Remove maximize
article thumbnail

8 Keys To Maximizing Your New Venture Stock Net Worth

Startup Professionals Musings

When an entrepreneur first incorporates a business, they may find themselves the proud owner of 10 million shares of common stock, commonly called founder’s shares. every entrepreneur should incorporate early and file an 83(b) election with the IRS within 30 days of founding the company. In the U.S.,

.Net 96
article thumbnail

Does Your Entrepreneur View Match Your Startup Stage?

Startup Professionals Musings

According to most definitions, an entrepreneur is one who envisions a new and different business, meaning one that is not a copy of an existing business model. Many entrepreneurs have a passion and an idea, or even invent a new product, but are never able to execute to the point of creating a startup. Funding and rollout stage.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 Ways To Maximize Team Motivation And Productivity

Startup Professionals Musings

In my own experience as a startup advisor and mentor, I find that entrepreneurs who can’t attract and maintain a highly motivated team rarely even get off the ground. Your team members follow your actions on integrity and follow-through, much more than any written company policy. Building morale is not a one-time task.

Product 129
article thumbnail

5 Keys To Maximizing Your Impact In People Mentoring

Startup Professionals Musings

If you are like most entrepreneurs I know, there just aren’t enough hours in a day to get all your own work done, as well as run the many one-hour meetings each team member seems to demand for decisions and mentoring. Long meetings behind closed doors are draining for you and not productive for the company toward these objectives.

Mentor 124
article thumbnail

5 Key Actions To Maximize Entrepreneur Productivity

Startup Professionals Musings

If you define your self-worth as an entrepreneur by how busy you are, it’s time to find another lifestyle. For survival, entrepreneurs need to be all about accomplishing results that matter for themselves, their team, and their customers. We all know people who are extraordinarily busy, but never seem to accomplish anything.

Product 60
article thumbnail

7 Key Maxims of a Mindset Focused on Growth

Startup Professionals Musings

Based on my experience advising entrepreneurs, I’m convinced that success is often more a mindset than a specific set of skills or intelligence. A fixed mindset is when entrepreneurs believe their abilities and market are fixed, and the challenge is to make the best of the hand already dealt. Most experts call this a growth mindset.

Startup 55
article thumbnail

7 Tips To Maximize Breakthrough Thinking In Business

Startup Professionals Musings

The challenge is to create a culture of forward thinking in your company, and avoid the traps of following the paths of least resistance and most comfort that appear in every mature company. I see these traps all too often in my role as business advisor to small companies as well as large.

Tips 94