Competitive Edge
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Competitive Edge
Creating your Unique Value Proposition to gain your Competitive Edge.
Curated by Marc Kneepkens
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Companies are bought, not sold | AlphaGamma

Companies are bought, not sold | AlphaGamma | Competitive Edge | Scoop.it

By now this nugget of startup wisdom should be well known: Companies are bought, not sold. And yet many entrepreneurs sadly don’t seem to act accordingly (and Silicon Valley, in all its glory, doesn’t foster good behavior as well). Let me explain: When you build a company which builds product users want and pay for, Read more: click image or title.

 

 

FREE Business Plan Template here: http://bit.l/1aKy7km

Marc Kneepkens's insight:

Create good companies that make #profits and that #grow.

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Startup Success: Why Everything Must Work Out In Your Favor - Techstars

Startup Success: Why Everything Must Work Out In Your Favor - Techstars | Competitive Edge | Scoop.it

Last week I talked to a young, first time founder. Before we even talked about Techstars, he said, “You know what, we have raised a little bit of cash, we have a good advisor, we are probably okay, we don’t need an accelerator.”

You cannot imagine how much I cringe when I hear that kind of statement.

It is very difficult for me to convey to first time founders what lies ahead of them. Indeed, if they knew, they wouldn’t do it. “You don’t know what you don’t know.” Read more: click image or title.

 

 

FREE Business Plan Template here: http://bit.l/1aKy7km

 


Via Pantelis Chiotellis
Marc Kneepkens's insight:

Every aspect of your #startup must be world-class, says this Techstars director. #Founders need to realize what they are up against. From the TechStars blog.

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Your on-demand startup won't be around in five years without these three things

Your on-demand startup won't be around in five years without these three things | Competitive Edge | Scoop.it

The supposed startup “bubble” and the on-demand economy are two of Silicon Valley’s most common discussion topics right now. VCs, media, and executives are all talking about them, and one of the most popular arguments is that the on-demand economy will be the first casualty of a bubble that is allegedly starting to burst.

The good news is that plenty of on-demand companies are thriving, innovating and doing exceptional things for the world. However, a slew of these businesses are fundamentally built on a model—on-demand delivery—that had no chance to begin with.

So-called “on-demand” companies can be divided into two categories: (1) those using technology as leverage for a new way of providing a service, and (2) those that classified a mobile app as “technology” and simply added “delivery." For many companies, on-demand is unnecessary. For example, I am a massage addict, and while it is nice to have a therapist come to my house, I don’t need my massage therapist “on-demand." I can keep to my regularly scheduled appointments. By contrast, companies like Uber/Lyft, Airbnb, and even Amazon have found ways to make an on-demand business that is both necessary and sustainable. Read more: click image or title.

 

 

FREE Business Plan Template here: http://bit.ly/1aKy7km


Via Pantelis Chiotellis
Marc Kneepkens's insight:

What does it take to make your #on-demand #startup succeed?

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A First-Hand Account Of What Really Goes In A Startup — ‘One-Year Journey From Start To Startup’

A First-Hand Account Of What Really Goes In A Startup — ‘One-Year Journey From Start To Startup’ | Competitive Edge | Scoop.it

24th Apr, 2016, marks one complete year since we started out with Quifers (a technology logistics firm that provides a comprehensive solution comprising of Technology, Analytics & Operations for businesses to manage their logistics). We are already clocking in revenue close to INR 1 Cr per month (powering about 9300 deliveries on daily basis) and are on our way to breaking even within a span of 7 months. Read more: click image or title.

 

 

Learn more about funding, find great funding sources, get a free business plan template, post your funding request for free, and more:

www.Business-Funding-Insider.com


Via Pantelis Chiotellis
Marc Kneepkens's insight:

Some #success stories only come after a lot of hard work, behind the scene...

