Startup Professionals Musings

AUGUST 23, 2021

Thus, in my role as mentor to young entrepreneurs, I always recommend that you first take a hard look at your own values and priorities, before jumping into any new startup, as the founder, or even as a side hustle. Timing is critical for every startup. Of course, if you wait for the perfect time, you may never start.

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TechCrunch LA

AUGUST 9, 2022

They were early to that idea: Danna describes it as “creator tools for YouTube before YouTube built them itself,” and he said they came up with the idea for Boulevard out of a joke between them. “We started obsessing about this,” Danna went on. Things then took an investigative, plainclothes turn.

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Startup Professionals Musings

MAY 14, 2021

If your innovation is real, it brings added value to the table, so most customers, especially early ones, are willing to pay a premium over competitive products. This pricing strategy started primarily associated with buffet restaurants, but the concept has now been applied to many other businesses.

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Startup Professionals Musings

JUNE 30, 2021

By definition, all of you entrepreneurs are leaders, by taking the initiative to start a new company. Yet I have learned over the years as a startup advisor that all business leaders are not the same. You generally don’t fix things by throwing them away and starting over. The time to get started is now.

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Coach Startup Resource Competition 162

Southern California Edison Blog

DECEMBER 8, 2021

Malicious attackers perceive tech startups as vulnerable, valuable targets: startups often have fewer infrastructure protections and smaller IT teams than their more established counterparts, and multiple connections to larger companies with lucrative data. . Recognize the signs of malware: pop-ups and disabled programs.

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Startup Professionals Musings

DECEMBER 13, 2021

In my role as mentor to many of you aspiring entrepreneurs, I often find you convinced that all you need to start is a unique innovation or idea , and now you are ready to jump in with both feet and enjoy the ride. Remember that being an entrepreneur is all about starting and running a business, after the initial invention.

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Startup Professionals Musings

JANUARY 9, 2022

Most startups, and many big businesses, still don’t have a clue on how to use social media productively for marketing their business. You can fail by not being there at all (see the United Breaks Guitars story ), or making a big mistake (see 10 Social Media Fails to Avoid in 2021 ). Marty Zwilling.

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Startup Professionals Musings

DECEMBER 26, 2020

As an advisor to many entrepreneurs, I still hear frequently the irrational exuberance that crowdfunding is the quick alternative for startups that are passed over by overly demanding angels or venture capital investors. Startups need to build a large passionate group of fans before the campaign. Startup revenues come later.

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Startup Professionals Musings

APRIL 26, 2021

We all hate to see your proposal rejected , when a bit more effort and homework could expedite your startup funding and rollout. Investors know that operational and employee expenses are always higher than anticipated, not to mention customer acquisition costs, capital expenses, and ongoing competitive initiatives.

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Startup Professionals Musings

JULY 30, 2021

While you all recognize that reacting to weak market signals is critical to staying in business and staying competitive, I find that many don’t have the skills and focus to trigger change decisions on a timely basis. Sometimes premonitions are real, especially if backed up by employee and customer input.

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Marketing Social Media Metrics Custom 162

Startup Professionals Musings

OCTOBER 17, 2022

Venture capitalists (VCs) have long been seen as the top of the pyramid for startup funding sources, but in fact angel investors now fund over twice as many companies, according to a classic Crunchbase article. The cost of entry for tech startups continues to go down. Super angels have greater scope to match talent with a startup.

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Startup Professionals Musings

JUNE 11, 2021

Over my years as an advisor to new businesses and startups, I have learned that the only certainty that I can offer entrepreneurs is the fact they will face many uncertainties. So my first advice is that if you can’t handle uncertainty, don’t even start down that road. Marty Zwilling First published on Inc.com on 05/27/2021.

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TechCrunch LA

JUNE 3, 2022

On Lafayette Street in SoHo, young, fashionable women lined up around the block to enter a minimalist, millennial oasis, the most perfect Instagram feed brought to life. billion company in the brutally competitive beauty industry, especially one with such broad appeal. allocate 98% of their funding to startups helmed by men.

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TechCrunch LA

DECEMBER 31, 2022

Despite that apparent hunger, two scooter operators – Lyft and Spin – recently exited the Los Angeles area, blaming a lack of favorable regulations and too much competition, which apparently made it difficult to turn a profit. In 2021, over 1.2 They muck up the air , driving climate change and health issues alike.

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Startup Professionals Musings

APRIL 24, 2023

New and old entrepreneurs submitted over five million startup business applications in 2021 and again in 2022, making these the most popular years on record , according to data released by the U.S. Small business growth over the past three years has been phenomenal. Census Bureau. These are job openings for many new people.

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Startup Professionals Musings

SEPTEMBER 22, 2021

Unfortunately, most of us don’t have enough resources to bootstrap our own startups, so we are completely dependent on investors to help turn great ideas into great businesses. Passion and confidence are a good start, but every investor wants to see a credible plan, with specific milestones along the way.

