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8 Personal Objectives That Should Drive A New Startup

Startup Professionals Musings

As a business advisor, I meet many business professionals and aspiring entrepreneurs who are anxious to be their own boss , or have an innovative idea to start or acquire a new business. Also, initiating a startup is quite different from taking over a thriving business, where the focus is on repeatable processes and quarterly profits.

Startup 94
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5 Pitfalls to Avoid When Transforming Your Business

Startup Professionals Musings

No matter how well your business seems to have worked for you up to this point, you can be certain that it will need to be heavily transformed for tomorrow’s new world-wide economy and no industry sector boundaries. Don’t let your ego or stubbornness drive you to give up too soon on your transformation efforts.

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5 Keys To Leadership While Working With Remote Teams

Startup Professionals Musings

Start with ‘How are you?’ Trust is hard because it requires giving up control and being honest with ourselves, and with every team member. Leave it up to team members and leaders to decide what schedule works best for them. Make sure you know what is really happening, through metrics and feedback from others.

Startup 113
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6 Key Steps To Transform Business Dreams Into Success

Startup Professionals Musings

Many of you business professionals I meet in my business consulting and mentoring roles seem very determined to advance their career, or even start their own business. Most people find that the act of committing something to paper forces them to face the reality of getting started and measuring progress.

Startup 100
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10 Keys To Success Despite Accelerated Market Change

Startup Professionals Musings

Most experts agree that the pace of business change is increasing , and all the business owners I know are struggling to keep up, much less surpass the wealth of global competitors now entering the market. Use test marketing to identify changes before scale-up. Put operational systems and metrics in place early.

Marketing 116
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6 Keys To Predicting The Performance Of Your Business

Startup Professionals Musings

We all have our favorite metric and our passion, but keeping up with real-world changes and trends seems to be always just out of reach. In my experience, all business metrics are still used too often for people management and accountability, rather than business management.

Metrics 81
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8 Tasks To Prepare You For Starting Your Own Business

Startup Professionals Musings

Of course, starting and running your own business comes with financial and personal risks, so I always recommend that you do your homework first, and follow some tried and proven strategies to improve your odds of success. These days, you can’t start and run a business alone. Define key metrics to measure progress and success.