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6 Ways To Improve Your Odds Of New Business Success

Startup Professionals Musings

I once met with an entrepreneur who had developed a new algae strain to cure world hunger and make him rich. Mergers and acquisitions also require new skills. You need the funding and support, but venture capitalists can be very demanding, and set high targets. Even non-profits need income to run a business.

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6 New Venture Ending Alternatives You May Contemplate

Startup Professionals Musings

Even still, in the context of all three points, I recommend that you evaluate the most common exit alternatives and considerations, and integrate the right one into your startup strategy and plan: M&A - merger or acquisition by another company. IPO – public company initial public stock offering.

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6 Strategies For Startup Exit That Investors Accept

Startup Professionals Musings

Even still, in the context of all three points, I recommend that you evaluate the most common exit alternatives and considerations, and integrate the right one into your startup strategy and plan: M&A - merger or acquisition by another company. IPO – public company initial public stock offering.

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10 Strategies For Success Long-Term As Well As Today

Startup Professionals Musings

Although his focus is naturally on bigger companies, I contend that his recommended strategies apply equally well to entrepreneurs and startups: Demand a mindset of deep thinking for the long term. These days, the market is moving so fast that it is rarely adequate to rely only on internal development to keep up with change.

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Should You Build Out Features Or Create A New Product?

YoungUpstarts

If you were looking for a lawyer to represent your company for a multimillion-dollar merger, what kind of lawyer would you want? Most of us would want to hire the most experienced, cutthroat lawyer specializing in multimillion-dollar mergers. The same rule applies to product and app development. A DUI lawyer? Didn’t think so.

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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

To be clear, I define a product specification as the technical definition of your product, to be used for development and testing purposes, with a quick business summary for context. Don’t let your passion convince you that word-of-mouth and viral marketing will suffice against well-funded competitors and ever more demanding customers.

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Four Skills You Need To Be Effective In Today?s Gig Economy

YoungUpstarts

The days of outsourcing your professional development and financial stability to an employer are quickly coming to a close. With constant downsizing, mergers, and business pivots, today’s workers must be able to create a stable income. Develop an understanding of the value of time as money. Financial Management. Sales Skills.

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