Startup Professionals Musings

JUNE 29, 2011

A while back I talked about how and where to find a co-founder in “ Ten Steps in Choosing the Right Startup Partner ”. The feedback was good, but some readers asked me to be a bit more specific on attributes that might indicate an ideal startup partner. You may be too independent to be partner material. Compatible work styles.

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Startup Professionals Musings

MAY 24, 2010

The feedback was good, but some readers asked me to be a bit more specific on attributes that might indicate an ideal business partner. In this article, I’m broadening the definition of partner from co-founder to “business partner.” You may be too independent to be partner material. Does not need to be managed.

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Startup Professionals Musings

AUGUST 26, 2019

As an advisor to business owners, and an occasional angel investor, my job is to separate the actual challenges from the common misconceptions that distract many promising entrepreneurs while building the leadership team required for your solution, marketing, and finance success. Partner with experts who share the risk.

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Hearpreneur

MARCH 4, 2022

Being in love with your business, when you’re an entrepreneur, is even better. Although there are days when tossing in your hat seems like a viable option, remembering how much you love your “job” can quickly snap an entrepreneur out of that mentality. When you're an entrepreneur, you have to make a lot of compromises.

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Argona

JANUARY 15, 2024

Organizations can eliminate all these challenges and build a resilient business model when they partner with the top consulting firms. Argona Partners offers professional consulting services enveloping ideation, prototype designing, testing business models, and executing growth plans.

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Startup Professionals Musings

OCTOBER 3, 2016

As a small business and startup advisor, I find that entrepreneurs often love to talk about their latest idea, but not their execution. For example, Elon Musk is recognized as a visionary entrepreneur, but his fortune and his impact has come from the great companies he has built, including SpaceX, Tesla Motors, and PayPal.

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Startup Professionals Musings

JANUARY 14, 2022

Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, costs, and tasks you don’t like. If you think about it, you should realize that not everyone is ‘ideal partner material.’ All decisions will be made jointly.”

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YoungUpstarts

SEPTEMBER 3, 2013

If you don’t perform a background check on your potential partner before doing business with him, you’re setting yourself up to get duped. It’s imperative to perform a due diligence check before entering into any business relationship — especially for an entrepreneur. by Kenneth Coats, founder of eKnowID. Leveraging Your Risks.

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Hearpreneur

JANUARY 12, 2022

We asked entrepreneurs and business owners the businesses they’re starting in 2020 and here are the responses. #1- Because of COVID-19 and the chaos, it has wreaked on brick-and-mortar businesses like mine, I've decided with my partners that we need to take a different approach within our company to generate more revenue.

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Hearpreneur

DECEMBER 20, 2023

Entrepreneurs often have a vision and a passion for their ideas, products, or services. We asked entrepreneurs to share why they started their businesses and here are the responses: #1- To be close to my family Photo Credit: Daniel Espada As an engineering project manager, I faced a crossroads in my life.

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Hearpreneur

JULY 15, 2024

We asked some entrepreneurs what their story is. 4- To provide guidance and leadership to law firms Photo Credit; Paul Carlson We started Law Firm Velocity because we recognized that many attorneys struggle to find true experts in law firm finance, leading to inaccurate bookkeeping and unclear financial plans that hinder their growth.

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Startup Professionals Musings

JULY 20, 2015

As an advisor to startups, I often get asked what to look for in an ideal co-founder or business partner. After some reflection, I now realize these attributes are necessary but not sufficient to be an ideal business partner. This means every entrepreneur needs partners who are smarter than they are in complementary domains.

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Hearpreneur

OCTOBER 10, 2023

We asked entrepreneurs and CEOs about having a business plan and here is what they had to say. #1- Moreover, it's a valuable tool when you're seeking financing from investors or lenders because it demonstrates your thorough understanding of your business's potential for profitability. Thanks to Steven Light, Avenue B ! #8-

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Hearpreneur

JANUARY 28, 2022

Our homeownership programs help people build momentum with their finances , and we hope to continue building momentum in our business for years to come! My business name „Finanzentdecker“ (Finance Explorer“) was created in front of the whiteboard in a long night full of ideas, that just weren‘t good enough. Photo Credit: Roy Morejon.

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Startup Professionals Musings

JULY 15, 2019

Very few entrepreneurs have the range of skills and experience to be the solution creator as well as business creator, or operational as well as sales leader. The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. Some people are too independent to be partner material.

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The Startup Magazine

AUGUST 26, 2024

Partnerships allow for shared responsibilities but can lead to conflicts between partners. Managing Finances Effectively Creating a detailed business plan is essential for the success of your roofing company. Exploring various financing resources ensures you have the capital needed to cover startup costs and initial expenses.

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Hearpreneur

JUNE 9, 2023

We asked entrepreneurs and business owners how they deal with economic uncertainty and here are the responses. #1- We are doubling down on our commitment to partner with a diverse range of facilities across North America, including small, family-owned businesses that need the support. Thanks to Matt Little, Damien McEvoy Plumbing ! #16-

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Startup Professionals Musings

MAY 4, 2011

Your goal is “ coopetition ” - to find a way to partner with your competitor in such a way that both parties can substantially benefit from the other's resources - without stealing customers or damaging anyone's credibility. They may have the finances you need and are ready to invest in a business area they know. Possible investor.

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Hearpreneur

JANUARY 22, 2023

We asked entrepreneurs and business owners about the 2023 trends they see in their industry and here are the responses. #1- 13- Sustainability and ethical investing Photo Credit: Zach Larsen I'm really excited to see how technology will continue to shape the personal finance space in 2023. Thanks to Tomek Mlodzki, PhotoAiD !

