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Need investment capital?

Berkonomics

Preparing for the game… If you have been following our recent insights, you’ll be up to speed knowing that professional investors negotiate tough terms, from provisions of control over asset acquisition, eventual sale of the company, future investments, forced co-sale when others attempt to sell their shares and more.

Invest 296
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Is your WORK interfering with your JOB?

Berkonomics

He stated, “Too often it seemed our internal staff was more focused on getting the ‘work’ (daily tasks) done and not enough on the ‘job’ (supporting subordinates with resources and encouragement.)”. Some accounts payable invoices come from suppliers providing the company resources to serve the customer. Had I been guilty?

Resource 156
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Need money? Read this!

Berkonomics

Some businesses require very little capital and the founder can self-finance the enterprise and retain 100% of its ownership and control from ignition through liquidity event (startup through sale). For those of you who fit that description, nice work. There is a lot to say about retaining control. The post Need money?

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10 Keys To Real Innovation In Your Next New Business

Startup Professionals Musings

Training and coaching. Ongoing coaching from the top is essential to maintain the attitude and spirit. From time to time, include customers and sales members in ideation sessions. Once a new product is launched, a key metric is the ratio of new product sales to overall sales. Idea management. Observe and measure.

Coach 137
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7 Leadership Strategies That Assure Real Team Results

Startup Professionals Musings

I saw the key ones outlined well in the classic book, “ Creating High Performers ,” by William Dann, a leading coach to experienced CEOs. Your standards for product quality, sales growth, and customer satisfaction must be documented and reviewed prior to results and performance reviews. Top performance is more than skills and effort.

Coach 93
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8 Ways Startups Spend Resources Without Adding Value

Startup Professionals Musings

Every entrepreneur I know is short on resources, including time, money, and skills. The last thing they can afford is to waste any of these, but in my mentoring and coaching activities, I see it happening all too often. Recovery efforts are wasted resource which rarely succeeds. That’s a deadly waste you can’t afford.

Resource 105
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8 Ways New Ventures Burn Resources Without Thinking

Startup Professionals Musings

Every entrepreneur I know is short on resources, including time, money, and skills. The last thing they can afford is to waste any of these, but in my mentoring and coaching activities, I see it happening all too often. Recovery efforts are wasted resource which rarely succeeds. That’s a deadly waste you can’t afford.