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6 Ways To Improve Your Odds Of New Business Success

Startup Professionals Musings

Almost every entrepreneur and new business owner I mentor is certain that his/her idea has a very high probability of success, and all find it hard to believe that ninety percent of startups ultimately fail. Bill Gates was the technical genius, but Steve Ballmer, from Procter & Gamble, ran the business side of the equation.

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10 Strategies For Success Long-Term As Well As Today

Startup Professionals Musings

Based on my own experience in both large and small companies, I agree it can be done, with the essential principles outlined in a new book, “ Winning Now, Winning Later ,” by David M. In my experience, even in startups, longer-term strategy often gets pushed off the agenda due to current challenges. Don’t make growth a big-bang event.

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8 People And Process Skills Required In Any Business

Startup Professionals Musings

For example, even though Mark Zuckerberg built Facebook as an innovative product, most experts believe it was successful due to his relationship with Peter Thiel and other top VCs that he convinced to invest early. They mentor each other, and seek out experts in domains outside their current expertise and experience.

Startup 113
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6 Building Blocks Make Amazon A Global Market Leader

Startup Professionals Musings

As a mentor to entrepreneurs, I often get asked for the magic that has made Amazon the world's most valuable brand , from a total unknown only twenty years ago. My simple answer is that they keep their focus on customers, rather than technology. Incorporate AI-powered data and metrics systems.

Marketing 123
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8 Disciplines for Transforming Ideas Into Businesses

Startup Professionals Musings

Yet, in my experience as a mentor to entrepreneurs, the majority of failures I see are related to starting and growing the business, not developing the solution. In today’s world, the market evolves even faster than the technology. Manage the business with metrics and goals. Time is of the essence in everything you do.

Ideas 72
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Porter: Mobile Chores | The Constant Hustle and LA Tech, Interview with CEO Matt Lucido

Tech Zulu Event

ML: Porter is a really simple consumer app, a one-stop shop for booking your recurring in-home services. The nuts and bolts of our tech company is that CMS in the middle, the connection engine. When I went full-time, I did not have the full-time support on the tech side I wanted. So, I have no tech support right now.

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How Future-Proof is Your Company (and Your Career)?

Startup Professionals Musings

In my years of mentoring and advising business leaders, I find that real planning for the future always gets the short shrift. I found some key ones in a new book, “ The Future-Proof Workplace ,” by Linda Sharkey, PhD, and Morag Barrett. Data technology facilitates more fact-based decisions.

Company 55