I’m sure we have all seen entrepreneurs with high levels of passion and confidence touting an idea that seems to make very little sense to us. Of course, we never see ourselves in this mode, yet we need to recognize that all humans see reality differently through a built-in set of “cognitive biases
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Startup Professionals Musings: 5 Ways Emotional Decisions Can Endanger Your Startup
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From https://blog.startupprofessionals.com 974 days ago
5 Strategies Recommended For Successful Bootstrapping
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From https://www.linkedin.com 977 days ago
As an advisor to entrepreneurs, I often hear the desire to run their own company, to avoid having someone else telling them how to run the business. They then ask me to help them find investors who can provide the funding they need. They don’t seem to realize that investors can be the most demandin
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8 New Ways To Focus On Customers For Trust And Profit
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From https://www.linkedin.com 979 days ago
As an advisor to entrepreneurs, I find that I often have to remind them that the world of customers has changed since they started their last business. Customer expectations of a relationship and personalization are stretching every business today, and pervasive use and confidence in social media b
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5 Ways To Engage The Right People In Your New Venture
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From https://www.linkedin.com 984 days ago
In my work with new and aspiring entrepreneurs, I find that most struggle with putting together a written business plan, often pointing out that someone they know started a business without anything written down. My experience is that the discipline of documenting a plan will improve your likelihoo
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6 Building Blocks Make Amazon A Global Market Leader
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From https://www.linkedin.com 986 days ago
Every new business dreams of growing from a startup to a global market leader in a few years, like Amazon.com, but that goal is elusive. As a mentor to entrepreneurs, I often get asked for the magic that has made Amazon the world's most valuable brand, from a total unknown only twenty years ago. My
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8 Steps To Making Good Decisions In Life And Business
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From https://www.linkedin.com 991 days ago
Despite many years of advising aspiring entrepreneurs and people in business, I continue to be surprised by the number of people who wait for decisions to be made by default, or allow others to make decisions for them. I assure you that this approach is not the road to happiness, and certainly not
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10 Ways Owners Often Jeopardize Their Business Growth
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From https://www.linkedin.com 993 days ago
When you are starting a new business, every resource is precious, including time, funding, and people. Yet we can all look back, after the fact, and realize that we could have been more memorable. Obviously you can’t go back for a do-over, but you can certainly learn from your mistakes as well as a
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5 Factors That Set Your Best Startup Funding Strategy
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From https://www.linkedin.com 998 days ago
With the advent and popularity of crowdfunding platforms, including Kickstarter and IndieGoGo, as a winning alternative for funding your new venture, I find that many aspiring entrepreneurs are confused about the need to ever seek a professional angel investor. I think it’s great to have more optio
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How Smart Entrepreneurs Don’t Hesitate To Seek Help
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From https://www.linkedin.com 1000 days ago
While starting a new business always involves tackling many new challenges, I’ve personally found myself reluctant to ask for help. I suspect it’s a function of pride and confidence in my own problem solving abilities, but my hesitation has definitely cost me time and money. Thus, in my consulting
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6 Hard Questions That Every Entrepreneur Must Answer
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From https://www.linkedin.com 1005 days ago
As a mentor to many aspiring entrepreneurs, I challenge them to think beyond what I call linear extensions to a current trend, such as another “easier-to-use” app for smartphones, a new dating site for pets, or another niche social network. In my experience, these startups usually find the field cr
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