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Business Lessons Often Ignored In The Heat Of Passion

Startup Professionals Musings

Based on my experience, creating a new business is at least as difficult as creating an innovative solution, and it takes a knowledge of finance, operations, customers and the marketplace. For example, the personal motorized scooter Segway was announced as disruptive technology way back in 2002, but is still not a successful business.

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How much does it cost to build the world’s hottest startups?

The Next Web

Here are their breakdowns of the costs and time investments to create 10 of the world’s hottest startups. This means — assuming you already have a laptop — the cost is almost nothing to build the next Twitter. Based on its early rounds, a minimum viable product for Uber cost about $1 to $1.5 1) Twitter. million to develop.”.

Cost 168
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Entrepreneurs: Don’t Make This Costly Financial Planning Mistake

YoungUpstarts

It documents where assets are held, as well as your legal entities and how they operate. If someone needed to operate or wind down your household, it contains important contact information, log-ins, and passwords, household account and subscription information, and more. Financial scrapbooking can be a fun and valuable exercise.

Cost 160
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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

I know that most people who are close to them tend to deny their existence, as we saw in the great housing bubble of 2002-2007 and the dot com bubble of 1997-2000. That happened a lot in 2002 and again in 2008. I believe a bubble occurs when a market is willing to pay greater than intrinsic value for an asset class. Have a cushion.

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Marketing and Growth Lessons for Uncertain Times

ConversionXL

In 2002, McKinsey published a study of 1,000 U.S. Yet in expansionary periods, successful leaders spent significantly less on [selling, general, and administrative costs] than did their former peers. A focus on cost cutting—every decision is viewed through a loss-minimization lens. What the big studies have shown. Promotion.

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Yahoo! vs Facebook: Lame Lawsuit, Good Timing ? AGILEVC

Agile VC

While it was still a college-focused SNS, Facebook of course launched in 2004 and there were plenty of other examples of social networking already… Friendster (2002), LinkedIn (2003), MySpace (2003), Orkut (2004). It is more remarkable for a large, well-known company that’s an actual operating business like Yahoo!

IP 100
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5 Steps To Strategy Tuning Through Machine Learning

Startup Professionals Musings

They think they are saving costs by not using the latest technology to capture data, and minimizing storage. In the bike rental business, all operations and rental decisions are made completely by software, with no human intervention. This is a new class of software that can adapt in real time to market changes.