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7 Keys To Keeping Your Business Agile And Competitive

Startup Professionals Musings

As the entrepreneur, business owner, or leader, your message must never be “if it’s not broken, don’t fix it.” He lived the philosophy that companies must be paranoid in order to survive, and continually disrupt their own markets to prevent overrun by competition. Every good entrepreneur I know has a “ proactive mindset.”

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8 New Business Keys To Success For Real Entrepreneurs

Startup Professionals Musings

The rate of new entrepreneurs increased between 2013 and 2021, from 280 to 360 out of 100,000 of the adult population. They helped create over 5 million new businesses in 2022, a forty percent increase over the previous year. It’s a lot more fun to do it right the first time, making it easier for you, and tougher on your competition.

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9 Innovative Startups To Watch For in 2024

Tech.Co

While the market isn't short of spritely, innovative entrepreneurs, harsh economic headwinds combined with a pullback in investor spending have made it harder than ever for budding businesses to break through. Bobbie’s growth snowballed after caregivers sought new sources of baby formula during the nationwide shortage in 2022.

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7 Key Practices for Entrepreneurs Tackling Leadership

Startup Professionals Musings

Most of the entrepreneurs and business owners I work with recognize that they must occupy and practice a primary leadership position , but many will admit that they are not thriving in this role. Embrace the real you as your competitive advantage. Marty Zwilling First published on Inc.com on 4/18/2022.

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7 Reasons That Worker Empowerment Rules The Workplace

Startup Professionals Musings

New and old entrepreneurs submitted over five million startup business applications in 2021 and again in 2022, making these the most popular years on record , according to data released by the U.S. Thanks to COVID-19 and the policies of previous US administrations, immigration to the US sharply declined from 2017 to 2022.

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8 People And Process Skills Required In Any Business

Startup Professionals Musings

As an investor in startups, I most often see entrepreneurs who are technologists, or at least have a real passion for a specific product. Typically this means describing interactions with customer groups, real customer feedback, and showing an understanding of price sensitivity, alternatives, and competitive offerings.

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10 Business Model Components Required In Every Plan

Startup Professionals Musings

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. New entrepreneurs tend to focus only on product direct costs, and underestimate marketing and sales costs, overhead costs, and support costs. Competition.

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