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10 Attributes Of The Perfect Partner For Your Startup

Startup Professionals Musings

The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. In fact, I would broaden the definition of partner from co-founder to “business partner.” The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO.

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6 Due Diligence Goals When Vetting Business Partners

Startup Professionals Musings

Business partners can be co-founders in a startup, multiple owners of an existing business, or a joint venture. In every case, a partner can be an asset, bringing new skills and perspectives to the business; or a burden, making every decision more difficult, and taxing your lifestyle satisfaction.

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How Bill Gates Was A Role Model For New Entrepreneurs

Startup Professionals Musings

In my opinion, Bill Gates would have failed without his partners Steve Ballmer, and Paul Allen. You need to convince a thousand partners that they can become winners, if they join you as believers. Bill Gates ran the technical show, but Steve Ballmer never let him forget the marketing and business side of the equation.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

The market was down considerably with public valuations down 53–79% across the four sectors we were reviewing (it is since down even further). ==> Aside, we also have a NEW LA-based partner I’m thrilled to announce: Nick Kim. To that end I’m really excited to share that Nick Kim has joined Upfront as a Partner based out of our LA offices.

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5 Keys To Negotiating Your Fair Share Of Any Startup

Startup Professionals Musings

The next default of waiting until later is equally bad, since partners who bow out early will still expect an equal share of that first billion you make later. That way, if one of the partners disappears, or their role changes, a portion of the equity can be re-captured and reallocated to the other members. Now comes the reality check.

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5 Pitfalls to Avoid When Transforming Your Business

Startup Professionals Musings

As a business consultant, I can get you started in this transformation, but I was pleased to see more detailed guidance, including things to watch out for, in a recent book, “ The Ecosystem Economy ,” by Venkat Atluri and Miklos Dietz, both senior partners at McKinsey & Company with much experience.

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10 Keys To Raising Your New Venture Funding Potential

Startup Professionals Musings

Investors, partners, team members, and customers implicitly value or devalue a startup based on the leader’s physical presence, emotional identity, social skills, intellectual agility, moral values, and past performance in the domain. I have paraphrased his key points here as follows: Leader personal impact. Focus on talent and people growth.