Startup Professionals Musings

NOVEMBER 15, 2019

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. Data, however, removes guesswork, biases, and anecdotal reasoning that can throw decision efforts off course.

Metrics 98

Metrics Tool Statistics Entrepreneur 98

Startup Professionals Musings

AUGUST 15, 2018

When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Either could improve the statistic that half of startups fail within the first five years. So why do most startups fail?

Startup 56

Startup Entrepreneur Statistics Course 56

Startup Professionals Musings

JULY 3, 2015

For financial reasons alone, an IPO is a statistically rare phenomenon, happening just 275 times in 2014 , out of almost 500,000 startups. As an advisor and mentor to startups, I try to make sure entrepreneurs understand both the pros and cons of an IPO as an exit strategy.

Entrepreneur 98

Entrepreneur Startup Report Statistics 98

Startup Professionals Musings

MAY 10, 2014

When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Either could improve the statistic that most startups fail within the first five years. So why do most startups fail?

Startup 110

Startup Entrepreneur Statistics Course 110

Startup Professionals Musings

AUGUST 3, 2016

When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Either could improve the statistic that most startups fail within the first five years. So why do most startups fail?

Startup 58

Startup Entrepreneur Statistics Course 58

Startup Professionals Musings

DECEMBER 10, 2017

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. Data, however, removes guesswork, biases, and anecdotal reasoning that can throw decision efforts off course.

Tool 53

Tool Entrepreneur Statistics Metrics 53

Startup Professionals Musings

MAY 13, 2016

They don’t realize that according to statistics from Startup.co , almost 60 percent are funded with personal savings and credit, and another 25 percent get their money from friends and family. There is a good chance that business advisors and mentors also have access to investment capital, or know someone who does.

Startup 61

Startup Entrepreneur Statistics Funding 61

Startup Professionals Musings

NOVEMBER 11, 2013

Based on my experience as a mentor and an entrepreneur, if you fail on your first startup, you are about average. Statistics show that the failure rate for new startups within the first 5 years is higher than 50 percent. Statistics show that the failure rate for new startups within the first 5 years is higher than 50 percent.

Startup 100

Startup Ideas Entrepreneur Resource 100

Startup Professionals Musings

OCTOBER 1, 2012

Based on my experience as a mentor and an entrepreneur, if you fail on your first startup, you are about average. Statistics show that the failure rate for new startups within the first 5 years is as high as 50 percent. Of course, a real entrepreneur always takes a failure as a milestone on the road to success.

Entrepreneur 109

Entrepreneur Ideas Resource Statistics 109

Startup Professionals Musings

JANUARY 20, 2017

No single person knows enough to solve every problem in a business, so the best business executives are always anxious to listen and learn from others, especially mentors and customers. Of course, leaders need to encourage this action by making their objectives clear and rewarding results rather than effort. Never makes excuses.

Funding 55

Funding Satisfaction Customer Custom 55

Both Sides of the Table

AUGUST 5, 2018

Moonves was seen as a leader and somebody who built careers and was a mentor and a champion to many. Each and every time I’ve seen a serious accusation at a company I’ve hired an investigator and on my small, not-statistically-significant sample set so far it’s been 50% validated and 50% invalidated.

Report 177

Report Mentor Startup Journal 177