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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. Don’t ignore any big red flags.

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8 Strategies For Sustaining Momentum In Your Startup

Startup Professionals Musings

Every new business I know dreams of building momentum in their business, where growth continues to increase, customers become your best advocates, and employee motivation is high. It’s important to define your growth strategy, document it, communicate it to your team, and align metrics and employee rewards to target goals.

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8 Employee Behaviors Challenge Every Business Leader

Startup Professionals Musings

Equally important is leadership in the marketplace, with customers, outside partners, and industry thought drivers. Effective team leadership, or leadership inside the box, is really only half the challenge that every entrepreneur faces. The time and energy to do both is beyond most mere mortals.

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How to Elevate Your Business to the Next Level

The Startup Magazine

Invest in Employee Development Your team is one of your most valuable assets. Investing in employee development is not only going to boost their morale but also enhance their skills and productivity at the same time. The most high impact areas in any business are usually marketing, employee training and product development.

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How Entrepreneurs Need To Plan To Protect Their Business

The Startup Magazine

Use Contracts to Your Advantage Whether you’re hiring employees, working with vendors, or entering into agreements with partners, contracts are essential. For instance, non-disclosure agreements ( NDAs ) can protect confidential business information, and service agreements can clarify terms of service with clients or partners.

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5 Keys to Moving From Entrepreneur Thinking To Action

Startup Professionals Musings

Thus he donates a pair for every pair sold, and keeps his employees engaged by sending them internationally to work directly with constituents who can most benefit from the donations. The best way to start is to enable employee decision making on customer satisfaction issues. Spend more time nurturing partners and outside influencers.