Browsing Tag startup company

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...

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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...

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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 ,

Why Startup Company Need To Create A Blog?

By Martin at April 22, 2013 | 8:03 am | 0 Comment

Why Startup Company Need To Create A Blog?

With the an estimated 150,000 new websites and 7.3 million new pages added to the Internet every day, the biggest challenge for every entrepreneur is to get found, and get some credibility for a new startup. I can attest from experience that publishing a regular blog to properly showcase your offering, even before you have it, is a most cost effective approach in time and more...

BizIdeas , entrepreneurship

How To Choose Right Business Partner For Your Startup Company?

By Martin at February 9, 2013 | 9:43 am | 0 Comment

How To Choose Right Business Partner For Your Startup Company?

A while back I talked about how and where to find a co-founder in “For a Startup, Two Heads are Always Better Than One.” The feedback was good, but some readers asked me to be a bit more specific on attributes that might indicate an ideal startup partner. Even if you are looking in all the right places, it helps to know what you are looking for. In this context, more...

BizIdeas , entrepreneurship ,

How Startup Company Should Approach Media Company

By Martin at December 18, 2012 | 8:41 am | 0 Comment

How Startup Company Should Approach Media Company

Not so long ago, training to meet the press and television reporters was a realm reserved for top business executives only. Now, even the earliest stage startup can rise to visibility or be forever lost by their first media spotlight, so it behooves us all to know the rules early. Most entrepreneurs I know admit to a poor first media interaction, and many are still more...

BizIdeas , entrepreneurship ,