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6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

In my experience, the key steps I look for always include the following: Testing the idea against customers who have money to spend. Build a credible business implementation plan to quantify costs. Prepare your marketing story for customers and investors. Even a non-profit needs income to operate.

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8 Errors To Avoid In Your First Minute With Investors

Startup Professionals Musings

As an aspiring entrepreneur, one of the most important things you need is a memorable “ elevator pitch ,” to communicate your startup value proposition and leave a great first impression on friends, investors, employees, and future customers. Lead with your best marketing pitch and conviction.

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6 Values And Priorities That Investors Will Relate To

Startup Professionals Musings

Young entrepreneurs often are so excited by new technology or their latest invention that they forget to translate it into a value proposition that their customers or potential investors can understand and relate to. Customer data integrity and security. Reduce litigation risks and support costs. Personal privacy protection.

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8 Common Elevator Pitch Blunders, and How to Fix Them

Startup Professionals Musings

Passionate entrepreneurs tend to talk on and on about their disruptive technology, their intent to change the world and free services, but if a business can’t provide quantifiable value to real customers, the dream will likely turn into a nightmare. Skip the sales pitch and avoid preaching. Build up for the punch line at the end.

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6 Keys To Translating Technology Into Business Value

Startup Professionals Musings

Young entrepreneurs often are so excited by new technology or their latest invention that they forget to translate it into a value proposition that their customers or potential investors can understand and relate to. Customer data integrity and security. Reduce litigation risks and support costs. Personal privacy protection.

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Startup Funding – A Comprehensive Guide for Entrepreneurs

ReadWriteStart

The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Any custom manufactured IoT device would require software development as well as hardware customization. Both of which are expensive and time-consuming.

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6 Low Costs Ways to Promote Your Business

Women Entrepreneurs Can

Small businesses have never had more access to cost-effective, trackable marketing tools than they have now, despite the fact that traditional advertising approaches are expensive and difficult to monitor. Make a Short Elevator Pitch. As a result, you’ll need a strong elevator pitch. Collaborate.