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Showing posts with the label Start-Ups

What It Takes For Startup Founders To Succeed Long-Term

Startup founders are often celebrated as visionaries—but what happens when their greatest strengths become their biggest liabilities?   They face a crucial, often overlooked problem in the startup world: the very qualities that help founders launch companies—relentless drive, rebellious thinking, and big-picture vision—can derail them as their businesses grow.   Most founders hit a leadership ceiling, and without personal evolution, their companies (and careers) implode.   “Why? Because the same people who command respect and effort also happen to be control freaks who are terrible at delegating and worse at empowering,” share Richard Hagberg and Tien Tzuo , authors of the new book, Founders, Keepers .   They add that, “The same people who will new things into existence are undisciplined workaholics who exhaust themselves and everyone around them. They can see the future, but they lack the capacity to think and organize collectively.”   Drawing on nea...

Fail Fast Or Win Big

In his new book, Fail Fast or Win Big: The Start-up Plan for Starting Now , author Bernhard Schroeder gives you the edge he believes you'll need to be an entrepreneur who can  launch a profitable business—in 90 days or less . He draws on his work with many talented entrepreneurs (the founders of Yahoo! and Amazon included), and presents a proven expedient route to start-up success. That expedited route includes fostering entrepreneurship by facilitating the introduction of product and service “ rough drafts ” to customers, and then, based on feedback, swiftly adjusting—or dumping—them. Schroeder calls this The LeanModel Framework . Readers will quickly become adept at : Leveraging all the lean resources around them , from their own skill set, local community, and personal circles to professional networks, online resources, and technology tools. Developing and evolving a solid business model , rather than agonizing over writing a formal business pla...

What You Must Ask Before You Start Your Business

Are you a leader contemplating starting a new business?  Or, has a budding entrepreneur turned to you because of your leadership skills to ask for your help?  Here are 11 questions you or that entrepreneur should ask before starting a business. Is there a true need for my product/service?  What is the competitive environment and how will my product/service be unique, different or better? Will my location (or accessibility online) be convenient and easy to get to for my customers?  Do I have adequate funding to support my business, particularly during the ramp-up period that could be a year or more? Do I have the stamina to start a new business and work hard even if it means months of extended work hours and perhaps even seven days a week? Will my family and social life withstand my commitment to my new business? Will the name of my business be easy to spell, suitable for print on online, and memorable? Am I a risk taker ? Am I humble enough...

The 11 Most Important Questions To Ask Before Starting A Business

Are you a leader contemplating starting a new business? Or, has a budding entrepreneur turned to you because of your leadership skills to ask for your help? Here are 11 questions you or that entrepreneur should ask before starting a business. Is there a true need for my product/service? What is the competitive environment and how will my product/service be unique, different or better? Will my location (or accessibility online) be convenient and easy to get to for my customers? Do I have adequate funding to support my business, particularly during the ramp-up period that could be a year or more? Do I have the stamina to start a new business and work hard even if it means months of extended work hours and perhaps even seven days a week? Will my family and social life withstand my commitment to my new business? Will the name of my business be easy to spell, suitable for print on online, and memorable? Am I a risk taker ? Am I humble enough to ask for help , especi...

What You Need To Ask Before You Start A Business

Are you a leader contemplating starting a new business? Or, has a budding entrepreneur turned to you because of your leadership skills to ask for your help? Here are 11 questions you or that entrepreneur should ask before starting a business. Is there a true need for my product/service? What is the competitive environment and how will my product/service be unique, different or better? Will my location (or accessibility online) be convenient and easy to get to for my customers? Do I have adequate funding to support my business, particularly during the ramp-up period that could be a year or more? Do I have the stamina to start a new business and work hard even if it means months of extended work hours and perhaps even seven days a week? Will my family and social life withstand my commitment to my new business? Will the name of my business be easy to spell, suitable for print on online, and memorable? Am I a risk taker ? Am I humble enough to ask for help , especi...

11 Questions To Ask Yourself Before You Start A Business

Are you a leader contemplating starting a new business?  Or, has a budding entrepreneur turned to you because of your leadership skills to ask for your help?  Here are 11 questions you or that entrepreneur should ask before starting a business. Is there a true need for my product/service?  What is the competitive environment and how will my product/service be unique, different or better? Will my location (or accessibility online) be convenient and easy to get to for my customers?  Do I have adequate funding to support my business, particularly during the ramp-up period that could be a year or more? Do I have the stamina to start a new business and work hard even if it means months of extended work hours and perhaps even seven days a week? Will my family and social life withstand my commitment to my new business? Will the name of my business be easy to spell, suitable for print on online, and memorable? Am I a risk taker ? Am I humble enough...

11 Questions To Ask Before You Start A Business

Are you a leader contemplating starting a new business? Or, has a budding entrepreneur turned to you because of your leadership skills to ask for your help? Here are 11 questions you or that entrepreneur should ask before starting a business. Is there a true need for my product/service? What is the competitive environment and how will my product/service be unique, different or better? Will my location (or accessibility online) be convenient and easy to get to for my customers? Do I have adequate funding to support my business, particularly during the ramp-up period that could be a year or more? Do I have the stamina to start a new business and work hard even if it means months of extended work hours and perhaps even seven days a week? Will my family and social life withstand my commitment to my new business? Will the name of my business be easy to spell, suitable for print on online, and memorable? Am I a risk taker ? Am I humble enough to ask for help , especi...