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Up and Running

AUGUST 30, 2021

The outdoor industry wasn’t helping itself, so he did what all entrepreneurs do: start a business to solve the problem. It’s difficult to be an entrepreneur — whether you’re a recent college graduate or have managed multiple companies. It’s why the average age of an entrepreneur is 42 years old. Solve the rest later.

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The Startup Magazine

SEPTEMBER 14, 2024

For new entrepreneurs , the startup phase is one of the most challenging yet exciting stages of launching a business. Consider Funding Your Startup As mentioned previously, financing your startup is another viable funding method.

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Hearpreneur

JANUARY 20, 2021

We asked entrepreneurs and business owners about the future trends entrepreneurs see in their industry and here are the responses. #1- I am a business owner who works to help entrepreneurs incorporate or form LLCs for their businesses. 24- Personal finances awareness. 1- Use of cheaper online divorce tools.

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Startup Professionals Musings

JUNE 20, 2016

Thus the top priority of every entrepreneur who wants funding should be to build and highlight their “dream team” of co-founders, executives and advisers, to attract the biggest and best investors. Solo entrepreneurs rarely find an investor. Investors talk to each other and they love warm introductions to up-and-coming entrepreneurs.

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Hearpreneur

NOVEMBER 2, 2022

We asked our entrepreneurs what changes do they expect due to technology shortly, and this is what they have to say. #1- As someone who works in finance, specifically investments, technology is constantly growing and becoming a huge part of how finance and investments work. It will have an impact on every business type.

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Hearpreneur

FEBRUARY 18, 2024

A network of friends and partners can also serve as a great assurance and reminder that you’re not walking alone. Here are the various ways entrepreneurs and business owners stay motivated in business. #1- Thanks to Silvia Borges, Regional Rural Finance Brokers ! #2- Thanks to Andre Oentoro, Breadnbeyond ! #4-

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YoungUpstarts

JANUARY 4, 2017

3 Great Examples of Entrepreneurs Turned Investors. Operating executive, entrepreneur and investor Varsha Rao is a good example of someone who has seen both sides of this situation. Sam Decker is the founder of Mass Relevance, Clearhead and Mashbox so he is in the perfect position to help entrepreneurs. Varsha Rao. Sam Decker.

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Hearpreneur

FEBRUARY 8, 2023

As an entrepreneur, joining organizations or networking groups can allow you to connect with like-minded people who can provide you with information and support, and refer customers to you. The Young Entrepreneur Council (YEC) is an exclusive group for business owners under the age of 40. Thanks to Alex Contes, Review Grower ! #3-

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Hearpreneur

FEBRUARY 26, 2023

We asked entrepreneurs to discuss how quiet quitting affects entrepreneurship and here are the responses: #1- Offers opportunities for innovation Photo Credit: Brooke Waupsh It’s interesting because on one end “Quiet Quitting” and “Employee Disengagement” cost US companies a trillion dollars a year. Thanks to Brooke Waupsh, Swoovy ! #2-

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Hearpreneur

FEBRUARY 6, 2021

As small businesses recover from COVID, Plastiq will be the partner to power their growth, extend their cash on hand, and simplify payments. Any advice you would give to entrepreneurs and business owners? The post Entrepreneur Enabling Customers to Pay or Accept Payment appeared first on Hearpreneur. Start now, not later.

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Startup Professionals Musings

OCTOBER 7, 2012

As a mentor and advisor to entrepreneurs, I find it’s easy to recognize “street smarts” when I see them, but it’s hard to explain the specifics to someone on the other end of the spectrum, even if they are willing to learn. Make these part of every interaction with partners, customers, and team members. Deal with people.

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Hearpreneur

JANUARY 23, 2022

Often entrepreneurs and business owners create their New Year’s Resolutions around their business. We asked entrepreneurs to share their business goals and what they were looking forward to in 2022. As an entrepreneur, you have the opportunity to use your time and abilities to create the life of your dreams. 12- Boost revenue.

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Berkonomics

NOVEMBER 14, 2024

Free cash flow is important when the buyer intends to finance the purchase using the revenue from the purchased company itself. 4. Book Value Method: This is the basic net worth of the Company on the balance sheet. Images created with DALL-E 3.

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Hearpreneur

SEPTEMBER 22, 2021

Here’s what entrepreneurs had to say about the companies they admire for their innovation. #1- I have always admired and been amazed by successful entrepreneurs who don't have a university degree. From music to finance, airlines and now offering flights to the public into space. Photo Credit: Aiden Cole. I most admire Bubble.io

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Hearpreneur

MARCH 23, 2022

I soon realized that I had as much passion for teaching as I do about finance and investment, and I knew that I had acquired the kind of insight that could help transform the lives of business professionals who were looking to survive in investment banking roles. As a female entrepreneur, I had to overcome several challenges.

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Hearpreneur

MARCH 21, 2021

We asked some entrepreneurs and business owners, why they started their businesses: #1- To do it for myself. 2- To help entrepreneurs become financially independent. One of our marketing strategies was to partner with an underwear company, and have models do deliveries in the underwear. Photo Credit: David Moise. I led projects.

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YoungUpstarts

JUNE 28, 2018

Not everyone will benefit from earning an MBA, but for many entrepreneurs, having an MBA can offer serious advantages. Your classmates could become your business partners one day. You’ll meet partners, mentors, advisors, and people who have the experience to help you set up a successful business. Forging Useful Connections.

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Hearpreneur

DECEMBER 25, 2022

A network of friends and partners can also serve as a great assurance and reminder that you’re not walking alone. Here are the various ways entrepreneurs and business owners stay motivated in business. #1- At LaserMax, our passion and tenacity to create something new and see it thrive is what keeps us entrepreneurs going.

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