Browsing Posts of Author
Few Angel Investors That Entrepreneurs Should Avoid
By Martin at April 23, 2012 | 8:20 am | 0 Comment
A few angel investors have slipped or fallen from their lofty perch, so entrepreneurs must take great care to validate the character and reputation of every prospective investor. The entrepreneur’s tendency to be in a huge hurry to obtain the funding can end up being disastrous, and play into the hands of these less scrupulous investors. Many entrepreneurs more...
How To:Take Smart Risk To Become A Successful Entrepreneur
By Martin at April 21, 2012 | 9:05 am | 0 Comment
How To:Take Smart Risk To Become A Successful Entrepreneur Being a risk taker in business is not the same as being reckless. Nevertheless, the word “risk” has a negative connotation to most of us, implying danger and possible loss. For true entrepreneurs, risk is viewed as a positive, with its implied challenge to overcome the unknown and hitting the big more...
Smart Strategies For Entrepreneurs To Turn Their Business Ideas into Action
By Martin at April 20, 2012 | 8:28 am | 0 Comment
Smart Strategies For Entrepreneurs To Turn Their Business Ideas into Action Successful startups are all about turning ideas into action quickly and efficiently. These actions must be the hard part, since entrepreneurs always seem to come to me with ideas, and ask me for help on the actions. That has always seemed strange to me, since the magic is supposed to be in more...
Strategies For Entrepreneurs To Work Less and Do More
By Martin at April 19, 2012 | 8:16 am | 0 Comment
The universal challenge of every startup founder is to get everything done that needs to get done, and still have a life. Even outside of business, everyone wants to accomplish more, while working less. I’ve been a student of these techniques for some time, but recently I saw a great summary that seems to pull all the key principles together. Stever Robbins, more...
Why Open Leadership Is Important For Today’s Entrepreneurs?
By Martin at April 18, 2012 | 8:49 am | 0 Comment
The emergence of social networking and the Internet has caused a new focus and value on “openness,” which leads to a new element of leadership, called “Open Leadership.” The mantra of open leadership is “Be Open, Be Transparent, and Be Authentic.” This is counter to the traditional business premise of “control,” so many companies are still pushing more...
Long-Term Survival Tips For Your Startups
By Martin at April 17, 2012 | 8:24 am | 0 Comment
I’m always looking for evidence of early startup characteristics that might be predictors of long-term success. Every investor has his own list, usually based on his own very small sample, or simply his gut feeling. Of course, we would all like to have a magic list based on more definitive tracking of many real startups over time. In that context, I recently came more...
Why Entrepreneurs Should Follow Servant Leadership To Grow Their Startup?
By Martin at April 16, 2012 | 8:17 am | 0 Comment
Startups provide leadership in the market. Entrepreneurs provide leadership to their startup. There are many styles of leadership, like dictatorial, laissez-faire, and democratic. One that I hear discussed more these days, in this age of relationships, is called “servant” leadership. What is servant leadership? The servant leader serves the people they lead through more...
How To: Get a Bank Loan to Fund Your Startup?
By Martin at April 14, 2012 | 8:50 am | 0 Comment
A common question I get is “How do I get a bank loan to fund my startup?” The default answer is that it probably won’t happen, because most banks just don’t make bank loans to startups. The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. That’s why Angel investors are so sought after by more...
Key Skills That Every Entrepreneurs Need To Develop
By Martin at April 13, 2012 | 11:13 am | 0 Comment
Entrepreneurs seem more quickly frustrated these days when their “million-dollar idea” doesn’t turn into a sustainable business overnight. They don’t realize that it takes many skills to build a business under the best of circumstances, and today’s world of instant gratification doesn’t leave room for the patience and practice to develop these more...
How To: Win Customers For Your New Startup
By Martin at April 11, 2012 | 8:23 am | 0 Comment
You can’t succeed in your new startup if you can’t win customers, and the new Internet-empowered customers are tough. They are in control, and they no longer care where or from whom they buy, so here is your chance to win. They do have a specific purchase progression with key milestone moments that determine your win or loss outcome in every transaction. I agree more...
