article thumbnail

5 Ways Startup Entrepreneurs Can Gain More Knowledge

YoungUpstarts

Educate yourself in a variety of ways as a startup entrepreneur. The post 5 Ways Startup Entrepreneurs Can Gain More Knowledge appeared first on Young Upstarts. Others entrepreneur advice learning

article thumbnail

8 Ways To Minimize Entrepreneur Burnout In A Startup

Startup Professionals Musings

New entrepreneurs routinely jump into a startup with a full charge of passion and energy, but often find themselves drained of both after a few months by the workload and challenges. Of course, this same challenge extends well beyond the entrepreneur, into all walks of life and work.

Insiders

Sign Up for our Newsletter

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

article thumbnail

6 Mistakes Often Made By Entrepreneurs Due To Passion

Startup Professionals Musings

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. With the success of Facebook and Twitter, I still see new social media startups almost every day, with most destined to fail. Startups can go down many times faster than they go up.

article thumbnail

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.

article thumbnail

Top 10 Characteristics Of Successful Startup Entrepreneurs

YoungUpstarts

Want to be your own boss and found a startup? The post Top 10 Characteristics Of Successful Startup Entrepreneurs appeared first on Young Upstarts. Advice For The Young At Heart entrepreneur advice Jeff Solomon startup advice

article thumbnail

Startup Secrets for New Entrepreneurs

The Startup Magazine

Fortunately, there are many tips and startup secrets to help you maximize the likelihood that your entity will survive and flourish. Too often, entrepreneurs get caught up in a rush to do everything at once.

article thumbnail

8 Types of Aspiring Entrepreneurs Who Will Not Start

Startup Professionals Musings

Every entrepreneur I know is dismayed by the number of friends who approach them with a line such as “I have an even better idea that will change the world, and one of these days I’m going to get around to starting my own business.” Focus” is the key to success as an entrepreneur.

article thumbnail

The Next Entrepreneurs And Startups

YoungUpstarts

The most successful entrepreneurs have always used the realities of the environment around them as a basis for exploring opportunities and developing new ideas that actually provide value for people and are structured to create profit. Traditional startup best practices remain timeless.

article thumbnail

8 Entrepreneur Mistakes That Turn Off Real Investors

Startup Professionals Musings

After many years of working with angel investors seriously trying to find new ventures worthy of their hard-earned money, I find their frustration often exceeds that of entrepreneurs sincerely looking for financial help. entrepreneur frustration investor money startup mistakes

article thumbnail

7 Technology Entrepreneur Examples You Should Emulate

Startup Professionals Musings

By most definitions of the term, an entrepreneur is someone who starts a new business, incorporating innovative changes to existing products, services, business models, and creating new markets. best entrepreneurs Peter Andrews startups uber

article thumbnail

6 Reasons To Ease Into The Entrepreneur Startup Dream

Startup Professionals Musings

Billionaire entrepreneur and "Shark Tank" co-host Mark Cuban is an outspoken proponent of the all-in early approach in a video interview, and made it clear that he gives no credibility and low odds to founders seeking funding who have not fully committed their time and efforts to their cause.

article thumbnail

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?

article thumbnail

10 Self-Assessment Checks For Aspiring Entrepreneurs

Startup Professionals Musings

Therefore, the least you can do is take advantage of some of the self-assessment tools and guides around, like the classic book “ The Entrepreneur Equation ,” by Carol Roth, which highlights personal characteristics and skills required. carol roth entrepreneurs self-assessment startup

article thumbnail

10 Mindset Elements That Tag You As An Entrepreneur

Startup Professionals Musings

As a startup advisor and investor, I’ve met many aspiring entrepreneurs, and I often get asked the question, “I have a great idea for a startup – do you agree that it real potential?” If we build it, they will come” is not a viable startup strategy.

article thumbnail

4 Entrepreneur Categories Hunt For Market Innovations

Startup Professionals Musings

Most entrepreneurs believe they are “different,” but they can’t quite understand how. The classic book, “ Hunting in a Farmer's World: Celebrating the Mind of an Entrepreneur ,” by serial entrepreneur and business coach John F. entrepreneur farmer hunter john dini

article thumbnail

6 Startup Challenges That Can Be Mitigated With Focus

Startup Professionals Musings

Many passionate entrepreneurs fight to add more features into their new products and services, assuming that more function will make the solution more appealing to more customers. No startup can implement a broad strategy quickly enough to stay ahead.

