Startup Professionals Musings

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10 Attributes Of The Perfect Partner For Your Startup

Startup Professionals Musings

Very few entrepreneurs have the range of skills and experience to be the solution creator as well as business creator, or operational as well as sales leader. The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. Some people are too independent to be partner material.

Partner 385
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5 Ways A Startup Benefits From Dual Partner Strengths

Startup Professionals Musings

Let’s take a hard look at the key potential weaknesses of a visionary, and the value of an execution-oriented partner, which the authors call an integrator : Staying focused and following through. Balance here comes again from the operational expert, who is very good at leading, managing, and holding people accountable.

Partner 206
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How to Pick a Partner Who Will Amplify Your Efforts

Startup Professionals Musings

Very few entrepreneurs have the range of skills and experience to be the solution creator as well as business creator, or operational as well as sales leader. The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. Some people are too independent to be partner material.

Partner 140
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5 Pitfalls to Avoid When Transforming Your Business

Startup Professionals Musings

New digital technologies, business models, and regulatory rulings are forcing all of us to think outside of our silos and rethink what it means to operate effectively. In many cases, I see leaders lulled into a false sense of complacency by adequate short-term returns, and the pressures of daily operations.

Partner 350
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7 Startup Partner Pairings That You Are Apt To Regret

Startup Professionals Musings

If you think about it, you should realize that not everyone is ‘ideal partner material.’ Most of us learn that fact from other partner relationships, like dating and marriage. It works much better when one partner is the visionary, and the other is the pragmatic “get it done today” kind of person.

Partner 351
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5 Equity Distribution Parameters For Key Contributors

Startup Professionals Musings

The next default of waiting until later is equally bad, since partners who bow out early will still expect an equal share of that first billion you make later. Cofounders only able to work part-time, with responsibility and major income sources elsewhere, don’t carry the same risk as others with more operational responsibility.

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How To Scale Your Startup Far Beyond Organic Growth

Startup Professionals Musings

Add basic partner contracts or alliances. Using contracts with partners for growth resources (“borrowing”) is best when you can both define the resources clearly and protect them with effective contractual terms. Too much reliance on growth via contracts and alliances makes you vulnerable to partners’ actions and conflicts of interest.

CTO Hire 330