Startups Need Employees Who React Like Entrepreneurs

Startup Professionals Musings

Every startup lucky enough to get some traction gets to the point where they decide to hire some “regular employees” for sales, marketing, and administrative tasks. What they should be doing is hiring only “entrepreneurs,” meaning people who think and act as if this is their own business.

Smart Entrepreneurs Build Startups Without Investors

Startup Professionals Musings

In my experience as an advisor to aspiring entrepreneurs, I often encounter the myth that an initial startup requires investors. Outside funding is not a startup entitlement. Flaws in a business plan are often masked by money, but ultimately will kill any startup.

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The Smartest Entrepreneurs Bootstrap Their Startup

Gust

There is so much written these days about how to attract investors that most entrepreneurs “assume” they need funding, and don’t even consider a plan for “bootstrapping,” or self-financing their startup. General startup expenses are beyond your means.

A Startup Visa – The International Entrepreneurs Rule – Form I-941

Feld Thoughts

On Friday, the USCIS proposed The International Entrepreneurs Rule. We finally will have a startup visa! The best summary I’ve seen so far is from Tahmina Watson titled International Entrepreneurs Rule (Obama’s Startup Visa Alternative)- Detailed Summary by Tahmina.

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10 Tips For Managing Entrepreneur Startup Overload

Startup Professionals Musings

One of the most common complaints I hear from entrepreneurs is that they are overwhelmed by the workload and stress of starting their company. Wearing all the hats required to initiate a startup is tough in the best of situations. entrepreneur manage startup stress workload

Every Entrepreneur Dreams Of A Startup Without Risk

Startup Professionals Musings

Serious entrepreneurs know that, but too many “wannabes” still fall for that elusive get-rich-quick scheme with no risk. As an active Angel investor, I still hear entrepreneurs asserting large opportunities with minimal risk and no competition.

Let Me Count The Ways Entrepreneurs Fund Startups

Startup Professionals Musings

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” These are tough for a first-time entrepreneur. Trade equity or services for startup help. Join a startup incubator or accelerator.

7 Attributes of An Entrepreneur's Startup Dream Team

Startup Professionals Musings

Thus the top priority of every entrepreneur who wants funding should be to build and highlight their “dream team” of co-founders, executives and advisers, to attract the biggest and best investors. Solo entrepreneurs rarely find an investor. dream team entrepreneur investor startup

10 Incentives For Entrepreneurs To Bootstrap Their Startup

Gust

In my experience, that’s actually the worst way to start, for reasons I will outline here, and also the least common way, according to an authoritative survey of new startups. Eighty percent of new entrepreneurs use this approach, with only six percent using investor funding.

Smart Entrepreneurs Plan Ahead For A Startup Exit

Startup Professionals Musings

The last thing a new entrepreneur wants to think about for a new startup is how it will end. Startups with no exit planned will minimize investor returns. Most entrepreneurs like the startup role, but not the big-company role. You can kick-off your next startup.

Tianyi Joe Zhu, Entrepreneur and Startup Advocate

The Startup Magazine

Here at The Startup Magazine , we don’t typically “do” press releases, but occasionally an item comes to us that warrants including it in the magazine. ” So what’s next for the young entrepreneur?

8 Entrepreneur Challenges Founders Don’t Anticipate

Startup Professionals Musings

Every new entrepreneur who has not spent years in corporate life has the advantage of an unbiased look at business opportunities, but at the same time has the disadvantage of missing critical business experiences that can cost them dearly in their first startup venture.

Playing Startup

Agile VC

I’ve observed what may be an emerging trend, at least in some startups, that I find somewhat unsettling. But I think it’s important to discuss, particularly given today’s heady environment for startups. The post Playing Startup appeared first on AGILEVC

Playing Startup

View from Seed

I’ve observed what may be an emerging trend, at least in some startups, that I find somewhat unsettling. But I think it’s important to discuss, particularly given today’s heady environment for startups. But I’ve witnessed more and more “playing startup” in recent months.

The Discipline Of Execution Defines An Entrepreneur

Gust

When entrepreneurs come to me with that “million dollar idea,” I have to tell them that an idea alone is really worth nothing. Execution is making things happen, and for startups it usually means making change happen, which is even more difficult. TED Conference image via Wikipedia.

Why ADD Might Actually Benefit Startup Entrepreneurs

Both Sides of the Table

” This sentiment is probably familiar to many entrepreneurs and it must certainly resonates with anybody who suspects he or she has ADD. It was called “ Delivered from Distraction ” and it outlines many successful executives with ADD and in particular some famous entrepreneurs. ” So as I realized that ADD is a trait found in many successful CEO and entrepreneurs and that it has this creative benefit I started to feel better and look at how to improve my life.

7 Entrepreneurs With Insanely Useful Startup and Entrepreneurship Blogs

YFS Magazine

Here's a look at the best blogs, created by entrepreneurs, that contain insight to help you work smarter. Plan blogs business blog startup advice startup lessons

These 8 Disciplines Define A Fundable Entrepreneur

Startup Professionals Musings

Aspiring entrepreneurs often ask me what to do first when starting a business. Instead, entrepreneurs need to focus first on execution disciplines and timing. Your credibility as an entrepreneur is at stake. For investors, it’s all about confidence in the entrepreneur.

The Smartest Entrepreneurs Bootstrap Their Startup

Startup Professionals Musings

There is so much written these days about how to attract investors that most entrepreneurs “assume” they need funding, and don’t even consider a plan for “bootstrapping,” or self-financing their startup. General startup expenses are beyond your means.

