Startup Professionals Musings

JULY 30, 2022

Perhaps sparked by the recent pandemic, I’m seeing a new era of the entrepreneur, with startups springing up all around. Based on my own mentoring and investing experience, the best entrepreneurs are pragmatic problem solvers. Problems will occur in every startup, simply because you are stepping into uncharted territory.

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Startup Mentor Entrepreneur Technical Review 135

Startup Professionals Musings

MAY 3, 2015

Every entrepreneur can learn from a mentor, no matter how confident or successful they have been to date. Most people don’t know that billionaire Mark Zuckerberg , for example, gives real credit to the inspiring mentorship of Steve Jobs for Mark’s Facebook success. Yet most entrepreneurs simply don’t know how to work with a mentor.

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Mentor Startup Summary Satisfaction 105

Startup Professionals Musings

APRIL 7, 2019

Image via Flickr by World Economic Forum As a long-time mentor and advisor to new business owners, I can attest to both the need for mentoring, and the satisfaction that comes from watching an aspiring but tentative entrepreneur grow into someone capable of changing the world. Face-to-face mentoring generates more inspiration.

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Mentor Satisfaction Summary Entrepreneur 88

Startup Professionals Musings

AUGUST 23, 2021

Unfortunately, these goals are often mutually exclusive, and focusing on the wrong ones won’t bring you that business success and satisfaction you crave. Timing is critical for every startup. Of course, if you wait for the perfect time, you may never start. Should I start out alone, or assemble a team first?

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Startup Satisfaction Entrepreneur Equity 159

Startup Professionals Musings

APRIL 4, 2020

If you are seriously looking to start the next billion-dollar startup, you need to get beyond the realm of enhancing a current solution. Rather than starting from a mindset of pushing the limits of technology, be determined to first find a customer need that can only be solved by the technology you know.

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Startup Professionals Musings

MAY 31, 2023

These haven’t changed much over the years, but still seem to be often overlooked by business professionals and leaders in their haste to keep up with peers, competitors, and customers in today’s volatile environment. The reality is that starting a business, as well is working an existing business, has always required perseverance.

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Startup Professionals Musings

NOVEMBER 20, 2017

Every entrepreneur can learn from a mentor, no matter how confident or successful they have been to date. Most people don’t know that billionaire Mark Zuckerberg , for example, gives real credit to the inspiring mentorship of Steve Jobs for Mark’s Facebook success. Yet most entrepreneurs simply don’t know how to work with a mentor.

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Mentor Startup Summary Satisfaction 60

Startup Professionals Musings

FEBRUARY 24, 2020

One of the most stressful and unanticipated challenges that comes with starting a new business is hiring and managing employees. While this approach appears to cost more on the surface, it often actually costs you less, when you consider the hidden costs of rework, poor customer satisfaction, employee management, and training required.

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Startup Professionals Musings

DECEMBER 10, 2022

In my own experience as a startup advisor and mentor, I find that entrepreneurs who can’t attract and maintain a highly motivated team rarely even get off the ground. Thus if you want to change the world with your new business, you need to follow the example of startups like Zappos , which hires according to cultural fit first.

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Startup Professionals Musings

APRIL 3, 2017

As a long-time mentor and advisor to new business owners, I can attest to both the need for mentoring, and the satisfaction that comes from watching an aspiring but tentative entrepreneur grow into someone capable of changing the world. Building relationships, and finding ways for a win-win, is what mentoring is about.

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Mentor Entrepreneur Satisfaction Summary 73

Startup Professionals Musings

NOVEMBER 25, 2022

After many years working in business and investing in startups, I’m convinced that the primary reason for new business and career failures is NOT a lack of skill or money, but people giving up too quickly on their dreams and goals. Thomas Edison is a classic example. Don’t let anyone kill your dreams and passion.

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Startup Satisfaction Summary Coach 122

Startup Professionals Musings

JANUARY 6, 2021

For example, Mark McClain, cofounder and CEO of SailPoint Technologies , created an employee growth culture resulting in growth of forty percent a year, with more than $100 million in revenues. Utilize outside expertise and mentoring. Your long-term success and satisfaction depends on it.

