Entrepreneurs who are fortunate to partner with Venture Capital and Private Equity firms must identify the Gifts of their current and future staff to rapidly grow their companies to supersede ROI expectations.
Do you know the Gifts required to improve human performance and potential to swiftly grow your company? Engage Milestone’s former Fortune 500 executives, entrepreneurial leaders, human resource professionals and psychologists to Supercharge Your Company Today!
7 Tips for an Introvert Who Wants to Run a Startup
By Martin Zwilling
You can’t win as an entrepreneur working alone. You need to have business relationships with team members, investors, customers, and a myriad of other support people. That doesn’t mean you have to be a social butterfly to succeed, or introverts need not apply.
It does mean that you need to look, listen, and participate in the business world around you, and network through all available channels, like business-oriented social networks online (LinkedIn), local business organizations (Chamber of Commerce), and events or conferences in your domain.
I hope all this seems obvious to you, but I still get a good number of notes from “entrepreneurs” who have been busy inventing things all their life, but can’t find a partner to start their first business, and others trying to find an executive, an investor, or a lawyer.
What these people need is more relationships, not more experts, more blogs, or more books. So I thought I would drop back to some essentials in building and nurturing business relationships (most of these apply to personal relationships as well):
Build your network. These are people of all levels that have been there and done that, meaning people who know something that you need to know. See my recent article “Smart Entrepreneurs Plan Key Networking Activities” on how and where to get started. You don’t need a thousand friends, but a few real ones can make all the difference.
Give and you will receive. Relationships need to be two-way, and can’t be just all about you. If you are active in helping others with what you know, they will be much more open to help you when you need it. The more you give, the more you get in return, both literally and figuratively.
Work on your elevator pitch. This is a concise, well-practiced description of your idea or your startup, delivered with conviction to start a relationship in the time it takes to ride up an elevator. It should end by asking for something, to start the relationship.
Don’t skip all business social settings. Face time is critical, even with the current rage on social networks, phone texting, and email. Studies show that as much as 50-90% of communication is body language. That’s usually the important relationship part.
Are You Using Your Gift At Work?
Explanatory Trailer:
Each year it is estimated that US corporations lose an estimated $350 Billion due to low productivity of actively dis-engaged workers. To help people and corporations solve this problem, The Milestone Brand (TMB) co-founders, Darrayl & Derrick Miles have authored Superhuman Performance, a two-part book series emphasizing Utilizing Your Gifts to Perform at Extraordinary Levels.
In this series, the Miles brothers called on their friends who many regard as some of the world’s most powerful leaders and influential personalities to partner with them to Transform Organizations and the Lives of Millions of People around the World.â€
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Created by “The Architect of Superhuman Performance;” Derrick Miles
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