Startup Professionals Musings

APRIL 17, 2022

Very few entrepreneurs have the range of skills and experience to be the solution creator as well as business creator, or operational as well as sales leader. Most entrepreneurs work long hours and weekends to get the job done. Look at the big picture first of development, finance, and marketing/sales.

Partner 385

Partner Software Review CTO Hire Cofounder 385

YoungUpstarts

JANUARY 10, 2020

by Zain Jaffer, serial entrepreneur and the Founder and CEO of Zain Ventures. When the time comes, the following actions can help entrepreneurs get back on their feet: 1. sales to product development), the problems will continue to exist. Invest time and thought into your sales processes and structures.

Customer 347

Customer Development Team Review Advisory Board Private Equity 347

Startup Professionals Musings

JANUARY 6, 2021

Based on my experience advising new entrepreneurs as well as more mature businesses, I recommend the following strategies for building business momentum, while still optimizing the limited resources of every small business: Find more customers that like what you do best. Focus first on finding more of the right customers.

Technical Review 400

Technical Review Technical Cofounder Advisory Board Cofounder 400

Startup Professionals Musings

MARCH 21, 2021

Great entrepreneurs, like Bill Gates, are great at both. For entrepreneurs, effective networking is required to find investors, partners, and customers. Too many entrepreneurs try to talk their way through all of these. Some struggling entrepreneurs are totally event driven. Here are a few: Business networking.

Technical Review 333

Technical Review Startup Software Review Retention 333

Startup Professionals Musings

JANUARY 18, 2020

In addition to being the startup entrepreneur, there are other key roles where Boomers can be a force in driving successful startups, in concert with leaders from Gen-X and Gen-Y: Early-stage angel investors. Marketing and sales to Gen-Y customers. Supportive co-founder and executive positions.

Advisory Board 312

Advisory Board Startup Dividend Angel Investor 312

The Startup Magazine

JULY 7, 2023

Entrepreneurs who have a great business idea and have started a company need to keep a keen watch over where they spend their money. sales commission, raw materials, and packaging) and fixed costs (property rental, company car instalments, etc.). This includes variable costs (e.g.,

Connecticut 183

Connecticut Entrepreneur Software Review Cost 183

Startup Professionals Musings

APRIL 23, 2022

Every startup lucky enough to get some traction gets to the point where they decide to hire some “regular employees” for sales, marketing, and administrative tasks. What they should be doing is hiring only “entrepreneurs,” meaning people who think and act as if this is their own business. Sales will be the organization’s sole focus.”

Startup 337

Startup Technical Review Employee Hiring 337

The Startup Magazine

DECEMBER 19, 2024

Entrepreneurs need to define their market niche and craft effective competitive strategies to counteract competitive pressures. These systems apply complex algorithms to parse sales data, forecast demand trends, and manage stock levels efficiently. Facing competition is a major hurdle for startups.

Technical Review 146

Technical Review Startup Differentiation Social Media 146

Startup Professionals Musings

OCTOBER 30, 2020

Every aspiring entrepreneur I know is talking about the fact that there are over 2,000 billionaires in the world today, and how their innovative idea could make them one of the next ones. Becoming an entrepreneur is actually a commitment to a new lifestyle, certainly very exciting, but also facing many unknowns and risks.

Merger 386

Merger Software Review Acquisition Social Media 386

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. This is the mysterious and dreaded due diligence process, which can kill the whole deal. Traction in the marketplace.

Technical Review 379

Technical Review Due Diligence Term Sheet Bankruptcy 379

Startup Professionals Musings

FEBRUARY 20, 2023

Thus smart business professionals are rapidly becoming the new entrepreneurs. Of course, entrepreneurs delivering services have existed for some time, including business consultant, independent contractor, and freelancer titles. For existing trained professionals, it’s an opportunity to become an entrepreneur.

Angel Investor 267

Angel Investor Social Media LLC Viral 267

Startup Professionals Musings

JUNE 26, 2020

As an advisor to new hardware entrepreneurs, I often hear the myth that a business plan is no longer required to find an investor, if your idea is good enough. What you don’t realize is these famous investors only deal with entrepreneurs who sold their last company for a $100M dollars or more.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Startup Professionals Musings

APRIL 28, 2021

Almost every entrepreneur and new business owner I mentor is certain that his/her idea has a very high probability of success, and all find it hard to believe that ninety percent of startups ultimately fail. I once met with an entrepreneur who had developed a new algae strain to cure world hunger and make him rich.

Technical Review 329

Technical Review Merger Software Review Acquisition 329

Startup Professionals Musings

DECEMBER 5, 2020

For best results, my advice is to think like an entrepreneur, even if you are a corporate employee. According to many studies, entrepreneurs tend to be happier , and over 80 percent of self-made millionaires are entrepreneurs. Constant search for ways to increase sales and profitability. Marty Zwilling.

Technical Review 294

Technical Review Business Model Employee Sales 294

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. Every successful startup I know has pivoted a couple of times, as they learn what really works in the marketplace and in the sales process.

Startup 424

Startup Bandwidth Distribution Agile 424

Startup Professionals Musings

MAY 1, 2022

Yet I see many technology entrepreneurs that focus on the basics of marketing too little and too late. Craft a no-follow-up sales letter, after you have positioned yourself as the right expert, with powerful testimonials. Instead of asking themselves “How and when will this generate sales?” They will call you back.

Marketing 353

Marketing Technical Review Social Media Technology 353

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. Every inventor seems to think their invention is worth a million dollars, but I haven’t seen anyone pay that much for one yet.

