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How to Handle Competition as a Startup

The Startup Magazine

Success often hinges on careful strategic planning and adapting to market shifts. Entrepreneurs need to define their market niche and craft effective competitive strategies to counteract competitive pressures. Source Leverage Advanced Technologies Harnessing advanced technologies can transform how startups operate and compete.

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I Haven’t Seen A Startup Yet Thrive Without Marketing

Startup Professionals Musings

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. First of all, Seth Godin pointed out a long time ago that viral marketing does not equal word-of-mouth. Seed viral activity.

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The Benefits of Using Furniture Retail Software for Streamlining Operations

The Startup Magazine

Improving Inventory Management System Effective inventory management is crucial for the success of operations. Improved forecasting methods also aid in predicting market changes, allowing retailers to stay ahead of the competition. This piece delves into how furniture retail software improves effectiveness.

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8 Key Principles To Prepare For Invading A New Market

Startup Professionals Musings

Many of you don’t like to think of it this way, but penetrating a target market with your startup is a lot like a military invasion. Too many entrepreneurs push their product out without the proper scouting on high return or weak points in the existing market. Use your new features or innovation to quickly get a foothold in the market.

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The Startup’s Guide to Avoiding Customer Delays with Smart ERP Solutions

The Startup Magazine

Startups often juggle multiple priorities with limited resources, making it easy for delays to creep into operations. Reactive Problem-Solving: Startups often operate in firefighting mode. Moreover, delays increase operational costs. Even a single unsatisfied customer can lead to negative reviews that deter future business.

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Airbnb S-1 (Part 1): So How Profitable Is This Thing Really?

View from Seed

Airbnb’s bookings have rebounded to roughly 70-80% of what they were in 2019 pre-COVID whereas global hotel companies like Marriott and Hilton are operating at roughly 35-40% of where they were in fall 2019. But even with this profitable Q3, on a trailing twelve months (TTM) basis Airbnb has a GAAP net loss of >$1 billion.

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Even the Smartest VCs Sometimes Get it Wrong – Bill Gurley and Regulated Markets

Steve Blank

He illustrated his talk with regulatory horror stories in the telecom market , electronic health records , and Covid antigen tests. Unfortunately, for startups entering a regulated market following this advice this might not be the optimum path. But regulated markets are different. Regulation What’s regulatory capture?