Startup Professionals Musings

FEBRUARY 10, 2023

Even though the color of their money is always green, all startup investors are not the same. Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors. Personally visit another startup funded by this investor. It’s no fun for either side.

Technical Review 345

Technical Review Due Diligence Term Sheet Offshore 345

Startup Professionals Musings

FEBRUARY 12, 2023

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. In that spirit, I offer my perspective on ten common startup failure sources that rarely get admitted by entrepreneurs: Choose to skip the written business plan.

Intellectual Property 312

Intellectual Property Startup Angel Investor Viral 312

Startup Professionals Musings

AUGUST 9, 2020

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. The default answer, to keep peace in the family, is to split everything equally, but that’s a terrible answer, since now no one is in control, and startups need a clear leader.

Cofounder 435

Cofounder Technical Cofounder Equity Intellectual Property 435

ReadWriteStart

DECEMBER 15, 2022

Startup studios continue to grow in popularity as incubators for new businesses. Rather than simply launching one startup, the startup studio model creates an organization whose business is launching startups. These can then be repeated and improved on with each successive startup.

Incubator 188

Incubator Startup Software Developers Software Development 188

The Startup Magazine

APRIL 12, 2021

There are several profitable tech startup ideas for entrepreneurs in 2021. As an entrepreneur with a tech background, you need to know which startups are projected to be the most profitable this year. Read on to discover the most profitable tech startup ideas for entrepreneurs in 2021. Startup Ideas.

Technical Review 113

Technical Review Software Review Application Development Entrepreneur 113

Startup Professionals Musings

MARCH 22, 2021

Every entrepreneur tries to maximize his startup growth by building and selling more product and services for the widest geographic area that he can support. Many entrepreneurs are paranoid about the partnership approach, and think that M&A is only an alternative for large companies who are flush with cash.

CTO Hire 330

CTO Hire Fractional CTO Merger Non-Compete 330

The Startup Magazine

JANUARY 25, 2024

A path filled with innovation and potential awaits you as you navigate the startup landscape. In this investigation, we uncover five critical factors to think about when deciding on the finest project management framework for startups. In the midst of all the fun, though, the requirement of good project management starts to stand out.

Framework 143

Framework SCRUM Management Agile 143

Both Sides of the Table

SEPTEMBER 17, 2011

I recently wrote a post about why I didn’t think early-stage startups should have COOs. I’d say about 80% of the experienced entrepreneurs & VCs I know privately agreed with me. What a luxury in a startup to have the number one person in the business get to focus on just strategy? Naturally some didn’t.

Operations 292

Operations CTO Hire Startup Early Stage 292

ReadWriteStart

JUNE 1, 2020

I have often been asked about Startup Funding by entrepreneurs. Many myths surround the subject of startup funding. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. Reasons for funding. ? Scale up your operations. Now you may want to scale up your operations or expand your presence.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

The Startup Magazine

MARCH 29, 2024

Global e-commerce entrepreneur and investor Richard Burry followed a unique path to the pinnacle of Internet success. Recently we visited Richard Burry in his seaside base of operations in Cascais, Portugal for an intriguing conversation about the keys to online success. As the founder of Smartvu Ltd., Try a lot of things.

Portugal 115

Portugal Entrepreneur Internet Advertising 115

The Startup Magazine

MARCH 7, 2024

Companies are turning to AI to streamline their operations, notably in areas like customer service, cybersecurity, and fraud prevention. From identifying your audience to understanding the market and mapping out your finances, entrepreneurs have found they have a lot to do before building a successful venture.

Artificial Inteligence 116

Artificial Inteligence Entrepreneur Algorithm Cofounder 116

The Startup Magazine

SEPTEMBER 12, 2023

For those new to the world of startup treasury management, it’s crucial to grasp the essence of a treasury framework. At its core, this framework is an organized approach to manage a startup’s finances while effectively mitigating risks. Why does this matter for your startup? So, how does one form such a bond?

Framework 130

Framework Technical Review Software Review Forecast 130

Startup Professionals Musings

DECEMBER 30, 2020

In my role as a mentor to aspiring entrepreneurs, I find that most have the technical challenges well understood, but many are a bit short on some basic street smarts , or basic business realities. Thus I often recommend that before you kick off your own business, you join another startup or existing business to see how things really work.

