In a compelling analysis by HBR, discover why scaling without hierarchy, chasing structural harmony, and relying on sustained heroics might not be the silver bullets for success you think they are. Unlock the facts and recalibrate your strategy for real results. #LaunchYourStartup #LaunchFinance #CFO #StartupAccounting #StartupTips #ManagementMyths #Entrepreneurship #BusinessStrategy
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Unveiling Management Fallacies: Learn how startup leaders unknowingly sabotage growth with myths like scaling sans hierarchy, structural harmony, and sustained heroics. Discover insights from global research to steer clear of these pitfalls. https://lnkd.in/gXvmG-qX #StartupWisdom #ManagementInsights #LeadershipTips #BusinessGrowth #Entrepreneurship #StartupCulture #ManagementMyths
3 Management Myths That Derail Startups
hbr.org
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Your role as a founder is to be a step ahead of what your company will require of you as best you can. You should always be taking time to think strategically no matter what stage of a company you have. Lots of times what is required of you early on are the tasks that you wouldn’t prefer to do, but need to get done. You must realize quickly what are the processes that you can automate or outsource. Each comes with a different requirement of supervision, but in the age of AI more automation will prevail. As you grow, this process doesn’t change, the complexity does. Scaling a company requires you to recognize the needs of your organization, be a systems thinker, and be able to recruit the best talent possible and keep them. Here’s where lots of startups fail. Founders can manage themselves, maybe a few people, but do not have the technical expertise to manage a growing or large organization. It is a different skill set. It is easy to hire people for the tasks or jobs that are hard for you, it is much harder to hire someone for the jobs that you are good at. It’s also challenging to manage those people, but you have to, if you want to grow.
This might not be news to many founders I work with, but as a startup coach and advisor, there are many shared lessons learned across a founder's entrepreneurial journey. For founders that are venture-backed, always remember, who you are as a Seed stage founder isn’t who you need to be as a Series A, Series B, or even Series C founder. The evolution is inevitable and necessary for you, your company and your capital sponsors. At the Seed stage, agility, innovation, and a hands-on approach are crucial, especially in the beginning. You're in the trenches, crafting the vision and validating your idea. But as you progress, leadership, strategic thinking, and the ability to delegate becomes paramount. Your role transitions from building a product to building a company. The lesson learned for entrepreneurs is to embrace and lean into your transformation. If you want to be successful, you will need to continuously learn, adapt, and grow as a founder. Surround yourself with people who can guide you through change. The journey is demanding, often times isolating but in the end rewarding. If you’re a #startup #founder, #ceo or stakeholder, please share your thoughts and comments below?? to support #entrepreneurship and #entrepreneurs. Tags: #proptech #venturecapital #innovation
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After hearing so many recommendations, This Morning I have finally picked up Zero to One by Peter Thiel. It’s one of those books that every entrepreneur talks about, and I’m excited to dive deep into its insights! As someone who is constantly fascinated by business models and the way technology can solve real-world problems, I believe this book holds the key to understanding how to build something truly unique and impactful. I’ve always been an optimist when it comes to technology—believing it’s one of the greatest forces for good in the world. Now I’m eager to see how Thiel envisions the future and what we, as creators, can learn from it to build solutions for tomorrow. If you’re passionate about startups or innovation, I’d love to hear your thoughts or suggestions on other great books around management, entrepreneurship, and technology. Drop your recommendations below! #Business #Entrepreneurship #ZeroToOne #StartupLife #Innovation #ZeroToOne #PeterThiel #StartupWisdom #InnovationMindset #TechEntrepreneurship #FutureOfBusiness #DisruptTheMarket #BuildTheFuture #BusinessInnovation #StartupJourney #TechForGood
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Management strategies that are based in the corporate world can hold back your startup: https://buff.ly/3UVnaJu #Quantive #MergersandAcquisitions #valuations #businessvalue #entrepreneur #exitplanning
3 Management Myths That Derail Startups
hbr.org
