5 Startup Challenges That Derail Many Entrepreneurs

Startup Professionals Musings

As a mentor to entrepreneurs, I tend to see many of the same obstacles appearing in every new startup, and since I don’t want to appear to be a downer , I’m not sure how to properly warn people ahead of time to be on the alert for these challenges.

Why Smart Entrepreneurs Build Plans For Their Startup

Startup Professionals Musings

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Is it any wonder why so few entrepreneurs ever find the professional investors they seek?

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Advice For New Entrepreneurs

YoungUpstarts

In this article we serve you some great advice to help you make it as an entrepreneur. . The post Advice For New Entrepreneurs appeared first on Young Upstarts. Advice For The Young At Heart entrepreneur advice startup adviceHave you just started a new company?

5 Challenges No Entrepreneur Anticipates In A Startup

Startup Professionals Musings

Every entrepreneur I know finds it a challenge to balance the joys of entrepreneurship against a set of frustrations they never anticipated. The startup world is all about causing change and reacting to unknowns, so set your expectations early to deal with it.

5 Startup Tips From Successful Entrepreneurs

YoungUpstarts

If you have the entrepreneurial spirit and want to start your own business, use these 5 startup tips from the experts to get your idea off the ground. Today, these companies, and hundreds like them, have graduated from aspiring startups to behemoth conglomerates.

5 Keys to Moving From Entrepreneur Thinking To Action

Startup Professionals Musings

As a mentor to aspiring entrepreneurs, I’m always surprised by the fact that some never seem to be able to that first startup going, while many others never seem to stop, starting their second or third initiative before the first one is fully hatched.

8 Indications Of A Real Entrepreneur Versus A Hacker

Startup Professionals Musings

As a startup investor, I often see business proposals looking for funding that really look like expensive hobbies looking for donations. This is the first business process that every startup needs, that I wouldn’t expect to find for a hobby.

5 Crowdfunding Approaches To Tempt Every Entrepreneur

Startup Professionals Musings

Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. With this model, a startup pre-sells their product early, at a cheaper price, in exchange for a pledge.

10 Ways Entrepreneurs Limit Their Creative Potential

Startup Professionals Musings

Every entrepreneur believes in their heart that their startup is more innovative and creative than their competitors. creativity David Burkas entrepreneurs innovation myths

Startup Funding – A Comprehensive Guide for Entrepreneurs

ReadWriteStart

I have often been asked about Startup Funding by entrepreneurs. Many myths surround the subject of startup funding. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. These investments are made instead of shares or equity in your startup.

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.

Support For Millennial Entrepreneurs

YoungUpstarts

Millennial entrepreneurs are brimming with activity and energy. The Atlantic Council found that the early-stage entrepreneurial activity, which measures the rate of individuals actively involved in business start-ups, is highest in most countries for young entrepreneurs than for older ones.

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

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.

Thoughts on Sourcing Black Companies and Entrepreneurs

Feld Thoughts

The entrepreneur responded with a long explanation that was a brilliant and extremely helpful perspective for me. If we juxtapose that analogy with startups, your team will need to ask itself what criteria you’re using for startups.

10 Traits Demonstrate Entrepreneur Character Strength

Startup Professionals Musings

As I was watching the investor show, Shark Tank , on TV the other night, I was struck by how quickly and how extensively the sharks focused on the background and character of the entrepreneurs, compared to time spent evaluating their products. entrepreneur investors stregth of character

7 Personal Strategies That Define Great Entrepreneurs

Startup Professionals Musings

As an angel investor in startups, I’m a believer that smart investors invest more in you as the entrepreneur than the next billion dollar solution you are pitching. I’m not looking for words, but examples of how your habits and attributes have produced results, even before your startup.

8 Team Member Types Test Your Entrepreneur Leadership

Startup Professionals Musings

The most valuable assets of a new startup are the people on the team, and the most challenging task of the entrepreneur and team leaders is to spend their leadership time and energy productively. entrepreneur team leadership team members Victor Prince

6 Mistakes Entrepreneurs Make During the Nascent Stage of Their Startups

ReadWriteStart

And all of these were made possible by some brilliant entrepreneurs across the globe. Here are six mistakes entrepreneurs make during the nascent stage of their startups. And this very point sets an entrepreneur apart from a business person.

7 Ways Every Entrepreneur Should Evaluate A New Idea

Startup Professionals Musings

As an advisor to entrepreneurs, one of the most common requests I get is for an evaluation of a next startup idea. If your goals in life revolve around social change or the environment, aim in that direction for your startup, rather than maximizing revenue and profit.

