10 Keys To Building Unstoppable Startup Partnerships

Startup Professionals Musings

A common challenge faced by every entrepreneur is that they don’t have the bandwidth, interest or skills to do everything that is required to build their startup. Two heads are always better than one in a startup. Jointly define major milestones and key metrics for the startup.

7 Keys To Scaling A Startup into A Thriving Business

Startup Professionals Musings

As an advisor to many startups today, I still see that most of you entrepreneurs see yourselves as the sole driver of your new solution, and the key driver of your new business. scale it solo entrepreneur startup team

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Startup Communities Audiobooks

Feld Thoughts

The audiobooks for The Startup Community Way and Startup Communities, 2e are both available. If you are an Audible listener, you can get them at: The Startup Community Way: Evolving an Entrepreneurial Ecosystem . Startup Communities audible audiobook

How Startups Can Encourage Growth Within Their Business

YoungUpstarts

Innovation and growth are at the centre of transformation startups. If you want to encourage growth in your startup, here are some steps. The post How Startups Can Encourage Growth Within Their Business appeared first on Young Upstarts. Others startup advice startup growth

Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

In this webinar, Nick Noreña will walk through an Innovation Ecosystem Model that he and his team at Kromatic have developed to help investors, heads of product, teachers, and executives understand how they can best support innovation in their own ecosystem. He'll also go over metrics we can use to measure the health of our ecosystems as we build more resources for innovators.

5 Keys To An Unbeatable Solution For Your New Startup

Startup Professionals Musings

I’m convinced that this “me too” or incremental thinking is one of the key reasons that ninety percent of new startups fail, and most of the investors I know won’t sign non-disclosure forms, since they claim to hear the same startup ideas over and over again.

5 Reasons To Enlist Outside Advisors For Your Startup

Startup Professionals Musings

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. advisory board board of directors compensation startup advisors

5 Reasons Business Insurance Is Important For Startups

YoungUpstarts

Business insurance can be tailored to protect your startup business. The post 5 Reasons Business Insurance Is Important For Startups appeared first on Young Upstarts. Others business advice business insurance startup advice

4 Simple Steps Will Get Startup Financial Projections

Startup Professionals Musings

Financial forecasts for startups are assumed to be estimates that will be updated as real data comes in. You don’t need an MBA to do financial projections for a startup business plan. financial forecast investors rules of thumb startup

6 Ways To Transform Startup Constraints Into Benefits

Startup Professionals Musings

Ironically, as a startup investor and mentor, I have seen too many failures caused by just the opposite – too much money spent too soon, taking time to get product perfection, and assuming customers will wait. Startups funded by rich uncles rarely think about productivity.

Why Every Startup Needs To Select Customers Carefully

Startup Professionals Musings

Most startups are happy to find any customer, and will hang on for dear life to every one. Maybe it’s time to take an audit in your own startup, to check your own words versus actions, and the results.

8 Tips For Getting Your Startup Right The First Time

Startup Professionals Musings

Who would not want to join the unicorns (recent startups with a current valuation of over $1 billion)? Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S.

6 Observations On Key Challenges Facing Every Startup

Startup Professionals Musings

As an advisor to many startups, I often spend hours with business owners helping them anticipate every possible obstacle to the adoption of their solution, and developing a rollout plan to include antidotes. challenges obstacles startup Stephen Wunker

6 Ways Chutzpah And Confidence Can Make Your Startup

Startup Professionals Musings

Based on my experience as a business advisor, I’m convinced that most startup investors invest in the entrepreneur, as much as a solution or product. best entrepreneurs chutzpah self-confidence startup

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10 Principles For Surviving Hard Times In Any Startup

Startup Professionals Musings

“The devil in the details” is a quote that we have all heard, and clearly applies to startups, where success in the long run is all about execution. In a startup, there is no entitlement to funding, or to a second chance. hard work Napoleon Hill outwit the devil startup

5 Keys To Negotiating Your Fair Share Of Any Startup

Startup Professionals Musings

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 value in a startup is all about tangible results, so I see no equity value in the idea alone. business valuation co-founders split equity startup

7 Critical Resources For A Thriving Startup Community

Startup Professionals Musings

As a mentor to aspiring entrepreneurs, I often feel the frustration of someone trying to build a startup in the wrong place and time, and wrongly attributing their struggle to personal limitations. Building a startup is not a solo operation.