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Technical Review Technical Advisors Startup Mentor 160

Startup Professionals Musings

SEPTEMBER 9, 2020

In my own business career, many years as a business advisor, and mentor to aspiring entrepreneurs, I have validated the following strategies to practice and guide you. Each of these will help you in achieving success and satisfaction while tackling your toughest business issues: Stop attacking symptoms – dig first for the root cause.

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Startup Professionals Musings

JUNE 30, 2021

By definition, all of you entrepreneurs are leaders, by taking the initiative to start a new company. Yet I have learned over the years as a startup advisor that all business leaders are not the same. For example, a couple of years ago, Starbucks' CEO Kevin R. The time to get started is now.

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Startup Professionals Musings

FEBRUARY 3, 2021

As a long-time mentor to new entrepreneurs and business owners, I have noticed that many no longer associate more fulfillment and satisfaction with more money, power, and success. Before you start your business, think hard about your vision for fulfillment, and write it down. Mentor others to share what you have learned.

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Startup Professionals Musings

SEPTEMBER 25, 2022

In fact, I have found from personal experience and mentoring that both of these are necessary, but not sufficient, for building a business. Great leaders learn to listen actively to conversations, so people don’t hold up progress just to be understood. Disruptive office politics start to show.

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Training Coach Startup Entrepreneur 142

Startup Professionals Musings

NOVEMBER 22, 2017

Perhaps sparked by the now forgotten recession, I’m seeing a new era of the entrepreneur, with startups springing up all around. Based on my own mentoring and investing experience, the best entrepreneurs are pragmatic problem solvers. Problems will occur in every startup, simply because you are stepping into uncharted territory.

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Satisfaction Marketing Mentor Entrepreneur 53

Startup Professionals Musings

JULY 11, 2020

As a mentor to aspiring entrepreneurs, I’m always surprised by the fact that some never seem to be able to that first startup going, while many others never seem to stop, starting their second or third initiative before the first one is fully hatched. You can’t win a race that you never start.

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Entrepreneur Startup Ideas Software Review 131

Startup Professionals Musings

AUGUST 30, 2023

Listen to your team, mentors, and customers to recognize real successes and failures, and surround yourself with people who can fill in the gaps. You can't control government spending, for example, or global politics. Make your mantra one of job satisfaction and delivering customer value, rather than avoiding failure today.

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Mentor Startup Coach Satisfaction 104

Startup Professionals Musings

FEBRUARY 12, 2021

It seems they are both looking for more personal satisfaction and sense of purpose for their efforts. Even the simplest of new technologies, such as Zoom for remote meetings, can be a detriment to work satisfaction if workers are not trained on how to use it effectively, causing video and sound problems, as well as background distractions.

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Tips Satisfaction Coach Mentor 159

Startup Professionals Musings

OCTOBER 13, 2023

Yet I find in my mentoring practice that more and more team members prefer the human-centered approach and respond with more engagement and commitment. I’ve found that you can best start by asking for another perspective, whether of yourself or a team member. You need both to create better outcomes and increase job satisfaction.

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Case Study Study Startup Examples 112

Startup Professionals Musings

DECEMBER 3, 2022

It’s been happening for some time, but business changes, accelerated by the recent pandemic, have highlighted the need for all of us to review our positions, image, and satisfaction at work. Ramp up face-to-face time with key contacts. Seek expert mentors and always evaluate feedback. Do I need new skills?” Don’t be too humble.

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Social Media Summary Startup Mentor 125

Startup Professionals Musings

NOVEMBER 1, 2021

Accept the fact that change is normal, and is probably the reason you saw an opportunity to start your business in the first place. For example, all the restaurants I know were impacted by diners staying at home during the pandemic. Seek input from the team, as well as mentors. Don’t become the victim you fear with no control.

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Mentor Satisfaction Customer Custom 127

Startup Professionals Musings

SEPTEMBER 15, 2023

Whether you are a business professional in a big company, or an entrepreneur with a startup, innovation is a key strategy. Many people believe that new ideas are the critical element of innovation, but in my experience as a mentor and investor, long-term business success is more about implementation than ideas.

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Artificial Inteligence Ideas Satisfaction Customer 114

Startup Professionals Musings

MAY 14, 2022

For example, non-computer types should consider delegating their social media, website, and SEO activities. It always starts with trust. Set a definite task completion date and a follow-up system. In this way you can check up on progress before the final deadline, without fuzzy questions like “How are you doing?”

