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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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6 Steps To Showing The Business Value Of What You Do

Startup Professionals Musings

As a mentor to business professionals, I find that many are frustrated that peers and managers don’t recognize the true value of their contributions. I have long believed that each of you is responsible for documenting and communicating your own value, without bragging or hyperbole. Provide evidence of ROI to maintain credibility.

Examples 133
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7 Scenarios Where A Business Plan Is Still An Asset

Startup Professionals Musings

As a startup mentor and investor, I am approached regularly by aspiring entrepreneurs who assert that business plans take too much time, are inaccurate, and rarely add value. The size of the document should be based on your style, but 10-20 pages or slides are usually more than adequate to outline even a complex business.

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Craft your roadmap. Plan your trip.

Berkonomics

Richa is a successful entrepreneur and technologist giving back to the entrepreneurial community in many ways, including his weekly Internet TV program on entrepreneurism, and participation in several mentoring programs. . I’m not seeking a bank loan or investment. But it’s a valuable document for you. So why make a plan?

Startup 166
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8 Reasons All Angel Investor Money May Not Be Equal

Startup Professionals Musings

In fact, most angels are pure, but there are some exceptions that may cost you more than an investment: Shark angels. These are the ultimate bad guys whose sole interest in early-stage investing is to take advantage of what they believe is the entrepreneur’s lack of financial and deal-making experience. How do you avoid most of these?

Angel 105
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5 Tips To Keep Your Startup Productive, Not Just Busy

Startup Professionals Musings

Yet if that leaves you with no documented business plan or unclear strategy, most investors and even customers will walk away. I’m a total believer in servant leadership and mentoring others, but nobody wins when you are in charge as an entrepreneur, and the business fails because you didn’t do your job.

Product 123
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10 Elements of a Coaching Culture and Why You Need It

Startup Professionals Musings

A business with a coaching culture needs to start with well-defined and documented roadmap, and leaders who are able to communicate these goals clearly and often. People often ask me about the difference between coaching and mentoring. Thus a coaching culture is well worth the investment in time and effort.

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