Berkonomics

JULY 6, 2023

Continuing the process of planning… So now we’re getting organized. There are many ways to express the roadmap for your enterprise. One of the most popular was used by the U.S. Army late in World War II and adopted by many high-profile businesses such as Texas Instruments after the War. And I’s my favorite method of organizing a strategic plan. There are two important elements.

Organization 156

Organization Metrics Demand Resource 156

Startup Professionals Musings

JULY 5, 2023

Some entrepreneurs start polling venture capitalists for that multi-million-dollar investment before they even have a business plan. That’s like trying to sell part of something to a stranger for big money when you haven’t fully defined it yet. It won’t work, it costs time and money, and hurts your credibility when you need them later. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy).

Startup 122

Startup Funding Organization Incubator 122

Startup Professionals Musings

JULY 2, 2023

People with a victim mentality should never be entrepreneurs. We all know the role of starting and running a business is unpredictable, and has a high risk of failure. For people with a victim mentality, this fear of failure alone will almost certainly make it a self-fulfilling prophecy. I’m sure you all know someone who is the perennial victim. The problem is that most of these people aren’t likely to accept your assessment, so it’s hard to help them.

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Entrepreneur Satisfaction Startup Help 119

Startup Professionals Musings

JULY 7, 2023

Every business owner feels the pressure of the thousands of things that need to get done, all seemingly at the same time. There is just not enough time! The real solution is better time management to put you back in control of your life. We all know someone who always professes to be stressed out and “so busy” that they never have time for anything – yet they never seem to get things done.

Entrepreneur 93

Entrepreneur Startup Networking Services 93

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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.

Company

Startup Professionals Musings

JULY 1, 2023

I still know some entrepreneurs who boast of simply following their gut instincts, rather than listen to anyone or any data, to make strategic decisions. We’ve all worked with autocratic leaders in large companies who seem to thrive in this mode. They all forget or ignore the high-profile failures that have resulted from some single-handed business decisions.

Organization 110

Organization Social Media Technology Startup 110

Startup Professionals Musings

JULY 3, 2023

Startups provide leadership in the market. Entrepreneurs provide leadership to their startup. There are many styles of leadership, like dictatorial, laissez-faire, and democratic. One that I hear discussed more these days, in this age of relationships, is called “servant” leadership. What is servant leadership? The servant leader serves the people they lead through mentoring, direct assistance, listening, and acting on their employees input.

Mentor 92

Mentor Organization Ideas Examples 92