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7 Ways Investors Assess Your Focus As An Entrepreneur

Startup Professionals Musings

Most of you aspiring entrepreneurs have new ideas on a regular basis, and find it hard deciding which to pursue, or try to tackle several at the same time. In addition to personal focus, I find that the best entrepreneurs build and demand a culture of focus and excellence in their team, their investors, and even their advisors.

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6 Success Stages Every Entrepreneur Idea Has To Pass

Startup Professionals Musings

It seems like everyone wants to be an entrepreneur and get rich these days. So a better question than asking about the quality of an idea, is asking about the quality of your plan to implement the idea. Ask some potential customers to see if there is real interest, and start thinking about price versus cost.

Ideas 136
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7 Reasons To Think Globally While Still New And Local

Startup Professionals Musings

New entrepreneurs who want to survive, and optimize the growth of their startups, need to think globally, and act locally, from day one. But it does mean that you think about the global implications at every step of the process: Pick your company and product names carefully. with demands for new products and services.

Patents 106
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Why Smart Entrepreneurs Build Plans For Their Startup

Startup Professionals Musings

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Is it any wonder why so few entrepreneurs ever find the professional investors they seek? Now let’s talk about the basic components of a business plan.

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5 New Venture Mistakes That Can Cost You The Business

Startup Professionals Musings

Early partners or co-founders often drop out of the picture early due to disagreements, and you forget about them, but they don’t forget about the verbal or email promises you made. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share.

Patents 145
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Entrepreneurs Should Rollout Local, But Plan Global

Startup Professionals Musings

New entrepreneurs who want to survive, and optimize the growth of their startups, need to think globally, and act locally, from day one. But it does mean that you think about the global implications at every step of the process: Pick your company and product names carefully. with demands for new products and services.

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Idea Non-Disclosure Demands Kill Investor Interest

Startup Professionals Musings

Entrepreneurs often get the advice from their lawyers and friends to always get a Non-Disclosure Agreements (NDA or CDA) signed before disclosing anything about their new venture. You won’t last long as an entrepreneur in this category, since a startup is all about taking risks. Prior to patent application.

Ideas 92