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73.6% of all Statistics are Made Up

Both Sides of the Table

Often when they do I throw out my favorite statistic: 73.6% of all statistics are made up. Here are some examples: - You ask a small sample set so that data isn’t statistically significant. This type of statistical error is known as “selective bias.&#. People throw them around at cocktail parties.

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7 Keys To A Winning Business As A Phone App Developer

Startup Professionals Musings

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. Yet according to other statistics, vanishing few of these ever generate a significant profit. But there are a wealth of other categories, new ones are constantly appearing, and the ecosystem is always shifting.

Develop 138
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As An Entrepreneur, Are You Ready To Meet The Press?

Startup Professionals Musings

Most entrepreneurs I know admit to a poor first media interaction, and many are still waiting for the instant replay. He provides 101 two-page lessons divided into eight learning categories that I like as follows: Learn the ground rules for traditional media. Why do many entrepreneurs think they can “wing it” and get the same results?

Press 96
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Entrepreneurs Should Create A Degree – Not Buy One Off The Rack

InfoChachkie

Entrepreneurs create their own jobs, why shouldn’t they also create their own degrees? As described in Should Millennial Entrepreneurs Skip College? most young entrepreneurs benefit greatly from the college experience. When trying to cobble together a startup degree, consider the following categories of classes.

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10 Entrepreneur Approaches That Turn Off Investors

Startup Professionals Musings

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. Real contracts, testimonials, and even statements of intent are much more effective, if not real revenue and growth statistics.

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8 Tips For Startups Preparing For The Media Spotlight

Startup Professionals Musings

Most entrepreneurs I know admit to a poor first media interaction, and many are still waiting for the instant replay. He provides 101 two-page lessons divided into eight learning categories that I like as follows: Learn the ground rules for traditional media. Why do many entrepreneurs think they can “wing it” and get the same results?

Media 118
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10 Quotes You Should Never Use Around A Business Plan

Startup Professionals Musings

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. Real contracts, testimonials, and even statements of intent are much more effective, if not real revenue and growth statistics.