The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. If your forte is a service, like consulting or web site design, it’s
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These stories submitted by Martinzwilling became hot on BizSugar
Startups Providing A Service Are Difficult To Scale
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 2816 days ago
Made Hot by: SimplySmallBiz on August 20, 2016 12:30 pm
How To Match Your Startup Stage To Investor Interest
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 2820 days ago
Made Hot by: logistico on August 17, 2016 11:06 am
Time is too precious to waste trying to close a deal with the wrong investors at the wrong time. Luckily, not all investors are looking for the same thing, so it pays to know what type of investors are most interested in what your startup brings to the table.
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How To Move From An Entrepreneur To Manager Or Fail
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 2821 days ago
Made Hot by: sophia2 on August 16, 2016 10:33 am
As a business advisor, I have too often seen technical entrepreneurs get a product or service off the ground with ease, but then struggle mightily when their business reaches a couple of million in annual sales, or the employee count grows beyond a handful. It’s at this stage that the job changes f
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7 Ways That Startup Competitors Can Win By Partnering
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 2823 days ago
Made Hot by: maestro68 on August 13, 2016 11:40 am
Entrepreneurs seem to have blinders on when looking at competitors. Generally they are so focused on killing competitors that they fail to see the positive potential of a strategic partnership or some other type of collaborative relationship. Sometimes you have to put aside the emotion and the pass
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When Did Profit Become A Bad Word For Entrepreneurs?
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 2825 days ago
Made Hot by: FutureVision on August 10, 2016 3:05 pm
As a startup advisor and investor, I find that more and more entrepreneurs avoid using the term “profit” in pitching their new venture. They seem to feel it conveys a message of personal enrichment at the expense of others. My view is that the purpose of every business is to make a profit, as fuel
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7 Ways To Attract Customers Without Viral Marketing
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 2827 days ago
Made Hot by: leonesimmy on August 9, 2016 10:02 am
Contrary to popular opinion, viral marketing has not eliminated the need for old-fashioned lead generation to bring customers to a startup. Indeed, while the rules and technologies for lead generation have changed, Forrester and other experts still see it as the most effective way for businesses wi
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7 Face-Saving Reasons To Quit Your Business Venture
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 2830 days ago
Made Hot by: businessluv on August 6, 2016 1:27 pm
When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Rather than quitting, there are always alternatives, like pivoting the business model or merging with new partners for support
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5 Key Factors Of Personal Resilience Lead To Success
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 2833 days ago
Made Hot by: robinandy58 on August 3, 2016 9:11 am
You can’t survive as an entrepreneur without resilience, because you are going to fail at least once, maybe multiple times. That’s the nature of trying something that’s never been done before. Resilience means not giving up, and being energized by what you have learned. As Thomas Edison said, "I ha
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6 Principles For Proper Use Of Funds From Investors
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 2834 days ago
Made Hot by: NolanGreen on August 2, 2016 1:46 pm
Entrepreneurs looking for investor funding often fail to realize that all money comes with strings. For example, if you have watched the Shark Tank TV series, you probably noticed that the Sharks always ask the entrepreneurs for their intended “use of funds.” Those who respond with one of the wrong
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8 Initiatives To Increase Your Business Growth Curve
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 2835 days ago
Made Hot by: bizyolk on July 31, 2016 7:20 pm
A common pain of startups after an exhilarating first surge of early adopters is a long and frustrating plateau of slow growth, where it seems like nothing you do will get your business to profitability. Too many entrepreneurs don’t know what to do at this point, largely accounting for that disappo
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