Berkonomics
JUNE 9, 2022
“Here’s the deal…” So, I occasionally read suspense novels to break up the relative monotony of constant business books. A sentence in the one I recently read caught my eye. “There are three types of advice,” the wise White House Senior Counsel to the President told the young White House attorney. He referred to the three as legal advice , moral advice, and political advice.
Startup Professionals Musings
JUNE 4, 2022
Every so often a promising entrepreneur seems to freeze in the oncoming headlights and gets run over by his competition. Why is it that his idea which seemed so fundable only months ago fails to attract investors today? The team is the same. The company's market is the same. The only change might be a visible new competitor, or another economic downturn, resulting in investors holding their money, and that makes all the difference.
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Startup Professionals Musings
JUNE 10, 2022
An entrepreneur is literally “one who creates a new business.” The best new businesses are ones that have never been done before, so mastering creativity and recognizing creativity are key skills and mindsets. But how does one recognize and nurture creativity in a person or team? In researching this question, I reviewed a classic book by Bryan Mattimore, “ Idea Stormers: How to Lead and Inspire Creative Breakthroughs ,” which details eight attributes of the most creative people, which seem to ma
Startup Professionals Musings
JUNE 5, 2022
Every business leader expects to encounter one or more crises eventually. The challenge for each of you is to get it handled quickly and effectively, without losing the trust of constituents , as well as customers. In my role as business advisor, I see leaders who handle it well instinctively, and others who fall apart under the stress, or let their emotions and biases lead them astray.
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Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.
Startup Professionals Musings
JUNE 6, 2022
Investing in entrepreneurs and startups is a fun but different world from investing in conventional stocks, bonds, and commodities. First of all, it’s more of an investment in people than in a business, since the startup is usually an idea barely half-baked when they need your money. Secondly, the risk is very high, since as many as 90 percent of startups fail within a few years.
Startup Professionals Musings
JUNE 8, 2022
In my work with entrepreneurs and business leaders, a common question I get is how to be a better communicator. In the rush of daily activities, it’s hard to find time to carefully craft the right messages to all your constituents, route them through all the right channels, and have any insight that they have been heard and understood. It’s even harder to find time to actively listen to input.
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