Startup Professionals Musings

JANUARY 10, 2022

As a long-time mentor and advisor to new business owners, I can attest to both the need for mentoring, and the satisfaction that comes from watching an aspiring but tentative entrepreneur grow into someone capable of changing the world. Building relationships, and finding ways for a win-win, is what mentoring is about.

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Startup Professionals Musings

NOVEMBER 6, 2022

That is what business leadership is all about. Unfortunately, in mature companies, a larger and larger percentage of employees forget company survival and customers as the objectives, and focus only on their own personal gain. Minimizing risk will eventually cause any company to fail. Optimizing risk, not minimizing it.

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Startup Professionals Musings

NOVEMBER 7, 2012

According to one of my favorite authors, Brian Tracy, in his book “ The Power of Self-Discipline ,” happiness is not even a goal that you can aim at and achieve in and of itself, but it is a by-product that comes to you when you are engaged in doing something you really enjoy while in the company of people you like and respect. Self-esteem.

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Berkonomics

MARCH 11, 2021

Conversely, if less than ten percent say this, those companies or products would have a hard time getting traction in the marketplace. Using Sean again as a source, we might ask: “How did you discover our company?” Then “Have you recommended our company to anyone?” You’ll find more about this with a simple search.

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Startup Professionals Musings

FEBRUARY 3, 2021

As a long-time mentor to new entrepreneurs and business owners, I have noticed that many no longer associate more fulfillment and satisfaction with more money, power, and success. It seems that fulfillment to these new entrepreneurs is all about changing the world and legacy. Don’t wait for a crisis to decide what is important.

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Startup Professionals Musings

FEBRUARY 22, 2023

From all the rest, I often hear the complaints about lack of motivation, boring job assignments, and bad management. I always thought that I must be lucky to have found so much excitement and satisfaction from my work, so I never had any really good answers to those of you who second category who wanted to move to the first.

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Startup Professionals Musings

FEBRUARY 6, 2023

They ask me for a perspective on the pros and cons of that dream, the potential for increased satisfaction , and the probability of their long-term growth and success. Product-market fit (PMF) is all about value creation. For business solutions, it’s about expanding usage and renewing contracts.

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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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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. Thus my job as a small business advisor really is really more about getting you developed than perfecting the business.

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Startup Professionals Musings

JANUARY 4, 2021

After working many years in business, both in large companies as well as startups, I’ve realized that you can learn more from peers and mentors than from any formal education program. Long-term company success is all about having good leaders today, as well as tomorrow. Sharing through mentoring amplifies your satisfaction.

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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. We have all heard about the successes of flattened management organizations in the last decade at Facebook, Valve, Zappos, and others.

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Startup Professionals Musings

APRIL 3, 2020

According to Gallup surveys , job satisfaction for employees is at an all-time low. As a mentor to many aspiring entrepreneurs, I’m often asked what it takes to switch and get real satisfaction from this lifestyle. These are ones behind many of the modern game-changing companies, like Pinterest and Foursquare. Take action now.

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Startup Professionals Musings

MARCH 2, 2022

A key influencer of satisfaction and motivation, top-ranked by employees, is positive progress and the completion of meaningful work. Negative leader behaviors affect work satisfaction for everyone. Managing and motivating a team in a startup is more than just using the right interpersonal skills.

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Startup Professionals Musings

OCTOBER 1, 2021

Everyone seems to espouse extrinsic motivations, such as getting rich, having power, and fulfilling parent dreams, when in fact a focus on satisfying internal interests and desires will likely lead to more success, as well as satisfaction. Satisfaction of doing something great. Do it for meaning.

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Tech.Co

DECEMBER 4, 2020

has a history with Tony, as he became an investor in the company in 2013, and built a lasting friendship with us as the Tech.co Tony was also our neighbor for 8 years in downtown Las Vegas, where the company grew its homebase and hosted monthly events for locals and visitors from around the world, with Hsieh’s Downtown Project.

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Startup Professionals Musings

MAY 9, 2022

At work, all team members (everyone who gets paid for doing a job at the company) are on stage responsible for delivering a branded experience to coworkers and customers. Use a company-wide assessment at least twice a year to understand and remind the team to out-behave the competition. No more gamed employee satisfaction surveys.

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Xconomy

SEPTEMBER 26, 2019

Zingle, a startup whose software is used by hospitality, travel, and retail industries to more easily and quickly connect with their customers via messaging, has been acquired for about $42 million in cash by Medallia, a publicly traded software company in San Francisco. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Startup Professionals Musings

DECEMBER 20, 2020

More than ever before, people want to buy from, work for, and invest in companies that matter. Your company and team members have to be seen as going above and beyond to solve the problems of internal and external customers. Companies that matter focus beyond the buy/sell transaction view of the world.

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Startup Professionals Musings

SEPTEMBER 22, 2023

Train them fully, give them authority, make them accountable, and tie their pay to customer satisfaction. Companies with great service routinely spend 3% to 5% of salaries training team members – experienced as well as new. In the past, competitive advantage was all about economies of scale, advertising power, and service versus price.

