7 Winning Strategies For Utilizing Startup Advisors

Startup Professionals Musings

In my role as an angel investor to startups, I’m struck by the broad variety of advisor strategies I see in investor presentations and business plans that cross my desk. This often leads to a death spiral for the board, and subsequently for the startup.

7 Startup Costs That You Assume With Outside Funding

Startup Professionals Musings

One of the myths I often hear as an advisor to many entrepreneurs is that their lifestyle would somehow be better if they could more easily find other people’s money to build their startup. Usually it pays to move a startup slower rather than risk relationships.

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5 Startup Funding Models That Depend On The Consumer

Startup Professionals Musings

Yet as I mentor entrepreneurs around the country, crowdfunding still seems to be one of the least understood approaches to startup funding, with more myths than accredited angels and professional venture capital investors combined. Startup equity model.

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.

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 “What-Ifs” To Include In A Startup Financial Model

Startup Professionals Musings

For maximum value with the least effort, focus on only the “what ifs” that are the highest priority in your mind for your own startup. The cost to acquire a customer, or traffic to conversion ratios, are critical to the success of most startups.

10 Tactics For Driving Disruptive Startup Innovations

Startup Professionals Musings

Here is my summary and interpretation of the ten strategies that he outlines for driving the disruptive innovations that entrepreneurs and startups all dream about: Establish the engine of leadership. disruptive innovation entrepreneurs see around corners startups

How Incubators And Accelerators Work For Startups

YoungUpstarts

by Alejandro Cremades, author of “The Art of Startup Fundraising“ Entrepreneurs with an interesting business concept or Intellectual Property (IP) don’t always have the skills and relevant know-how to transform industry-disruptive ideas into commercially viable products.

Burning Platform: Startup Boards

deal architect

In the 76th episode of Burning Platform, we host Brad Feld of Foundry Group, a repeat guest and discuss the new book he has co-authored, Startup Boards and a whole slew of other tech industry topics As Brad explains, the.

10 Leadership Traits To Inspire Every Startup Founder

Startup Professionals Musings

best entrepreneurs leadership style startup traitsPeople who have been followers too long as an employee don’t realize how hard it is to be a leader.

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. Problems will occur in every startup, simply because you are stepping into uncharted territory. perfection problem solving steps startup successful

Hidden Expenses Of Launching A Startup

YoungUpstarts

Hidden costs that can quickly eat up any profit you make and if left to fester, can quickly put your startup finances in the negative. The post Hidden Expenses Of Launching A Startup appeared first on Young Upstarts. Others business advice startup advice startup costs

Should You Negotiate Ownership Options In A Startup?

Startup Professionals Musings

Wouldn’t you like to be one of the lucky people who joined Google and Facebook when these were startups, and now be a multi-millionaire or better? So people ask me “How many shares should I ask for or expect when I join a startup today?” compensation Guy Kawasaki startup stock options

6 Information Surges Raise Huge Startup Opportunities

Startup Professionals Musings

It’s enough to drown any business which tries to fight it or ignore it, and it’s an opportunity to ride higher and faster than even the successes of Google and Facebook, for those startups that use it as their driving force. There is still infinite room for new startup sales modes and models.

10 Startup Founder Decisions That Have No Good Answer

Startup Professionals Musings

Most entrepreneurs struggle with many startup founders quandaries in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. Otherwise exit and startup with another idea.

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. co-founder perfect partner startup traits

5 Phases Of Every Startup That Regulate Your Success

Startup Professionals Musings

Successful startups seem to follow similar paths to greatness, and unfortunately all too often that path leads them back down the hill much faster than they went up. By definition, most startups begin as a result of some innovation in product, process, or service.

7 Ways To Keep Your Business Working Like A Startup

Startup Professionals Musings

As a consultant, I hate to see you lose that startup focus on innovation, change, and customers. Remember that as a startup problem solving was the priority, often requiring emotional persistence and peer disagreements. change ownership thinking startup

8 Reasons That Startups Need To Think Like An Invader

Startup Professionals Musings

Winning customers as an entrepreneur in a startup has many parallels to a young army trying to penetrate some formidable new and unfamiliar territory. Too many startups rush into battle early, assuming any progress will somehow give them the competitive advantage.

5 Ways To Expand Your Thinking For Your Next Startup

Startup Professionals Musings

Don’t be like the startup CEO I once worked for who always pretended to have all the answers, even when it was clear to everyone that his depth did not match his marketing passions. elliott bisnow startup thinking outside the box whole brain

5 Tips For Startups Looking For A Great Solution Idea

Startup Professionals Musings

Potential startup founders are always looking for ideas to implement, when they should be looking for problems to solve. Luckily, many startups are smart enough to keep morphing their idea, until it finally fits a real-world problem, and they can move forward in the marketplace.

How To Split Equity In A Startup The Right Way

YoungUpstarts

Before embarking on the daunting mission of equity division, understand which trajectory suits your startup. Here's a comprehensive overview of how to split equity among various stakeholders of a startup. Others startup advice startup equity

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How To Launch Your First Startup

YoungUpstarts

Owning and running a startup can also be one of the most difficult responsibilities to manage if you don’t know what you’re doing. The post How To Launch Your First Startup appeared first on Young Upstarts. Advice For The Young At Heart startup advice

Accelerators Have Resources To KickStart Your Startup

Startup Professionals Musings

One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. Peer-to-peer networking with other startups and founders in the same stage. Are you and your startup ready to make the cut?

