Browsing Tag startup company

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 ,

How Lack Of Focus Can Kill Your Startup Company

By Martin at December 18, 2014 | 11:28 am | 0 Comment

How Lack Of Focus Can Kill Your Startup Company

Many passionate entrepreneurs fight to add more features into their new products and services, assuming that more function will make the solution more appealing to more customers. In reality, more features will more likely make the product confusing and less usable to all. Focus is the art of limiting your scope to the key function that really matters for the majority of more...

BizIdeas , entrepreneurship ,

7 Survival Tips For Top Executives Who Wants To Run Startup Company

By Martin at October 15, 2014 | 1:22 pm | 0 Comment

7 Survival Tips For Top Executives Who Wants To Run Startup Company

Mid-level or even top executives who “grew up” in large companies often look with envy at startups, and dream of how easy it must be running a small organization, where you can see the whole picture and it appears you have total control. In reality, very few executives or professional stars from large corporations survive in the early-stage startup 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 ,

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 , ,

How To Avoid Hiring Mistakes In Your Startup Company

By Martin at June 3, 2014 | 8:32 am | 0 Comment

How To Avoid Hiring Mistakes In Your Startup Company

Every startup with any traction quickly reaches a point where they need to hire employees to grow the business. Unfortunately, this always happens when pressures are the highest, and business processes are ill-defined. At this point you need superstars and versatile future executives, yet your in-house hiring processes and focus are at their weakest. The result is a more...

BizIdeas , entrepreneurship

How To Find Ideal Partner For Your Startup Company

By Martin at December 13, 2013 | 8:26 am | 0 Comment

How To Find Ideal Partner For Your Startup Company

Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, and the costs. In a moment of crisis, you may be tempted to take on the first person expressing interest as a co-founder. This would be a mistake, and could easily cost you your startup. If you think about more...

BizIdeas , entrepreneurship , ,

Should Startup Company Approach Investment Banks For Funding?

By Martin at September 11, 2013 | 8:27 am | 0 Comment

Should Startup Company Approach Investment Banks For Funding?

The name “investment bank” somehow always sounded like a place where I could deposit my investments, and maybe even earn a little interest. Then I learned that these banks really negotiate investments and collect fees on the transactions, sort of like commercial banks do with loans to businesses. None normally work for or provide funds for early-stage more...

BizIdeas , entrepreneurship ,

How To Run A New Startup Company

By Martin at September 7, 2013 | 8:50 am | 0 Comment

How To Run A New Startup Company

Everyone knows that that startups are risky, but they also expect that the job will be exciting and potentially very lucrative (think early employees at Facebook and Google). Yet we have all heard stories about the high turnover, unstructured work environment, lower base pay, and unpredictable expectations from the top. Assuming you are lucky enough to get hired, what more...

BizIdeas , entrepreneurship

How To Do Financial Projection For Your Startup Company?

By Martin at May 29, 2013 | 8:32 am | 0 Comment

How To Do Financial Projection For Your Startup Company?

Most entrepreneurs struggle with financial projections, not wanting to commit to numbers they can’t deliver, and having no clue what investors might consider reasonable. However, making no projections, or non-credible projections will get your startup marked as unfundable. I recommend a simple set of guidelines, which work for at least 80% of the business plans I more...

Money Matters , entrepreneurship ,