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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

Many startup businesses – tech or otherwise – fail. Trying outrageous new things or even trying mundane things but in new ways but with extreme quality & innovation is what fuels the tech startup industry. But today I want to give you advice on how to decrease your odds of failure in a startup.

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Should Startups Focus on Profitability or Not?

Both Sides of the Table

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. One of them is profitability.

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How to find funding for your hardware startup while we’re waiting for the hardware revolution

Version One Ventures

Despite the recent media buzz surrounding the hardware revolution and emerging maker space, the overwhelming majority of hardware startups have a hard time attracting financing today. Hardware requires time, money, and inventory. De-risk your startup as much as possible. Following an iterative manufacturing process.

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The Legal Side of Entrepreneurship

YoungUpstarts

Craig Schmitz, a partner in the Technology Companies Group at law firm Godwin Proctor LLP who works on corporate, governance, board and fundraising issues, and Erika Fisher, an associate in the firm’s Business Law Department who deals with IP, fielded questions about the legal issues startups face. ” The Cost of Financing.

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6 Tips for Coming Up With Your Million-Dollar Business Idea

Up and Running

I stole the ideas for my first startups from other people. In the early 1990s, my brother was working for a company that was going through the roof selling shareware software via catalog. What I’m saying is, I’m wholly unqualified to offer startup advice. reviews, reputation, Yelp!, In the end, the review?

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Choose Your VC Investor Carefully

Both Sides of the Table

This is part of my ongoing series Startup Advice. Either you’re not a good leader and he shouldn’t be investing at all, or he has no clue what it takes to build a startup.&#. Many years ago I worked at Andersen Consulting, originally developing software for large corporations and then as a strategy consultant.

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Instead of sticking a fork in the venture market, realize. there is no fork

This is going to be BIG.

How would they know unless they surveyed a critical mass of startups all at the same stage now and then three years ago or so to compare? David's firm most recently participated in the $77 million second round financing of SoFi, a one year old startup focusing on student loans. The tablet market has absolutely exploded.