It's time for the Summer PJM Consulting
Newsletter. We've got 3 all new articles to share as usual, along with
a collection of the most appreciated from the past. The common
thread of the new articles is "startups", although
3 very different aspects: coping with the emotional ups and downs,
starting up within a large corporation, and recognizing when the
startup journey has (sadly) come to an end. I'd be happy to hear from
you with any questions or comments that you have on the newsletter
content.
Feel free to reach out using the contact information
at the bottom of the newsletter. Now on to the new articles:
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Can You Do an
Internal Startup Within a Large Corporation?
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This is a topic that I
believe is dramatically under-covered in the tech industry. You will
find many books on startups as well as large corporate cultures,
but rarely will you find something written about the melding of
these two different animals into that "odd duck": the
internal startup. Here's a pragmatic view of successful
intrapreneurship: Read
Article
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Handling the
Emotions of the Startup Journey
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Everyone
knows that startups are hard, this is part of the popular lore of the
tech industry. The difficulty of it is celebrated in our culture as
well as the folks that successfully endure it and heaped with wealth
beyond their dreams. These top of the pyramid entrepreneurs become
tech industry folk heros. But how tough is it, really? So tough in many
cases that you really can't understand it until you've gone through it
for yourself. Because the emotional toll can be so great, it is
actually an obstacle that needs to be acknowledged and planned for
upfront to maximize the chances of success, just like scarce capital or
brual competition. Let's take a look: Read
Article
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The End of a
Tech Startup Journey: 6 Signs a Company is Failing
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Now here's a topic nobody writes about - and maybe
even fewer want to read about it! Who wants to even think about
failure! It's the antithesis of the entrepreneurial tech industry
spirity. I hesitated to write about it myself, but I decided that it is
too important to ignore.The facts are that the vast majority of
software and hardware startups will ultimately fail, and even among the
most successful entrepreneurs, failure will almost certainly occur
sometimes in their careers. Learning to recognize when the end is upon
you is a skill that can minimize the damage and may enable success in
the next project. Let's dive in and examine some of the common
warning signs: Read Article
Your feedback is always appreciated, wether you
utilize the comment fields or send a personal note. If you like
what you read, sharing this newsletter with your colleagues is
alwaysappreciated.
If you haven't joined already, check out
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Software
Industry Management
If you prefer Facebook over LinkedIn, we also
have a Software Industry Management Group on that platform as well:
https://www.facebook.com/groups/softwareindustrymanagement/
Please think of us for your consulting or interim
management needs. PJM Consulting offers a variety of customized
services that can improve the revenue and profitability growth of your
business, including but not limited to:
- Coaching/advice/mentoring
- Assistance with growth initiatives such as
a new division or M&A
- Creation of new marketing plans or
distribution strategies
- Provide Interim Senior Executives
Contact us using
the information at the bottom of this newsletter. Initial consultations
are always complementary!
President, PJM Consulting
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Services
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PJM Consulting offers
"on-demand" management consulting and interim services for
software & hardware companies (and their VC/PE
investors). Contact us for a free consultation: More
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Senior Management Consulting
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PJM can design a consulting
assignment to meet your specific needs. Whether it's coaching or
mentoring, a strategic review, forward business planning,
M&A or another critical need, we'd be happy to discuss how we can
help: More
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Product Management & Marketing
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We have special
expertise and experience in customer and market
facing activities. No matter whether its marketing
strategy, new product planning, entering new international markets,
or recruiting strategic partners, PJM Consulting can provide
customized assistance: More
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Distribution Channels
PJM Consulting
has many years experience in developing, growing and
restructuring multi-channel distribution networks. Whether you're
currently have a direct-only model and desire to explore a
partner network, have had a false start with a channel program
or just want a "best practices" review of a successful
program--PJM can help: More
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PJM provides interim managers
such as CEO/COO/Division Managers and
VP-Sales/Marketing/Business Development on a full-time or part-time
basis: More
SaaS management Consulting
Our firm has a specialty in the
management of SaaS-based businesses. Whether you need a strategic
review of your SaaS business, targeted consulting in a specific area
of the business or an interim C-Level manager to fill a short term
hole, we can help: More
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