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6 Keys To Selecting The Right Business Future For You

Startup Professionals Musings

Check out local sources for coaching and assistance. Don’t be shy about networking for advisors with business experience for coaching and mentoring. Sources should include local startup incubators, blog owners, and government support organizations, such as SCORE. The ability to pivot quickly is a key to success.

Startup 114
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5 Steps To Get You From Your First Idea To A Business

Startup Professionals Musings

Then, he'll need to patent it and create a plan to show opportunity, competition, and financial projections. I find the best business plans are not books, but may actually should start as a one-page “elevator pitch” that succinctly encompasses your business goals, problems and solution, opportunity, competition, and business model.

Ideas 126
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The Importance of Teams and Why the Best Leaders Cultivate Them

Both Sides of the Table

Increasingly I find myself engaging executive coaches at companies an trying to help executive teams get 360 degree feedback. The best leaders I know encourage coaches to come in and are willing to listen to feedback about themselves. In fact, I’d observe that most board meetings don’t on this important topic.

Coach 150
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The Importance of Realism in Startups

Both Sides of the Table

I made many classic first-time mistakes which serves both as my warning signal of which teams to avoid funding (if I perceive they will make critical mistakes often led by hubris) and also as my source for coaching others. It’s why I believe startup coaches are so important and I wish I know more great ones. There is less ego.

Startup 412
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The Perils of Founder Fighting

Both Sides of the Table

But I would posit that in order to sustainably build great products in an intensely competitive industry with skills shortages – people management is one of the most critical soft skills organizations need. Anybody who follows this blog knows that my mom was the most influential person on my entrepreneurial career.

Startup 340
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Every Small Business Should Celebrate the Positives

Startup Professionals Musings

Beat the competition. Competition drives innovation, and innovation drives competition. Often times, you will find yourself working with people who "don''t know the ropes" and require extensive coaching and assistance. The cycle never stops. Hiring and firing decisions are hard, and that’s just the beginning.

Startup 92
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Embrace Losing – It Will Make You Stronger

Both Sides of the Table

I believe that it is part of the DNA of an entrepreneur – being so competitive that you’re practically sick when you lose. They’re competitive. It is never as rewarding when you’re the coach (but coaching has many other benefits. It’s one of my favorite blog posts.