Startup Professionals Musings

FEBRUARY 21, 2022

In my consulting work, when I ask team members in startups and small businesses how they know whether they are doing a good job, the typical response I get is “Nobody has yelled at me today,” or “No news is good news.” One mistake to avoid in all cases is to dress up praise as a comparison to others , such as “You were the best speaker today.”

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Startup Professionals Musings

APRIL 26, 2020

Almost every entrepreneur starts their journey by developing a solution, based on their idea of a new technology or required service. One answer is for the developer to find a partner, like Steve Jobs, who is a leader to build and run the business, and two heads in a startup are almost always better than one.

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Startup Entrepreneur Ideas Summary 124

Startup Professionals Musings

JULY 4, 2021

The last thing they can afford is to waste any of these, but in my mentoring and coaching activities, I see it happening all too often. Waste in a startup is any activity that burns resources, but creates no value or competitive advantage in the eyes of customers. In the startup world, this is often seen as a lack of focus.

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Startup Professionals Musings

OCTOBER 6, 2019

You have to be extra tough mentally to start a new business venture. He spent many years with the SEALs, but has since started and built six multimillion-dollar business ventures. To be an entrepreneur or a Navy SEAL, you must first have vision, focus, and the courage to step up to lead. Are you up to the challenge?

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Training Startup Entrepreneur Mentor 87

Startup Professionals Musings

JULY 17, 2013

Mentors tell you what you need to hear. When the message is the same from both, you don’t need the mentor anymore. In that sense, you should think of a mentor more like your advisor who has done all he can. Also don’t confuse a business mentor with a business coach. Friends tell you what you want to hear.

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Mentor Coach Startup Entrepreneur 101

Startup Professionals Musings

OCTOBER 4, 2020

One of the biggest impediments to starting a new venture is the “ terror barrier ,” as popularized by Bob Proctor, a 85-year-old millionaire and world renowned entrepreneur. If you want to be an entrepreneur and start a new business, you must be willing and able to break through your terror barrier. Work on one step at a time.

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Startup Professionals Musings

JUNE 27, 2020

Entrepreneurs inherently understand that they have to be the initial leader of their startup, but often they don’t have the experience or the training to know where their leadership competencies lie, or how to build a leadership team. They are excellent mentors and coaches, but have a strong need to be admired and respected in return.

Startup 173

Startup Entertainment Entrepreneur Coach 173

Startup Professionals Musings

SEPTEMBER 25, 2022

In fact, I have found from personal experience and mentoring that both of these are necessary, but not sufficient, for building a business. Great leaders learn to listen actively to conversations, so people don’t hold up progress just to be understood. Disruptive office politics start to show.

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Training Coach Startup Entrepreneur 142

Startup Professionals Musings

AUGUST 28, 2017

As a long-time mentor and business advisor, I find it ironic that many look only to friends for advice. They forget that friends tell you what you want to hear, while good mentors tell you what you need to hear. When the message is the same from both, you probably don’t need the mentor anymore, but you always need the friend.

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Startup Professionals Musings

JUNE 5, 2023

In big businesses, people are quick to defer with “that’s not my department,” and even startup founders too often blame failures on the economy or the lack of investors. His advice starts with a request to stop blaming, and start asking, “What can I do to improve this situation?” The Question Behind The Question.”

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Startup Resource Training Tool 96

Startup Professionals Musings

JANUARY 15, 2023

Almost every entrepreneur starts their journey by developing a solution, based on their idea of a new technology or required service. One answer is for the developer to find a partner, like Steve Jobs, who is a leader to build and run the business, and two heads in a startup are almost always better than one.

Develop 110

Develop Development Startup Entrepreneur 110

Startup Professionals Musings

JULY 28, 2021

As an angel investor in early-stage startups, I’ve long noticed my peers apparent bias toward the strength and character of the founding entrepreneurs, often overriding a strong solution to a painful problem with a big opportunity. Find and enjoy the company of one or more mentors. That means all of us have a chance.