5 Flocks Of Investors Looking For An Enticing Startup

Startup Professionals Musings

If your startup is looking for an angel investor, it makes sense to present your plan to flocks of angels, and assume that at least one will swoop down and scoop you up. This is another very popular website for raising equity or debt investments for startups.

Crowdfunding For Startups: 10 Best Platforms For Fundraising

YoungUpstarts

With so many crowdfunding platforms out there, there’s a path to success for every startup. Here are 10 best crowdfunding platforms to look at when fundraising for your startup. The post Crowdfunding For Startups: 10 Best Platforms For Fundraising appeared first on Young Upstarts.

6 Obligations That Come With Startup External Funding

Startup Professionals Musings

As an angel investor to startups, I’m still surprised to find entrepreneurs who expect investors to give them money, and assume no strings attached. I’ve seen many startups that might well have succeeded, if only they had not attracted all the money they wanted.

Essential Digital Marketing Strategies For Startups

YoungUpstarts

Use our strategies to maximize your reach for a fledgling startup! The post Essential Digital Marketing Strategies For Startups appeared first on Young Upstarts. Resources digital marketing marketing marketing strategy Online marketing startup advice

8 Creative Pricing Strategies Most Startups Overlook

Startup Professionals Musings

innovative pricing startup strategyAs an advisor to new business owners, I’m accustomed to seeing primarily the simple traditional product pricing strategies , usually driven by competitor prices, or cost plus a reasonable margin.

8 Reasons To Initiate A Startup While Career Probing

Startup Professionals Musings

You have probably secretly always wanted to run your own show, but with an existing job, never took the time to consider a startup. Unless you are a true loner, you need someone like-minded but complementary in skills to help you with the startup plans.

5 Ways Emotional Decisions Can Endanger Your Startup

Startup Professionals Musings

John Bradberry, in his classic book “ 6 Secrets to Startup Success ,” identifies five key biases that sabotage many passionate entrepreneurs in their startup decision making. In my experience, a great startup is more about great execution, rather than a great idea.

Burning Platform: Startup Communities

deal architect

In the 34th (today) and 35th (tomorrow) episode of the series we have Brad Feld, Founding Partner, Foundry Group and Ian Hathaway who leads the global ecosystems business at Techstars, In the episode below, they discuss their book, The Startup.

7 Current Market Forces Bring Startup Opportunities

Startup Professionals Musings

Startups are the corporations of the future, so I have long believed that entrepreneurs who study existing corporate models, rather than ignoring them with disdain, will likely profit from the exercise. Startups can win carrying less baggage onto this playing field.

10 Tips For Entering The Startup Community This Year

Startup Professionals Musings

These days I see a surge of new startups as businesses seem to be recovering from the pandemic. No online presence may brand you as “old school,” and not startup material. Fashion trends in startups are more relaxed and modern than you may see in large enterprises.

StartUp Costs You Need to Know About

The Startup Magazine

However, with all the work that goes into it and the fact that these businesses often fail within the first year (or two), it’s important to understand all of the startup costs involved before getting started. Starting a new business venture is exciting.

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7 Startup Partner Pairings That You Are Apt To Regret

Startup Professionals Musings

This would be a mistake, and could easily cost you your startup. Even if the endpoint is the same, there are many different roads to get there, and it’s hard for a startup to be on two roads at once. Most startups can’t afford that. co-founders mistakes perfect partner startup

5 Key Initiatives Define The Ultimate Startup Leader

Startup Professionals Musings

Most aspiring entrepreneurs are convinced that the strength of their initial idea somehow defines them as a leader, as well as the success potential of their derivative business. In my experience, it’s a lot more complicated than that.

Looking At Startups By The Rules Of Natural Selection

Startup Professionals Musings

In this context, it’s time for every business, not only startups, to take a fresh look at the basics of business success. Every startup needs a sustainable competitive advantage. Talent – Every startup needs talents to give the company value.

Three Keys To Startup Success

YoungUpstarts

The post Three Keys To Startup Success appeared first on Young Upstarts. Advice For The Young At Heart business advice business success Oleg Konovalov startup success

8 Startup Excesses Which Will Jeopardize The Business

Startup Professionals Musings

Waste in a startup is any activity that burns resources, but creates no value or competitive advantage in the eyes of customers. In the startup world, this is often seen as a lack of focus. Communication is the fuel that controls the speed of startups.

5 Attributes To Look For In Your Perfect Startup Idea

Startup Professionals Musings

Of course, great startup solutions need great teams to implement them. Guy Kawasaki key attributes next big thing startup ideaEvery entrepreneur wishes that he could predict whether his idea could be the “next big thing,” before he spent his life savings and years of energy on it.

8 Productivity Tips To Scale Your Startup

YoungUpstarts

As a startup, you need to stay productive to remain successful. The post 8 Productivity Tips To Scale Your Startup appeared first on Young Upstarts. Others productivity startup advice startup productivityTake note of these eight productivity tips that will help you.

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.