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How Smart Entrepreneurs Don’t Hesitate To Seek Help

Startup Professionals Musings

While starting a new business always involves tackling many new challenges, I’ve personally found myself reluctant to ask for help. Thus, in my consulting with entrepreneurs, I always encourage them to get more comfortable asking for help. Of course, there are good ways and bad ways to ask for help.

Help 123
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7 Reasons Why Every Business Leader Needs A Mentor

Startup Professionals Musings

Of course, nothing beats learning from your mistakes , but that’s a painful and very time-consuming journey. Building and running a business is not rocket science, but it does require making practical tradeoffs, building solid relationships, and taking smart risks, all of which a one-on-one mentor can help you with.

Mentor 159
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6 Suggestions For How To Begin Your Startup Lifestyle

Startup Professionals Musings

It takes more than passion and a course on business basics. Help entrepreneurs with constant learning. Business advisors need to be ready to help at every stage, and I see it beginning to happen. I want to tell them to just start anywhere, but I realize that most have no idea where anywhere is.

Startup 108
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7 Startup Costs That You Assume With Outside Funding

Startup Professionals Musings

Of course, this can be positive if you really need the help and experience in making key decisions. Pivoting early brings satisfaction and saves money and time, except when you don’t pivot due to investor evidence required, and the pain of explaining your mistakes. Investors want board seats and a vote on key decisions.

Funding 107
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5 Startup Funding Models That Depend On The Consumer

Startup Professionals Musings

The crowd gets the satisfaction of helping, with minimal risk, and no expectation of any high return. Of course, there are thousands of other companies that don’t achieve their minimum goal, requiring all contributions to be returned. Product pre-order model. Donation good-cause model. Interest on debt model.

Funding 141
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Why You Need Help Rather Than Helpers In A Startup

Startup Professionals Musings

Even worse, when they figure out that they really need help, the first place they look is for an intern or untrained helpers. Of course, the right ones cost may you equity, but a small percentage of a big business is worth far more to you than a large chunk of nothing. It’s your success and satisfaction that’s really at stake.

Help 66
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8 Key Human-Centered Leadership Elements In Business

Startup Professionals Musings

I agree with her eight key attributes of a head and heart leader, which I paraphrase here, in hopes of challenging your own thinking, In addition, I am providing some of my own practical insights to inspire and help you become the type of business leader I sense the world needs today: Lead with curiosity as a team role model.