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7 Ways Your People Skills Are The Key To Your Success

Startup Professionals Musings

If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. With services, scaling the business often implies cloning yourself, since you are the intellectual property and the competitive advantage. Capture your “secret sauce.”

Startup 111
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7 Success Factors When Your People Are The Solution

Startup Professionals Musings

If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. With services, scaling the business often implies cloning yourself, since you are the intellectual property and the competitive advantage. Capture your “secret sauce.”

Startup 174
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A Serial Entrepreneur’s Guide To Uncovering Awesome Startup Ideas

InfoChachkie

His talk was especially intriguing, as he attended UCSB, but dropped out to start a clothing design company. Chaos By Design. Seth is a design-oriented entrepreneur, with little desire to document details. Competition – which competitors will prove to be the most formidable? How much money can I make?

Ideas 266
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5 Priorities Before You Bypass Professional Investors

Startup Professionals Musings

If you want money, rather than just feedback, you need to actually design, develop, and prove that you have something worth people’s hard-earned funds before you launch your campaign. You need a polished, tested concept, not just an idea. Crowdfunding to gauge demand is not recommended, since failed campaigns don’t usually recover later.

Startup 100
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10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

A business plan is the outward facing definition of the business you hope to drive with your hardware solution, with a hardware overview in the intro to highlight customer value and competitiveness. Call out your top competitors, highlighting your sustainable competitive advantage, including patents, trade secrets. and trademarks.

Product 169
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6 Reasons To Build A Working Model Of Your Solution

Startup Professionals Musings

In reality, the process of designing, building, and validating a prototype does dramatically reduce the risk, and allows everyone to hone in on the real costs of going into production. Time is money, and may be your primary competitive advantage. Show investors that you are committed, and past the idea stage.

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5 Ways Crowdfunding Is Not A Panacea For New Ventures

Startup Professionals Musings

If you want money, rather than just feedback, you need to actually design, develop, and prove that you have something worth people’s hard-earned funds before you launch your campaign. You need a polished, tested concept, not just an idea. Crowdfunding to gauge demand is not recommended, since failed campaigns don’t usually recover later.

Startup 151