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31 Things Entrepreneurs Can Do To Build A $1 Million Dollar Startup In 3 Years. - StumbleUpon

It’s been almost three years since my wife Irene and I quit our day jobs to pursue the dream of building a business.

We were both at a stage in our lives where merely working to make a dollar was not rewarding enough. We wanted to create something.

And we did, in a way. Today, Arielle has a team of 5 staff and in 2015, our revenue will reach $1 million. All without taking a single dollar of debt or investment.

Although the numbers look promising, the journey of building the business has been an unpredictable one, often hair-raisingly confronting and far from smooth.

Here I’d like to share some of the lessons I’ve learned on this path. Read more: click image or title.

 

 

Get your Free Business Plan Template here: http://bit.l/1aKy7km

Your BP template help me achieve the goals I've been trying for 5 years. The template led me to produce an effective tool to attract the investors I need.
Thanks
Robert_


Via Dave Phillipson
Marc Kneepkens's insight:

It's a story of #discovery and expanding your own #limitations. Good article to help you stay tuned, to yourself.

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Dave Phillipson's curator insight, April 9, 1:33 PM
Forwarded to you, compliments of GlobalCEOspace.com, the leader in Entrepreneurship for nearly 30 years!
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Elon Musk's Surprisingly Simple Secret to Success

Elon Musk's Surprisingly Simple Secret to Success | Competitive Edge | Scoop.it
From Paypal to Tesla, Elon Musk has one winning strategy all entrepreneurs should implement now.

On the cusp of his new Tesla release, Elon Musk has me, and other entrepreneurs, curious about what makes him a success. Like many of us, he took serious risks to get his companies off the ground (both figuratively, with Tesla, and physically, with SpaceX). He seems to take those risks and win, even when he "fails."

I found a simple, excellent theory for Musk's success that is applicable to all of us. It is from Farnam Street, which cites Musk's colleagues:  Read more: click image or title.

 

 

Get your Free Business Plan Template here: http://bit.l/1aKy7km

Marc Kneepkens's insight:

It's a very simple #strategy, and it almost guarantees #success. It has nothing to do with #failure.

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Marsien's curator insight, March 31, 4:33 AM

It's a very simple #strategy, and it almost guarantees #success. It has nothing to do with #failure.

Pierre Cellard's curator insight, March 31, 9:27 AM

Pierre's comment : It's a very simple #strategy, and it almost guarantees #success. It has nothing to do with #failure.

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A 32-year-old CEO who sold her startup for more than $250 million reveals her one piece of advice for aspiring entrepreneurs

A 32-year-old CEO who sold her startup for more than $250 million reveals her one piece of advice for aspiring entrepreneurs | Competitive Edge | Scoop.it

Her advice for entrepreneurs is simple, but it will take some work.

Alexa von Tobel is a startup founder, a New York Times best-selling author, and a Presidential Ambassador for Global Entrepreneurship.

And her advice to other young entrepreneurs is simple: "Get mentors."

Von Tobel, who remains CEO of LearnVest, the financial-planning company she sold last year for more than $250 million, told Business Insider how she found her own mentors — and how she knew they were keepers. Read more: click on image or title.

 

Get your Free Business Plan Template here: http://bit.l/1aKy7km
Dave,
Your BP template help me achieve the goals I've been trying for 5 years. The template led me to produce an effective tool to attract the investors I need.
Thanks
Robert


Via ventureLAB
Marc Kneepkens's insight:

Your best investment in #time and #focus : get #mentors

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walterlewis's curator insight, March 3, 9:47 AM

Your best investment in #time and #focus : get #mentors

Allan Forbes's curator insight, March 3, 10:27 AM

Your best investment in #time and #focus : get #mentors

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Where to Promote your Pre-Launch Startup for Free — Medium

Where to Promote your Pre-Launch Startup for Free — Medium | Competitive Edge | Scoop.it

What are effective ways to get user validation, boost sign-ups to our beta program and promote our pre-launch startup (without virtually any budget)?

