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Artificial Intelligence and Machine Learning– Explained

Steve Blank

Your job is to explain the impact computers will have on business, defense and society to people who are using manual calculators and slide rules. You succeed in convincing one company and a government to adopt computers and learn to code much faster than their competitors /adversaries. They’d steamroll everyone. But What Is It?

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6 Startup Lessons Learned By Passionate Entrepreneurs

Startup Professionals Musings

Over my many years of mentoring aspiring entrepreneurs and business professionals, I often hear a desire to start a new business, with a big hesitation while waiting for that perfect idea and perfect alignment of the stars. Just look for your advantage and passion, and put together a great plan to win.

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5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

If your runway is less than a year, it’s time to either begin looking for a new cash infusion or defining and implementing a Plan B to assure survival. A big influx of orders may feel like success, but can kill your business if you don’t have the cash to produce, deliver and wait for payment. They understand startup realities.

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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

According to a well-researched Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. 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.

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7 Goodwill Factors Will Raise Your Business Valuation

Startup Professionals Musings

The same goes for business deals that fail during acquisitions or when it is time for you to retire. Quality of your technical and business teams. No matter how great your solution, or your own image, it takes a strong team to run a business. Make sure they have the tools to support them. Brand recognition was the key.

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5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

Unfortunately, even today, building a good product doesn’t guarantee you a business. Most entrepreneurs realize and budget for the additional costs of incorporating a business, marketing, equipment costs, and manufacturing. Subscription software and computer hardware. Obviously, the more detailed your business plan, the better.

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10 Tips For A New Venture To Survive The Early Years

Startup Professionals Musings

According to my experience and this Motley Fool article from a few years ago, the challenge is very real, with around half of all new businesses no longer existing after five years. Leave the world of new computer chips and new drugs to the big companies, and people with deep pockets. It always reduces risk to plan your business first.