Startup Professionals Musings

AUGUST 18, 2014

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Product 101

Product Entrepreneur Summary Activity 101

Startup Professionals Musings

AUGUST 1, 2012

The real solution is better productivity and less procrastination, to put you back in control of your business. Jan Yager, a recognized expert on the subject of time management, just released a new edition of her most popular book, “ Work Less, Do More: The 14-Day Productivity Makeover.” Rest makes you more productive.

Product 117

Product Entrepreneur Email Customer 117

Startup Professionals Musings

SEPTEMBER 14, 2019

In my years of mentoring entrepreneurs, a problem I have seen too often is low self-esteem, and over-compensating through arrogance and ego. These entrepreneurs find it hard to respect customers or team members, and their ventures usually fail. Identify and redirect unhealthy competition and comparisons.

Entrepreneur 98

Entrepreneur Startup Satisfaction Competition 98

Startup Professionals Musings

DECEMBER 7, 2019

I suspect it’s a function of pride and confidence in my own problem solving abilities, but my hesitation has definitely cost me time and money. Thus, in my consulting with entrepreneurs, I always encourage them to get more comfortable asking for help. Of course, there are good ways and bad ways to ask for help.

Help 123

Help Entrepreneur Course IBM 123

Startup Professionals Musings

MAY 2, 2022

Most of the entrepreneurs and business owners I work with recognize that they must occupy and practice a primary leadership position , but many will admit that they are not thriving in this role. Embrace the real you as your competitive advantage. This is a tough challenge for every coach and mentor.

Entrepreneur 90

Entrepreneur Satisfaction Coach Mentor 90

Startup Professionals Musings

MAY 29, 2011

Why is it that most of the business plans I see are really product plans? I define a product plan as a detailed description of your product or service, with a bit of business thrown in at the end. A business plan is a detailed description of your business, with a bit of product description thrown in near the front.

Product 93

Product Entrepreneur Outsource Development Competition 93

Startup Professionals Musings

DECEMBER 21, 2013

Startups are usually so focused on selling more of their branded product or service to their own customer base (organic growth) that they don’t consider the more indirect methods (non-organic growth) of increasing revenue and market share. acquisitions business entrepreneur growth mergers organic growth' Fresh customer base.

Organization 97

Organization Competition Startup Acquisition 97

Startup Professionals Musings

JULY 30, 2023

Most entrepreneurs relish being their own boss, but find the transition to “ownership thinking” to be more difficult than anticipated. Incidentally, if you never thought of yourself as being an A-Player employee, you probably will struggle even more in the competitive entrepreneur world.

Entrepreneur 85

Entrepreneur Customer Custom Competition 85

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. These entrepreneurs find it hard to respect customers or team members, and their ventures usually fail. Identify and redirect unhealthy competition and comparisons.

Startup 101

Startup Satisfaction Entrepreneur Competition 101

Startup Professionals Musings

NOVEMBER 9, 2020

Most entrepreneurs relish being their own boss, but find the transition to “ownership thinking” to be more difficult than anticipated. Incidentally, if you never thought of yourself as being an A-Player employee, you probably will struggle even more in the competitive entrepreneur world.

Entrepreneur 159

Entrepreneur Customer Custom Competition 159

Both Sides of the Table

SEPTEMBER 23, 2010

I thought I’d try to look at it from a different lens, that of the entrepreneur. As an entrepreneur you should assume that. Have you looked at competition? How well financed is the competition? When I was fund raising for my second company we had agreed a company-wide deal with Salesforce.com to use our product.

Pricing 292

Pricing Entrepreneur Technical Review Venture Capital 292

Berkonomics

MARCH 5, 2020

In the creation of a young company, there are five principal risks to be addressed by the entrepreneur. So, it is important for the entrepreneur to identify, address and mitigate each of these in order to increase valuation and decrease the risk of ultimate loss of the business. First: Product risk. . Second: Market risk. .

