Remove Invest Remove Organization Remove Outsource Development Remove Startup
article thumbnail

How To Scale Your Startup Far Beyond Organic Growth

Startup Professionals Musings

Every entrepreneur tries to maximize his startup growth by building and selling more product and services for the widest geographic area that he can support. Building through internal development, or organic growth, makes the most sense when you have a core set of skilled internal resources. External scanning for resources.

article thumbnail

6 Key Leaders Every Technical Startup Needs To Thrive

Startup Professionals Musings

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. That’s why investors say they invest in people (bet on the jockey, not the horse), rather than the idea. The sales professional.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Startup Funding Models That Depend On The Consumer

Startup Professionals Musings

Yet as I mentor entrepreneurs around the country, crowdfunding still seems to be one of the least understood approaches to startup funding, with more myths than accredited angels and professional venture capital investors combined. With this model, a startup pre-sells their product early, at a cheaper price, in exchange for a pledge.

Funding 141
article thumbnail

Are MBAs Necessary for Start-ups or VC?

Both Sides of the Table

This is part of my ongoing series called “ Start-up Lessons.&#. I came across this blog post about getting a computer science degree as the best degree for getting into venture capital or working at a VC-backed start up. I paid up for the diploma but can’t say that I saw better results.

Startup 337
article thumbnail

8 Signs Of A New Business Initiative And Not A Hobby

Startup Professionals Musings

As a startup investor, I often see business proposals looking for funding that really look like expensive hobbies looking for donations. This is the first business process that every startup needs, that I wouldn’t expect to find for a hobby. Solution development and delivery. Managing to specific goals, priorities, and a plan.

article thumbnail

Finding a strategic partner, investor or buyer

Berkonomics

Get organized. Research is paramount, and sources are everywhere, especially for public companies and large investment firms. Start with the “matrix method.”. You and your advisors, board or partners should start by completing what you can of the matrix shown on this page. Here are the steps to take. Think carefully.

article thumbnail

5 Pitfalls to Avoid When Transforming Your Business

Startup Professionals Musings

No matter how well your business seems to have worked for you up to this point, you can be certain that it will need to be heavily transformed for tomorrow’s new world-wide economy and no industry sector boundaries. Transforming your organization for the new global economy requires perseverance and long-term thinking.