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6 Mistakes Often Made By Entrepreneurs Due To Passion

Startup Professionals Musings

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. Or ask PlanetRx, an online service for prescriptions, before the Internet was pervasive. More than one smart entrepreneur has been caught in the lofty lifestyle of big money investors, viral growth, and movie star status.

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7 Keys To A Long-Term Career View As An Entrepreneur

Startup Professionals Musings

The answer is a resounding yes today, and I’m convinced that it will be even more true tomorrow, as young idealistic entrepreneurs try to adapt to the long-standing business culture if success is only measured in the money you make for yourself and your business. It’s vital to have a specific plan for meeting those needs.

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6 Success Stages Every Entrepreneur Idea Has To Pass

Startup Professionals Musings

It seems like everyone wants to be an entrepreneur and get rich these days. As a business mentor, I sometimes feel besieged by people begging for my view and support of their latest idea. There are lots of resources available for that question, including the Internet and mentors like me. Factory in the garage (make it).

Ideas 136
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7 Key Practices for Entrepreneurs Tackling Leadership

Startup Professionals Musings

Most of the entrepreneurs and business owners I work with recognize that they must occupy and practice a primary leadership position , but many will admit that they are not thriving in this role. This is a tough challenge for every coach and mentor. This is a tough challenge for every coach and mentor.

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8 Startup Excesses Which Will Jeopardize The Business

Startup Professionals Musings

Every entrepreneur I know is short on resources, including time, money, and skills. The last thing they can afford is to waste any of these, but in my mentoring and coaching activities, I see it happening all too often. Too many entrepreneurs confuse action with momentum and results. Bottlenecks to team productivity.

Startup 161
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6 Ideas To Recover From Business Resource Challenges

Startup Professionals Musings

Most entrepreneur that fail are quick to offer a litany of constraints that caused their demise – not enough money, time, customers, or support from the right players. The result, called resourcefulness, allows entrepreneurs to create opportunities in the face of scarcity. Every entrepreneur needs to avoid locked-in ways of thinking.

Resource 112
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9 Entrepreneur Leadership Principles Worth Practicing

Startup Professionals Musings

Entrepreneurship is all about leading – leading customers to a new product or service, leading a startup team to peak performance, and leading a new business to the market opportunity, while providing maximum return to stakeholders. Authentic entrepreneurs lead through the power of personal influence, rather than coercion.