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7 Keys To Keeping Your Business Agile And Competitive

Startup Professionals Musings

He lived the philosophy that companies must be paranoid in order to survive, and continually disrupt their own markets to prevent overrun by competition. Start small and move quickly to test new approaches that can be scaled up later, with an understanding that some will fail. Be proactive rather than reactive to market change.

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6 Keys To Competitive Advantage By Memorable Service

Startup Professionals Musings

In this context, even “satisfied” is only a “meets-minimum,” and does not put you ahead of your competition. Feedback from the field shows that a successful collaboration , whether with customers, employees, vendors, or other business partners, will make your company stronger and more competitive in the marketplace.

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8 Keys To Attracting More Talent Than The Competition

Startup Professionals Musings

Due to the pervasive Internet, the scope of most successful startup teams today has become global. According to recent reports , these come from all the way up and down the age and experience spectrum, including up to ninety percent of the current Baby Boomers, as well as Millennials.

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6 Ways To Reinforce Team Behavior For Startup Success

Startup Professionals Musings

In my consulting work, when I ask team members in startups and small businesses how they know whether they are doing a good job, the typical response I get is “Nobody has yelled at me today,” or “No news is good news.” A little competition for results is always a good thing. Encourage them to do more of the same.

Startup 133
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Praying to the God of Valuation

Both Sides of the Table

Something happened in the past 7 years in the startup and venture capital world that I hadn’t experienced since the late 90’s — we all began praying to the God of Valuation. How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? What happened? There was no money train.

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5 Recipes For A Team Culture To Drive Business Growth

Startup Professionals Musings

I’m sure you can imagine how much that impacts any business or startup’s ability to react to changing customer needs and growth opportunities, no matter how insightful their leaders. Listen to everyone's input, encourage people to speak up, and repeat back what you have heard. Facilitate coaching and mentoring, inside and outside.

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5 Strategies Of A Startup Founder To Inspire The Team

Startup Professionals Musings

The best startups give everyone business cards and encourage team members to talk about the business with anyone who should be interested. They need incentives to investigate market trends and competitive actions, as well as continuous communication of the bigger picture of the business and current objectives. Empower engagement.

Startup 95