Remove Mentor Remove Metrics Remove Patents Remove Startup
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5 Keys To An Unbeatable Solution For Your New Startup

Startup Professionals Musings

In my role as advisor and mentor to many new entrepreneurs, I often find myself suggesting that they think bigger. A successful startup requires a full understanding of multiple domains, rarely embodied in one person. I do recommend non-disclosures and patents, but more can be gained than lost by talking to outside experts.

Startup 162
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5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Cash flow is a basic survival metric for every startup. Yet it always amazes me that I can find two different startups, seemingly working on the same problem, with one having a burn rate several times higher than the other. They understand startup realities. Desperate entrepreneurs lose their leverage and die young.

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5 Keys To Minimizing The Burn Rate For Your Startup

Startup Professionals Musings

Cash flow is a basic survival metric for every startup. Yet it always amazes me that I can find two different startups, seemingly working on the same problem, with one having a burn rate several times higher than the other. They understand startup realities. Desperate entrepreneurs lose their leverage and die young.

Startup 89
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5 Steps To Maximizing Your Startup Cash Flow Runway

Startup Professionals Musings

Cash flow is a basic survival metric for every startup. Yet it always amazes me that I can find two different startups, seemingly working on the same problem, with one having a burn rate several times higher than the other. They understand startup realities. Desperate entrepreneurs lose their leverage and die young.

Startup 108
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5 Ways To Conserve Investor Cash And Ensure Survival

Startup Professionals Musings

Cash flow is a basic survival metric for every startup. Yet it always amazes me that I can find two different startups, seemingly working on the same problem, with one having a burn rate several times higher than the other. They understand startup realities. Desperate entrepreneurs lose their leverage and die young.

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6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

Based on my experience and data from the field, over seventy-five percent of new startups fail, even with venture backing. There are lots of resources available for the challenge of that activity, including the Internet and mentors like me. Any startup with no patents, trade secrets, or other secret sauce is very high risk today.

Ideas 94
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5 Steps To Get You From Your First Idea To A Business

Startup Professionals Musings

in Physics who talks passionately about starting a business producing nuclear powered batteries. Then, he'll need to patent it and create a plan to show opportunity, competition, and financial projections. Create a written plan, with target milestones and metrics. For example, I have a friend with a Ph.D.

Ideas 126