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7 Risks Of Not Leveraging Team Member Data Analytics

Startup Professionals Musings

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Almost any startup can start with Excel, and move to open-source data analysis tools, including Python or RStudio.

Analytics 303
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9 Success Principles To Propel Your Next New Venture

Startup Professionals Musings

Every aspiring entrepreneur I know is talking about the fact that there are over 2,000 billionaires in the world today, and how their innovative idea could make them one of the next ones. Becoming an entrepreneur is actually a commitment to a new lifestyle, certainly very exciting, but also facing many unknowns and risks.

Merger 386
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8 Tactics To Make You A Fearless Business Innovator

Startup Professionals Musings

Every business owner and entrepreneur I meet in my consulting rounds dreams of finding that “ disruptive ” innovation that will supercharge their business and move it into the ranks of business unicorns (billion-dollar valuations), such as SpaceX and Apple. Be sure to hire and cultivate new talent with the right mindset.

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The Best Ways to Save Money as a New Startup

ReadWriteStart

Adopting a fully remote model means you’ll be able to hire people all over the world, greatly increasing your potential talent pool. Too many startup entrepreneurs get excited about the prospect of growing the business as quickly as possible, so they move to hire a full team of people immediately. Minimize the Team.

Startup 106
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Why You Need Tools And Analytics For Employee Metrics

Startup Professionals Musings

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Almost any startup can start with Excel, and move to open-source data analysis tools, including Python or RStudio.

Analytics 245
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How To Save Money In Business: 10 Tips For Young Entrepreneurs

YoungUpstarts

Small businesses and young entrepreneurs are in a difficult position in the market. Capital can be hard to come by when you’re a starting young entrepreneur. The internet has a ton of open-source software and other free services you can use for your business. Hire a professional. Buy Your Supplies in Bulk.

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5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

Now, with powerful high-level tools and open source software, winning smartphone apps can be built by a good hacker for a few thousand dollars. Most entrepreneurs realize and budget for the additional costs of incorporating a business, marketing, equipment costs, and manufacturing. Staffing and people-management costs.

Cost 264