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Entrepreneur Mentor Ideas Invest 165

Startup Professionals Musings

JUNE 15, 2012

Mentors tell you what you need to hear. When the message is the same from both, you don’t need the mentor anymore. In that sense, you should think of a mentor more like your advisor who has done all he can. Also don’t confuse a business mentor with a business coach. Friends tell you what you want to hear.

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Mentor Coach Startup Ideas 95

Both Sides of the Table

OCTOBER 26, 2020

Kara said “no” because she wanted to start her own company, which she did and I backed. In any job you either find leadership opportunities for your best people BEFORE they ask or other people start asking them to become leaders somewhere else. Leadership is about recognizing your next generation of talent and helping lift them up.

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Startup Professionals Musings

MARCH 15, 2020

In fact, I believe the majority of true entrepreneurs are not interested in this new role, and jump ship quickly by hiring an experienced CEO or merging with another company, to start their next entrepreneurial effort. That means making sure the right people are hired, trained, and in the right place at the right time.

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Startup Professionals Musings

OCTOBER 9, 2020

Due to the pervasive Internet, the scope of most successful startup teams today has become global. According to recent reports , these come from all the way up and down the age and experience spectrum, including up to ninety percent of the current Baby Boomers, as well as Millennials.

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Competition Startup Demand Training 168

Both Sides of the Table

APRIL 10, 2014

In a VC business when you raise additional capital you need to “level up” and act the round you are. I’d say 20% of startups I see level-up early after their A round. These are important leveling-up activities but the CEO is often still up at 10pm f **g around with QuickBooks entries.

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Startup Professionals Musings

MARCH 25, 2022

I agree with those of you who tell me that you learn the most from your own mistakes, but that shouldn’t keep you from starting with some best practices , and the feedback from others who have been there and done that. Start business discussions only from a positive mindset. Hire the best, and provide necessary training and tools.

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Startup Training Tool Demand 134

Startup Professionals Musings

APRIL 10, 2021

It can come from experience, or from training in a prior company, and it can even be self-taught from the Internet by smart entrepreneurs, just like they learned the skill of establishing a company, negotiating a contract, or filing a patent. : Inspire, Motivate, and Bring Out the Best in Your People.” Organize your work before you begin.

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Startup Organization Training Entrepreneur 171

Startup Professionals Musings

AUGUST 30, 2023

Listen to your team, mentors, and customers to recognize real successes and failures, and surround yourself with people who can fill in the gaps. Practice, train, and rehearse giving 100 percent. In my experience as a startup investor, I have become convinced that the biggest reason for business failure is giving up too early.

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Mentor Startup Coach Satisfaction 104

Startup Professionals Musings

NOVEMBER 3, 2018

In big businesses, people are quick to defer with “that’s not my department,” and even startup founders too often blame failures on the economy or the lack of investors. His advice starts with a request to stop blaming, and start asking, “What can I do to improve this situation?” The Question Behind The Question.”

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Startup Resource Training Tool 96

Startup Professionals Musings

AUGUST 31, 2022

In my role as a business mentor and advisor, I now always look for a culture and recommend team roles that nurture collaboration rather than contention, communities rather than silos , and transparent communication at all levels. Where do you see your fit in this leadership transformation ? Discourage internal team competition and silos.

Organization 105

Organization Mentor Startup Training 105

Startup Professionals Musings

SEPTEMBER 12, 2020

In big businesses, people are quick to defer with “that’s not my department,” and even startup founders too often blame failures on the economy or the lack of investors. His advice starts with a request to stop blaming, and start asking, “What can I do to improve this situation?” The Question Behind The Question.”

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Startup Resource Training Tool 147

Startup Professionals Musings

JUNE 30, 2021

By definition, all of you entrepreneurs are leaders, by taking the initiative to start a new company. Yet I have learned over the years as a startup advisor that all business leaders are not the same. You generally don’t fix things by throwing them away and starting over. The time to get started is now.

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Startup Professionals Musings

JANUARY 2, 2021

They are quick to claim the credit for things in their domain that work, but also quick to disclaim responsibility for problems that keep popping up. He later closed more than 8,000 of his stores for a day to provide employee racial-bias training. Communication must be positive and consistent, both up and down the line.

