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Reduce five risks: Increase your valuation

Berkonomics

Why five risks? In the creation of a young company, there are five principal risks to be addressed by the entrepreneur. Professional investors will probe these five risk areas and make the decision to invest based upon comfort with each. First: Product risk. . And fifth: Competitive risk. . Second: Market risk.

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Can you overcome five risks and create wealth?

Berkonomics

Especially if you are in the early stage of growing a business, these five risks can and often do derail entrepreneurs before realizing the riches of a great exit. In the creation of your enterprise, there are five principal risks you’ll need to navigate. First: Product risk. . And fifth: Competitive risk. .

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Address the five risks to increase your valuation.

Berkonomics

In the creation of a new enterprise, there are five principal risks to be addressed by the entrepreneur. Professional investors will probe these five risk areas and make the decision to invest based upon comfort with each. First: Product risk. Are you ahead or behind the market with your product or service?

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Five Startup Tips From Bill Gates

InfoChachkie

However, his first-hand knowledge of how software is created, tested and commercialized facilitated his execution of Microsoft’s initial strategy, in which it leveraged its operating system to create a suite of business productivity solutions. I am not suggesting you spurn product excellence. Frugal Is As Frugal Does. "Instead

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8 Perspectives On Innovation That You Should Discount

Startup Professionals Musings

Starting an entrepreneurial business, or maintaining the competitiveness of a mature business, requires innovation. Many product innovations come from quality improvement focuses, like the Japanese Kaizen initiative. The focus must be on five discovery skills of associating, questioning, observing, networking, and experimenting.

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Don’t Allow These Debunked Myths To Kill Your Dream

Startup Professionals Musings

Starting an entrepreneurial business, or maintaining the competitiveness of a mature business, requires innovation. Many product innovations come from quality improvement focuses, like the Japanese Kaizen initiative. The focus must be on five discovery skills of associating, questioning, observing, networking, and experimenting.

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A Great Product Will Fail Unless You Price it Right

Startup Professionals Musings

One of the toughest decisions for a startup is how to price their product or service. Obviously, it must be grounded by the characteristics of the market and customers you choose to serve, the pricing model of existing competitors, and a strategy you believe is consistent with your future products and direction. Product line pricing.

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