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6 Startup Lessons Learned By Passionate Entrepreneurs

Startup Professionals Musings

In my own experience with technical startup founders, I still find it hard to name one who was also good, or even interested in financials or business operations. You need a dedicated team, gleaned from your network of informal connections between family members, friends, and individual relationships with other professionals.

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7 Key Startup Activities Where Follow-Up Is Critical

Startup Professionals Musings

I can think of several related aspects of starting and running a business where follow-up, or lack of it, can make or break your startup. Here are a few: Business networking. For entrepreneurs, effective networking is required to find investors, partners, and customers. Investor negotiations.

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8 Tips For Getting Your Startup Right The First Time

Startup Professionals Musings

Who would not want to join the unicorns (recent startups with a current valuation of over $1 billion)? Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S. Networking no longer is primarily a face-to-face serial activity.

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5 Reasons To Enlist Outside Advisors For Your Startup

Startup Professionals Musings

In my experience as an angel investor for new startups, I’m always surprised by how many entrepreneurs are looking for funding without outside advisors. Key board members multiply your networking efforts. An experienced Board can give them credibility, as well as advice on the many pitfalls of starting a new company.

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10 Tips On Selling Yourself As Well As Your Startup

Startup Professionals Musings

Too many entrepreneurs I know still believe that that their great idea will carry the startup, and they may even minimize their own value, especially if they have introvert tendencies. Everyone needs to realize that whether it’s in the workplace or in the startup community, business is a new world today with new rules.

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5 Steps To Finding The Best Investor For Your Startup

Startup Professionals Musings

Even though the color of their money is always green, all startup investors are not the same. Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan. It’s no fun for either side.

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6 Tips For When And How To Disclose Your Startup Idea

Startup Professionals Musings

Thus, based on my experience as an entrepreneur as well as a startup investor, there are indeed situations where a non-disclosure is highly recommended, and others where the potential good far outweighs the risk. The same is true for people who may approach you at networking events or industry conferences. Build trust first.