7 Tips For Success With Today’s Demanding Customers

Startup Professionals Musings

While I’m not so sure that I agree that these represent the ultimate apocalypse of customers, I do believe the solutions he recommends should be taken seriously by every entrepreneur. Adopt new core principles to stay competitive and assure survival.

6 Keys To Marketing That Many Entrepreneurs Overlook

Startup Professionals Musings

Yet I see many technology entrepreneurs that focus on the basics of marketing too little and too late. Many entrepreneurs fear giving away their very best insights, strategies, or tools via social media – it might diminish the demand and the profit.

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

Both Sides of the Table

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. Too many entrepreneurs focus on dilution. Entrepreneur Advice This Week in Venture Capital

This Immigrant Entrepreneur Launched Her Billion Dollar Empire, Despite Speaking No English

InfoChachkie

Ida wasn’t even the first modern-day entrepreneur to offer women brassieres. The campaign was so successful that it ran through the 1960’s and allowed Maidenform to sell their products at premium prices, well above those of their competition. Entrepreneur Launching Venture

7 Tips For Success With Today’s Demanding Customers

Startup Professionals Musings

While I’m not so sure that I agree that these represent the ultimate apocalypse of customers, I do believe the solutions he recommends should be taken seriously by every entrepreneur. Adopt new core principles to stay competitive and assure survival.

Tips 75

5 Opportunity Areas To Motivate Any Entrepreneur

Startup Professionals Musings

A related “red flag” in a business plan is a missing competitive analysis section, or a short paragraph that essentially says, “this product has no competition.” My reaction is, if there is no competition, then there is no market demand for your product, so why are you building it?

5 Disruptive Startup Events Which Demand A New Plan

Startup Professionals Musings

Most entrepreneurs are so convinced that they are the disruptive element, they fail to anticipate that unknown facts or events can and will occur to disrupt their own well-laid plans. Most entrepreneurs start losing their agility with that first taste of success.

Entrepreneurs Who Improve Society Make More Profit

Startup Professionals Musings

Many entrepreneurs still don’t understand that building a business culture today of doing good, like helping people (society) and planet (sustainability), is also a key to maximizing profit. Companies can use this strategy to improve their profitability and competitive advantage.

Smart Entrepreneurs Make Better Decisions Faster

Startup Professionals Musings

Every so often a promising entrepreneur seems to freeze in the oncoming headlights and gets run over by his competition. These points may sound obvious, but the process is certainly contrary to the popular “shoot from the hip” approach that is practiced by some entrepreneurs.

Smart Entrepreneurs Favor People-Centric Leadership

Startup Professionals Musings

Thus I believe that business leaders and entrepreneurs need to focus first on people leadership, rather than process leadership. Customers demand more engagement and flexibility. entrepreneur Mike Diamond people-centric priority process-centric

Entrepreneurs Need To Focus On The Right Skill Set

Startup Professionals Musings

His focus is on sales, but I see the same skills needed for entrepreneurs. This means all business people, especially entrepreneurs, need to get beyond the presentations and the experts, to actively listen to real customers. Anthony Iannarino entrepreneur sales skill set startup

10 Tough Quandaries That Lead Entrepreneurs Astray

Startup Professionals Musings

Most entrepreneurs struggle with many startup Founders dilemmas in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. business dilemma entrepreneur founder Noam Wasserman

7 Business Mistakes Serial Entrepreneurs Never Make (Twice)

InfoChachkie

As an entrepreneur, I helped create companies which achieved two IPOs and two trade sales totaling $385 million. Fallacy: Startup ventures tend to evolve, especially after you begin speaking with pesky customers and demanding partners. “Learn from the mistakes of others.

10 Common Dilemmas That Derail Many Entrepreneurs

Startup Professionals Musings

Most entrepreneurs struggle with many startup founders dilemmas in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. dilemma entrepreneur founder Noam Wasserman

Entrepreneur Business Forecasts Are Not Black Magic

Startup Professionals Musings

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. entrepreneur financial forecast investor startup

6 Marketing 101 Tips For Technology Entrepreneurs

Startup Professionals Musings

Yet I see many technology entrepreneurs that focus on the basics of marketing too little and too late. Many entrepreneurs fear giving away their very best insights, strategies, or tools via social media – it might diminish the demand and the profit.

Tips 122

Check Your Motivation For The Entrepreneur Lifestyle

Startup Professionals Musings

As a startup advisor, I see many aspiring entrepreneurs whose primary motivation seems to be to work part time, or get rich quick, or avoid anyone else telling them what to do. People see you as great for demanding customers and team bonding.

Savvy Entrepreneurs Plan Both Business And Product

Startup Professionals Musings

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Is it any wonder why so few entrepreneurs ever find the professional investors they seek?