Startup 231
article thumbnail

6 Success Mistakes Often Made By Serial Entrepreneurs

Startup Professionals Musings

Here are some key insights that I and others have collected for mature company leaders, as well as serial entrepreneurs. The current geopolitical tensions and the pandemic have and will continue to upset markets that were thought to be golden by many entrepreneurs and business owners.

article thumbnail

8 Unpublicized Strategies From Serious Entrepreneurs

Startup Professionals Musings

The message I hear publicly from most entrepreneurs is that you have to think outside the box and take big risks to ever beat the odds and be among the less than ten percent that experience real success. Serious entrepreneurs will privately admit the business is first, and the family second.

article thumbnail

10 Disciplines Every Entrepreneur Needs To Practice

Startup Professionals Musings

Innovation is the key to long-term business success, both in startups as well as established organizations. Yet every business and every entrepreneur I know struggles with this challenge, focused on hiring the right people and implementing the right process.

article thumbnail

8 Entrepreneur Attributes Proven To Attract Investors

Startup Professionals Musings

As an angel investor in early-stage startups, I’ve long noticed my peers apparent bias toward the strength and character of the founding entrepreneurs, often overriding a strong solution to a painful problem with a big opportunity.

article thumbnail

10 Tactics For Driving Disruptive Startup Innovations

Startup Professionals Musings

How is it that only a few business leaders and entrepreneurs seem to drive exceptional results and disruptive innovation in this rapidly changing market economy (marketquake)? It comes from a focus on learning and following the processes proven by other great entrepreneurs and leaders.

Startup 270
article thumbnail

10 Practices To Avoid When Running Your First Startup

Startup Professionals Musings

Unfortunately, many entrepreneurs seem to prefer to fail their way to the top, rather than do some research and learn from the successes and mistakes of others. As an advisor to many startups, I’m convinced it’s an expensive and painful approach, but I do see it used all too often.

article thumbnail

8 Ways Entrepreneurs Find Disruptive New Technologies

Startup Professionals Musings

It’s a special mix of entrepreneur and company, regular in every respect except for having the courage and foresight to make an idea happen that was supposed to be impossible. best entrepreneurs disruptive innovation Kevin Freiberg paradigm shift

article thumbnail

Smart Entrepreneurs Seek Social Impact Versus Profits

Startup Professionals Musings

An entrepreneur lifestyle that continues to gain in popularity these days is being a “social entrepreneur.” The business entrepreneur mission is profit always, social impact maybe. In all types of entrepreneurship, an entrepreneur rather than an administrator is required.

article thumbnail

Entrepreneurs 4 Obstacles to Overcome

The Startup Magazine

In the ultra-competitive and ever-growing world of business, facing and overcoming challenges is a common part of everyday life for up-and-coming entrepreneurs. . 4 Common Obstacles for Entrepreneurs and How to Overcome Them.

article thumbnail

10 Benefits Of True Multi-Tasking As An Entrepreneur

Startup Professionals Musings

With the cost of entry at an all-time low, and the odds of success equally low, more and more entrepreneurs are starting multiple companies concurrently. Other prolific entrepreneurs, like Richard Branson and Elon Musk , simply have several startups on the table at any given moment.

article thumbnail

7 Winning Strategies For Utilizing Startup Advisors

Startup Professionals Musings

In my role as an angel investor to startups, I’m struck by the broad variety of advisor strategies I see in investor presentations and business plans that cross my desk. Some entrepreneurs are “lone rangers,” never mentioning any outside guidance, while others tout dozens of advisors.

article thumbnail

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.

