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6 Startup Lessons Learned By Passionate Entrepreneurs

Startup Professionals Musings

Over my many years of mentoring aspiring entrepreneurs and business professionals, I often hear a desire to start a new business, with a big hesitation while waiting for that perfect idea and perfect alignment of the stars. So don’t wait for that “idea of the century” that no one has ever thought of before.

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8 Ways Entrepreneurs Keep Ahead Of Business Change

Startup Professionals Musings

Some get stuck in a rut and get run over by competitors with new technology, like Eastman Kodak, and others get pushed into a crisis, like Apple did, before they reinvent themselves into a new market. Here are the key recommendations from both of us, based on my own business mentoring insights: Re-launch using your enhanced core competency.

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Interview with Mike Napoli, Tech Coast Angels

socalTECH

Investors are very focused on diligence, on business models that make sense, and those companies that have a definite competitive advantage and defensibility to what they're doing. The ideas and people seeking money are out there in quantity. Mike Napoli: We've revised the way we review companies at the prescreening stage.

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7 Ways To Elevate Your Team Connection And Leadership

Startup Professionals Musings

Entrepreneurs need to be effective team leaders, since no one can transform an idea into a product and a business without some help. Unfortunately many founders I work with as a mentor are experts on the technical side, but have no insight into leading a team. Have monthly reviews with each team member.

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10 Tips On Self-Promotion To Solidify Your Leadership

Startup Professionals Musings

During my many years of mentoring professionals and entrepreneurs in business, I more often see people focusing on how to get their ideas heard , than how to promote themselves. I’m convinced that great results are better than great ideas, and a great perception of you as a person is better than both ideas and results.

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6 Ways To Improve Your Odds Of New Business Success

Startup Professionals Musings

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. Bill Gates was the technical genius, but Steve Ballmer, from Procter & Gamble, ran the business side of the equation.

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How to make a business partnership a success

Berkonomics

community in many ways, including his weekly Internet TV program on entrepreneurism, and participation in several mentoring programs. . Access to new technologies. Perform preliminary due diligence: Review the business plan including marketing, sales strategies and financial needs.