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8 Success Drivers Define A Lifestyle Entrepreneur

Startup Professionals Musings

More recently, the desire for extra income has become the key driver in new startups, according to a 2015 study. Being called a lifestyle entrepreneur should be a point of pride, not an insult. Of course, even lifestyle entrepreneurs want to be happy, and want their business to be “successful.” According to William R.

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6 Ways To Improve Your Odds Of New Business Success

Startup Professionals Musings

Almost every entrepreneur and new business owner I mentor is certain that his/her idea has a very high probability of success, and all find it hard to believe that ninety percent of startups ultimately fail. I once met with an entrepreneur who had developed a new algae strain to cure world hunger and make him rich.

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7 Costs To Consider Before Taking Your Startup Public

Startup Professionals Musings

Yet I believe the trend will continue at least flat as entrepreneurs become more aware of other considerations that make the IPO route less and less attractive. According to a dated but still relevant study by PricewaterhouseCoopers , companies average $3.7 These include the following: Taking a company public is an expensive process.

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10 Reasons To Start A Company In An Economic Downturn

InfoChachkie

There has recently been a common theme among the entrepreneurs I have interviewed and the conferences I have attended: despite the relatively weak state of the world economy, now is a great time to create a high-tech startup. At the end of the period studied, 94.5% People are free or cheap because of the recession. Above The Crowd.

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Entrepreneuriship Is Best Learned Experientially

InfoChachkie

I shared my humble opinion that entrepreneurs should spend less time reading and more time experiencing reality. This same phenomenon occurs when emerging entrepreneurs read business books. However, irrespective of how many business books you read, you cannot “study” your way to entrepreneurial proficiency. Meredith Publishing.

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8 Steps To Assembling The Most Talented Startup Team

Startup Professionals Musings

With the pace of change ever escalating, entrepreneurs today can’t afford to acquire talent through traditional hiring alone, and need to revise the perception that “talent” is only full-time employees. According to an Intuit study , that number is quickly rising and will approach 40 percent by 2020.

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As Populist as it May Feel, 98% of VCs Aren’t Dumb

Both Sides of the Table

After all, I am no stranger to the publicly expressing the frustrations of dealing with the downside of this industry as I wrote about in 2006 when I was an entrepreneur. It’s true this was much bigger in the dot com era but I’ve studied the data and know that over the past decade these numbers are right. billion each, $7.5