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Or read the quick, informative summary below the image! 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? Here’s a summary of our interview.
YOU Selling – My wise old friend & mentor, Ameet Shah, once told me after a meeting we had with clients (when I worked at Accenture), “there are two ways to run a meeting: asking or telling. Let’s assume you run a Customer Support software company. But how to apply “listening&# in a sales meeting?
I admit that I haven’t yet read it but I’ve had numerous discussions with Brad over the years about board structure & conduct and consider him a mentor on the topic. So we first turned to solve the question of how to better meet the needs of our growing customer base of large brands and media companies. Mentorship.
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. You now have many bosses, including partners, investors, and customers.
I saw a good summary of the most effective ways to source prospective investors in a classic book, “ The Art of Startup Fundraising ,” by Alejandro Cremades, who has been there and done that, both as an entrepreneur and an investor. Identify customer executives who need your solution. Reach out to your biggest fans for investor leads.
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.
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. As you grow, so will your team and customers. Driven to reduce personal hardship and suffering.
As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. In a two-minute video clip, you can introduce yourself, show your passion and the engaging personality you need to win over customers, partners, and employees.
You need to step out of your comfort zone to socialize, meet new people, and collaborate with peers, company leaders, and mentors. Internally, you may need a video summary report of monthly value. Seek expert mentors and always evaluate feedback. Use the same mindset with new team members and customers.
I recall a good summary of how to motivate and train a team to accomplish this in the classic book, “ The Business of Creativity: How to Build the Right Team for Success ,” by Keith Granet. A single marketing coordinator can accelerate your efforts by being the coach and mentoring key members of the team on soft marketing.
Or, as always, summary notes available below. But, in fact, I would rather have an executive summary than a pitch deck. And I would rather, even before the executive summary, have something to play with (a demo)…” It falls in the category of show don’t tell. Huge thank you to Steve De Long for the write up.
As a mentor to aspiring entrepreneurs, I often feel the frustration of someone trying to build a startup in the wrong place and time, and wrongly attributing their struggle to personal limitations. You need partners, mentors, and investors who can complement your own resources to make it a win-win for all involved.
As a mentor and advisor to entrepreneurs and startups, and an angel investor, my passion is to find and nurture those entrepreneurs with innovative business ideas and acumen, to make them into successful business owners. Here is a summary of the key stages along the way: Idea and seed stage. Funding and rollout stage.
As a mentor to aspiring entrepreneurs, I’m always surprised by the fact that some never seem to be able to that first startup going, while many others never seem to stop, starting their second or third initiative before the first one is fully hatched. Today the key is building momentum, customization, and continuous innovation.
Every entrepreneur and business leader believes that he or she has the full trust of their team and their customers, and in fact most do in the beginning. Unfortunately, many aspiring leaders I mentor are not aware of the signals people are looking for, or are not attuned to the subtleties of their own actions.
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.
If you are an introvert like me, this may be difficult, but remember that your business needs collaboration with partners and vendors, as well as good customers. I always suggest that you offer a summary of your business and personal background as a level-set for finding common ground in a relationship, and setting a basis for future sharing.
As a mentor and advisor to entrepreneurs and startups, and an Angel investor, my passion is to find and nurture those entrepreneurs with innovative business ideas and acumen, to make them into successful business owners. Here is a summary of the key stages along the way: Idea and seed stage. Funding and rollout stage.
I recall a good summary of how to motivate and train a team to accomplish this in the classic book, “ The Business of Creativity: How to Build the Right Team for Success ,” by Keith Granet. A single marketing coordinator can accelerate your efforts by being the coach and mentoring key members of the team on soft marketing.
As a mentor and advisor to entrepreneurs and startups, and an angel investor, my passion is to find and nurture those entrepreneurs with innovative business ideas and acumen, to make them into successful business owners. Here is a summary of the key stages along the way: Idea and seed stage. Funding and rollout stage.
A real business requires leadership – thought leadership to attract customers and mind share, as well as people leadership around a team, partners, and investors. One answer is for the developer to find a partner, like Steve Jobs, who is a leader to build and run the business, and two heads in a startup are almost always better than one.
With the current strong economy, as an active startup mentor, I’m seeing a new surge of entrepreneurs and startups, with the commensurate scramble for funding. In summary, a reverse merger, or going public through the “normal” IPO process should never be seen as just a way to fund your startup.
I saw a good summary of the most effective ways to source prospective investors in a classic book, “ The Art of Startup Fundraising ,” by Alejandro Cremades, who has been there and done that, both as an entrepreneur and an investor. Identify customer executives who need your solution. Reach out to your biggest fans for investor leads.
Here is my summary of key strategies that I would recommend to every mature business leader as well as startup founders: Regular personal contact with every team member. I recommend that you ask for help from a mentor to point out areas for improvement. Nurture your relationship with critical and loyal customers.
