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In my role as advisor and mentor to many new entrepreneurs, I often find myself suggesting that they think bigger. In the startup world, even the best-laid plans are probably wrong, so there is a need to be able to launch fast, have metrics in place to measure progress, learn from real customer feedback, and pivot as required.
As a mentor, my mission is to recommend actions that can strengthen your image with investors and peers, as well as help you get the startup job done. Define and use real metrics to measure progress. Marty Zwilling First published on Inc.com on 03/05/2021. In fact, these same attributes also bound your leadership skills.
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. Marty Zwilling First published on Inc.com on 04/15/2021.
And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics. And the valuation party lasted until November 9th, 2021. We wanted new things to exist and to solve new problems and to see our creations come to life.
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