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8 Tips To Help You Dodge Common Startup Mistakes

Startup Professionals Musings

But rather than dwell on the failures, I’ve tried to extract from them a list of practical action items that will improve your survival probability. I offer these pragmatic recommendations: Buffer your funding requirements. Adapt your strategy monthly. Assume your initial strategy will be wrong. Manage your time.

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Every Small Business Should Celebrate the Positives

Startup Professionals Musings

Sponsored by VISA Business Running a small business as an entrepreneur is a never-ending challenge of new products, customers, competitors, and an unpredictable economy. This week is National Small Business Week in the US, so it’s a good time to celebrate your successes, and allow the rest of us to acknowledge your dedication and innovations.

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7 Rules for Savvy Customer Service Required Today

Startup Professionals Musings

Great startups are getting ahead of the game with “anticipatory customer service,” like providing smart phone access to product and account data to head off complaints. Here are seven rules derived from his insights to start your thinking: Customers expect a choice of channels. Respect your customer’s view of usability.

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How to Minimize the Red Tape and Taxes of a Startup

Startup Professionals Musings

If you aren’t so sure, need something fast, or need to keep your costs low, then an LLC is the best legal and taxable entity to facilitate your startup. Here are the key steps: Form the simplest legal entity early to cover your efforts. Now would be a good time to see your lawyer or accountant if you need more details.

Startup 93
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The End of the Web? Don’t Bet on It. Here’s Why

Both Sides of the Table

Fred Wilson recently posted a great video on his blog with the CEO of Forrester Research, George Colony. This blog post lays out my case. In the end, Seth Godin’s comments on Fred’s blog post said it best: “His black swan is showing. I have some educated guesses. The money slide is the graphic below.

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10 Reasons Why Capital Shouldn't Make Or Break Your Startup

Startup Professionals Musings

This move is indicative of the possibility that the traditional ways of going about making a living through a college education, an entry-level position at a firm, and steady promotion through the ranks is a dead model. With a bank account full of someone else's money, it's hard not to feel flush with cash and have a false sense of security.

Startup 92
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Interview: Thorsten von Eicken of RightScale

InfoChachkie

Does the world really need more servers in more datacenters gobbling up more power to send more tweets and Facebook pages around the world? When you began your teaching career, did you plan on eventually being an entrepreneur? I realized I had to move on, my wife and I looked at the bank account, and gave ourselves a time budget.