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7 Keys To Keeping Your Business Agile And Competitive

Startup Professionals Musings

He lived the philosophy that companies must be paranoid in order to survive, and continually disrupt their own markets to prevent overrun by competition. Effective internal changes don’t have to be large, highly risky, and expensive. New blood and new ideas are keys to agility. Reseed teams with new leaders and rotation.

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Why You Should Hire A Gaggle Of Interns At Your Startup

InfoChachkie

Steve Benson, Founder and CEO of Bay Area Badger Maps , intends to hire so many interns this summer that he will effectively double the size of his startup. According to Steve, "Startups are, by their nature, a great place for interns, because there are more essential things that must get done than there are people to complete them.

Startup 257
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Have you found your “teacher customer?”

Berkonomics

I internalized this phrase, recalling the many times I had partnered with customers to design new feature-functionality into my hotel computer system back when such systems were brand new to the industry. This week’s insight came from personal experience and from a good friend who advanced the notion of the “teacher-customer” years ago.

Custom 156
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Let Interns Be Your Startup Competitive Edge

Startup Professionals Musings

By Mark Babbitt We’re all familiar in some way with the concept of “interns” in business. Quite possibly your perception is the young adult working dutifully in the company mailroom. Due in large part to the current economy and an ultra-competitive job market, a Gen-Y entrepreneurial tsunami is already upon us.

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6 Key Ideas For Moving Your Business Up Another Level

Startup Professionals Musings

In today’s world of growing competition and customer evolution , holding your own, and growing to the next level is a constant challenge that can never be ignored. Even companies with long-established and well-respected brands, such as Apple and Amazon, can’t afford to rest on their laurels. Building a business is not a solo act.

Ideas 77
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7 Steps To Develop A Team With A Long-Term Advantage

Startup Professionals Musings

This topic was well addressed in the classic book, “ The Invisible Advantage: How to Create a Culture of Innovation ,” by Soren Kaplan, who lays out the key steps to assess, disrupt, and reshape the existing culture of a company to get more innovation. Carve out unstructured time for team members to focus on ideas.

Develop 135
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The Best Entrepreneurs Are Hyper Competitive & Hate Losing

Both Sides of the Table

Competitiveness - One attribute that I believe most VCs look for in entrepreneurs is competitiveness. If you stumble on to a really good idea believe me it will get competitive really quickly. I know that people who aren’t competitive always find competitive people slightly distasteful.