5 Ways To Sample The Joy Of An Entrepreneur Lifestyle

Startup Professionals Musings

Even though I’m a big proponent of becoming an entrepreneur, it is definitely not for everyone. Here are a few of my favorites sampling techniques that I have seen work out well over the years: Take a job for a while with an early-stage startup.

7 Winning Business Writing Pointers For Entrepreneurs

Startup Professionals Musings

Even in this age of videos and text messages, the quickest way to kill your startup dream with investors, business partners, or even customers, is embarrassingly poor writing. business writing entrepreneurs tips for success

Entrepreneurs And Startups Drive Future Work Trends

Startup Professionals Musings

I have added my own insights, based on my experience advising and working with entrepreneurs and startups: Pay for results, rather than pay for work. In startups, and even corporate environments, I see the spread of collaborative social media platforms such as Yammer.

5 Keys To Negotiating Your Fair Share Of Any Startup

Startup Professionals Musings

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. The value in a startup is all about tangible results, so I see no equity value in the idea alone.

Startup Tips For Young Entrepreneurs

YoungUpstarts

Are there certain traits, factors or qualities that make someone a successful entrepreneur? In fact, older entrepreneurs have their own unique stories of how they became successful. Advice For The Young At Heart startup advice

Killer Marketing Plan For Startup Entrepreneurs

ReadWriteStart

The post Killer Marketing Plan For Startup Entrepreneurs appeared first on ReadWrite. Branding Customer Service Startups marketing Marketing Plan For Startups startupsWhy break the bank for your marketing needs when you can brainstorm your way to a killer marketing plan? The best marketing ideas come simple and cheap but these ideas do not come out of the blue. Your actual business plan will require an out-of-the-box, innovative thought process.

3 Enterprises For Health-Focused Entrepreneurs

YoungUpstarts

With that in mind, here are three possible enterprises for health-focused entrepreneurs. The post 3 Enterprises For Health-Focused Entrepreneurs appeared first on Young Upstarts. Others entrepreneur advice Entrepreneurship health sector health startup medical startup startup advice

7 Entrepreneur Questions To Select The Ideal Investor

Startup Professionals Musings

Too many entrepreneurs tell me they are looking for an investor, and can’t differentiate between venture capital (VC) investors versus accredited angel investors. How big is your startup opportunity? angel investor friends and family investor selection startup funding vc

5 Startup Tips for All Entrepreneurs

The Startup Magazine

There’s an extensive number of things to consider when you’re an entrepreneur; no matter your business category, these five startup tips can help you find your feet. Time is ridiculously valuable when you are an entrepreneur.

10 Frugal Startup Tips For Beginning Entrepreneurs

YoungUpstarts

Others budget management managing money money matters startup adviceWhen you’re just starting a business, money can be extremely tight. Overspend at the start and you could find that you don’t have enough cash to achieve your goals.

7 Ways Investors Assess Your Focus As An Entrepreneur

Startup Professionals Musings

Most of you aspiring entrepreneurs have new ideas on a regular basis, and find it hard deciding which to pursue, or try to tackle several at the same time. Most aspiring startups have a great product idea, but a good product doesn’t make a business.

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.

10 Incentives For Entrepreneurs To Bootstrap Their Startup

Startup Professionals Musings

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.

West Slope Startup Week

Feld Thoughts

West Slope Startup Week (WSSW) launched last week (this year in a virtual format) — a full month of online programming open to businesses across the state. This is, in part, why mentorship is so valuable to me and integral to EC and Techstars’ startup week programming.

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.

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.

7 Face-Saving Quotes For Entrepreneurs Ready To Quit

Startup Professionals Musings

When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Either could improve the statistic that half of startups fail within the first five years.

5 Pitfalls Entrepreneurs Should Avoid

The Startup Magazine

However, there are a few traps that catch those entrepreneurs who aren’t careful. We can’t name them all, but here are five of the most common and frequently overlooked entrepreneur pitfalls that you can and should avoid. Starting a new business venture is never easy.

We Need Entrepreneurs Who Think Like Revolutionaries

Startup Professionals Musings

The realm of an entrepreneur is all about change, but in my experience as a mentor to business founders, I hear too much about incremental change, and not enough about revolutionary change. As entrepreneurs adopt this new mindset, they are becoming fearless and more powerful.

Give a Great Startup Founder and Entrepreneur Media Interview

ReadWriteStart

It’s always on the checklist for a business and startup founder — get media attention. If you are a company or startup founder who has successfully secured the attention of a reporter and you’re nervous about your first real media interview, fear not!

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.

5 Ways To Build Startup Resilience And Avoid Failure

Startup Professionals Musings

One of the characteristics that every good investor looks for in an aspiring entrepreneur is resilience , or the ability to learn from and bounce back after a failure. Many experts tell me that more startups fail simply because their founder gives up, than for any other reason.

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.