Startup Professionals Musings

DECEMBER 24, 2022

I’m convinced that’s why most mature companies are slowing down or buying their innovation through acquisition, rather than building it. Progress on the learning curve is their satisfaction. They don’t have a comfort zone or protocol to fall back on. They assume that new tools and structures will have to be built along the way.

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Competition Company Companies Startup 102

Startup Professionals Musings

DECEMBER 10, 2022

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. There are many ways to add levity to a tough challenge, and engaging the team occasionally in some fun activities will work wonders for your team’s productivity and motivation.

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Examples Mentor Activity Product 145

Startup Professionals Musings

MARCH 22, 2023

I have personally worked as an employee of large businesses, as well as a partner in new ventures, and found the latter to have more potential for satisfaction. Others, including Jeff Bezos, spent time in a big company or two before breaking away to form their own. The return and satisfaction were greater than the cost.

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Startup Satisfaction Metrics Custom 111

Startup Professionals Musings

JANUARY 2, 2019

Most of you aspiring entrepreneurs have no idea how dramatically your own role has to evolve as you develop a solution, start a business, and expect it to scale into a successful self-managed company. Lead and mentor team members to run all business areas. All teams must be motivated and engaged by your leadership and mentoring.

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Company Companies Technical Review Startup 99

Startup Professionals Musings

FEBRUARY 5, 2022

All prefer more flexible hours, the chance to work from home, and the traditions of lifetime loyalty to one company no longer apply. Loyalty to a given company now has to be inspired rather than assumed. Mentoring is the number one request by Millennials in the workplace. Thus mentoring inspires loyalty all around.

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Mentor Coach Satisfaction Training 147

Startup Professionals Musings

SEPTEMBER 15, 2023

Whether you are a business professional in a big company, or an entrepreneur with a startup, innovation is a key strategy. Many people believe that new ideas are the critical element of innovation, but in my experience as a mentor and investor, long-term business success is more about implementation than ideas.

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Artificial Inteligence Ideas Satisfaction Custom 114

Startup Professionals Musings

OCTOBER 19, 2022

Yet as I mentor entrepreneurs around the country, crowdfunding still seems to be one of the least understood approaches to startup funding, with more myths than accredited angels and professional venture capital investors combined. The crowd gets the satisfaction of helping, with minimal risk, and no expectation of any high return.

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Funding Startup Outsource Development Satisfaction 141

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.

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Tips Satisfaction Training Mentor 96

Startup Professionals Musings

APRIL 16, 2022

Yet I find, as a mentor and outside consultant, that many of you focus only on working conditions and compensation as the key factors determining team engagement , health, and productivity. Every person requires some level of positive human interaction with co-workers and others to be satisfied and productive.

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Technical Review Mentor Social Media Custom 141

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.

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Technical Review Technical Advisors Startup Mentor 160

Startup Professionals Musings

NOVEMBER 22, 2021

will proceed to give you a 20-minute dissertation on their latest health symptoms, the latest company problem, and the sad state of the world in general. Ask a mentor for support. Choose a friend or mentor (not your spouse) whom you trust to tell you the truth, and ask for help. Here are a few suggestions: Get a medical checkup.

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Startup Mentor Satisfaction Writing 129

Startup Professionals Musings

SEPTEMBER 10, 2023

Yet there is more and more evidence that jumping tasks on every alert for a new email, text, or phone call actually decreases overall productivity. Practicing these will ensure greater productivity, less stress, more job satisfaction, and an improved overall sense of well-being. Do unto others as you would have them do unto you.

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Email Activity Product Social Media 96

Startup Professionals Musings

FEBRUARY 9, 2022

As a result, Amazon has ranked as #1 for customer satisfaction for many years in a row and has grown accordingly. Studies show that a positive team culture in an organization can result in 26 percent fewer mistakes, 22 percent higher productivity, 41 percent lower absenteeism, and 30 percent stronger customer satisfaction.

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Coach Satisfaction Custom Customer 120

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.

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Entrepreneur Satisfaction Ideas Social Media 158

Startup Professionals Musings

FEBRUARY 5, 2023

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. The development stage normally begins with designing and prototyping a product or service, and creating the company legal entity. Startup and development stage. Funding and rollout stage.

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Entrepreneur Startup Ideas Satisfaction 108

Startup Professionals Musings

DECEMBER 3, 2022

It’s been happening for some time, but business changes, accelerated by the recent pandemic, have highlighted the need for all of us to review our positions, image, and satisfaction at work. These now provide better quality, better paying, and more exciting jobs than big companies. Seek expert mentors and always evaluate feedback.

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Social Media Summary Startup Mentor 125

Startup Professionals Musings

FEBRUARY 10, 2017

will proceed to give you a 20-minute dissertation on their latest health symptoms, the latest company problem, and the sad state of the world in general. Ask a mentor for support. Choose a friend or mentor (not your spouse) whom you trust to tell you the truth, and ask for help. Here are a few suggestions: Get a medical checkup.

