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6 Success Stages Every Entrepreneur Idea Has To Pass

Startup Professionals Musings

It seems like everyone wants to be an entrepreneur and get rich these days. Ask some potential customers to see if there is real interest, and start thinking about price versus cost. Be wary of crafty shysters who will flood your mailbox with official-looking mail offering to help for a fee, or demanding fees you forgot to pay.

Ideas 136
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5 Challenges No Entrepreneur Anticipates In A Startup

Startup Professionals Musings

Every entrepreneur I know finds it a challenge to balance the joys of entrepreneurship against a set of frustrations they never anticipated. Of course, most of you expect that raising money will be difficult, as well as staving off competitors, and handling that occasional toxic customer.

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8 Keys To Surviving and Thriving In This New Economy

Startup Professionals Musings

Entrepreneurs and startups are big believers in innovation, but sometimes they forget that innovation must be continual to assure long-term success, rather than the one big-bang idea that initiated their journey. Get the right players on board and enable them to do great things. Recognize that customers care about the whole experience.

Metrics 102
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6 Growth Challenges That Every Good Startup Will Face

Startup Professionals Musings

Every entrepreneur thinks he can relax a bit after his business model is proven, funding is in place, and revenues are scaling as projected up that hockey-stick curve. Initially, all companies sell to customers who are the easiest to reach and most excited about the new product. Customer acquisition gets harder and more expensive.

Startup 106
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8 Strategies To Optimize Your Business Pace Of Change

Startup Professionals Musings

Entrepreneurs and startups are big believers in innovation, but sometimes they forget that innovation must be continual to assure long-term success, rather than the one big-bang idea that initiated their journey. Get the right players on board and enable them to do great things. Recognize that customers care about the whole experience.

Startup 138
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8 Keys To Attracting More Talent Than The Competition

Startup Professionals Musings

You need a faster and more flexible on-demand hiring strategy, based on the current gig-economy of remote freelancers, contract personnel, and specialists. Of course, as you work with contract players, explore the potential for a long-term relationship, and wait until your organization matures to pursue career positions.

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The 10 Worst Traits of Even the Great Entrepreneurs

Startup Professionals Musings

Does it really take a few flaws to make a great entrepreneur, or are the rest of us just confused about what a perfect business person is all about? The entrepreneur with the positive traits to calmly and patiently handle tough customers, vendors, and personnel situations, balancing all the issues, I would evaluate as a great one.