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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. Let your constraints drive innovation.

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Accelerators Have Resources To KickStart Your Startup

Startup Professionals Musings

Most of these are non-profits, set up by a university to commercialize new technologies, or a municipality to foster business development for the local economy. 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.

Resource 159
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Wescom Resources Group Sells Banking Software

socalTECH

Anaheim-based Wescom Resources Group (WRG), which provides technology and software to credit unions, announced that it is selling its Symmetry eBanking digital banking software suit to Connect Financial Software Solutions. Financial terms of the sale were not announced. READ MORE>>.

Resource 113
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6 Funding Resources For Ideas Needing More Validation

Startup Professionals Musings

Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. In this context, there are at least six stages often included in the scope of R&D to narrow your focus: Search for new technologies. Technology pilots.

Resource 102
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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. The alternative is to work with an innovation institute to evaluate your technology, or hire a consultant. As startups pass through each stage, they need to use support resources wisely to minimize costs, wasted time, and maintain credibility to support movement to the next stage.

Resource 171
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7 Critical Resources For A Thriving Startup Community

Startup Professionals Musings

It may not seem fair, but passion and commitment alone are not enough to make your startup successful – every business needs critical resources and favorable location-specific conditions. Many of you are convinced that it’s all about finding investors, but my experience indicates that the critical resources needed go far beyond money.

Resource 131
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How This Founder Wants to Apply Her Technology to Help Save the Planet’s Resources

Both Sides of the Table

[link] And I think we’re all rooting for the Rebecca’s of the world to develop platforms to help us evolve our world and deal with the kind of resource-constrained systems we will likely encounter.

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