Startup Professionals Musings

OCTOBER 9, 2020

The traditional model for hiring permanent employees who can grow their career with your company just doesn’t work, and can jeopardize your business before it even gets traction. Many successful new companies have moved more to self-management, or decentralizing the decision-making with few managers.

Competition 168

Competition Startup Demand Training 168

Startup Professionals Musings

DECEMBER 10, 2022

Another example is Facebook , maintaining motivation with food, stock options, collaborative office space, an on-site laundry, and a competitive atmosphere that fosters personal growth and learning with great benefits. Investors have long agreed that you invest in the team, more than the product. Building morale is not a one-time task.

Examples 145

Examples Mentor Activity Product 145

Startup Professionals Musings

SEPTEMBER 1, 2023

The most memorable businesses, like Starbucks and Apple, no longer sell products, they sell ‘experiences’ with a product at the center. The challenge is to transform and hardwire your entire team to think in these terms, rather than the default focus on distinct towers of product quality, closing the sale, or fixing a complaint.

Customer 106

Customer Custom Startup Competition 106

Startup Professionals Musings

APRIL 29, 2023

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Low cost and low margin products can be winners, if the volume is high enough.

Startup 111

Startup Training Services Writing 111

Startup Professionals Musings

JULY 4, 2020

Personal satisfaction also ranked close behind, with 70 percent of respondents claiming it was a key advantage to running their own business. This indicates that lifestyle and satisfaction factors are often more important than financial ones. Beat the competition and discover yourself. High level of excitement.

Entrepreneur 122

Entrepreneur Startup Satisfaction Competition 122

Startup Professionals Musings

APRIL 18, 2021

If there are financial anomalies, or someone on the team doesn’t know the current strategy, or is unhappy with you or the company, the investment will be jeopardized. Call a company meeting to communicate what is happening, and why. Validation of product. Having a great product or service is not enough.

Technical Review 152

Technical Review Startup Satisfaction Summary 152

TechCrunch LA

MARCH 3, 2020

It turns out the virtual and augmented reality companies aren’t dead — as long as they focus on the enterprise. Cornerstone, which led the Talespin Series B round, will also be partnering with the company to develop human resources training tools in virtual reality. “We Talespin previously raised $5 million in financing.

Training 220

Training Los Angeles Tool Cornerstone OnDemand 220

Startup Professionals Musings

JANUARY 29, 2021

Obviously, both are required for a company to stay healthy and growing. People-centric leaders realize that the right motivated and accountable people are their real competitive advantage. Engaged people are more productive than your best process. That takes less time and gives everyone greater satisfaction.

Satisfaction 154

Satisfaction Demand Resource Competition 154

Startup Professionals Musings

SEPTEMBER 15, 2021

But very quickly, it is becoming obvious to startups that the value and satisfaction exceeds the costs. I believe this option will continue to spread to other companies, states and countries. Startups can use social responsibility as a competitive advantage. Socially responsible products typically sell at a premium price.

Startup 149

Startup Organization Customer Custom 149

Startup Professionals Musings

APRIL 25, 2012

Porter proposed his Five Forces framework for analyzing the competitive environment which I think makes even more sense today. Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry. Way back in 1979, Michael E.

Competition 94

Competition Startup Pricing Framework 94

Startup Professionals Musings

OCTOBER 6, 2023

Use this opportunity to validate their satisfaction and support for your company and your solution. Here investors are looking for feature problems or quality issues on the current product. Visit reference customers, partners, and vendors. Status of the solution. In addition, manufacturing and inventory levels will be reviewed.

Technical Review 118

Technical Review Startup Satisfaction Invest 118

Startup Professionals Musings

AUGUST 3, 2020

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Low cost and low margin products can be winners, if the volume is high enough.

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

DECEMBER 13, 2020

The most memorable businesses, like Starbucks and Apple, no longer sell products, they sell ‘experiences’ with a product at the center. The challenge is to transform and hardwire your entire team to think in these terms, rather than the default focus on distinct towers of product quality, closing the sale, or fixing a complaint.

