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6 Keys To Getting Beyond Basic Incremental Innovation

Startup Professionals Musings

One of the business ironies that many entrepreneurs have learned the hard way in the past is that ideas which are truly disruptive carry the highest risk of failure, take the longest to gain traction, and thus are the least likely to get external funding. Great entrepreneurs aren’t just dreamers, they are doers.

Startup 174
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My hard-earned lessons from negative exits.

Berkonomics

How about the entrepreneur -founder? Professional investors rarely attach a red letter upon a failed entrepreneur. Some of those patterns help us to spot and avoid problems we have seen play out in the past, often to disastrous conclusion. And if it did, would I have reacted differently? Here’s a near miss that just happened.

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Entrepreneurs Need A New Adaptive Innovator Mindset

Startup Professionals Musings

One of the business ironies that many entrepreneurs have learned the hard way in the past is that ideas which are truly disruptive carry the highest risk of failure, take the longest to gain traction, and thus are the least likely to get external funding. Great entrepreneurs aren’t just dreamers, they are doers.

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What Entrepreneurs Should do about Price Fixing

Both Sides of the Table

I thought I’d try to look at it from a different lens, that of the entrepreneur. As an entrepreneur you should assume that. Have you reference them? So what is an entrepreneur to do? I sometimes ask entrepreneurs. But I do the same thing with entrepreneurs and I do it publicly on This Week in VC.

Pricing 292
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Outbound VC Dialing Programs – Total Disrespect for Entrepreneurs

Both Sides of the Table

“Hi [entrepreneur], I hope all is well. I know the firm well and I know the entrepreneur & his business well. But if that’s all that they’re after then entrepreneurs should definitely be wary of taking these calls. So I have to imagine many other entrepreneurs felt the same. They’re flattered.

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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Only one-third make it past their tenth anniversary. Commit to a major customer. Marty Zwilling.

Startup 136
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Why Entrepreneurs & VCs Should Focus on Basecamp, Not the Summit

Both Sides of the Table

Equally, I encouraged entrepreneurs to spend time getting to know their future VCs early because getting a feel for your chemistry is far more important than how the VC is ranked in some survey. Equally, I encouraged entrepreneurs to thoroughly reference check their VCs – you’ll learn much more from this than anything else.