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How to Turn Your Million Dollar Idea Into a Startup

Startup Professionals Musings

Lumbard of CalTech. The first step is to pick one idea (idea people find it hard to focus on only one), and go to work along the following lines: Do some specific market research. Draft a business plan summary. The reality is that customers only pay for solutions, and there is no market for ideas. Marty Zwilling.

Ideas 106
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Mind the Gap Between a Good Idea and Good Business

Startup Professionals Musings

Lumbard of CalTech. The first step is to pick one idea (that seems to be the hard part for idea people), and go to work along the following lines: Do some specific market research. Draft a business plan summary. The reality is that customers only pay for solutions, and there is no market for ideas. Marty Zwilling.

Ideas 97
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Entrepreneurs Need Fewer Hot Ideas and More Plans

Startup Professionals Musings

Lumbard of CalTech. The first step is to pick one idea (that seems to be the hard part for idea people), and go to work along the following lines: Do some specific market research. Draft a business plan summary. The reality is that customers only pay for solutions, and there is no market for ideas. Marty Zwilling.

Ideas 104
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Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

Summary notes, as always, provide below. He was a life-long entrepreneur and the first business he created out of college (actually, he founded it while he was at Caltech) was a company that manufactured high quality audio speakers. they can build teams that really focus on building & marketing great products.