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Startup SEO Social Media Satisfaction 121

Startup Professionals Musings

NOVEMBER 11, 2022

After years mentoring young aspiring entrepreneurs , I am now convinced that getting along and becoming more productive with other people is a skill that any professional can learn, or accomplish via a dedicated strategy. For example, recognize that the affinity bias is the unconscious tendency to favor people who are like us.

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Startup Examples Satisfaction Mentor 114

Startup Professionals Musings

DECEMBER 23, 2022

In my experience as a mentor and advisor, I find that many of you expect these relationships will just happen , without any overt effort on your part. For example, as an entrepreneur, you need investors, so you need to start networking early, because they won’t find you. Nothing could be further from the truth.

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Product Mentor Startup Activity 102

Startup Professionals Musings

MARCH 11, 2020

In my own experience as a startup advisor and mentor, I find that entrepreneurs who can’t attract and maintain a highly motivated team rarely even get off the ground. Thus if you want to change the world with your new business, you need to follow the example of startups like Zappos , which hires according to cultural fit first.

Product 129

Product Examples Mentor Activity 129

Startup Professionals Musings

DECEMBER 9, 2022

One of the attributes that I often recommend to the business professionals and entrepreneurs I mentor is to always be totally accountable for your actions and ideas. In any business, accountability ideally starts at the top. In any business, accountability ideally starts at the top. Communicate ongoing needs and changes early.

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Activity Organization Mentor Training 109

Startup Professionals Musings

AUGUST 11, 2021

Most of you aspiring entrepreneurs probably have long searched for that special idea that will catapult you and your startup to success. For example, most people thought Twitter was a total snoozer, when Jack Dorsey was looking for funding, especially with MySpace already owning that territory.

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Entrepreneur Ideas Examples Satisfaction 171

Startup Professionals Musings

AUGUST 16, 2021

In some cases it may be fear of retribution by the boss, but more often they just hate to disappoint others, and end up instead with high stress and low credibility in a crisis to deliver. Be sure to follow-up as promised, to maintain your credibility. Clearly decline without using the word no. Skip the “maybes” or “I’ll try.”

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Startup Tool Coach Satisfaction 172

Startup Professionals Musings

DECEMBER 21, 2019

In fact, I have found from personal experience and mentoring that both of these are necessary, but not sufficient, for building a business. Great leaders learn to listen actively to conversations, so people don’t hold up progress just to be understood. Disruptive office politics start to show.

Training 123

Training Coach Startup Entrepreneur 123

Startup Professionals Musings

AUGUST 15, 2015

In fact, I have found from personal experience and mentoring that both of these are necessary, but not sufficient, for building a business. Great leaders learn to listen actively to conversations, so people don’t hold up progress just to be understood. Disruptive office politics start to show.

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Startup Training Coach Entrepreneur 103

Startup Professionals Musings

AUGUST 1, 2022

In my experience as an advisor and mentor to entrepreneurs in business, one of the biggest failures I see is a lack of self-leadership. Leadership in business starts with making good personal choices. For example, I often hear from aspiring entrepreneurs that “I had that idea first, and he stole it, and is now making money on my idea.”

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Capital Coach Satisfaction Ideas 114

Startup Professionals Musings

NOVEMBER 23, 2022

The result is fewer and fewer new ideas are volunteered by prospective leaders and key team members, and the business suffers from poor customer satisfaction or loss of market share. Your challenge is to show examples of forward-thinking companies that are ahead by doing things differently.

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Ideas Netflix Resource Customer 116

Startup Professionals Musings

APRIL 28, 2021

Almost every entrepreneur and new business owner I mentor is certain that his/her idea has a very high probability of success, and all find it hard to believe that ninety percent of startups ultimately fail. For example, I believe Bill Gates would have failed without his partners Steve Ballmer and Paul Allen.

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Technical Review Case Study Mentor Software Review 131

Startup Professionals Musings

FEBRUARY 9, 2022

For example, Jeff Bezos of Amazon always finds time for his " divinely discontented " customers, as an opportunity, rather than an irritant. As a result, Amazon has ranked as #1 for customer satisfaction for many years in a row and has grown accordingly. You can’t find the time for coaching and mentoring.

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