Goal Setting

One of the great things about being an entrepreuner is that you get to be your own boss. Are you a tough enough boss? Vision and execution are key to your success. If you have the right vision, great. However, vision alone is not enough. Executing your vision in a timely manner is critical. So in addition to the everyday work and vision aspects of your job, make sure to carve out some time for goal setting. Better yet, find an advisor who can keep you accountable.

One of the value-adds that VC and angel investors provide is this "accountability" service. Translation, they will hold your feet to the fire in order that you succeed and their investment returns. Prior to receiving external funding, find a person you trust and respect to play this role. This advisor should help you set priorities. They should also help determine realistic, but aggressive milestoes in order that you add value to your venture. As Bob Dylan wisely wrote "You Gotta Serve Somebody".