Startup Professionals Musings

MAY 8, 2022

Most entrepreneurs struggle with many startup founders quandaries in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. People may jump into the lifestyle to be their own boss, achieve great wealth, start a new trend, or all the above.

Startup 130

Startup USC Entrepreneur Statistics 130

Startup Professionals Musings

JULY 13, 2022

You may feel good when that first burst of customers arrives, but don’t assume that “ word of mouth ” and those early adopters will grow your business to match your dreams of success. In these days of global competition via multiple channels, you need continuous marketing to find more customers. They won’t find you.

Technical Review 142

Technical Review Social Media Conference Customer 142

Startup Professionals Musings

JULY 1, 2020

Of course, most of you expect that raising money will be difficult, as well as staving off competitors, and handling that occasional toxic customer. There are just not enough hours in a day, and knowledge available, to keep up with it all. Every startup is like a family, needing constant commitment to specific roles and priorities.

Entrepreneur 122

Entrepreneur Startup Course Examples 122

Startup Professionals Musings

AUGUST 14, 2023

Finding your sweet spot as an entrepreneur needs to start with a meaningful personal purpose that is also a business opportunity. Both ends of this spectrum fail to bring long-term satisfaction or success. Outside of work, it’s important to join a club, do volunteer work, and help at local events.

Framework 95

Framework Customer Custom Tips 95

Tech.Co

DECEMBER 4, 2020

Tony was also our neighbor for 8 years in downtown Las Vegas, where the company grew its homebase and hosted monthly events for locals and visitors from around the world, with Hsieh’s Downtown Project. To build trust in e-commerce with the greater public, his company came up with innovative ideas and fostered new customer behaviors.

Commerce 204

Commerce Statistics Customer Custom 204

Startup Professionals Musings

AUGUST 3, 2022

In my role of business advisor to startups, I often recommend these to increase initial brand identity and market penetration. With the rate of market change today, and the advent of worldwide competitors, you need every strategy you can muster to keep up, and respond quickly to new threats. Show potential customers that you care.

Marketing 119

Marketing Social Media Mentor Conference 119

Startup Professionals Musings

NOVEMBER 21, 2020

Finding your sweet spot as an entrepreneur needs to start with a meaningful personal purpose that is also a business opportunity. Both ends of this spectrum fail to bring long-term satisfaction or success. Outside of work, it’s important to join a club, do volunteer work, and help at local events.

Tips 174

Tips Framework Customer Custom 174

Startup Professionals Musings

NOVEMBER 22, 2021

No matter how smart or experienced this person may otherwise be, things must change or they will kill your startup. Your brain has leveled all events and activities into a desert of sand dunes, where just getting from one to another is a struggle, and there is nothing new to see over the next hill. Therefore, it’s up to you to fix it.

Startup 129

Startup Mentor Satisfaction Writing 129

Startup Professionals Musings

APRIL 4, 2015

Social media is so pervasive in today’s world that every entrepreneur believes instinctively that they know how to use it for their startup. Many soon find that what you do in a personal context doesn’t necessarily translate to your business, and measuring business value is quite different from measuring personal satisfaction.

Social Media 108

Social Media Media Startup Tips 108

socalTECH

AUGUST 6, 2019

Ian Chen is the co-founder and CEO of Discotech , a startup that offers up bottle service booking, discounted tickets and more to clubs and nightspots. While I was doing that, I figured out it was really inefficient for a customer like myself, trying to spend money, to actually go out. The big driver for us was the guest list.

Startup 113

Startup Equity Customer Custom 113

Startup Professionals Musings

NOVEMBER 6, 2020

It seems that most of you entrepreneurs I meet in my role as business advisor are convinced that starting a new business requires equity investors, exponential growth, and a plan to go public via IPO. If your passion is customers, you definitely will be happier as a lifestyle entrepreneur. Use flexibility to match your lifestyle.

Statistics 124

Statistics Equity Satisfaction Entrepreneur 124

Startup Professionals Musings

OCTOBER 2, 2015

By definition, every startup is predictably unpredictable, since new solutions have no proven track record, startups are usually building a new market, and the world around them is changing faster than ever. Prepare ahead of time to prevent or head them off quickly, before it is too late, as events unfold: Key people let you down.

Startup 105

Startup Entrepreneur Marketing Satisfaction 105

Startup Professionals Musings

APRIL 12, 2023

Leading change is even harder, trying to balance the demands of the customers against the needs and expectations of employees. In parallel with fulfilling your own needs, always use your power to fulfill the needs of customers and team members. You can change products and services, but service and quality to customers must endure.

