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10 Ways An Entrepreneur Can Build A Winning Culture

Startup Professionals Musings

If an entrepreneur can’t build a culture of excitement and commitment at a startup, the chances of long-term success are negligible. That’s why they insist on spending a day with your team as part of the due diligence process. As a mentor to entrepreneurs, I often get asked what you can do to build the right culture.

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People Management: Startup Teams Should Dip but not Skip

Both Sides of the Table

As your organization grows and you hire senior staff where you are no longer managing every employee directly the issue of how to manage people that are not your “direct&# reports arises. Dipping: As a decision maker you rely on information being passed to you by the people who report to you.

Startup 308
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8 Initiatives To Make Your Customers Loyal Advocates

Startup Professionals Musings

According to many observers , we can thank or blame technology for these higher expectations, providing information at the speed of light, leading everyone to expect more. The bar is being raised, so every entrepreneur needs new initiatives just to stay in the ballgame. Provide coaching and mentoring as well as training.

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How to Make Better Reference Calls

Both Sides of the Table

I like to get a mix of people who have reported to the candidate, whom the candidate has reported to (2x) and peers. I would start by asking the candidate, “How did you decide on these five people” as part of your review process. By the way, I also strongly advise that entrepreneurs reference VCs.

Startup 302
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My Life as a CEO (and VC): Chief Psychologist

Both Sides of the Table

Some entrepreneurs make the mistake of never devolving power. Due to the language and culture issues in Europe we opted for a country structure with an MD in each country and local sales, marketing & customers support staff. Almost by definition to be a great leader you need to be an effective psychologist.

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5 Attributes Of People Who Will Grow Your Business

Startup Professionals Musings

The reality is that entrepreneurs usually don’t have the money or time for executive recruiters to do the filtering and selection for them. Next comes the more arduous process of reviewing every applicant, looking for key attributes including the following. Get it reviewed and approved by peers, including salary and perks.

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7 Initiatives To Streamline and Focus Your Company

Startup Professionals Musings

As an entrepreneur advisor and startup investor, it always amazes me how obvious these alignment issues are from the outside, and how hard it is to make them visible inside and get them corrected. Improve reporting structure support (vertical alignment). Update skill requirements as technology and the market changes.

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