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Why You Need Tools And Analytics For Employee Metrics

Startup Professionals Musings

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. Bigger organizations should invest in the new “big data” tools. Subjectively measuring employee engagement.

Metrics 98
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7 Stages In The Evolution Of A Startup To A Business

Startup Professionals Musings

Implement metrics and set objectives for every organization. Processes and organizations that have no objectives will produce less and less over time as they attempt to remove risk and potential problems. Growing the company means growing people through mentoring and training. You can’t manage what you don’t measure.

Startup 137
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7 Keys To Keeping Your Business Agile And Competitive

Startup Professionals Musings

That means making sure you are utilizing coaching and mentoring, as well as training to keep up with changes in technology and the marketplace. I still find many organizations that think of internal change in terms of months and years, or even worse, suffer from “analysis paralysis,” or studying a problem forever.

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5 Business Growth Drivers Facilitated By A Co-Founder

Startup Professionals Musings

Thus, in my mentoring of potential technical entrepreneurs who have a real passion for their technology, I often recommend that they find a co-founder who can manage the marketing and execution elements of the new venture. Ability to organize and motivate individuals into teams. Balance of passion with reality and customer feedback.

Mentor 133
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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. Utilize all the avenues for networking, including industry conferences, investor meetings, peer gatherings, and local civic organizations, to make your presence and value known.

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10 Strategies To Avoid Bad Risks In Your New Venture

Startup Professionals Musings

As a long-time mentor to entrepreneurs, here is my collection of smart risks that investors and I look for in new startups: Focus on a tough customer problem rather than a fun technology. Use metrics to measure results of marketing initiatives. Finding win-win deals is a manageable risk, versus a battle with one winner.

Resource 121
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7 Risks Of Not Leveraging Team Member Data Analytics

Startup Professionals Musings

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. Bigger organizations should invest in the new “big data” tools. Subjectively measuring employee engagement.

Tool 121