As an entrepreneur, you know the world changes constantly, and you know the value of being able to adapt quickly. But changes to your startup need to be done for cause, well thought out, and communicated effectively to all impacted parties. Don’t lose your focus, or allow your operation to descend
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Martinzwilling voted on the following stories on BizSugar
Changes are Inevitable, But Don’t Lose Your Focus
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From http://blog.startupprofessionals.com 5110 days ago
How to Take Your Startup Elevator Pitch to the Top
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From http://blog.startupprofessionals.com 5111 days ago
An "elevator pitch" is a concise, well-practiced description of your startup and your plan, delivered with conviction and enthusiasm, that your mother should be able to understand in the time it would take to ride up an elevator. Everybody knows about these, but few people seem to deliver a good on
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Startups Wait For the ‘Super Angels’ to Descend
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From http://blog.startupprofessionals.com 5112 days ago
It is no secret that the world of venture capital (VCs) has been turned upside down by the recession, and the many other changes in the marketplace. I see now emerging a new wave of investors, popularly known as “super angels,” micro-VCs, or “super-seed” investors. Every early-stage startup should
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Startup Competitors Watch From Five Directions
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From http://blog.startupprofessionals.com 5113 days ago
One of the key sections of any business plan is the analysis of the competition. I especially love the ones that start and end by saying “We don’t have any competitors.” Investors take that to mean either 1) there is no market for your product, or 2) you don’t understand the concept of business and
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Nine Principles of Leadership for Entrepreneurs
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From http://blog.startupprofessionals.com 5114 days ago
Creating and building a business is not a one-man show. It requires a team effort, or at least the ability to build trust and confidence among key players, and effectively communicate with partners, team members, investors, vendors, and customers. These actions are the hallmark of an effective lead
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Ten Components of Startup Valuation For Investors
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From http://blog.startupprofessionals.com 5115 days ago
Once you have a potential investor excited about your team, your product, and your company, the investor will inevitably ask “What is your company’s valuation?” Many entrepreneurs stumble at this point, losing the deal or most of their ownership, by having no answer, playing coy, or quoting an exor
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Ten of the Worst Reasons for Starting a Business
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From http://blog.startupprofessionals.com 5116 days ago
Every entrepreneur needs to be honest about their strengths and weaknesses, and realistic about their reasons for choosing the startup route. For any entrepreneur, even the best business opportunities, if entered for the wrong reasons, will likely fail. Some of these reasons seem obvious, so forgiv
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Ten Myths About Innovation – Startups Beware
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From http://blog.startupprofessionals.com 5118 days ago
Most people think innovation is all about ideas, when in fact it is more about delivery, people, and process. Entrepreneurs looking to innovate need to understand the execution challenge if they expect their startup to carve out a profitable niche in the marketplace, and keep innovating to build an
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Don Estridge, IBM PC Father, Startup Role Model
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From http://blog.startupprofessionals.com 5119 days ago
My introduction to startups really came when I first worked in IBM with Philip Donald Estridge back in 1981. Known as Don Estridge, he led development of the original IBM Personal Computer, and thus is known as "father of the IBM PC". He’s gone now, but I still remember him fondly.
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Nine Ways to Work Less and Do More In Your Startup
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From http://blog.startupprofessionals.com 5120 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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