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The Benefits of Top-Down Thinking & Why it is Critical to Entrepreneurs

Both Sides of the Table

In billing we literally started thinking about all of the types of bills that would be generated for customers: full payment, partial payment, split payment, senior discount, student discount, level pay plan, etc. I had to understand their business requirements and document them all. I started by doing billing systems. WTF? . -

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TechStar Co-Founder @BFeld: Are We Experiencing A Startup Accelerator Bubble?

InfoChachkie

If you use the mentor-driven model that we pioneered at TechStars, you get entrepreneurs who are deeply connected with the broader entrepreneurial landscape. Many experienced entrepreneurs choose to go through an accelerator because of the network effect and the dynamics of the mentor help that they get.

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8 Strategies For Sustaining Momentum In Your Startup

Startup Professionals Musings

Every new business I know dreams of building momentum in their business, where growth continues to increase, customers become your best advocates, and employee motivation is high. Unfortunately, with limited resources, this isn’t possible, and it frustrates customers and the team. Focus first on finding more of the right customers.

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Who Should you Hire at a Startup?

Both Sides of the Table

And you can always bring on a senior person as a mentor / coach to help guide you personally to become a better sales leader until you’re ready for somebody more senior on your team. I was able to hire the former European head of sales for the largest document management player in the world. I shot as high as I could.

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6 Lessons Most Entrepreneurs Only Learn On The Street

Startup Professionals Musings

In my role as a mentor to aspiring entrepreneurs, I find that most have the technical challenges well understood, but many are a bit short on some basic street smarts , or basic business realities. It starts with documenting and communicating a real purpose and mission in terms everyone can get excited about.

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5 Early Entrepreneur Strengths That Can Limit Growth

Startup Professionals Musings

Once you are able to achieve some real “traction” with your business (paying customers, revenue stream), it may seem the time to relax a bit, but in fact this is the point where many founders start to flounder. The key is to make decisions from data and feedback, once your business has real customers and real products.

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5 Actions To Convince Your Boss You Are Accountable

Startup Professionals Musings

I often think of the scope of this example in my role as mentor to a struggling entrepreneur who is quick to blame his problems on employee mistakes, or even changing customer expectations. You are in the best position to take the initiative to address growth, emerging technologies, and changing customer needs.