Entrepreneurship Tips — Management

What Are The Key Skills And Qualities That Every Successful Entrepreneur Possesses?

Posted by Robert Norton on

What Are The Key Skills And Qualities That Every Successful Entrepreneur Possesses?

I have a free 1-hour course on the skills that must be possessed by the senior team collectively. This can be viewed here: The personality traits that a strong entrepreneur must have include: Tenacity and the ability to ignore naysayers when they have deeper understanding of the problem the company is trying to solve Vision - The ability to see the future trend they are either creating or trying to leverage Intelligence - The critical thinking skills to properly weigh the many factors that are needed for most business decisions Leadership - The ability to convince others to follow them...

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The Clash in Styles at Twitter is a Master Class in Management and Organizational Change

Posted by Robert Norton on

The Clash in Styles at Twitter is a Master Class in Management and Organizational Change

  The clash at Twitter is a master class in management styles and a case study in what works and does not work, as well as radical organizational change. As Elon Musk's hard driving style is injected into Twitter's Millennial/woke/snowflake culture, explosive results must be expected. The two extremes in style and the rush to convert one culture into the other has created a circus to watch that has many lessons for all, including Elon. Elon's Asperger's Syndrome prevents him from understanding the needs of the people in the transition - though clearly many cannot make this transition too. Here...

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When is the right time to get adviser/board of directors for a startup?

Posted by Robert Norton on

When is the right time to get adviser/board of directors for a startup?

Firstly, these are two very different things. A BOA is usually a domain expert while a BOD member may bring skills like finance, sales, operation, scaling, marketing or other expertise. Too many boards are dominated by investors who only know finance. The right time to start is yesterday. Usually as soon as you are clear on the mission of the company, which allows you to build out the skills you need on your team. It takes time and patience to develop a BOA member. Few want any formal connection until some value has been built, as the risk is so...

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How Do I Introduce Myself as a New Manager?

Posted by Robert Norton on

How Do I Introduce Myself as a New Manager?

First, you learn the difference between “there” (a place) and “their” possessive plural.  If you lack written skills, it will be easy to lose the respect of others that have them.  In fact, it could become a joke that prevents anyone from respecting you unless you work in the mafia.  I say this because this question was sent to me in writing, and this is a pretty common error that says your English/ written skills are bad.  Written skills are critical. You must be concise, unambiguous, clear and more. I just recently had a contractor set a Google AdWords budget at...

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What Are the Three Levels of Management?

Posted by Robert Norton on

What Are the Three Levels of Management?

Like any model, this just divides a highly complex topic, or spectrum, into a number of levels to simplify.  However, this can be useful to set some framework and goals to climb that ladder. First, Management and Leadership are “Arts” not skills, consisting of hundreds of skills combine and requiring experience not book learning. That said, I created a model with five styles of Management learning, each would enable a person to start their own company and do well.  They are only learned through experience.  Every person should be managed mostly using one of these techniques, or styles: 1. Micromanagement -...

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