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5 Keys To Reducing Startup Risk By Building On Trends

Startup Professionals Musings

It may not be as sexy, but starting a new business which builds on an existing technology or business model is usually less risky than introducing that ultimate new disruptive technology. Many of the major business successes started this way. Many of the major business successes started this way.

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8 Entrepreneurship Principles For Anticipating Change

Startup Professionals Musings

Either they are never really ready to commit, study an opportunity until it has passed, or fail with tools and techniques from a bygone business era. The challenge is to find the time and initiative to keep up with the information wave, and be able to curate the data into knowledge that must be learned, unlearned, or relearned.

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5 Risk Reduction Strategies For Your Next New Venture

Startup Professionals Musings

It may not be as sexy, but starting a new business which builds on an existing technology or business model is usually less risky than introducing that ultimate new disruptive technology. Many of the major business successes started this way. Many of the major business successes started this way.

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Startups Need Your Data, But Consumers Are Still Wary

Startup Professionals Musings

a leading researcher on consumer behavior and the impact of digital, reports that decision makers, social media users, and younger demographics are more and more comfortable sharing data in order to close the gap between thought and action. Norton, Ph.D., No-comfort consumers – 17 percent.

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6 Keys to Superior Thinking in Business Innovations

Startup Professionals Musings

She is an expert on the study of innovation, and professor at Columbia Business School. Start with a real problem, rather than a technology or solution looking for a problem. Keep revising until you find that your study and interviews no longer give you further ideas. Revision of the breakdown list is a key part of the process.

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5 Current Technologies Still Have Room For Innovation

Startup Professionals Musings

A common request I get while mentoring entrepreneurs is for a copy of the startup checklist they need to follow, in order to build a successful new business. The challenge is that every new business needs to be innovative and different, in order to rise above the crowd, bring real change to the world, and give you the satisfaction you seek.

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8 Learning Principles To Keep You Ahead Of The Game

Startup Professionals Musings

Either they are never really ready to commit, study an opportunity until it has passed, or fail with tools and techniques from a bygone business era. The challenge is to find the time and initiative to keep up with the information wave, and be able to curate the data into knowledge that must be learned, unlearned, or relearned.