Sat.Mar 19, 2022 - Fri.Mar 25, 2022

article thumbnail

5 Characteristics of A Startup Destined For Success

Startup Professionals Musings

Every startup wants to be a predictable success, yet so few ever achieve this enviable position. In reality, getting there is not a random walk, and requires an understanding of the stages that every business must navigate and the organizational characteristics necessary at each stage. Les McKeown, in his book from a while back, “ Predictable Success ” outlines these stages and characteristics for any business.

Startup 140
article thumbnail

Steve Jobs’ “aha moment!”

Berkonomics

There is a process to innovation that can be summed up with four words: “Whoa. Wow! Hmmm. Yes!” Credit Dr. Mark Goulston with this. He states, that’s exactly how Steve Jobs described his “aha moment.” So, let’s paraphrase the late Mr. Jobs as we describe this process. A bit of history that “made” Apple rich. Jobs was invited to Xerox Parc research facility and – against the better judgment of the research coordinator – shown three projects the engineers were working on.

Research 156
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Instacart Drops Its Valuation by Almost 40%

Tech.Co

Grocery delivery startup Instacart used to be valued at $39 billion. Now, it has dropped that valuation to just $24 billion, a drop of 38%. Instacart cites “market turbulence” and a need to attract talent as reasons why it has reassessed. Another reason could be a steep drop in sales growth rate since the start of the pandemic, when many people suddenly became interested in getting groceries dropped off at their door.

article thumbnail

10 Business Practices Owners Often Learn The Hard Way

Startup Professionals Musings

I agree with those of you who tell me that you learn the most from your own mistakes, but that shouldn’t keep you from starting with some best practices , and the feedback from others who have been there and done that. In my experience, mistakes in business are an expensive and painful way to learn, and in these days of rapid change, you just can’t afford the time to recover.

Startup 134
article thumbnail

Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

article thumbnail

6 Keys To Thriving In This New Era Of Remote Services

Startup Professionals Musings

With the power of the Internet, and the impact of the recent pandemic , the world of business services, such as accounting and marketing, have gone more and more remote. Yet the value of real relationships, as with consumer customers, has become critical to your business services growth and success. The challenge is how to build client relationships without face-to-face.

Services 121
article thumbnail

7 Keys To Creating A Connected Team For Your Business

Startup Professionals Musings

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. You assume everyone has your passion, and simply needs your command and control to make it work. In my experience, what a team needs more is your connection and inspiration.

Mentor 108