Browsing Tag entrepreneurs
How To Take Smart Risks For Your Business
By Martin at May 18, 2013 | 8:52 am | 0 Comment
Being a risk taker in business is not the same as being reckless. Nevertheless, the word “risk” has a negative connotation to most of us, implying danger and possible loss. For true entrepreneurs, risk is viewed as a positive, with its implied challenge to overcome the unknown and hitting the big return. In fact, risk is an integral part of life, as well as every more...
174th 1M/1M Roundtable For Entrepreneurs: Calculate Your TAM Accurately
By Guest Post at May 17, 2013 | 10:38 am | 0 Comment
174th 1M/1M Roundtable For Entrepreneurs: Calculate Your TAM Accurately Today’s roundtable had several entrepreneurs with promising businesses, including some already in revenue. Localvore First, Cameron Kramlich from San Francisco, California, pitched Localvore, a concept for local artisans to be able to sell their merchandise to consumers who want to shop more...
7 Customer Tips That Every Entrepreneurs Needs To Consider
By Martin at May 16, 2013 | 8:25 am | 0 Comment
Customer service has always been reactionary, meaning someone has to wake up and answer website email requests. That’s just not savvy enough to hold today’s fickle, less loyal, and ready to jump customer. Great startups are getting ahead of the game with “anticipatory customer service,” like providing smart phone access to product and account data to head off more...
6 Tips To Increasing A True Sense Of Urgency For Startups
By Martin at May 13, 2013 | 8:15 am | 0 Comment
In today’s business startup environment, if you don’t move fast, you get run over. Without a sense of urgency, people and businesses just can’t move fast enough. Speed is the driver because customers have a zero tolerance for waiting, and there are always competitors gaining on you. John P. Kotter, in "A Sense of Urgency," delves into the how-to required of more...
173rd 1M/1M Roundtable For Entrepreneurs: Promising Portfolio From India
By Guest Post at May 11, 2013 | 8:54 am | 0 Comment
173rd 1M/1M Roundtable For Entrepreneurs: Promising Portfolio From India Today’s roundtable comprised entirely of Indian entrepreneurs. Avaz First, Ajit Narayanan from Chennai, India, pitched Avaz, an iPad app for autistic children. Ajit is a 1M/1M premium member, and has been working with us on his strategy to not only increase the revenues from his products more...
How To Build Sustainable Million Dollar Startup Company
By Martin at May 10, 2013 | 8:29 am | 0 Comment
Entrepreneurs seem more quickly frustrated these days when their “million-dollar idea” doesn’t turn into a sustainable business overnight. They don’t realize that it takes many skills to build a business under the best of circumstances, and today’s world of instant gratification doesn’t leave room for the patience and practice to develop these more...
Why Entrepreneurs Need Executive Mental Toughness?
By Martin at May 7, 2013 | 8:32 am | 0 Comment
In sports, mental toughness is defined as the ability to focus on and execute solutions, especially in the face of adversity. If anyone in business ever needed mental toughness, it’s an entrepreneur. Investors tell me that startup success is all about execution, all while facing determined competitors and overcoming customers’ resistance to change. Dr. Jason Selk, more...
172nd 1M/1M Roundtable For Entrepreneurs: Tech Recruitment in Bulgaria; Custom Fashion in India; Incubator-in-a-Box
By Guest Post at May 4, 2013 | 9:09 am | 0 Comment
172nd 1M/1M Roundtable For Entrepreneurs: Tech Recruitment in Bulgaria; Custom Fashion in India; Incubator-in-a-Box Today’s roundtable had an interesting group of talented people working on a diverse set of businesses. Before we go there, however, I must bring to your attention our newly launched Incubator-in-a-Box. To enable everyone in any part of the world more...
Why Every Entrepreneurs Should Come Out From Their Comfort Zone?
By Martin at May 3, 2013 | 8:18 am | 0 Comment
One of the biggest impediments to starting a new venture is the “terror barrier,” as popularized by Bob Proctor, a 75-year-old millionaire and world renowned entrepreneur. This is the imaginary barrier that always seems to appear at the critical point where we would step out ahead of peers or competitors, but fear causes us to stop short. Everyone has a comfort more...
Why Entrepreneurs Should Not Rely On Gut Feeling All The Time?
By Martin at April 26, 2013 | 10:32 am | 0 Comment
I still know some entrepreneurs who boast of simply following their gut instincts, rather than listen to anyone or any data, to make strategic decisions. We’ve all worked with autocratic leaders in large companies who seem to thrive in this mode. They all forget or ignore the high-profile failures that have resulted from some single-handed business decisions. One of more...
