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7 Steps To A New Business From An Innovative Solution

Startup Professionals Musings

Defining the right business model requires the same diligence as designing the right product, but the approach and skills required are different. That’s why investors acknowledge that two co-founders are often better than one -- with one focusing on the technical solution, and the other focusing on defining and building the business model.

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7 Keys To Making A Business Out Of Your Great Product

Startup Professionals Musings

Defining the right business model requires the same diligence as designing the right product, but the approach and skills required are different. That’s why investors acknowledge that two co-founders are often better than one -- with one focusing on the technical solution, and the other focusing on defining and building the business model.

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Embrace technical debt

Startup Lessons Learned

But there is more to technical debt than just the interest payments that come due. In particular, try these three things: Invest in technical debts that may never come due. Yet there is one silver lining when it does happen: we wind up throwing out working code , debt-riddled and elegantly designed alike.

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15 Steps to Fundraising for Your New Venture Capital or Private Equity Fund

David Teten

The next best move is to build your core team, e.g., recruit an Advisory Board, Venture Partners, and EIRs. Yohei Nakajima, Founder of Untapped.vc , said, “Before pitching LPs and building my firm, I talked with over 50 people I knew to get feedback.” . Set up a Data Room, with a filled-out Due Diligence Questionnaire (“DDQ”).

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7 Steps For Establishing The Right Business Model

Startup Professionals Musings

Defining the right business model requires the same diligence as designing the right product, but the approach and skills required are different. That’s why investors acknowledge that two co-founders are often better than one -- with one focusing on the technical solution, and the other focusing on defining and building the business model.

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The Entrepreneur’s Essentials #15: The fallacy of risk in entrepreneurship

Austin Startup

I’m a very risk adverse entrepreneur as a result of bootstrapping my first three businesses, almost failing on the fourth (Coremetrics) due to market timing (I was too early and didn’t predict the dot-com bust) and its overcapitalization, and being a mostly customer funded and very capital efficient on the fifth (Bazaarvoice).

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The Entrepreneur’s Essentials #14: Selling to the “Cool Kids”

Austin Startup

data.world and our modern catalog for data and analysis is a new category of software, much like Bazaarvoice and Coremetrics created new categories before, and the brilliant book Play Bigger helped us find it. both in the “picks and shovels” space of digital retail with very compelling software solutions. make that fourteen years now).