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5 Risk Reduction Strategies For Your Next New Venture

Startup Professionals Musings

Risk level has always been directly correlated to the number of unknowns, so eliminating even one variable will improve your odds: Eliminate one aspect of research and development. According to a classic Harvard Research study, first inventors spend at least a third more on their initial technology than later innovators.

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5 Keys To Reducing Startup Risk By Building On Trends

Startup Professionals Musings

Risk level has always been directly correlated to the number of unknowns, so eliminating even one variable will improve your odds: Eliminate one aspect of research and development. According to a classic Harvard Research study, first inventors spend at least a third more on their initial technology than later innovators.

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4 Major Influences Set Your Startup Work Environment

Startup Professionals Musings

Whether yours is terrible or great, that same tone flows out to your customers, and regulates your productivity inside. I did some research on this, and compared it with my own experience. According to many studies and observations, group pressure entices us to rethink our own opinions, and can even change our actual perceptions.

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7 Thinking Strategies To Make You A Business Winner

Startup Professionals Musings

No matter what people may proclaim, everyone in business is looking to achieve the highest possible level of satisfaction and financial success in their career. According to many studies, entrepreneurs tend to be happier , and over 80 percent of self-made millionaires are entrepreneurs. Think like your ideal customer seeking value.

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Businesses Need Your Input, But Can’t Read Your Mind

Startup Professionals Musings

a leading researcher on consumer behavior and the impact of digital, reports that decision makers, social media users, and younger demographics are more and more comfortable sharing data in order to close the gap between thought and action. In his classic book, “ Digital Context 2.0: Norton, Ph.D., No-comfort consumers – 17 percent.

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A Startup That Imitates, With Innovation, Often Wins

Startup Professionals Musings

Risk level has always been directly correlated to the number of unknowns, so eliminating even one variable will improve your odds: Eliminate one aspect of research and development. According to a classic Harvard Research study, first inventors spend at least a third more on their initial technology than later innovators.

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10 Startup Founder Decisions That Have No Good Answer

Startup Professionals Musings

In a famous Harvard study of 212 new ventures a few years ago, USC professor Noam Wasserman found that half the founders were no longer at the helm after three years, and over time 80% were forced out. You can’t have it all, just like your startup can’t be all things to all customers. Marty Zwilling.

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