Remove Competition Remove Mentor Remove Metrics Remove Organization
article thumbnail

7 Keys To Keeping Your Business Agile And Competitive

Startup Professionals Musings

He lived the philosophy that companies must be paranoid in order to survive, and continually disrupt their own markets to prevent overrun by competition. That means making sure you are utilizing coaching and mentoring, as well as training to keep up with changes in technology and the marketplace.

article thumbnail

Why You Need Tools And Analytics For Employee Metrics

Startup Professionals Musings

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Bigger organizations should invest in the new “big data” tools. Subjectively measuring employee engagement.

Metrics 98
Insiders

Sign Up for our Newsletter

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

article thumbnail

5 Business Growth Drivers Facilitated By A Co-Founder

Startup Professionals Musings

Thus, in my mentoring of potential technical entrepreneurs who have a real passion for their technology, I often recommend that they find a co-founder who can manage the marketing and execution elements of the new venture. Ability to organize and motivate individuals into teams. Balance of passion with reality and customer feedback.

Mentor 133
article thumbnail

10 Strategies To Avoid Bad Risks In Your New Venture

Startup Professionals Musings

Many risks can be managed or calculated to improve growth or provide a competitive edge, while others, like skipping quality checks to save money, are recipes for failure. Use metrics to measure results of marketing initiatives. There is an old saying that good lawyers run away from risk, while good businessmen run towards risk.

Resource 121
article thumbnail

7 Risks Of Not Leveraging Team Member Data Analytics

Startup Professionals Musings

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Bigger organizations should invest in the new “big data” tools. Subjectively measuring employee engagement.

Tool 121
article thumbnail

8 Personal Objectives That Should Drive A New Startup

Startup Professionals Musings

Assess who you can get for value and mentoring. You may be comfortable driving your future based on vision and emotion, or have long been a stickler for details and metrics. Be proactive to set up the required organization, groom the right people, and enjoy the success of your labor, rather than be disappointed.

Startup 94
article thumbnail

10 Signals That You Can Be A Trusted Business Leader

Startup Professionals Musings

Unfortunately, many aspiring leaders I mentor are not aware of the signals people are looking for, or are not attuned to the subtleties of their own actions. Mistrustful leaders and organizations are preoccupied with keeping people from doing their worst. Define metrics to measure what you want to achieve.

Mentor 98