Startup Professionals Musings

NOVEMBER 11, 2020

An occasional discussion with a mentor won’t do it. Here is where you learn to listen and communicate with people and customers. The place – finding a community where you can thrive. Everyone needs a place with the right people, connections, and environment to nourish your dreams.

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Startup Professionals Musings

JUNE 15, 2012

Mentors tell you what you need to hear. When the message is the same from both, you don’t need the mentor anymore. In that sense, you should think of a mentor more like your advisor who has done all he can. Also don’t confuse a business mentor with a business coach. Unless you know these things, no one can help you.

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Startup Professionals Musings

JULY 8, 2022

Today more than ever, the evidence is clear that business people need to find and communicate a purpose that goes beyond making a profit, in order to ensure customer engagement, as well as your own, and drive results in the marketplace. Everyone needs to understand what drives you, and how they can help you achieve your purpose.

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Technical Review Coach Mentor Customer 143

Startup Professionals Musings

JULY 28, 2021

High scoring leaders seek and positively respond to feedback from three critical groups: peers, customers, and direct reporting team members. Find and enjoy the company of one or more mentors. The leadership benefits of mentoring start in childhood, but are just as important at the mature CEO level.

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Startup Professionals Musings

APRIL 13, 2011

Mentors tell you what you need to hear. When the message is the same from both, you don’t need the mentor anymore. In that sense, you should think of a mentor more like your advisor who has done all he can. Also don’t confuse a business mentor with a business coach. Unless you know these things, no one can help you.

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Startup Professionals Musings

MARCH 22, 2019

Image via Pixabay Everyone has heard about the big potential for using artificial intelligence (AI) to expand your business, but many of the small businesses I mentor are still wary of embracing it, because they don’t understand how it works, and fear losing control and unintended consequences. Human employees and customers still need roles.

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Startup Professionals Musings

FEBRUARY 3, 2021

As a long-time mentor to new entrepreneurs and business owners, I have noticed that many no longer associate more fulfillment and satisfaction with more money, power, and success. In fact, customers today also seem more attracted to companies with a higher purpose than profit. Assemble a complementary support team to help you.

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Both Sides of the Table

OCTOBER 26, 2020

and of course a relentless pursuit of helping founders succeed. So mostly we just had to listen to customer feedback from founders, VCs and LPs. She took an operating role helping run Citysearch and Urbanspoon. Leadership is about recognizing your next generation of talent and helping lift them up. Wait, What About Yves?

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Venture Capital Startup Invest CitySearch 361

socalTECH

NOVEMBER 2, 2017

com) � backed by local investors Rincon Venture Partners and Bonfire Ventures�is helping to solve that problem, with its career pathing software designed for helping employees at large enterprises figure out what's next. It helps you figure out what you can do in a business, what roles are available, what might be my future here.

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Both Sides of the Table

APRIL 19, 2011

A friend helped him get out of this situation and changed Matt’s life forever. Get connected to the right mentors and your business may catapult to the next level. I figured if Matt was on the verge of bankruptcy and one mentor changed his trajectory, what if we had a formalized, community-wide program? The answer?

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Startup Professionals Musings

AUGUST 3, 2022

You may focus only on Facebook, and missing customers who expect to see you on Instagram and YouTube. Get interactive with online users and customer feedback. Publishing your content is positive, but responding to customers online multiplies your impact. Sponsor customer events for visibility and giveaways.

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Startup Professionals Musings

MAY 20, 2020

For example, if you as an entrepreneur come across as arrogant or too casual, many people you need to deal with in business, including investors, suppliers, and customers, will run the other way. Recognize natural leaders and seeks help from them. Shares views and learns from a personal mentor.

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Startup Professionals Musings

JULY 30, 2022

Based on my own mentoring and investing experience, the best entrepreneurs are pragmatic problem solvers. If you can explain the problem to a mentor, or even write it down, you will more likely get to the root cause quickly, and avoid emotional and blame-infused responses. Explore solutions, outcomes, and options calmly.

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Both Sides of the Table

FEBRUARY 26, 2016

The “what” is well known in LA circles – Troy discovered a little known young singer named Stefani Joanne Angelina Germanotta aka Lady Gaga and helped her launch her career. That is PRECISELY what Shep Gordon said he did to help Alice Cooper break out two decades before.

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Startup Professionals Musings

FEBRUARY 16, 2018

The market is changing so fast these days, and if you are not planning a solution today for tomorrow’s customers, you may be setting yourself up for failure and don’t even realize it. There are many free generalized tools, including Google Trends , which can be used to track customer behavior in looking for things that don’t exist yet.

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Startup Professionals Musings

SEPTEMBER 23, 2020

Mark Zuckerberg, while still in school, tested the viability of his “ FaceMash ” technology as a business by rolling it out to other students at Harvard as customers. He learned quickly that several pivots were required for business, legal, and customer acceptance reasons. Take advantage of free startup programs and mentors.

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Startup Professionals Musings

OCTOBER 4, 2017

The challenge in to know when and how to ask for help, and not let bravado and ego mask anxieties. The best people know when they don’t know, and know how to find the right help. Unfortunately, too many entrepreneurs I know are terrible at finding and accepting help. Seek help or get out. You start playing the blame game.

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Startup Professionals Musings

FEBRUARY 27, 2023

Most aspiring entrepreneurs look to their alma mater, or any university, as a source of classes that can help them, but neglect to think outside the box or take advantage of all the other resources to be found there. Get help with grant funding and incubator resources. Access to entrepreneurs-in-residence, business mentors.

