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10 Tips To Ensure That Your New Venture Is Investable

Startup Professionals Musings

Investors don’t invest in services startups. Here are some pragmatic tips on how to make your startup more scalable and investable: If you need investors, start with a scalable idea. These are more likely scalable and investable. Outsource what is non-strategic to optimize leverage. Attract and relish investor funding.

Tips 135
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8 Signs Of A New Business Initiative And Not A Hobby

Startup Professionals Musings

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

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10 Keys To Enabling Your Startup For Unicorn Growth

Startup Professionals Musings

Investors don’t invest in services startups. Here are some pragmatic tips on how to make your startup more scalable and investable: If you need investors, start with a scalable idea. These are more likely scalable and investable. Outsource what is non-strategic to optimize leverage. Attract and relish investor funding.

Startup 154
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6 Key Leaders Every Technical Startup Needs To Thrive

Startup Professionals Musings

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. That’s why investors say they invest in people (bet on the jockey, not the horse), rather than the idea. The operations superstar.

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8 Indications Of A Real Entrepreneur Versus A Hacker

Startup Professionals Musings

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Typically some production and delivery is outsourced, requiring formal contracts and documentation. Solution development and delivery.

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6 Reasons To Build A Working Model Of Your Solution

Startup Professionals Musings

In reality, it doesn’t take a huge investment of money and time to build a prototype today. With a realistic prototype, you can get more accurate feedback from customers on their real need and what they might pay, before you invest millions on the final product. You should never outsource the management of your core technology.

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7 Ways Your People Skills Are The Key To Your Success

Startup Professionals Musings

If you can’t quantify or document your service for repeatability and new employee training, you will kill yourself trying to grow the business. Customers won’t pay to see your new employees learning on the job, and outsourcing the real work to a cheap labor source is a recipe for disaster.

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