Startup Professionals Musings

APRIL 11, 2020

Many passionate entrepreneurs fight to add more features into their new products and services, assuming that more function will make the solution more appealing to more customers. In many business domains today, the market seems to change about every ninety days. No startup can implement a broad strategy quickly enough to stay ahead.

Startup 424

Startup Bandwidth Distribution Agile 424

YoungUpstarts

AUGUST 27, 2020

The most successful entrepreneurs have always used the realities of the environment around them as a basis for exploring opportunities and developing new ideas that actually provide value for people and are structured to create profit. New business realities present unique opportunities for startups. Healthcare.

Entrepreneur 246

Entrepreneur Technical Review Startup LLC 246

Startup Professionals Musings

MARCH 6, 2021

Many startups fail before reaching that magic “cash-flow positive” position they have been striving for, despite seemingly reasonable financial projections. A closer analysis often indicates the cause to be a lack of diligence in handling common business finances. A startup must ensure that the payments are collected per agreed terms.

Technical Review 379

Technical Review Finance Startup Salary 379

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. Especially if you are a first-time business owner, the payback for this initiative is well worth the effort and cost. Bandwidth is a constraint we all feel.

Advisory Board 356

Advisory Board Bandwidth Cofounder Technical Review 356

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. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. A business plan is for you first, not investors.

Intellectual Property 312

Intellectual Property Startup Angel Investor Viral 312

Startup Professionals Musings

APRIL 12, 2019

Unfortunately, even today, building a good product doesn’t guarantee you a business. Most entrepreneurs realize and budget for the additional costs of incorporating a business, marketing, equipment costs, and manufacturing. It’s amazing how fast your startup will outgrow your garage or home office.

Cost 264

Cost Founder Software Review Startup 264

Startup Professionals Musings

JANUARY 24, 2021

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. In reality, it is nothing more than a final integrity check on all aspects of the business and the team.

Technical Review 379

Technical Review Due Diligence Term Sheet Bankruptcy 379

Startup Professionals Musings

MAY 17, 2020

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. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. A business plan is for you first, not investors.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

Startup Professionals Musings

SEPTEMBER 7, 2020

If you aren’t willing to take some risk as an entrepreneur, then don’t expect any gain. 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.

New York City 315

New York City Silicon Valley Startup Bootstrapping 315

Startup Professionals Musings

SEPTEMBER 16, 2023

In my view, starting a new business has never been easier, and according to reports from the Kauffman Foundation , the numbers are here to show it. The rate of new entrepreneurs increased between 2013 and 2021, from 280 to 360 out of 100,000 of the adult population. Fundraising through online platforms and crowdfunding.

Intellectual Property 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

Steve Blank

SEPTEMBER 5, 2018

A version of this article first appeared in the Harvard Business Review. But NewTV doesn’t plan on testing these hypotheses. With fewer than 10 employees but almost $2-billion dollars in the bank, they plan on jumping right in. It’s the antithesis of the Lean Startup. ” Fire, Ready, Aim. And it may work.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

JANUARY 6, 2023

Many passionate entrepreneurs fight to add more features into their new products and services, assuming that more function will make the solution more appealing to more customers. In many business domains today, the market seems to change about every ninety days. No startup can implement a broad strategy quickly enough to stay ahead.

Startup 287

Startup Bandwidth Distribution Agile 287

Startup Professionals Musings

MAY 15, 2019

Steve Blank via Flickr by jdlasica I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Great businesses begin with a customer problem that has a big and monetizable pain point.

Startup 245

Startup Angel Investor Technical Review Incubator 245

Hearpreneur

OCTOBER 10, 2023

In the realm of great business ideas, a well-crafted business plan takes center stage. It's your persuasive pitch to potential investors, outlining your startup's objectives and profitability strategy. As a dynamic document, it remains rooted in your business's core objectives while flexibly responding to change.

Business Plan 136

Business Plan Jordan Entrepreneur Florida 136

Startup Professionals Musings

FEBRUARY 14, 2022

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. I found their five phases of the process to be compelling, based on my own years of experience mentoring startups: Nail the pain.

Angel Investor 359

Angel Investor Technical Review Incubator Business Model 359

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.

Startup 246

Startup Technical Review Operations Business Plan 246

Startup Professionals Musings

OCTOBER 6, 2023

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. In reality, it is nothing more than a final integrity check on all aspects of the business and the team.

Technical Review 296

Technical Review Due Diligence Term Sheet Bankruptcy 296

Startup Professionals Musings

SEPTEMBER 25, 2021

In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. Early-stage ideas fall in the same category. Don’t get me wrong. Commercialization requires infrastructure.

Technical Review 391

Technical Review Intellectual Property Early Stage Global 391

ReadWriteStart

NOVEMBER 12, 2022

As the global economic situation deteriorates amid the Russian invasion of Ukraine and soaring energy costs, many aspiring entrepreneurs might be tempted to give up and wait for better days. It is true that founding a startup in times of crisis may look more challenging. Look for new ways to drive growth for your startup.

