Networking is one of the most important keys to success in a startup business. It will help you find jobs, recruit talent, win new customers and discover investors who’ll support your ideas.
We need more serial entrepreneurs. We need more people who have learned how to start and build small businesses.
Have you seen the old movie called Marathon Man? Dustin Hoffmann plays the part of an amateur marathon runner who gets mixed up with a group of nasty ex-Nazis who torture him with a dental drill. His training as a marathon runner helps him to endure the pain until he is finally able to win in the end. It is a great movie and a good lesson for entrepreneurs. Sorry to write this, but you have to be able to endure a lot of discomfort and pain if you expect…
I woke up this morning and my first thought was that “I am crazy”! A crazy entrepreneur is one who holds onto the dream too long.
You would not believe how many times I have met brilliant entrepreneurs with amazing, cutting-edge technologies who are clueless about their markets and about who will actually be willing to pay money for their inventions.
The problem with change is that changing just a little is often harder than changing a lot.
I was reviewing a marketing plan for a startup company yesterday when I suddenly got a flash of understanding. This company is struggling to succeed with their sales and marketing because they might be targeting the wrong group. The decision makers in their target market are Farmers, yet all their marketing content and campaigns seem to be aimed at Hunters.
I just read an article about a group in the Northeast that is encouraging people who are facing layoffs from their jobs to consider becoming entrepreneurs.
How dare they? Is becoming an entrepreneur really an option for someone facing redundancy and unemployment?
All professional athletes have coaches. No serious competitor would attempt to compete at peak level without one. So why do athletes need a coach? Is there a real purpose that the coach fulfills?
Have I learned anything after almost 20 years of doing startup companies? I try not to make the same mistakes more than at least 1 time. Today I sat down and decided to make a list of the most common mistakes that I (and other entrepreneurs) typically make.