Remove Angel Remove Competition Remove Ideas Remove Metrics
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8 Personal Objectives That Should Drive A New Startup

Startup Professionals Musings

As a business advisor, I meet many business professionals and aspiring entrepreneurs who are anxious to be their own boss , or have an innovative idea to start or acquire a new business. You should pick an idea that you can hand off quickly to investors, or one you can grow as a legacy for your family.

Startup 94
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For Many New Ventures, Location Is The Key To Success

Startup Professionals Musings

I still have to tell some entrepreneurs that even with the best idea, they have to move to Silicon Valley to find the investors they need, or they need to move to the U.S. Having a great idea in the wrong place won’t get you the funding you need, the experienced domain experts you want, or the pilot market results you need for survival.

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The Changing Venture Landscape

Both Sides of the Table

However, to be a great VC you have to hold two conflicting ideas in your head at the same time. They might be ideas they hatch internally (via a Foundry) or a founder who just left SpaceX and raises money to search for an idea. On the one hand, you’re over paying for every investment and valuations aren’t rational.

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Here’s Why a Booming Tech Market May Fool You into Thinking You’re Successful

Both Sides of the Table

We’ve had an explosion of alternate sources of financing from crowd-sourcing, angels, accelerators, incubators, corporates, corporate incubators. Your favorite investor told you this was a bad idea. Create company measures for success that go beyond financial metrics. And importantly we’ve had revenue.

Marketing 354
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Performance marketing agency MuteSix bets on content and data to boost DTC e-commerce

TechCrunch LA

In today’s highly competitive ad environment, both content and data are kings. But I don’t want to limit us if it’s a cool idea. But then Facebook became a more crowded platform, and the same happened with Google: more advertisers, higher CPM and a more competitive environment. The key takeaway?

Commerce 211
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5 Startup Challenges That Derail Many Entrepreneurs

Startup Professionals Musings

The solution here is to never stop the fundraising cycle, moving quickly from friends and family, to angels, to venture capitalists. Your customers and competition make unexpected moves. Competitors see the value of your idea, and the good ones move fast. The world today never stands still. The world today never stands still.

Startup 131
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When Planning A Startup, A Top Priority Is Location

Startup Professionals Musings

I still have to tell some entrepreneurs that even with the best idea, they have to move to Silicon Valley to find the investors they need, or they need to move to the U.S. Having a great idea in the wrong place won’t get you the funding you need, the experienced domain experts you want, or the pilot market results you need for survival.

Startup 97