Remove Competition Remove Entrepreneur Remove Google Remove Mentor
article thumbnail

10 Manageable Risks That An Entrepreneur Should Take

Startup Professionals Musings

Entrepreneurs see “no risk” as meaning “no reward.” Many risks can be managed or calculated to improve growth or provide a competitive edge, while others, like skipping quality checks to save money, are recipes for failure. Many entrepreneurs think they can reduce and predict risk by emulating previous winners like Google and Twitter.

article thumbnail

5 Steps To Finding The Best Investor For Your Startup

Startup Professionals Musings

Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors. Reverse due diligence on the investor is a comparable process whereby the entrepreneur seeks to validate the track record, operating style, and motivation of every potential partner.

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 Strategies To Avoid Bad Risks In Your New Venture

Startup Professionals Musings

Entrepreneurs see “no risk” as meaning “no reward.” Many risks can be managed or calculated to improve growth or provide a competitive edge, while others, like skipping quality checks to save money, are recipes for failure. Many entrepreneurs think they can reduce and predict risk by emulating previous winners like Google and Twitter.

Resource 121
article thumbnail

Build Entrepreneur Credentials Early and Wisely

Startup Professionals Musings

Many believe that entrepreneurs are born, not made. While I agree that successful company builders usually have a natural inclination to be entrepreneurs, a good education helps polish that apple. We can all point to examples of successful entrepreneurs who dropped out of college, but still went on to make a big impact.

article thumbnail

6 Obligations That Come With Startup External Funding

Startup Professionals Musings

As an angel investor to startups, I’m still surprised to find entrepreneurs who expect investors to give them money, and assume no strings attached. If the entrepreneur wants total control of their own venture, with no one looking over their shoulder, they should work within the limits of their own resources, a process called bootstrapping.

Funding 173
article thumbnail

10 Entrepreneur Beliefs That Defy The Stereotype

Startup Professionals Musings

Most people agree that entrepreneurs have to think differently and take risks to have much chance of building a successful business. In his book from a while back “ The Entrepreneur Mind ,” by serial entrepreneur Kevin D. Johnson, he outlines 100 essential beliefs, insights, and habits of serious entrepreneurs.

article thumbnail

Come Check Out a Very Important LA Tech Event on June 1st

Both Sides of the Table

With over 350 participants expected, teams will compete in a 2-day coding competition to make local government more accessible and citizen-friendly while also getting a shot at fame, civic glory and cash / tech prizes totaling more than $20,000. Register at [link] eventbrite.com/#. Startup Advice'

CTO Coach 295