article thumbnail

6 Mistakes Often Made By Entrepreneurs Due To Passion

Startup Professionals Musings

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. Blockbuster failed to recognize that their industry had fundamentally and permanently changed, and even NetFlix has struggles with the same issue, as video streaming takes over. But I’m not convinced that it’s as simple as that.

article thumbnail

5 Practices For Developing A World-Class Startup Team

Startup Professionals Musings

These include companies across multiple industry spectrums, notably NetFlix in entertainment, AirBnB in hospitality, and Whole Foods for groceries. Building and managing teams along the new lines outlined is not easy, and that’s why it’s a real competitive advantage when you do it.

Class 155
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 Negative Reactions To New Ideas And How To Prevail

Startup Professionals Musings

In many cases, the ideas may be small ones, such as starting a promotion to kick-start sales on a stalled item, or suggesting a huge strategy move to acquire Netflix and supplement an already healthy Blockbuster DVD rental business. Your idea has unpredictable negative side effects.

Ideas 116
article thumbnail

6 Ways To Doom Your Startup Despite A Great Solution

Startup Professionals Musings

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. Blockbuster failed to recognize that their industry had fundamentally and permanently changed, and even NetFlix has struggles with the same issue, as video streaming takes over. But I’m not convinced that it’s as simple as that.

Startup 124
article thumbnail

Silicon Beach at USC 2013 | Entrepreneurial Inspiration

Tech Zulu Event

The second annual USC Silicon Beach event, hosted by the four professional schools at USC, featured a pitch competition and a conference filled with informational panels and interviews. Startup Pitch Competition. I tried to treat it as a learning experience and refined my pitch for this competition.”.

USC 98
article thumbnail

5 Keys To Boosting The Performance Of A Business Team

Startup Professionals Musings

These include companies across multiple industry spectrums, notably NetFlix in entertainment, AirBnB in hospitality, and Whole Foods for groceries. Building and managing teams along the new lines outlined is not easy, and that’s why it’s a real competitive advantage when you do it.

Netflix 77
article thumbnail

Don’t Let Your Business Be A Dead Startup Walking

Startup Professionals Musings

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. Blockbuster failed to recognize that their industry had fundamentally and permanently changed, and even NetFlix has suffered from the same issue, as video streaming takes over. But I’m not convinced that it’s as simple as that.

Startup 105