Startup Professionals Musings

DECEMBER 7, 2020

Every business wants and needs top performers, but most entrepreneurs and executives assume that if they hire and train the smartest and most experienced people, they will get exceptional performance. Make sure required data, resources, and tools are provided early. Provide regular feedback on results seen and measured.

Entrepreneur 120

Entrepreneur Coach Satisfaction Resource 120

Startup Professionals Musings

JANUARY 1, 2020

You’ve probably already made your resolutions for 2020, but if not, I suggest a renewed commitment to finding happiness and satisfaction in your chosen business lifestyle. If you are sick of the corporate grind, take your favorite idea or hobby, and join other happy entrepreneurs. Stay rooted in the present. Keep track of your wins.

Entrepreneur 137

Entrepreneur Satisfaction Mentor Writing 137

Startup Professionals Musings

AUGUST 11, 2021

Most of you aspiring entrepreneurs probably have long searched for that special idea that will catapult you and your startup to success. That takes focus, resolve, resources, and problem solving to make it happen. True entrepreneurs are born, not made. Every inventor is an entrepreneur by default.

Entrepreneur 171

Entrepreneur Ideas Examples Satisfaction 171

Startup Professionals Musings

JANUARY 23, 2021

Most entrepreneur that fail are quick to offer a litany of constraints that caused their demise – not enough money, time, customers, or support from the right players. The result, called resourcefulness, allows entrepreneurs to create opportunities in the face of scarcity. Rethink or reframe the challenge.

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Startup Resource Entrepreneur Competition 164

Startup Professionals Musings

AUGUST 14, 2019

titled “ The Intelligent Entrepreneur ,” outlining the keys to successful entrepreneurship, as follows: Make the commitment. It will likely take several ideas, with the learning process of failing on a couple, before you can call yourself a successful entrepreneur. Problem solvers make successful entrepreneurs. Learn to lead.

Satisfaction 78

Satisfaction Startup Ideas Entrepreneur 78

Startup Professionals Musings

JUNE 21, 2023

Commonly, I find that business owners and entrepreneurs look first at solutions which solve painful problems, or have high profit margins, regardless of their own commitment to a higher purpose, such as saving the environment or helping the underserved. Make sure your plan makes business sense before committing real resources.

Satisfaction 114

Satisfaction Customer Custom Social Media 114

Startup Professionals Musings

JULY 11, 2020

As a mentor to aspiring entrepreneurs, I’m always surprised by the fact that some never seem to be able to that first startup going, while many others never seem to stop, starting their second or third initiative before the first one is fully hatched. I’m now convinced that serious entrepreneurs relish the startup process more than success.

Entrepreneur 131

Entrepreneur Startup Ideas Software Review 131

Startup Professionals Musings

JANUARY 12, 2020

Every new entrepreneur has to initiate the right actions to be perceived as a leader in their chosen business domain by their team and by their customers, or the road to success and satisfaction will be lost along the way. No entrepreneur can build a business alone. Allocates adequate resources to overcome constraints.

Entrepreneur 125

Entrepreneur Training Resource Customer 125

Startup Professionals Musings

AUGUST 16, 2023

Every business wants and needs top performers, but most entrepreneurs and executives assume that if they hire and train the smartest and most experienced people, they will get exceptional performance. Make sure required data, resources, and tools are provided early. Provide regular feedback on results seen and measured.

Coach 93

Coach Satisfaction Resource Entrepreneur 93

Startup Professionals Musings

JULY 1, 2020

Every entrepreneur I know finds it a challenge to balance the joys of entrepreneurship against a set of frustrations they never anticipated. The norm for entrepreneurs is to be optimistic on revenue projections, and miserly on funding needs. You need all the positive traction you can get to survive and prosper.

Entrepreneur 122

Entrepreneur Startup Course Examples 122

Startup Professionals Musings

JANUARY 29, 2021

As a long-time business advisor and mentor to entrepreneurs, I consistently find that the most thriving businesses are people-centric, and those team members create the best processes, rather than the other way around. Engaged people are more productive than your best process. Un-motivated people are also a huge drain on all resources.

Satisfaction 154

Satisfaction Demand Resource Competition 154

Startup Professionals Musings

OCTOBER 20, 2021

As I “grew up” in business in big companies, including IBM, I always wondered why the real innovations seemed to come from startups, while we had more resources and more experience. Most mature companies have unfortunately replaced it long ago with product management groups to fix problems.

