Most people think that the Peter Principle (employee rises to his level of incompetence) only applies to large organizations. Let me assure you that it is also alive and well within startups. There I see founders and managers who are stalled transplants from large organizations, and technologists t
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Martinzwilling voted on the following stories on BizSugar
How to Avoid the ‘Peter Principle’ in Your Startup
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4933 days ago
Ten Ways for an Entrepreneur to Expand His Reach
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4934 days ago
As an entrepreneur, you always need to be on the lookout for ways to expand your current business, and always on the lookout for your next big thing. The competition never stands still, and new opportunities are evolving, based on culture changes in your customers, new technologies, and new problem
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Startups Need the Eight P’s for Successful Funding
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4935 days ago
As I outlined last week, trophy angel investors are always looking for trophy entrepreneurs. In many areas, not enough entrepreneurs meet the criteria, so it’s still a buyer’s market. The result is that the Main Street Venture Fund consistently has more money available than good opportunities for i
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Your Business Will be Run by Gen-Y – Get Over It
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4936 days ago
A lot of executives have noticed that the workplace is being flooded by a new generation of workers, and they are questioning who will be the winners, and who will be the losers. In reality, Gen-Y is here, and they are already inheriting our businesses, so let’s figure out how to make them winners,
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Success is More Inspiration and Less Perspiration
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4937 days ago
There is no doubt that both inspiration and perspiration are always required in a startup. Yet many people seem to be stuck on one end or other of this equation – all perspiration with no dream, or all inspiration with no reality. Success is the right balance of both for fun and profit.
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Pick the Right Investor Type for Your Startup
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4938 days ago
If your startup desperately needs an investor, you may not care if the investor is a so-called “angel” investor, or a venture capitalist (VC). The money is the same color in either case. But I have found that making the right choice at the right time can have a major impact on your long-term succes
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The Do’s and Don’ts of Today’s Business Networking
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4939 days ago
I often recommend business networking as the most effective way for a startup founder to find investors, advisors, and even key executive candidates. But what if you are an introvert, or new to this game, and don’t know where or how to start?
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Five Reasons for Setting Startup Strategy Early
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4940 days ago
All too many startups are founded simply on the basis of a new and exciting technology invented by an industrious technologist. This is the origin of the “solution looking for a problem” and “if we build it, they will come” syndromes, which result in surprise and frustration waiting for funding, an
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Splitting Startup Equity for Your Piece of the Pie
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4941 days ago
One of the first tough decisions that startup founders have to make is how to allocate or split the equity among co-founders. The easy answer of splitting it equally among all co-founders, since there is minimal value at that point, is usually the worst possible answer, and often results in a later
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Trophy Entrepreneurs Can Land Trophy Investors
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4942 days ago
Angel investing in most parts of the country remains a relatively informal and unstructured process. The depressed economy has dampened the angel community’s appetite, making the identification of the trophy investor more important than ever. Professional angel investing takes time, knowledge, skil
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