Startup Professionals Musings

AUGUST 2, 2020

Both Bill Gates and Warren Buffet , although extremely successful in their own domains, share a great relationship as mentors for each other in learning how to deal with today’s challenging business and social problems. It also helps to emulate the success of others with similar goals. People who listen are always more resilient.

Startup 173

Startup Mentor Activity Entrepreneur 173

Startup Professionals Musings

JULY 15, 2020

In the spirit of helping you avoid some of our own learning experiences with startups, I will paraphrase here the nine key stages that he and I both see most businesses going through in their evolution from a startup to a successful and stable entity: You can’t sustain a business without positive cash flow. Stay in your personal sweet spot.

Metrics 140

Metrics Entrepreneur Coach Satisfaction 140

Startup Professionals Musings

SEPTEMBER 9, 2020

In my own business career, many years as a business advisor, and mentor to aspiring entrepreneurs, I have validated the following strategies to practice and guide you. Each of these will help you in achieving success and satisfaction while tackling your toughest business issues: Stop attacking symptoms – dig first for the root cause.

Satisfaction 152

Satisfaction Mentor Study Startup 152

Startup Professionals Musings

MARCH 19, 2021

As a mentor, my mission is to recommend actions that can strengthen your image with investors and peers, as well as help you get the startup job done. Your values will help you build trust with team members and customers, increase your productivity, and inspire others. Define and use real metrics to measure progress.

Custom 157

Custom Customer Metrics Ideas 157

Startup Professionals Musings

APRIL 28, 2021

Almost every entrepreneur and new business owner I mentor is certain that his/her idea has a very high probability of success, and all find it hard to believe that ninety percent of startups ultimately fail. Needed help can be your biggest burden. Mergers and acquisitions also require new skills.

Technical Review 131

Technical Review Case Study Mentor Software Review 131

Startup Professionals Musings

OCTOBER 18, 2023

As a mentor to many entrepreneurs, I also encourage an entrepreneur exit focus early, and I really like the specific steps outlined in the classic book, “ Exit Signs ,” by Pamela Dennis, who has helped companies through this critical transition for decades. New startup founders keep all the operating metrics they need in their head.

Startup 99

Startup Entrepreneur Metrics Acquisition 99

Startup Professionals Musings

DECEMBER 26, 2022

As a mentor to many aspiring entrepreneurs, I’m often asked what it takes to get satisfaction from this lifestyle. I found some great help in outlining the elements of this process in the book, “ Disruptors ,” by Kunal Mehta. Put it behind you by setting your own realistic metrics for success and happiness.

Satisfaction 153

Satisfaction Entrepreneur Writing Metrics 153

Startup Professionals Musings

JULY 4, 2021

The last thing they can afford is to waste any of these, but in my mentoring and coaching activities, I see it happening all too often. Hire real help and learn to delegate. Productive processes start with a plan, and end with metrics that measure value delivered. The result is lower productivity all around.

Startup 161

Startup Resource Training Entrepreneur 161

Startup Professionals Musings

AUGUST 19, 2022

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Data helps avoid predetermined (and often erroneous) approaches to solving your people problems.

Tool 121

Tool Statistics Entrepreneur Metrics 121

Startup Professionals Musings

JANUARY 9, 2021

As a mentor to many entrepreneurs, I also encourage an entrepreneur exit focus early, and I really like the specific steps outlined in the classic book, “ Exit Signs ,” by Pamela Dennis, who has helped companies through this critical transition for decades. New startup founders keep all the operating metrics they need in their head.

Startup 173

Startup Entrepreneur Metrics Acquisition 173

Startup Professionals Musings

SEPTEMBER 22, 2022

For example , Bill Gates shared a mentoring relationship with Warren Buffett that increased the credibility of both, although their business domains were quite different. Oprah Winfrey was helped in her career by her relationship with Barbara Walters. Seek out people who are already known in your space.

Marketing 133

Marketing Custom Customer Outsource Development 133

Both Sides of the Table

NOVEMBER 8, 2011

To give visibility to these companies to: Sources of funding (angels / VCs), business development partners, mentors who have themselves built successful companies, the press and potential employees to hire. One senior mentor to Launchpad LA recently said, “I got more out of Launchpad LA than I even put in.

