Jennifer Huberty, PhD’s Post

🚀 Startup Question!? 🤔 Tom Lucas and I have been thinking recently – are we wasting precious time by discussing the 'problems that would be nice to have'. Such as: too many clients to service with our current capacity, projects we'd need to bring in support for or what to do with company capital. Is this mindset a constructive compass for our future business endeavours? 💡It's easy to get caught up in the daily grind of putting out fires and addressing immediate challenges. However, we do take moments to dream big and envision the problems we'd love to have. 🌟 Instead of viewing it as wishful thinking, should we consider these discussions as proactive exercises in forecasting success? By identifying potential challenges that arise from scaling, increased demand, or market dominance, we're essentially preparing ourselves for the next level. 🔧 Every problem is an opportunity in disguise, and those 'nice to have' issues are often the byproduct of growth and success. They signal that we're on the right track, gaining traction, and making a meaningful impact in our industry. 🌐 The journey of a startup is unpredictable, and while we can't predict every hurdle, we can certainly embrace a mindset that positions us for triumph over tribulations. Would love to hear any thoughts on this from people who've been there and done it before? 🚀 #StartupMindset #newbusiness #socialmediaagency

To kick off this series, I want to give a shout-out to all the incredible startup founders out there. You have sacrificed so much to build something incredible, solving our problems and making life easier. This includes those who succeeded and those who tried but faced setbacks—each of you is an inspiration. You might be wondering why, as an HR professional, I'm leading a conversation on startups instead of focusing solely on "HR stuff." I've realized that to excel in my role, I need a basic understanding of what it takes to run a business, which applies to everyone regardless of their role. What We’ll Learn: -Idea Generation: Where do great ideas come from? Let’s find out. -Market Research: Uncover the secrets of understanding your audience and competition. -Business Models: From subscription-based to freemium—discover what suits your startup. -Getting Funded: Navigating the world of investors and funding rounds. -Business Valuation: How much is your startup worth? Let’s demystify it. -Investment Stages: Seed, Series A, B, C… What do they mean? -Founder Stress Management: Because building a startup isn’t all rainbows and unicorns. -Work-Life Balance: Tips for maintaining sanity while chasing your dreams. -Marketing and Scaling: Strategies to take your startup to the next level. -Dealing with Failure: It’s part of the journey. Let’s learn how to bounce back. -Building a Winning Team: Your startup dream team awaits! Remember, this is a learning adventure, and I’d love your likes, comments, and reposts. See you next week! #learnwithtemi #startup