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Successful companies are set up by these 3 elements! 1. Business Idea →A business idea is just the beginning. Many people fall in love with their initial idea, thinking it's perfect. →However, it's really just a starting point. →The idea needs to be developed and tested rigorously before it can succeed. →Only after surviving these tough challenges can it attract financing and achieve market success. 2. Capital →Having enough money is crucial for any business. →If investors find your project promising, it will likely get funded. →The key is to view your idea from an investor’s perspective. 3. Strong Management Team →A strong management team is essential for setting up a successful company. →Building this team is a difficult and ongoing process that requires time, effort, and sensitivity. →Start forming your team early and keep refining it throughout your planning. What other elements do you think are important for success? Let us know in the comments below! #entrepreneurs #startups
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?? Great things never come from comfort zones ?? Whether you're building a startup or leading a business, growth doesn't happen by staying safe and comfortable. Innovation, progress, and breakthrough moments are found when we push ourselves beyond the limits of familiarity. ?? For startups: The next big idea? It’s on the other side of that bold risk you’re hesitant to take. ?? For entrepreneurs: The breakthrough for your business lies in that uncomfortable pitch, that challenging decision, that next-level idea. ?? For businesses: True innovation and growth require embracing discomfort, adopting new strategies, and constantly challenging the status quo. Every leap of faith, every risk, and every decision made outside your comfort zone is a step closer to extraordinary success. ?? Let’s push the boundaries and see where discomfort can lead us. #Entrepreneurship #StartupGrowth #BusinessInnovation #DisruptTheNorm #ComfortZone #RiskAndReward #Leadership #SuccessMindset #BusinessGrowth #Innovation
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New Blog Alert: Why 85% of Startups Fail Despite Access to Experts! Ever wondered why so many startups don't make it past their 5th year? It's not about the money. It's about having the RIGHT strategy! In my latest blog post, I dive deep into: ?? The importance of a tailored, adaptable business strategy ?? Why flexibility and continuous learning are crucial ?? How effective execution and a strong team make all the difference.. If you're a business owner looking to grow, launch, scale, or manage your business successfully, this is a must-read! #StartupSuccess #BusinessStrategy #Entrepreneurship #BusinessGrowth #StartupLife #SuccessTips #StrategyMatters #BusinessOwners #darlenemziebell ? ?? Don't miss out on the insights that can turn your business vision into reality!
Why 85% of Startups Fail: The Crucial Role of Strategy Over Capital
training-darleneziebell.com
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New Blog Alert: Why 85% of Startups Fail Despite Access to Experts! Ever wondered why so many startups don't make it past their 5th year? It's not about the money. It's about having the RIGHT strategy! In my latest blog post, I dive deep into: ?? The importance of a tailored, adaptable business strategy ?? Why flexibility and continuous learning are crucial ?? How effective execution and a strong team make all the difference.. If you're a business owner looking to grow, launch, scale, or manage your business successfully, this is a must-read! #StartupSuccess #BusinessStrategy #Entrepreneurship #BusinessGrowth #StartupLife #SuccessTips #StrategyMatters #BusinessOwners #darlenemziebell ? ?? Don't miss out on the insights that can turn your business vision into reality!
Why 85% of Startups Fail: The Crucial Role of Strategy Over Capital
training-darleneziebell.com
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New Blog Alert: Why 85% of Startups Fail Despite Access to Experts! Ever wondered why so many startups don't make it past their 5th year? It's not about the money. It's about having the RIGHT strategy! In my latest blog post, I dive deep into: ?? The importance of a tailored, adaptable business strategy ?? Why flexibility and continuous learning are crucial ?? How effective execution and a strong team make all the difference.. If you're a business owner looking to grow, launch, scale, or manage your business successfully, this is a must-read! #StartupSuccess #BusinessStrategy #Entrepreneurship #BusinessGrowth #StartupLife #SuccessTips #StrategyMatters #BusinessOwners #darlenemziebell ? ?? Don't miss out on the insights that can turn your business vision into reality!
Why 85% of Startups Fail: The Crucial Role of Strategy Over Capital
training-darleneziebell.com
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