Venture Capital 287

Venture Capital Funding Startup GRP Partners 287

Startup Professionals Musings

MARCH 25, 2022

Thus, over the years of my mentoring and consulting efforts with entrepreneurs, I have a key list of practices that I recommend to everyone starting and growing a business. Use metrics on key deliverables to assure quality results. Big growth takes big investment.

Startup 134

Startup Training Tool Demand 134

Startup Professionals Musings

OCTOBER 5, 2022

As a mentor to business professionals, I find that many are frustrated that peers and managers don’t recognize the true value of their contributions. It is important to set the expectations for success early, as well as the appropriate metrics. Communicate the criteria for success early and often.

Examples 133

Examples Metrics Startup Customer 133

Startup Professionals Musings

JUNE 1, 2022

In my role as a mentor, I challenge every business leader to be more open-minded as they face the challenges of change and new competitors entering their space. Listening to customers also helps. Put metrics in place to track decision results. Reward risk taking rather than penalize or discourage it.

Technical Review 120

Technical Review Custom Customer Social Media 120

Startup Professionals Musings

JUNE 2, 2019

Based on my own experience in large and small businesses, as well as mentoring entrepreneurs, here is my list of behaviors which will keep you ahead of the pack: Focus on managing relationships more than tasks. The best leader personality for larger organizations is one of providing help and resources, rather than extracting performance.

Tips 97

Tips Mentor Coach Metrics 97

socalTECH

JUNE 1, 2012

We caught up with co-founder Michael Wong , who told us about how the company is looking to change the model for local check-ins, and also help businesses with getting the word out about their services. It helps local businesses, events, and brands to promote themselves, based on the location of their users. What is MergeLocal?

CTO Coach 223

CTO Coach Startup Mobile Artificial Inteligence 223

Startup Professionals Musings

NOVEMBER 29, 2019

As a mentor to many aspiring entrepreneurs, I challenge them to think beyond what I call linear extensions to a current trend, such as another “easier-to-use” app for smartphones, a new dating site for pets, or another niche social network. Examples I have seen include atomic battery technology, or how marine algae could help feed the world.

Entrepreneur 126

Entrepreneur Ideas Resource Examples 126

socalTECH

AUGUST 28, 2017

We're focused on larger scale events, not do-it-yourself type events, and we're really for people planning large scale events, looking for ideas, and who are looking for a professional to help them. The last thing, is you really need to understand what your business metrics are, and make sure you are looking at the most important metrics.

Technical Advisors 100

Technical Advisors Technical Review Metrics Startup 100

Startup Professionals Musings

AUGUST 7, 2020

It’s your job as a leader to be the model high performer, quantify the team view with metrics, and expand awareness to the best outside competition and new tools. This means identifying initiatives early, communicating openly with your team, and asking for their help on the dilemmas of production cuts and layoffs.

Technical Review 124

Technical Review Layoffs Social Media Organization 124

Startup Professionals Musings

MAY 13, 2020

As a mentor to entrepreneurs over the years, I see many of you who don’t communicate enough, others who seem to do all the talking, and some that are hesitant to be direct and open. You as the leader have a responsibility to define goals, strategy, and operational metrics. Always open to be influenced by new information.

Startup 124

Startup Ideas Examples .Net 124

Startup Professionals Musings

MARCH 2, 2020

Create a written plan, with target milestones and metrics. Expand your own learning and knowledge by helping others. Bill was initially the idea person and technologist, while Steve had the business and marketing experience from Proctor & Gamble to close the business equation.

Ideas 126

Ideas Writing Examples Outsource 126

Startup Professionals Musings

APRIL 3, 2020

As a mentor to many aspiring entrepreneurs, I’m often asked what it takes to switch and get real satisfaction from this lifestyle. I found some great help in outlining the elements of this process in the classic book, “ Disruptors ,” by Kunal Mehta. Put it behind you by setting your own realistic metrics for success and happiness.

Entrepreneur 123

Entrepreneur Satisfaction Writing Metrics 123

socalTECH

OCTOBER 26, 2016

This morning, Techstars (www.techstars.org), the startup accelerator which has had great success in spreading its approach to helping to get startups to the next stage of their life�usually, funding�announced it has opened up its third accelerator in Los Angeles, Techstars LA. The focus is on helping the startup. billion combined.

Startup 100

Startup Los Angeles Mentor Class 100

Startup Professionals Musings

SEPTEMBER 27, 2015

Here are the key principles she espouses, extended to leadership teams, based on my own background and mentoring new entrepreneurs: Learn to trust yourself and your team. Use metrics to support judgment in decisions. Metrics are necessary to acquire knowledge and turn it into action. What gets measured gets done.

