How Non-Traditional Partners Can Win Together

In essence, the distrust that must be overcome in business partnerships involving large companies and startups consists of Will they screw up? versus Will they screw us over? In other words, large companies inevitably harbor concerns about the competency and reliability of their startup partners. In turn, entrepreneurs rightly worry that they will be taken advantage of, with their I.P. being co-opted or outright stolen. To establish trust rather than fear isn’t easy, as Dr. Prashantham acknowledges in this episode. Distrust can only be resolved by establishing how the partnership is a true win-win. At the same time, the person at the “bridge” on the corporation’s side must be at once an advocate, a diplomat, and mentor, spanning boundaries within the corporation to bring multiple business units on-board to ensure the collaboration can succeed. All this and more gets covered in this episode, which concludes by exploring how the answer to the question, “What’s the next China?” may actually be China outside of its largest, showcase cities.

Released today: episode #93 of my podcast series “Dan Hill’s EQ Spotlight,” featuring Shameen Prashantham discussing Gorillas Can Dance: Lessons from Microsoft and Other Corporations on Partnering with Startups. Click on https://newbooksnetwork.com/category/special-series/dan-hills-eq-spotlight to get to the new episode.

Images of Author Shameen Prashantham and his new book titled "Gorillas Can Dance: Lessons From Microsoft and Other Corporations on Partnering with Startups" for Dan Hill's EQ Spotlight Podcast episode 93. Available on "NewBooks Network."

Dr. Shameen Prasantham is Professor of International Business & Strategy and Associate Dean (MBA) at China Europe International Business School (CEIBS) in Shanghai, China. His academic specialty is business partnerships that contribute to sustainable development goals.

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Dan Hill, PhD, is the president of Sensory Logic, Inc. His latest books, available on Amazon are Emotionomics 2.0: The Emotional Dynamics Underlying Key Business Goals and Blah, Blah, Blah: A Snarky Guide to Office Lingo.

Thriving as a Sensitive Entrepreneur

Sick of the frequent images of entrepreneurs as machismo, take-no-prisoner, Rambo-like action figures? Look no farther than this episode, in which Christine Kane admits that conquering bulimia was the test that gave her the fortitude to first enter the music industry on her own terms, and then help thousands of (often female) fans become entrepreneurs themselves. The key to Kane’s approach is acknowledging that the soul part of business is ultimately more important than focusing on strategy because, as an entrepreneur, your values inform your value proposition and how it gets enacted.

Maybe it’s because Kane has been a musician herself that I find her story connecting to a part of how I spent my Thanksgiving weekend: watching the Beatles’ documentary Get Back. In it the “quiet” Beatle, George Harrison, has a hard time getting Paul McCartney to show him respect. Two suggestions to add his song “All Things Must Pass” to the repertoire draw no acknowledgment, let alone endorsement from McCartney—even though that song and “Let It Be” are thematically of a piece. Even worse from Harrison’s perspective, McCartney all but dismisses the Harrison-inspired visit the band made to India, causing Harrison to visibly wince. How fitting that at the end of Part 1 of the 3-part series, Harrison’s “Isn’t It a Pity” (how we cause each other pain) plays as the credits roll.

Released today: episode #81 of my podcast series “Dan Hill’s EQ Spotlight,” featuring Christine Kane discussing The Soul Sourced Entrepreneur: An Unconventional Success Plan for the Highly Creative, Secretly Sensitive & Wildly Ambitious. Click on https://newbooksnetwork.com/category/special-series/dan-hills-eq-spotlight to get to the new episode.

Christine Kane is the founder of Uplevel You, a multimillion-dollar business coaching company, which evolved from her 15-year career as a touring singer-songwriter with her own record label. Both businesses were built without any investors.

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Dan Hill, PhD, is the president of Sensory Logic, Inc. His latest books, available on Amazon are Emotionomics 2.0: The Emotional Dynamics Underlying Key Business Goals and Blah, Blah, Blah: A Snarky Guide to Office Lingo.

I Disagree: The Value of Rebellion

Imagine finding yourself working in the sponsorship arena because it’s the way to get a visa and stay in England. Well, that’s exactly what happened to Jackie Fast. Fortunately, she happens to have been very good at that kind of work. Within a few years, Fast’s ability to put brands together as co-sponsors for a variety of brands meant she was spending time, for instance, doing work for Richard Branson on an island he owns in the Caribbean! Not bad work if you can get it. From the vantage point of her highly successful, entrepreneurial career, what strikes Ms. Fast is how fast the world is changing. Few if any older executives will manage the transition, she believes, to a world where the internet has democratized big business and where Millennials and Gen Z-ers favor a values-based approach that puts enjoyable and meaningful work front and center.

Released today: episode #75 of my podcast series “Dan Hill’s EQ Spotlight,” featuring Jackie Fast discussing Rule Breaker: Rebellious Leadership for the Future of Work. Click on https://newbooksnetwork.com/category/special-series/dan-hills-eq-spotlight to get to the new episode.

Images of Author Jackie Fast and her new book "Rule Breaker: Rebellious Leadership for the Future of Work" for Dan Hill's EQ Spotlight podcast, episode 75 "I Disagree: The Value of Rebellion"

Jackie Fast is the founder of the venture capital firm Sandbox Studios, which invests in celebrity-owned brands and has worked with The Rolling Stones, Red Bull, Zoom, Formula One, Virgin, Allianz and Universal Music among others.

Image of NewBooks Network logo and Dan HIll's EQ Spotlight podcast logo

Dan Hill, PhD, is the president of Sensory Logic, Inc. His latest books, available on Amazon are Emotionomics 2.0: The Emotional Dynamics Underlying Key Business Goals and Blah, Blah, Blah: A Snarky Guide to Office Lingo.

Getting Some Love (and Money, Too)

Image with the Question: What number of powerpoint slides should entrepreneurs use in pitching their start-up company to venture capitalists? The choices are 5 slides, 15 slides or 25 slides. What’s your guess?

The correct answer to this week’s quiz is 15 slides, following the title slide. That number comes courtesy of Debi Kleiman, who’s seen it all; she’s witnessed over 1,000 pitches by the entrepreneurs of start-up companies based on her own business world experiences. Having been the Executive Director of the center for entrepreneurship at Babson College, the nation’s #1 school for entrepreneurship, Kleiman developed a pitch deck formula she calls the 4-H Framework: Headline, Heart, Head and Hope. A good pitch hits all four bases, and the pitch might be a home run if delivered well. Sadly, the odds don’t favor females, who receive a measly 2% of all venture funding despite owning 38% of all the businesses in America. No wonder Silicon Valley has also been called the Uncanny Valley, a reference to what it feels like to have to interact with uncaring robots!

Released today: episode #59 of my podcast series “Dan Hill’s EQ Spotlight,” featuring Kleiman discussing her book First Pitch. Click on https://newbooksnetwork.com/category/special-series/dan-hills-eq-spotlight to get to the new episode. 

Debi Kleiman is now the managing partner of The Upside Angels, investing in early-stage startups and providing strategic advisory services to founders. After her BS from Cornell University and her MBA from Harvard University, worked at Coca-Cola, Welch’s, Procter & Gamble, and Babson College before launching her own firm.

Dan Hill, PhD, is the president of Sensory Logic, Inc. His latest books, available on Amazon are Emotionomics 2.0: The Emotional Dynamics Underlying Key Business Goals and Blah, Blah, Blah: A Snarky Guide to Office Lingo.