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Startup Professionals Musings

JANUARY 6, 2023

As an advisor to business professionals and entrepreneurs, I often hear about an innovative new solution that could lead to business growth or a new business. It was no surprise to me that all the investors he approached were less than excited about his plan for growing a new and nutritious algae.

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Startup Professionals Musings

SEPTEMBER 29, 2021

In my experience as an employee, up to an executive, in large companies as well as small, I’ve found that people who are consistently negative and complain are a big constraint on productivity, as well as the most difficult management problem that most business leaders face. Administer regular morale and satisfaction surveys.

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Startup Professionals Musings

SEPTEMBER 23, 2022

She concludes from her work with many modern business leaders, including CEOs Bud Frankel (Frankel & Company) and Glen Tullman (7wire Ventures), that there are five pivotal decisions that propel certain entrepreneurs to be gifted leaders: The launching decision. It’s more fun when you are the entrepreneur leader you want to be.

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Berkonomics

JANUARY 3, 2019

Eighty percent of all businesses purchased by another company or by a new investor-operator fail to meet the stated expectations of the buyer after one year. Why would anyone acquire a company? With this rate of disappointment, why would anyone or any company purchase another? How about those less-experienced buyers?

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Berkonomics

JANUARY 3, 2019

Eighty percent of all businesses purchased by another company or by a new investor-operator fail to meet the stated expectations of the buyer after one year. Why would anyone acquire a company? With this rate of disappointment, why would anyone or any company purchase another? How about those less-experienced buyers?

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Startup Professionals Musings

NOVEMBER 5, 2021

Yet we have all heard stories about the high turnover, unstructured work environment, lower base pay, and unpredictable expectations from the top. It pays to be visible in any way that’s positive for the company. It could be managing the company picnic, or being the office “go-to” person for computer questions.

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Startup Professionals Musings

NOVEMBER 26, 2022

For example, Bill Gates founded and grew Microsoft, and Michael Dell built a great technology company, both with no outside funding until they went successful enough to go public years later and sell shares to common stockholders. Very few entrepreneurs I know have the patience and time to communicate to the satisfaction of all investors.

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Startup Professionals Musings

JANUARY 15, 2016

More than ever before, people want to buy from, work for, and invest in companies that matter. Your company and team members have to be seen as going above and beyond to solve the problems of internal and external customers. Companies that matter focus beyond the buy/sell transaction view of the world.

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Startup Professionals Musings

DECEMBER 12, 2021

But very few are talking about how to measure your results and return on investment (ROI), and the right metrics for optimizing your marketing environment. He suggests you begin with the “big three” business objectives of higher revenue, reduced costs, and improved customer satisfaction. Get attention and reach your audience.

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TechCrunch LA

SEPTEMBER 21, 2019

Before that, I wrote about Stripe’s grand plans. Landline , the operator of a bus network in the Midwest, is one of the latest companies to raise venture capital. The company is actually based out of LA, too, but has completed its initial launch in Minnesota, where there’s greater demand for short-term bus travel.

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Startup Professionals Musings

AUGUST 7, 2019

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. Take satisfaction from a couple of simple wins every day. Most people are happiest when they are feeling smarter about their job.

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Startup Professionals Musings

JANUARY 30, 2022

In fact, it’s all about the “focus” required to get early stage technology products across the deadly chasm from early adopters to mainstream customers. The result is that customer satisfaction in unachievable or at least very expensive. Everyone in the business world has heard of the classic bestseller by Geoffrey A.

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Startup Professionals Musings

FEBRUARY 19, 2020

In my business of mentoring new entrepreneurs and advising small company owners, I recognize that most don’t start as experienced leaders, and most don’t realize that people leadership is a primary key to their future success. Building a business is not a one-person job, and leading by edict rarely works today.

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Startup Professionals Musings

NOVEMBER 25, 2022

He went on to start many successful companies, including General Electric. You will learn to recognize that some friends and colleagues are always downers, and get their satisfaction from snuffing out your aspirations through negative thinking. Don’t let anyone kill your dreams and passion.

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Startup Professionals Musings

SEPTEMBER 25, 2022

Entrepreneurs often complain about the amount of time wasted in meetings, because one of the team members just wants to be heard, or feels that what he or she has said is not valued. Office politics are really about self-interest and self-esteem. The most-used workplace training programs are really about matters of the heart.

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Startup Professionals Musings

APRIL 23, 2023

Even the hot new crowdfunding companies carefully don’t talk about their record of returns to investors. Look for these and investigate thoroughly to check the truth of every statement about the company. Ask for references, and call or visit previous “successes” of the company to verify experience and satisfaction.

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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. Relish being a “jack of all trades,” rather than expert. There are no startup expert roles.

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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. More and more customers choose a company based on their perceptions about the good that they do, as well as the price and service.

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