Remove 2020 Remove Entrepreneur Remove Mentor Remove Metrics
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10 Traits Demonstrate Entrepreneur Character Strength

Startup Professionals Musings

As I was watching the investor show, Shark Tank , on TV the other night, I was struck by how quickly and how extensively the sharks focused on the background and character of the entrepreneurs, compared to time spent evaluating their products. Shares views and learns from a personal mentor.

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5 Startup Challenges That Derail Many Entrepreneurs

Startup Professionals Musings

As a mentor to entrepreneurs, I tend to see many of the same obstacles appearing in every new startup, and since I don’t want to appear to be a downer , I’m not sure how to properly warn people ahead of time to be on the alert for these challenges. Don’t hide in your office. A principal player bows out or does not deliver.

Startup 131
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5 Ways To Build Startup Resilience And Avoid Failure

Startup Professionals Musings

One of the characteristics that every good investor looks for in an aspiring entrepreneur is resilience , or the ability to learn from and bounce back after a failure. With startups, almost every entrepreneur I know has failed at least once, often several times, but never gave up, and ultimately achieved their goal.

Startup 173
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9 Stages to Building a Robust And Rewarding Business

Startup Professionals Musings

Many of the entrepreneurs like you that I have met in my role as a business advisor are really product creators versus business creators, convinced that a great product will generate a great business. Entrepreneurs are typically focused on the big picture – creating a vision, purpose, and a long-term strategy.

Metrics 140
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7 Strategies To Solve Your Business Problems Faster

Startup Professionals Musings

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. Make sure that you implement a metric with each solution, to prevent the issue from recurring, and check for side effects and follow-on side effects.

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5 Steps To Get You From Your First Idea To A Business

Startup Professionals Musings

That’s why I caution my aspiring entrepreneur clients against proclaiming to investors that they are a great “idea” person. Create a written plan, with target milestones and metrics. Marty Zwilling First published on Inc.com on 02/17/2020. A full plan may be no more than 20 pages.

Ideas 126
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10 Strategies For Success Long-Term As Well As Today

Startup Professionals Musings

Although his focus is naturally on bigger companies, I contend that his recommended strategies apply equally well to entrepreneurs and startups: Demand a mindset of deep thinking for the long term. Marty Zwilling First published on Inc.com on 07/23/2020. Cote, former Chairman and CEO of Honeywell.