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Take this test to predict your success:

Berkonomics

If your vision is for a product or service that fills a need in a mature industry, you may be flying against the prevailing winds as a market shrinks over time, taking your business with it. Email readers, continue here…] Have you created high barriers to entry? Do you have a world-class management team?

Custom 156
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Need money? Read this!

Berkonomics

Certainly, bootstrapping is a preferred method of funding growth if it does not hold back the speed of growth or hobble the quality of product or service to the extent that better-funded competitors can overtake the business. There is a lot to say about retaining control.

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Can you guess 10 tests for your success?

Berkonomics

If your vision is for a product or service that fills a need in a mature industry, you may be flying against the prevailing winds as a market shrinks over time, taking your business with it. Email readers, continue here…] Have you created high barriers to entry? Do you have a world-class management team?

Patents 286
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When to pivot from your original plan?

Berkonomics

We are not always smart about the market or the product. Well, the good news is that great teams are not bound by their original product or marketing plan. My favorite example of a world class pivot comes from the CEO and board of one of my most successful investments. My story of a great pivot.

Resource 156
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Recognize your five critical business risks.

Berkonomics

Will the marketplace accept your product? Is there a market for your class of product at all? Market risk is constant and should be of greatest concern to any executive or entrepreneur. Second is product risk. Here are five basic kinds of internal risks that a business faces over time. First, there is market risk.

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Embrace the right to pivot!

Berkonomics

We are not always smart about the market or the product. Great teams are not bound by their original product or marketing plan. My favorite example of a world class pivot comes from the CEO and board of one of my most successful investments. Plans don’t often work as devised.

Class 176
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A Serial Entrepreneur’s Take On Guy Kawasaki’s Enchantment

InfoChachkie

Although many are entertaining, most fail to provide entrepreneurs with a sufficient return on their time investment. If you are a leader at a startup and you are reading a business book, you are not closing customers, raising capital, improving your product, or spending time with your loved ones. Fan, Not A Fan Boy. Tricking The Jedi.