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6 Lessons Most Entrepreneurs Only Learn On The Street

Startup Professionals Musings

In my role as a mentor to aspiring entrepreneurs, I find that most have the technical challenges well understood, but many are a bit short on some basic street smarts , or basic business realities. Although Elon Musk doesn’t talk about it very much, he owns over 350 patents through Tesla, just one of his many companies.

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5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day. Use social media for early marketing. Social media is not rocket science.

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7 Indications Of Your Ability To Get Business Results

Startup Professionals Musings

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. Registered patents and other intellectual property. Finally I realized that venture capital and angel investors are actually humans, despite some views to the contrary.

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5 Ways To Conserve Investor Cash And Ensure Survival

Startup Professionals Musings

As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day. Use social media for early marketing. Social media is not rocket science.

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7 Personal Attributes That Attract Investor Attention

Startup Professionals Musings

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. Registered patents and other intellectual property. Finally I realized that venture capital and angel investors are actually humans, despite some views to the contrary.

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6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

There are lots of resources available for the challenge of that activity, including the Internet and mentors like me. I suggest you use social media, blogging, crowdfunding, or documented research to quantify a real demand from people who can afford it, and don’t have a better alternative already out there.

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5 Tips To Keep Your Startup Productive, Not Just Busy

Startup Professionals Musings

For example, you may feel you are saving money by doing all your own administrative work and monitoring social media feedback. I’m a total believer in servant leadership and mentoring others, but nobody wins when you are in charge as an entrepreneur, and the business fails because you didn’t do your job.

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