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6 Initiatives To Prep Your Startup For The Road Ahead

Startup Professionals Musings

Change is about the only thing constant in the world of startups. Since the startup environment is usually more volatile, the challenge there in balancing advantage, risk, and performance, is more critical than in big companies. It starts at the top with the founder and CEO, but has to extend quickly to the bottom of the organization.

Startup 116
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8 Ways To Ensure Customer Interactions Are Memorable

Startup Professionals Musings

For example, I commonly see metrics to keep track of revenue per employee, overtime, and absenteeism, but I don’t often see measures of overall customer satisfaction with individual employees. Provide training, tools, and required decision authority. Incentives should be a combination of metrics and recognition to highlight results.

Customer 147
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Here’s Why a Booming Tech Market May Fool You into Thinking You’re Successful

Both Sides of the Table

For what ever reason we’re wired to have amnesia during the run up and prescient memories of how we ‘knew it all along’ as soon as the slide begins. Once you understand both sides of the cycle you start to recognize signs of behavior during each phase. ROI studies were published. Who is the executive sponsor?

Marketing 354
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10 Steps To Second Stage Success For Your New Venture

Startup Professionals Musings

According to one study a decade ago, only 45% of founders plan to exit after stage one, and my guess is that less than half the remainder survive the next stage in their own company. If you are one of the many entrepreneurs who aspire to get beyond the “art of the start,” there are some proven principles to follow.

Sales 147
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7 Keys To Keeping Your Business Agile And Competitive

Startup Professionals Musings

Start small and move quickly to test new approaches that can be scaled up later, with an understanding that some will fail. That means making sure you are utilizing coaching and mentoring, as well as training to keep up with changes in technology and the marketplace. Adopt some key metrics to measure your change agility.

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10 Keys To Surviving From A Startup To An Enterprise

Startup Professionals Musings

According to one study a while back, only 45% of founders plan to exit after stage one, and my guess is that less than half the remainder survive the next stage in their own company. If you are one of the many entrepreneurs who aspire to get beyond the “art of the start,” there are some proven principles to follow.

Startup 97
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7 Strategies To Solve Your Business Problems Faster

Startup Professionals Musings

Of course, this all has to start with you having the confidence and conviction that there is at least one solution to every problem, and that you can find it. Team members, including yourself, who are not engaged or determined will ignore problems, or will give up too soon. Provide training and tools to upgrade solution skills.