That’s the question we asked ourselves at NomadApp and many other startup founders might ask themselves, too. Here we’ve collected a list of 10 places where you can promote your startup for free.



Get your Free Business Plan Template here: http://bit.l/1aKy7km


Via Pantelis Chiotellis
Marc Kneepkens's insight:

Want some great #feedback on your #startup? Here are some good sites. Check it out.

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6 Things You Can Do Every Day to Become a Better Entrepreneur

6 Things You Can Do Every Day to Become a Better Entrepreneur | Competitive Edge | Scoop.it
Focus on things like work-life boundaries and starting your day with positivity.

Success in entrepreneurship is not an end destination. It's a daily battle to be your best version of yourself even as you put out information, services and products that help your customers' lives. It's a constant work in progress that requires consistent effort. The "laptop lifestyle" version of entrepreneurship exists only in misleading Facebook ads.

Running a successful business means planning for the future. You should have monthly and yearly goals. But, to be successful with those goals requires their daily implementation. Here are six things you can do every day to become a better entrepreneur and one who accomplish all of your biggest goals. Read more: click image or title.



Get your Free Business Plan Template here: http://bit.l/1aKy7km

Marc Kneepkens's insight:

Wise words.

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Startup Validation Hacks - The Hacker Chick Blog

Startup Validation Hacks - The Hacker Chick Blog | Competitive Edge | Scoop.it

Is your startup going to be a business… or a hobby? How can you tell?!

Below is a video of the presentation I did at Harvard Innovation Lab last month – I initially called it Creating Your Minimum Viable Product, but it’s really about: how can I validate that I’m creating a viable business (as opposed to a very expensive, time consuming hobby) before going off and building it?

I include a bunch of case studies of what other startups have done – successful or otherwise – and provide some tools to help you along the way. Hope you enjoy!



Get your Free Business Plan Template here: http://bit.l/1aKy7km


Via Pantelis Chiotellis
Marc Kneepkens's insight:

Do you have a promising #startup or just wasting time and money?

Here is a great video from one of the top #women in #tech in Boston.

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Three Failed Entrepreneurs Walk Into a Bar...

Three Failed Entrepreneurs Walk Into a Bar... | Competitive Edge | Scoop.it

Once upon a time, there were three entrepreneurs who had just lost their businesses. They all happened to walk, sulking, into the same bar just off of Market St. and Polk St. in San Francisco. The drinks started flowing, and the three began telling each other stories:

Entrepreneur #1: Our business should have changed the world. Seriously, if we had been able to raise just a few million dollars, there would have been no stopping us. But we couldn't raise the funds. And after a while... well... we had to eat, right?

Entrepreneur #2: My company would have been the next unicorn. We had money and traction. But as we got bigger, our investors wanted us to get even bigger... faster. So we came out with new products. But the market didn't take to them. And we couldn't recover.

Entrepreneur #3: We had bad luck too. We were doubling every few months for years. We should have been the next Google. Then our board recommended a hire that we made. And he was political. I'm still not sure how it happened, but the board decided, today, for him to replace me.

The drinks kept flowing. First beers...then shots... then beers with shots inside of them. And the entrepreneurs kept talking. Perhaps it was the alcohol... or perhaps the recognition that they were sitting with human beings who shared their pain... but slowly they began to laugh and feel a bit better.

Then, out of nowhere, an old man approached. The entrepreneurs looked up at the man, blinked, and looked at each other; the old man was glowing like no living person they'd seen. Either he'd been sent from heaven or Mars, or someone had slipped something very strong into their drinks.To read more: click image or title.




Learn more about funding, find great funding sources, get a free business plan template, post your funding request for free, and more:

www.Business-Funding-Insider.com



Via Pantelis Chiotellis
Marc Kneepkens's insight:

Great story. #Failed #startup #founders can learn something here.

