... However, many of them fail too. What does this mean? This means YOUR DECISION MAKING SKILLS MATTER!
Determining what type of a decision maker are you is an extremely important factor in succeeding in ...
... while there may be a situation where everything has been made or created for service, this does not mean that people in your area are necessarily doing it. Look around, and if there are lots examples ...
...
What does that mean for a startup?
Pick a color scheme. Make a logo. Shoot a viral video. Make some Facebook advertisements. Buy some Google Ad words. While well intentioned, more often than not ...
... When something does go wrong with your hardware-based phone system, it can mean hours and money lost. A member of your team will have to drop what they are working on to try and contact your service provider ...
... because these meaningless acronyms can lead to misunderstanding among your customers and does nothing to promote your business. Search engine rankings also become a big problem with the kind of "alphabet ...
Choosing the right name for my company
Selecting a name for your new business is not an easy task. A business name does more than identifying your company. Finding the right name ...
... shows a large number of people are willing to take a risk that could even cost their life but does this make them people with entrepreneurial abilities? The answer is NO! Their risk taking abilities are ...
... an existing invention can be patented but that still doesn’t guarantee your rights to exploit your product. You might still need permission to use anything in your device that has been patented by a third ...
... you are in motion, actually producing something, people will respond, contribute, collaborate, and spread the word, driving energy and awareness your way. Innovation does not come without action.
9. ...
...
Physical attributes
what does your service or product to
how is it different from your competitor’s product
what extra benefits does your product have over your competition
what are you doing ...
...
What does that mean for a startup? Especially in accelerators there’s no time or money to waste, so the tendency is to jump from product development straight into marketing execution.
Pick a color ...
... working with a start-up allows you to get in on something big. It doesn’t always happen this way, but if you get lucky, you could be part of a dream that becomes a profitable reality.
If you have ...
... companies that sell primarily to the West but want to raise funds in China. Don’t fall prey to short-term opportunism. If you’re a small company that doesn’t have the resources to invest in the Chinese ...
... some help. Once that is done, you can get down to the nitty gritty of providing support and insight.
For example, you may find that the company you are trying to help does not have an effective ...
... has tried and failed, this does not mean you will go down the same road!
You’re considering it for the wrong reasons…
If you’re tired of working long hours to line the pockets of your employer, ...
... who initially accepted ad revenue to offset the $85 per month server space he rented.
Why does myth and uncertainty lead to failure? Founders are consistently under intense pressure to scale, but have ...
... profit?
A Tool That Does The Job For You!
The core objective of every business is to start making profit. Predictably, no business starts making profit the moment it launches in the market. A product ...
... it's as simple as lack of funds for a company to close their doors.
How Does One Calculate The Startup Capital?
The startup capital for business is based on several factors including:
Personal ...
... the question for a startup because the budget does not allow you to do so.
The next option would be to consult with family and friends, which is a useless strategy because most of them either do not ...
...
This is your plan and you are the entrepreneur and the general. Therefore, you must be evaluated as a commander and a leader of your company and your team. “Does the commander stand for the virtues ...
... thing ever. But that doesn't help. We decide to wait another year for the next version.
2Repudiation. There are many people who don't get the new technology, and now social life is a little like a ...
... situation: either hire a marketing specialist or purchase a business start-up tool, like iGoStartup. The former is not only expensive but doesn’t make any sense if the consultant you choose do not have ...
... busier times? Is your pricing strategy right? What suppliers will you use? What if someone doesn’t pay you? You need to set everything out from the outset. It doesn’t have to be war and peace but set some ...
... until he does not prove his business idea, no investor will be ready to put their money in.
Equity vs. Debt
If you have all the money you need to start up your business in your wallet, there is no ...
... poses a different opinion and supports that education can affect perceptions towards perceived feasibility, although he claims that education does not affect perceived desirability. Thus the issue of the ...
The study on entrepreneurial intentions constitutes a primary step in the further analysis and comprehension of the phenomenon of entrepreneurship and in particular of the conditions and individual characteristics ...
The study on entrepreneurial intentions constitutes a primary step in the further analysis and comprehension of the phenomenon of entrepreneurship and in particular of the conditions and individual characteristics ...
... once you start iterating on your product: which features do they like best; would a specific application that they didn't think of before actually improve the attractiveness of your product. Does your ...
... time and place to make speedy and informed decisions. It’s a force multiplier by allowing your business to react and jump into something important before everyone else does.
7. Do predictive hot-spotting ...
... progress, and add another.
Thus it’s clear to me that your journey from corporate America to being an entrepreneur does not begin with just an innovative idea, or an annoying dissatisfaction. It has ...
... If people work hard, they want it to be recognised. A little bit of praise, gratitude and encouragement goes a long way. If a staff member or team does something well, achieves great results or goes above ...
Entrepreneurial activity does not just happen suddenly. New businesses constitute the result of the intentions that the individual starting it had and this field has been the subject of research for many ...
... observed that “Investors tend to bias ideas that throw out largest nets possible.” What does this mean to you, the startup aspirant? In layman's terms, it means you are probably working on an idea that ...
... sport: Mail and voicemail don’t do it. It’s all about getting face-to-face with people, watching their body language and their reaction to you, your ideas, your “what ifs” and more.
2Selling doesn’t ...
Frequently Asked Questions
iGoStartup Packs
How does iGoStartup work?
iGoStartup is the first completely-online, fully-automated and affordable startup solution for your business. It ...
... needs to have an offer that adds value to its users’ lives. How does the product improve the quality of your target users’ lives? Is this improvement sufficient to justify your user’s investment in your ...
... of cases the shopper doesn’t equal the consumer. The marketers have to know the profile of their consumers in order to create the right products that meet their needs and expectations. But then another ...
Your expenses as a company owner can quickly mount up. From shelling out for your premises to covering wage costs and business rates, you’ve no doubt got many drains on your finances. Then there are ...
... the EXACT addressable market, the end user who will buy your product/service. Our market research tools excel in gathering information and does an outstanding job in delivering this information in a simplified, ...
... Does it work the way they want it to? If so, that’s market potential.
2. Is there revenue potential?
VCs are interested in seeing real revenue potential. It all comes down to this: if your company ...
... You have proven that you can create an innovative product, but creating a business is a whole new challenge. The old adage of “if we build it, they will come” doesn’t work anymore. Every business needs ...
... from successful people, there are more than a few hidden gems out there, so listen, adapt and sell...
What did we learn…?
1Time speeds up - it really does!
2Demo day is a ***** - suck it up
3Keep ...
... businesses can't afford someone with good quality standards. Market research is one area where you SHOULD NOT settle for someone short of 'BEST.'
However, that doesn't mean you should shell out most ...
... our services for free, to anyone who joins StartupBus this year!
If you are from Greece and you’re a hacker, hipster or hustler who’s good at what he does and if you want to participate in the life-changing ...
... good, while all plans should be fluid, this does not always work out to be the case, so having someone else looking at the plan in principle should allow for some confidence in your plan and how it will ...
... the plan doesn’t work, change the plan but never the goal”
As part of your cost of operations analysis, you should’ve worked out the cost of the equipment, for example, for your business. Too many ...
... Your business plan doesn’t have to be incredibly detailed and technically accurate as regards model plans and templates, but you do need to be clear on exactly what your cost of operations means. As a ...