8 Ways To Beat The Odds Of A Consultant For Startups

Startup Professionals Musings

There are a myriad of ways to make this happen in the world of startups. An approach I suggest these days is for freelancers to contract for the actual role, probably part-time, of startup CFO, VP of Sales, or President. Share the everyday life of the startup team you are working with.

How The Nonprofit Experience Is A Teaching Tool For Startups

YoungUpstarts

There are many parallels between a startup and a nonprofit, despite the fact that the missions couldn’t be more different. The post How The Nonprofit Experience Is A Teaching Tool For Startups appeared first on Young Upstarts. Others entrepreneur advice nonprofits startup advice

How To Find Support Resources For Your Startup Stage

Startup Professionals Musings

It’s helpful to think of startups as proceeding through several stages, which I have defined a long time ago from a funding perspective. Their real value is your access to senior advisors with experience, and other startups in the same stage. resources startup stages support

Startup Communities | Rural Entrepreneurship

VC Adventure

I’ve always loved Brad’s Startup Communities – it’s long been my favorite of his books, built upon ideas that are clearly stating the test of time. In the nearly 10 years since the original book was published, the Startup Communities landscape has changed quite a bit.

8 Strategies For Sustaining Momentum In Your Startup

Startup Professionals Musings

business growth early adopters momentum startupsEvery new business I know dreams of building momentum in their business, where growth continues to increase, customers become your best advocates, and employee motivation is high.

Marketing Your Startup: 5 Lessons From Insiders

YoungUpstarts

As you embark on a new project of your own, all your efforts become channeled into “making it all work” and translating your ideas into a successful startup. You might have already gathered tips and “don’ts” enough for authoring your own “Startup 101” course.

5 Keys To Reducing Startup Risk By Building On Trends

Startup Professionals Musings

There is always time later for your next startup, using that disruptive technology of your dreams. So don’t be intimidated by the negative image that imitation currently has in the startup world. Smart startups save cost and time by capitalizing on the pivots of others before them.

7 Startup Proposals That May Raise Investor Red Flags

Startup Professionals Musings

Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. A strong team has one or more executives who have run a startup before in the current business domain. investors red flags startup funding

5 Generators Of Customer Pain Conducive To Startups

Startup Professionals Musings

Maybe we haven’t seen the results yet, but there are thousands of startup opportunities to offer new alternatives and services, to replace those destroyed by the crisis. disruptive change pain level startup idea

Korea – Asia’s Startup Powerhouse

YoungUpstarts

Secondly, the government worked closely with startups , sharing their information resources that aided with contact tracing, testing, and mask productions. These decisions revolved around the goal of nurturing a vibrant and diverse startup ecosystem that has paid off in the hour of need and opened up possibilities moving forward. The government has made huge financial commitments in turning South Korea into one of the world’s leading startup hubs.

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How Startup Founders Can Battle Insomnia

YoungUpstarts

Here are the four secrets to battling insomnia as a startup founder. Many startup founders work right until bedtime. There is no doubt that startup founders battle an enormous amount of stress. Many startup founders will drink alcohol to reduce their stress levels.

5 Ways To Build Startup Resilience And Avoid Failure

Startup Professionals Musings

You don’t have to have previous startup problems to show resilience – everyone should have a story of tackling a tough challenge with minimal success, but using the failure to move on and achieve an objective. bouncing back learn from failure resilience startup

The Three P’s And Two S’s For Any Successful Startup

YoungUpstarts

Tim Heger shares a three P’s and two S’s approach he's used successfully for more than 20 years as a structure that has helped startups to become successful in a shorter period of time. The post The Three P’s And Two S’s For Any Successful Startup appeared first on Young Upstarts.

