Browsing Tag entrepreneurs

How To Take Calculated Risk For Your Startup Company Success

By Martin at August 28, 2014 | 11:48 am | 0 Comment

How To Take Calculated Risk For Your Startup Company Success

There is old saying that good lawyers run away from risk, while good businessmen run towards risk. Entrepreneurs see “no risk” as meaning “no reward.” In reality, all risks are not the same. Many risks can be managed or calculated to improve growth or provide a competitive edge, while others, like skipping quality checks to save money, are recipes for more...

BizIdeas , entrepreneurship ,

What are the attributes that make an entrepreneur unstoppable?

By Martin at August 26, 2014 | 10:58 am | 0 Comment

What are the attributes that make an entrepreneur unstoppable?

We all know at least one entrepreneur who always gets things done, and appears unstoppable in his quest. All of you probably know many others who talk incessantly about their great ideas, but never seem to even get started, or they give up at the first obstacle. What are the attributes that make an entrepreneur unstoppable, and is it possible for people to learn to be more...

BizIdeas , entrepreneurship

How Entrepreneurs Should Focus On Their Startup Company

By Martin at August 25, 2014 | 1:47 pm | 0 Comment

How Entrepreneurs Should Focus On Their Startup Company

One of the most common failures I see in startups is lack of focus. Unfocused entrepreneurs boast that their new technology will generate multiple disruptive products for consumers as well as enterprises around the world. Investors hear this as trying to do too many things with limited resources, meaning the startup will not shine at anything, and will not survive the more...

BizIdeas , entrepreneurship , ,

Why Entrepreneurs Should Not Be Secretive About Startup Idea

By Martin at August 22, 2014 | 11:15 am | 0 Comment

Why Entrepreneurs Should Not Be Secretive About Startup Idea

It’s popular these days for startup founders to operate in stealth mode, meaning no details about the idea or progress are shared with anyone until the big reveal and rollout. The common reason given is that this prevents any competitor from stealing their idea and beating them to market. In my view, this paranoid approach costs them much more than the risk of being more...

BizIdeas , entrepreneurship ,

Entrepreneurs Can Get Success Without Disruptive Technology

By Martin at August 1, 2014 | 11:23 am | 0 Comment

Entrepreneurs Can Get Success Without Disruptive Technology

It may not be as sexy, but starting a new business that builds on an existing technology or business model is usually less risky than introducing that ultimate new disruptive technology. There are many levels of innovation that go beyond copying someone else’s idea, but stop short of pushing the bleeding edge. Many of the major business successes started this way. more...

BizIdeas , entrepreneurship ,

Why Personal Integrity Is Important For Entreprenurs

By Martin at July 29, 2014 | 11:15 am | 0 Comment

Why Personal Integrity Is Important For Entreprenurs

As an entrepreneur, your personal integrity is critical for getting and keeping the support of investors and team members, and your company’s integrity is critical for getting and keeping customers and vendors. But in a practical sense, what does that really mean? Most definitions of integrity include something like “the quality of being honest and morally more...

BizIdeas , entrepreneurship ,

When Entrepreneurs Or Business People Should Ask For Entitlement?

By Martin at July 21, 2014 | 11:25 am | 0 Comment

When Entrepreneurs Or Business People Should Ask For Entitlement?

Where did this sense of entitlement in our business culture come from? I’ve written about this before, but I was reminded again a while back at a conference for startups when an entrepreneur started berating investors for not funding early-stage startups. It sounded to investors like me that they felt a funding entitlement for their startup idea. Of course, I’m sure more...

BizIdeas , entrepreneurship , ,

How Entrepreneurs Should Survive The Valley Of Death

By Martin at July 15, 2014 | 11:37 am | 0 Comment

How Entrepreneurs Should Survive The Valley Of Death

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. I often get asked about the real alternatives to bridge this valley, and there are some good ones I will outline here. According more...

BizIdeas , entrepreneurship ,

Why Entrepreneurs Need To Be Accountable

By Martin at June 24, 2014 | 8:26 am | 0 Comment

Why Entrepreneurs Need To Be Accountable

Everyone seems to like the aspect of being an entrepreneur that goes with “being your own boss” and “able to do things my way.” But sometimes they forget that this kind of freedom comes with a price of personal accountability. Accountability means “the buck stops here,” and “all the failures are mine.” Too many people seem to do whatever it takes to more...

BizIdeas , entrepreneurship

How Entrepreneurs Think & Act

By Martin at June 21, 2014 | 10:23 am | 0 Comment

How Entrepreneurs Think & Act

Maybe starting a new business isn’t your passion, but in these days of rapid change, where everyone is dealing with uncertainty, I believe that thinking and acting like entrepreneurs will help you get ahead in any profession. In simple terms this means taking control of your life, going after something you love to do, and taking action. Stop letting life decisions more...

BizIdeas , entrepreneurship