When entrepreneurs come to me with that “million dollar idea,” I have to tell them that an idea alone is really worth nothing. It’s all about the execution, and investors invest in the people who can execute, or even better, have a history of successful execution. Execution is making things happen,
Read More
These stories submitted by Martinzwilling will be featured BizSugar's homepage
Startups Are All About the Execution, So Tell Me How
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4418 days ago
6 Key Attributes of a Winning Business Culture
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4419 days ago
I’m seeing a renewed appreciation of culture and values in business these days. Maybe it’s just another example of nature abhorring a vacuum, but I prefer to think it’s a natural evolution of the pervasive social networking communities, where people relate to and expect to interact with businesses
Read More
You Can’t Be the Victim as an Entrepreneur
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4420 days ago
People with a victim mentality should never be entrepreneurs. We all know the role of starting and running a business is unpredictable, and has a high risk of failure. For people with a victim mentality, this fear of failure alone will almost certainly make it a self-fulfilling prophecy.
Read More
7 Ways to Gauge Your Commitment to Your Startup
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4421 days ago
We’ve all heard the old joke “In a bacon-and-egg breakfast, the chicken is involved, but the pig is committed.” This quote epitomizes the true essence of commitment. We all know at least one self-professed entrepreneur who claims to committed, but seems to treat it like a part-time hobby, won’t put
Read More
Keep a Grand Vision but Execute With a Laser Focus
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4422 days ago
It’s great to dream big, but your startup needs a laser focus in the beginning to get market and investor attention. Google did it with search engines, Apple did it with a personal computer, and even Wal-Mart did it through low prices. A business plan I saw a while back to combine all the good feat
Read More
Know the Right Resources for Your Startup Stage
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4423 days ago
Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. That’s like trying to sell part of something to a stranger for big money when you haven’t fully defined it yet. It won’t work, it costs time and money, and hurts your
Read More
Great Businesses Evolve Innovation to a Revolution
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4424 days ago
Great businesses these days start with innovation, and then take it up a few notches to make it a revolution. An example is Google, who turned a new search technology into a tool that most of us couldn’t live without. As an entrepreneur, how do you know if you have the potential to innovate, and wh
Read More
Test Your Business Model Against These 10 Elements
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4425 days ago
You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. There are no “overrides” – for example, businesses don’t thrive just because they offer the latest technology, or because ever
Read More
Smart Entrepreneurs Plan Multiple Rollout Iterations
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4427 days ago
The traditional mode of starting a company is to plan a serial process, where you complete only once all the steps, leading to the “big bang” launch of the company. I strongly recommend a dramatic departure from this model, called “planned iteration,” where you assume you won’t get it right the fir
Read More
10 Tips on the Value of Collaboration in Startups
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4428 days ago
Any entrepreneur with a vision can postulate a new business, but it takes a collaboration of many people to make it a success. Today the complexity of forces required for success include multi-disciplinary skills, competencies, and experiences in which the whole is greater than the sum of the parts
Read More
Subscribe