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8 New Business Keys To Success For Real Entrepreneurs

Startup Professionals Musings

The rate of new entrepreneurs increased between 2013 and 2021, from 280 to 360 out of 100,000 of the adult population. Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever. The cost of social media done well is low.

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How To Survive The Loss Of A Main Customer

YoungUpstarts

by Zain Jaffer, serial entrepreneur and the Founder and CEO of Zain Ventures. In the early stages, it isn’t uncommon for businesses to bank their earnings on a handful of customers (or sometimes, just one). The loss of these major customers can have a dramatic impact on both internal (employees) and external contributors (investors).

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10 Strategies To Cover New Product Development Costs

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. Consider licensing your product or intellectual property, and “white labeling.”

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Our Interview With Richard Burry, International E-Commerce Entrepreneur

The Startup Magazine

Global e-commerce entrepreneur and investor Richard Burry followed a unique path to the pinnacle of Internet success. This is why I like to include customers in product development and testing. I also like to be close with customer service finding out how the product is working and what problems the customers have.

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4 Chasms And 5 Customer Types That Kill Entrepreneurs

Startup Professionals Musings

Moore titled “ Crossing the Chasm ,” but most entrepreneurs have no idea how it relates to them. In fact, it’s all about the “focus” required to get early stage technology products across the deadly chasm from early adopters to mainstream customers. Product development chasm. Customer support chasm.

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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. Consider licensing your product or intellectual property, and “white labeling.”

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For the sake of productivity, developers need to learn to say “no”

The Next Web

Whoever coined the mantra ‘The customer is always right’ has never tried to undertake development tasks for clients with grandiose ideas, but zero technical background. Nowadays, every company might be a software company, but not everyone knows how to effectively manage software development projects.