4 Ways Entrepreneurs Can Create More Innovations

Startup Professionals Musings

In today’s fast moving world of business startups, learning trumps knowing every time. With my focus on startups, I can translate very easily how her points lead to more innovation even in the entrepreneurial environment: Maintain an unencumbered mind.

4 Chasms And 5 Customer Types That Kill Entrepreneurs

Startup Professionals Musings

Moore titled “ Crossing the Chasm ,” but most entrepreneurs have no idea how it relates to them. Most investors and startup professionals expand this concept of focus to apply to key issues of every aspect of strategic and tactical planning in a startup.

A New Era For Entrepreneurs And Startups Has Begun

Startup Professionals Musings

Since the recent recession, and at least partially sparked by it, I’m seeing a real resurgence of entrepreneurial spirit, and more startup activity than ever before. Thus a record number of entrepreneurs (and employees) are getting rich. Women are a growing force as entrepreneurs.

8 Entrepreneur Mindsets That Investors Seek Out

Startup Professionals Musings

An entrepreneur is literally “one who creates a new business.” It allows entrepreneurs to challenge what is already “known” to extrapolate that to an original idea. That’s really the best indication of a true entrepreneur.

Why Every Entrepreneur Needs A Startup Co-Founder

Startup Professionals Musings

It seems like every entrepreneur I meet these days is quick to proclaim themselves a visionary, expecting that will give more credibility to their startup idea, and improve their odds with investors. cofounder entrepreneur execution startup visionary

10 Controversial Lessons From Serious Entrepreneurs

Startup Professionals Musings

Most people agree that entrepreneurs have to think differently and take risks to have much chance of building a successful business. In the classic book “ The Entrepreneur Mind ,” from serial entrepreneur Kevin D. Great entrepreneurs aren’t interested in being bosses at all.

The Discipline Of Execution Defines An Entrepreneur

Startup Professionals Musings

When entrepreneurs come to me with that “million dollar idea,” I have to tell them that an idea alone is really worth nothing. Execution is making things happen, and for startups it usually means making change happen, which is even more difficult. entrepreneur execution focus startup

9 Entrepreneur Leadership Principles Worth Practicing

Startup Professionals Musings

Entrepreneurship is all about leading – leading customers to a new product or service, leading a startup team to peak performance, and leading a new business to the market opportunity, while providing maximum return to stakeholders. business entrepreneur leadership practice startup

Startup Communities Are Up To The Entrepreneurs

Feld Thoughts

As I continue to talk about Startup Communities , I say over and over and over again that the leaders have to be entrepreneurs. Everyone else – who I call the “feeders” (government, university, non-profits, big companies, VCs, angel investors) – have an important role, but the leaders must be entrepreneurs. I was interviewed recently in MIT Technology Review in an article titled It’s Up to You, Entrepreneurs.

7 Habits Practiced By Highly Effective Entrepreneurs

Startup Professionals Musings

In my years of working with entrepreneurs, I have heard many times the promise that their new idea will create the next Amazon or Apple, but I rarely hear the more important promise that the founder will practice all the good habits of winning entrepreneurs like Jeff Bezos and Steve Jobs.

How Entrepreneurs Attract Friends, Family And Fools

Startup Professionals Musings

Image via Flickr by Jupiter Labs Many first-time entrepreneurs find themselves unable to bootstrap their startups, and also unable to find early funding at the venture capital level or even with angel investors. Tie re-payments to revenue growth in the startup.

Startup Advice

Both Sides of the Table

I usually tell people that everything I learned about being an entrepreneur I learned by F’ing up at my first company. Continue reading on Medium

The Loneliness of an Entrepreneur

Feld Thoughts

What struck me was your point about the gap between expectations in the role of CEO or startup founder, or investor – and the reality of depressive events/emotions that are often present – but no one gets to expose or relinquish. I used to *hate* seeing people around town or whatever because they’d ask “how’s the startup going?” The post The Loneliness of an Entrepreneur appeared first on Feld Thoughts.

Motivational Hacks From 4 Successful Entrepreneurs

YoungUpstarts

So take a look at these motivational hacks from four successful entrepreneurs to bounce out of bed tomorrow with a fresh new outlook. Eric Pulier rose from relatively humble beginnings to found a string of successful tech startups. Who are your favourite entrepreneurs and why?

Entrepreneurs Are Winning With A New Startup Model

Startup Professionals Musings

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. It’s time for a new startup model. How far behind is your startup?

10 Personality Types That Shouldn’t Be Entrepreneurs

Startup Professionals Musings

People who get stressed managing their own lives don’t make good entrepreneurs. That’s why Fortune 500 executives usually don’t survive as startup CEOs. You need a thick skin to be an entrepreneur. entrepreneur personality startup stressed

The Manual-First Startup

Vinicius Vacanti

It’s now clear to me that not building that crawling technology early on was one of the reasons our startup succeeded. Many Startups Take the “Manual-First” Startup Approach. I know because Yipit was one of the first startups to use AngelList to raise funding.

10 Common Dilemmas That Derail Many Entrepreneurs

Startup Professionals Musings

Most entrepreneurs struggle with many startup founders dilemmas in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. Otherwise exit and startup with another idea.

7 short hints for startups and entrepreneurs

Taffy Williams

Entrepreneurs have dreams. The difference is that the entrepreneurs buy a ticket to play. You can also find him in the group Startup Group on Linkedin. entrepreneur Startup leadership

Smart Entrepreneurs Make Better Decisions Faster

Startup Professionals Musings

Every so often a promising entrepreneur seems to freeze in the oncoming headlights and gets run over by his competition. These points may sound obvious, but the process is certainly contrary to the popular “shoot from the hip” approach that is practiced by some entrepreneurs.

10 Entrepreneur Alternatives To Investor Funding

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Join a startup incubator.