Startup Professionals Musings

AUGUST 25, 2023

In the aftermath of the recent pandemic, which caused many businesses to close, a new raft of business workers and entrepreneurs are deciding to pursue their own dreams of being a new business owner, and controlling your own destiny. Define key metrics to measure progress and success.

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Social Media Metrics Media Tool 98

Startup Professionals Musings

JULY 15, 2020

Many of the entrepreneurs like you that I have met in my role as a business advisor are really product creators versus business creators, convinced that a great product will generate a great business. Entrepreneurs are typically focused on the big picture – creating a vision, purpose, and a long-term strategy.

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Metrics Entrepreneur Coach Satisfaction 140

Startup Professionals Musings

OCTOBER 31, 2014

According to several recent reports , job satisfaction for employees is at an all-time low. One obvious alternative is to become an entrepreneur. As a mentor to many aspiring entrepreneurs, I’m often asked what it takes to switch and get real satisfaction from this lifestyle. Be prepared to experiment.

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Entrepreneur Satisfaction Startup Writing 100

Startup Professionals Musings

DECEMBER 27, 2019

As a mentor to entrepreneurs, I often get asked for the magic that has made Amazon the world's most valuable brand , from a total unknown only twenty years ago. Incorporate AI-powered data and metrics systems. As an entrepreneur, how well do your values align with these? Jeff Bezos has kept his focus on customers.

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Marketing Technical Review Customer Custom 123

Startup Professionals Musings

NOVEMBER 2, 2015

If you find problem-solving to be energizing, you could be the next great entrepreneur. Creating an innovative new business is guaranteed to test your skills, patience and determination, and you need to derive satisfaction from the journey, as well as the destination. Don’t hesitate to call in an experienced advisor or mentor to help.

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Startup Entrepreneur Satisfaction Metrics 100

Startup Professionals Musings

OCTOBER 2, 2015

Yet, as an advisor to startups, I see some common disasters, and recommend some anticipation and recovery moves that can save every entrepreneur some painful time and money. While every entrepreneur needs to remain upbeat and optimistic on all of these, it is also smart to anticipate the worst case scenarios that are possible with each.

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Startup Professionals Musings

JANUARY 30, 2016

It’s easy to declare yourself an entrepreneur, but it’s not so easy to convince investors, your team and customers that you are that special one to fund and follow. If you don’t consistently display the right entrepreneur mindset traits, people won’t follow and business success will likely elude you.

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Startup Satisfaction Entrepreneur Customer 58

Startup Professionals Musings

JULY 25, 2018

Thus creating the right company culture must be a top priority of every entrepreneur and business leader. It’s easy to see how cultures go astray, for example, when you pay only for sales volume, but expect a high focus on customer satisfaction. Establish metrics on the culture, as well as the product. Place shapes culture.

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Metrics Startup Netflix Customer 57

Startup Professionals Musings

APRIL 1, 2019

Quantify your results in terms of cost per transaction, higher customer satisfaction, lower prices, and profit per employee, rather than number of transactions or hours worked. Help your owner get beyond the misleading metrics of employee overtime and salary increases. Highlight your productivity and efficiency rather than workload.

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Technical Advisors Startup Satisfaction Customer 75

Startup Professionals Musings

AUGUST 16, 2017

Many business executives and entrepreneurs I know are convinced that business success is all about having the right solution for the right price. Takers can never get satisfaction, and they antagonize those around them. Some things need to be done whether we like them or not; for example, daily cash-flow analysis and business metrics.

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Software Review Technical Review Startup Press 57

Startup Professionals Musings

JANUARY 6, 2021

Based on my experience advising new entrepreneurs as well as more mature businesses, I recommend the following strategies for building business momentum, while still optimizing the limited resources of every small business: Find more customers that like what you do best. Utilize outside expertise and mentoring.

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Technical Review Technical Advisors Startup Mentor 160

Startup Professionals Musings

DECEMBER 9, 2022

One of the attributes that I often recommend to the business professionals and entrepreneurs I mentor is to always be totally accountable for your actions and ideas. Setting your own metrics, and measuring yourself , will facilitate accountability. Be available for mentoring and coaching to others.

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Activity Organization Mentor Training 109