We all have had setbacks in business – the challenge is to learn from each one to improve skills and decision making, rather than let failures get you down and reduce your chances of ever achieving success. The best entrepreneurs and business owners have experienced failure multiple times before bouncing back to a level of […]
Advice
5 Digital Policies Startups MUST Have
I’ve narrowed digital policy development down to five things you absolutely must do to protect your business, your employees, and your customers.
How To Set A Balance Of User Growth vs Profitability
everyone wants both profitability and user growth, but the question is which comes first. Most startups and investors I know don’t have unlimited funds, so the first question they should ask and do ask today, is “When is your company going to be profitable (self-sustaining)?”
3 Ways To Overcome Fear Of Failure
I want to change the conversation around fear of failure and adversity. You might not want to hear it, but I genuinely believe that your adversity and your “losses” are your biggest strengths in today’s environment.
7 Keys To Optimizing Your Investment In Social Media
If you are a business owner today, and not using social media to promote your business, you are missing out on a huge opportunity. But, contrary to what most people preach, it isn’t entirely free. Most social media outlets don’t require a subscription charge, but they certainly always require an investment, sometimes large, in people, […]
The New ABCs of Startup Investing: Part 2
Compressing years of startup investing experience into a listicle is probably just what the internet was invented for, but that doesn’t make it a good idea. Instead, here are a few quick guidelines — the bare necessities to prevent immediate disqualification in your rookie year.
7 Steps For Assuring Business Success And Fulfillment
Is it possible to be successful in business and not fulfilled? The answer is a resounding yes today, and I’m convinced that it will be even truer tomorrow, as young idealistic entrepreneurs try to adapt to the long-standing business culture if success is only measured in the money you make for yourself and your business. […]
8 Positive Lessons From Facebook On Building Momentum Image via Flickr by stockcatalog
Ten of the key challenges that Facebook faced in their growth, to move from a tiny social media upstart to one of the most successful companies in the world.
5 Startup Cost Realities Most Founders Underestimate
Starting a new venture still costs real money, even though the entry price has come down dramatically in the last few decades. For example, I come from a software background, and back in the early PC days, it could easily cost half a million dollars for a team of professionals to produce a commercial product. […]
6 Tips to Boost Workforce Engagement and Motivation
The challenge for all of us in business is to improve competitiveness by improving employee productivity and reducing costs. According to Gartner, one of the biggest drags on productivity is employee engagement, still hovering around 30 percent, and costing our businesses over $450 billion per year. I believe the only way to improve engagement is to […]
4 Key Ways to Implement Strategic Design Thinking in Your Business
The goal of strategic design thinking is to understand and solve a problem for its consumer. This method is applied to the design of intangible services and processes, which is an idea we have become familiar with in the new Age of Experience.