Remove Competition Remove Metrics Remove Resource 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. Finally, implementation requires a commitment of real money and other resources that can’t be written off so easily as an idea ahead of it’s time. Create a written plan, with target milestones and metrics.

Ideas 126
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5 Startup Challenges That Derail Many Entrepreneurs

Startup Professionals Musings

Keep control by writing every check personally, and manage receivable and payables tightly. Your customers and competition make unexpected moves. Smarter entrepreneurs don’t wait for a crisis to drive change, by defining key milestones and metrics for tracking progress. The world today never stands still.

Startup 131
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Joey Flores On Earbits' Life, Death, and Resurrection

socalTECH

Joey Flores: For starters, we're smart enough not to believe anything until it is in writing. We had some investors very interested but wanted us to validate some metrics, so we spent time building things to prove those metrics. The number one thing we are doing is making a competitive listening experience for our users.

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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. Manage human resources. But having no process does not make you more competitive. Develop your business plan.

Startup 107
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What I’ve Learned About Venture Funding

Both Sides of the Table

With perfect information and too much competition you pay up or they walk right down the street and get it from somebody else.” I’ve seen many a VC firm argue that “if we give them $10 million then they will massively pull away from competition and we crowd out the market.” why do I write p.s.’s sometimes?

Funding 150
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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. Manage human resources. Develop your business plan.

Startup 102
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Non-millennial Bootstrapping – These 50-Something Entrepreneurs Rejected VC $ And Nailed It

InfoChachkie

Without taking a dime of outside capital, the company has achieved impressive success in a competitive, SaaS market segment, landing companies such as Nike, Intuit, NASA, AutoDesk and PBS. I think in the end it’s helped us build a better product because we are resource-constrained. I’ve been there.