Remove Early Stage Remove Entrepreneur Remove Hiring Remove Product Development
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Startup Sales – Why Hiring Seasoned Reps May Not Work

Both Sides of the Table

Even if you don’t have “direct&# sales I would tell you that “everything is a sale&# including fund raising, hiring, getting press and doing business development. One of the biggest mistakes I see early-stage startups making is hiring “seasoned&# sales professionals or hiring people too senior, too early.

Hiring 346
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Extremely Valuable Tips for Creating a Financial Forecast During the Early Stages of an Entrepreneurial Journey

Up and Running

Creating financial forecasts and budgets are not typically how many entrepreneurs envision spending their time, but these tools are incredibly necessary. Things like product development, materials and packaging, performance-based bonuses, and more. Many entrepreneurs also start out with little, if any, business experience.

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Vulture Capital: Why Early Stage VC Could Kill Your Startup

The Startup Magazine

While the rewards may be a boon to their company in the short term, the consequences of accepting outside funding too early can be debilitating. There’s a reason why I refer to early-stage VC funding as vulture capital, and to be honest it’s pretty accurate. Focus on Product Development First.

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How to Survive Four Common Worst Case Scenarios

Startup Professionals Musings

The challenges stem from the simple fact that every entrepreneur is starting something new, where things are predictably unpredictable. There are unknowns at every turn, leading product development, attracting customers, managing cash, and dealing with human resources and office politics. Too slow or too fast to change.

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10 Steps To Second Stage Success For Your New Venture

Startup Professionals Musings

Early-stage entrepreneurs rightly keep their focus on creating an innovative product or service. After celebrating success at that level, they often find themselves ill-prepared to move to the next stage, for scaling their business into a high-performing enterprise. Hire more help than helpers.

Mezzanine 368
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Why More Funding Won’t Magically Fix Your Startup

Mucker Lab

Some entrepreneurs think that (more) money will solve all their company’s problems. Like a teenager with a million-dollar allowance and an identity crisis, a startup with too much capital and no product-market fit will become capable of making larger mistakes. Hire the wrong people. Be trigger shy about hiring.

Startup 78
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Four Major Startup Stages That You Should Know About

YoungUpstarts

These people exist and they are called ‘Serial entrepreneurs.’. Serial entrepreneurs are those who understand the complete concept of a startup lifecycle and benefit from that. They make money by starting a product from scratch and then selling it in thousands of dollars. Early Stage. Product development.

Startup 113