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6 Benefits of Outsourcing and Freelancing In Startups

Startup Professionals Musings

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. A solution I often recommend, as least in early growth, is the use of outsourcing for critical tasks.

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8 Ways To Stay Competitive In Today’s Technical World

Startup Professionals Musings

Technology is so key to every business these days that experienced business-smart but non-tech entrepreneurs are feeling deeper and deeper in the hole. Only one component of running a business is managing technology, but it is a critical component, so no entrepreneur can afford to ignore it or totally delegate it.

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7 Business Mistakes Serial Entrepreneurs Never Make (Twice)

InfoChachkie

As an entrepreneur, I helped create companies which achieved two IPOs and two trade sales totaling $385 million. Hopefully this article and the accompanying six-minute video will help you avoid learning these mission-critical lessons the hard way. Eleanor Roosevelt – US Diplomat & Wife of President Franklin Roosevelt.

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6 Key Leaders Every Technical Startup Needs To Thrive

Startup Professionals Musings

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. The industry veteran.

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Looking At Startups By The Rules Of Natural Selection

Startup Professionals Musings

The bad news is that it’s still a jungle fight for survival for entrepreneurs of all ages and demographics, with over 80 percent not having access to bank loans or venture capital. I support being socially and environmentally conscious, but you can’t help anyone else if you don’t eat. If you want to survive. If you want to be feared.

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7 Secrets To Bank Equity Funding Without Collateral

Startup Professionals Musings

Many entrepreneurs are convinced that banks are not worth the effort for startups, especially early-stage ones that still don’t have a revenue stream, or collateral to back up their financing needs. The short answer is that some banks will help, if you do your homework. Be concise as well as complete. A winning product or service.

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Entrepreneurs Need To Understand Survival Basics

Startup Professionals Musings

It’s a jungle fight for survival out there for aspiring entrepreneurs of all ages and demographics. I support being socially and environmentally conscious, but you can’t help anyone else if you don’t eat. Every startup needs a sustainable competitive advantage. Treasure – Most entrepreneurs assume that treasure means funding.