Remove Book Remove Satisfaction Remove Technical Review
article thumbnail

6 Due Diligence Goals When Vetting Business Partners

Startup Professionals Musings

In every case, a partner can be an asset, bringing new skills and perspectives to the business; or a burden, making every decision more difficult, and taxing your lifestyle satisfaction. You need to do the due diligence to make that decision before you sign away your equity. Always make sure you can enjoy some fun together.

article thumbnail

6 Reasons Technical Expertise Does Not Make A Startup

Startup Professionals Musings

Gerber wrote a best-selling business book called The E-Myth: Why Most Businesses Don’t Work and What to Do About It. Some pundits argue that the E-Myth principle is now outdated, due to the instant access to information via the Internet, pervasive networking via social media, and courses on entrepreneurship at all levels of education.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

6 Startup Lessons Learned By Passionate Entrepreneurs

Startup Professionals Musings

Thus, I was happy to see my perspective solidified and detailed with real examples in a timely book, “ Mission Possible: How to Build a Business for our Times ,” by Alexandre Mars. In my own experience with technical startup founders, I still find it hard to name one who was also good, or even interested in financials or business operations.

article thumbnail

7 Ways To Elevate Your Team Connection And Leadership

Startup Professionals Musings

Unfortunately many founders I work with as a mentor are experts on the technical side, but have no insight into leading a team. The importance and the specifics of practical team leadership were re-confirmed to me a while back in the classic book, “ Unlocked ,” by Robert S. Have monthly reviews with each team member.

article thumbnail

How To Prevent Gaps in An Innovative Startup Strategy

Startup Professionals Musings

In fact, it’s all about the “focus” required to get early stage technology products across the deadly chasm from early adopters to mainstream customers. There are other chasms out there just as deadly as the technology one, such as the ones below: Market requirements chasm. Product development chasm. Marketing and sales chasm.

Startup 150
article thumbnail

7 Startup Leadership Keys To Ramp Up Team Commitment

Startup Professionals Musings

Unfortunately many founders I work with as a mentor are experts on the technical side, but have no insight into leading a team. The importance and the specifics of practical team leadership were re-confirmed to me a while back in the classic book, “ Unlocked ,” by Robert S. Have monthly reviews with each team member.

article thumbnail

10 Keys To Raising Your New Venture Funding Potential

Startup Professionals Musings

In his classic book, “ The Leadership Capital Index ,” Dave Ulrich, a best-selling author, business consultant, and business school professor, provides some real insights and metrics on what makes up the elements of goodwill in the minds of top valuation experts. Performance accountability processes. Stable and friendly work environment.