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Are you still flexible enough to be coached?

Berkonomics

Teaching about the five types of resources In my book, “Extending the Runway” (Second Edition, Berkus Press 2014), I explore the thesis that there are five basic types of resources an entrepreneur must exploit in growing a successful business: time, money, process, relationships and context. Coaches have seen your movie before.

Coach 156
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5 Ways To Kickstart Your Business Coaching Reputation

Startup Professionals Musings

Image via Pixabay I’ve always been a bit confused about the difference in a business context between a coach and a mentor. According to many pundits , a mentor shows you the right way based on experience, while a coach brings out the best in you, then let’s you find your own way. Give people the room to debate differences.

Coach 87
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8 Steps To Creating A Business From Your Startup Idea

Startup Professionals Musings

That’s why I’m impressed with the classic book, “ All Dreams on Deck: Charting the Course for Your Life and Work ,” by Jeremy Cage. In his book, he couches his guidance in a real-life metaphor of his sailing trip around the world. As you gather your team, recognize that they will need your help and coaching as well.

Ideas 105
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5 Steps To Get You From Your First Idea To A Business

Startup Professionals Musings

One thing I have learned the hard way in business is that implementing new ideas is usually much more difficult than conceiving the idea in the first place. That’s why I caution my aspiring entrepreneur clients against proclaiming to investors that they are a great “idea” person. For example, I have a friend with a Ph.D.

Ideas 126
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10 Keys To Real Innovation In Your Next New Business

Startup Professionals Musings

Overall I like the principles in the classic book “ Robert’s Rules of Innovation: A 10-Step Program for Corporate Survival ,” by Robert F. It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Training and coaching. Ownership.

Coach 137
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5 Strategies To Help You Take Charge Of Your Own Life

Startup Professionals Musings

After many extended coaching sessions with entrepreneurs and small business owners, I’ve found myself wondering if my value-add was anything more than you could get by self-coaching. It helps to partner with and coach others. Celebrate your wins, keep a flexible mindset, and raise your own bar often.

Coach 105
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7 Keys To Selecting A Startup Idea That Works For You

Startup Professionals Musings

A common request I hear from aspiring entrepreneurs is for an assessment of their latest idea. I don’t even try to assess things at the idea level, since I can’t read minds. Here are seven key considerations for how you should make your own best entrepreneur business idea decision in this context: Pick something you really enjoy doing.

Ideas 78