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I’ve made monthly peer-mentoring sessions of 10 to 12 other entrepreneurs an integral part of my ongoing education. In no small part, the knowledge I’ve gleaned from my EO peers led me to my newest undertaking. Why Peer to Peer? Accountability is another major benefit of peer mentoring.
Here is advice I collected for dealing with the stress of running a startup: 1. Brad Feld, a partner at Foundry Group and investor in many successful startups, gave me this piece of advice. Join a CEO peer group. If you are in a peer group with other CEOs , it’s much easier to get perspective on what’s happening to you.
I wrote this conundrum and the need to take charge of how the market define your skills in my much-read blog post on “ personal branding.” But if you want it in it’s full V1 glory read on … You’ve never been a CEO but might like to be one some day. Nobody sees you as a CEO since you’ve never been one?
She hasn’t raised any venture capital. She drove her company to profitability before paying herself a modest salary. She leveraged herself and even sold many of her possessions to get started. And when her assets were tapped she rented out her bedroom and even her couch on Airbnb to afford her year-one operations. More on that later.
EOA supports growth through direct learning, access to mentors, leaders, peers, and experts. That’s an 86% success rate of Accelerator grads joining EO because of the direct learning, access to mentors, leaders, peers, and experts that made it irresistible to join EO. EO supports entrepreneurs at every age and stage.
Have you ever wondered what it’s like to join the Entrepreneurs’ Organization (EO), the world’s largest membership network formed exclusively by entrepreneurs, for entrepreneurs everywhere? With nearly 19,000 members in over 80 countries, EO offers local, regional, and global experiences that support entrepreneurs beyond just business.
I was reading Chris Dixon’s blog tonight. I came across this blog post about getting a computer science degree as the best degree for getting into venture capital or working at a VC-backed start up. He writes with a great perspective and is well worth reading. I had to laugh a bit reading it. Many of my best friends have MBAs.
Before diving into entrepreneurship, wouldn’t it be ideal to tap into the knowledge of experienced, thriving business owners for advice on failure-proofing a new business? Validate product-market fit. “Do Do whatever legwork is possible to validate your product-market fit before investing everything in your concept. Beware of overbuilding.
If you've never blogged before, you might not get what I mean, but it's akin to how our view of the world changed the moment we all started carrying around cameras in our pockets. Being a good angel or VC has a lot to do with pattern matching. Its certainly not a way to become a great advisor. 3) Start with funds.
I’m going to save that for a future blog post. Let me start by saying two things: Events like this are invaluable to startups because the significant value comes from building the network across portfolio companies and the discussion one can have with your peer group. And market your brand, not your personality.
Emma Allen is active in the Charlotte, NC chapter of EO Accelerator , which empowers first-stage entrepreneurs with the tools, community and accountability necessary to catapult their business to the next level. EO staff member Cydney Melton asked Emma about her experience. In 2013, Allen went into business in Winston-Salem, North Carolina.
I recently wrote a blog post about why I believe that startup teams in close proximity perform better. [if you're not old enough to get the reference between this image and the title you can click on the image for a prompter]. As they showed me around the CIC I was instantly envious. These days we all use Skype and collaboration tools.
In short his argument seems to boil down to, “Look at me and my peers. There’s an article making the rounds in tech circles titled “ Growth Hacking is Bull ” written by Muhammad Saleem. I’d like to make the case that the article is wrong. I’d strongly encourage you to read it. We were here first.”
With a curious mind, the leader will seek knowledge and understanding from a variety of sources including subordinates, peers, experts, and trusted advisors. Jackie Jenkins-Scott has more than three decades of experience in executive leadership positions in public health, higher education and corporate and non-profit governance.
Kent Gregoire is an Entrepreneurs’ Organization (EO) member in Boston and CEO of Symphony Advantage , which helps CEOs achieve ongoing personal and professional success through strategic thinking, advice and planning. Here’s what he shared: I invite you?CEOs, CEOs, entrepreneurs, business leaders?to Finding My Tribe in EO.
I only say that because after years as a VC I can always tell when my peer group invested in something because “it seemed like it would make money” versus when they invested out of passion. His blog is even called SaaStr (a bit too close to Suster if you ask me ;-)). Are your investors truly passionate about what you do?
The frantic pace of technology cycles, the amount of tech news, the blogs, the conferences, the demo days, the announcements, the fundings, the IPOs. It got me thinking about the advice that I often give to new VCs. Somehow the world seems to be spinning faster these days than just a few years ago. It’s exhausting. And so forth.
I wanted to also post the series here to have it as a resource on my blog for future entrepreneurs who stop by. You see that peer who always pushes things further than you normally would. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. If you haven’t spent time over there you should.
A Forum, which is also often referred to as a Mastermind, is a group of peers who meet regularly, with the goal of helping each member improve personally and professionally. Given the request for input and feedback, you might expect a presenter to receive various advice from the other Forum members. In my experience.
Psychology Today notes that taking advice somehow feels like admitting that we don’t really deserve our high status. But truly successful people understand that the advice and knowledge of people who have been-there, done-that is priceless. What would you ask them? Robert Kraft, CEO of the Kraft Group. Strauss, Esq.,
A lot of times I think that's because there's way more advice out there about how to climb than there is about to succeed--and we confuse the two. A lot of people don't want to blog because they're too focused on the audience--they're not sure if they have anything worth saying or they're worried about oversharing. Get a mentor.
I recommend you read Fred Wilson’s recent blog post about the need for a well articulated business strategy before pushing a particular business model. I found myself in violent agreement with Fred’s blog post(s). He then brought her to board meetings so nobody could accuse him of not having a business model. ” True.