🤔 Let's break down clichés and challenge misconceptions! Every Monday, I like to share a few perspectives that are often communicated my way — 𝗼𝗻𝗲𝘀 𝗜 𝘀𝗲𝗲 𝗾𝘂𝗶𝘁𝗲 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁𝗹𝘆! 💬✨ Let's talk about the 𝗳𝗮𝗹𝘀𝗲 𝗮𝘀𝘀𝘂𝗺𝗽𝘁𝗶𝗼𝗻𝘀: "Ideas are not valuable", "Only execution counts"... I find this notion utterly absurd. Ideas, when intricately developed, serve as the foundation for your execution. They act as the compass, providing the crucial direction. So 𝗺𝘆 𝗽𝗲𝗿𝘀𝗼𝗻𝗮𝗹 𝗺𝗲𝘀𝘀𝗮𝗴𝗲 𝘁𝗼 𝘆𝗼𝘂 𝗳𝗼𝘂𝗻𝗱𝗲𝗿𝘀 & 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀 out there: 🔥 𝘐𝘵’𝘴 𝘺𝘰𝘶𝘳 𝘪𝘥𝘦𝘢𝘴 𝘢𝘯𝘥 𝘦𝘯𝘵𝘩𝘶𝘴𝘪𝘢𝘴𝘮, 𝘵𝘩𝘢𝘵 𝘤𝘢𝘱𝘵𝘶𝘳𝘦 𝘱𝘦𝘰𝘱𝘭𝘦'𝘴 𝘦𝘹𝘤𝘪𝘵𝘦𝘮𝘦𝘯𝘵 𝘢𝘣𝘰𝘶𝘵 𝘺𝘰𝘶 𝘢𝘯𝘥 𝘺𝘰𝘶𝘳 𝘤𝘰𝘮𝘱𝘢𝘯𝘺! 𝘐𝘵'𝘴 𝘵𝘩𝘦 𝘮𝘪𝘴𝘴𝘪𝘰𝘯 𝘢𝘯𝘥 𝘷𝘪𝘴𝘪𝘰𝘯 𝘵𝘩𝘢𝘵 𝘪𝘨𝘯𝘪𝘵𝘦 𝘱𝘢𝘴𝘴𝘪𝘰𝘯 𝘢𝘯𝘥 𝘪𝘯 𝘵𝘩𝘦 𝘦𝘯𝘥 𝘤𝘰𝘯𝘷𝘪𝘯𝘤𝘦 𝘵𝘩𝘦 𝘪𝘯𝘷𝘦𝘴𝘵𝘰𝘳𝘴! 🔥 🌐 But, how do you craft profound ideas? 👉 Dive into the realm of 𝗵𝗲𝗹𝗽𝗳𝘂𝗹 𝗺𝗲𝗻𝘁𝗮𝗹 𝗺𝗼𝗱𝗲𝗹𝘀, such as: 1) Good Ideas That Look Like Bad Ideas: Sometimes, brilliance wears unconventional attire! 2) The Acts of Your Startup Idea: Transform your concept into a series of impactful actions. 3) The Idea Maze: Navigate the intricate paths, exploring every possibility. 𝗥𝗲𝗺𝗲𝗺𝗯𝗲𝗿, 𝗶𝗱𝗲𝗮𝘀 𝗳𝘂𝗲𝗹 𝘁𝗵𝗲 𝗲𝗻𝗴𝗶𝗻𝗲 𝗼𝗳 𝗲𝘅𝗲𝗰𝘂𝘁𝗶𝗼𝗻. Contrary to popular belief, ideas hold significance. In essence, impactful startup ideas evolve into well-crafted, multi-year strategies. They encompass a range of potential paths, adapting to the dynamic shifts in the world around us. Let's elevate our ideation game and unleash the full potential of our startups! 💪✨ #startupwisdom

I had a thought-provoking discussion with Manjunath V S while exploring some startup ideas. 🤔💡 His ability to break down complex concepts and offer clear, strategic insights truly impressed me. 🧠✨ Manjunath has a wealth of experience and a deep understanding of business models and market dynamics. His approach to problem-solving is practical yet innovative, which helped me gain a fresh perspective. 🚀 If you’re considering new ventures or need guidance on refining your ideas, I highly recommend connecting with him. He’s a sharp thinker, always willing to offer thoughtful advice, and has a natural talent for identifying key opportunities. 👨💼💡 Thanks for your invaluable input, Manjunath V S! 🙌 #startupideas #businessstrategy #learning #networking

"Unique insight" is just a fancy phrase to impress investors. Once a startup gets its first big check, these insights don't really matter. Competitors can quickly catch on and copy what was once a fresh idea. ❌ Wrong. This cynicism misses a broader, more inspiring picture. ❇️ A founder's unique insight is actually the core idea that guides the startup to stand out, niche down, and keep its edge in the market. ❇️ Think of these insights as seeds that grow into unique products. ❇️ They solve problems in ways no one else has thought of yet, giving the startup a head start against others. ❇️ These insights help founders see the big picture, guiding their startups through ups and downs. As things change, this vision helps them adapt and stay ahead. ❇️ A true unique insight comes from really knowing the market inside and out. This isn't something you can easily copy. It’s a deep understanding that protects the startup from competitors and helps it keep its strong position. So, maybe we should think of unique insights not just as tools for early success, but as the foundations that can build something lasting and hard to beat.

I wish I could sit down with every new founder over coffee. Here’s what I would tell them: A science plan is every bit as important as a growth plan. And I’m not just saying this because I’m trying to peddle something. I’ve spent years in the thick of it, watching brilliant ideas fail spectacularly thanks to a lack of data that could have been easily obtained along the way. It might seem like you're saving time and money by skipping the science, but you’re actually not. Instead, here’s what inevitably happens: 1️⃣ You end up at a crossroads with a potential investor or partner, and they ask for the one thing you can’t provide – solid, science-backed data. 2️⃣ Your team gets tangled in what they think they know, but without the data, it’s just guesswork. That’s money and time down the drain- good runway used on hunches.  3️⃣ You’re surrounded by similar products and need to stand out, but all you’ve got is a cool logo and a product that you think works (but you can’t prove it.) It’s painful to spend time working with startups in later stages, knowing that with a few adjustments at the beginning, they’d be years ahead. Start with science. Let it guide your decisions, from what you build to how you talk about it. It’s the one thing that can clearly tell you if you’re on the right path or if you need to pivot. And when you do have to make those tough calls, you’ll be able to do it with confidence, knowing you’re backed by real insights, instead of just hunches. Please take it from someone who’s been there: Make. A. Plan. #founders #startups #fractionalCSO

