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Entrepreneurs Need To Keep Their Business Focused

Startup Professionals Musings

Unfocused entrepreneurs boast that their new technology will generate multiple disruptive products for consumers as well as enterprises around the world. Keep these balanced and aligned between people (customers, employees) and process (quality, service, revenue), and keep the scope realistic (eliminating world hunger is too broad).

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Paranoid Companies Miss the Best New Opportunities

Startup Professionals Musings

Yet a creative collaboration with your biggest competitor may be the best opportunity for revenue and survival. As an example, a few years ago I worked for small software company selling an expensive enterprise workflow product. We were both losing in the lucrative high-end market segment. Cost sharing and economies of scale.

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Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. These misses weren’t in some tangential markets – missing search, mobile and the cloud were directly where Microsoft users were heading. They are hard to do in a company that excels at products.

Azure 120
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Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. These misses weren’t in some tangential markets – missing search, mobile and the cloud were directly where Microsoft users were heading. They are hard to do in a company that excels at products.

Azure 120
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10 Tips To Ensure That Your New Venture Is Investable

Startup Professionals Musings

Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Ready to scale is when you have a proven product and a proven business model, about to expand to new geographies and markets. It’s hard to build and scale a business on free high-support products.

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8 Key Focus Elements Will Attract Startup Investors

Startup Professionals Musings

Unfocused entrepreneurs boast that their new technology will generate multiple disruptive products for consumers as well as enterprises around the world. Keep these balanced and aligned between people (customers, employees) and process (quality, service, revenue), and keep the scope realistic (eliminating world hunger is too broad).

Startup 257
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Too Many Small Businesses Still Ignore Social Media

Startup Professionals Musings

When my friend’s small business was struggling a while back, I suggested he add some social media marketing initiatives, and his answer was that he was “too busy.” According to a recent Harvard Business Review article , only 60% of companies today use social media for marketing, and only 12% of those feel that they are using it effectively.