If you are an entrepreneur starting a business for the first time, I recommend that you find a product concept that is already accepted and improve on it, rather than tackling that ultimate disruptive technology. Notice that I’m not suggesting that you steal someone else’s idea, but simply limit yo
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Martinzwilling voted on the following stories on BizSugar
Imitation With Innovation Reduces Risk in Startups
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4816 days ago
7 Keys to the Ideal Mental Age for an Entrepreneur
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4817 days ago
To be an entrepreneur, you have to be navigate lots of unknowns, and the path is fraught with risk. Once you are past a certain mental age, you know too many of the things that can go wrong, so you never start. Sort of like the old saying that if we didn’t have young men to fight our wars, we could
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A Growing Startup Should Only Hire Entrepreneurs
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4818 days ago
Every startup lucky enough to get some traction gets to the point where they decide to hire some “regular employees” for sales, marketing, and administrative tasks. Then they are surprised to see productivity and creativity take a big dip. What they should be doing is hiring only “entrepreneurs,” m
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Imagine a Dating Site for B2B Strategic Partners
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4819 days ago
People tell me there are over 5,000 online dating sites, but I couldn’t find one that focused on matchmaking business-to-business (B2B) relationships. Yet, every business expert tells me that finding good business partners is just as tricky as a good marriage, without the sex.
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Seven Maxims That Have Led to Startup Success
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4820 days ago
Even though I have seen many startups succeed, and many that failed, I still struggle with what really makes the difference. It seems like some CEOs are just more tuned in to the market realities, customer dynamics, people interactions, and are better leaders. But what does that really mean?
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Entrepreneurs Can Thrive on Services or Products
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4821 days ago
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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Start With Innovation, Then Make it a Revolution
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4822 days ago
Made Hot by: Sun Tzu Business Guide on February 23, 2011 3:38 am
Great startups 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 what
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When, Where, and How to Raise Venture Capital
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4823 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 4824 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 4825 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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