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

Startup Professionals Musings

Then, he'll need to patent it and create a plan to show opportunity, competition, and financial projections. Don’t assume you can outsource the implementation decisions. Create a written plan, with target milestones and metrics. I have tried to convince him the general idea alone does not make a business.

Ideas 126
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Don’t Let Investors Conclude Your Startup Is A Hobby

Startup Professionals Musings

Write down the key elements of your business plan very early, and keep it current as things evolve. 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. Develop your business plan.

Startup 107
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‘Out of Control’ Startups Fail on 8 Key Processes

Startup Professionals Musings

Even when your startup is a one-man show, you will soon find that you are “out of control,” unless you start organizing and writing down how and when key things need to get done. Write down the key elements of your business plan very early, and keep it current as things evolve. But having no process does not make you more competitive.

Startup 102
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8 Key Processes Distinguish a Business From a Hobby

Startup Professionals Musings

Write down the key elements of your business plan very early, and keep it current as things evolve. 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. Develop your business plan.

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Eight Business Processes Every Startup Must Have

Startup Professionals Musings

Even when your startup is a one-man show, you will soon find that you are “out of control,” unless you start organizing and writing down how and when key things need to get done. Write down the key elements of your business plan very early, and keep it current as things evolve. But having no process does not make you more competitive.

Startup 95
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In 15 Years From Now Half of US Universities May Be in Bankruptcy. My Surprise Discussion with @ClayChristensen

Both Sides of the Table

In many ways I think general purpose writing & thinking skills are as valuable as math skills. We also spoke about technology systems in the perspective of global competition. He believes that one of the financial metrics taught at business schools and reinforced by Wall Street has accelerated offshoring of industries.