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6 Startup Lessons Learned By Passionate Entrepreneurs

Startup Professionals Musings

Thus, I was happy to see my perspective solidified and detailed with real examples in a timely book, “ Mission Possible: How to Build a Business for our Times ,” by Alexandre Mars. Then pursue the people and education you need to build a winning business. You need a team and relationships to run a business.

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10 Keys To Raising Your New Venture Funding Potential

Startup Professionals Musings

Investors, partners, team members, and customers implicitly value or devalue a startup based on the leader’s physical presence, emotional identity, social skills, intellectual agility, moral values, and past performance in the domain. I have paraphrased his key points here as follows: Leader personal impact. Leadership brand development.

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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. If we build it, they will come” doesn’t work in today’s worldwide information overload.

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5 Keys To Being Seen As A Valued Contributor At Work

Startup Professionals Musings

As I talk to business owners and entrepreneurs, I’m surprised at how many complain about team members who feel taken for granted , or have contributions not appreciated. Some good team members I know can’t resist the urge to say “yes” to all new requests, even when it jeopardizes their ability to deliver existing high priority work.

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7 Startup Leadership Keys To Ramp Up Team Commitment

Startup Professionals Musings

It takes an engaged team , or a group of well-connected teams , to build and run a business today. Here is my list of actions that you can start today to improve your impact through real team interaction: Personally get to know all key team members. A business and a team is more about relationships than roles.

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5 Equity Distribution Parameters For Key Contributors

Startup Professionals Musings

Building a new business is quite different from an executive role in a mature company, so people from these backgrounds are often a liability. Building the product may be the easy part of your startup challenge. In other words, the CEO need not be top equity owner, but should be the one with the most business skill and experience.

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6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. You need to capture the learning in your own team from the evolution. Spend time building relationships, ask for referrals, and follow up.