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8 Indications Of A Real Entrepreneur Versus A Hacker

Startup Professionals Musings

I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but using no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business. Show that you have a process to hire, fire, and train others as required.

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8 Signs Of A New Business Initiative And Not A Hobby

Startup Professionals Musings

I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but using no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business. Show that you have a process to hire, fire, and train others as required.

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10 Ways Owners Often Jeopardize Their Business Growth

Startup Professionals Musings

In the interests of helping you work smarter and last longer, I would like to offer my top ten list of key resource drains to avoid in early businesses and startups, based on my years of advising entrepreneurs and my own business experience: Expanding your product line too quickly for scaling. People with the wrong tools or no training.

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8 Processes Define A Business Rather Than A Hobby

Startup Professionals Musings

I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business. Typically some production and delivery is outsourced, requiring formal contracts and documentation.

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Don’t Let Investors Conclude Your Startup Is A Hobby

Startup Professionals Musings

I’m continually amazed at the number of entrepreneurs who go for months into a new business without really keeping a formal record of money spent or assets acquired. Even if you are doing the work yourself, you need to document requirements, features, metrics, and milestones. entrepreneur funding hobby investors startup'

Startup 107
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How To Take Your Idea From A Hobby To A Business

Startup Professionals Musings

I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business. Typically some production and delivery is outsourced, requiring formal contracts and documentation.

Ideas 62
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7 Good Entrepreneurial Habits That Turn Bad

Startup Professionals Musings

Good entrepreneurs are all about managing change, but too many forget that they have to change themselves as their dream evolves from a startup to a scalable business. When the business starts to scale, you need documented processes and people with the right skills and training who can do the right work without you.