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5 Risk Reduction Strategies For Your Next New Venture

Startup Professionals Musings

According to a classic Harvard Research study, first inventors spend at least a third more on their initial technology than later innovators. Market research can thus be based on real customers and a previously tested market. Studying and learning from the mistakes of others is the best way to reduce your own risks.

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5 Keys To Reducing Startup Risk By Building On Trends

Startup Professionals Musings

According to a classic Harvard Research study, first inventors spend at least a third more on their initial technology than later innovators. Market research can thus be based on real customers and a previously tested market. Studying and learning from the mistakes of others is the best way to reduce your own risks.

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7 Personal Decisions That Delineate Your Best Startup

Startup Professionals Musings

Unfortunately, these goals are often mutually exclusive, and focusing on the wrong ones won’t bring you that business success and satisfaction you crave. You need complementary skills for marketing, financials, and operations. I do first recommend getting some business experience, building relationships, and managing risk.

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6 Due Diligence Goals When Vetting Business Partners

Startup Professionals Musings

In every case, a partner can be an asset, bringing new skills and perspectives to the business; or a burden, making every decision more difficult, and taxing your lifestyle satisfaction. You need to do the due diligence to make that decision before you sign away your equity. Always make sure you can enjoy some fun together.

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10 Startup Founder Decisions That Have No Good Answer

Startup Professionals Musings

In a famous Harvard study of 212 new ventures a few years ago, USC professor Noam Wasserman found that half the founders were no longer at the helm after three years, and over time 80% were forced out. The right time to jump is a function of favorable career, personal, and market circumstances. The right time to start dilemma.

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A Startup That Imitates, With Innovation, Often Wins

Startup Professionals Musings

According to a classic Harvard Research study, first inventors spend at least a third more on their initial technology than later innovators. Market research can thus be based on real customers and a previously tested market. Studying and learning from the mistakes of others is the best way to reduce your own risks.

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Smart Entrepreneurs Don’t Need Disruptive Technology

Startup Professionals Musings

According to a recent Harvard Research study, first-time inventors spend at least a third more on their initial technology than later innovators. Market research can thus be based on real customers and a previously tested market. Studying and learning from the mistakes of others is the best way to reduce your own risks.