article thumbnail

7 Personal Decisions That Delineate Your Best Startup

Startup Professionals Musings

Unfortunately, these goals are often mutually exclusive, and focusing on the wrong ones won’t bring you that business success and satisfaction you crave. Yet, I find that most of us don’t have the financials for that option, so we must share the equity, control, and reward, and rely on funding from family, friends, and professional investors.

Startup 159
article thumbnail

7 Advantages That Local Small Business Owners Enjoy

Startup Professionals Musings

It seems that most of you entrepreneurs I meet in my role as business advisor are convinced that starting a new business requires equity investors, exponential growth, and a plan to go public via IPO. Most lifestyle business owners are proud to be recognized as leaders in the local business, education, and civic organizations.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Baby Boomers Fit In The Realm Of Entrepreneurship

Startup Professionals Musings

In fact, they are well-qualified overall, having worked with high technology and computers for at least 20 years, are highly educated, and highly motivated. They want to share your satisfaction in success, maybe as a reward for their own mistakes and learning earlier in life in their own businesses. Member of the Advisory Board.

article thumbnail

10 Sharing Principles Propel Many Current Businesses

Startup Professionals Musings

Offer equity in future projects to people outside your business. Bring focus on your core competencies and expertise by educating and helping others, who can then return the favor by helping you or buying from you. If you are at the funding stage, try the new crowd-funding platforms or micro-capital investments.

article thumbnail

6 Ways A Business Can Lead With ‘We’ Rather Than ‘Me’

Startup Professionals Musings

Make sure your hiring practices include diversity, inclusion, and equity. If you haven’t changed for several years the way you do common processes, like customer satisfaction surveys, lead generation, and marketing, it’s time to look at the new remote apps and social media platforms for more effective and relevant alternatives.

Examples 128
article thumbnail

Startups Are Not Just The Realm Of Young Generations

Startup Professionals Musings

In fact, they are well-qualified overall, having worked with high technology and computers for at least 20 years, are highly educated, and highly motivated. They want to share your satisfaction in success, maybe as a reward for their own mistakes and learning earlier in life in their own businesses. Member of the Advisory Board.

Startup 124
article thumbnail

10 Incentives For Entrepreneurs To Bootstrap Their Startup

Startup Professionals Musings

Even a small investor in the early days will take a large equity percentage, due to that pesky valuation challenge. That takes more money and time to set up, and more people to re-train and re-educate when forced to redirect your strategy. Yet we all apply pressure to ourselves to do these things to our own satisfaction.

Startup 110