Intellectual Property 432

Intellectual Property Entrepreneur Technical Review Angel Investor 432

The Startup Magazine

JUNE 8, 2022

It enables businesses to improve operational efficiency and productivity, eventually making a positive contribution to their growth. To match pace with rapidly changing technology and strengthen a position in the marketplace, entrepreneurs cannot just rely on the typical qualifications. Image source. Time Management. Adaptability.

Technical Review 136

Technical Review Entrepreneur Leadership Operations 136

Startup Professionals Musings

NOVEMBER 4, 2022

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. The operations superstar.

Technical Cofounder 309

Technical Cofounder Cofounder Advisory Board Startup 309

Startup Professionals Musings

MAY 25, 2020

The last thing a new entrepreneur wants to think about for a new startup is how it will end. Startups with no exit planned will minimize investor returns. Most entrepreneurs like the startup role, but not the big-company role. Yet one of the first things a potential equity investor asks about is your exit strategy.

Exit Strategy 376

Exit Strategy Startup Private Equity Equity 376

YoungUpstarts

NOVEMBER 23, 2020

Startup businesses often struggle with limited resources. It also helps the entrepreneur to concentrate on activities that can help the firm grow. Here are examples of services that startups can outsource. Due to the low volume of financial transactions, most startups may not require a full-time bookkeeping expert.

Startup 238

Startup Technical Review Salary Hiring 238

Startup Professionals Musings

FEBRUARY 8, 2021

In my experience as an angel investor for new startups, I’m always surprised by how many entrepreneurs are looking for funding without outside advisors. For example, I once was approached by an entrepreneur, passionate that his new algae strain would cure world hunger and make him rich. Bandwidth is a constraint we all feel.

Advisory Board 356

Advisory Board Bandwidth Cofounder Technical Review 356

Startup Professionals Musings

MARCH 18, 2023

It seems like every entrepreneur I meet these days is quick to proclaim themselves a visionary, expecting that will give more credibility to their startup idea, and improve their odds with investors. In reality, I’m one of the majority of investors who believe that startup success is more about the execution than the idea.

Partner 206

Partner Cofounder Startup Bandwidth 206

The Startup Magazine

JUNE 9, 2022

Justin Halladay is an inspirational entrepreneur from New Jersey. What Entrepreneur Justin Halladay Recommends For Anyone Starting Out. For young entrepreneurs who are just starting out, Justin recommends having a strong spiritual foundation. Another key for budding entrepreneurs is consistency. Source: Pixabay.

Jacksonville 167

Jacksonville New Jersey Entrepreneur Florida 167

Startup Professionals Musings

MAY 14, 2023

Cash flow is a basic survival metric for every startup. Desperate entrepreneurs lose their leverage and die young. Desperate entrepreneurs lose their leverage and die young. The best entrepreneurs manage cash flow ruthlessly and never delegate decisions about spending money. They understand startup realities.

Burn Rate 258

Burn Rate Hockey Stick Management Salary 258

Startup Professionals Musings

SEPTEMBER 12, 2014

The last thing a new entrepreneur wants to think about for a new startup is how it will end. Startups with no exit planned will minimize investor returns. Most entrepreneurs like the startup role, but not the big-company role. Yet one of the first things a potential equity investor asks about is your exit strategy.

Exit Strategy 289

Exit Strategy Entrepreneur IPO Startup 289

Startup Professionals Musings

JUNE 20, 2016

Thus the top priority of every entrepreneur who wants funding should be to build and highlight their “dream team” of co-founders, executives and advisers, to attract the biggest and best investors. Solo entrepreneurs rarely find an investor. Investors talk to each other and they love warm introductions to up-and-coming entrepreneurs.

Sweat Equity 152

Sweat Equity Entrepreneur Elevator Pitch Software Review 152

Startup Professionals Musings

JULY 26, 2020

Despite the fact that the number of IPOs (Initial Public Offerings) for startups have continued to stay low, I still hear it touted often as the preferred exit strategy. Yet I believe the trend will continue at least flat as entrepreneurs become more aware of other considerations that make the IPO route less and less attractive.

Cost 319

Cost IPO Exit Strategy Initial Public Offering 319

ReadWriteStart

JANUARY 23, 2023

Every year, new startup entrepreneurs attempt to launch a business on the leanest budget possible. Whatever the case, you’ll need to make some big sacrifices and strategic managerial decisions if you want this lean startup budget to work — and it’s definitely possible. Consider a hybrid workplace.

