Startup Professionals Musings

JANUARY 11, 2020

They forget that adapting their company and themselves as their customers evolve is the key to long-term survival. Think of Blockbuster and Toys ‘R’ Us , both of whom missed customer changes and the move to online. Create an overt strategy to react to emerging customer trends. Remember when you were a startup?

Customer 143

Customer Custom Examples IBM 143

Startup Professionals Musings

MAY 27, 2017

Unfortunately, often the result is potential customers who are confused, the limited resources of your business are spread too thin, and customers and investors look elsewhere for a better fit. Customers want a solution from you, not many. Realistically characterize the competition. Eliminating world hunger is too broad.

Entrepreneur 63

Entrepreneur Competition Customer Custom 63

Startup Professionals Musings

AUGUST 24, 2014

Investors hear this as trying to do too many things with limited resources, meaning the startup will not shine at anything, and will not survive the competition. Keep these balanced and aligned between people (customers, employees) and process (quality, service, revenue), and keep the scope realistic (eliminating world hunger is too broad).

Entrepreneur 103

Entrepreneur Competition Technical Review Oracle 103

Startup Professionals Musings

MAY 27, 2013

Investors hear this as trying to do too many things with limited resources, meaning the startup will not shine at anything, and will not survive the competition. Keep these balanced and aligned between people (customers, employees) and process (quality, service, revenue), and keep the scope realistic (eliminating world hunger is too broad).

Startup 103

Startup Competition Technical Review Oracle 103

InfoChachkie

OCTOBER 12, 2015

One of these bright lights is Santa Barbara-based HG Data - developers of the world's largest competitive-intelligence database. <Note: Diversity on all levels, be it ideas, education, background, gender, ethnicity or otherwise, is critical to our growth. The Power of a Diverse Workforce.

Company 100

Company Companies Santa Barbara Education 100

Startup Professionals Musings

FEBRUARY 20, 2016

First-to-market is a key competitive advantage. If they want growth and sustainability, they often increase the smart risks, meaning more risk for growth or competitive advantage. If we build a great product, customers will find it and us. Entrepreneurs who expect funding at the idea stage are usually disappointed.

Startup 58

Startup Resource Entrepreneur Ideas 58