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6 Reasons Technical Expertise Does Not Make A Startup

Startup Professionals Musings

Some pundits argue that the E-Myth principle is now outdated, due to the instant access to information via the Internet, pervasive networking via social media, and courses on entrepreneurship at all levels of education. Hence most fail. Perhaps an innate business savvy is no longer a requirement for starting a successful business.

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7 Startup Costs That You Assume With Outside Funding

Startup Professionals Musings

For example, Bill Gates founded and grew Microsoft, and Michael Dell built a great technology company, both with no outside funding until they went successful enough to go public years later and sell shares to common stockholders. Of course, this can be positive if you really need the help and experience in making key decisions.

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6 Keys to Superior Thinking in Business Innovations

Startup Professionals Musings

When I dig deeper, I find that many of you are easily excited by a great new idea, but fail to diligently follow a validation process to test the limits of your thinking, before proceeding to rollout. Start with a real problem, rather than a technology or solution looking for a problem.

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6 Benefits of Outsourcing and Freelancing In Startups

Startup Professionals Musings

While this approach appears to cost more on the surface, it often actually costs you less, when you consider the hidden costs of rework, poor customer satisfaction, employee management, and training required. Direct customer-facing non-technical roles should be the last ones outsourced. with experience.

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8 Aspects Of Team Well-Being Drive Business Results

Startup Professionals Musings

I will summarize these here, with my insights, for your review and implementation: Physical health. Of course, you as the business leader have a key role in making all this happen. Occupational satisfaction. Remember that team members are people first, not just another technical solution component. Social interactions.

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6 Motivations Shared By Most Satisfied Entrepreneurs

Startup Professionals Musings

While these are quite reasonable, I find that the real superstars in the entrepreneurial world today, such as Bill Gates and Elon Musk, started with even bigger aspirations, including moving computer technology into every home, and establishing a human outpost on another planet. Develop camaraderie with people you respect.

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7 Startup Risks That Come With Other People’s Money

Startup Professionals Musings

For example, Bill Gates founded and grew Microsoft, and Michael Dell built a great technology company, both with no outside funding until they went successful enough to go public years later and sell shares to common stockholders. Of course, this can be positive if you really need the help and experience in making key decisions.

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