BizIdeas

How To Develop Team-Centric Attributes For Your Startup Company

By Martin at July 28, 2015 | 1:18 pm | 0 Comment

How To Develop Team-Centric Attributes For Your Startup Company

Every entrepreneur realizes that building a great team is critical to the success of his or her startup, but many don’t realize that it takes more than multiple qualified employees to make an effective team. It’s possible, or even likely, that a set of skilled individuals can result in a dysfunctional team, where contention, jealousy, lack of communication or work more...

BizIdeas , entrepreneurship

How To Find An Ideal Business Partner For Your Startup Company

By Martin at July 21, 2015 | 12:04 pm | 0 Comment

How To Find An Ideal Business Partner For Your Startup Company

As an advisor to startups, I often get asked what to look for in an ideal co-founder or business partner. My first response is that it’s much like finding that ideal spouse, where chemistry, common interests and complementary communication skills are key. After some reflection, I now realize these attributes are necessary but not sufficient to be an ideal business more...

BizIdeas , entrepreneurship ,

How To Pick Right Name For Your Startup Company

By Martin at July 7, 2015 | 11:14 am | 0 Comment

How To Pick Right Name For Your Startup Company

Every new baby gets a name before it is introduced to the world, and yet some entrepreneurs continue to send me business plans with TBD (to be determined) in place of a business name on the front page. They don’t realize that the name they choose, or lack of it, sets an initial perception of the business that may override all of its value. Your business name will have more...

BizIdeas , entrepreneurship ,

5 Tips For New Entrepreneurs & Startups

By Martin at June 22, 2015 | 11:37 am | 0 Comment

5 Tips For New Entrepreneurs & Startups

The cost of entry for an aspiring entrepreneur has never been lower, and the total wealth of opportunities has never been larger. You can start a new web site business on the Internet for as little as $100, with cheap smart phone apps, new technology innovations, or tapping the multitude of opportunities brought by capitalizing on our concern for dwindling natural more...

BizIdeas , entrepreneurship ,

Why Visionary Entrepreneur Need An Execution-Oriented Partner

By Martin at June 18, 2015 | 2:05 pm | 0 Comment

Why Visionary Entrepreneur Need An Execution-Oriented Partner

It seems like every entrepreneur I meet these days is quick to proclaim themselves a visionary, expecting that will give more credibility to their startup idea, and improve their odds with investors. In reality, I’m one of the majority of investors who believe that startup success is more about the execution than the idea. Thus, unless the visionary highlights a more...

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8 Tips For Entrepreneurs From Shark Tank TV Series

By Martin at June 12, 2015 | 11:12 am | 0 Comment

8 Tips For Entrepreneurs From Shark Tank TV Series

As an advisor to entrepreneurs and active angel investor, I often get questions about the realism of theShark Tank TV series, compared to professional investor negotiations. The simple answer is that with all the staging of TV lights and billionaire investors, it’s nothing like Silicon Valley. Yet the process is eerily realistic, and every entrepreneur can glean some more...

BizIdeas , entrepreneurship ,

Basic Learning Principles For Entrepreneurs

By Martin at May 28, 2015 | 11:39 am | 0 Comment

Basic Learning Principles For Entrepreneurs

Aspiring entrepreneurs who rely only on traditional learning vehicles (teachers, classrooms, and risk-free practice) are doomed to failure in founding a startup today. Either they are never really ready to start, study an opportunity until it has passed, or fail with tools and techniques from a bygone business era. The Internet and the current information wave have more...

BizIdeas , entrepreneurship

How To Identify Difference Between Real Business & Hobby

By Martin at May 25, 2015 | 11:13 am | 0 Comment

How To Identify Difference Between Real Business & Hobby

As a startup investor, I often see business proposals looking for funding that really look like expensive hobbies looking for donations. I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining more...

BizIdeas , entrepreneurship

How To Foster Team Accountability In Your Startup Company

By Martin at May 21, 2015 | 11:07 am | 0 Comment

How To Foster Team Accountability In Your Startup Company

Getting things done effectively in a startup requires total individual and team accountability. You can’t afford excuses and multiple people doing the same job. In my view, “taking responsibility” is the core element behind accountability. Many people hear responsibility as an obligation, but I hear it as “the ability to respond.” Unfortunately many people more...

BizIdeas , entrepreneurship ,

How To Pick Right Startup Model

By Martin at May 13, 2015 | 11:17 am | 0 Comment

How To Pick Right Startup Model

Being an entrepreneur seems to be one of the most popular lifestyle aspirations these days. According to most definitions, anyone who starts a business is an entrepreneur, but most people don’t realize there are many startup types out there, and picking the wrong one can be just as disastrous as being stuck in a cubicle at work, or doing things with no interest and no more...

BizIdeas , entrepreneurship