Startup Professionals Musings

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6 Reasons To Disclose Your Startup Idea Before Commit

Startup Professionals Musings

I still hear too many excuses for not working early on the elevator pitch, like wanting to fly under the radar, don’t have the team together yet, or can’t afford an agency. Highlight the problem and your concerns in industry blogs, speaking in public forums, and making yourself visible on social media and networking opportunities.

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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

Be sure to include this in your “elevator pitch,” which you must always deliver as a prelude to your technology features. Set specific targets on the sales channels and marketing initiatives you need, including the use of social media, brand building, franchising, trade shows, affiliates, and distributors.

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6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

I suggest you use social media, blogging, crowdfunding, or documented research to quantify a real demand from people who can afford it, and don’t have a better alternative already out there. Start by developing an “elevator pitch,” that you can deliver in thirty seconds to hook a potential customer or investor.

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6 Tips To Market Your Idea Before Building A Solution

Startup Professionals Musings

I still hear too many excuses for not working early on the elevator pitch, like wanting to fly under the radar, don’t have the team together yet, or can’t afford an agency. Highlight the problem and your concerns in industry blogs, speaking in public forums, and making yourself visible on social media and networking opportunities.

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How To Pick Your Focus For Your Next Business Venture

Startup Professionals Musings

Highly saturated domains (more than 10 existing players), such as niche social media sites, are highly risky. Make it ready to play in all media. Professional investors normally like to invest only in billion dollar opportunities, with double-digit growth rates. Are you uniquely qualified to deliver the solution?

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4 Key Questions To Size The Potential Of Your Startup

Startup Professionals Musings

Highly saturated domains (more than 10 existing players), such as niche social media sites, are highly risky. Make it ready to play in all media. Professional investors normally like to invest only in billion dollar opportunities, with double-digit growth rates. Are you uniquely qualified to deliver the solution?

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6 Tips On Positioning Your Needs For Investor Funding

Startup Professionals Musings

A valid milestone might be closing a specific big-name customer or channel, such as Walmart, or it might mean getting your first 100,000 social-media followers, by a given target date. Tie use of funds to real traction milestones. Building a huge inventory before you have a confirmed customer is not a convincing strategy.