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8 Priorities When Offering A New Product Or Service

Startup Professionals Musings

Every one of you business owners I know periodically introduces new products and services to sustain growth, fight off competitors, or take advantage of new technologies. Target audience may be limited or new due to price. Also fears can be mitigated by warranties provided, complementary service options, or money back guarantees.

Product 141
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The four rules for motivating your employees with money.

Berkonomics

Salaries or hourly wages must be within reasonable limits set by the industry and matched by the competition, both regionally and for the same job classification. There are many studies that tell us how various industries reward employees for achievement above a base pay, or beyond expectation. Some obvious qualifiers.

Design 156
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7 Advantages For Being A Socially Responsible Startup

Startup Professionals Musings

Startups can use social responsibility as a competitive advantage. That’s a real competitive edge that you can use in your marketing and positioning. Socially responsible products typically sell at a premium price. Customer loyalty is highest for socially conscious startups.

Startup 149
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8 Attributes Of Entrepreneurs Who Transform Society

Startup Professionals Musings

According to an MIT study a while back, only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance. Nearly all new businesses aspiring to reach meaningful scale require some sort of outside funding to finance a competitive growth trajectory.

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8 Inspirational Insights For Those Chasing Your Dream

Startup Professionals Musings

According to an MIT study a while back, only about 10% of patents granted in the United States have any meaningful commercial importance and less than one percent are of seminal importance. Nearly all new businesses aspiring to reach meaningful scale require some sort of outside funding to finance a competitive growth trajectory.

Startup 171
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7 Thinking Strategies To Make You A Business Winner

Startup Professionals Musings

According to many studies, entrepreneurs tend to be happier , and over 80 percent of self-made millionaires are entrepreneurs. Entrepreneurial thinkers see their business mission as enriching the lives of customers, rather than being a better producer of products and services. Maintain a meaningful competitive advantage.

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6 Strategies To Maintain A Spotlight In Your Business

Startup Professionals Musings

Always strive to increase your lead, and while competitors scramble to catch you, unleash your next breakthrough product, service, or promotion. Maintain an intimate knowledge of the competition. Study their moves and engage your team for an analysis of updates. Study their moves and engage your team for an analysis of updates.

Startup 154