Startup Professionals Musings
AUGUST 25, 2023
To keep you out of this statistic, I recommend the following steps to all aspiring business owners as they step into this new and exciting world of managing your own business: Solidify your funding plan before you start spending. Pick a name, location, and marketing strategy early. Names and taglines are critical to success.
Startup Professionals Musings
MAY 8, 2022
That’s not an attractive statistic if you crave control and power. The right time to jump is a function of favorable career, personal, and market circumstances. Don’t wait for the harsh reality of the demanding business world to start thinking about these tradeoffs. The right time to start dilemma. Marty Zwilling.
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Startup Professionals Musings
JULY 3, 2015
For financial reasons alone, an IPO is a statistically rare phenomenon, happening just 275 times in 2014 , out of almost 500,000 startups. Private companies typically have an internal board of friendly owners, unlikely to be pressured by the media to consider an unfriendly tender offer from another major player in the market.
Startup Professionals Musings
AUGUST 10, 2019
That’s not an attractive statistic if you crave control and power. The right time to jump is a function of favorable career, personal, and market circumstances. Don’t wait for the harsh reality of the demanding business world to start thinking about these tradeoffs. The right time to start dilemma. Marty Zwilling.
Startup Professionals Musings
JANUARY 11, 2016
Seek evidence of market opportunity to balance your passion. These days, there are over 150 credible market-research companies online sizing opportunities, including Nielsen and Gartner. The average overnight success for a startup takes six years, say marketing expert Seth Godin. And he is an optimist.
Startup Professionals Musings
MAY 5, 2017
Statistics show that the failure rate for new businesses within the first four years is fifty percent or greater, even with companies that have a large startup budget. Expect to spend your limited budget on marketing. Word-of-mouth and minimal marketing does not drive a sustainable business.
Startup Professionals Musings
JUNE 8, 2016
They don’t realize that according to statistics , more than 90 percent of satisfied entrepreneurs use bootstrapping, since other people’s money always comes with strings, most of them negative. Every startup I know has had to pivot at least once, no matter how certain they were of their solution and market.
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