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Reduce five risks: Increase your valuation

Berkonomics

First: Product risk. . Is the product or service possible to produce at all, let alone economically enough to. One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer.

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10 Common Startup Mistakes That Are Rarely Admitted

Startup Professionals Musings

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. I believe the old adage that you don’t know what you don’t know until you try to write it down. Finish the product before marketing begins.

Startup 124
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10 Popular Business Strategies That Most Often Fail

Startup Professionals Musings

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. I believe the old adage that you don’t know what you don’t know until you try to write it down. Finish the product before marketing begins.

Startup 174
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Contract Traps Entrepreneurs Should Avoid At All Costs - Sweet Sixteen Kisses of Death

InfoChachkie

Agree to Bundling Without a Minimum Price. If you enter into a development or trial partnership for free, you are allowing the BDC to forestall its ultimate determination of the value of the partnership. BDCs can afford to hire large staffs to adequately track all of the evergreen provisions in their contracts.

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Can you overcome five risks and create wealth?

Berkonomics

First: Product risk. . Is the product or service possible to produce at all, let alone economically enough to compete in the marketplace? Email readers, continue here…] Are you ahead or behind the market with your product or service? Will the public respond in numbers to buy, license or rent your offering?

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Investors Know A Product Doesn’t Make a Business

Startup Professionals Musings

Why is it that most of the business plans I see are really product plans? I define a product plan as a detailed description of your product or service, with a bit of business thrown in at the end. A business plan is a detailed description of your business, with a bit of product description thrown in near the front.

Product 92
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Entrepreneurs Confuse Product and Business Plans

Startup Professionals Musings

Why is it that most of the business plans I see are really product plans? I define a product plan as a detailed description of your product or service, with a bit of business thrown in at the end. A business plan is a detailed description of your business, with a bit of product description thrown in near the front.

Product 93