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9 Success Principles To Propel Your Next New Venture

Startup Professionals Musings

This reduces the cost of customer acquisition, allows easy upgrades for service and new features, and improves customer loyalty in the face of new competitors in the market. Take advantage of low-cost modern tools and automation. Prioritize mergers and acquisitions early. Minimize one-time sales in your business model.

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Beware of Premature Merge Elation

Both Sides of the Table

I lived through the era of companies doing premature mergers. That’s why immature teams spend so much time on mergers. A merger is not the panacea. There is no such thing a “merger of equals&#. There’s really no such thing as a merger – only acquisitions. This is a good thing.

Merger 276
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6 Ways To Improve Your Odds Of New Business Success

Startup Professionals Musings

I recommend a trial run with an experiment or MVP (minimum viable product), at full price and cost, before the big bang launch, risking your investment money and a major time commitment. Growing too fast kills many new ventures, due to staffing costs, inventory, and funding delays. Mergers and acquisitions also require new skills.

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Should You Build Out Features Or Create A New Product?

YoungUpstarts

If you were looking for a lawyer to represent your company for a multimillion-dollar merger, what kind of lawyer would you want? Most of us would want to hire the most experienced, cutthroat lawyer specializing in multimillion-dollar mergers. A DUI lawyer? A jack-of-all-trades, I’ll-make-your-copies-too lawyer? Didn’t think so.

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6 Strategies For Startup Exit That Investors Accept

Startup Professionals Musings

Even still, in the context of all three points, I recommend that you evaluate the most common exit alternatives and considerations, and integrate the right one into your startup strategy and plan: M&A - merger or acquisition by another company. Most experts don’t recommend this approach as your default strategy anymore.

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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” If possible, quantify these in non-technical business terms, such as dollars saved or replacement costs over time. Use non-fuzzy terms to quantify customer value. Description of the business entity you plan to form.

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Welcome To The New Wave Of Opportunities And Startups

Startup Professionals Musings

Most of their new claims to innovation are acquired through mergers and acquisitions from the entrepreneurial pipeline. The cost of entrepreneur entry is at an all-time low. They have become a by-product of innovation rather than the cause of it: Conglomerates grew from industrialization, not innovation.