Remove Competition Remove Ideas Remove Metrics Remove Outsource
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5 Steps To Get You From Your First Idea To A Business

Startup Professionals Musings

One thing I have learned the hard way in business is that implementing new ideas is usually much more difficult than conceiving the idea in the first place. That’s why I caution my aspiring entrepreneur clients against proclaiming to investors that they are a great “idea” person. For example, I have a friend with a Ph.D.

Ideas 126
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8 Signs Of A New Business Initiative And Not A Hobby

Startup Professionals Musings

I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Preparation and management of funding.

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8 Indications Of A Real Entrepreneur Versus A Hacker

Startup Professionals Musings

I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Preparation and management of funding.

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How To Take Your Idea From A Hobby To A Business

Startup Professionals Musings

I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Preparation and management of funding.

Ideas 62
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8 Processes Define A Business Rather Than A Hobby

Startup Professionals Musings

I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Preparation and management of funding.

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Don’t Let Investors Conclude Your Startup Is A Hobby

Startup Professionals Musings

Even if you are doing the work yourself, you need to document requirements, features, metrics, and milestones. If you are contracting or outsourcing, this is even more important. Otherwise you will find yourself a year later being no closer to a product that you were yesterday, with no idea why. Funding process.

Startup 107
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8 Key Processes Distinguish a Business From a Hobby

Startup Professionals Musings

Even if you are doing the work yourself, you need to document requirements, features, metrics, and milestones. If you are contracting or outsourcing, this is even more important. Otherwise you will find yourself a year later being no closer to a product that you were yesterday, with no idea why. Funding process.