article thumbnail

5 Preconditions for Success in Spawning a New Venture

Startup Professionals Musings

Thus, I was happy to see some real actionable advice on this challenge in a new book, “ The Unicorn Within: How Companies Can Create Game-Changing Ventures at Startup Speed ,” by Linda Yates, the founder and CEO of a leading growth incubator for global businesses. Choose a trusted team lead with executive sponsors.

Incubator 143
article thumbnail

8 New Business Keys To Success For Real Entrepreneurs

Startup Professionals Musings

Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever. Angel groups, accelerators, and incubators are pervasive. They helped create over 5 million new businesses in 2022, a forty percent increase over the previous year.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Here’s Why a Booming Tech Market May Fool You into Thinking You’re Successful

Both Sides of the Table

We’ve had an explosion of alternate sources of financing from crowd-sourcing, angels, accelerators, incubators, corporates, corporate incubators. Of course back then it literally was sold in a package and stored on a shelf! Create company measures for success that go beyond financial metrics.

Marketing 354
article thumbnail

8 Tips For Getting Your Startup Right The First Time

Startup Professionals Musings

Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever. Angel groups, accelerators, and incubators are pervasive. Over 600,000 new businesses were created in the last year, or over one per minute of every day.

Tips 161
article thumbnail

Lessons Learned From The Accelerator Trenches: MuckerLab's Erik Rannala

socalTECH

That is, once you invest in a company, you''re a shareholder, and you help that company for the course of its life. When a company either has revenues, if that''s the primary metric, or if it''s a consumer application, high user acquisition and engagement, we know there is some degree of product-market-fit. READ MORE>>.

Incubator 187
article thumbnail

8 Secrets To Pushing Your Startup Ahead Of The Crowd

Startup Professionals Musings

Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever. Angel groups, accelerators, and incubators are pervasive. Over 500,000 new businesses were created last year, or about one per minute of every day.

Startup 61
article thumbnail

Interview with Cody Simms, Techstars LA

socalTECH

There are so many incredible ups and downs in the course of building your own company from the ground up. Sometimes entrepreneurs ask if we need certain metrics and traction�you don't. However, you need to show progress over the course of when we have gotten to know you. Startups are hard. We've seen that time and time again.

Startup 100