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Training Examples Startup Social Media 173

socalTECH

JUNE 1, 2017

The Los Angeles Cleantech Incubator (LACI) has just received $5M to fund a new initiative, called Energize California , to help boost clean technology startups. READ MORE>>.

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Incubator Orange County Santa Barbara Ventura 133

Startup Professionals Musings

JUNE 30, 2023

One of the biggest impediments to starting a new venture is the “ terror barrier ,” as popularized by Bob Proctor, a 85-year-old millionaire and world renowned entrepreneur. If you want to be an entrepreneur and start a new business, you must be willing and able to break through your terror barrier. Work on one step at a time.

Satisfaction 124

Satisfaction Startup Entrepreneur Mentor 124

Startup Professionals Musings

APRIL 13, 2014

Let me assure you that it is also alive and well within startups. I see startup founders and managers who are stalled transplants from large organizations, as well as highly-capable technologists trying to start and run a business for the first time. How many technologists have tried to run startups and failed?

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Startup CTO Coach Training Organization 99

Both Sides of the Table

APRIL 19, 2011

I recently sat down with Matt Coffin , the founder of LowerMyBills, which sold for $400 million but was very nearly a bankruptcy only a few years early, and talked “startups.&#. Matt is one of the most transparent, focused & honest startup guys you’ll meet. Or read the quick, informative summary below the image!

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Acquisition Startup Customer Custom 304

Startup Professionals Musings

DECEMBER 10, 2022

In my own experience as a startup advisor and mentor, I find that entrepreneurs who can’t attract and maintain a highly motivated team rarely even get off the ground. Thus if you want to change the world with your new business, you need to follow the example of startups like Zappos , which hires according to cultural fit first.

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Examples Mentor Activity Product 145

socalTECH

OCTOBER 26, 2015

We spoke with Jonathan Kohn , the founder and CEO of Fitspot, on what the startup is all about. We have about 350, nationally certified, trainers on the platform, all vetted internally by us, and by our mentor network. The flat rate includes use of those locations during training sessions. How did you start the company?

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Training Startup Orange County Malibu 100

Startup Professionals Musings

JANUARY 23, 2022

As a business advisor and investor in new startups, I see how difficult it is to make any process work, no matter how well designed, if the team is dysfunctional. Priority is placed on employee mentoring and coaching. The right people make productive processes, not the other way around.

Coach 128

Coach Organization Mentor Startup 128

Startup Professionals Musings

AUGUST 15, 2015

In fact, I have found from personal experience and mentoring that both of these are necessary, but not sufficient, for building a business. Great leaders learn to listen actively to conversations, so people don’t hold up progress just to be understood. Disruptive office politics start to show.

Startup 103

Startup Training Coach Entrepreneur 103

Startup Professionals Musings

JANUARY 18, 2023

For example, the Ritz-Carlton Hotel Company has implemented a practice of authorizing employees, after relevant training, to spend up to $2,000 per guest, without pre-approval, to solve a special requirement for any guest that will make their visit totally memorable. Great customer service now must be proactive, rather than reactive.

Competition 109

Competition Services Customer Custom 109

Startup Professionals Musings

APRIL 13, 2011

Mentors tell you what you need to hear. When the message is the same from both, you don’t need the mentor anymore. In that sense, you should think of a mentor more like your advisor who has done all he can. Also don’t confuse a business mentor with a business coach. Friends tell you what you want to hear.

Mentor 98

Mentor Coach Ideas Entrepreneur 98

Startup Professionals Musings

NOVEMBER 15, 2021

Top performers want to know how to stand out, and business leaders need to know how to better recognize and mentor aspiring superstars before they burn out, or move on to new opportunities. While others wait for direction, step up and lead. The days of hiding in your office and working in isolation are gone.

Demand 123

Demand Mentor Startup Coach 123

Startup Professionals Musings

DECEMBER 21, 2019

In fact, I have found from personal experience and mentoring that both of these are necessary, but not sufficient, for building a business. Great leaders learn to listen actively to conversations, so people don’t hold up progress just to be understood. Disruptive office politics start to show.

Training 123

Training Coach Startup Entrepreneur 123