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Thủ Thuật Game - Fun24h's comment, January 19, 5:30 AM
Hướng dẫn cách chơi cờ tướng : http://fun24h.mobi/huong-dan-cach-choi-co-tuong-trong-game-bigkool/
A Subratty's curator insight, January 20, 9:47 AM

He who hasn't failed in life hasn't lived his life. 

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The Only Two Things You Need for Entrepreneurial Success

The Only Two Things You Need for Entrepreneurial Success | Competitive Edge | Scoop.it

There’s a disease spreading throughout the United States among today’s aspiring entrepreneurs. It's called the “big idea syndrome.” Many people assume that all that separates them from business and financial success is one great idea.  Having worked with several entrepreneurs over the years, I have discovered that what distinguish a thriving business owner from one that is barely surviving isn’t more start-up capital, more talent or even access to more resources (though having these things does help). It’s perseverance and self-belief.

Njeri Rionge, co-founder of Wananchi Online, East Africa’s first mass market Internet service provider, has used this mind-set to become a pioneer in the IT industry, a position typically reserved for men. “I have no time to think about challenges,” Rionge told How We Made it in Africa magazine. Because I convert them, they stop being challenges. I have been at many points where I knew the cookie was about to crumble, but my focus was [that] it cannot crumble. Therefore, I focus on the upward movement.” Read more: click image or title.



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Marc Kneepkens's insight:

What distinguishes one entrepreneur's success from another's failure?

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andy alagappan's curator insight, December 12, 2015 6:07 PM

Develop your unique value proposition 

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Filipina startup founder shares stage with Obama, Jack Ma

Filipina startup founder shares stage with Obama, Jack Ma | Competitive Edge | Scoop.it

Aisa Mijeno seizes the moment and tells US President Obama and Alibaba's Jack Ma that her company needs support.


MANILA, Philippines – She founded a local startup that provides alternative energy using salt water. On Wednesday, November 18, Aisa Mijeno, CEO of SALt (Sustainable Alternative Lighting) shared the stage with US President Barack Obama and world billionaire Jack Ma at the Asia-Pacific Economic Cooperation CEO Summit.

In a last-minute change in the summit's program, Obama moderated a session after his speech on climate change.

He then asked 30-year-old Mijeno, an engineer and co-founder of SALt, "How can the public and private sector help entrepreneurs like you?" Mijeno replied: "We’re trying to mass-produce the lamps. We just need someone to fund us to get the project moving."

The US president then pointed to Ma, who runs the world's top e-commerce platform, Alibaba, to the crowd's applause. Read more: click image or title.




Learn more about funding, find great funding sources, get a free business plan template, post your funding request for free, and more:

www.Business-Funding-Insider.com


Marc Kneepkens's insight:

#Billionaires and #Presidents can support small business initiatives in a big way. This Filipina #entrepreneur was able to seize the moment...

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7 Rock Star Female Founders Share Their Best Startup Advice

7 Rock Star Female Founders Share Their Best Startup Advice | Competitive Edge | Scoop.it

Seven successful women share hard-won advice for staying the course.

There's proof in the data. According to Bloomberg and research by Lesa Mitchell and Professor Vivek Wadhwa, women-led high-tech startups are more capital efficient, achieve 35 percent higher return on investment, and generate 12 percent higher revenue than male-owned companies when venture-backed. Despite these facts, women receive less venture funding and hold fewer C-level positions and fewer partner seats at VCs than men.

This is changing for the better. From Sheryl Sandberg (COO of Facebook) to Sophia Amarosa (Founder of NastyGal), women are leading and inspiring a new generation of entrepreneurs and leaders. My grandmother was a ceiling-buster at GE and became one of the first women managers at the iconic company. My mother blazed a trail for women during her career in technology and telecommunication. They've inspired me to follow in their footsteps and contribute to the voice for gender equality by celebrating and highlighting highly successful female founders, CEOs and investors.

I have interviewed six all-star female entrepreneurs to learn how they achieved their success and share valuable advice. The key takeaways are as follows. Read more: click image or title.

