article thumbnail

9 Mindset Indicators of a High Potential Entrepreneur

Startup Professionals Musings

In my role as mentor to business professionals, I often get the question about your potential of going out on your own as an entrepreneur, versus your current role of working for a boss at an established company. Fear of failure or significant risk has stymied many aspiring entrepreneurs, or ruined their health.

article thumbnail

6 Mistakes Often Made By Entrepreneurs Due To Passion

Startup Professionals Musings

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. With the success of Facebook and Twitter, I still see new social media startups almost every day, with most destined to fail. A smart entrepreneur learns to embrace failure as a badge of learning that provides a competitive edge.

Insiders

Sign Up for our Newsletter

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

article thumbnail

6 Lessons Most Entrepreneurs Only Learn On The Street

Startup Professionals Musings

In my role as a mentor to aspiring entrepreneurs, I find that most have the technical challenges well understood, but many are a bit short on some basic street smarts , or basic business realities. Start with a range of platforms, including social media, advertising, and a great website.

article thumbnail

We Need Entrepreneurs Who Think Like Revolutionaries

Startup Professionals Musings

The realm of an entrepreneur is all about change, but in my experience as a mentor to business founders, I hear too much about incremental change, and not enough about revolutionary change. Today every small business can look big, via a modern website, visibility on social media, and taking an active role in popular causes.

article thumbnail

Warner Media Camp Graduates Second Class

socalTECH

It might look a little like Demo Day for Warner Media Camp , the startup incubator program being run out of Los Angeles by Turner/Warner Bros. at the intersection of technology and media. According to Warner Media Camp, all of the startups went through mentoring from Turner/Warner Bros. READ MORE>>.

Media 124
article thumbnail

Why You Should Enlist a Business Mentor, Or Be One

Startup Professionals Musings

In my experience working with startups, the best approach these days is to find and use a good mentor (been there, done that). Of course, mentoring is not new – it’s been the favored way to learn arts and crafts since way back in the middle ages. But I assert that mentoring in business is making a comeback.

Mentor 61
article thumbnail

How To Mentor Millennials Into Business Leadership

Startup Professionals Musings

As a partially-retired baby-boomer in business, I’ve spent much of the last few years mentoring aspiring millennial entrepreneurs, and I’m always looking for more insights into how to help them. Business leaders and mentors must highlight their own focus on positive leadership actions, instead of defensive reactions.

Mentor 60