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Startup Product Mentor Satisfaction 61

Startup Professionals Musings

JANUARY 29, 2021

Obviously, both are required for a company to stay healthy and growing. As a long-time business advisor and mentor to entrepreneurs, I consistently find that the most thriving businesses are people-centric, and those team members create the best processes, rather than the other way around.

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Satisfaction Demand Resource Competition 154

Startup Professionals Musings

AUGUST 7, 2019

Business owners don’t like it, the new generations think promotions will solve it, and productivity levels continue to suffer. Based on my own career with small companies as well as large ones, I assure you that it’s a lot more satisfying for everyone, as well as productive, working in a happy business environment.

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Satisfaction Mentor Summary Class 91

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.

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Startup Satisfaction Entrepreneur Equity 159

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.

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Startup Satisfaction Summary Coach 122

Startup Professionals Musings

SEPTEMBER 3, 2021

In my experience, it means it will likely be necessary to supplement your product business plan with some key personal initiatives that define you as a business leader role model for all to see: Take a visible leadership role in your industry. The old fable of “you are known by the company you keep” has never been more true.

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Mentor IBM IBM Social Media 145

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.

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Coach Startup Resource Competition 162

Startup Professionals Musings

JUNE 15, 2022

In my years of mentoring entrepreneurs, a problem I have seen too often is low self-esteem, and over-compensating through arrogance and ego. As a team member, low self-esteem leads to low confidence, poor productivity, and no job satisfaction. Fortunately, both can be fixed. Forgive yourself for past mistakes and poor decisions.

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Startup Satisfaction Entrepreneur Competition 101

Startup Professionals Musings

SEPTEMBER 25, 2022

Most entrepreneurs assume that success is dependent on their product expertise, coupled with some knowledge of how to run a business. In fact, I have found from personal experience and mentoring that both of these are necessary, but not sufficient, for building a business. Top team members rarely quit the company.

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Training Coach Startup Entrepreneur 142

Startup Professionals Musings

DECEMBER 16, 2022

One of the dysfunctions I often see in my coaching and mentoring work with small businesses is team member burnout. The impact is low employee engagement , low productivity, and ultimately business failure or lack of growth. In turn, people treat workplaces fairly when they respect company policies and procedures.

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Coach Organization Demand Resource 120

Startup Professionals Musings

SEPTEMBER 19, 2018

In my role as a mentor to business professionals and entrepreneurs over the years, I have found that it’s important to take a hard look at the relationships around you on a regular basis. But, like most other skills, you can learn from these priorities: Everyone benefits from active mentoring. A good coach is not a critic.

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Tips Mentor Coach Activity 95

Startup Professionals Musings

JANUARY 20, 2020

Yet as I mentor entrepreneurs around the country, it still seems to be one of the least understood approaches to startup funding, with more myths than accredited angels and professional venture capital investors combined. The crowd gets the satisfaction of helping, with minimal risk, and no expectation of any high return.

Entrepreneur 129

Entrepreneur Outsource Development Satisfaction Equity 129

Startup Professionals Musings

DECEMBER 25, 2020

Yet there is more and more evidence that jumping tasks on every alert for a new email, text, or phone call actually decreases overall productivity. Practicing these will ensure greater productivity, less stress, more job satisfaction, and an improved overall sense of well-being. Do unto others as you would have them do unto you.

Email 170

Email Activity Social Media Coach 170

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.

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Competition Startup Demand Training 168

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. But the more you get involved with mentoring and training, the less time you have to enjoy the creative process.

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Satisfaction Training Custom Customer 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. This is a tough challenge for every coach and mentor. Your team will quickly sense your insights and sincerity , leading to greater impact and satisfaction by everyone.

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Entrepreneur Satisfaction Coach Mentor 90

Startup Professionals Musings

MAY 10, 2020

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. The development stage normally begins with designing and prototyping a product or service, and creating the company legal entity. Startup and development stage. Funding and rollout stage.

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Ideas Entrepreneur Satisfaction Summary 127

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. By demonstrating positivity and mentoring, you can make collaboration and connecting with others a productive and enjoyable experience, rather than a burden. Face the worst and don’t panic.

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Training Resource Competition Satisfaction 86

Startup Professionals Musings

JANUARY 18, 2023

With pervasive access to social media, customers no longer differentiate poor product repair and replacement from a poor shopping experience or customer usage satisfaction. Start by hiring the right people, and providing the necessary training, coaching, and mentoring. This results in more profits and growth for you.

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Competition Services Custom Customer 109

Startup Professionals Musings

JUNE 5, 2022

He assures us that these apply to an external crisis that you have no control over, or an internal screwup, or just the kinds of growing pains that hit every company: Keep your focus on how to fix the problem. Look for a mentor, or expert in this area, and ask their advice. Get advice before jumping to conclusions.

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Develop Development Coach Satisfaction 138

Startup Professionals Musings

AUGUST 27, 2022

Dini, tied together several threads I have often seen in my own experience of mentoring and helping aspiring entrepreneurs. Only a few of these slide into farming, as the company grows in employees and products. Dini makes the case that entrepreneurs are hunters, while the rest of us (large majority) are farmers.

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Entrepreneur Marketing News Slides 124