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5 Competitive Drivers Which Limit Your Growth Ability

Startup Professionals Musings

As the business economy is rebounding from the pandemic, many entrepreneurs are thinking that life will soon get easier, and their opportunity can only grow. Porter proposed his Five Forces framework for analyzing the competitive environment which I think makes even more sense today. Way back in 1979, Michael E.

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5 Factors Which Define The Scope Of Your Competition

Startup Professionals Musings

As the business economy is expected to rebound from the pandemic, many entrepreneurs are thinking that life will soon get easier, and their opportunity can only grow. Porter proposed his Five Forces framework for analyzing the competitive environment which I think makes even more sense today. Way back in 1979, Michael E.

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7 Keys To An Engaging Framework For Social Media Mktg

Startup Professionals Musings

The next thing that entrepreneurs need to realize is that the process and framework for making social media marketing work are different from traditional marketing, and trial and error certainly doesn’t work. Ric Dragon, an expert in online marketing, in his classic book. Marty Zwilling.

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6 Tactics To Propel Innovation Before The Next Crisis

Startup Professionals Musings

Every entrepreneur and business executive knows that continuous innovation is required to survive, but most struggle with this more than any other challenge they face. A business that relies on static skill replacement is falling behind, and ripe for the next competitive crisis. Innovation driven by the next crisis is not leadership.

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6 Tips To Avoid Being Blindsided By A New Competitor

Startup Professionals Musings

Every entrepreneur and business executive knows that continuous innovation is required to survive, but most struggle with this more than any other challenge they face. A business that relies on static skill replacement is falling behind, and ripe for the next competitive crisis. Innovation driven by the next crisis is not leadership.

Tips 160
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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

But what IS the right amount of burn for a company? Let’s set up a framework. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

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A Stronger Economy Means More Competitive Threats

Startup Professionals Musings

As the business economy rebounds, many entrepreneurs are thinking that life will soon get easier, and their opportunity can only grow. Porter proposed his Five Forces framework for analyzing the competitive environment which I think makes even more sense today. Way back in 1979, Michael E. Utility of alternative solutions.