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Small Business – 4 Reasons You’re Too Small to Fail

Mike Michalowicz

While we’re all on this roller coaster, I want to remind you just how important your small business is. And, that you have some advantages that big business doesn’t have access to. How many small businesses are there? Small business is critical to the local economy. Have a new strategy?

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10 Bad Habits That May Be Stopping You From Finishing

Startup Professionals Musings

Based on my work as a business consultant, I find a growing challenge in getting employees to complete their commitments on time, or even finish a task before moving on to new work. Any one of these cases can cause your business to lose customers, or your next career move to be challenged. Don’t be afraid to ask for help along the way.

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7 Keys To Making Many Millions In A Business You Love

Startup Professionals Musings

Many aspiring entrepreneurs are looking to the Internet as an opportunity to get rich quick, instead of a place where you can start a business you love, for very little capital and minimal technical expertise. Starting an Internet business is a new lifestyle, so you need to understand the implications. Position yourself as an expert.

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6 New Venture Realities To Target Your Funding Effort

Startup Professionals Musings

Of course, both are impressive, but still small compared to over $300 billion from VC investments annually. He does caution both entrepreneurs and investors to skip the hype and recognize the fundamental truths of the startup industry, before joining the crowd, or joining angels: Most startups fail.

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7 Strategies To Prepare For Tough Business Challenges

Startup Professionals Musings

Providing business leadership is a challenge under the best of circumstances, but it is especially difficult in times of market and customer crises. For example, the COVID-19 pandemic caught every company, large and small, off guard, and at least a third of small businesses did not survive.

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10 Ways Owners Often Jeopardize Their Business Growth

Startup Professionals Musings

When you are starting a new business, every resource is precious, including time, funding, and people. Most challenges you have are not unique to your business. Buy too much inventory too soon to get unit costs down. Inventory is a balancing act, but I see too much inventory much more often than too little.

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6 Marketing Specifics That Apply To Every New Venture

Startup Professionals Musings

You can have the best technology, but if customers don’t know you exist, or they don’t know how your technology solves a real problem for them, your startup will fail. Yet I see many technology entrepreneurs that focus on the basics of marketing too little and too late. test and check for a compelling value-based answer.

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