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8 Ways New Venture Founders Create Whole New Markets

Startup Professionals Musings

Elon Musk with Tesla and SpaceX may be the most current example of this phenomenon, but others often mentioned include Richard Branson (Virgin Group), Joe Costello (Cadence Design), and Howard Schultz (Starbucks). It gives a product structure and style, and makes it memorable and unique. Believe there is no such thing as a crazy idea.

Marketing 157
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7 Techniques For Showing Respect to Your Diverse Team

Startup Professionals Musings

When working with people who are different from you, actively listening to their ideas, feedback, thoughts, or concerns conveys tremendous respect. Ask questions to encourage sharing of ideas and input. Instead such people usually only succeed in looking foolish. Recognize diverse contributors to peers and leaders.

Examples 152
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6 Ways To Get From Linear Thinking To Real Innovation

Startup Professionals Musings

Every entrepreneur and every business I meet in my consulting and mentoring role has great intentions of bringing real innovation to the market, yet I find that most ideas are merely small extensions to existing solutions. Promote a better future, rather than a product.

Startup 146
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5 Principles Define You As A Multi-Table Entrepreneur

Startup Professionals Musings

Knowing all too well how hard it is to start a single new business, I’ve always wondered how several well-known entrepreneurs, including Richard Branson and Elon Musk , have managed to successfully lead dozens of startups to success, and thrive on the process. Each success incents a dozen greater ideas.

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5 Keys to Moving From Entrepreneur Thinking To Action

Startup Professionals Musings

If you think about it, most of the influential names in the entrepreneur world today, including Elon Musk and Richard Branson, have each started many companies, learning from each, and fully recognizing that not all are destined to be remembered. Rally people behind a higher purpose, not just a product.

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7 Personal Decisions That Delineate Your Best Startup

Startup Professionals Musings

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. Should I start out alone, or assemble a team first? A business is never a solo operation.

Startup 159
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Entrepreneurs Need The Right Mindset Before Products

Startup Professionals Musings

We would all prefer that aspiring entrepreneurs take a hard look in the mirror early, before they assume they can step easily into the role of a Mark Zuckerberg, Richard Branson, or Bill Gates. Being a visionary or an idea person is not enough; you have to be anxious to jump in and get your hands dirty.