Remove 2015 Remove Develop Remove Satisfaction Remove Technical Review
article thumbnail

How Smart Startups Survive Investor Due Diligence

Startup Professionals Musings

This is the mysterious and dreaded due diligence process, which can kill the whole deal. Some entrepreneurs do very little to prepare for due diligence, assuming all the talking has already been done, and the business plan and results to-date tell the right story. My best advice is to stick to the middle ground.

article thumbnail

6 Keys To Make Sure Your Product Fits Today's World

Startup Professionals Musings

Great technology leads to innovative solutions that are possible, but not necessarily great businesses. Yet, due largely to non-technology business considerations, including pricing, safety concerns and support infrastructure, there are none that most people can name. Develop written business plans as detailed as product plans.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Goals Accountability and Social Support for Big Impact

SoCal CTO

This month’s big question is Examples of Big Impact from Technology and I’ve taken it as an opportunity to go back and look at the elements of different projects that I’ve worked on over the years that have had a big impact. The retail store manager’s plan would be reviewed and approved by the district manager.

article thumbnail

Smart Startups Don’t Try To Satisfy Every Customer

Startup Professionals Musings

Many people will argue that total customer satisfaction is paramount, but I’m a pragmatist who believes that treating everyone the same really means treating all of them poorly. Marty Zwilling First published on Entrepreneur.com on 12/23/2015. That’s not a happy situation for real customers or the business.

article thumbnail

Don't Fall for These 6 Deadly Myths of Startups

Startup Professionals Musings

Gerber memorialized this concept many years ago in his classic book E-Myth , which postulates that most startups are initiated by entrepreneurs with technical skills, rather than business skills, resulting in a high failure rate. In fact, both customers and investors often avoid the perceived high risk of innovative technology pitches.