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Do you agree with “Fail fast?”

Berkonomics

If you discover and become convinced that your vision is flawed, or the product impossible to create within cost and time expectations, or the demand impossible to quantify, or revenues never close to plan, then it would certainly be time to rethink the plan and product. Could you pivot to save the company? Ragged edges all four sides.”

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Every Startup Gains From An Incubator Or Accelerator

Startup Professionals Musings

A question I often get as an adviser is whether or not to join a business incubator or accelerator as a way to move forward faster and smarter and increase the odds of business success. I find that this type offers the most value to new entrepreneurs or startups in the early idea stage. Costs, returns in equity and funding access.

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8 Advantages To Building Your Own Startup Prototypes

Startup Professionals Musings

Thus entrepreneurs were able to build prototypes and design new products without the traditional huge prototyping cost. They have also become great networking events for meeting other like-minded entrepreneurs. Here are some key positives from an entrepreneur perspective: Shorten the time and cost from idea to prototype.

Startup 159
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5 Preconditions for Success in Spawning a New Venture

Startup Professionals Musings

Thus, I was happy to see some real actionable advice on this challenge in a new book, “ The Unicorn Within: How Companies Can Create Game-Changing Ventures at Startup Speed ,” by Linda Yates, the founder and CEO of a leading growth incubator for global businesses. Make sure everyone comes with an entrepreneur mindset for real innovation.

Incubator 143
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An LA-led, public-private partnership pitches a $150B green infrastructure package to Congress

TechCrunch LA

All of that charging infrastructure and grid upgrades are in part designed to help meet the increased power demands that the proposal expects to bring onto the grid through another $25 billion in government funding for electric vehicles of all types.

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Every Startup Goes Through Distinctive Funding Phases

Startup Professionals Musings

Some entrepreneurs start polling venture capitalists for that multi-million-dollar investment before they even have a business plan. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). Early or embryonic stage. Funding or rollout stage.

Startup 122
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What would you do if told to “fail fast?”

Berkonomics

If you discover and become convinced that your vision is flawed, or the product impossible to create within cost and time expectations, or the demand impossible to quantify, or revenues never close to plan, then it would certainly be time to rethink the plan and product. Could you pivot to save the company?

Incubator 120