Customer 168

Customer Custom Services Startup 168

Startup Professionals Musings

JULY 21, 2023

How will work productivity and quality be impacted, and what effect will it have on personal careers, job satisfaction, and work-life balance? In my experience, a great office culture will enhance every team member productivity, as well as personal satisfaction. Change – make “journey of change” apply to all.

Coach 85

Coach Satisfaction Activity Sites 85

Startup Professionals Musings

JUNE 30, 2021

By definition, all of you entrepreneurs are leaders, by taking the initiative to start a new company. Some are great product leaders and innovative technologists, others are leaders in creating new business models , a few can assemble great teams , but only the rare exception can do all three.

Coach 162

Coach Startup Resource Competition 162

Startup Professionals Musings

JANUARY 6, 2021

In reality, too many choices actually dilutes customer interest in your existing market, and makes your job of production, marketing, and support much more complex. New entrepreneurs, especially technical ones, are excited by early adopters, and tend to focus on their feedback, which will always suggest more product features and options.

Technical Review 160

Technical Review Technical Advisors Startup Mentor 160

Startup Professionals Musings

AUGUST 25, 2021

In my role as mentor to business professionals, I often get the question about your potential of going out on your own as an entrepreneur, versus your current role of working for a boss at an established company. You need to sell yourself, as well as your product. Able to marshal people and other support resources.

Entrepreneur 158

Entrepreneur Satisfaction Ideas Social Media 158

Startup Professionals Musings

JUNE 15, 2022

As a team member, low self-esteem leads to low confidence, poor productivity, and no job satisfaction. Identify and redirect unhealthy competition and comparisons. Competition sabotages teamwork and leaves feelings of isolation and alienation. Fortunately, both can be fixed. Make you the base, not others.

Startup 101

Startup Satisfaction Entrepreneur Competition 101

Startup Professionals Musings

APRIL 8, 2019

Image via Wikipedia The challenge for all of us in business is to improve competitiveness by improving employee productivity and reducing costs. According to Gartner , one of the biggest drags on productivity is employee engagement, still hovering around 30 percent, and costing our businesses over $450 billion per year.

Tips 96

Tips Satisfaction Training Mentor 96

Startup Professionals Musings

NOVEMBER 5, 2022

As a business consultant with experience in large companies as well as startups, I often hear about dysfunctional management hierarchies, as well as the value provided by exceptional ones. Good managers improve focus and productivity through effective communication and coordinating disparate activities.

Outsource 133

Outsource Training Organization Social Media 133

Startup Professionals Musings

DECEMBER 5, 2020

No matter what people may proclaim, everyone in business is looking to achieve the highest possible level of satisfaction and financial success in their career. Entrepreneurial thinking in a corporate environment brings many positive career opportunities to the table, and many advantages to your company.

Entrepreneur 117

Entrepreneur Sales Customer Custom 117

Startup Professionals Musings

SEPTEMBER 4, 2023

Creating the right company culture must be a top priority of every entrepreneur and business leader. Once a product-first, customer-second, and employee-last culture is set, it is extremely hard to change. You need to paint a compelling future for your company that they can all connect with. Marty Zwilling

Organization 108

Organization Startup Satisfaction Customer 108

Startup Professionals Musings

JANUARY 8, 2021

Train them fully, give them authority, make them accountable, and tie their pay to customer satisfaction. It must be understandable, written down, and verifiable, with regular measurements and metrics to make it real, benchmarked against the competition. Know your customers intimately. Make your service deliver process “happy.”

Startup 154

Startup Training Customer Custom 154

Startup Professionals Musings

AUGUST 26, 2023

Most companies I work with, like yours, are still reeling from the effects of COVID-19, the rise of inflation, and talent shortages. They are rightly thinking about a strategy to be better prepared for future challenges , recognizing that more are coming in this age of accelerating change and global competition.

Training 86

Training Resource Competition Satisfaction 86

Startup Professionals Musings

JUNE 25, 2023

For example, many companies are fighting the remote work trend by bringing team members back to the office where they can better focus together on improving customer experience. Make people feel more productive by providing continuous feedback on work accomplished, process improvements, and current training.

