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10 Tips To Ensure That Your New Venture Is Investable

Startup Professionals Musings

A software product is a classic example of a scalable solution, since it costs real money to build the first copy, but unlimited additional copies can be quickly cloned for almost no incremental cost. Investors don’t invest in services startups. Investors don’t invest in services startups.

Tips 135
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5 Key Growth Initiatives In This Inflationary Economy

Startup Professionals Musings

For example, in my discussions with business owners, some have already used inflation positives to update their inventory values, take advantage of reduced mortgage rates, or simply making the price increases that they have long needed. Innovation is not all about break-through technologies and big financial investments.

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5 Pitfalls to Avoid When Transforming Your Business

Startup Professionals Musings

For example, only a few people today still think of Amazon as an online provider of books and related goods, now that they have exploded their business world-wide into every product arena, added web services (AWS), television and film production (Metro-Goldwyn-Mayer), a bricks-and-mortar grocery chain (Whole Foods), and more.

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10 Keys To Enabling Your Startup For Unicorn Growth

Startup Professionals Musings

A software product is a classic example of a scalable solution, since it costs real money to build the first copy, but unlimited additional copies can be quickly cloned for almost no incremental cost. Investors don’t invest in services startups. Investors don’t invest in services startups.

Startup 154
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6 Cost-Cutting Recommendations For New Entrepreneurs

Startup Professionals Musings

You can now skip the mandatory office space rental, with secretary and bookkeeping staff, or outsourcing. Minimize investment in prototypes and tooling. Today, productivity is way up, you can do most anything yourself, and you can outsource to contractors with more skill and less cost.

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10 Business Model Components Required In Every Plan

Startup Professionals Musings

There are no “overrides” – for example, businesses don’t thrive just because they offer the latest technology, or because everyone wants to be “green,” or because their goal is to reduce world hunger. Common choices include manufacturing in-house, outsourcing, off-the-shelf parts. Production. How do you produce your product or service?

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7 Ways Your People Skills Are The Key To Your Success

Startup Professionals Musings

For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price. Customers won’t pay to see your new employees learning on the job, and outsourcing the real work to a cheap labor source is a recipe for disaster.

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