Every startup founder knows implicitly that startup success is a long hard road. Yet we always dream that we are the exception to the rule. So once in a while it’s good to look at some facts to temper our imagination.
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Martinzwilling voted on the following stories on BizSugar
Guess How Long Overnight Success Really Takes
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4954 days ago
Avoid Startup Opportunity Bubbles Ready To Burst
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4955 days ago
In finance, a bubble is too much money chasing assets, greater asset production and a herd mentality. In startup business plans, a bubble is too many entrepreneurs and too many investors chasing the latest “next big thing,” like Google search engine, Facebook social network, or Amazon e-commerce si
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Don’t Ask Known Investors to Sign Non-Disclosures
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4956 days ago
Entrepreneurs often get the advice from their lawyers and friends to always get a Non-Disclosure Agreements (NDA or CDA) signed before disclosing anything about their new venture. Most investors and startup advisors I know hate them, and refuse to sign them. Who is right?
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Should Startup Founders Keep Their Day Job?
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4957 days ago
Many entrepreneurs I know feel guilty about not quitting their day job when initiating their startup, worrying about not giving their all to an employer, juggling the multiple roles, or even a legal conflict of interest. I’ll try to offer some guidelines to address these issues, but I generally rec
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Four Easy Steps to Credible Startup Financials
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4958 days ago
Many entrepreneurs actually refuse to do financial projections beyond the first year, insisting that no one can predict the future. They need to realize that investors ask for projections, not merely as predictions, but more as commitments from the founder and his team. If you are not willing to co
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Startups, Check Your Budget For Viral Marketing
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4959 days ago
Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. The founder explains that the product is so “buzz-worthy” that usage will spread rapidly through word-of-mouth only, meaning people loving
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Social Networks Don’t Automate Personal Contacts
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4960 days ago
We all intuitively believe in maintaining personal and business contacts, but most of us don’t do well in this area. It takes real time and hard work to maintain contacts. Social networking can help, but a large list of online friends and followers is no substitute for a smaller list of personal an
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Ignoring Business Basics Can Kill Your Dream
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4961 days ago
I’ve noticed a great tendency among startup founders to ignore the essentials of business accounting in the early stages of their startup. Just because you are not profitable yet, doesn’t mean you can skip the record keeping.
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To Survive the Rebound Will Require More Agility
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4962 days ago
Prior to the recession, many companies and even startups were acclimated to prosperity, maybe too comfortable. We have now been through some turbulent times, but has your strategy really changed? All too many have simply hunkered down to wait out the economy.
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Nine Habits That Make Contagious Startup Leaders
Posted by martinzwilling under StartupsFrom http://blog.startupprofessionals.com 4963 days ago
Startups provide business leadership with new products, services, and new revenue models, but leadership startups can only be built by entrepreneurs who are leaders themselves, and incent leadership in the people around them. Leadership which incents other people to be leaders is called “contagious
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