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7 Ways Your People Skills Are The Key To Your Success

Startup Professionals Musings

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Capture your “secret sauce.” Start with a service you know and love.

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Maintain Your Startup Motivation While Working Harder

Startup Professionals Musings

Watch that patent provide a real barrier to competitive entry. Re-live that moment of inspiration that resulted in an innovative design and implementation for your product, and is now providing you with a sustainable competitive advantage. Keeping expenses down must always be top priority. Increasing customer focus and loyalty.

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7 Success Factors When Your People Are The Solution

Startup Professionals Musings

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Capture your “secret sauce.” Start with a service you know and love.

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Balance Your Focus Between Passion And Perspiration

Startup Professionals Musings

Watch that patent provide a real barrier to competitive entry. Re-live that moment of inspiration that resulted in an innovative design and implementation for your product, and is now providing you with a sustainable competitive advantage. Keeping expenses down must always be top priority. Increasing customer focus and loyalty.

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Equity Investment Platform Preparation Best Practices

Startup Professionals Musings

But they can otherwise save you much time and effort, and are also safer and more productive than the old-fashioned approach of broadcast emailing or cold-calling every investor you can find in online directories, or responding to the risky spam offers you get for funding on social media. Recruit a team with complementary skills.

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8 Key Rules for Starting a Business on a Shoestring

Startup Professionals Musings

You no longer need to travel to China or hire an expensive prototyping expert to mock up your new design. Trademarks, copyrights and even patents can be completed online by anyone through the U.S. Patent and Trademark Office site for a few hundred dollars. Take advantage of social media and free websites for marketing.

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5 Tips To Keep Your Startup Productive, Not Just Busy

Startup Professionals Musings

For example, you may feel you are saving money by doing all your own administrative work and monitoring social media feedback. There are complex processes, like filing a patent, and financial tools that may be new to you, including Excel and Quickbooks. Prioritize your tasks ahead of helping others with theirs.

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