Berkonomics
APRIL 13, 2023
Here’s another one from my Dad, a very wise man. He gave me this advice right after I received my driver’s license years ago. It took years to understand the importance of this prophetic statement. Taking this advice literally: Gun shots, drunk drivers, mayhem, and even curfews qualify as just some of the things that could bite in the early morning.
Startup Professionals Musings
APRIL 10, 2023
If you are one of the new age of entrepreneurs who hates the thought of doing a business plan as a first step in starting your new venture you will love this message. More and more professionals agree that a better strategy is to explore and fine tune your assumptions before declaring a specific plan with financial projections based only on your dream and passion.
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Startup Professionals Musings
APRIL 14, 2023
When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Rather than quitting, there are always alternatives, like pivoting the business model or merging with new partners for support. Either could improve the statistic that half of startups fail within the first five years.
Startup Professionals Musings
APRIL 12, 2023
Change is hard , in business as in your personal life. In my small business consultancy, I see this daily, per you owners and professionals struggling with the challenges of new markets and new competitors. Leading change is even harder, trying to balance the demands of the customers against the needs and expectations of employees. But you have to change to survive and thrive.
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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
APRIL 9, 2023
Many business leaders I meet in my consulting practice are frustrated by the challenge of getting their teams working together, increasing engagement, and tackling market change requirements. We all realize that the pace of change is increasing, and new global markets makes it critical that every team member is focused on the market, rather than internal battles and risk aversion.
Startup Professionals Musings
APRIL 8, 2023
The most valuable assets of a new startup are the people on the team, and the most challenging task of the entrepreneur and team leaders is to spend their leadership time and energy productively. Cash isn’t always the scarcest resource startups have to invest – more often it’s the leadership capital of under-experienced and over-stretched entrepreneurs and co-founders.
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