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9 Success Principles To Propel Your Next New Venture

Startup Professionals Musings

Every aspiring entrepreneur I know is talking about the fact that there are over 2,000 billionaires in the world today, and how their innovative idea could make them one of the next ones. Becoming an entrepreneur is actually a commitment to a new lifestyle, certainly very exciting, but also facing many unknowns and risks.

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5 Tips To Keep Your Startup Productive, Not Just Busy

Startup Professionals Musings

For some reason, too many aspiring entrepreneurs I know seem to focus on “actions” rather than “results.” Based on my experience, survival and success are both about doing the right things , and not about doing everything. As an entrepreneur starting a new business, you have a lot to learn.

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9 Women Can’t Make a Baby in a Month

Both Sides of the Table

The part of the movement that resonates the most with me (in my words) is that entrepreneurs should keep their capital expenditures really low while they’re experimenting with their product and determining whether there is a large market for what they do. This benefits you, the entrepreneur. Rinse & repeat.

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One of the Biggest Mistakes Enterprise Startups Make

Both Sides of the Table

I believe it’s flawed. The line of reasoning goes, “Services businesses are not scalable and the market won’t reward this revenue so make sure that third-parties do your implementation or clients do it themselves. How do you get referenceable customers? We only want software revenue.”

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Are You Properly Managing Your Core Competency?

Startup Professionals Musings

If you have a software development background like mine, Im sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe. Factor in all the cost elements.

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Ten Rookie Startup Mistakes You Won’t Make

InfoChachkie

As an entrepreneur and startup investor, I have helped create companies which achieved two IPOs which collectively raised over $100 million, as well as two acquisitions which totaled $385 million. Fallacy: The very fact that your company is smaller and has fewer resources is the reason you should draft all of your significant agreements.

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7 Startup Strategies To Gain From Your Limitations

Startup Professionals Musings

Every new entrepreneur soon realizes he or she has some big ones, but very few figure out how to use these them to their advantage. I believe that the resourcefulness to turn constraints into competitive differentiators and new opportunities is a trait that separates the great entrepreneurs from the “wannabes.”

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