Startup 198

Startup Technical Review Ghana Guerilla 198

Startup Professionals Musings

MARCH 12, 2022

In my experience as an angel investor to startups, goodwill disagreements are perhaps the most common reason that you will fail to close interested investors as an entrepreneur. The same goes for business deals that fail during acquisitions or when it is time for you to retire. Quality of your technical and business teams.

Valuation 368

Valuation Technical Review Due Diligence Angel Investor 368

Startup Professionals Musings

JANUARY 13, 2020

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. As with most business and personal interactions, first impressions tend to become lasting ones. A proven business model, ready to scale, is particularly attractive.

Intellectual Property 316

Intellectual Property Angel Investor Early Stage Venture Capital 316

Startup Professionals Musings

JUNE 17, 2020

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.

Founder 329

Founder Cofounder Bandwidth Matching 329

Startup Professionals Musings

JANUARY 30, 2021

Most technical entrepreneurs focus hard on building an innovative product, but forget that an elegant solution doesn’t automatically translate into a successful business. Defining the right business model requires the same diligence as designing the right product, but the approach and skills required are different.

Technical Review 399

Technical Review Product Advisory Board Business Model 399

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

Startup Professionals Musings

MARCH 21, 2020

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. Others will work hard on a business plan, and then mail it indiscriminately to every potential investor they can find on the Internet.

Technical Review 310

Technical Review Angel Investor Business Plan Social Media 310

ReadWriteStart

AUGUST 20, 2020

If you are a startup , then it is important for you to introduce web applications with a unique idea or less popular concepts. Your Company/Business. Whether you own a well-established company or startup, to stay competitive it is very important to find out and nurture the new web app ideas. 1 – Analyze Yourself.

Web 194

Web Technical Review Startup Audience 194

Startup Professionals Musings

MAY 1, 2023

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a cofounder or two. You need to find the skills or experience you don’t have in business, technology, or money. The value in a startup is all about tangible results, so I see no equity value in the idea alone.

Technical Cofounder 247

Technical Cofounder Equity Distribution Cofounder 247

Startup Professionals Musings

OCTOBER 15, 2022

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. As with most business and personal interactions, first impressions tend to become lasting ones. A proven business model, ready to scale, is particularly attractive.

Intellectual Property 278

Intellectual Property Angel Investor Early Stage Venture Capital 278

Startup Professionals Musings

APRIL 18, 2021

If your startup is great enough to get a term sheet from angel investors or a venture capitalist, the next step for the investor is to complete the dreaded due diligence process. Some startups do nothing to prepare for the due diligence process, assuming the people and business plan documents will speak for themselves.

Technical Review 380

Technical Review Due Diligence Term Sheet Angel Investor 380

Startup Professionals Musings

OCTOBER 3, 2021

The biggest challenge for every entrepreneur and every startup today is to get noticed and remembered in today’s information overload. The number of entrepreneurs worldwide is huge, starting an estimated 50 million new businesses per year, or 137,000 per day. The obstacle or the painful need.

Elevator Pitch 313

Elevator Pitch Technical Review Boston Sales 313

Startup Professionals Musings

AUGUST 26, 2019

As an advisor to business owners, and an occasional angel investor, my job is to separate the actual challenges from the common misconceptions that distract many promising entrepreneurs while building the leadership team required for your solution, marketing, and finance success. Sharing your business ownership increases the risk.

Bandwidth 246

Bandwidth Software Review Salary Angel Investor 246

Startup Professionals Musings

SEPTEMBER 8, 2019

You still start the process with a business plan, but then you look for a philanthropist rather than an investor. Some nonprofit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. That’s a higher calling. Marty Zwilling.

Equity 235

Equity Angel Investor Technical Review Exit Strategy 235

The Startup Magazine

SEPTEMBER 14, 2024

For new entrepreneurs , the startup phase is one of the most challenging yet exciting stages of launching a business. If you’re struggling to raise capital, here are six practical strategies to obtain startup funding in today’s modern and competitive business world.

Security 152

Security Angel Investor Startup Bootstrapping 152

ReadWriteStart

JANUARY 26, 2021

Launching a startup is ridiculously exciting. Of course, most of you reading this know that the odds of your business becoming a tech unicorn are slim, even if you have a great idea in place. That’s because more than half of all startups fail within the first five years of operation. Lack of Market Need. Running Out of Capital.

Startup 180

Startup Angel Investor Business Model Demand 180

The Startup Magazine

DECEMBER 27, 2023

Startup founders have a seemingly never-ending list of things to do, whether it’s growing sales, hiring new team members, or marketing your latest product. But you can learn from other entrepreneurs’ financial mistakes and avoid making them yourself to save money and focus on your growth right now.

Startup 138

Startup Technical Review Reputation Hiring 138

The Startup Magazine

MARCH 14, 2022

India has always been renowned as the land of entrepreneurs. Profitably managing and owning businesses with all the inherent risks have always defined the Indian entrepreneurial spirit. And with the technology available these days, it is convenient to invest in emerging startups. The digital startup craze. Education tech.

Technical Review 166

Technical Review Due Diligence India Startup 166

The Startup Magazine

MARCH 7, 2024

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. But luckily, gone are the days when entrepreneurs have to spend countless hours on these beginning steps.

Artificial Inteligence 152

Artificial Inteligence Entrepreneur Algorithm Cofounder 152