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Don’t Underrate The Value Of A Startup Plan Document

Startup Professionals Musings

Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan, or none at all. Don’t try to impress constituents with technical terms, jargon, and acronyms.

Startup 102
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Here Is When Your New Business Needs A Written Plan

Startup Professionals Musings

Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan, or none at all. Don’t try to impress constituents with technical terms, jargon, and acronyms.

Sample 137
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5 Keys To Satisfaction When Starting A New Business

Startup Professionals Musings

As a mentor to many aspiring entrepreneurs, I’m often asked what it takes to get satisfaction from this lifestyle. Find the men and women you wish to be more like, talk to them, study them, and learn from them. Then write them down. Only 13 percent of workers are fully engaged in their job. Take action now.

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8 Keys For Transforming An Innovation Into A Business

Startup Professionals Musings

As a mentor to many business professionals and owners, and aspiring entrepreneurs, I find a wealth of innovative ideas, but often less insight on what it really takes to transform ideas into an income stream that can excite new customers into long-term business success. Write down your business model and five-year plan.

Ideas 145
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7 Essential Steps From A Lone Entrepreneur To Success

Startup Professionals Musings

Studies show that as much as 50-90% of communication is body language. Nominate someone as your mentor. Build a two-way relationship with several people who can help you, and then kick it up a notch with one or more, by asking them to be your mentor. They never call, they never write, and wait for you to make the first move.

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7 Scenarios Where A Business Plan Is Still An Asset

Startup Professionals Musings

As a startup mentor and investor, I am approached regularly by aspiring entrepreneurs who assert that business plans take too much time, are inaccurate, and rarely add value. In fact, they are probably in such a hurry to give you money that they don’t want you to waste time writing anything down and passing it along to new investors.

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8 Strategies For Remaining Cool And Collected At Work

Startup Professionals Musings

Unfortunately, many of the business professionals I meet these days in my mentoring and consulting activities feel perennially stressed and out of control, versus calm and satisfied with their position. Some recent studies by scientists assert that multi-tasking not only reduces your output, but it also reduces your IQ.

Demand 103