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7 Staffing Strategies That May Cost You Your Business

Startup Professionals Musings

Business success is all about having the best team, yet the average entrepreneur has little prior experience with hiring people and building top-notch teams. In reality, motivation and passion are necessary but not sufficient to build a business. Hiring before organizational structure is defined. Quick to hire and slow to fire.

Cost 260
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6 Ways To Improve Your Odds Of New Business Success

Startup Professionals Musings

Almost every entrepreneur and new business owner I mentor is certain that his/her idea has a very high probability of success, and all find it hard to believe that ninety percent of startups ultimately fail. It takes the right team to build a great business. Even non-profits need income to run a business.

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7 Ways To Hire Your Way To Failure In A New Venture

Startup Professionals Musings

Business success is all about having the best team, yet the average entrepreneur has little prior experience with hiring people and building top-notch teams. In reality, motivation and passion are necessary but not sufficient to build a business. Hiring before organizational structure is defined. Quick to hire and slow to fire.

Hiring 339
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5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

Unfortunately, even today, building a good product doesn’t guarantee you a business. Most entrepreneurs realize and budget for the additional costs of incorporating a business, marketing, equipment costs, and manufacturing. Staffing and people-management costs. Ramp-up facilities and utilities required.

Cost 264
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3 Reasons Why Every Business Needs Professional Photos

YoungUpstarts

If you are a business owner or manager, you certainly have put some thought into the way your business presents itself. Having professional photos done of your team, individual employees, and even of your office space can greatly impact the success of your business. It Helps Potential Customers or Clients Get to Know You.

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How To Build A Sustainable Small Business

YoungUpstarts

Starting a business, growing it and sustaining in the market are the three chapters of a small business story. Usually, small business owners don’t think beyond their quarterly or annual plans and they forget their long-term goals due to everyday hurdles. Building a business needs strong strategy and value proposition.

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6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

As a new business advisor and occasional investor, I get approached regularly by people who have a dream or a new business idea, and are looking for support and money to make it a reality. Thus, I’m more impressed with entrepreneurs who ask me to review their implementation plan, rather than listen again to their idea.