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Marching backwards into the future
Like many of you, I’ve been learning how to use social media to change the way I take in, and disseminate information, news, opinions, etc. So far, it’s working pretty well for me. Most days, I teach...
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3 things to look for in a startup idea
I just had a client step away from her dream idea. It was a bit heart-wrenching, but we both know it’s for the best. Thing is, she’s got the bug now, and has learned some valuable lessons about what...
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Being the “this of that”
Some business ideas are truly revolutionary – radical departures from anything done previously. But most are evolutionary, building on concepts that have already been attempted. There are many...
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To publish, or not to publish…
I’m finishing up a draft of my first book, working title: “The UpStart Manifesto: Planning New Businesses with Speed and Flexibility”. Like any good entrepreneur, I want it published yesterday. So I...
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Half-baked startup idea o’the day.
In most cases, a startup idea isn’t worth all that much. The idea itself may generate 5% of the value, while execution accounts for the remaining 95%. So when my plate is full, like it is now, and I...
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3 reasons to make your startup the this of that
Some business ideas are truly revolutionary – radical departures from anything done previously. When revolutionary ideas lead to successful companies, founders and investors reap bountiful rewards. In...
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Size matters: How to estimate your total addressable market.
Market size is important, because it provides a general idea of just how big an opportunity you’ve got. If you are going after a market where customers currently spend $10 million per year, it’s...
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5 things to look for in a startup idea, for bootstrappers
What types of ideas are best suited to bootstrapping? (We’ll get to “how to bootstrap” in a separate post). Here are a few things to look for: 1. Low startup costs. Look for ideas you can launch...
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5 TIPS FOR FINDING A GREAT STARTUP IDEA
By some accounts, over 30 percent of adult Americans have unrealized dreams of starting their own companies. What’s holding these wannabe entrepreneurs back? Among other things, many of them just can’t...
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7 WAYS TO ASSESS A STARTUP IDEA
Evaluating a new business idea? First, ask yourself the following questions: 1. Does the idea meet your personal criteria? Is it a fit with your goals, passions, and work environment preferences? Are...
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