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Management - The best part of being an entrepreneur is having the independence to make your own decisions, the flexibility for a better work/life balance, and personal satisfaction from driving change. But nobody said it would be easy. The road to...
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Resources - Your business is your baby. You have worked hard, and your sacrifices have paid off — you have a team of excellent employees, and your company is growing more and more every day.However, sooner or later, one of your innovative...
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Strategic - Social media is a great medium for connecting to your customer base in ways you've never connected with them before. But because it's a two-way medium–something that many businesses aren't used to–many businesses are scared off by...
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Advice - As an angel investor in early-stage startups, I have long noticed my peers’ apparent bias toward the strength and character of the founding entrepreneurs, often overriding a strong solution to a painful problem with a big...
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Management - A question I often get asked as an advisor to startups is how to recognize and attract the best people to grow the business. The reality is that entrepreneurs usually do not have the money or time for executive recruiters to do the...
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Advice - Managing people is no easy task, but no matter what business you are in, you are going to be working with people, and effectively managing them is critical to the success of your business.In over 10 years of being in business, I...
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Advice - Stop focusing on outside leads. Building relationships with your existing (and previous) customers can boost your revenue.Russell Conwell was a man of many talents: over the course of his career, he worked as a Baptist minister,...
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Advice - Work Smarter, Not Harder, to Scale Your BusinessMany entrepreneurs identify with Thomas Jefferson’s saying: “The harder I work, the luckier I get.” It’s a lovely sentiment and it might even be true in the early days of a...
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Advice - Every entrepreneur with a new technology tells me that his innovation will be industry-disrupting, meaning that it will render the existing technology obsolete, and create a new market. Truly disruptive innovations, like the...
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Advice - Starting a new business is not an informal process, and it should never be treated like a hobby between friends. Unfortunately, as a startup advisor and angel investor, I’ve seen too many ventures with great potential get destroyed...
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Management - As startup owners, my managing partner Andrew Fayad and I know too well the Catch-22 that can affect small companies. To excel, startups need powerful hires who are experienced and innovative, but it’s hard to entice...
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Advice - Who says you need a PR firm to get exposure?I had a colleague recently ask me about what online PR distribution company they could use to publicize their book. My response was, “I’ve never used a press release ever.” I have...
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Advice - Every entrepreneur I know has his or her favorite excuse for a previous failure — an investor backed out, the economy took a downturn or a supplier delivered bad quality. These things outside your control do happen, but based on my...
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Management - About a year ago, when James Orsini joined VaynerMedia as our Chief Integration Officer (CIO), he was amazed at how low our voluntary turnover rate was. “What are we doing?” he asked me. My response? “We are an HR-driven...
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Advice - Most entrepreneurs assume that success is dependent on their product expertise, coupled with some knowledge of how to run a business. In fact, I have found from personal experience and mentoring that both of these are necessary, but...
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Advice - Recently, I came home from work at 10pm, opened the door and immediate heard my wife say how stressed she was. Her pharmaceutical company recently bought a biotech startup for a lot of money, and my wife is leading a very tough...

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