Remove Competition Remove Help Remove Mentor Remove Study
article thumbnail

Don’t Underrate The Value Of A Startup Plan Document

Startup Professionals Musings

Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan, or none at all. Don’t try to impress constituents with technical terms, jargon, and acronyms.

Startup 102
article thumbnail

7 Keys To Heightening Your Business Team Engagement

Startup Professionals Musings

I was shocked to read an old Gallup study that indicates only 13 percent of employees worldwide are actively engaged at work, and more recent data shows only a small change in the right direction. Yet many managers unintentionally de-motivate their team by being too busy with business challenges to communicate, understand, or help people.

Examples 145
Insiders

Sign Up for our Newsletter

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

article thumbnail

8 Key Principles Applied By The Best Business Leaders

Startup Professionals Musings

Maybe starting a new business isn’t your passion, but in these days of rapid change, where everyone is dealing with uncertainty, I believe that thinking and acting like entrepreneurs will help you get ahead in any profession. Brown, who has been studying and writing about business leaders for many years for Forbes, BusinessWeek, and Inc.

article thumbnail

Here Is When Your New Business Needs A Written Plan

Startup Professionals Musings

Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan, or none at all. Don’t try to impress constituents with technical terms, jargon, and acronyms.

Sample 137
article thumbnail

7 Keys To Redefining A Challenge Into An Opportunity

Startup Professionals Musings

We all face pressure in our lives, but there’s nothing like that of an entrepreneur facing customer crises and the competitive challenges of a new business. Thus, here is my own reframing of the authors generalized rules into some specifics for an entrepreneur or business leader: Reframe competitive threats to opportunities.

article thumbnail

8 Practices Common To The Greatest Leader Role Models

Startup Professionals Musings

Measure by relationships as well as competitiveness. They mentor protégés on talent spotting, creativity, and motivation as well as strategy. This is a win-win approach, since it often helps people accomplish more than they ever thought possible. Good connections and team building are the keys to success.

Oracle 94
article thumbnail

6 Benefits of Outsourcing and Freelancing In Startups

Startup Professionals Musings

Many entrepreneurs I have mentored make big mistakes in this area, by hiring low-cost friends and family, with minimal skills or training, and expecting them to have the same work ethic , passion, and business knowledge as the founder. In addition, you can reduce to soft costs of mentoring, relationship building, and socializing.

Outsource 123