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5 Risk Reduction Strategies For Your Next New Venture

Startup Professionals Musings

According to a classic Harvard Research study, first inventors spend at least a third more on their initial technology than later innovators. Studying and learning from the mistakes of others is the best way to reduce your own risks. Timing is critical, as well as focus on marketing and customer satisfaction.

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5 Keys To Reducing Startup Risk By Building On Trends

Startup Professionals Musings

According to a classic Harvard Research study, first inventors spend at least a third more on their initial technology than later innovators. Studying and learning from the mistakes of others is the best way to reduce your own risks. Timing is critical, as well as focus on marketing and customer satisfaction.

Startup 157
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8 Entrepreneurship Principles For Anticipating Change

Startup Professionals Musings

Either they are never really ready to commit, study an opportunity until it has passed, or fail with tools and techniques from a bygone business era. The process of documenting what you think you know in a business plan, for the team and for investors, solidifies your own understanding of your new business.

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5 Keys To Spending Your Time On The Right Work Items

Startup Professionals Musings

In an eye-opening Franklin Covey study, respondents indicated that 40 percent of their time was being spent on things that were not important to them or their companies. Put order into the chaos by using technology to place all incoming information into four categories: appointments, tasks, contacts, and documents. That’s productivity.

Framework 153
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5 Secrets That Make Jeff Bezos The Leader Of The Pack

Startup Professionals Musings

As a side benefit, Amazon has ranked as #1 for customer satisfaction for many years in a row. These narratives are then studied at the beginning of each meeting, followed by more collaborative team discussion and decision making. Avoid PowerPoint and graphic slide presentations. Focus on the big decisions that are irrevocable.

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8 Learning Principles To Keep You Ahead Of The Game

Startup Professionals Musings

Either they are never really ready to commit, study an opportunity until it has passed, or fail with tools and techniques from a bygone business era. The process of documenting what you think you know in a business plan, for the team and for investors, solidifies your own understanding of your new business.

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A Startup That Imitates, With Innovation, Often Wins

Startup Professionals Musings

According to a classic Harvard Research study, first inventors spend at least a third more on their initial technology than later innovators. Studying and learning from the mistakes of others is the best way to reduce your own risks. Timing is critical, as well as focus on marketing and customer satisfaction.

Startup 65