Customer 113

Customer Custom Training Tool 113

Startup Professionals Musings

AUGUST 23, 2021

Unfortunately, these goals are often mutually exclusive, and focusing on the wrong ones won’t bring you that business success and satisfaction you crave. For example, Richard Branson relishes the satisfaction of initiating innovative startups, and rewarding strong team members with the opportunity to run a joint spinoff.

Startup 159

Startup Satisfaction Entrepreneur Equity 159

Startup Professionals Musings

DECEMBER 20, 2020

More than ever before, people want to buy from, work for, and invest in companies that matter. It is no longer enough to just have a great product or service. Your company and team members have to be seen as going above and beyond to solve the problems of internal and external customers.

Customer 167

Customer Custom Satisfaction Marketing 167

Startup Professionals Musings

NOVEMBER 25, 2022

The first electric bulb was actually invented by Sir Joseph Wilson Swan, who demonstrated the concept, but gave up trying to develop a practical product after only three attempts. He went on to start many successful companies, including General Electric. Don’t let anyone kill your dreams and passion.

Startup 122

Startup Satisfaction Summary Coach 122

Startup Professionals Musings

OCTOBER 26, 2022

With social media and smart phone apps, real product information spreads at astounding speeds. Bureaucracy can appear quickly in startups as well as large companies. An agile business doesn’t wait for their current product line to fail, before planning some enhancements. They don’t realize that business as usual is gone forever.

Technical Review 151

Technical Review Organization Social Media Entrepreneur 151

Startup Professionals Musings

SEPTEMBER 25, 2020

Today, customers are looking for real relationships, a memorable shopping experience, and satisfaction of a higher purpose. Other companies, including Ritz-Carlton , now incent their employees to build real relationships with guests, by authorizing them to spend up to $2,000 per guest to solve an individual concern.

Customer 133

Customer Custom Satisfaction Examples 133

Startup Professionals Musings

JULY 30, 2023

Incidentally, if you never thought of yourself as being an A-Player employee, you probably will struggle even more in the competitive entrepreneur world. Employees can be much more productive if they fully understand strategic issues and focus correspondingly. I now believe that every entrepreneur needs to think like an A-Player.

Entrepreneur 85

Entrepreneur Customer Custom Competition 85

Startup Professionals Musings

JULY 13, 2022

In these days of global competition via multiple channels, you need continuous marketing to find more customers. Influencers are recognized experts and pseudo celebrities who can pick favorite products or start new trends. They won’t find you. Be proactive is reaching out for support and help.

Technical Review 142

Technical Review Social Media Conference Customer 142

Startup Professionals Musings

JANUARY 24, 2021

Use this opportunity to validate their satisfaction and support for your company and your solution. Here investors are looking for feature problems or quality issues on the current product. Visit reference customers, partners, and vendors. Status of the solution. In addition, manufacturing and inventory levels will be reviewed.

Technical Review 151

Technical Review Startup Satisfaction Invest 151

Startup Professionals Musings

NOVEMBER 9, 2020

Incidentally, if you never thought of yourself as being an A-Player employee, you probably will struggle even more in the competitive entrepreneur world. Employees can be much more productive if they fully understand strategic issues and focus correspondingly. I now believe that every entrepreneur needs to think like an A-Player.

Entrepreneur 159

Entrepreneur Customer Custom Competition 159

Startup Professionals Musings

FEBRUARY 7, 2016

Creating the right company culture must be a top priority of every entrepreneur and business leader. Once a product-first, customer-second, and employee-last culture is set, it is extremely hard to change. You need to paint a compelling future for your company that they can all connect with. Marty Zwilling.

Company 59

Company Companies Organization Startup 59

Startup Professionals Musings

APRIL 6, 2022

These authors have enjoyed leadership positions in big companies, as well as small, and distill their advice from interviews with dozens of business owners of all sizes around the country. Even a successful bigger business will bring additional responsibilities, new competition, and more demands on your time.

Satisfaction 92

Satisfaction Training Customer Custom 92

Startup Professionals Musings

MAY 2, 2022

They are not having the impact they expected, and they are not feeling the personal satisfaction they need for next level motivation. Embrace the real you as your competitive advantage. Your team will quickly sense your insights and sincerity , leading to greater impact and satisfaction by everyone.

Entrepreneur 90

Entrepreneur Satisfaction Coach Mentor 90