article thumbnail

Innovation, Change and the Rest of Your Life

Steve Blank

Continuous innovation requires the imagination and courage to challenge the initial hypotheses of your current business model (channel, cost, customers, products, supply chain, etc.) Until then investors and entrepreneurs acted like startups were simply smaller versions of large companies. The founders.

Restful 235
article thumbnail

10 Manageable Risks That An Entrepreneur Should Take

Startup Professionals Musings

Entrepreneurs see “no risk” as meaning “no reward.” There are no guarantees in business, but it pays to learn from the experiences of entrepreneurs and business experts who have gone before you. Implement a modern real business model. Measurements and business intelligence along the way also mitigate risk.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

article thumbnail

10 Entrepreneur Alternatives To Investor Funding

Startup Professionals Musings

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

article thumbnail

10 Strategies To Avoid Bad Risks In Your New Venture

Startup Professionals Musings

Entrepreneurs see “no risk” as meaning “no reward.” There are no guarantees in business, but it pays to learn from the experiences of entrepreneurs and business experts who have gone before you. Implement a modern real business model. Measurements and business intelligence along the way also mitigate risk.

Forecast 304
article thumbnail

12 Entrepreneurs Discuss The Entrepreneurs That Best Represents Innovation and Disruption

Hearpreneur

In the competitive business world, you have to innovate ideas on how your business should run. Different entrepreneurs take on diverse approaches to implement innovative ideas in their businesses and some emerge to be successful. He is also the most engaged business leader on Facebook in Africa. 1- Strive Masiyiwa.

article thumbnail

Turning Passion into a Business Model

The Entrepreneurial Mind

Many people are driven into entrepreneurship based on a desire to share a deeply held passion they have with the rest of the world. Starting with your passion rather than with a compelling market need inherently increases the risk of your […] The post Turning Passion into a Business Model first appeared on Dr Jeff Cornwall.