Remove Mentor Remove Metrics Remove Satisfaction Remove Technical Review
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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. Bill Gates was the technical genius, but Steve Ballmer, from Procter & Gamble, ran the business side of the equation.

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6 Building Blocks Make Amazon A Global Market Leader

Startup Professionals Musings

As a mentor to entrepreneurs, I often get asked for the magic that has made Amazon the world's most valuable brand , from a total unknown only twenty years ago. My simple answer is that they keep their focus on customers, rather than technology. Incorporate AI-powered data and metrics systems.

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8 Steps To A Positive Mindset And Business Success

Startup Professionals Musings

In the same way, you may think that people assessment is all about skills and experience, but as a mentor to business owners, I have learned to look more for the right attitude, persistence, and determination, as success factors. Takers can never get satisfaction, and they antagonize those around them. Only givers build self-esteem.

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8 Strategies For Sustaining Momentum In Your Startup

Startup Professionals Musings

New entrepreneurs, especially technical ones, are excited by early adopters, and tend to focus on their feedback, which will always suggest more product features and options. It’s important to define your growth strategy, document it, communicate it to your team, and align metrics and employee rewards to target goals.

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8 Activities To Satisfy Your Boss You Are Accountable

Startup Professionals Musings

One of the attributes that I often recommend to the business professionals and entrepreneurs I mentor is to always be totally accountable for your actions and ideas. Setting your own metrics, and measuring yourself , will facilitate accountability. Generously give credit to others where credit is due.

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