#BusinessGuide Many experts will tell you that you can’t succeed as a part-time entrepreneur, as any good startup will require a 100 percent commitment of your time and energy. But not many of us have enough savings to live for a year or more witho...
Saturday, May 20, 2023
Sunday, May 14, 2023
5 Keys To A Viable Spending Rate And Cash Management #StartUps
#BusinessGuide Cash flow is a basic survival metric for every startup. Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall. Don’t wait until you are almost ou...
Saturday, May 13, 2023
7 Ways To Validate Your Business Idea Before Starting #StartUps
#BusinessGuide In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. But how does any entrepreneur know which ideas to implement, and wh...
Friday, May 12, 2023
7 Viewpoints Required To Be A Satisfied Entrepreneur #StartUps
#BusinessGuide As an angel investor and a mentor to aspiring entrepreneurs, I’m always disappointed to see founders who seem stressed out most of the time, and more annoyed than energized by the abundance of challenges they see in building their st...
Wednesday, May 10, 2023
8 Ways Different Team Members See Efforts To Innovate #StartUps
#BusinessGuide Every business organization, large or small, has a variety of individual and team member types that factor into your ability to innovate and change the business to meet evolving customer needs and competition. In addition, in my expe...
Monday, May 8, 2023
6 Keys to Superior Thinking in Business Innovations #StartUps
#BusinessGuide As I work with aspiring entrepreneurs and business professionals, I often hear about stress and disappointment from a great idea or innovation that failed for reasons that you don’t understand. When I dig deeper, I find that many of ...
Sunday, May 7, 2023
6 Values And Priorities That Investors Will Relate To #StartUps
#BusinessGuide Young entrepreneurs often are so excited by new technology or their latest invention that they forget to translate it into a value proposition that their customers or potential investors can understand and relate to. They become frus...
Saturday, May 6, 2023
6 Ways To Get Credible Data To Support A New Venture #StartUps
#BusinessGuide Many entrepreneurs are so enamored with their product vision that they believe their own hype and are convinced that the market for their solution is so huge that no one will ask them for independent market research data. They don’t ...
Friday, May 5, 2023
8 Tactics For Every Entrepreneur To Manage Technology #StartUps
#BusinessGuide Technology is so key to every business these days that experienced business-smart but non-tech entrepreneurs are feeling deeper and deeper in the hole. Even if they realize that they need real technical strength at the top, they are ...
Wednesday, May 3, 2023
5 Keys To Leadership While Working With Remote Teams #StartUps
#BusinessGuide The current surge of working remotely, driven by the pandemic and international freelancing, has challenged our thinking on collaboration and leadership, both within teams and outside, to other organizations. In my consulting work, I...
Monday, May 1, 2023
5 Equity Distribution Parameters For Key Contributors #StartUps
#BusinessGuide I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a cofounder or two. You need to find the skills or experience you don’t have in business, technology, or money. So, the fir...
Sunday, April 30, 2023
5 Risk Reduction Strategies For Your Next New Venture #StartUps
#BusinessGuide It may not be as sexy, but starting a new business which builds on an existing technology or business model is usually less risky than introducing that ultimate new disruptive technology. There are many levels of innovation that go b...
Saturday, April 29, 2023
7 Ways Your People Skills Are The Key To Your Success #StartUps
#BusinessGuide The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. If...
Friday, April 28, 2023
7 Keys To Strategic Partnerships That Profit Everyone #StartUps
#BusinessGuide Entrepreneurs seem to have blinders on when looking at competitors. Generally they are so focused on killing competitors that they fail to see the positive potential of a strategic partnership or some other type of collaborative rela...
Wednesday, April 26, 2023
8 Strategies to Boost Your Leadership Impact at Work #StartUps
#BusinessGuide As a business consultant and mentor to many young entrepreneurs, I often get questions about leadership challenges, and what you can do to solidify your leadership position and impact. It seems that today’s worker generation is more ...
Monday, April 24, 2023
7 Reasons That Worker Empowerment Rules The Workplace #StartUps
#BusinessGuide As I work with businesses who are struggling to restore staffing and recover after the pandemic, I see a new culture and a new generation of workers who have found strength in working remotely from their homes, and savoring their abi...
Sunday, April 23, 2023
5 Recommendations Before Funding An Appealing Startup #StartUps
#BusinessGuide After you have heard a few startup success stories, like Google, Facebook, and Microsoft, you may be tempted to invest some money yourself, maybe by pooling your funds with other investors who claim to have a great track record. My a...
Saturday, April 22, 2023
7 Secrets To Bank Equity Funding Without Collateral #StartUps
#BusinessGuide Many entrepreneurs are convinced that banks are not worth the effort for startups, especially early-stage ones that still don’t have a revenue stream, or collateral to back up their financing needs. A question I get from time to time...
Sunday, April 2, 2023
6 Suggestions For How To Begin Your Startup Lifestyle #StartUps
#BusinessGuide One of the simplest questions I get from aspiring entrepreneurs, and ironically one of the hardest, is “How do I start?” I want to tell them to just start anywhere, but I realize that most have no idea where anywhere is. They just ar...