 

 

FREE Business Plan Template here: http://bit.l/1aKy7km


Via Alldens Lane
Marc Kneepkens's insight:

There is power in #data. #Women led startups perform better.

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6 Secrets of Radical Productivity, From an Entrepreneur Who Runs 4 Businesses

6 Secrets of Radical Productivity, From an Entrepreneur Who Runs 4 Businesses | Competitive Edge | Scoop.it
Emergency confetti is more important than you might think.

 

Tina Roth Eisenberg, a Swiss-born designer also known as Swiss Miss, runs four businesses with just 17 employees. And they're not small businesses. The one for which she is probably best-known, an event series called CreativeMornings, hosts monthly events in 100 cities. Tattly, another of her companies, makes temporary tattoos that have been sold by the Tate Modern. Her to-do list app, TeuxDeux, has fans such as Seth Godin and the blog Design Milk. And oh, she runs a co-working space in Brooklyn's Boerum Hill neighborhood, called Friends. (An earlier version of this story said that Eisenberg had five employees. She clarified that CreativeMornings has five employees.)

How does she do it? At a breakfast hosted by podcast series Broadmic and co-working space LMHQ earlier this month, Eisenberg spoke with early-stage investor and startup advisor Kelly Hoey about her journey as an entrepreneur. Depending on your perspective, Eisenberg's keys to success are going to warm your heart or make your eyes roll: Fun. Love. Trust. And, of course, emergency confetti.

Here are a few of the maxims that Eisenberg says she, and her businesses, live by.  Read more: click image or title.

 

 Find or list funding opportunities:

www.Business-Funding-Insider.com

 

Marc Kneepkens's insight:

First rule: No complaining. Either fix it or let it go!

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4 Factors That Predict Startup Success, and One That Doesn’t

4 Factors That Predict Startup Success, and One That Doesn’t | Competitive Edge | Scoop.it

Evidence from more than 300 venture capital investments.

What makes a venture capital investment successful? Some of the most interesting data on this question comes from an analysis published last year by the venture capital firm First Round Capital. The firm’s unique data set comprises information on over 300 companies and nearly 600 founders, including founder characteristics such as age, gender, education, firm location, and prior work and startup experience. The study found several correlates with success — some reassuring, some surprising. Read more: click image or title.

 

 

Learn more about funding, find great funding sources, get a free business plan template, post your funding request for free, and more: www.Business-Funding-Insider.com


Via Pantelis Chiotellis
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12 Tactics to Launch & Market Your Startup (with Little to No Money)

12 Tactics to Launch & Market Your Startup (with Little to No Money) | Competitive Edge | Scoop.it

Last year I launched Content Marketer – a tool that helps to scale and automate content marketing; a project that I (more or less) dedicated my entire life to working on for the six months prior to its launch. We’re up and running now, so you might think the hard part’s over. Well, I’ll let you in on a little secret: it’s not. Far from it, in fact..

Growing our customer base, building the brand, and getting to the point where we’re actually turning a profit… that’s where we’ll really be tested.

Thankfully, I know a little bit about marketing and growth hacking a startup, so I’m certainly not going into this with my eyes closed.

If you’re new to the game, here are a few of my best tips and ideas to help you (like me) market your startup – however small your budget may be. Read more: click image or title.

 

 

FREE Business Plan Template here: http://bit.ly/1aKy7km


Via Pantelis Chiotellis
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Friilance's curator insight, April 25, 1:52 PM

12 Tactics to Launch & Market Your Startup (with Little to No Money)

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How to Survive Your First Year of Entrepreneurship

How to Survive Your First Year of Entrepreneurship | Competitive Edge | Scoop.it
Follow these tips in order to make it through the first year and beyond as a successful entrepreneur.

Most entrepreneurs bail in the first year.

