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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. Know yourself and find help to fill in the gaps. Start today building a bigger network.

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How Baby Boomers Fit In The Realm Of Entrepreneurship

Startup Professionals Musings

Boomer investors are much more likely to get in the game with a high focus on mentoring and give-back, as well as the financial return potential. 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. Supportive co-founder and executive positions.

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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. Growing too fast kills many new ventures, due to staffing costs, inventory, and funding delays.

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Startups Are Not Just The Realm Of Young Generations

Startup Professionals Musings

Boomer investors are much more likely to get in the game with a high focus on mentoring and give-back, as well as the financial return potential. 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. Supportive co-founder and executive positions.

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5 Keys to Moving From Entrepreneur Thinking To Action

Startup Professionals Musings

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. The best way to start is to enable employee decision making on customer satisfaction issues.

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A Startup Advisory Board Dream Team is Priceless

Startup Professionals Musings

For example, if your startup is building a high-tech software product, a dream team of advisors would be a former CEO or high-level exec in another software company, a former software marketing executive, and a former financial executive.

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6 Ways To Help Others At Work And Still Save Yourself

Startup Professionals Musings

For example, as a software executive, I once had a talented engineer working for me who was always helping others, to the extent that he consistently missed his own project deadlines, and was ruining his health through lack of sleep. Offer one-minute mentoring up front, and stick to it. It’s time to stop jeopardizing your own future.

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