Remove 2020 Remove Mentor Remove Metrics Remove Startup
article thumbnail

5 Ways To Build Startup Resilience And Avoid Failure

Startup Professionals Musings

You don’t have to have previous startup problems to show resilience – everyone should have a story of tackling a tough challenge with minimal success, but using the failure to move on and achieve an objective. Evan Williams , for example, before cofounding Twitter, started a podcasting platform named Odeo.

Startup 173
article thumbnail

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. Funding is depleted before customer sales ramp up.

Startup 131
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Keys To An Effective Startup Communications Mindset

Startup Professionals Musings

As a mentor to entrepreneurs over the years, I see many of you who don’t communicate enough, others who seem to do all the talking, and some that are hesitant to be direct and open. You as the leader have a responsibility to define goals, strategy, and operational metrics. Marty Zwilling First published on Inc.com on 04/28/2020.

Startup 124
article thumbnail

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. Of course, this all has to start with you having the confidence and conviction that there is at least one solution to every problem, and that you can find it.

article thumbnail

10 Traits Demonstrate Entrepreneur Character Strength

Startup Professionals Musings

Based on my own years of experience in big business, startups, and the investor community, here are the key habits and traits that each of us needs to continually improve to be perceived by peers and others as leaders and innovators in business here and consistently around the world: Be aggressive in aspirations but prudent in execution.

article thumbnail

9 Stages to Building a Robust And Rewarding Business

Startup Professionals Musings

In the spirit of helping you avoid some of our own learning experiences with startups, I will paraphrase here the nine key stages that he and I both see most businesses going through in their evolution from a startup to a successful and stable entity: You can’t sustain a business without positive cash flow.

Metrics 140
article thumbnail

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. In my experience, even in startups, longer-term strategy often gets pushed off the agenda due to current challenges.