Satisfaction 130

Satisfaction IBM IBM Summary 130

Startup Professionals Musings

JANUARY 22, 2021

Proof of any business model starts with a finished product or solution, sold to a new customer for full price, with high satisfaction for the value received. Of course, that has be a repeatable event, with enough revenue to sustain the business. Start selling it before you build it. Marty Zwilling.

Sales 165

Sales Customer Custom Social Media 165

Startup Professionals Musings

DECEMBER 10, 2018

Most entrepreneurs see their new venture as a fun adventure, until the pressures of a cash flow crisis, or a manufacturing quality problem, or a major customer satisfaction problem hits. New competitors can steal your market, or they can open up new markets. I wish I could, since these often make or break your business future.

Startup 82

Startup Satisfaction Entrepreneur Mentor 82

Startup Professionals Musings

JUNE 5, 2022

The challenge for each of you is to get it handled quickly and effectively, without losing the trust of constituents , as well as customers. Primarily for these reasons, I always recommend that new entrepreneurs and startups assemble a qualified Advisory Board or Board of Directors early in their lifecycle.

Develop 138

Develop Development Coach Satisfaction 138

Startup Professionals Musings

JUNE 27, 2016

The startup lifestyle is known to be stressful and challenging, but it’s also meant to be satisfying and fulfilling, with you as the entrepreneur in control of your own destiny. Unfortunately, it doesn’t always work out that way, based on my many years of experience with entrepreneurs and advising startups.

Satisfaction 71

Satisfaction Startup Entrepreneur Writing 71

Startup Professionals Musings

MAY 20, 2022

They know how to communicate what they have to the best advantage, and generate more results and satisfaction for all parties. Effective storytelling requires practice and time, so start today. It helps to draw on current events to show that you are not out of touch, and your argument is not dated. Start today.

Satisfaction 116

Satisfaction Social Media Summary Entrepreneur 116

Startup Professionals Musings

AUGUST 10, 2019

Most entrepreneurs struggle with many startup founders quandaries in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. People may jump into the lifestyle to be their own boss, achieve great wealth, start a new trend, or all the above.

Startup 97

Startup USC Entrepreneur Statistics 97

Startup Professionals Musings

APRIL 2, 2016

Here are five key ones to celebrate: Enjoy the feedback from every satisfied customer. Talking to real customers is the best way to keep your inspiration alive, as well as the best way keep on track with changing trends and future innovation ideas. Increasing customer focus and loyalty. Marty Zwilling.

Satisfaction 61

Satisfaction Startup Customer Custom 61

Startup Professionals Musings

APRIL 20, 2015

Proof of any business model starts with a finished product or solution, sold to a new customer for full price, with high satisfaction for the value received. Of course, that has be a repeatable event, with enough revenue to sustain the business. Start selling it before you build it.

Startup 107

Startup Sales Customer Custom 107

Startup Professionals Musings

APRIL 8, 2013

One of the big advantages of being an entrepreneur and starting your company from scratch is that you get to set the culture, which is much easier than changing the culture of an existing business. Mission statements tend to be narrow, business oriented statements such as “Be the leader in customer satisfaction.”

Startup 101

Startup Training Study Customer 101

Berkonomics

JANUARY 3, 2019

As with the fifty percent rule discussed last week (fifty percent of startups fail within two years), this rule is hard to find an author willing to be quoted as the source. Eighty percent of all businesses purchased by another company or by a new investor-operator fail to meet the stated expectations of the buyer after one year.

Acquisition 120

Acquisition Satisfaction Study Email 120

Berkonomics

JANUARY 3, 2019

As with the fifty percent rule discussed last week (fifty percent of startups fail within two years), this rule is hard to find an author willing to be quoted as the source. Eighty percent of all businesses purchased by another company or by a new investor-operator fail to meet the stated expectations of the buyer after one year.

Acquisition 120

Acquisition Satisfaction Study Email 120

Startup Professionals Musings

JULY 10, 2013

No matter how smart or experienced this person may otherwise be, things must change or they will kill your startup. Your brain has leveled all events and activities into a desert of sand dunes, where just getting from one to another is a struggle, and there is nothing new to see over the next hill. Therefore, it’s up to you to fix it.

