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9 Strategies For Implementing An Innovative Business

Startup Professionals Musings

Many people believe that new ideas are the critical element of innovation, but in my experience as a mentor and investor, long-term business success is more about implementation than ideas. Developing the ideal product the first time around is unlikely, high risk, and very expensive in today’s chaotic market.

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7 Indications Of Your Ability To Get Business Results

Startup Professionals Musings

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. Registered patents and other intellectual property. Finally I realized that venture capital and angel investors are actually humans, despite some views to the contrary.

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5 Ways To Make Innovation A Priority In Your Business

Startup Professionals Musings

For example, BlackBerry was really the first in the smart mobile phone market, but they never thought beyond their tiny physical keyboard as they added new features. One way to do this is to nurture mentoring relationships with experts in other disciplines, as Bill Gates did with Warren Buffet. Always practice thinking outside the box.

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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. There are lots of resources available for that question, including the Internet and mentors like me. Look hard at the technology for feasibility and risk. File at least a provisional patent and one or more trademarks.

Ideas 136
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7 Principles For Being A Wise Business Decision Maker

Startup Professionals Musings

As a mentor to aspiring business owners. If your passion is a new technology, make sure you understand how it fits into the existing social culture, the environment, and political realities. Act in the interests of expanding the total market. In business, just leading your company is not enough.

Patents 138
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Reflections on 2020: Brian Mac Mahon, Expert Dojo

socalTECH

Previously we had to bring companies from all around the world to our 8 week accelerator program in Santa Monica and we were restricted by having to use local investors, trainers and mentors to keep our startups occupied. This is my 4th market upset and in the first three I was defensive. Find opportunity in chaos.

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7 Personal Attributes That Attract Investor Attention

Startup Professionals Musings

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. Registered patents and other intellectual property. Finally I realized that venture capital and angel investors are actually humans, despite some views to the contrary.