Marketing 117

Marketing IBM IBM Resource 117

Startup Professionals Musings

APRIL 11, 2022

New entrepreneurs are always looking for a shortcut in getting their venture story and plan across to investors, and closing on the funding they need. Think of value propositions as bundles of services or products that create benefits (value) for customers. Key resources. No startup or entrepreneur is an island.

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Funding Activity Customer Custom 133

Startup Professionals Musings

MARCH 19, 2023

Entrepreneurs need to be effective team leaders, since no one can transform an idea into a product and a business without some help. The only real alternative is to find a cofounder who can build and lead the team, while you focus on the product. If your team has trouble finding you, you won’t make productive connections.

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Technical Review Development Team Review Startup Activity 127

Startup Professionals Musings

AUGUST 23, 2021

Most aspiring entrepreneurs I know are just waiting for that unique idea to strike them that will kickstart their new venture, put them in control of their lifestyle, achieve financial independence, and maybe even change the world. Do I rely on my own resources of seek investors?

Startup 159

Startup Satisfaction Entrepreneur Equity 159

Startup Professionals Musings

FEBRUARY 7, 2021

I believe that most entrepreneurs today, at least in the technology domains I frequent, still work in the business (“Technician’s Perspective”), rather than on the business (“Entrepreneurs Perspective”). This perspective looks at the business as the product, competing for the customer’s attention against a whole shelf of competitors.

Technical Review 136

Technical Review Startup Social Media Satisfaction 136

Startup Professionals Musings

MARCH 13, 2015

According to most definitions, an entrepreneur is one who envisions a new and different business, meaning one that is not a copy of an existing business model. Many entrepreneurs have a passion and an idea, or even invent a new product, but are never able to execute to the point of creating a startup. Funding and rollout stage.

Entrepreneur 109

Entrepreneur Ideas Satisfaction Summary 109

Startup Professionals Musings

MAY 10, 2020

According to most definitions, an entrepreneur is one who envisions a new and different business, meaning one that is not a copy of an existing business model. Many entrepreneurs have a passion and an idea, or even invent a new product, but are never able to execute to the point of creating a startup. Funding and rollout stage.

Ideas 127

Ideas Entrepreneur Satisfaction Summary 127

Startup Professionals Musings

OCTOBER 12, 2022

Every new entrepreneur has to initiate the right actions to be perceived as a leader in their chosen business domain by their team and by their customers, or the road to success and satisfaction will be lost along the way. No entrepreneur can build a business alone. Allocates adequate resources to overcome constraints.

Startup 127

Startup Training Entrepreneur Resource 127

Startup Professionals Musings

JUNE 30, 2021

By definition, all of you entrepreneurs are leaders, by taking the initiative to start a new company. Some are great product leaders and innovative technologists, others are leaders in creating new business models , a few can assemble great teams , but only the rare exception can do all three.

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Coach Startup Resource Competition 162

Startup Professionals Musings

MAY 31, 2023

For example, it has long been widely accepted that one of the primary causes for entrepreneur failure in new startups is that many give up too soon. It takes effort and homework to find productive relationship channels, such as industry conferences, connections to experts, and key customer relationships. Find what works for you.

Startup 121

Startup Satisfaction Technical Review Ideas 121

Startup Professionals Musings

OCTOBER 27, 2021

Most of the entrepreneurs I meet as an investor and advisor have no shortage of right-brain thinking, showing vision and creativity, but often don’t realize that their potential is being limited by a balancing focus on results, metrics, and customer specifics. Show results with a minimal viable product (MVP).

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Technical Review Satisfaction Metrics Startup 133

Startup Professionals Musings

APRIL 29, 2023

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Low cost and low margin products can be winners, if the volume is high enough.

Startup 111

Startup Training Services Writing 111

Startup Professionals Musings

APRIL 2, 2022

Many entrepreneurs think that adapting to the new technologies, like smart phones and Internet commerce, are the key to attracting new customers. High-technology product startups, without customers, don’t make a business. Greater value is assigned to the resources that are, or are perceived to be, less available.

Customer 122

Customer Custom Social Media Technical Review 122

Startup Professionals Musings

JANUARY 6, 2021

Unfortunately, with limited resources, this isn’t possible, and it frustrates customers and the team. In reality, too many choices actually dilutes customer interest in your existing market, and makes your job of production, marketing, and support much more complex. Your long-term success and satisfaction depends on it.

