entrepreneurship

How To Give Funding Pitch To Angel Investors

By Martin at January 21, 2015 | 11:25 am | 0 Comment

How To Give Funding Pitch To Angel Investors

The average length of a funding pitch to Angel investors is ten minutes. Even if you have booked an hour with a VC, you should plan to talk only for the first fifteen minutes. The biggest complaint I hear from investors is that startup founders often talk way too long, and neglect to cover the most relevant points. Or they get sidetracked by a technical glitch due to poor more...

Money Matters , entrepreneurship , ,

How To Make Your Startup Company More Profitable

By Martin at January 19, 2015 | 11:06 am | 0 Comment

How To Make Your Startup Company More Profitable

Successful entrepreneurs often start with a “random” idea, but they quickly focus their efforts and follow a “system” to organize their startup and maximize the clout of their activities. Too many entrepreneur “wannabes” never get past the idea stage, or strike out randomly in many directions, hoping that their passion will convince people to follow them and more...

StartUPS , entrepreneurship ,

5 LifeCycle Phases Of Startup Company

By Martin at January 16, 2015 | 11:18 am | 0 Comment

5 LifeCycle Phases Of Startup Company

Successful startups seem to follow similar paths to greatness, and unfortunately all too often that path leads them back down the hill much faster than they went up. Big company powerhouses, like IBM and Xerox, took fifty years to make the cycle, but new companies today, in the age of the Internet, often make the cycle in five to ten years, or even less. Consider MySpace more...

StartUPS , entrepreneurship

How Entrepreneurs Should Deal With Failure

By Martin at January 14, 2015 | 11:06 am | 0 Comment

How Entrepreneurs Should Deal With Failure

If you can’t deal with failure, then the entrepreneur lifestyle is not for you. Don’t believe that urban myth that all you need is a good idea, a little fun work, and the money will start rolling in. When you are pushing the limits, nobody gets it right the first time, or even maybe the tenth time. That’s why the term “pivot” was invented, so you don’t have to more...

BizIdeas , entrepreneurship , ,

10 Ways To Make Your Startup Company Scalable

By Martin at January 12, 2015 | 11:08 am | 0 Comment

10 Ways To Make Your Startup Company Scalable

Investors will tell you that they love to put money into startups that are scalable, and ready to scale. But what does that really mean? Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Ready to scale is when you have a proven product and a proven business model, about to expand to new geographies more...

BizIdeas , entrepreneurship

Ten Strategic Tips For Entrepreneurs

By Martin at January 7, 2015 | 10:47 am | 0 Comment

Ten Strategic Tips For Entrepreneurs

Businesses always seem to take longer to succeed than an entrepreneur expects. Seth Godin once said that overnight success in startups takes about six years, and Seth is an optimist. Thus we all look for shortcuts. Execution shortcuts would be hidden strategies to achieve the endgame sooner, without losing 40 to 60 percent of the financial potential along the way. The more...

BizIdeas , entrepreneurship

Financial Forecasting Tips For Startups

By Martin at January 5, 2015 | 11:32 am | 0 Comment

Financial Forecasting Tips For  Startups

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. Yet every business requires revenue and volumes, as certainly as it requires a product to sell. Thus, financial projections for up to five years are a necessary element in more...

Money Matters , entrepreneurship

Smart Productivity Tips For Entrepreneurs

By Martin at January 3, 2015 | 10:41 am | 0 Comment

Smart Productivity Tips For Entrepreneurs

If you define your self-worth as an entrepreneur by how busy you are, it’s time to find another lifestyle. We all know people who are extraordinarily busy, but never seem to accomplish anything. For survival, entrepreneurs need to be all about accomplishing results that matter for themselves, their team, and their customers. That’s productivity. Why is this so more...

BizIdeas , entrepreneurship ,

Strategic Planning Initiatives For Startup In 2015

By Martin at January 1, 2015 | 11:08 am | 0 Comment

Strategic Planning Initiatives For Startup In 2015

Even though it has been a long haul since the recession, it’s nice to see more optimism as we close out this year and head into a new one. A November 2014 report by Kiplinger asserts that economic momentum is back on track. Growth is projected to continue at a 3 percent rate, consumer confidence is gaining strongly, hiring is on the rise, and job openings are at a near more...

BizIdeas , entrepreneurship ,

How To Create A Great Customer Experience For Startup

By Martin at December 31, 2014 | 11:21 am | 0 Comment

How To Create A Great Customer Experience For Startup

Most businesses spend big money testing their brand logo, catchy marketing phrases, and demographics, but spend little time training and validating that their employees can and do deliver memorable experiences to their customers. The result, according to a recent Gallup survey, with 70 percent of workers not fully engaged, is unhappy workers and poor customer more...

BizIdeas , entrepreneurship