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Accelerators Have Resources To KickStart Your Startup

Startup Professionals Musings

A few are still trying to make a profitable business out of nurturing startups, but it’s a challenge to make money when your customer startups don’t have many resources to give. I believe their competitive advantage is their top on-site leadership, exclusivity, and connections to investors.

Resource 159
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7 Critical Resources For A Thriving Startup Community

Startup Professionals Musings

It may not seem fair, but passion and commitment alone are not enough to make your startup successful – every business needs critical resources and favorable location-specific conditions. Many of you are convinced that it’s all about finding investors, but my experience indicates that the critical resources needed go far beyond money.

Resource 131
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How To Identify New Venture Assistance Organizations

Startup Professionals Musings

A few are still trying to make a profitable business out of nurturing startups, but it’s a challenge to make money when your customer startups don’t have many resources to give. I believe their competitive advantage is their top on-site leadership, exclusivity, and connections to investors.

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5 Ways To Make Innovation A Priority In Your Business

Startup Professionals Musings

I call this linear thinking , and it’s a sure way to be ultimately overrun by your competition. For example, Elon Musk, who owns many battery patents , normally kept for a competitive edge, decided to open them all to any competitors in an effort to expand the market for his electric vehicles. Always practice thinking outside the box.

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8 Priorities When Offering A New Product Or Service

Startup Professionals Musings

To win in this environment, you may need to expand your leadership in industry conferences and community activities. The result can be a host of new competitive and price challenges which can stall growth or require excessive resources and time. Target audience may be limited or new due to price.

Product 141
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XPRIZE Whittles IBM Watson AI Teams To 59

socalTECH

According to XPRIZE, it now has 59 teams across 14 countries competing for the $5M prize, with the top ten teams being named this week at the annual conference on Neural Information Processing Systems (NIPS) in Long Beach. READ MORE>>.

IBM 133
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7 Ways Your People Skills Are The Key To Your Success

Startup Professionals Musings

With services, scaling the business often implies cloning yourself, since you are the intellectual property and the competitive advantage. For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price. You have no shelf life, so you can’t make money while you sleep.

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