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Technical Product Elegance is Not a Business Model

Startup Professionals Musings

Many entrepreneurs work hard on the proof of concept (technical), but skip any proof of the business model (revenue flow). Proving the business model requires a different approach than proving the technical concept. So how do you go about proving the business model? Prove the technical concept.

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Entrepreneurs Need Focus on Their Business Model

Startup Professionals Musings

Many entrepreneurs work hard on the proof of concept (technical), but skip any proof of the business model (revenue flow). Proving the business model requires a different approach than proving the technical concept. So how do you go about proving the business model? Prove the technical concept.

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How To Build A Sustainable Small Business

YoungUpstarts

This can be the same for business models that have worked for decades. Recently, McDonalds shifted from plastic straws to paper straws after a twitter campaign went viral on how they use 1.8 But, if it does not go well with the customers, it’s a flop. Accept it and move on. If it doesn’t work anymore, change it.

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Some Startups Forget to Validate a Business Model

Startup Professionals Musings

Many entrepreneurs work hard on the proof of concept (technical), but skip any proof of the business model (revenue flow). Proving the business model requires a different approach than proving the technical concept. So how do you go about proving the business model? Prove the technical concept.

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5 Key Recovery Strategies Counter Economic Downturns

Startup Professionals Musings

Driven by the current pandemic, smart entrepreneurs of all ages are jumping into the fray with new ideas, new recovery strategies, and discarding outmoded business models. It's far less expensive to nail down repeat business from your existing customers than it is to land new ones. Examine every cost center in your business.

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30 Entrepreneurs Reveal Their Favorite Disruptors

Hearpreneur

Their marketing campaign has been quite strong and, while many features are the same, it offers a competitor, which makes both platforms better because of how hard they must work to stay on top. It led the way to a new kind of business model and changed the game. campaigns with my CallScaler solution. 5- Airbnb.

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How to create a sustainable social media strategy for your startup

The Next Web

As a startup, you’re working with limited resources and a lean business model. With an innovative product in the consumer payment space, the company had viral-ready content. Take good care of them, and organic, viral sharing may welcome your product to the marketplace. Prioritize social networks. Target influencers.