Startup Professionals Musings

AUGUST 25, 2023

The cost of entry has never been lower, with new tools to create your own website , and free social media to get your message out everywhere. Based on my own experience as a mentor and angel investor, I find that as many as ninety percent of startups fail in the first five years, despite their best efforts.

Social Media 98

Social Media Metrics Media Tool 98

Startup Professionals Musings

FEBRUARY 13, 2021

In my role as advisor and mentor to many new entrepreneurs, I often find myself suggesting that they think bigger. For example, I’m not sure the world needs one more social media niche site, or another dating site, or yet another flavored drink alternative. The value of “word of mouth” advertising is largely overrated.

Startup 162

Startup Metrics Ideas Entrepreneur 162

Startup Professionals Musings

MAY 6, 2020

For example, Lyft and Uber were able to capitalize on the current ride-sharing trend worldwide by tracking statistics that indicated reduced interest in car ownership by millennials, lack of parking spaces, and auto ownership costs moving up rapidly. As Andy Grove famously wrote, “Only the paranoid survive.”

Startup 124

Startup Customer Custom Statistics 124

Tech.Co

JANUARY 10, 2018

Recent statistics show that women “ purchase over 50 percent of traditional male products, including automobiles, home improvement products, and consumer electronics,” according to GirlPowerMarketing. Mentors help fill in the gaps and can serve to give you a holistic or landscape view of your industry. Spending Power. Final Thoughts.

Tips 71

Tips Customer Custom Dollar Shave Club 71