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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Join a startup incubator. It always reduces risk to plan your business first.

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6 Startup Lessons Learned By Passionate Entrepreneurs

Startup Professionals Musings

I believe in the “ 10,000 hour rule ,” which postulates that the best entrepreneurs put in more hours of relevant work on an idea and starting a business than the rest of us, counting all efforts and restarts. Success requires a great amount of hard work. Your time is precious, so don’t waste a minute of it on useless activities or dreaming.

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10 Attributes Of The Perfect Partner For Your Startup

Startup Professionals Musings

Beyond the core team of two or three startup partners, every startup should seek to “outsource” the rest of their strategic requirements to external business partners. Thus you should do the same or more due diligence on educational background, previous work, and references.

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Ways To Make Your Startup Stand Out From The Rest

YoungUpstarts

Here’s how you can make your startup stand out from the rest of the crowd. This is the best opportunity a young startup has to set themselves apart from the crowd. Network With Other Startups. As a startup, it is wise to focus your networking on other startups. Have a Clear Ethos and Message.

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Innovation, Change and the Rest of Your Life

Steve Blank

I’ve spent my life in innovation, eight startups in 21 years, and the last 15 years in academia teaching it. the wave of semiconductor startups in the 1960’s/70’s, the emergence of Venture Capital as a professional industry, the personal computer revolution in 1980’s, the rise of the Internet in the 1990’s and finally.

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5 Key Steps For Launching A Successful Startup Today

Startup Professionals Musings

Perhaps sparked by the recent pandemic, I’m seeing a new era of the entrepreneur, with startups springing up all around. The real question is whether problem solving is a skill you have to be born with, or is there any hope for the rest of us to become successful entrepreneurs.

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6 Key Leaders Every Technical Startup Needs To Thrive

Startup Professionals Musings

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. You need to have a technical genius on the team to get your startup product off the ground. Outsourcing your core competency does not work.