You don’t need to invent an innovative product to be a real entrepreneur. Self-employed services specialists are just as important, and are a growing part of this new “age of the entrepreneur” that I discussed last week. Many of these new entrepreneurs were regular employees a few years ago, focuse
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These stories submitted by Martinzwilling will be featured BizSugar's homepage
Entrepreneurs Can Thrive on Services or Products
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4812 days ago
When, Where, and How to Raise Venture Capital
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4814 days ago
At one point or another, most entrepreneurs find themselves in a place where they could use money. And oftentimes, they could use a lot of money. These entrepreneurs often dream about how much they could accomplish if they had millions in the bank. All the people they could hire. All the products t
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The ‘Big Bang’ Theory Doesn’t Work for Startups
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4815 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
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Entrepreneurs Need to Recognize Their Limitations
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4816 days ago
If you are going to be a real entrepreneur, it’s important that you know yourself well. After all, you won’t have a direct manager charged with giving you feedback, and your direct reports probably will be afraid to tell you what they really think.
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Ten Tips to Business Risk Without Reckless Abandon
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4817 days ago
Being a risk taker in business is not the same as being reckless. Nevertheless, the word “risk” has a negative connotation to most of us, implying danger and possible loss. For true entrepreneurs, risk is viewed as a positive, with its implied challenge to overcome the unknown and hitting the big r
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You Don’t Need to be Rich to be an Entrepreneur
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4818 days ago
I come from a high-tech software background, and only a few years ago, it would cost at least a million dollars ($1M) for a team of professionals to produce any commercial software product. Now, with open source software components, and low-cost development tools, the same job can be done by one go
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A Victim Mentality Will Doom an Entrepreneur
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4819 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.
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Find an Angel Investor, Without Going Through Hell
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4820 days ago
If your startup is looking for an angel investor, it makes sense to present your plan to flocks of angels, and assume that at least one will swoop down and scoop you up. Or does it? Actually numbers and locations are just the beginning. The challenge is to find the right angel for your, and for you
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Learn Strategies for Tapping into Foreign Markets
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4820 days ago
Is your business tapping into foreign markets? If you haven't broken out of your domestic market, you are missing out on a big business opportunity. The idea of selling overseas is attractive to many small and medium-sized businesses. But many small business owners abandon any thought of selling ab
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How to Succeed With Today’s Empowered Customers
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4822 days ago
You can’t succeed in your new startup if you can’t win customers, and the new Internet-empowered customers are tough. They are in control, and they no longer care where or from whom they buy. They do have a specific purchase progression with key milestone moments that determine your win or loss out
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