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Coaching-Zone

What all successful Startups should know

10.07.2018 Formation, Lifehacks

Advice against stress? “Put that shit on paper”

Founding a startup is undoubtedly an exciting experience. But long working hours, a high degree of uncertainty and seemingly endless to-do lists tend to be stressful. What is stress and how does the body react to it? How can stress symptoms be reduced?

15.05.2018 Cofounding, Lifehacks

How to Handle Disagreements within Your Team

“It is unrealistic to expect that during your business partnership your team will not encounter disagreements and conflict”, says Jana Nevrlka, cofounding expert, author of the book “Cofounding the Right Way” and start-up mentor at F10 FinTech Incubator & Accelerator. But conflicts are not necessarily a bad thing: “It brings an opportunity to surface underlying tension, improve understanding and self-knowledge and – if done well – increase the team’s cohesion”, states Jana.

07.05.2018 Lifehacks

The 5 Biggest Networking Mistakes

In almost every handbook on how to develop and promote businesses, the importance of networking is emphasied and a Google search with the keywords “business networking” produces almost 550 million results as of May 2018. Networking is a valuable way to learn from other professionals, industry experts and scholars, generate referrals and business, raise your profile and increase confidence. However, there are some traps when doing business networking. Below are the five biggest networking mistakes and tips on how to avoid them.

27.04.2018 Cofounding, Lifehacks

Equity Split: A Conversation You Need to Have with Your Cofounders

“Selecting the right equity split is a life or death question – no kidding”, says Jana Nevrlka, author of the book “Cofounding the Right Way” and cofounding expert at F10. The example of Facebook – amongst many others – shows that the share of equity every cofounder holds is an essential element to get right.

12.04.2018 Formation, Lifehacks

Why Competition Should Be Irrelevant – the Blue Ocean Strategy

Many entrepreneurs believe that the way to long-term success is to outperform or outpace their competitors and are therefore constantly observing the other market players: Have the rivals lowered their prices? Which product improvements will distinguish their new flag ship from competitors’ offers? Companies following that scheme find themselves in a so-called red ocean - the opposite of blue oceans where new demand and market space are created.

27.10.2017 Lifehacks

What Makes a Pitch a Great Pitch?

At one point or the other, every startup will present their idea, product, or service in front of a big audience. The ability to present is one that you can learn, if you feel rather uncomfortable on stage. But where to start? How do you prepare an excellent pitch? We gathered a few practical insights for you to keep in mind. 

02.10.2017 Lifehacks

5 Skills Every Successful Team Needs

There are number of reasons why startups fail, like; not enough funding, poor product, bad timing, no customers, too much competition, lack of focus, lack of passion, bad location, not profitable, burn out or legal issues.

26.06.2017 Lifehacks

The team is the essential component of startups for success

Why do startups fail who started off with the promising combination of a great idea, a sound business model, and adequate financial resources? Because the starting point was not complete: they lacked the right founding team. A strong team at the onset shapes the direction and development of a new venture considerably – which often decides on the fate of the startup.