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The Importance of Realism in Startups

Both Sides of the Table

I made many classic first-time mistakes which serves both as my warning signal of which teams to avoid funding (if I perceive they will make critical mistakes often led by hubris) and also as my source for coaching others. It’s why I believe startup coaches are so important and I wish I know more great ones. Until you know.

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Does your team know your playbook?

Berkonomics

From experience and from information about the competition, a coach creates a playbook that contains detailed plans for actions or plays that the entire team must know without question and execute without pause in order to win games and advance toward the playoffs. Again, there is a great parallel in football coaching.

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7 Keys To Business Transformation To Meet Competition

Startup Professionals Musings

In my experience as a business advisor, most organizations, large and small, struggle to keep up with the pace of change and competitive forces today. A question I often get is how to transform that overall team into a smooth-running machine that will keep up with the pace of market change, and competition in today’s world.

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8 Keys To Attracting More Talent Than The Competition

Startup Professionals Musings

Of course, as you work with contract players, explore the potential for a long-term relationship, and wait until your organization matures to pursue career positions. By hiring contract experts, less oversight and coaching is needed. Focus on a very flat organization, with minimal hierarchy.

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How VCs Think About Adding New Partners

Both Sides of the Table

Competitive (Athlete: skier & rowed at Princeton, hates losing at everything she does). She is a coach and mentor to team members. And then of course each venture firm must be careful not to add partners unless they know the chemistry will work with all other partners as our team unit and cohesiveness are so important.

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What I Would Look for When Choosing a VC – Knowing What I Know Now?

Both Sides of the Table

It’s insanely competitive to get into our industry so most have degrees from institutions like Stanford, Harvard, Wharton and University of Chicago (blatant plug ;-). VCs should be more of a coach than proscriptively telling you what to do. I think of VCs as coaches. VCs, how to select a VC, etc.) Most VCs are book smart.

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The Perils of Founder Fighting

Both Sides of the Table

Of course it makes no sense to have great people management and a crappy product. But I would posit that in order to sustainably build great products in an intensely competitive industry with skills shortages – people management is one of the most critical soft skills organizations need. And, yes, it is politics at its purest.

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