Technical Review 391

Technical Review Intellectual Property Early Stage Global 391

Startup Professionals Musings

OCTOBER 22, 2021

Many aspiring entrepreneurs are looking to the Internet as an opportunity to get rich quick, instead of a place where you can start a business you love, for very little capital and minimal technical expertise. A great way to make more money more easily online is to replace one-time sales with automatically renewing subscriptions.

Technical Review 312

Technical Review Software Review Internet Revenue 312

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. Businesses require an equally elegant business model, with the right price, messaging and delivery channel to the right target customers to keep the dream alive and growing.

Technical Review 399

Technical Review Product Advisory Board Business Model 399

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. These attributes include the following: Specific moment-in-time indication.

Elevator Pitch 313

Elevator Pitch Technical Review Boston Sales 313

Startup Professionals Musings

AUGUST 13, 2022

I still have to tell some entrepreneurs that even with the best idea, they have to move to Silicon Valley to find the investors they need, or they need to move to the U.S. billion dollar sale to Oracle from Bozeman, Montana. get the attention of the market they choose. That’s not a big margin, but every little bit counts in this space.

Las Vegas 309

Las Vegas Silicon Valley Arizona Montana 309

Startup Professionals Musings

FEBRUARY 6, 2021

I see entrepreneurs every day who are trying to change the world with a new idea, and startups that are trying to survive their hyper-growth phase by changing processes to meet demand. Here are ten of the key questions that apply equally well to the world of startups and entrepreneurs, as they do to large organizations.

Metrics 387

Metrics Technical Review Leadership Framework 387

Startup Professionals Musings

MARCH 6, 2021

Entrepreneurs should sign every check and manage cash personally, rather than delegate this task to anyone. Too many entrepreneurs hate the numbers side of the business, so they assume their accountants will warn them of danger signs. If you fail to pay a cash obligation when it is due, the business is technically insolvent.

Technical Review 379

Technical Review Finance Startup Salary 379

Startup Professionals Musings

MAY 25, 2020

The last thing a new entrepreneur wants to think about for a new startup is how it will end. If the entrepreneur plans to grow the company into a family business, or keep it private, they will either never be interested in buying out investors, or will certainly not be motivated to provide the 10x return that investors are looking for.

Exit Strategy 376

Exit Strategy Startup Private Equity Equity 376

Startup Professionals Musings

MARCH 4, 2020

Business success is all about having the best team, yet the average entrepreneur has little prior experience with hiring people and building top-notch teams. Most new entrepreneurs assume their passion will attract and motivate the right team members. Hiring before organizational structure is defined.

Hiring 339

Hiring Matching Cost Internet 339

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. This is the mysterious and dreaded due diligence process, which can kill the whole deal. Traction in the marketplace.

Technical Review 296

Technical Review Due Diligence Term Sheet Bankruptcy 296

Startup Professionals Musings

FEBRUARY 9, 2020

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. The sales professional.

Technical Cofounder 308

Technical Cofounder Cofounder Advisory Board Stock Options 308

Startup Professionals Musings

MARCH 14, 2022

My recommendation to entrepreneurs is to recognize these concerns as an opportunity to make people’s life better, rather than worry and dodge the risk. They merely highlighted consumer privacy rights, with much hand-wringing about big bad companies that are capturing shopping habits without consumer knowledge on the Internet.

Technical Review 342

Technical Review Customer Social Network Software Review 342

Startup Professionals Musings

APRIL 24, 2021

To complement local face-to-face networking, you can always use one of the many online matchmaking sites that have sprung up in the last few years, like CoFoundersLab and Startbee (think eHarmony™ for entrepreneurs, or Match.com meets LinkedIn). He must nail down a sales process that fits the domain and economy.

Exit Strategy 407

Exit Strategy Leadership Founder Networking 407

Startup Professionals Musings

JUNE 1, 2020

I recommend that every entrepreneur and small business investigate and implement as many as possible of his seven new business force multipliers that I will paraphrase here: Information sharing through social media networks. User generated content that is immediately available to other users is another positive force multiplier.

Silicon Valley 312

Silicon Valley Flash Social Media Software Review 312

Startup Professionals Musings

NOVEMBER 4, 2022

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. The sales professional.

Technical Cofounder 309

Technical Cofounder Cofounder Advisory Board Startup 309

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. Every successful startup I know has pivoted a couple of times, as they learn what really works in the marketplace and in the sales process.

Startup 287

Startup Bandwidth Distribution Agile 287

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. It’s always impressive to have stand-alone supporting documents for product specifications, sales plan details, and backup financial reports.

Technical Review 310

Technical Review Angel Investor Business Plan Social Media 310

Startup Professionals Musings

NOVEMBER 28, 2022

Business success is all about having the best team, yet the average entrepreneur has little prior experience with hiring people and building top-notch teams. Most new entrepreneurs assume their passion will attract and motivate the right team members. Hiring before organizational structure is defined.

Cost 260

Cost Hiring Matching Internet 260

Startup Professionals Musings

MARCH 4, 2023

I recommend that every entrepreneur and small business investigate and implement as many as possible of his seven new business force multipliers that I will paraphrase here: Information sharing through social media networks. User generated content that is immediately available to other users is another positive force multiplier.

Silicon Valley 265

Silicon Valley Flash Social Media Software Review 265

Startup Professionals Musings

MAY 19, 2023

Entrepreneurs who experience success with their first startup are often amazed to realize that the risks and fears of doing it right the second time go up, rather than down. Encores are tough, especially in the high-risk world of startups, yet every entrepreneur I know can’t wait to start over and do it again.

Technical Review 229

Technical Review Due Diligence Business Model Demand 229

Startup Professionals Musings

DECEMBER 18, 2022

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. It’s always impressive to have stand-alone supporting documents for product specifications, sales plan details, and backup financial reports.

Business Plan 273

Business Plan Technical Review Angel Investor Social Media 273