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Startup Professionals Musings

OCTOBER 15, 2022

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. Some entrepreneurs love to talk and produce videos, but hate to write anything down. There is no room in this realm for negativism, excuses, or lack of confidence.

Entrepreneur 111

Entrepreneur Social Media Patents Mentor 111

Startup Professionals Musings

MAY 14, 2021

As an advisor to new business owners, I’m accustomed to seeing primarily the simple traditional product pricing strategies , usually driven by competitor prices, or cost plus a reasonable margin. I often wonder whether you as the entrepreneur have worked as hard on your pricing strategy as you have on your innovative solution.

Pricing 145

Pricing Startup Competition Examples 145

Startup Professionals Musings

MARCH 4, 2015

In my years of mentoring entrepreneurs, a problem I have seen too often is low self-esteem, and over-compensating through arrogance and ego. These entrepreneurs find it hard to respect customers or team members, and their ventures usually fail. Identify and redirect unhealthy competition and comparisons.

Entrepreneur 102

Entrepreneur Startup Satisfaction Competition 102

Startup Professionals Musings

MAY 8, 2016

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Product 55

Product Startup Summary Entrepreneur 55

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

Both Sides of the Table

JANUARY 12, 2010

I recently wrote a post about avoiding the “ Deferred Life Plan &# and some related thoughts about personal productivity that came from Tim Ferriss’s book, The Four Hour Workweek. I would love to say that I’m the productivity guru. Tim Ferriss gave this extra emphasis in his book.

Product 280

Product Startup Email Technical Review 280

Startup Professionals Musings

DECEMBER 25, 2013

Yet there will be some entrepreneurs can’t seem to make the decision to take a break. They forget that they probably became entrepreneurs, according to the recent DNA of an Entrepreneur study, for just this flexibility. Entrepreneurs love the continuous challenges of a startup, and the satisfaction of tackling them.

Entrepreneur 101

Entrepreneur Startup Satisfaction Study 101

Startup Professionals Musings

NOVEMBER 18, 2016

When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. The most elegant products have the highest price tags, thus limiting market size.

Product 95

Product Case Study Customer Custom 95

Startup Professionals Musings

OCTOBER 7, 2023

Every entrepreneur I know can’t find enough hours in a day to do the good things they want, and yet they often find themselves saying yes to new requests. In addition to saying yes too often, some entrepreneurs under pressure say no poorly, by attacking the requestor or by avoiding any definitive response.

Startup 117

Startup Entrepreneur Tips Conference 117

Both Sides of the Table

SEPTEMBER 10, 2021

By definition?—?I’m And there is so much money around being thrown at so many entrepreneurs that many firms don’t even care about board seats, governance rights or heaven forbid doing work with the company because that would eat into the VCs time needed to chase 5 more deals. Are we in a bubble?”

Venture Capital 471

Venture Capital Writing Invest Pricing 471

Startup Professionals Musings

AUGUST 7, 2015

When pitching to investors, entrepreneurs always seem to start with a customer pitch, then add a slide or two about the business. Remember, investors are buying into the business, not the product. Investors are business experts, while the entrepreneur is more likely the product expert.

Product 103

Product Slides Customer Custom 103

Startup Professionals Musings

AUGUST 9, 2023

When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. The most elegant products have the highest price tags, thus limiting market size.

Case Study 89

Case Study Customer Custom Study 89

Startup Professionals Musings

APRIL 27, 2022

Entrepreneurs are now measured against the “triple bottom line” (TBL or 3BL) of people, planet, and profit. How does any entrepreneur define the right balance, and then measure their performance against real metrics? Many young entrepreneurs seem to think that capitalism and making profit are dirty words.

Startup 110

Startup Entrepreneur Capital Examples 110

Startup Professionals Musings

SEPTEMBER 20, 2023

Starting an entrepreneurial business, or maintaining the competitiveness of a mature business, requires innovation. As a starting point, I like the Wikipedia simple definition of innovation as “the application of better solutions to meet new requirements or market needs.” Thinkers cramp” and “organization cramp” limit innovation.

