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5 Key Success Attributes For An Aspiring Entrepreneur

Startup Professionals Musings

As an entrepreneur mentor, my mission is to foster the attributes in you as a startup founder that I believe will lead to success. For example, I worked with an entrepreneur a while back who was clearly intelligent, had a great idea, and communicated well. I sometimes find entrepreneurs who highlight that their strength is “ideas.”

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Reflections on 2020: Greg Martin, Archer Venture Capital

socalTECH

In a year filled with challenging news, we were fortunate (across Archer Venture Capital and Liquid Stock) to have some high quality exits in our portfolio, but moreover to see how our amazing entrepreneurs successfully managed the disruption caused by COVID-19. What are you most looking forward to in the technology/startup world in 2021?

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7 Keys To Scaling Your Startup To Be The Next Unicorn

Startup Professionals Musings

Yet as a business advisor I am convinced that making the jump from a startup to a the next unicorn takes a different mindset, and actions most entrepreneurs are reluctant to face. In my experience, less than half of founding entrepreneurs even aspire to stay and scale their company. Switch your focus from product development to sales.

Startup 151
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10 Mistakes To Avoid When You Want To Sell A Business

Startup Professionals Musings

What you don’t need is a buyer dealing directly with your landlord to get your key asset, leaving you with no leverage and minimum value for the sale. Neither perspective is good for credibility or a fair result from your sale. Always be ready to talk about future growth plans, as an alternative to a sale.

Sales 164
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7 Ways To Highlight Your Personal Value To Investors

Startup Professionals Musings

Yet in my experience on both sides of this equation, I find that many aspiring entrepreneurs focus only on the best idea , assuming that it will attract the right investors. Investors love entrepreneurs who come across as constantly on the lookout for new ideas, and able to grasp the larger implications for market change.

Ideas 140
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8 Keys To Being A First Responder To Market Changes

Startup Professionals Musings

The recent pandemic was a strong signal for change, and I see most of you entrepreneurs and business owners responding to the business changes required and new opportunities presented. When sales fall off, you need to dig deep for the “why,” rather than just assuming the price needs to go down. We need your urgency and creativity.

Marketing 162
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Customer Trust Is An Opportunity With A Huge Payback

Startup Professionals Musings

With the ITRC 2021 End-of-Year Data Breach Report revealing a 68 percent increase in stolen sensitive personal information, there is a growing population out there worried about all the people intent on hurting them. Internet users need to start watching out for themselves, like looking both ways before you cross the street.

Customer 137