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73.6% of all Statistics are Made Up

Both Sides of the Table

Often when they do I throw out my favorite statistic: 73.6% of all statistics are made up. Here’s how I learned my lesson: I started my life as a consultant. I had to read each report, synthesis it and then come up with our best estimate of the markets going forward. I say it deadpanned. It’s irony.

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8 Tips For Startups Preparing For The Media Spotlight

Startup Professionals Musings

Now, even the earliest stage startup can rise to visibility or be forever lost by their first media spotlight, so it behooves us all to know the rules early. Most entrepreneurs I know admit to a poor first media interaction, and many are still waiting for the instant replay. On the social media side, the stakes are just as great.

Media 118
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7 Keys To A Winning Business As A Phone App Developer

Startup Professionals Musings

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. Yet according to other statistics, vanishing few of these ever generate a significant profit. If you want to drive up the demand for your core product, one smart tactic is to drive down the price of all complementary products.

Develop 138
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10 Quotes You Should Never Use Around A Business Plan

Startup Professionals Musings

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. Every pitch should start with a concise statement of the problem and your innovative solution.

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As An Entrepreneur, Are You Ready To Meet The Press?

Startup Professionals Musings

Now, even the earliest stage startup can rise to visibility or be forever lost by their first media spotlight, so it behooves us all to know the rules early. Most entrepreneurs I know admit to a poor first media interaction, and many are still waiting for the instant replay. On the social media side, the stakes are just as great.

Press 96
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Entrepreneurs Should Create A Degree – Not Buy One Off The Rack

InfoChachkie

Entrepreneurs create their own jobs, why shouldn’t they also create their own degrees? As described in Should Millennial Entrepreneurs Skip College? most young entrepreneurs benefit greatly from the college experience. Like a sheepeople, I dutifully signed up for the required classes. Proposed Startup Curriculum.

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10 Entrepreneur Approaches That Turn Off Investors

Startup Professionals Musings

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. Every pitch should start with a concise statement of the problem and your innovative solution. Marty Zwilling.