Organization 94

Organization Ideas Technical Review Research 94

Startup Professionals Musings

NOVEMBER 12, 2022

As an angel investor and a mentor to entrepreneurs I still see this every day. Since language and implication have changed a bit since then, I’ll restate Carnegie and Hill’s original principles here, with my own current-day commentary and recommendations added: Definiteness of purpose. Applied faith. Personal initiative. Enthusiasm.

Technical Review 119

Technical Review Ideas Entrepreneur Customer 119

Startup Professionals Musings

JULY 4, 2016

For all entrepreneurs, starting a business is the route to “life, liberty, and the pursuit of happiness,” no matter how risky. According to an old article and poll by Startups.co.uk , having the independence to make your own decisions is considered the key benefit of being an entrepreneur. Beat the competition and discover yourself.

Entrepreneur 55

Entrepreneur Startup Satisfaction Competition 55

Startup Professionals Musings

DECEMBER 25, 2012

Yet there will be some entrepreneurs can’t seem to make the decision to take a break. They forget that they probably became entrepreneurs, according to a recent DNA of an Entrepreneur study, for just this flexibility. Entrepreneurs love the continuous challenges of a startup, and the satisfaction of tackling them.

Entrepreneur 93

Entrepreneur Startup Satisfaction Study 93

Startup Professionals Musings

DECEMBER 6, 2014

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. Some entrepreneurs love to talk and produce videos, but hate to write anything down. There is no room in this realm for negativism, excuses, or lack of confidence.

Entrepreneur 107

Entrepreneur Angel Social Media Patents 107

Startup Professionals Musings

NOVEMBER 15, 2020

When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. The most elegant products have the highest price tags, thus limiting market size.

Case Study 174

Case Study Startup Customer Custom 174

Startup Professionals Musings

AUGUST 20, 2012

Why is it that most of the business plans I see are really product plans? I define a product plan as a detailed description of your product or service, with a bit of business thrown in at the end. A business plan is a detailed description of your business, with a bit of product description thrown in near the front.

Product 92

Product Outsource Development Competition High Tech 92

Startup Professionals Musings

OCTOBER 25, 2015

As an angel investor and a mentor to entrepreneurs I still see this every day. Since language and implication have changed a bit since then, I’ll restate Carnegie and Hill’s original rules here, with my own current-day commentary and recommendations added: Definiteness of purpose. Applied faith. Personal initiative. Enthusiasm.

Entrepreneur 108

Entrepreneur Ideas Customer Custom 108

Startup Professionals Musings

JANUARY 13, 2020

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. Some entrepreneurs love to talk and produce videos, but hate to write anything down. There is no room in this realm for negativism, excuses, or lack of confidence.

Entrepreneur 126

Entrepreneur Social Media Patents Mentor 126

InfoChachkie

AUGUST 4, 2014

In fact, for the past 27-years, he has specialized in bringing exotic travel destinations to those of us who are healthy and active but whose competitive sporting days are long behind us. If you could share one startup lesson with a young entrepreneur, what would it be? Ever fantasized about climbing Mt. but we don''t.

Entrepreneur 187

Entrepreneur Startup Social Media Resource 187

Startup Professionals Musings

DECEMBER 28, 2022

As an entrepreneur, you should treat gossip among the members of your team as a reduction in productivity at best, and at worst, an indication of unhappy, un-empowered, or non-collaborative employees. Good gossip, as opposed to the malicious kind, some argue, might promote camaraderie and accountability on the team. Marty Zwilling.

Product 93

Product Entrepreneur Competition Research 93

Startup Professionals Musings

MAY 23, 2013

One of the toughest decisions for a startup is how to price their product or service. Obviously, it must be grounded by the characteristics of the market and customers you choose to serve, the pricing model of existing competitors, and a strategy you believe is consistent with your future products and direction. Product line pricing.

Pricing 116

Pricing Product Customer Custom 116