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6 Aspects Of Your Story That Will Make You Memorable

Startup Professionals Musings

The biggest challenge for every entrepreneur and every startup today is to get noticed and remembered in today’s information overload. Every one of these probably has a unique story, but in my years as a startup advisor I only remember hearing a few who capitalized on their story. Every story needs a main character.

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8 Keys To That First Investment From People You Know

Startup Professionals Musings

If you set around quietly waiting for someone you know to offer you money to fund a startup, you will probably have a long wait. Practice your “elevator pitch,” and end it by asking for the order. Be honest with naïve family members and friends about the inherent risks of a startup – at least 70% fail in the first five years.

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8 Keys To Business Success For Entrepreneur Introverts

Startup Professionals Musings

You need to build business relationships with partners, team members, investors, and of course customers. This message, usually called your elevator pitch, should be a short and compelling description of your your startup, that can be delivered with conviction in the time it takes to ride up an elevator with a potential investor or partner.

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7 Attributes of An Entrepreneur's Startup Dream Team

Startup Professionals Musings

Building a startup business is not the same as corporate executive experience, so prior titles in a big business may actually be seen as a negative. On the other hand, having failed in an earlier startup may be an advantage, if positioned properly, and some learning is evident. Focus on prior results, not titles.

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8 Guidelines For Friends And Family Startup Funding

Startup Professionals Musings

If you set around quietly waiting for someone you know to offer you money to fund a startup, you will probably have a long wait. Practice your “elevator pitch,” and end it by asking for the order. Be honest with naïve family members and friends about the inherent risks of a startup – at least 70% fail in the first five years.

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6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

Based on my experience and data from the field, over seventy-five percent of new startups fail, even with venture backing. Unfortunately, I see good startups fail simply because they don’t have the resources or intellectual property to stay ahead of copycats or big players who see the potential as soon as you step into the marketplace.

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Will Your Startup Get Venture Capital or IPO in 2013?

Startup Professionals Musings

Based on the final report for 2012 from Thomson Reuters and the National Venture Capital Association (NVCA), it may appear that IPOs are back as a viable startup exit strategy. The market and venture capitalists are looking for business, but with a continuing focus on proven business models.