One of the toughest decisions for a startup is how to price their product or service. The alternatives range from giving it away for free (like Twitter), to pricing based on costs, to charging what the market will bear (premium pricing). The implications of the decision you make are huge, defining
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Martinzwilling voted on the following stories on BizSugar
10 Top Business Models for New Ventures Today
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4580 days ago
10 Smart Risks That Every Business Should Seek Out
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4581 days ago
Made Hot by: smallbizsavvy on April 23, 2012 1:13 pm
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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6 Key Actions to Keep Your Startup From Thrashing
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4582 days ago
Successful startups are all about turning ideas into action quickly and efficiently. These actions must be the hard part, since entrepreneurs always seem to come to me with ideas, and ask me for help on the actions. That has always seemed strange to me, since the magic is supposed to be in the idea
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Lessons For Entrepreneurs on How to Accomplish More
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4583 days ago
The universal challenge of every startup founder is to get everything done that needs to get done, and still have a life. Even outside of business, everyone wants to accomplish more, while working less. I’ve been a student of these techniques for some time, but recently I saw a great summary that s
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10 Ways That Entrepreneurs Need to be More Open
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4584 days ago
The emergence of social networking and the Internet has caused a new focus and value on “openness,” which leads to a new element of leadership, called “Open Leadership.” The mantra of open leadership is “Be Open, Be Transparent, and Be Authentic.” This is counter to the traditional business premise
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Early Predictors of Long-Term Survival for Startups
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4585 days ago
I’m always looking for evidence of early startup characteristics that might be predictors of long-term success. Every investor has his own list, usually based on his own very small sample, or simply his gut feeling. Of course, we would all like to have a magic list based on more definitive tracking
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Startup Leaders Today Mentor More Than Dictate
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4586 days ago
Startups provide leadership in the market. Entrepreneurs provide leadership to their startup. There are many styles of leadership, like dictatorial, laissez-faire, and democratic. One that I hear discussed more these days, in this age of relationships, is called “servant” leadership.
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Entrepreneurs Have to Move Fast or Get Run Over
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4587 days ago
In today’s business startup environment, if you don’t move fast, you get run over. Without a sense of urgency, people and businesses just can’t move fast enough. Speed is the driver because customers have a zero tolerance for waiting, and there are always competitors gaining on you.
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How to Help Your Startup Qualify for a Bank Loan
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4588 days ago
A common question I get is “How do I get a bank loan to fund my startup?” The default answer is that it probably won’t happen, because most banks just don’t make bank loans to startups. The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the
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Why Being a Successful Entrepreneur Takes Practice
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4589 days ago
Entrepreneurs seem more quickly frustrated these days when their “million-dollar idea” doesn’t turn into a sustainable business overnight. They don’t realize that it takes many skills to build a business under the best of circumstances, and today’s world of instant gratification doesn’t leave room
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