Most entrepreneurs I know are individually very innovative, but a successful startup can’t be a one-man show (for long). That means they need to build an innovative team, which is not a skill that most people are born with. In fact, some very innovative individuals, known as ‘idea people’ or inventors, often end up creating […]
Every aspiring entrepreneur I know is convinced that his or her idea could be the next big startup, blossoming into a billion dollar unicorn. Yet I find that only a few are able to put their passion aside for a moment and compare their solution to the attributes that really attract a large market of […]
Every startup founder knows implicitly that startup success is a long hard road. Yet we always dream that we are the exception to the rule. So once in a while, it’s good to look at some facts to temper our imagination. I was reading an old article written by marketing guru Seth Godin a while back where […]
Schutzler’s view of leadership is different than many academics and executive coaches, who feel that leadership is an innate character trait
We need to recognize that all humans see reality differently through a built-in set of “cognitive biases,” based on their own unique background of experiences, training, and mental state.
Business trust seems to be in short supply these days. Perhaps it’s because we are reminded daily of scams on the Internet that result from unscrupulous businesses and people. Yet if you run a business, you know things won’t get done, and most customers won’t buy unless they trust you. Thus, it’s critical to your […]
The highest rate of entrepreneurial growth over the last few years is not Gen-Y upstarts, but Boomers over the age of 50, now called encore entrepreneurs.
Some investors seem to focus wholly on the strengths of the management team, or a sustainable competitive advantage, and in reality, these are the core attributes of every funding equation. While these may be necessary for funding, they may not be sufficient to make your startup the great success embodied in your vision. In the […]
Most people think that being the best requires more intelligence, more training, and more experience. In reality, in business or even in sports, the evidence is conclusive that it is as much about how you think, as what you do.
Most of you aspiring entrepreneurs have no idea how dramatically your own role has to evolve as you develop a solution, start a business, and expect it to scale into a successful self-managed company. You may have a strong product development background, but typically have minimal experience in hiring and leading team members and groups, […]
The traditional approach of implementing stable and repeatable processes, so that your business can run itself, no longer works.