article thumbnail

Best Tech Startup Advice Entrepreneurs Can Depend On

The Startup Magazine

Yet the challenges do not keep aspiring entrepreneurs from trying their luck. You also need to understand that the new normal brings an unexpected set of challenges and opportunities for tech startups. The right mindset is the key to navigating the tech startup landscape successfully.

article thumbnail

10 Entrepreneur Myths That Need Not Dilute Your Focus

Startup Professionals Musings

Most of you aspiring entrepreneurs probably have long searched for that special idea that will catapult you and your startup to success. True entrepreneurs are born, not made. It’s true that some people are natural risk-takers, but these often do not make the best entrepreneurs.

Dilution 335
article thumbnail

Guide To Invoicing For The Aspiring Entrepreneur

YoungUpstarts

One important element in keeping track of the business is how the startup invoicing process goes for proper financing. The post Guide To Invoicing For The Aspiring Entrepreneur appeared first on Young Upstarts. Others business accounting business finance startup advice

article thumbnail

5 Principles Define You As A Multi-Table Entrepreneur

Startup Professionals Musings

Knowing all too well how hard it is to start a single new business, I’ve always wondered how several well-known entrepreneurs, including Richard Branson and Elon Musk , have managed to successfully lead dozens of startups to success, and thrive on the process.

article thumbnail

5 Entrepreneur Exasperations To Moderate Your Passion

Startup Professionals Musings

The best part of being an entrepreneur is having the independence to make your own decisions, the flexibility for a better work/life balance, and personal satisfaction from driving change. You don’t have enough control over your time, investors, the market, or your startup.

article thumbnail

10 Leadership Traits To Inspire Every Startup Founder

Startup Professionals Musings

Every new entrepreneur has to initiate the right actions to be perceived as a leader in their chosen business domain by their team and by their customers, or the road to success and satisfaction will be lost along the way. No entrepreneur can build a business alone.

article thumbnail

6 Cost-Cutting Recommendations For New Entrepreneurs

Startup Professionals Musings

With the appearance of do-it-yourself services on the Internet, entrepreneur curriculums at every university, and a wealth of new books on the subject, the need for expensive consultants and business advisors has also been mitigated. co-working low cost makerspaces startup

Cost 314
article thumbnail

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

article thumbnail

5 Rewards Of Independence That Excite Entrepreneurs

Startup Professionals Musings

For all entrepreneurs, starting a business is the route to “life, liberty, and the pursuit of happiness,” no matter how risky. According to a classic article and poll by Startups.co.uk , having the independence to make your own decisions is considered the key benefit of being an entrepreneur.

article thumbnail

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.

article thumbnail

8 Expectations To Check Your Entrepreneur Motivation

Startup Professionals Musings

More recently, the desire for extra income has become the key driver in new startups, according to the popular press. Being called a lifestyle entrepreneur should be a point of pride, not an insult. Startup funding comes from personal savings and family.

article thumbnail

8 Ways Entrepreneurs Keep Ahead Of Business Change

Startup Professionals Musings

Sometimes entrepreneurs are so focused on making change happen for customers that they forget that continually changing themselves and their company is equally important. Use that same technical and business expertise that served you well on this startup to find the next opportunity.

article thumbnail

9 Mindset Indicators of a High Potential Entrepreneur

Startup Professionals Musings

In my role as mentor to business professionals, I often get the question about your potential of going out on your own as an entrepreneur, versus your current role of working for a boss at an established company. There are no startup expert roles.

article thumbnail

Green business ideas for startup entrepreneurs

Our Own Start-up

The post Green business ideas for startup entrepreneurs first appeared on Our Own Startup. There are several ways on how you can start your own eco-friendly business, depending on your interest and funds.

Green 87
article thumbnail

5 Early Entrepreneur Strengths That Can Limit Growth

Startup Professionals Musings

Investors often say that successfully navigating the early stages of a startup requires lots of street smarts, guts, and luck. Many years ago, John Hamm published some definitive work on this subject in " Why Entrepreneurs Don't Scale " in the Harvard Business Review.