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8 Key Focus Elements Will Attract Startup Investors

Startup Professionals Musings

Unfocused entrepreneurs boast that their new technology will generate multiple disruptive products for consumers as well as enterprises around the world. Focus means starting with a problem that is painful, rather than a technology, and showing how you can solve that problem better than anyone else. Solve one problem really well.

Startup 257
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Entrepreneurs Need To Keep Their Business Focused

Startup Professionals Musings

Unfocused entrepreneurs boast that their new technology will generate multiple disruptive products for consumers as well as enterprises around the world. Focus means starting with a problem that is painful, rather than a technology, and showing how you can solve that problem better than anyone else. Solve one problem really well.

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Paranoid Companies Miss the Best New Opportunities

Startup Professionals Musings

For instance, Dell and HP are strong competitors on notebook computers, but both offer Intel processors, rather than building their own to keep component costs down and broaden their application market through compatibility. Up-sell related products after the initial sale. Cross endorsement.

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Too Many Small Businesses Still Ignore Social Media

Startup Professionals Musings

They don’t know if they should move to social networks for lead generation, branding, customer loyalty, or for direct marketing and e-commerce. Successful people don’t wait for their kids to teach them about new technologies, or wait to be the last one on the block to try new things. Define relevant metrics and measure.

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Your Toughest Competitor May be Your Best Partner

Startup Professionals Musings

For instance, Dell and HP are strong competitors on notebook computers, but both offer Intel processors, rather than building their own to keep component costs down and broaden their application market through compatibility. Up-sell related products after the initial sale. Cross endorsement.

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13 Of The Biggest Mistakes Entrepreneurs Make (That May Not Seem Like Mistakes At All)

YoungUpstarts

Treating technology as a magic bullet. In so many ways, technology has made it easier to connect with customers. So it’s understandable that many business owners automatically assume that more technology is always better. But if you’re not careful, technology can also be used as a barrier that keeps customers at arm’s length.

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Entrepreneurs Need To Keep Their Business Focused

Gust

Unfocused entrepreneurs boast that their new technology will generate multiple disruptive products for consumers as well as enterprises around the world. Focus means starting with a problem that is painful, rather than a technology, and showing how you can solve that problem better than anyone else. Zappos logo via Flickr by Ben Spark.