As I’m sure you are aware, surviving that first couple of years as a new business is a huge challenge, waiting for cash flow to turn positive. In my experience as a business advisor and occasional investor, many of you won’t make it that far, succumbing to the high costs of getting those first cust
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Martinzwilling voted on the following stories on BizSugar
10 Tactics To Shorten Your Race To Cash-Flow Positive
Posted by martinzwilling under StartupsFrom https://www.linkedin.com 734 days ago
Startup Professionals Musings: 5 Keys To Achieving Memorable Competitive Distinction
Posted by martinzwilling under StartupsFrom https://blog.startupprofessionals.com 735 days ago
Every entrepreneur believes that their product or service is memorable, and that every customer will quickly see the advantage over competitors. Yet true product differentiation in the eye of the customer is rarely achieved. According to an old but still relevant survey by Bain & Company, 80% of bu
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Startup Professionals Musings: 8 Reasons That Startups Need To Think Like An Invader
Posted by martinzwilling under StartupsFrom https://blog.startupprofessionals.com 736 days ago
Winning customers as an entrepreneur in a startup has many parallels to a young army trying to penetrate some formidable new and unfamiliar territory. You need a strategy as well as a goal, and you need to pick your battles well. Even in this age of purpose before profits, a business won’t survive
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Startup Professionals Musings: 6 Mistakes Often Made Positioning Against Competition
Posted by martinzwilling under StartupsFrom https://blog.startupprofessionals.com 737 days ago
Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. How an entrepreneur answers this question speaks volumes about their knowledge of business realities, customers,
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Startup Professionals Musings: 10 Remote Staffing Blunders That Will Cost You Dearly
Posted by martinzwilling under StartupsFrom https://blog.startupprofessionals.com 738 days ago
These days, it is almost impossible to find a small business where everything is done by full-time employees, in the office or at home. We are in the age of outsourcing, by any of many popular names, including subcontracting, freelancing, and virtual assistants. These approaches allow your startup
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6 Keys To Finding The Right People For A Winning Team
Posted by martinzwilling under StartupsFrom https://www.linkedin.com 739 days ago
If you are a new business owner or entrepreneur, you are likely to be creative and willing to take a risk, and you probably assume that most potential team members have the same mindset. Unfortunately, the reality is that not everyone has that mindset, and one of your toughest jobs is to find the r
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Startup Professionals Musings: 6 Risks For Taking A Side Door Into A Public Exchange
Posted by martinzwilling under StartupsFrom https://blog.startupprofessionals.com 740 days ago
With the current volatile economy, as an active startup mentor, I’m seeing a new surge of entrepreneurs and startups, with the commensurate scramble for funding. There just aren’t enough angel investors and VCs to go around. Thus I’m getting more questions on new mechanisms, like crowd funding, or
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7 Reasons Many Owners Fail To Focus On Systemization
Posted by martinzwilling under StartupsFrom https://www.linkedin.com 741 days ago
In my experience, one of the biggest mistakes I see you make as a startup or new business owner is to create a business that is totally dependent on you. That means you are the only one who knows how the business works, you make all decisions, and progress grinds to a halt when you are away. That m
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Startup Professionals Musings: 10 Keys To Surviving Startup Cash Flow Requirements
Posted by martinzwilling under StartupsFrom https://blog.startupprofessionals.com 742 days ago
Made Hot by: JoshRed on September 20, 2022 11:10 am
The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. I often get asked about the real alternatives to bridge this
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Startup Professionals Musings: 8 Key Principles Applied By The Best Business Leaders
Posted by martinzwilling under StartupsFrom https://blog.startupprofessionals.com 743 days ago
Made Hot by: businessgross on September 18, 2022 7:57 pm
Maybe starting a new business isn’t your passion, but in these days of rapid change, where everyone is dealing with uncertainty, I believe that thinking and acting like entrepreneurs will help you get ahead in any profession. In simple terms this means taking control of your life, going after somet
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