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7 Steps To Greater Satisfaction As A New Entrepreneur

Startup Professionals Musings

In my role as mentor to many of you aspiring entrepreneurs, I often find you convinced that all you need to start is a unique innovation or idea , and now you are ready to jump in with both feet and enjoy the ride. Remember that being an entrepreneur is all about starting and running a business, after the initial invention.

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6 Keys To Convince Investors Of Your Competitive Edge

Startup Professionals Musings

Most entrepreneurs are quick to assert to potential investors that their product or solution will kill the competition, but unfortunately your opinion alone is not enough to convince most experienced investors. Of course, we all know there are no guarantees, and we like your passion and commitment to future results.

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7 Keys To Strategic Partnerships That Profit Everyone

Startup Professionals Musings

Entrepreneurs seem to have blinders on when looking at competitors. Strategic partnerships in this context can take the form of joint ventures, intellectual property licensing, outsourcing agreements, or even cooperative research. Expand core competency and solidify strengths. Both partners must not forget they are still competitors.

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5 Steps To Finding The Best Investor For Your Startup

Startup Professionals Musings

Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors. Reverse due diligence on the investor is a comparable process whereby the entrepreneur seeks to validate the track record, operating style, and motivation of every potential partner.

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Build Entrepreneur Credentials Early and Wisely

Startup Professionals Musings

Many believe that entrepreneurs are born, not made. While I agree that successful company builders usually have a natural inclination to be entrepreneurs, a good education helps polish that apple. Of course, there's no law saying you have to go to college to start a business. Supplement course work with practical experience.

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7 Keys To Evolving Your Leadership To Sustain Success

Startup Professionals Musings

Most of the entrepreneurs I have met are smart, but many are not always wise. Of course, experience is the ultimate teacher of the differences between smart and wise. Wise entrepreneurs are sensitive to the context they operate in and fine-tune their actions accordingly, while continuing to serve their higher purpose.

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Here Is How To Win Today With The Customer In Control

Startup Professionals Musings

His research indicates that they don’t have any old-fashioned customer loyalty, and they want precisely what appeals to them at the moment, preferably customized just for them. As an entrepreneur and startup, you should love this environment and cater to it. Capitalize on the multiplier moment.

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