article thumbnail

10 Keys To Real Innovation In Your Next New Business

Startup Professionals Musings

The most common proposals I hear are for yet another social networking site ( 200 on Wikipedia ), or another dating site/app ( over 1500 in the USA ). Net result and reward. As a startup advisor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. Reward your people.

article thumbnail

Is The Quest For “Software Margins” To Blame For Twitter’s Trolls, Facebook’s Russians and YouTube’s Fake News?

Hunter Walker

The resulting impact is very profitable, fast-growing success stories with high gross and net margins. Dismissing a company as “nice but doesn’t have software margins’ is the “yeah, nice personality I guess” of venture investing. Photo by Bill Jelen on Unsplash.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How And Where To Connect To The Entrepreneur Universe

Startup Professionals Musings

The answer is still the same, but I have learned over the years that there is an etiquette to this process, just like there is for social networking. If you can meet the SEC “accredited investor” criteria ($1M net worth or $200K annual income), this is a great way to be seen by potential investors as peers before you need money.

article thumbnail

‘Do-It-Yourself’ Startups Have Never Been Easier

Startup Professionals Musings

Don’t expect that you can create a new social networking site in your garage, and steal all the users away from Facebook. Then there are full-featured software sites like Facebook. The logic behind all these features is millions of lines of code, and cost millions of dollars to develop and maintain.

Startup 252
article thumbnail

10 Steps To A New Venture That Can Change The World

Startup Professionals Musings

The most common proposals I hear are for yet another social networking site ( 200 on Wikipedia ), or another dating site/app ( over 1500 in the USA ). Net result and reward. As a startup advisor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. Reward your people.

article thumbnail

5 Easy Steps to Your Own E-Commerce Startup for $100

Startup Professionals Musings

Don’t expect that you can create a new social networking site in your garage, and steal all the users away from Facebook. Then there are full-featured software sites like Facebook. The logic behind all these features is millions of lines of code, and cost millions of dollars to develop and maintain.

Hosting 248
article thumbnail

Kick-Start Your eCommerce Business for $100 or Less

Startup Professionals Musings

Don’t expect that you can create a new social networking site in your garage, and steal all the users away from Facebook. Then there are full-featured software sites like Facebook. The logic behind all these features is millions of lines of code, and cost millions of dollars to develop and maintain.

eCommerce 196