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10 Keys To Real Innovation In Your Next New Business

Startup Professionals Musings

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Training and coaching. Ongoing coaching from the top is essential to maintain the attitude and spirit. Innovation is not a random walk into the unknown. Ownership.

Coach 137
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10 Steps To A New Venture That Can Change The World

Startup Professionals Musings

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Training and coaching. Ongoing coaching from the top is essential to maintain the attitude and spirit. Innovation is not a random walk into the unknown. Ownership.

Coach 144
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10 Steps To Second Stage Success For Your New Venture

Startup Professionals Musings

Switch your attention from product development to sales. Second-stage growth usually requires a formal sales model, an experienced and disciplined sales team, and a well-defined process to meet your new goals and demands. Managing business growth is more than metrics. Separate marketing from sales for further leverage.

Sales 147
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Gamify those otherwise dull work assignments

Berkonomics

Email readers, continue here…] So, think of ways to make each process into a game, one in which there is a defined metric or measure of the winner at the end of a cycle short enough to permit teaching, celebration, challenge, and motivation for the next time played. Be a good coach and be creative.

Metrics 120
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7 Practices To Enhance Accountability In Your Startup

Startup Professionals Musings

Make sure that metrics and goals are set up front, and not modified as the project progresses. Unfortunately, I often see goal misalignments with teams, such as marketing measured on sales volume, or sales measured on customer retention. Provide assessments based wholly on facts.

Startup 132
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5 Steps To An Innovative And Winning New Venture Plan

Startup Professionals Musings

Any startup coach or business advisor will tell you that, on your way to being a great chef, you don't start your journey by inventing the ultimate entre. Have you projected sales and marketing costs, cash flow, and capital requirements? You know the basic ingredients, and you can visualize the results you want. Don’t stand still.

Startup 112
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Turn “process” into “game.”

Berkonomics

Email readers, continue here.] So think of ways to make each process into a game, one in which there is a defined metric or measure of the winner at the end of a cycle short enough to permit teaching, celebration, challenge, and motivation for the next time played. Create and publish metrics as goals and comparisons to past accomplishments.

Metrics 176