Why Startups Are Ready For A Reboot

YoungUpstarts

Yet despite the overarching negative outlook, startups seem to be weathering the storm. Quartz mentions that startups seem to be dealing with the pressures of the pandemic far more effectively than larger businesses and conglomerates. Startup Survival Tactics During the Pandemic.

6 Tips For When And How To Disclose Your Startup Idea

Startup Professionals Musings

Thus, based on my experience as an entrepreneur as well as a startup investor, there are indeed situations where a non-disclosure is highly recommended, and others where the potential good far outweighs the risk. CDA confidential idea non-disclosure startup

Why Every Startup Needs Up-To-Date Technology

YoungUpstarts

The post Why Every Startup Needs Up-To-Date Technology appeared first on Young Upstarts. Others startup advice technologyYou need to ensure that your new company has the most up-to-date technology available, but why is this the case? Here are three reasons.

7 Tips To Getting A Bank Interested In Your Startup

Startup Professionals Musings

Many entrepreneurs are convinced that banks are not worth the effort for startups, especially early-stage ones that still don’t have a revenue stream, or collateral to back up their financing needs. bank loan Jill Andresky Fraser startup funding

6 Reasons Technical Expertise Does Not Make A Startup

Startup Professionals Musings

As startups grow, they quickly realize that they need a third personality, called the Manager, to build systems and processes. Well over 25 years ago, Michael E. Gerber wrote a best-selling business book called The E-Myth: Why Most Businesses Don’t Work and What to Do About It.

Startup Boards

Both Sides of the Table

Startups that are backed by professional financial investors almost always have a Board of Directors that consists of some set of founders, investors and sometimes independent directors. While the management of a startup company deals with the day-to-day decision-making within the company (strategy, budgets, goals, tasks, compensation) ultimately the Board of Directors has the legal governing responsibilities for these things. startup

The Main Reasons Startups Fail

ReadWriteStart

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?

Startups: Do You Need That Office?

YoungUpstarts

However, one working space that many startups get tempted towards are office spaces – whether it’s a cheap room in a complex or a fancy hotseat setup with gym and restaurant perks. The post Startups: Do You Need That Office? Others office startup advice

West Slope Startup Week

Feld Thoughts

West Slope Startup Week (WSSW) launched last week (this year in a virtual format) — a full month of online programming open to businesses across the state. This is, in part, why mentorship is so valuable to me and integral to EC and Techstars’ startup week programming. The post West Slope Startup Week appeared first on Feld Thoughts. Techstars Colorado energize colorado mentorship startup weekManufacturing, agriculture, retail, and tech.

Denver Startup Week 2020

Feld Thoughts

Denver Startup Week , the largest startup week in the world, happens next week. Tuesday, September 15th from 11:00-12 noon MT – Individual Author Showcase: ‘The Startup Community Way’ with Brad Feld. Events denver startup week

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The Secret To Successful Startup Teams

YoungUpstarts

by Susanna Camp and Jonathan Littman, co-authors of “ The Entrepreneur’s Faces: How Makers, Visionaries and Outsiders Succeed “ How do you build your best startup team? Venture capitalists say it all the time: the human factor is the key to startup success.

5 Basic Ingredients For A Startup Recipe For Success

Startup Professionals Musings

Any startup coach or business advisor will tell you that, on your way to being a great chef, you don't start your journey by inventing the ultimate entre. If your startup is over a year old, and your business isn’t yet ready, you have a problem. great chefs recipe startup success

A Startup’s Guide To Setting Up An Accounting System

YoungUpstarts

The post A Startup’s Guide To Setting Up An Accounting System appeared first on Young Upstarts. Resources accounting business advice business finance startup advice