Don’t charge the hill until you are “ready.” This probably seems obvious to military types, but I see entrepreneurs violating this rule all the time. They approach key potential investors way too early, trying to talk their way up the hill, with no supporting business plan, and before they have a support team around them. Needless to say, they get shot down, and get no second chance
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These stories submitted by Martinzwilling became hot on BizSugar
Many Entrepreneurs Charge The Hill Too Soon
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 5211 days ago
Made Hot by: steeldawn on August 13, 2010 8:23 pm
Don’t Confuse Business Motion With Momentum
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 5218 days ago
Made Hot by: HeatherStone on August 6, 2010 8:11 am
Too many entrepreneurs confuse motion with momentum. We all know someone who repeatedly tells us how “busy” they are, when it’s hard to see what they get done. Momentum is moving things forward (mass x velocity). Founders or employees in constant motion, but with no momentum, will kill any startup
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