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10 Keys To Enabling Your Startup For Unicorn Growth

Startup Professionals Musings

Investors will tell you that they love to put money into startups that are scalable, and ready to become the next unicorn. Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Investors don’t invest in services startups. But what does that really mean?

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10 Tips To Ensure That Your New Venture Is Investable

Startup Professionals Musings

Investors will tell you that they love to put money into startups that are scalable, and ready to become the next unicorn. Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Investors don’t invest in services startups. But what does that really mean?

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Paranoid Companies Miss the Best New Opportunities

Startup Professionals Musings

Your goal is “ coopetition ” - to find a way to partner with your competitor in such a way that both parties can substantially benefit from the other's resources - without stealing customers or damaging anyone's credibility. In the following quarter, we jointly signed up two new customers who loved our “end to end” integrated solution.

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Too Many Small Businesses Still Ignore Social Media

Startup Professionals Musings

It seems to me that there is abundant proof in the marketplace of the financial returns to both large and small businesses, the low cost of entry, and the ubiquity of social networks. I suspect that a good part of the problem is that startup and small business owners still don’t know where or how to start.

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Your Toughest Competitor May be Your Best Partner

Startup Professionals Musings

Your goal is “ coopetition ” - to find a way to partner with your competitor in such a way that both parties can substantially benefit from the other's resources - without stealing customers or damaging anyone's credibility. In the following quarter, we jointly signed up two new customers who loved our “end to end” integrated solution.

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7 Keys To Strategic Partnerships That Profit Everyone

Startup Professionals Musings

Every startup has a core competency which should not be shared. Beyond that, there may be a large percentage of common technology where they both need to minimize cost to gain share from the big dinosaurs who already have this advantage. Expand the market for both. Up-sell related products or cross endorsement.

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Choosing A Bank For Your Startup: Here’s Some Things To Consider

ReadWriteStart

As a newly established startup, there are some key elements that your business requires to ensure your short and long-term success. A well-detailed business plan, a launch plan, early funding, and the right talent and equity from founders are all among the basic ingredients that can help get a startup off the ground.