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How To Find Support Resources For Your Startup Stage

Startup Professionals Musings

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). Don’t waste your resources on the wrong ones.

Resource 171
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6 Hiring Principles To Grow The Best New Venture Team

Startup Professionals Musings

Of course, it’s no surprise that most entrepreneurs don’t have a background in hiring teams, and don’t have a budget for training or human resource consultants. He comments that in spite of the digital revolution, the hiring process hasn’t changed from its low priority, last minute, subjective roots.

Training 135
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When Hiring Entrepreneurs, Ignore Their Resumes

InfoChachkie

When hiring ATM Operators at a Big Dumb Company (BDC), assessing each candidate’s ability to execute predictable tasks is of paramount importance. As noted in Inventors vs. Innovators , early-stage hires do not have to be wide-eyed inventors. In fact, a company filled with inventors would be a dysfunctional mess.

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What’s the difference between your budget and forecast?

Berkonomics

An important part of the budget is expected revenue for the coming year, a critical factor in setting hiring and resource expectations for the year. Otherwise, it is the expectation of the board of directors of a company that each year’s budget be approved in advance and adhered to as long as revenue goals are met.

Resource 291
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Why Entrepreneurs Should Be Respected More Than Loved

Both Sides of the Table

One of the vivid memories I have from being a startup CEO is the feeling that most people in your company have a look in their eyes that like they can do your job as well as you. Most companies that are scaling have CFOs, heads of HR or talent. You hire great people. How hard could it be? You just assign out tasks to all of us.

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With Bambee, Allan Jones wants to give small businesses HR services their employees can trust

TechCrunch LA

While the business didn’t work out, it put the budding young entrepreneur (and college dropout) on a path that would lead him to launch the Los Angeles-based startup Bambee , a company that lets small businesses give their employees access to the same kinds of human resources services that large companies have.

Services 281
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How To Keep Your Mature Company Young And Competitive

Startup Professionals Musings

I’m convinced that’s why most mature companies are slowing down or buying their innovation through acquisition, rather than building it. True entrepreneurs, like backpackers, are ready to explore new terrain, more open to new possibilities, and don’t get stuck in yesterday’s practices.