The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement.
7 Costs to Consider Before Taking Your Startup Public
A rundown of things you absolutely must know before taking your company public.
7 Startup Marketing Strategies To Bring In Customers
Basic beginners guide to startup marketing strategies with an explanation of several channels that are easy to understand.
10 Ways Entrepreneurs Limit Their Creative Potential
Anyone with a practical and common-sense mindset, grounded in reality, with the proper training, can deliver creative and innovative new ideas, projects, processes, and programs. The first step is to resist the urge to limit your thinking to the following long-standing myths.
6 Keys to Successfully Addressing Investor Questions
Here are some guidelines that will help you with the right answers, not only in closing your next investment but in planning when and how much money to ask for.
8 Steps to Success With a Startup Board and Advisors
Some “rules of thumb” for establishing at least an advisory board well before you sign up investors or ship your first product.
9 Different Approaches for Motivating a Startup Team
Very few people know their own leadership style, or strengths and weaknesses, despite their many years of living and working in the real world. To assess where you are, and to unlock your full potential, there are many courses available, as well as seminars and gurus, but a good place to start is a book on the subject, like the classic one from John Mattone, “Intelligent Leadership.”
5 Ways To Validate Your Technology As Market Driven
Smart entrepreneurs build market-driven solutions. Most people are wary of change, and know that new technologies take time to learn and stabilize, so customers prefer solutions based on tried and tested proven technologies.
7 Startup Leadership Keys to Ramp Up Team Commitment
Checklist for developing team connections and building engaged team members as a key step in becoming an effective team leader, even if your team is spread all over the country.
5 Strategies For Balancing Revenue Versus User Growth
In the last decade or two, companies have achieved market valuations in billions of dollars, while clearly sacrificing revenue to gain users. The pendulum is swinging back, with investors looking more for the traditional indications of business integrity, stability, and growth.
7 Questions Entrepreneurs Need to Ask Before Raising Funding
The color of any investor’s money may look the same, but it won’t help you if the price you pay is higher than the value it brings.