Startup Professionals Musings

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

Startup Professionals Musings

Your offering should open new, large markets in ways that are tough for competitors to copy quickly. Intellectual property (IP). Great business model. Scalability. Show that your business can build the necessary products and services rapidly and achieve economies of scale with minimum capital and labor.

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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. Keep all IP details close to the vest. Project your costs as diligently as your revenues.

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Five Reasons for Setting Startup Strategy Early

Startup Professionals Musings

Your offering should open new, large markets in ways that are tough for competitors to copy quickly. Intellectual property (IP). Great business model. Scalability. Show that your business can build the necessary products and services rapidly and achieve economies of scale with minimum capital and labor.

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5 Strategies For Business Growth Many People Forget

Startup Professionals Musings

In this age of constant market evolution and new technology, there is no such thing as a static business that is self-sustaining. 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.

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Your New Venture IP Portfolio Sets Investment Value

Startup Professionals Musings

When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio. Select it well – marketers will tell you that you will be selling your name, more than your products.

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Can Your Startup Flourish Despite Business Chaos?

Startup Professionals Musings

Don’t count on your IP to save you. The only real solution is to conquer the chaos, while continually expanding your reach into the available market, and into the improvements in technology. There are always people around with deeper pockets that can find synergy between your space and theirs. Employees stop innovating.

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Great Entrepreneurs are Masters of Business Chaos

Startup Professionals Musings

Don’t count on your IP to save you. The only real solution is to conquer the chaos, while continually expanding your reach into the available market, and into the improvements in technology. There are always people around with deeper pockets that can find synergy between your space and theirs. Employees stop innovating.