I just saw a good summary of how to motivate and train your team to accomplish this in a new book, “ The Business of Creativity: How to Build the Right Team for Success ,” by Keith Granet. A single marketing coordinator can accelerate your efforts by being the coach and mentoring key members of the team on soft marketing.
Image via Pixabay As a mentor to many small business owners, I always caution them that you can never relax completely, just because your initial solution or product set appears to be getting traction, and the market buzz is positive. Other customers routinely pay late, or only after they receive one or more prompts from you.
In my experience as a mentor and consultant, it is not just the words, but also your tone, approach, body language, and the context in which you choose to engage that can make all the difference. Use simple words and sentences, and try to make a full circle, to put a closing summary on your thoughts.
A real business requires leadership – thought leadership to attract customers and mind share, as well as people leadership around a team, partners, and investors. One answer is for the developer to find a partner, like Steve Jobs, who is a leader to build and run the business, and two heads in a startup are almost always better than one.
No summary of what we did, no easy way for me to recommend my trainer to my friends, and no way for me to easily book the next appointment. After the session, Andy posts a summary to Jenna’s profile with the details of their workout and a few words of advice. We have 115 paying customers right now. How many users?
For this, you should expect participation in monthly strategy and review meetings, and unlimited access via phone or email for questions, mentoring, and advice. Based on my experience, it is reasonable to offer 1% ownership in your company to each advisor, plus expenses, and a small annual stipend of maybe $1000.
For this, you should expect participation in monthly strategy and review meetings, and unlimited access via phone or email for questions, mentoring, and advice. Based on my experience, it is reasonable to offer 1% ownership in your company to each advisor, plus expenses, and a small annual stipend of maybe $1000.
Yet your creativity in solving customer concerns may have far more potential in boosting your career. Pick a relaxing and friendly environment, perhaps with a mentor or friend over a cup of coffee. In summary, more positive personal habits will raise your self-esteem, your confidence, your productivity, and your happiness.
With the current volatile economy, as an active startup mentor, I’m seeing a new surge of entrepreneurs and startups, with the commensurate scramble for funding. In summary, a reverse merger, or going public through the “normal” IPO process should never be seen as just a way to fund your startup.
I believe these same mindsets are equally applicable to the entrepreneurs I mentor, and all of you small business leaders, so I offer you my summary of the authors’ conclusions, paraphrased here, with my own insights: Be bold in vision, strategy, and resource allocation.
With the uptick in the economy, as an active startup mentor, I’m seeing a new surge of entrepreneurs and startups, with the commensurate scramble for funding. In summary, a reverse merger, or going public through the “normal” IPO process should never be seen as just a way to fund your startup.
As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. In a two-minute video clip, you can introduce yourself, show your passion and the engaging personality you need to win over customers, partners, and employees.
A real business requires leadership – thought leadership to attract customers and mind share, as well as people leadership around a team, partners, and investors. One answer is for the developer to find a partner who is a leader to build and run the business, and two heads in a startup are almost always better than one.
As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. In a two-minute video clip, you can introduce yourself, show your passion and the engaging personality you need to win over customers, partners, and employees.
With the uptick in the economy, as an active startup mentor, I’m seeing a new surge of entrepreneurs and startups, with the commensurate scramble for funding. In summary, a reverse merger, or going public through the “normal” IPO process should never be seen as just a way to fund your startup.
I found a good summary of the dynamics behind personal business leadership, and how to get there, in a new book “ Leadership Rigor! ” Here are the key principles she espouses, extended to leadership teams, based on my own background and mentoring new entrepreneurs: Learn to trust yourself and your team. Marty Zwilling.
I found a good summary of the dynamics behind personal business leadership, and how to get there, in a recent book “ Leadership Rigor! ” Here are the key principles she espouses, extended to leadership teams, based on my own background and mentoring new entrepreneurs: Learn to trust yourself and your team.
I was mentoring some graduate students at a local university recently, and I sensed again that profit seems to be a dirty word these days to many aspiring entrepreneurs. I’m certainly not a fan of customer rip-offs, but even non-profits have to be cash-flow positive, or have deep pockets, to help anyone for long.
With the current strong economy, as an active startup mentor, I’m seeing a new surge of entrepreneurs and startups, with the commensurate scramble for funding. In summary, a reverse merger, or going public through the “normal” IPO process should never be seen as just a way to fund your startup.
I found a good summary of these attributes in a recent book, “ The Old School Advantage ,” by an expert on interpersonal communication, J. Based on my current role as a mentor to entrepreneurs, I will paraphrase and recommend Whiddon’s top techniques in business terms: Build an image of likability and rapport.
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