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Why Early-Stage VCs Should Be Careful About Intros from Bankers

Both Sides of the Table

Should I trust my instincts for founders and products or should I be more focused on the market size or business plan? Because entrepreneurs often went to lawyers at their earliest stages to get their company registration done. They are likely taking losses on their first project with the entrepreneur so they select carefully.

Startup 361
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The Importance of Proprietary Deal Flow in Early-Stage VC

Both Sides of the Table

Should I trust my instincts for founders and products or should I be more focused on the market size or business plan? Because entrepreneurs often went to lawyers at their earliest stages to get their company registration done. They are likely taking losses on their first project with the entrepreneur so they select carefully.

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People Management: Startup Teams Should Dip but not Skip

Both Sides of the Table

Think of it kind of like running a national chain of restaurants and occasionally stopping in to wait tables to have a more intuitive sense for your processes, work conditions and the quality of your products. As a content management system we had lots of write activities and went with Postgres. An obvious example would be in sales.

Startup 308
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What Startups Can Learn About PR and Crisis Management

Both Sides of the Table

Obviously they wish they would have figured this out a bit more quickly, but as a young team I personally cut them a little bit more slack than I would if it were Oracle, for example. Journalists write stories that have an appeal to readers whether the accusations have merit or not. How do you lose that debate? Never Blame the Press.

Startup 329
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The Four Cornerstones of Every Business Plan

Startup Professionals Musings

A lot of first-time entrepreneurs think that a brilliant solution is the most important ingredient in building a successful business, but it's only one of many important elements. Execution: Execution - the hard task of turning ideas into products that people will buy - is what separates successful entrepreneurs from dreamers.

Startup 91
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The Danger of Crocodile Sales

Both Sides of the Table

I know because many entrepreneurs I spend time with I can tell are in their own brains when we’re meeting rather than trying to understand what my position is. You’re in sales mode. They are seldom productive. You have target customers, you have competitors and you have a product to sell.

Sales 314
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ConTraps Part IV – Avoid Exclusion From Future Revenue Opportunities

InfoChachkie

As noted in Contract Traps Entrepreneurs Should Avoid , exclusivity can kill a small company. Excludesivity is most salient when you are crafting an initial relationship within a particular market or product segment. Write this number down. An Initial Non-exclusive Deal Precludes Future Exclusivity.