Browsing Tag entrepreneurs

Key Mentality Attributes For Entrepreneurs

By Martin at September 8, 2014 | 11:37 am | 0 Comment

Key Mentality Attributes For Entrepreneurs

As an angel investor and a mentor to aspiring entrepreneurs, I’m always disappointed to see founders who seem stressed out most of the time, and more annoyed than energized by the abundance of challenges they see in building their startup. The entrepreneurial lifestyle is a tough one under the best of circumstances, and it’s one you have to love in order to more...

BizLifestyle , entrepreneurship

Basic Principles Of Business Writing For Entrepreneurs

By Martin at September 4, 2014 | 11:29 am | 0 Comment

Basic Principles Of Business Writing For Entrepreneurs

Even in this age of videos and text messages, the quickest way to kill your startup dream with investors, business partners, or even customers, is embarrassingly poor writing. Being very visible in the startup community, I still get an amazing number of badly written emails, rambling executive summaries, and business plans with one paragraph per chapter. In the more...

BizIdeas , entrepreneurship ,

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 ,