Lean 158

Lean Technical Review Startup Acquisition 158

YoungUpstarts

MARCH 4, 2020

You’ve come up with a brilliant business idea, and you’re ready to get started as a brand-new entrepreneur. Are you a Necessity Entrepreneur? Necessity Entrepreneurs Build Exceptional Businesses. Necessity Entrepreneurs are uniquely equipped to build exceptional businesses and inspire meaningful change in their industries.

Entrepreneur 205

Entrepreneur Venture Capital Silicon Valley Bandwidth 205

Startup Professionals Musings

DECEMBER 26, 2013

Since the recent recession, and at least partially sparked by it, I’m seeing a real resurgence of entrepreneurial spirit, and more startup activity than ever before. is already well above the dot.com bubble of 15 years ago, although we have slipped a bit this year from the high point of 320 new entrepreneurs out of 100,000 adults in 2011.

IPO 273

IPO Entrepreneur Social Media Startup 273

View from Seed

MAY 2, 2024

Entrepreneurship is a nebulous concept, so I needed to find a way to assess the surveyed entrepreneurs across the same spectrum. Among these are the Lean Startup Method, Business Model Canvas, and Design Thinking*. As expected, most of these entrepreneurs were in the ideation and opportunity validation stages.

Generative AI 218

Generative AI Entrepreneur ChatGPT Framework 218

Startup Professionals Musings

FEBRUARY 5, 2023

According to most definitions, an entrepreneur is one who envisions a new and different business, meaning one that is not a copy of an existing business model. Many entrepreneurs have a passion and an idea, or even invent a new product, but are never able to execute to the point of creating a startup. Funding and rollout stage.

Matching 270

Matching Entrepreneur Startup Seed Stage 270

The Startup Magazine

JUNE 8, 2022

With new challenges, the landscape of businesses and startups has also shifted towards the latest approaches. Now anyone can initiate a business with limited income but unique startup ideas. Now anyone can initiate a business with limited income but unique startup ideas. Image Source. Online Reselling. Computer Repair Service.

Entrepreneur 127

Entrepreneur SEM United States Web Development 127

The Startup Magazine

MARCH 14, 2022

India has always been renowned as the land of entrepreneurs. And with the technology available these days, it is convenient to invest in emerging startups. Are you wondering how to invest in startups in India? The digital startup craze. Sectors witnessing a startup boom. 5) Managing the operations.

Technical Review 142

Technical Review Due Diligence India Startup 142

The Startup Magazine

AUGUST 3, 2021

Australian entrepreneur and consulting firm owner Luke Lazarus understands that launching a business is not easy. Operating a competitive business and turning a significant profit is even more challenging. Despite the odds against new business success, Lazarus started and operated four businesses by the time he was 25 years old.

United States 167

United States Entrepreneur Angel Investor Social Media 167

YoungUpstarts

MAY 18, 2020

Startups are thriving in the medical sector, given the advances in medical treatments and technology. Even with elective procedures, like cosmetic surgery, there are endless fresh opportunities for entrepreneurs to develop novel business ideas for medical products, solutions, and services. Research the Market. Solid Foundations.

Startup 246

Startup Technical Review Operations Business Plan 246

Startup Professionals Musings

JANUARY 28, 2019

If you listen primarily to the popular press, you could easily be convinced that all successful startup businesses are built by one smart person, such as Mark Zuckerberg at Facebook, or Jeff Bezos at Amazon. Solo or autocratic entrepreneurs usually don’t survive, due to required skills and a workload far beyond the capacity of a single human.

Technical Review 237

Technical Review Entrepreneur Founder Technology 237

ReadWriteStart

JANUARY 26, 2021

Launching a startup is ridiculously exciting. That’s because more than half of all startups fail within the first five years of operation. Understanding the reasons why startups fail can help you avoid such a fate. So what are the driving factors that lead to startup failure? Lack of Market Need.

Startup 180

Startup Angel Investor Business Model Demand 180

The Startup Magazine

AUGUST 22, 2023

Entrepreneurs know all too well the challenges of running their budding startup. Today there are an abundance of online tools that could make your life simpler, your startup operations more efficient, and your business even more successful. And startups can leverage AI for greater success.

Operations 109

Operations Startup Social Media Analytics 109

Startup Professionals Musings

AUGUST 2, 2021

New entrepreneurs routinely jump into a startup with a full charge of passion and energy, but often find themselves drained of both after a few months by the workload and challenges. As a result, burnout and loss of passion are consistently listed among the top causes of startup failure, according to many experts. Don’t wait.

Entrepreneur 435

Entrepreneur Startup Early Stage Business Model 435