EO members whose businesses are coaching, strategic planning and consulting are offering free services to help their peers get back on their feet. They gave their advice to other members to help them prepare for the arrival of COVID-19 in our communities. We all are waking up to find ourselves in an altered world each morning.
I went to undergrad at UCSD, which is not a place known for its Greek institutions and my father grew up in South America and had know idea what a fraternity was. So I went to college with no expectation that I would ever join a fraternity let alone aspire to become president one day. Easy peasy. Gregory was into theater. You need a thesis.
Whether it’s securing investment capital, marketing a concept, recruiting new talent or leaning on peers for support and advice, having a solid network can seriously work to your benefit. Let’s focus on the traits shared by most entrepreneurs—and how you can tap into these characteristics to jumpstart your own success. .
McKinsey studies have also shown that companies with diverse leadership outperform their peers. The company’s Employee Assistance Program (EAP) provides counseling, wellness services and legal advice to accommodate their diverse needs. No one can dispute the inherent benefits of diversity in the workplace. Here’s what we learned: 1.
But being best-in-class at online marketing is also a sine qua non to standout from your peer group. Yesterday I wrote a post about “ growth hacking ” and why I thought it was wrong that people were hating on the term unnecessarily. It’s worth a quick read. My argument is pretty simple. This will fail.
As someone who’s dedicated her career to helping small-scale entrepreneurs grow their businesses, I’ve heard many skeptics say a business accelerator program is just a cover for startups looking to increase capital. On a personal level, giving entrepreneurs the support and resources to realize their potential is immensely valuable on many levels.
Jonathan Strauss took this issue head on in a blog post that I believe every startup founder should read on “ Replacing Oneself as CEO.” I know because I marked the occasion with a blog post on how to have a great VC meeting. ” But lately I’m more swayed by the wise words of Reid Hoffman. It’s your baby.
EO is a peer-to-peer learning organization , so it made perfect sense to offer free mentoring sessions to conference attendees who wished to spend time with an entrepreneur. Santoro attended the 2019 Startup Grind Global as an Entrepreneurs’ Organization (EO) ambassador and mentor. We share his thoughts below. .
Because my wife is a superstar she published them all on a blog here along with much other wonderful type-A mom advice. He had just written another one of his way-over-the-top blog posts. I think Dave has blogging Tourettes Syndrome when he hears the word VC. Through this process he raised $2 million.
Yet no matter how often you heard that you should trust your gut and follow your intuition, that advice is wrong. It probably felt strange and disconcerting, perhaps with a tone of outrage, as in “I don’t believe things more if they’re repeated!”. Reading the second sentence did not inspire such a strong reaction. The lazy brain.
This is part of my blog series “ Pitching a VC.&#. The advice I gave to my sales execs is the same advice I would give to you: smiling, nodding heads are normally not a great sign. They seemed to agree with everything I said.&#. They might even like to challenge some of your assumptions. Tips in a debate led VC Meeting.
But I strive to impact the lives of many more through hours of coaching entrepreneurs, challenging people to be better, making human connections for people or providing timely advice. Your advice made a difference.&#. Many of us have the ability to change the trajectory of other people’s lives. If I need to be blunt I am.
The employee figures out how to do the right thing and correct his behavior; you simply offer advice and guidance when the employee asks for it. Investing in your employees also happens to be a great way to invest in your business. Several years ago, I owned a concrete paving company. Then, he was right back at it. That’s the end.
I had served many roles previously on the BC Children’s Hospital Board, but I wanted to transition into something that engaged young entrepreneurs – and I found one. Our chapter president approached me and asked if I would be interested in creating a competition, with the catch that we’d never participated in GSEA before. Create Incentive.
I had served many roles previously on the BC Children’s Hospital Board, but I wanted to transition into something that engaged young entrepreneurs – and I found one. Our chapter president approached me and asked if I would be interested in creating a competition, with the catch that we’d never participated in GSEA before. Create Incentive.
It’s also good advice to treat your marriage like a business partnership, in that both require commitment, communication and a shared view of values and goals. It’s true that you should treat your business partnership like a marriage. After all, it’s important whom you select and no matter who that person is you’ll have to work hard at it.
At the start of 2020, Chelle Neff is wrapping up a decade of considerable success, growth and innovation. In addition to developing Urban Betty , a successful salon with two locations, Neff also created an app for stylists , produced a book about homes in Austin, Texas, and even reached the Inc. 5000 list twice! . What drives you? What’s next?
You know now why I would take her advice for new employees. ” She gave me a special one-time permission to write about her in a blog post so I could publish the advice she gave our friend. So consider this my first-ever guest blog post. General Advice. With a tiny bit of ghost writing from me.
Examples of VC platform services include: recruiting, marketing, design support, inside sales reps, consulting, accounting services and so forth. Each VC has their own take on which services to provide and mostly they’re free but some smaller VCs charge portfolio companies for use of these services but usually at a cheap cost.
Advice for entrepreneurs is often reduced to absolute statements and black-and-white “do’s” and “don’ts,” but I’ve found the truth is more nuanced. Here are some of the lessons that have meant the most to me: Advice can be unhelpful. A number of large companies have programs offering advice from their staff directly to startups.
It gives founders the tools and accountability to take their business to the next level. How did you hear about EO Accelerator? Lallenia: My husband, Brad, and I started Big Birge Plumbing in 2012. Neither of us had much experience running a business. I was referred to EO Accelerator by a former EO member and applied to the program in 2015.
Surrounding yourself with successful peers from different industries and walks of life provides some of the best learning opportunities and provided a significant competitive advantage.” Read more perspectives about executive learning on EO’s Inc.com blog. . The Entrepreneurial Masters Program class of 2016.
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