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Technical Review Technical Advisors Startup Mentor 160

Startup Professionals Musings

JULY 2, 2021

In the eyes of investors like me, to be an entrepreneur, it’s not enough to create an innovative solution – you need to convince me that you can build a profitable business. Creating and growing a business requires creativity beyond the product, in the areas of finance, marketing, and operations.

Funding 152

Funding Startup Ideas Resource 152

Startup Professionals Musings

AUGUST 3, 2020

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Low cost and low margin products can be winners, if the volume is high enough.

Startup 174

Startup Training Services Writing 174

Startup Professionals Musings

NOVEMBER 7, 2016

Despite a valiant effort, we only briefly succeeded in putting IBM in the personal computer business, but our efforts changed my view of entrepreneurs forever. No consideration can be given to experience running a startup, breadth of skills, or even thinking like an entrepreneur. I still enjoy the journey as well as the destination.

IBM 85

IBM IBM Entrepreneur Technical Review 85

Startup Professionals Musings

DECEMBER 25, 2022

Unfortunately, many entrepreneurs seem to prefer to fail their way to the top, rather than do some research and learn from the successes and mistakes of others. In general I try to focus on the positives and tell entrepreneurs what works, but sometimes it’s important to reiterate the common things that simply don’t work.

Startup 100

Startup Technical Review Entrepreneur Customer 100

Startup Professionals Musings

NOVEMBER 5, 2014

Unfortunately, many entrepreneurs seem to prefer to fail their way to the top, rather than do some research and learn from the successes and mistakes of others. In general I try to focus on the positives and tell entrepreneurs what works, but sometimes it’s important to reiterate the common things that simply don’t work.

Entrepreneur 109

Entrepreneur Technical Review Startup Satisfaction 109

Startup Professionals Musings

OCTOBER 26, 2014

I believe that most entrepreneurs today, at least in the technology domains I frequent, still work in the business (“Technician’s Perspective”), rather than on the business (“Entrepreneurs Perspective”). This perspective looks at the business as the product, competing for the customer’s attention against a whole shelf of competitors.

Entrepreneur 107

Entrepreneur Startup Social Media Technical Review 107

Startup Professionals Musings

AUGUST 29, 2014

Many entrepreneurs think that adapting to the new technologies, like smart phones and Internet commerce, are the key to attracting new customers. High-technology product startups, without customers, don’t make a business. Greater value is assigned to the resources that are, or are perceived to be, less available. Marty Zwilling.

Entrepreneur 100

Entrepreneur Social Media Technical Review Startup 100

Startup Professionals Musings

DECEMBER 24, 2022

In her classic book, “ Rookie Smarts ,” Liz Wiseman, one of the top thought leaders in business, amplifies this point as it relates to hiring and cultivating the curious, flexible, youthful mindset in keeping a mature company young and competitive, as well as keeping experienced employees more productive.

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Competition Company Companies Startup 102

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. In most businesses, this means selling something, and proving that your product or service has value.

Metrics 140

Metrics Entrepreneur Coach Satisfaction 140

Startup Professionals Musings

JANUARY 1, 2016

You’ve probably already made your resolutions for 2016, but if not, I suggest a renewed commitment to finding happiness and satisfaction in your chosen business lifestyle. If you haven’t tried it, one way to be happier at work is to be an entrepreneur, according to a classic study by the Wharton School of Business a while back.

Entrepreneur 69

Entrepreneur Satisfaction Study Writing 69

Startup Professionals Musings

JUNE 28, 2015

Most entrepreneurs believe they are “different,” but they can’t quite understand how. The classic book, “ Hunting in a Farmer's World: Celebrating the Mind of an Entrepreneur ,” by serial entrepreneur and business coach John F. Dini makes the case that entrepreneurs are hunters, while the rest of us (large majority) are farmers.

Entrepreneur 106

Entrepreneur News Slides Startup 106

Startup Professionals Musings

MARCH 18, 2023

It seems like every entrepreneur I meet these days is quick to proclaim themselves a visionary, expecting that will give more credibility to their startup idea, and improve their odds with investors. Most true visionary entrepreneurs have unusual energy, creativity, enthusiasm, and a propensity for taking risks.

Startup 82

Startup Ideas Organization Entrepreneur 82