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10 Collaboration Myths No Entrepreneur Should Believe

Startup Professionals Musings

If you listen primarily to the popular press, you could easily be convinced that all successful startup businesses are built by one smart person, such as Mark Zuckerberg at Facebook, or Jeff Bezos at Amazon. Solo or autocratic entrepreneurs usually don’t survive, due to required skills and a workload far beyond the capacity of a single human.

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The Demographics Of New Venture Founders Are Changing

Startup Professionals Musings

Contrary to what you might guess, the highest rate of small business and entrepreneurial growth over the last few years is not Gen-Y upstarts, but Boomers over the age of 50, now called encore entrepreneurs. One new incentive is the falling transaction costs and barriers to entry for entrepreneurs of every age. In the U.S.,

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Spotting, Nurturing and Mentoring Talent – The Power of Troy Carter

Both Sides of the Table

Even an extraordinary engineer or product lead who have built a breakthrough product aren’t guaranteed success unless they can get access to capital, get much needed press to drive low-cost customer acquisition and persuade fickle business leaders to join their company and help them shape their businesses beyond tech innovation.

Mentor 150
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7 Tips For Scaling Your Business To Long-Term Success

Startup Professionals Musings

As a new business advisor, I am no longer surprised that every new entrepreneur believes the hard part is creating the first product and the business. New and existing companies today need to press beyond what was, through what is, to what will be. Your task is follow-up in support, mentoring, and setting goals.

Tips 170
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10 Ways An Entrepreneur Can Build A Winning Culture

Startup Professionals Musings

If an entrepreneur can’t build a culture of excitement and commitment at a startup, the chances of long-term success are negligible. As a mentor to entrepreneurs, I often get asked what you can do to build the right culture. Mentoring and training programs need to be put in place early. Every investor knows this.

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7 Keys To Redefining A Challenge Into An Opportunity

Startup Professionals Musings

We all face pressure in our lives, but there’s nothing like that of an entrepreneur facing customer crises and the competitive challenges of a new business. Thus, here is my own reframing of the authors generalized rules into some specifics for an entrepreneur or business leader: Reframe competitive threats to opportunities.

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Baby Boomers May Be Your Biggest Startup Competitors

Startup Professionals Musings

Contrary to what you might guess, the highest rate of entrepreneurial growth over the last few years is not Gen-Y upstarts, but Boomers over the age of 50, now called encore entrepreneurs. With longer life expectancies and greater health in later life, older generations are moving to start new firms -- and mentor young entrepreneurs.

Startup 119