Remove 2022 Remove Demand Remove Metrics Remove Startup
article thumbnail

7 Keys To Keeping Your Business Agile And Competitive

Startup Professionals Musings

If you find yourself being surprised by new competitor offerings and customer demands, then perhaps you are not paying attention. Start small and move quickly to test new approaches that can be scaled up later, with an understanding that some will fail. Demand and reward speedy analysis and execution.

article thumbnail

10 Business Practices Owners Often Learn The Hard Way

Startup Professionals Musings

I agree with those of you who tell me that you learn the most from your own mistakes, but that shouldn’t keep you from starting with some best practices , and the feedback from others who have been there and done that. Start business discussions only from a positive mindset. Use metrics on key deliverables to assure quality results.

Startup 134
Insiders

Sign Up for our Newsletter

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

article thumbnail

8 People And Process Skills Required In Any Business

Startup Professionals Musings

As an investor in startups, I most often see entrepreneurs who are technologists, or at least have a real passion for a specific product. Here is my list of key drivers that I find critical to thriving in big businesses, as well as startups: Networking to build and maintain key relationships.

Startup 113
article thumbnail

5 Business Growth Drivers Facilitated By A Co-Founder

Startup Professionals Musings

Starting and running a business requires many different skills and interests, and not many of us have all of them. As you start, it’s important to take a hard look at your own drivers, matched against the critical success elements I see in every business, no matter what the domain. Start today and enjoy the learning.

Mentor 133
article thumbnail

5 Preconditions for Success in Spawning a New Venture

Startup Professionals Musings

After many years in business, working in large companies as well as startups, I’m no longer surprised at why mature and successful companies struggle with introducing innovative new ventures as the market and environment changes. If you wait to start until your new venture really needs the money, the project will likely die of starvation.

Incubator 143