Startup Professionals Musings

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7 Lessons They Don’t Teach You In Crowdfunding School

Startup Professionals Musings

In addition to funding, the good news is that all of these provide aspiring entrepreneurs with an opportunity to perfect their marketing pitch, get some valuable target customer feedback and improve visibility to other funding sources. While all this is definitely a boon to entrepreneurs, it does come with its own set of challenges.

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Great Entrepreneurs are Masters of Business Chaos

Startup Professionals Musings

I “second the message” that chaos never subsides, from a couple of successful entrepreneurs, Clate Mask and Scott Martineau, in their book “ Conquer the Chaos.” Don’t count on your IP to save you. Even great entrepreneurs are amazed at how fast this can lead to a non-recoverable situation. Employees stop innovating.

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Five Reasons for Setting Startup Strategy Early

Startup Professionals Musings

Intellectual property (IP). Tags: strategy entrepreneur startups business. Scalability. Show that your business can build the necessary products and services rapidly and achieve economies of scale with minimum capital and labor. Your business strategy starts with your value proposition and core competency. Now it’s your move.

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Startups Need the ‘Why’ Before the ‘What’ to Build

Startup Professionals Musings

Intellectual property (IP). Scalability. Show that your business can build the necessary products and services rapidly and achieve economies of scale with minimum capital and labor. Patent protection is no guarantee, but it does improve the chances of building businesses that have a sustainable competitive advantage.

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Entrepreneurs Who Fear Chaos Risk An Early Demise

Startup Professionals Musings

I second the message that chaos never subsides, from a couple of successful entrepreneurs, Clate Mask and Scott Martineau, in their book “ Conquer the Chaos.” Don’t count on your IP to save you. Even great entrepreneurs are amazed at how fast this can lead to a non-recoverable situation. Employees stop innovating.

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5 Strategies For Business Growth Many People Forget

Startup Professionals Musings

For example, Facebook added WhatsApp as a cross-platform messaging and Voice over IP (VoIP) service to enhance the self-sustaining growth their social media platform before any downturn. Rather than rely only on linear thinking, the best entrepreneurs are always looking to offer in parallel a more dramatic new alternative.

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‘Dear Abby’ Style Advice to Real Entrepreneurs

Startup Professionals Musings

I always love to get questions from my readers, and I answer them all, but sometimes I feel like the “Dear Abby’ for entrepreneurs. I would like my sweat equity and existing IP to be the risk that I incur without also risking an asset that could easily represent the majority of my total assets. If we help each other, then we all win.