article thumbnail

10 Keys To Your New Venture Success And Satisfaction

Startup Professionals Musings

I recommend the ten points in a classic book by Bill Murphy, Jr., Professional investors will tell you they look for business plans that can credibly project revenues of at least $20M within five years, or they won’t justify an investment. Entrepreneurship can be learned. In other words, make sure your solution will scale up.

article thumbnail

5 Keys To Satisfaction From Solving Market Challenges

Startup Professionals Musings

Based on my own mentoring and investing experience, the best entrepreneurs are pragmatic problem solvers. For example, I remember a classic book by Penina Rybak, “ The NICE Reboot ,” that does a great job of outlining problem solving steps, honed from working with special needs youngsters.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

9 Keys To Employing Social Media To Grow Your Startup

Startup Professionals Musings

But very few are talking about how to measure your results and return on investment (ROI), and the right metrics for optimizing your marketing environment. He has one of the first books on this subject, and he breaks the process down into nine key activities, as follows: Get focused and identify goals. Get buy-in from your colleagues.

article thumbnail

6 New Venture Challenges Make It An Endurance Sport

Startup Professionals Musings

On the other hand, I remember a classic book, “ The 10% Entrepreneur: Live Your Startup Dream Without Quitting Your Day Job ,” by Patrick J. He makes some good points in the book for the overlapped entrepreneur approach that I espouse: One job is not enough these days. Startups cost money but don’t pay a salary before revenue.

Startup 102
article thumbnail

5 Startup Barriers To Progress Only You Can Overcome

Startup Professionals Musings

A key influencer of satisfaction and motivation, top-ranked by employees, is positive progress and the completion of meaningful work. These points are illustrated in detail in “ The Progress Principle ,” a classic book from the Harvard Business School, by Teresa Amabile and Steven Kramer.

Startup 125
article thumbnail

10 Keys To Raising Your New Venture Funding Potential

Startup Professionals Musings

The key elements of leadership in a company, both individual and organizational, are less tangible, but very critical in setting a market value for investment, acquisition, or going public. In the investment community, these leadership elements are often called “goodwill.” Performance accountability processes.

article thumbnail

5 Key Steps For Launching A Successful Startup Today

Startup Professionals Musings

Based on my own mentoring and investing experience, the best entrepreneurs are pragmatic problem solvers. For example, I remember a classic book by Penina Rybak, “ The NICE Reboot ,” that does a great job of outlining problem solving steps, honed from working with special needs youngsters.

Startup 135