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socalTECH

APRIL 10, 2018

What is Startup Boost , and how is it looking to help early stage startups in Los Angeles? It's a term to help people understand that we're here to help companies get ready to scale. We do that by galvanizing the community to help out. They're willing to give their time, a few hours a week, to help out startups.

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Startup Professionals Musings

AUGUST 30, 2023

Listen to your team, mentors, and customers to recognize real successes and failures, and surround yourself with people who can fill in the gaps. Allocate your time and resources to customer expectations and competitor challenges. We all have strengths and weaknesses. Celebrate even small wins to keep yourself motivated.

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Startup Professionals Musings

NOVEMBER 13, 2022

Among other things, he outlines some of the popular assessment tools that I also often recommend as a mentor to entrepreneurs, including the following: MBTI (Myers-Briggs Type Indicator). It can also help you better relate to others and become more self-aware. Gallup's Clifton Strength Finder. The creator, Dr. Donald O. Career Key.

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Startup Professionals Musings

OCTOBER 17, 2016

A few are still trying to make a profitable business out of nurturing startups, but it’s a challenge to make money when your customer startups don’t have many resources to give. Mentoring and technical assistance from volunteer or paid experts. Direct seed funding, for a share of the equity, and introductions to investors.

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Incubator Startup Help Resource 106

Startup Professionals Musings

MARCH 22, 2023

There are many components of an ownership thinking strategy, but here are some of the key ones from my own perspective, as a mentor and advisor to aspiring entrepreneurs and new business owners: Willing to take smart risks which lead to long-term growth. More new, repeat, and loyal customers means career success.

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Startup Professionals Musings

AUGUST 17, 2022

During my many years of mentoring professionals and entrepreneurs in business, I more often see people focusing on how to get their ideas heard , than how to promote themselves. Take full advantage of every mentoring and coaching opportunity, and network with peers both inside and outside the company.

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Startup Professionals Musings

AUGUST 18, 2021

But privately, as a mentor to many entrepreneurs, I see mindsets and attributes that may be equally critical to success, but are not readily admitted, for fear of being too wacky. Don’t look to customers for breakthrough ideas. Advanced degrees won’t help you run your startup. Being the boss is a big burden and not much fun.

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Startup Professionals Musings

JUNE 18, 2021

You need to have business relationships with team members, investors, customers, and a myriad of other support people. If you are active in helping others with what you know, they will be much more open to help you when you need it. Nominate someone as your mentor. You can’t win as an entrepreneur working alone.

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Startup Professionals Musings

DECEMBER 10, 2022

In my own experience as a startup advisor and mentor, I find that entrepreneurs who can’t attract and maintain a highly motivated team rarely even get off the ground. Yet many managers unintentionally de-motivate their team by being too busy with business challenges to communicate, understand, or help people. Start today.

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Startup Professionals Musings

MAY 22, 2023

Both authors are recipients of numerous academic and management awards for leadership thinking, and I will summarize here their key strategy insights, combined with my own experiences: Lead with a focus on finding customer value. Aim high to build a better world for customers. Don’t confuse the means with the ends.

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Capital Netflix Resource Customer 142

Startup Professionals Musings

NOVEMBER 20, 2012

Many entrepreneurs forget that their success is more about helping other people than about personally becoming famous, or overcoming the odds and getting rich. A successful business has to satisfy customers with a strong team, by helping them solve problems, save money, or experience more pleasure. Build your people.

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Startup Professionals Musings

MARCH 23, 2022

Many of you business leaders I work with, and entrepreneurs I mentor, have a great strategy and an innovative solution , but struggle with building and motivating the team necessary to run your business. This created a connection with both his team and customers. You really need their insights and customer interaction feedback.

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Startup Professionals Musings

FEBRUARY 12, 2021

For example, Elon Musk says he seeks out innovations from his team by constantly asking them how they can make things better, how often they get out of internal meetings and into customer shops, and actively encouraging them to try new things. Spend more time mentoring and coaching your team.

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Tips Satisfaction Coach Mentor 159

Startup Professionals Musings

APRIL 9, 2021

In these days of rapid change, the pandemic, and worldwide competition, you need to make sure your entire team is customer-focused, innovative, and always looking around the corner for the next big thing. Find folks who are customer-centric and sensitive to competition.

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Startup Professionals Musings

SEPTEMBER 22, 2022

Great marketing is required to generate revenue and grow every business, especially new businesses which have no brand recognition nor loyal customer base. Yet, as a business consultant, I still find many of you business leaders relying primarily on your technology, word-of-mouth , or location to attract necessary customers.

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Startup Professionals Musings

SEPTEMBER 15, 2023

Many people believe that new ideas are the critical element of innovation, but in my experience as a mentor and investor, long-term business success is more about implementation than ideas. Purpose defines the feeling that everyone wants to have from helping others and doing good for the world.

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Artificial Inteligence Ideas Satisfaction Customer 114

Startup Professionals Musings

MAY 23, 2021

Others are really marketers out to make money fast, and believe that they can entice customers to any offering. Ultimately, most get the best help from business advisors and mentors. External forces (competitors and customers). Some just want to change the world and make it a better place. Some are very positive.

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Startup Professionals Musings

JANUARY 25, 2019

As an advisor to technical entrepreneurs, the most common mistake I see is the “If we build it, they will come” approach with no sales plan, under the assumption that the technology is so spectacular that customers will buy the product. Effective value propositions are quantified and personalized for each customer or target segment.

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Startup Professionals Musings

JULY 29, 2023

Ask for help from advisors and mentor your team. People don’t usually need to ask for help with their dreams, but no entrepreneur I know has built a successful business alone. Don’t let your pride or fear keep you from seeking the help that you need. They enjoy the journey, as well as the destination.

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