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10 Business Model Components Required In Every Plan

Startup Professionals Musings

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. Common choices include manufacturing in-house, outsourcing, off-the-shelf parts. Competition. Market size, growth, and share. Production.

Sales 102
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Frank Addantes FounderBlog: 5. Outsourcing

Frank Addante

Outsourcing ► April (1) GoogleClick - Who owns your cash register? © Frank Addantes FounderBlog A sharing of experiences, tales and rants of the path leading up to and including my 6th startup company. I have been outsourcing to India since before it became popular. I am still a big fan of outsourcing.

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Ten Rookie Startup Mistakes You Won’t Make

InfoChachkie

Once you prove that a substantial, addressible market segment is willing to pay a price for your solution that exceeds your costs, you can consider a licensing strategy. I am differentiating here between outsourced services that execute rote, routine tasks and consultants hired to performed ad hoc, mission critical engagements.

Startup 242
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Investors Know A Product Doesn’t Make a Business

Startup Professionals Musings

Enough detail is required so that someone else can build it without you (outsourcing). Equally important, marketing and sales people should be able to identify benefits and marketing strategies, set prices, and validate a business model. Competition analysis. Market research and competition. Market research.

Product 92
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Test Your Business Model Against These 10 Elements

Startup Professionals Musings

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. Common choices include manufacturing in-house, outsourcing, off-the-shelf parts. Competition. Investors look for a sustainable competitive advantage.

Sales 97
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ConTraps Part III – Contract Traps Entrepreneurs Should Avoid At All Costs

InfoChachkie

In Sharing Means Caring , I describe specific tactics that foster and extend the longevity of such mutually advantageous relationships. When creating such sharing relationships with a BDC, ensure that you never agree to any of the following Kiss of Death Provisions, no matter how lucrative the potential relationship may seem at the outset.

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Entrepreneurs Confuse Product and Business Plans

Startup Professionals Musings

Enough detail is required so that someone else can build it without you (outsourcing). Equally important, marketing and sales people should be able to identify benefits and marketing strategies, set prices, and validate a business model. Competition analysis. Market research and competition. Market research.

Product 93