Develop 103

Develop Development Coach Metrics 103

Startup Professionals Musings

NOVEMBER 2, 2015

Don’t hesitate to call in an experienced advisor or mentor to help. You can save yourself countless hours of frustration and failed efforts by swallowing your pride, asking for help and following expert suggestions. Make sure there are metrics for problem counts, resolution time and revenue impact. It never ends.

Startup 100

Startup Entrepreneur Metrics Satisfaction 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. They help hiring managers raise the bar for every interview. Incorporate AI-powered data and metrics systems.

Marketing 123

Marketing Technical Review Custom Customer 123

Tech.Co

APRIL 30, 2018

These founders talked to us about why building a company in Arlington has helped fuel their success. Their financial planning tool helps people track their spending, investments, and credit rating all in one mobile platform. The app can help provide users a snapshot of all financial accounts from one’s phone.

Startup 70

Startup Tool Platform Metrics 70

Startup Professionals Musings

JANUARY 30, 2017

Yet, in my experience as a mentor to entrepreneurs, the majority of failures I see are related to starting and growing the business, not developing the solution. A written plan is helpful for communication to others Assemble a team with the right skills and experience. Manage the business with metrics and goals.

Ideas 72

Ideas Startup Metrics Entrepreneur 72

Startup Professionals Musings

APRIL 1, 2019

Many employees stay self-centered or focused on internal politics as they fight for change, new systems, or bigger budgets, rather than communicate how their interests are really aligned with helping customers and growing the business. Help your owner get beyond the misleading metrics of employee overtime and salary increases.

Technical Advisors 75

Technical Advisors Startup Satisfaction Custom 75

Startup Professionals Musings

SEPTEMBER 5, 2014

Here are the key principles she espouses, extended to leadership teams, based on my own background and mentoring new entrepreneurs: Learn to trust yourself and your team. Use metrics to support judgment in decisions. Metrics are necessary to acquire knowledge and turn it into action. What gets measured gets done.

Entrepreneur 104

Entrepreneur Startup Metrics Coach 104

socalTECH

OCTOBER 14, 2019

How do you create a tool to help address unconscious bias in the workplaceand why would you create a new startup in that area? I call that providing habitsmonthly habitsto help individuals do better, make better decisions, and who need strategy and strategic implementation of this on regular basis.

Content 150

Content Education Training Outsource Development 150

Startup Professionals Musings

NOVEMBER 4, 2019

The number is much higher for those who choose to go it alone, without help. There are lots of resources available for the challenge of that activity, including the Internet and mentors like me. This is the point where you must manage to metrics, work on the culture of the organization, and look for partner-based growth.

Ideas 94

Ideas Slides Technical Review Patents 94

Startup Professionals Musings

OCTOBER 2, 2015

Bring in expert advisors and mentors to set initial goals, and build recovery plans. Smart entrepreneurs have metrics for assessing their progress against milestones and regularly communicate new insights to the team. Write every check personally, rather than relying on a bookkeeper or administrative help.

Startup 105

Startup Entrepreneur Marketing Satisfaction 105

Startup Professionals Musings

JULY 13, 2015

The last thing they can afford is to waste any of these, but in my mentoring and coaching activities, I see it happening all too often. Hire real help and learn to delegate. Productive processes start with a plan, and end with metrics that measure value delivered. The result is lower productivity all around.

Resource 105

Resource Startup Entrepreneur Training 105

Startup Professionals Musings

SEPTEMBER 30, 2015

As a mentor to many entrepreneurs, I also encourage an entrepreneur exit focus early, and I really like the specific steps outlined in the new book, “ Exit Signs ,” by Pamela Dennis, who has helped companies through this critical transition for decades. New startup founders keep all the operating metrics they need in their head.

Startup 98

Startup Entrepreneur Metrics Acquisition 98

Both Sides of the Table

JULY 19, 2015

Every $10 million financing only puts more pressure on the founders to figure out how to hit the metrics to get to the next milestone and every company that raises $25 million puts a ton of pressure on their 10 competitors who haven’t. I have written some posts in the past that may be helpful. Advisors / Coaches / Mentors.

Press 150

Press Venture Capital Startup Entrepreneur 150