7 Guidelines For Entrepreneurs To Do The Right Thing

Startup Professionals Musings

Most entrepreneurs I know want to do the right thing for their businesses, as well as themselves, but they are not always sure what that means. By demand, entrepreneurs are crisis managers, and can be busy reacting 24 hours a day to urgent short-term issues.

These 8 Disciplines Define A Fundable Entrepreneur

Startup Professionals Musings

Aspiring entrepreneurs often ask me what to do first when starting a business. Instead, entrepreneurs need to focus first on execution disciplines and timing. Your credibility as an entrepreneur is at stake. For investors, it’s all about confidence in the entrepreneur.

Every Entrepreneur Dreams Of A Startup Without Risk

Startup Professionals Musings

Serious entrepreneurs know that, but too many “wannabes” still fall for that elusive get-rich-quick scheme with no risk. As an active Angel investor, I still hear entrepreneurs asserting large opportunities with minimal risk and no competition.

Entrepreneurs Can Revitalize The Image Of Business

Startup Professionals Musings

On the other hand, everyone wants to be an entrepreneur. This next frontier lies in building your own enterprises as an entrepreneur, rather than waiting for innovation and opportunity from large corporations. Competitive advantages are rapidly vaporizing on these.

Entrepreneurs Should Rollout Local, But Plan Global

Startup Professionals Musings

New entrepreneurs who want to survive, and optimize the growth of their startups, need to think globally, and act locally, from day one. with demands for new products and services. An international brand will command higher prices and additional customer demand.

Five Trick Questions Every Entrepreneur Should Answer Before Asking For Money

InfoChachkie

However, certain questions can be tricky for an entrepreneur to answer. Below are five common questions an entrepreneur will encounter when seeking venture funding. Intent : Investor / entrepreneur conflicts often arise when a company contemplates an exit opportunity.

How The IBM PC Made Me Appreciate Entrepreneurs

Startup Professionals Musings

Despite a valiant effort, we only briefly succeeded in putting IBM in the personal computer business, but our efforts changed my view of entrepreneurs forever. No consideration can be given to experience running a startup, breadth of skills, or even thinking like an entrepreneur.

IBM 90

Real Entrepreneurs Need to Accentuate The Positive

Startup Professionals Musings

Entrepreneurs need to listen to constructive criticism, but ignore negative vibes and complainers at all costs. If you are a complainer, and you are thinking of becoming an entrepreneur, think again. The world of an entrepreneur is tough, unpredictable, and fraught with risk.

Entrepreneurs Need To Play Favorites With Customers

Startup Professionals Musings

Every smart entrepreneur needs to realize that trying to treat every customer the same, with limited resources, may mean that you are treating them all poorly, or at least limiting your own growth. Keep yourself an inch ahead of your competition.

Custom 101

Many Entrepreneurs Believe Viral Marketing is Free

Startup Professionals Musings

People are more demanding and have more choices than ever before. In addition, special offers and competition prizes may be required. entrepreneur startup marketing budget viral marketing business

Lessons Big Companies Should Learn from Entrepreneurs

Jason Nazar

Entrepreneurs often lament big companies, but most of us hope we’ll create just that. Add in public company demands, lawsuit targets, & millions of customers to continually satisfy, and you have to have great respect for those doing it well.

6 Entrepreneur Recovery Steps When Profits Plateau

Startup Professionals Musings

It’s important to stand up to competition and wear your reputation on your sleeve. Accreditations, licenses, and certification – for your business or for individual employees – can set you apart from your competition. entrepreneur Patricia Sigmon plateau profits startup

How Entrepreneurs Get Out Of Their Comfort Zone

Startup Professionals Musings

The solution is to establish and maintain a culture and processes that don’t view change as a discrete event to be spotted and managed, but as an ongoing opportunity to improve competitiveness. Failure rates this high demand a new mindset and startups are the logical place for this to happen.

7 Ways That Entrepreneurs Naively Misuse Their Board

Startup Professionals Musings

Most entrepreneurs avoid setting up a board of directors for their new business unless or until they sign up an investor who demands a seat on the board. It’s a complex competitive world out there, and learning is a full-time role. board of directors entrepreneur misuse.

Entrepreneurs Better Enjoy Getting Their Hands Dirty

Startup Professionals Musings

A diligent entrepreneur should certainly work the important details for his or her startup, especially when it comes to assessing any negative fluctuations in the business. Too many entrepreneurs are reluctant to start the sales process, preferring to tweak and refine the product.

ConTraps Part III – Contract Traps Entrepreneurs Should Avoid At All Costs

InfoChachkie

This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. In Part II of this series, I suggest that entrepreneurs seek agreements in which “what is good for the goose is good for the gander.”

An Entrepreneur With No Strategic Plan is a Dreamer

Startup Professionals Musings

Deciding to be an entrepreneur is a lifestyle move, and should be part of a long-term strategic plan. From my experience, and the experience of other entrepreneurs, here are the key elements you should think about as part of the process: Personal interests and aspirations.