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5 Key Points Of Focus For Every Scalable New Venture

Startup Professionals Musings

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. I found their five phases of the process to be compelling, based on my own years of experience mentoring startups: Nail the pain.

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“Nail It Then Scale It” - The New Mantra For Startups

Startup Professionals Musings

Steve Blank via Flickr by jdlasica I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Great businesses begin with a customer problem that has a big and monetizable pain point.

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5 Factors That Set Your Best Startup Funding Strategy

Startup Professionals Musings

To refresh your memory, angel investors are typically high net worth individuals, accredited by the SEC and willing to invest their own money in a high-potential startup for a share of the ownership. Business-to-business products need professional investors. Crowdfunding is not the best platform here.

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10 Ways To Get The Capital You Need For Your Startup

Startup Professionals Musings

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” Negotiate an advance from a strategic partner or customer. An example would be negotiating free office space by agreeing to support the computer systems for all the other office tenants.

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5 Tips For New Entrepreneurs Needing Investor Funding

Startup Professionals Musings

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. In a two-minute video clip, you can introduce yourself, show your passion and the engaging personality you need to win over customers, partners, and employees.

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5 Keys To An Effective Startup Communications Mindset

Startup Professionals Musings

As a mentor to entrepreneurs over the years, I see many of you who don’t communicate enough, others who seem to do all the talking, and some that are hesitant to be direct and open. For example, every business team needs focus and direction to be productive. I find that having the right mindset is key to getting all these right.

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10 Alternative Funding Sources For Your New Venture

Startup Professionals Musings

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” Negotiate an advance from a strategic partner or customer. An example would be negotiating free office space by agreeing to support the computer systems for all the other office tenants.

Funding 174