Startup 101

Startup Mentor Satisfaction Writing 101

Startup Professionals Musings

FEBRUARY 28, 2020

Instead of counting and working more hours, I believe there are better ways to improve your productivity, as well as employee satisfaction, in growing your business: Create relevant result targets for all key employees. For example, for a sales person, this metric number would likely measure new revenue or new customers.

Metrics 124

Metrics Entrepreneur Satisfaction Study 124

Startup Professionals Musings

FEBRUARY 10, 2017

No matter how smart or experienced this person may otherwise be, things must change or they will kill your startup. Your brain has leveled all events and activities into a desert of sand dunes, where just getting from one to another is a struggle, and there is nothing new to see over the next hill. Therefore, it’s up to you to fix it.

Startup 61

Startup Product Mentor Satisfaction 61

Startup Professionals Musings

SEPTEMBER 8, 2021

As a long-time business advisor, and an investor in startups along the way, I’m always on the lookout for an entrepreneur who is responding first to a problem in the marketplace , rather than bringing a new technology to the market, assuming it will find a problem to solve. A recurring expense was turned into a recurring revenue.

Activity 132

Activity Entrepreneur Social Media Satisfaction 132

Startup Professionals Musings

OCTOBER 3, 2016

As a small business and startup advisor, I find that entrepreneurs often love to talk about their latest idea, but not their execution. Affirming and rewarding team members for key actions creates more momentum, commitment, and satisfaction. Reward yourself for results with time away from work, or special events with your family.

Entrepreneur 106

Entrepreneur Satisfaction Metrics Ideas 106

Startup Professionals Musings

JANUARY 16, 2015

Here are five key ones to celebrate: Enjoy the feedback from every satisfied customer. Talking to real customers is the best way to keep your inspiration alive, as well as the best way keep on track with changing trends and future innovation ideas. Increasing customer focus and loyalty. Marty Zwilling.

Satisfaction 101

Satisfaction Entrepreneur Customer Custom 101

Startup Professionals Musings

FEBRUARY 13, 2019

No matter how smart or experienced this person may otherwise be, things must change or they will kill your startup. Your brain has leveled all events and activities into a desert of sand dunes, where just getting from one to another is a struggle, and there is nothing new to see over the next hill. Therefore, it’s up to you to fix it.

Startup 82

Startup Mentor Satisfaction Writing 82

InfoChachkie

JUNE 27, 2011

If your offspring are entrepreneurially inclined, these activities might nudge them in the direction of a lifetime of startups. In particular, Marcia Brown’s 1947 retelling of the classic French folktale Stone Soup is a veritable playbook for how to start a venture. Plot Summary. Something From Nothing. The Prototype.

Entrepreneur 270

Entrepreneur Startup Venture Capital Resource 270

Startup Professionals Musings

JULY 19, 2013

Most entrepreneurs struggle with many startup Founders dilemmas in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. People may jump into the lifestyle to be their own boss, achieve great wealth, start a new trend, or all the above.

Startup 98

Startup Entrepreneur Statistics Equity 98

Startup Professionals Musings

MARCH 4, 2012

One of the big advantages of being an entrepreneur and starting your company from scratch is that you get to set the culture, which is much easier than changing the culture of an existing business. Mission statements tend to be narrow, business oriented statements such as “Be the leader in customer satisfaction.”

Training 109

Training Startup Study Customer 109

Startup Professionals Musings

MARCH 18, 2013

One of the toughest things about running a startup is the feeling of loneliness and isolation. This is especially true if you run your startup from your garage. Most people by nature get some satisfaction from team interaction, working toward the same goal. Meet customers online. Build a trusted team.

Entrepreneur 96

Entrepreneur Startup Satisfaction Organization 96

Startup Professionals Musings

MARCH 10, 2017

They point out that establishing good habits and getting rid of bad ones involves the same basic skills; goal setting and motivation, getting started, and staying on track. That’s where starting small comes in. Be honest with yourself about small habits you have which may irritate your direct reports, coworkers, or customers.

Writing 84

Writing Startup Satisfaction Entrepreneur 84

Tech Zulu Event

MAY 10, 2011

The message was clear, beware of false prophets when dealing with your young and budding startup. This particular evening, we attended the LeanLA meet-up located at Coloft, a swank professional co-op/work space in the heart of Santa Monica, known as the epicenter of the LA startup scene. If not validated, re-state assumptions.

Startup 86

Startup Santa Monica Los Angeles Custom Development 86