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10 Elements of a Coaching Culture and Why You Need It

Startup Professionals Musings

Every entrepreneur and business person I know wishes he had more time for coaching all the members of his team. I often hear the excuse that coaching takes more time than simply diving in and doing the job for the other person, but is that really true? Exceptional communication is a prerequisite to coaching.

Coach 91
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5 Ways A Startup Benefits From Dual Partner Strengths

Startup Professionals Musings

It seems like every entrepreneur I meet these days is quick to proclaim themselves a visionary, expecting that will give more credibility to their startup idea, and improve their odds with investors. In reality, I’m one of the majority of investors who believe that startup success is more about the execution than the idea.

Startup 82
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7 Private Small Business Grants to Apply For in June 2024

Tech.Co

Starting or growing a small business in 2024 is no easy feat, and one of the biggest obstacles you will face is securing funding. We round up seven grants that you should know about right now – including their eligibility criteria and funding amount. As the old adage goes, money doesn’t grow on trees.

Coach 138
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7 Excuses I Don’t Want To Hear For New Owner Failure

Startup Professionals Musings

When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Either could improve the statistic that half of startups fail within the first five years. So why do most startups fail?

Startup 135
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This is How Startups “Level Up” After Raising Money

Both Sides of the Table

In a VC business when you raise additional capital you need to “level up” and act the round you are. Of course I’m not preaching crazy, irrational spend or having Kid Rock at your next company party. I’d say 20% of startups I see level-up early after their A round. Act your stage. But at what cost?

Startup 381
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8 Reasons Why Great People Make Processes Repeatable

Startup Professionals Musings

As a business advisor and investor in new startups, I see how difficult it is to make any process work, no matter how well designed, if the team is dysfunctional. Of course, some balance is required. Effective communication in a rapidly changing environment must be two-way and continuous, from all levels of the organization.

Coach 128
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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.