Professionals Musings

NOVEMBER 23, 2022

The result is fewer and fewer new ideas are volunteered by prospective leaders and key team members, and the business suffers from poor customer satisfaction or loss of market share. Your challenge is to show examples of forward-thinking companies that are ahead by doing things differently.

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Ideas Netflix Resource Customer 116

Startup Professionals Musings

SEPTEMBER 19, 2018

For example, we all know people who really believe that everyone in the world is their supporter, when in fact many are actively working against them. In my role as a mentor to business professionals and entrepreneurs over the years, I have found that it’s important to take a hard look at the relationships around you on a regular basis.

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Tips Mentor Coach Activity 95

Startup Professionals Musings

JANUARY 18, 2023

With pervasive access to social media, customers no longer differentiate poor product repair and replacement from a poor shopping experience or customer usage satisfaction. In reality, many companies now offer a “ clicks and bricks ” business model, with shopping online, and then completing the purchase and support at a physical location.

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Competition Services Customer Custom 109

Startup Professionals Musings

FEBRUARY 24, 2020

Many entrepreneurs I have mentored make big mistakes in this area, by hiring low-cost friends and family, with minimal skills or training, and expecting them to have the same work ethic , passion, and business knowledge as the founder. Customers won’t know that vendors are not employees of your company.

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Startup Professionals Musings

FEBRUARY 19, 2020

In my business of mentoring new entrepreneurs and advising small company owners, I recognize that most don’t start as experienced leaders, and most don’t realize that people leadership is a primary key to their future success. Building a business is not a one-person job, and leading by edict rarely works today.

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Develop Development Technical Advisors Satisfaction 124

Startup Professionals Musings

DECEMBER 25, 2020

Practicing these will ensure greater productivity, less stress, more job satisfaction, and an improved overall sense of well-being. I concur, based on my own extended career in business and mentoring entrepreneurs.

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Email Activity Social Media Coach 170

Startup Professionals Musings

JULY 11, 2020

As a mentor to aspiring entrepreneurs, I’m always surprised by the fact that some never seem to be able to that first startup going, while many others never seem to stop, starting their second or third initiative before the first one is fully hatched. The best way to start is to enable employee decision making on customer satisfaction issues.

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Entrepreneur Startup Ideas Software Review 131

Startup Professionals Musings

DECEMBER 21, 2019

In fact, I have found from personal experience and mentoring that both of these are necessary, but not sufficient, for building a business. Top team members rarely quit the company. Examples of exemplary companies practicing this model include Starbucks Coffee and the Whole Foods. Difficulties retaining key employees.

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Training Coach Startup Entrepreneur 123

Startup Professionals Musings

OCTOBER 6, 2021

For example, no one should be convinced that Elon Musk is following someone else’s lead as he charges ahead with Tesla, SpaceX, and other initiatives. Every person and every company needs a set of core values. The more you use your new-found leadership ability, the greater will be your satisfaction and confidence.

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Entrepreneur Course Satisfaction Guide 132

Startup Professionals Musings

DECEMBER 27, 2019

As a mentor to entrepreneurs, I often get asked for the magic that has made Amazon the world's most valuable brand , from a total unknown only twenty years ago. For example, when delivery costs and delays were still a major online sales hurdle, Amazon Prime membership was invented to offer free next day shipping.

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Marketing Technical Review Customer Custom 123

Startup Professionals Musings

JULY 15, 2020

There are also many more stories of companies that pivoted too late. Increase you focus on coaching, training, and mentoring. Every founder has a story about the pivot that made their business, such as Starbucks switching to selling coffee from expresso makers, and Flickr from an online game to photo sharing.

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Metrics Entrepreneur Coach Satisfaction 140

Startup Professionals Musings

OCTOBER 27, 2017

She presents a convincing array of real examples that we have all seen, and offers the following reality principles for business leaders and professionals who want to turn this trend around in their environment: Always give others the benefit of the doubt – assume noble intent. Develop accountability through coaching and mentoring.

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Satisfaction Coach Mentor Training 55

Startup Professionals Musings

AUGUST 18, 2019

For example, non-computer types should consider delegating their social media, website, and SEO activities. It will inspire loyalty, provide real satisfaction for work done, and become the basis for mentoring and performance reviews. Delegate what you can’t do, and what doesn’t interest you. Pick the best person to delegate to.

Startup 96

Startup SEO Social Media Satisfaction 96

Startup Professionals Musings

JULY 1, 2016

In my own experience as a startup advisor and mentor, I find that entrepreneurs who can’t attract and maintain a highly motivated team rarely even get off the ground. Thus if you want to change the world with your new business, you need to follow the example of startups like Zappos , which hires according to cultural fit first.

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Startup Examples Mentor Activity 58

Startup Professionals Musings

APRIL 1, 2019

For example, Howard Schultz was not the founder of Starbucks, but started his career in one of their first 60 shops. Get out of dead-end jobs, and don’t be afraid to move on to a new company if the current one is not healthy. Conversely, the best owners are those who relate to the positions of their employees.

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Technical Advisors Startup Satisfaction Customer 75

Startup Professionals Musings

SEPTEMBER 5, 2018

For example, Elon Musk, while being a highly respected and successful entrepreneur for years, still readily admits to regular 100-hour work weeks, no social life, and sleeping under his desk all too often in the Tesla factory. Only then can you start to adjust your time and your company to let it run without your constant involvement.

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Resource Examples Design Entrepreneur 60

Startup Professionals Musings

JULY 13, 2018

For example, according to recent research from Bain & Company , Apple, Netflix, Google, and Dell employees are 40 percent more productive than the average, even though they are no smarter or more experienced. They need your mentoring, tools, and historical data to be a top performer.

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Technical Review Startup Training Netflix 51

Startup Professionals Musings

JULY 3, 2015

As an advisor and mentor to startups, I try to make sure entrepreneurs understand both the pros and cons of an IPO as an exit strategy. Facebook, for example, ended up raising almost $16 billion through its IPO. Private companies are largely exempt from these reporting requirements. Doubling or more of overhead expenses.

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Entrepreneur Startup Report Statistics 98

Startup Professionals Musings

AUGUST 15, 2015

In fact, I have found from personal experience and mentoring that both of these are necessary, but not sufficient, for building a business. Top team members rarely quit the company. Examples of exemplary companies practicing this model include Starbucks Coffee and the Whole Foods. Difficulties retaining key employees.

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Startup Training Coach Entrepreneur 103