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6 Key Rules To Stay Competitive In The Digital World

Startup Professionals Musings

In case you hadn’t noticed, the key elements of a competitive advantage for your business have changed as businesses move online, and your domain is instantly global. As a business advisor, I have to recommend even to established companies that they review and revamp their competitive strategy now, even if it appears to be working today.

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8 Funding Proposal Red Flags Every Startup Can Avoid

Startup Professionals Musings

Non-credible funding request or unreasonable valuation. Naïve expectations on funding terms and process. Solution development undefined or incomplete. They are not interested in research and development, or funding at the idea stage. Investors expect a good value proposition in every pitch.

Funding 123
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6 Ways To Extend Creativity To All Areas Of Business

Startup Professionals Musings

Experienced entrepreneurs will tell you that the initial idea is the easy part, and it’s the later implementation, and the competitive business marketing that are the real creative challenges. I find that startups looking for funding often never even think of asking strategic partners, rather than just venture capitalists.

Ideas 171
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8 Entrepreneur Mistakes That Turn Off Real Investors

Startup Professionals Musings

Non-credible funding request or unreasonable valuation. Naïve expectations on funding terms and process. Solution development undefined or incomplete. They are not interested in research and development, or funding at the idea stage. Investors expect a good value proposition in every pitch.

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Every New Venture Needs A Product And A Business Plan

Startup Professionals Musings

Development schedule and checkpoints. A product plan must include the timeline and milestones involved in product research and development. Opportunity segmentation and competitive environment. List key competitors and alternatives, highlighting your sustainable competitive advantages, such as patents and trademarks.

Product 112
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7 Indications Of Your Ability To Get Business Results

Startup Professionals Musings

Registered patents and other intellectual property. From an investor perspective, understanding and acting early to establish a sustainable competitive advantage, and barrier to entry, is the best assurance of a financial return. Contrary to popular belief, most investors are not looking for entrepreneurs who are desperate for funding.

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Why Smart Entrepreneurs Build Plans For Their Startup

Startup Professionals Musings

Development schedule and checkpoints. A product plan must include the timeline and milestones involved in product research and development. Opportunity segmentation and competitive environment. List key competitors and alternatives, highlighting your sustainable competitive advantages, such as patents and trademarks.