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6 Ideas To Recover From Business Resource Challenges

Startup Professionals Musings

In reality, resource constraints should be seen by startups a competitive advantage, by forcing them to develop new markets, and to think differently and act differently than existing players. The result, called resourcefulness, allows entrepreneurs to create opportunities in the face of scarcity. Create new kinds of solutions.

Resource 112
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Accelerators Have Resources To KickStart Your Startup

Startup Professionals Musings

A few are still trying to make a profitable business out of nurturing startups, but it’s a challenge to make money when your customer startups don’t have many resources to give. An incubator won’t help you if the market opportunity is small, the competitors are large, or your solution doesn’t address a real need.

Resource 159
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Is your product ready for your market?

Berkonomics

I would be very, very nervous without testing the product in the market as early as possible, ready to make changes and enhancements before committing to production and release. Even with a perfect product, is the market ready for this? Few early-stage companies have the resources to do both. Do NOT rest until you test.

Product 156
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How To Find Support Resources For Your Startup Stage

Startup Professionals Musings

Don’t waste your resources on the wrong ones. Companies at this stage must have a large market, good traction, and be focused on scaling infrastructure and market adoption. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy).

Resource 171
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Do you really want to be the first to market?

Berkonomics

Over the years, as I managed my several computer companies as CEO or executive chairman, I made the decision to go to market with a brand-new product that had never before been exposed to my customer’s marketplace. Changing the rules to fit the market. Do you have the resources to evangelize?”. Apple as a surprising example.

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10 Keys To Success Despite Accelerated Market Change

Startup Professionals Musings

Most experts agree that the pace of business change is increasing , and all the business owners I know are struggling to keep up, much less surpass the wealth of global competitors now entering the market. Highlight the competitive edge you bring to the market. Use test marketing to identify changes before scale-up.

Marketing 116
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“LALA” – A short lesson in marketing

Berkonomics

Focus upon you as marketing genius. Let’s focus not upon the process of marketing and positioning, but on you. How should you become the best marketer you can be, even if you are a first-time entrepreneur or a seasoned CEO? The first rule of marketing and positioning is to listen to the marketplace. . Hire consultants.

Marketing 156