Remove Marketing Remove Mentor Remove Metrics Remove Satisfaction
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8 Elements Of Ownership Thinking And Startup Success

Startup Professionals Musings

I have personally worked as an employee of large businesses, as well as a partner in new ventures, and found the latter to have more potential for satisfaction. Business owners whose priority is only a financial gain will struggle to find satisfaction and happiness. The return and satisfaction were greater than the cost.

Startup 111
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7 Strategies To Solve Your Business Problems Faster

Startup Professionals Musings

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.

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6 Building Blocks Make Amazon A Global Market Leader

Startup Professionals Musings

Every new business dreams of growing from a startup to a global market leader in a few years, like Amazon.com, but that goal is elusive. 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.

Marketing 123
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8 Tasks To Prepare You For Starting Your Own Business

Startup Professionals Musings

Based on my own experience as a mentor and angel investor, I find that as many as ninety percent of startups fail in the first five years, despite their best efforts. Pick a name, location, and marketing strategy early. Define key metrics to measure progress and success. Use comparable metrics for managing team member results.

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6 Ways To Improve Your Odds Of New Business Success

Startup Professionals Musings

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. Pivot early, as required, to tune your features and marketing to meet the market and technical realities.

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9 Stages to Building a Robust And Rewarding Business

Startup Professionals Musings

These are the timeless principles that must guide all hiring, marketing, and execution decisions. Implement the key business metrices you will live by. Identify the three most important metrics your business must hit every week to achieve growth goals. Increase you focus on coaching, training, and mentoring.

Metrics 140
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8 Career Advancement Principles Of Ownership Thinking

Startup Professionals Musings

Owners realize that customers and the market change rapidly these days, and innovative change is necessary to keep ahead of competition and survive. Quantify your results in terms of cost per transaction, higher customer satisfaction, lower prices, and profit per employee, rather than number of transactions or hours worked.