Some “rules of thumb” for establishing at least an advisory board well before you sign up investors or ship your first product.
Resources
How Brands Can Lean Into a Direct-to-Consumer Model
The world was moving towards direct-to-consumer anyway, COVID just accelerated it because people got forced into new behaviors. Now that people have had a taste, it’s going to be very hard to “wean them off” of the convenience, price power, and enjoyment of e-commerce buying. It doesn’t mean that people aren’t going to go to stores anymore, it just means that a lot of consumers have added e-commerce into the mix or that e-commerce is now a bigger percentage of their overall activity. Find out what you should be doing to capitalize on this shift.
9 Different Approaches for Motivating a Startup Team
Very few people know their own leadership style, or strengths and weaknesses, despite their many years of living and working in the real world. To assess where you are, and to unlock your full potential, there are many courses available, as well as seminars and gurus, but a good place to start is a book on the subject, like the classic one from John Mattone, “Intelligent Leadership.”
How Businesses Should Incorporate Streaming Entertainment in Reopening Strategies
A look at how businesses can transform their TVs from background noise to short-form entertainment that could increase revenue in a Post-COVID-19 world.
5 Ways To Validate Your Technology As Market Driven
Smart entrepreneurs build market-driven solutions. Most people are wary of change, and know that new technologies take time to learn and stabilize, so customers prefer solutions based on tried and tested proven technologies.
7 Startup Leadership Keys to Ramp Up Team Commitment
Checklist for developing team connections and building engaged team members as a key step in becoming an effective team leader, even if your team is spread all over the country.
4 Ways Businesses Are Playing to Their Strengths During the Pandemic
The COVID-19 crisis has transformed the business world in just a few months, leaving few companies unaffected. While different organizations have adopted different ways of coping with the economic fallout, some have managed to stay afloat by sticking to their guns. In difficult moments, it can be tempting to switch everything up and forge a […]
5 Strategies For Balancing Revenue Versus User Growth
In the last decade or two, companies have achieved market valuations in billions of dollars, while clearly sacrificing revenue to gain users. The pendulum is swinging back, with investors looking more for the traditional indications of business integrity, stability, and growth.
This Man’s 10,000 Mile Journey Reveals How Companies Can Achieve Greater Success by Practicing Diversity and Inclusion
A refugee from Vietnam, Tim Tran was able to overcome all the adversity in his life and successfully pursue the American dream. His story is a testament to why companies should value diversity and inclusion.
We Need a Strict Definition of Personal Success
As Founders, we spend an inordinate amount of time setting and pursuing goals, yet the ones that truly matter — the ones that affect us personally — are often amorphous. If we’re spending every waking moment working toward a goal, it stands to reason that our goals should have an insane amount of fidelity.
7 Questions Entrepreneurs Need to Ask Before Raising Funding
The color of any investor’s money may look the same, but it won’t help you if the price you pay is higher than the value it brings.