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7 Keys To Keeping Your Business Agile And Competitive

Startup Professionals Musings

If you aren’t yet adapting to the market and your customers, you are falling behind. In other words, change in your business has to become the accepted norm, just like it is in your market. Be proactive rather than reactive to market change. Foster a collaboration culture, rather than competition.

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Don’t Underrate The Value Of A Startup Plan Document

Startup Professionals Musings

Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan, or none at all.

Startup 102
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Here Is When Your New Business Needs A Written Plan

Startup Professionals Musings

Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan, or none at all.

Sample 137
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8 Keys For Transforming An Innovation Into A Business

Startup Professionals Musings

As a mentor to many business professionals and owners, and aspiring entrepreneurs, I find a wealth of innovative ideas, but often less insight on what it really takes to transform ideas into an income stream that can excite new customers into long-term business success. Be a dreamer first, but a realist on marketplace risk.

Ideas 145
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8 Practices Common To The Greatest Leader Role Models

Startup Professionals Musings

Measure by relationships as well as competitiveness. They mentor protégés on talent spotting, creativity, and motivation as well as strategy. They are always on the lookout for talent by peer networking, studying competitors, and working with top university contacts. Good connections and team building are the keys to success.

Oracle 94
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6 Benefits of Outsourcing and Freelancing In Startups

Startup Professionals Musings

Many entrepreneurs I have mentored make big mistakes in this area, by hiring low-cost friends and family, with minimal skills or training, and expecting them to have the same work ethic , passion, and business knowledge as the founder. In addition, you can reduce to soft costs of mentoring, relationship building, and socializing.

Outsource 123
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Why Solving Big Food & Healthcare Problems Will Yield Spectacular Companies

Both Sides of the Table

We know to do this we need to fund projects that are more difficult in scope, more ambitious in industry transformation, less obvious in market adoption and a higher probability of not working. They have plans to go after they peanut allergies and move on to a host of other food-related illnesses and problems including dairy.

Company 207