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5 Reasons To Enlist Outside Advisors For Your Startup

Startup Professionals Musings

Here are some key reasons why I believe every entrepreneur should create a formal Advisory Board or Board of Directors before they ask for funding, or even build their business plan: We all need a bit of reality to balance our passion. Bandwidth is a constraint we all feel. Learn how to build and manage a small team.

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6 Startup Challenges That Can Be Mitigated With Focus

Startup Professionals Musings

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. Your personal bandwidth is quickly exceeded. YouTube did it with videos, Instagram did it with photos, and Amazon did it with books.

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6 Myths On Starting A New Business That Can Kill You

Startup Professionals Musings

Starting a new business is fraught with challenges, and none of us has the bandwidth to kill them all. I have seen too many great ideas fail due to poor execution, and less impressive ideas succeed due to an innovative business plan, implemented and managed by the right team of entrepreneurs.

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5 Ways A Startup Benefits From Dual Partner Strengths

Startup Professionals Musings

When the team is at odds or confused, they need this steady force to keep them on track with the business plan. Visionaries typically don’t like running the day-to-day of the business on a long-term basis, and aren’t good at following through. Good integrators are fanatical about problem resolution and making decisions.

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6 Reasons Why More Is Not Better In Your Next Startup

Startup Professionals Musings

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. Your personal bandwidth is quickly exceeded. YouTube did it with videos, Instagram did it with photos, and Amazon did it with books.

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5 Reasons Two Founders As A Team Are Better Than One

Startup Professionals Musings

When the team is at odds or confused, they need this steady force to keep them on track with the business plan. Visionaries typically don’t like running the day-to-day of the business on a long-term basis, and aren’t good at following through. Good integrators are fanatical about problem resolution and making decisions.

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6 Ways That Lack Of Focus Can Kill Your Business

Startup Professionals Musings

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. Your personal bandwidth is quickly exceeded. YouTube did it with videos, Instagram did it with photos, and Amazon did it with books.

Bandwidth 262