Startup Professionals Musings
MAY 29, 2019
Amazon is famous for their Two-Pizza.Teams (no bigger than two pizzas will feed), allowing an entrepreneurial mindset more autonomy, agility, and accountability. The business owner must be the leader of the team, written specs are required, and the team must be populated only with A+ people. Master the magic of small autonomous teams.
Startup Professionals Musings
NOVEMBER 7, 2022
Even with advantages that independent startups can never hope to match, including brand recognition, customers, financial capital, and distribution, I don’t often see the entrepreneurial passion for innovation, agility, and team perseverance exhibited by new startups. A documented business plan for the new venture is critical here.
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Startup Professionals Musings
APRIL 5, 2021
To convert your passion into tangible business value, write a business plan that makes financial sense for the needs and future goals of your startup, and have it checked by an expert. No amount of startup planning can accurately predict the unexpected twists and turns imposed by reality. Execute with focused flexibility.
Startup Professionals Musings
AUGUST 12, 2019
We certainly want to hear about any positive feedback you have from potential customers on your idea, your prototype, and your business model, but that better not be the end of the story. We want to see a documented business plan that clearly addresses this challenge.
Startup Professionals Musings
MAY 29, 2017
As a long-time business advisor, and occasional investor, I have seen many successful businesses lead by college dropouts and people with average intelligence. Investors don’t look at CEOs for advanced degrees, but they do look for experience and emotional intelligence, often before they even evaluate the business plan.
Startup Professionals Musings
JANUARY 6, 2023
Many of the business plans I have seen as an investor, like trying to integrate all the social media features of Facebook, Twitter, and LinkedIn into a new platform, don’t do it. It’s tough for an elephant to be agile. Focus is the art of limiting your scope to the key function that really matters for the majority of customers.
Startup Professionals Musings
APRIL 11, 2020
Many of the business plans I have seen as an investor, like trying to integrate all the social media features of Facebook, Twitter, and LinkedIn into a new platform, don’t do it. It’s tough for an elephant to be agile. Focus is the art of limiting your scope to the key function that really matters for the majority of customers.
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