Startup Professionals Musings

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For Many New Ventures, Location Is The Key To Success

Startup Professionals Musings

Wessel measures a 39% acquisition advantage to being in-state. Tech companies see engineers move frequently, integrate their products tightly, and often find themselves acquiring or merging with counterparts. That extra two months spent traveling to fundraise is two months falling behind. It decreases your odds of being bought.

Las Vegas 309
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When Planning A Startup, A Top Priority Is Location

Startup Professionals Musings

Wessel measures a 39% acquisition advantage to being in-state. Tech companies see engineers move frequently, integrate their products tightly, and often find themselves acquiring or merging with counterparts. That extra two months spent traveling to fundraise is two months falling behind. It decreases your odds of being bought.

Las Vegas 243
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6 Growth Challenges That Every Good Startup Will Face

Startup Professionals Musings

Customer acquisition gets harder and more expensive. Scrappy guerilla marketing based on personal contacts and word-of-mouth campaigns gives way to more expensive customer acquisition using advertising, trade shows, and a marketing agency. In the early days, your product engineers could handle customer support.

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7 Keys To Strategic Partnerships That Profit Everyone

Startup Professionals Musings

The information exchange from day-to-day interactions of engineers and marketers will drive you enhance your own processes to be more competitive. Let market response dictate a later split, merger, or acquisition. Longer term, when ready, it may be time for merger or acquisition. Expand core competency and solidify strengths.

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6 Reasons Your Hockey Stick Growth Curve Can Go Flat

Startup Professionals Musings

Customer acquisition gets harder and more expensive. Scrappy guerilla marketing based on personal contacts and word-of-mouth campaigns gives way to more expensive customer acquisition using advertising, trade shows, and a marketing agency. In the early days, your product engineers could handle customer support.

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4 Key Questions To Identify Your Ideal Startup Site

Startup Professionals Musings

Wessel measures a 39% acquisition advantage to being in-state. Tech companies see engineers move frequently, integrate their products tightly, and often find themselves acquiring or merging with counterparts. That extra two months spent traveling to fundraise is two months falling behind. It decreases your odds of being bought.

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Startup Location Is Still A Critical Success Factor

Startup Professionals Musings

Wessel measures a 39% acquisition advantage to being in-state. Tech companies see engineers move frequently, integrate their products tightly, and often find themselves acquiring or merging with counterparts. That extra two months spent traveling to fundraise is two months falling behind. It decreases your odds of being bought.