Remove Competition Remove Customer Remove Demand Remove Writing
article thumbnail

Reduce five risks: Increase your valuation

Berkonomics

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. And fifth: Competitive risk. . Second: Market risk. . Are you ahead or behind the market with your product or service?

article thumbnail

9 Innovative Startups To Watch For in 2024

Tech.Co

However, its unique-for-the-industry monthly subscription model has helped it maintain healthy profits from its loyal customer base in 2023. And with direct traffic making up 71% of Caledly’s total traffic, demand for the scheduling tool is likely to remain strong into 2024. Organic milk formula product Bobbie.

Startup 213
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Questions To Ask Yourself Before Every New Venture

Startup Professionals Musings

Usually that means writing something down, since it’s hard to maintain something, or track yourself against it, if it’s not written down. Do you believe that you have an idea for a company that you can implement better than anyone, and maintain a competitive advantage? Assess customer demand. Right idea at the right time.

Startup 115
article thumbnail

Can you overcome five risks and create wealth?

Berkonomics

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. And fifth: Competitive risk. . Second: Market risk. . Will the public respond in numbers to buy, license or rent your offering?

article thumbnail

Address the five risks to increase your valuation.

Berkonomics

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. And fifth: Competitive risk. Second: Market risk. Are you ahead or behind the market with your product or service?

article thumbnail

8 Strategies For Winning As A Freelancer Or Employee

Startup Professionals Musings

Here are some key strategies that I recommend to every worker today: Develop and highlight your competitive differentiation. Today, customers and future managers put a higher value on relationships, and expect to know you from industry conferences, social media, or recommendations from peers. Walk away from a bad role or customer.

Startup 98
article thumbnail

10 Key Components Of Every New Venture Strategic Plan

Startup Professionals Musings

Usually that means writing something down, since it’s hard to maintain something, or track yourself against it, if it’s not written down. Do you believe that you have an idea for a company that you can implement better than anyone, and maintain a competitive advantage? Assess customer demand. Right idea at the right time.

Startup 94