article thumbnail

8 Strategies To Capitalize On Untapped Global Markets

Startup Professionals Musings

In my experience, the Silicon Valley startup model, focused on disrupting established industries, has treated the USA well and created some great global businesses. In effect, Silicon Valley needs to take a more global perspective. Target a global market rather than a local from day one.

Global 345
article thumbnail

8 Keys To Real Innovation Outside of Silicon Valley

Startup Professionals Musings

In my experience, the Silicon Valley startup model, focused on disrupting established industries, has treated the USA well and created some great global businesses. In effect, Silicon Valley needs to take a more global perspective. Target a global market rather than a local from day one.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Key Rules To Stay Competitive In The Digital World

Startup Professionals Musings

In case you hadn’t noticed, the key elements of a competitive advantage for your business have changed as businesses move online, and your domain is instantly global. As a simple example, the Wal-Mart website now shows shoppers more products that they may like, based on previous purchases.

article thumbnail

5 Phases Of Every Startup That Regulate Your Success

Startup Professionals Musings

By definition, most startups begin as a result of some innovation in product, process, or service. The problem is that innovations in most business areas are coming so fast these days that yours can be overrun while still being scaled up across geographies and other products. Product-line expansion. Geographic expansion.

Dilution 355
article thumbnail

7 Reasons That Investors Won’t Fund Inventions Alone

Startup Professionals Musings

According to an old Harvard Business Review article, many people in history, famous for their inventions, like Thomas Edison, were entrepreneurs who only later were remembered as inventors of the products they commercialized. Technology limited to a single product is seldom enough for a business. Lock in your sustainable advantage.

article thumbnail

Revolutionizing Employee Feedback: Modern Approaches to Performance Reviews

The Startup Magazine

Additionally, constructive and future-oriented feedback motivates employees to synchronize their objectives with the organization’s vision, helping to create a workforce that is not only satisfied but also highly productive and aligned with company objectives.

article thumbnail

9 Success Principles To Propel Your Next New Venture

Startup Professionals Musings

Look for needs that have a global appeal to a wide demographic. Products that can be easily produced and sold via multiple channels, including the Internet, are more easily scaled world-wide. Global considerations include culture differences and translation. Develop a product line and add alternate channels.

Merger 386