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6 Reasons To Disclose Your Startup Idea Before Commit

Startup Professionals Musings

Savvy entrepreneurs start testing their ideas on potential customers even before the concept is fully cooked. They have enough confidence in their ability to deliver that they don’t worry about someone stealing the idea to get there first, and they don’t forget to listen carefully to critical feedback.

Ideas 126
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6 Success Stages Every Entrepreneur Idea Has To Pass

Startup Professionals Musings

As a business mentor, I sometimes feel besieged by people begging for my view and support of their latest idea. In reality, I like most ideas, but I have to tell them that the real challenge is taking the inspiration from a dream to a business reality. Attend trade shows and network to find the right players and pitch your product.

Ideas 136
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10 Reality Checks On How To Get From Idea To Delivery

Startup Professionals Musings

Most people think innovation is all about ideas, when in fact it is more about delivery, people, and process. At the same time, myths about innovation are commonplace in business. While it is true that you can’t get started without an idea, the importance of the Big Hunt is vastly overrated. Marty Zwilling.

Ideas 135
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5 Tips For Startups Looking For A Great Solution Idea

Startup Professionals Musings

Potential startup founders are always looking for ideas to implement, when they should be looking for problems to solve. Customers pay for solutions, but there is no market for ideas. I’m often approached by people with a “million dollar idea,” but I haven’t seen anyone pay that for one yet. Marty Zwilling.

Ideas 145
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6 Tips For When And How To Disclose Your Startup Idea

Startup Professionals Musings

Most entrepreneurs I meet are reluctant to disclose anything about their idea to investors before getting a signed confidential disclosure agreement (CDA). Yet I can assure you that people who are paranoid, or want to avoid all risks, won’t be happy as entrepreneurs, so it’s all about balancing the risk-reward scale.

Ideas 159
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6 Funding Resources For Ideas Needing More Validation

Startup Professionals Musings

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. This early stage is often called basic research , well before any specific commercially viable products might be envisioned. Commercial product prototypes. Product verification and clinical trials.

Resource 102
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How To Incent Your Team To Find More Innovative Ideas

Startup Professionals Musings

In fact, some very innovative individuals, known as ‘idea people’ or inventors, often end up creating the most dysfunctional teams. The only way to build productive, collaborative, innovative, and cohesive teams is by resolving core dysfunction issues and implementing a structured process for innovation. Generate ideas.

Ideas 123