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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

For the rest of us, we need a business plan, as well as a product plan. Some of you may be convinced that your product specification communicates the product message even better than a business plan, so why be redundant? Professional investors and even customers invest in people, rather than just a product.

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6 Keys To Aiming Your Product To Mainstream Customers

Startup Professionals Musings

The good news is that early adopters are never reluctant to sign up as beta customers and will provide you early feedback on product quality. At some point, this becomes compulsive engineering, and the tradeoffs in time to market, cost, and user friendliness move the product out of the intended market.

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Effective Time Management for Entrepreneurs

The Startup Magazine

Juggling multiple responsibilities and ensuring productivity can be challenging without effective time management strategies. Avoid Multitasking Multitasking may appear beneficial but often leads to decreased productivity and increased mistakes.

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Finding and Growing the Islands of Innovation inside a large company – Action Plan for A New CTO

Steve Blank

Anthony had long come to the same conclusion I had, that highly visible corporate incubators do a good job of shaping culture and getting great press, but most often their biggest products were demos that never get deployed to the field. Had a continuous customer discovery to create products that customers need and want.

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The Case for Optimism and Risk at Startups

Both Sides of the Table

We will persevere and move forward together,” to which the CEO added “The future rests in many ways on hard days like this, but we believe we owe it to the team to understand this and to move forward. of Elon’s ideas to come to fruition and let him fail on the rest. When we ship product. We will do that.

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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Consider licensing your product or intellectual property, and “white labeling.”

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8 Strategies To Capitalize On Untapped Global Markets

Startup Professionals Musings

The idea is to build excellence in one area, and get the rest from the ecosystem. In other parts of the world, innovators often need to develop both the ultimate product or service, as well as the enabling infrastructure that underpins it. It’s also a good defensive move, to preempt competition, which is bound to come world-wide.

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