Lack of confidence in your self, your product, and your startup is a surefire recipe for disaster. At the other extreme, too much confidence or arrogance can kill you just as fast. It’s always painful when a startup fails, but as a mentor to founders, I would hope that you can learn from these fail
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Martinzwilling voted on the following stories on BizSugar
Ten Quotes That Indicate Your Arrogance is Showing
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From http://blog.startupprofessionals.com 4932 days ago
Learn What Customer Focus Really Means in Sales
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From http://blog.startupprofessionals.com 4933 days ago
All the experts these days are talking about the increasing need for customer focus and maximizing sales. Typically entrepreneurs and even professional sales people think this means more emphasis on the customer selling process, when in fact it means spending more time understanding the customer bu
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Startups Get No Help From an Investment Bank
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From http://blog.startupprofessionals.com 4934 days ago
The name “investment bank” somehow always sounded like a place where I could somehow deposit my investments, and maybe even earn a little interest. Then I learned that these banks really negotiate investments and collect fees on the transactions, sort of like commercial banks do with loans to busin
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Ten Golden Insights From Successful Entrepreneurs
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From http://blog.startupprofessionals.com 4935 days ago
Entrepreneurs are a notoriously stubborn (some say confident) group of people, so I see many of them making the same mistakes that predecessors have made. Thus I’m convinced that it’s useful for all of you to step back from time to time, and listen to some sage advice from people who have been ther
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Five Common Mistakes in Jumping the Corporate Ship
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From http://blog.startupprofessionals.com 4936 days ago
Many people, especially those who have spent years struggling up the corporate ladder, dream of jumping ship and becoming an entrepreneur. But every job move is fraught with risk, and the move from employee to entrepreneur is on the high end of the risk curve. This is a big jump, especially in a do
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Great Entrepreneurs Master Reflective Thinking
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From http://blog.startupprofessionals.com 4937 days ago
Startups and entrepreneurs are drowning in the information overload, where the volume of data created is like a new Library of Congress every 15 minutes. That creates a huge gap between data and meaning, and makes quick decisions and action ever more difficult. We all need to take a little more tim
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Eight Types of Intelligence Make the Entrepreneur
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From http://blog.startupprofessionals.com 4938 days ago
I’ve long believed that entrepreneurs are different. We all know successful entrepreneurs who dropped out of school, and people with high IQs that cannot manage a business. I used to call this “street smarts,” but recently I found a better explanation, called multiple intelligences. Successful entr
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Seven Characteristics of a Committed Entrepreneur
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From http://blog.startupprofessionals.com 4939 days ago
We’ve all heard the old joke “In a bacon-and-egg breakfast, the chicken is involved, but the pig is committed.” This quote epitomizes the true essence of commitment. We all know at least one self-professed entrepreneur who claims to committed, but seems to treat it like a part-time hobby, won’t put
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2011 May be the Year of the IPO for Social Media
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From http://blog.startupprofessionals.com 4940 days ago
It has been at least a decade since going public via an Initial Public Offering (IPO) has been considered a credible exit strategy for startups. But the word is out on Reuters that LinkedIn, Twitter, and maybe even Facebook are looking hard at going public this year, so all of a sudden the IPO opti
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Name the Big Three Social Networks for Business
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From http://blog.startupprofessionals.com 4941 days ago
With the advent of social networking sites like LinkedIn, Twitter, and Facebook, Internet usage has totally morphed, from a serious business medium, to a social and fun medium that still means business. Regular people now build business applications with “mashup” technology, rather than hiring prog
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