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Ideas Entrepreneur Equity Resource 140

Tech.Co

MAY 9, 2024

There are thousands of grants up for grabs through government website portals, but since this type of financing is designed to support the public, their eligibility criteria tend to be quite specific. We also offer some advice for writing your application, to make sure your proposal is as competitive as possible.

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Startup Professionals Musings

APRIL 2, 2021

In my experience, one of the biggest mistakes I see you make as a startup or new business owner is to create a business that is totally dependent on you. This may seem obvious, but I find that most owners let time and a thousand other startup distractions get in the way. Marty Zwilling First published on Inc.com on 03/19/2021.

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Startup Professionals Musings

APRIL 9, 2021

In these days of rapid change, the pandemic, and worldwide competition, you need to make sure your entire team is customer-focused, innovative, and always looking around the corner for the next big thing. Recent articles report that companies where everyone is focused on the big picture can increase their returns by up to 400 percent.

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Startup Professionals Musings

JUNE 23, 2021

At any Ritz-Carlton , for example, employees are trained well, and authorized to spend up to $2,000 per guest, without pre-approval, to solve a guest issue or improve a guest's stay. That customer experience is the best competitive advantage you can have, and the best predictor of long-term success.

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Custom Customer Technical Review Metrics 147

Startup Professionals Musings

MARCH 3, 2021

Based on my own years of experience in startups and big business, and more recently as an angel investor, I often cringe when I see one of you entrepreneurs missing a cue that I have seen work for many before you. Every startup demands logical changes along the way. Postulate competitive reactions and your responses.

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Entrepreneur Social Media Examples Metrics 162

Startup Professionals Musings

AUGUST 29, 2022

Both are required to stay competitive. I have added my own insights, based on my experience advising and working with entrepreneurs and startups: Pay for results, rather than pay for work. People who get paid by results have every incentive to think up smarter ways of getting work done. Freelancers now make up 36% of U.S.

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Startup Professionals Musings

DECEMBER 15, 2021

Whether you are a professional in a team role, or an entrepreneur looking for a new startup, you never get anywhere unless you take a chance. Your strengths are your real competitive advantages, so focus on them. Marty Zwilling First published on Inc.com on 12/02/2021. Always push your limits , but leave enough to recover.

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Startup Professionals Musings

JANUARY 29, 2021

People-centric leaders realize that the right motivated and accountable people are their real competitive advantage. Your team, properly selected, trained, and engaged, can focus on tomorrow’s requirements, learn from mistakes, and implement the constant improvements required to stay competitive.

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Satisfaction Demand Resource Competition 154

Startup Professionals Musings

AUGUST 25, 2021

Marketing is necessary via social media, traditional media, and personal visibility, to attract customers, loyalty, and a competitive brand image. There are no startup expert roles. Start with a purpose and a long-term plan. Marty Zwilling First published on Inc.com on 08/10/2021.

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Entrepreneur Satisfaction Ideas Social Media 158

Startup Professionals Musings

DECEMBER 22, 2021

Your goal must be to make every aspect of a customer interaction a joy to both you and them, starting from the shopping experience, to the sales close, to delivery and service. At every Ritz-Carlton , for example, employees are authorized to spend up to $2,000 per guest to solve any guest issue and make the stay positively memorable.

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Custom Customer Satisfaction Metrics 114

Startup Professionals Musings

JULY 16, 2021

Show that others are an inspiration, not competition. Marty Zwilling First published on Inc.com on 07/01/2021. Ego and arrogance must never be perceived as covering shortcomings in the plan. In addition, you will be motivated to learn and communicate a broader view of your project. Never degrade others, including competitors.

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Startup Professionals Musings

JULY 23, 2021

Yet every change can cause brand dilution or competition you don’t need. Marty Zwilling First published on Inc.com on 07/09/2021. Evaluate the brand impact of proposed market moves. The push is always on to grow your market with new geographies, new products, and new market segments.

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Examples Custom Customer Social Media 170

Startup Professionals Musings

DECEMBER 29, 2021

Today’s generation of customers assign value to uniqueness, flexibility, and a perfect fit, so this is a competitive advantage you can highlight with credibility. Marty Zwilling First published on Inc.com on 12/15/2021.

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Startup Professionals Musings

OCTOBER 6, 2021

It may be time for you to start your own blog, write a book, or volunteer as a speaker at public events in your domain. In this very competitive age, with the current high rate of change in the marketplace, it behooves you to maximize your self-leadership, and be perceived as the business leader you always wanted to be.

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Entrepreneur Course Satisfaction Guide 132

Startup Professionals Musings

FEBRUARY 26, 2021

You must recognize that change is the new norm in business, so problems represent opportunities to learn something new, improve your productivity and competitiveness of the business. Marty Zwilling First published on Inc.com on 02/12/2021. Write down your top 5 core values and review them often.

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Startup Professionals Musings

NOVEMBER 26, 2021

Every business I know needs to be on a constant lookout for new ideas, both in what they offer to customers, and in their internal operations, to stay competitive. Just make a note to follow up later, as required, to discuss it with other team members or relevant experts. Marty Zwilling First published on Inc.com on 11/12/2021.

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