Every startup needs a couple of advisors with deep experience and connections in your business domain or financial skills to complement your technical focus. Advisors need to be mentors, looking ahead and directing you on key actions to take or avoid. Unfortunately, many prefer the role of critic,
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These stories submitted by Martinzwilling will be featured BizSugar's homepage
Startup Professionals Musings: 5 Ways To Separate Advisor Relationships From Critics
Posted by martinzwilling under StartupsFrom https://blog.startupprofessionals.com 597 days ago
6 Ways To Improve Your Odds Of New Business Success
Posted by martinzwilling under StartupsFrom https://www.linkedin.com 601 days ago
Almost every entrepreneur and new business owner I mentor is certain that his/her idea has a very high probability of success, and all find it hard to believe that ninety percent of startups ultimately fail. They always ask me for the key reasons that other people fail, but because I’ve seen so man
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9 Crucial Elements Of Every New Venture Funding Pitch
Posted by martinzwilling under StartupsFrom https://www.linkedin.com 603 days ago
As a long-time advisor to entrepreneurs and occasional angel investor, I often see and hear innovative product pitches that sound exciting, but are missing one or more of the key business elements that investors deem critical for funding consideration. We all hate to see your proposal rejected, whe
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Startup Professionals Musings: 6 Marketing Accelerators For Boosting Business Growth
Posted by martinzwilling under StartupsFrom https://blog.startupprofessionals.com 609 days ago
The days of “if we build it, they will come” are gone. Great marketing is required to generate revenue and grow every business, especially new businesses which have no brand recognition nor loyal customer base. Yet, as a business consultant, I still find many of you business leaders relying primari
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10 Tactics To Shorten Your Race To Cash-Flow Positive
Posted by martinzwilling under StartupsFrom https://www.linkedin.com 610 days ago
As I’m sure you are aware, surviving that first couple of years as a new business is a huge challenge, waiting for cash flow to turn positive. In my experience as a business advisor and occasional investor, many of you won’t make it that far, succumbing to the high costs of getting those first cust
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Startup Professionals Musings: 5 Keys To Achieving Memorable Competitive Distinction
Posted by martinzwilling under StartupsFrom https://blog.startupprofessionals.com 611 days ago
Every entrepreneur believes that their product or service is memorable, and that every customer will quickly see the advantage over competitors. Yet true product differentiation in the eye of the customer is rarely achieved. According to an old but still relevant survey by Bain & Company, 80% of bu
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Startup Professionals Musings: 8 Reasons That Startups Need To Think Like An Invader
Posted by martinzwilling under StartupsFrom https://blog.startupprofessionals.com 612 days ago
Winning customers as an entrepreneur in a startup has many parallels to a young army trying to penetrate some formidable new and unfamiliar territory. You need a strategy as well as a goal, and you need to pick your battles well. Even in this age of purpose before profits, a business won’t survive
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Startup Professionals Musings: 6 Mistakes Often Made Positioning Against Competition
Posted by martinzwilling under StartupsFrom https://blog.startupprofessionals.com 613 days ago
Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. How an entrepreneur answers this question speaks volumes about their knowledge of business realities, customers,
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Startup Professionals Musings: 10 Remote Staffing Blunders That Will Cost You Dearly
Posted by martinzwilling under StartupsFrom https://blog.startupprofessionals.com 614 days ago
These days, it is almost impossible to find a small business where everything is done by full-time employees, in the office or at home. We are in the age of outsourcing, by any of many popular names, including subcontracting, freelancing, and virtual assistants. These approaches allow your startup
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6 Keys To Finding The Right People For A Winning Team
Posted by martinzwilling under StartupsFrom https://www.linkedin.com 615 days ago
If you are a new business owner or entrepreneur, you are likely to be creative and willing to take a risk, and you probably assume that most potential team members have the same mindset. Unfortunately, the reality is that not everyone has that mindset, and one of your toughest jobs is to find the r
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