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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. Join a startup incubator. It always reduces risk to plan your business first.

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10 Attributes Of The Perfect Partner For Your Startup

Startup Professionals Musings

Beyond the core team of two or three startup partners, every startup should seek to “outsource” the rest of their strategic requirements to external business partners. Thus you should do the same or more due diligence on educational background, previous work, and references.

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Ways To Make Your Startup Stand Out From The Rest

YoungUpstarts

Here’s how you can make your startup stand out from the rest of the crowd. This is the best opportunity a young startup has to set themselves apart from the crowd. Network With Other Startups. As a startup, it is wise to focus your networking on other startups. Have a Clear Ethos and Message.

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6 Key Leaders Every Technical Startup Needs To Thrive

Startup Professionals Musings

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. You need to have a technical genius on the team to get your startup product off the ground. Outsourcing your core competency does not work.

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5 Key Steps For Launching A Successful Startup Today

Startup Professionals Musings

Perhaps sparked by the recent pandemic, I’m seeing a new era of the entrepreneur, with startups springing up all around. The real question is whether problem solving is a skill you have to be born with, or is there any hope for the rest of us to become successful entrepreneurs.

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How To Prevent Gaps in An Innovative Startup Strategy

Startup Professionals Musings

Most investors and startup professionals expand this concept of focus to apply to key issues of every aspect of strategic and tactical planning in a startup. There is a big gap between people who love to try new technologies, and the rest of us, who tend to be much more “technophobic.”

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9 Different Approaches For Motivating A Startup Team

Startup Professionals Musings

Entrepreneurs inherently understand that they have to be the initial leader of their startup, but often they don’t have the experience or the training to know where their leadership competencies lie, or how to build a leadership team. Mature Helpers are considerate and genuinely the most sensitive and caring of all the leadership types.