ShawnHessinger commented on the following stories on BizSugar
Hi Niall, I have no empirical data to support this. (Maybe others in the BizSugar community do?) But I suspect those who have become successful after repeated failure are somehow better at gaining insight from the experience. So it's not just failure (many fail and don't recover) but the reaction to that failure that is an important part of the equation. Learning the right lessons from failure is the real key."
Hi Ivana, I think the fact is that markets, customer demands and trends are changing far too quickly for long drawn out marketing and business plans. A plan made this weekend could easily be out of date within the month. Is that too extreme an assessment? What do you think? "
Hi Cate, I'm sure I'll catch flack for this, but I'd like to take at least partial issue with two points here. First, having worked at companies where the "fire fast" mantra has been taken to extremes, I have to say there are many managers, and I suspect entrepreneurs, who don't know the difference between a bad hire and one that simply needs time to develop. As a result, these companies end up with a revolving door or hires and fires leading to poor morale and a horrible reputation in their industry. Second, I understand the need to hire for attitude as well as skills. But this does not mean you can ignore the need for basic competence. In the tech sector you need someone who has the prerequisite skills to actually achieve the needed results. The same goes for many other fields. Be careful about being seduced by the idea that a positive personality or fitting into your company culture will make basic competency irrelevant. Make this mistake and you'll end up hiring again or contracting out for someone to do the same job you initially hired someone else to do. "
Hi Martin, I'm also thinking this is going to depend pretty heavily on the same of business you have. For example, as we see, artists have a big presence on the site. It stands to reason then that an artist could certainly build their personal and professional brand simply by connecting to others on the site. On the other hand, other businesses would, I suspect,, find the site a bit less useful."
Hi Johnny, I'd agree with your take here. I think for those who don't have a great distinction between business and personal brand the platform would be ideal. On the subject of surviving, remember that LinkedIn survived just fine with the income from selling enhanced features and did so for years before adding advertising. "
Hi Sian, First, thanks so much for sharing the posts from Small Business Trends in the community round-up! From one site editor to another, it's been wonderful to see this section of Tweak Your Biz grow. Congrats on the great content and keep up the good work. "