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Build On-Demand Teams Instead of Hiring Employees

Startup Professionals Musings

With the pace of change ever escalating, entrepreneurs today can’t afford to acquire talent through traditional hiring alone, and need to revise the perception that “talent” is only full-time employees. According to an Intuit study , that number is quickly rising and will approach 40 percent by 2020. It’s here to stay.

Demand 99
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8 Steps To Assembling The Most Talented Startup Team

Startup Professionals Musings

With the pace of change ever escalating, entrepreneurs today can’t afford to acquire talent through traditional hiring alone, and need to revise the perception that “talent” is only full-time employees. According to an Intuit study , that number is quickly rising and will approach 40 percent by 2020. It’s here to stay.

Demand 92
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7 Ways For Businesses To Work Less And Enjoy It More

Startup Professionals Musings

As a new business advisor, I hear facts all the time about how hard an entrepreneur is working, but often have a hard time getting them to quantify results. Even you as the entrepreneur, who may not be getting paid at all, are tricked into thinking that if you had more hours, you could get better results.

Metrics 124
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6 Benefits of Outsourcing and Freelancing In Startups

Startup Professionals Musings

Many entrepreneurs I have mentored make big mistakes in this area, by hiring low-cost friends and family, with minimal skills or training, and expecting them to have the same work ethic , passion, and business knowledge as the founder. According to a recent MIT study , the true costs of employees are typically in the 1.25

Outsource 123
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6 Today Strategies For Creating The Next Killer Brand

Startup Professionals Musings

According to studies , the alternative of acquiring new customers still costs you five to seven times more than retaining existing ones. Yet, as a business advisor, every entrepreneur I meet assumes that they are destined to become the next killer brand in their space, like Tesla is to all-electric vehicles, and Apple is to smart phones.

Customer 136
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Interview with Skyler Lucci, HeyTutor

socalTECH

There's lots of noise in the on-demand tutoring space, especially connecting people virtually, however, in my experience, it's in the best interest of consumers to get in-person, local tutoring. In terms of where we offer to our customers, we have 250 different areas, from early childhood to studying for an MCAT or the bar.

Startup 113
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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

As an advisor to new hardware entrepreneurs, I often hear the myth that a business plan is no longer required to find an investor, if your idea is good enough. What you don’t realize is these famous investors only deal with entrepreneurs who sold their last company for a $100M dollars or more.

Product 169