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9 Strategies For Implementing An Innovative Business

Startup Professionals Musings

Many people believe that new ideas are the critical element of innovation, but in my experience as a mentor and investor, long-term business success is more about implementation than ideas. Everyone has ideas, but only a few can make them happen. We are looking for people who can lead a team and turn any idea into a business.

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Maintain Your Startup Motivation While Working Harder

Startup Professionals Musings

That’s why all those so-called million dollar ideas I hear about as an investor don’t get me excited, and entrepreneurs find that working twenty hours a day often generates nothing more than sweat, instead of the desired sweat equity. Watch that patent provide a real barrier to competitive entry.

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Balance Your Focus Between Passion And Perspiration

Startup Professionals Musings

That’s why all those so-called million dollar ideas I hear about as an investor don’t get me excited, and entrepreneurs find that working twenty hours a day often generates nothing more than sweat, instead of the desired sweat equity. Watch that patent provide a real barrier to competitive entry.

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6 Sweet Spots That Have Sustained Many Great Startups

Startup Professionals Musings

Everyone seems to espouse extrinsic motivations, such as getting rich, having power, and fulfilling parent dreams, when in fact a focus on satisfying internal interests and desires will likely lead to more success, as well as satisfaction. Satisfaction of doing something great. Do it for meaning. Helping others achieve their goals.

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5 Risk Reduction Strategies For Your Next New Venture

Startup Professionals Musings

There are many levels of innovation that go beyond copying someone else’s idea, but stop short of pushing the leading edge (bleeding edge). Or you may decide that your dream was not really the great idea that you thought it was. Timing is critical, as well as focus on marketing and customer satisfaction.

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5 Keys To Reducing Startup Risk By Building On Trends

Startup Professionals Musings

There are many levels of innovation that go beyond copying someone else’s idea, but stop short of pushing the leading edge (bleeding edge). Or you may decide that your dream was not really the great idea that you thought it was. Timing is critical, as well as focus on marketing and customer satisfaction.

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6 Powerful Drivers Shared By Successful Entrepreneurs

Startup Professionals Musings

Everyone seems to espouse extrinsic motivations, such as getting rich, having power, and fulfilling parent dreams, when in fact a focus on satisfying internal interests and desires will likely lead to more success, as well as satisfaction. Satisfaction of doing something great. Do it for meaning.