Conventional business wisdom tells us that entrepreneurs are today’s main source of innovation. We see the stories of young founders leaving college with a big idea, going to work in their garage, and building something that changes the world. We hear about corporate employees, strangled by slow-moving bureaucracy, that are blocked from making transformative discoveries. In fact, […]
Advice
10 Ways That Open Business Sharing Propagates Success
Too many customers have long felt distanced from many successful brands, seeing them as closed and mysterious environments, focused only on profits and killing competitors. They may not have noticed the wave of “open businesses,” spawned by the Internet and social media. These are responding to the demands of this new world for collaboration, trust, […]
7 Strategies To Make You A Business Role Model
Every aspiring business leader and entrepreneur needs to understand their seven leadership initiatives, as summarized and paraphrased here.
Quantity Can Be The Gateway Quality: A New Way To Think About Content
The more content you put out for more audience demographics and segments, the more you can really understand what they respond to and refine what you’re putting out based on actual data – instead of only depending on the subjective opinions of decision-makers.
10 Signals That You Can Be A Trusted Business Leader
Every entrepreneur and business leader believes that he or she has the full trust of their team and their customers, and in fact, most do in the beginning. In my experience, most business professionals still believe in the old proverb, “trust but verify.” In this context, that means you trust your leaders initially, but you […]
The Emotional Cost Of Being A Startup Founder
We don’t do a great job of talking about the most important cost of starting a company – our mental and emotional well-being. Every bit of startup life chips away at our lives as a constant grind. It’s a journey few of us truly appreciate until we are too far into it. It’s time to start having a more open conversation about what it really costs to be a startup Founder.
7 Strategies To Prepare For Global Market Challenges
New entrepreneurs who want to survive, and optimize the growth of their startups, need to think globally and act locally, from day one. This approach, popularly known as “glocalization,” means you have to design and deliver global solutions that have total relevance to every local market in which you operate. Recognizing this is as much […]
Quotes to Entrepreneur By: Health and Happiness
From time to time I share quotes from my wanderings that seem useful to entrepreneurs. This latest collection, though, is a bit different.
5 Strategies For Building Winning People Connections
In the entrepreneur world, it’s still a popular misconception that the “idea” is everything. Even though investors, like myself, have long made it clear that we invest in people, not ideas, new venture owners insist on talking about their latest “million-dollar idea,” rather than their “million-dollar team.” The power is in the people, their business […]
3 Elements Of Business Planning Drive Future Success
Your business can’t be all things to all people and excel at anything. Every entrepreneur and every business needs a strategy to keep them focused. In fact, in this new world of pervasive interactivity, it’s time to rethink even how to develop a strategy. Strategy used to come from the inside looking out, but now […]
How To Check Your Ethics Before A Business Decision
Most business leaders I know clearly understand the difference between legal and illegal activities, but often are not so clear on the line between ethical and unethical. Unfortunately, there is no universal code of business ethics, written down and enforced by some external governing body. We all have to rely on our own interpretation of what […]