Evidence-based business growth is important at *every* stage of business maturity, but especially for early-stage businesses. This is how you manage risk and make decisions based on research and data, not gut feelings.

What Key Lessons from Startup Failures Can Drive Future Success? Answers: https://lnkd.in/gi2Gu8q3 #StartupJourney #LessonsLearned #Entrepreneurship Hey everyone! 😊 I’m on my third round of building a startup, and I can’t help but reflect on my previous two attempts that didn’t quite go as planned. While it was tough to face those failures, they have been true teachers, helping me shape my approach this time around. So, I’m curious about your experiences too! Here’s what I’ve learned: Choosing Co-Founders Wisely: 🎭 I found out the hard way that picking co-founders just because we were friends was a mistake. This time, I’m looking for partners who bring diverse experiences and skills to the team. It’s really about finding the right fit, not just someone you like hanging out with! Relying on Data Over Optimism: 📊 My second attempt taught me that while being optimistic is great, it’s crucial to back that up with solid data. Now, I base decisions—from hiring to our marketing strategy—on well-researched insights. This shift is making a big difference in how I navigate this startup journey. Now, let’s flip the script! I’d love to hear about your ow...

As a startup founder, you’re not just building a company. You’re trying to build a new business model that can scale. 🚀 This means that you need to think big right from the start. For many founders I mentor, this means aiming for 10 or even 100 times bigger! • “A tool for accountants to reduce TAXes in [financial system] easier” isn’t a startup. ❌ • “Helping financial professionals handle taxes effortlessly” is. ✅ The difference isn’t so much in the wording, and you’ll probably start off the same way. But when you acknowledge this large opportunity, you’re actively looking out for partners, news, and the market from a bigger picture, allowing you to jump in where the opportunity within your goal lies most. 👀 You want to ask yourself early on in your solution development: what makes me stand out, and how can I amplify that? What will disrupt me in 5, 10, or 20 years from now, and what can I do to become that party right now? 🤔 I truly love the power of disruption and know that we can achieve incredible things by dreaming big and starting small. 💪 #StartupSuccess #disruption #vision #thinkbig -—————————— ➕ 𝗙𝗼𝗹𝗹𝗼𝘄 𝗳𝗼𝗿 𝗺𝗼𝗿𝗲 𝗼𝗻 𝗵𝗼𝘄 𝘁𝗼: 🚀 Get through the early startup stages 💚 Startup with love for the planet

#MyManagementHacks .... part 5, "Clear the Clutter" - The 1 - 3 - 1 Score : Game-Set-Match ! Ever wonder how the most effective startup founders cut through the noise and get things done quickly, no matter the pressure and chaos all around, especially in the early days ? The answer to this can be the reason of why most startups fail and only a handful survive the 0-1 journey. I have always practiced & strongly advocate the 1-3-1 method, especially for the 0-1 journey, for both the founder and his/her startup team. It’s a game-changer at all levels and ensures objectivity and focus, drives quick problem-solving and super time management, and provides most needed efficiency and productivity - especially when there is a perennial crunch in the early days and resource maximisation is key at every level. Here’s how it works: 1️⃣ Clearly define 1 central problem or goal. 3️⃣ Identify 3 possible solutions or pathways forward. 1️⃣ Choose 1 solution, commit to it, and execute with focus. The beauty of this hack? It in part follows the ‘Rule of Elimination’ which is another of my go-to strategies for those tough decisions founders have to make. Very simply - It forces objectivity, encourages swift decision-making, and ensures progress even in high-pressure situations. Try it during your next sprint, meeting, or brainstorming session. You’ll be amazed at the clarity & action it brings. Remember, the path to success isn’t about doing everything—it’s about doing the right things with precision and focus.