Why? To be honest, it is hard. It’s not all glamor and glitz. You don’t rocket to stardom in a few short months, drive a McLaren, date Hollywood celebs and take baths in hundred-dollar bills.

In fact, you’re lucky if you survive at all.

Thankfully, there are some secrets to survival. Entrepreneurs survive by pursuing more than fast cars and lots of cash. Entrepreneurs survive by following these rules. Read more: click image or title.

 

 

 

Get your Free Business Plan Template here: http://bit.l/1aKy7km

Your BP template help me achieve the goals I've been trying for 5 years. The template led me to produce an effective tool to attract the investors I need.
Thanks
Robert_

Marc Kneepkens's insight:

Neil Patel's tips for #entrepreneurs make sense and relate to real situations.

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9 Questions That Will Determine Whether Your Startup Idea Is Worth Pursuing

9 Questions That Will Determine Whether Your Startup Idea Is Worth Pursuing | Competitive Edge | Scoop.it
 

Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, YEC recently launched BusinessCollective, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses.

What is one important question I can ask to evaluate whether a startup idea I have is worth pursuing? Read more: click image or title.

 

 

Learn more about funding, find great funding sources, get a free business plan template, post your funding request for free, and more:

www.Business-Funding-Insider.com

 

 


Via Pantelis Chiotellis
Marc Kneepkens's insight:

Do some soul searching before committing to being a #founder and going through hell, for a while.

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Why Every Startup Should Bootstrap

Why Every Startup Should Bootstrap | Competitive Edge | Scoop.it

Keep control of your company.

As the past few years have shown, raising money for a startup is easy. But building a profitable, sustainable business is still really hard. Public and private markets alike are starting to remember this, correcting for years of overly exuberant startup funding. As financing dries up, entrepreneurs would do well to remember the benefits of bootstrapping.

Though taking money from investors might seem like the path to success, bootstrapping has several advantages. First, it helps you to stay scrappy and to realize talents you may not know you even had. Second, and counterintuitively, it can help attract the right talent. And, finally, it helps you maintain control of your company while finding the right partners to help you scale. Read more: click image or title.

 

 

Learn more about funding, find great funding sources, get a free business plan template, post your funding request for free, and more:

www.Business-Funding-Insider.com

 


Via Pantelis Chiotellis
Marc Kneepkens's insight:

#Bootstrapping is a great learning experience. Find out from this successful #entrepreneur who eventually raised over a quater billion dollars.

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All the Startup Advice You Read is Wrong — Medium

All the Startup Advice You Read is Wrong — Medium | Competitive Edge | Scoop.it

But you should read some anyway

There are two big problems with reading about what made other companies successful:

1. Correlation is not Causation

Google is one of the most successful companies ever. Google gives its employees the ability to spend 20% of their time on whatever they want. Therefore, 20% time is a great idea. Is it? Or was Google successful because they’re brilliant engineers who solved the right problem at the right time—killing it despite the lack of focus “20% time” causes? I don’t know, and neither does anyone else.

Companies are not built in a lab. We are unable to run Monte Carlo simulations. And there are way too many variables and too much randomness for anyone to claim that if you add ingredient X or do A then B then C it will work.

What’s more, hindsight bias (the “knew it all along” effect), survivorship bias, and confirmation bias color every explanation anyone offers—whether they were there or not.

Side note: These problems apply whether the advice is first-hand (“Here’s what I did…”) or second hand (“Here’s how Google succeeded…”), though first-hand is generally better, because the vast majority of writing about what happened inside a company by someone who didn’t work there is not only biased, it’s highly likely to have the facts wrong.

2. Everything Depends

Even in a case where someone comes up with a truly great idea that improves the odds for many, many situations, it may be wrong for you. Your company is different. They all are. There are good ideas that apply to most companies, but I can’t think of any interesting ideas that apply to all companies.

How about the least-controversial and most common advice ever given: “Only hire A players.” Here’s when that doesn’t apply: When you can’t hire A players. The truth is, A players aren’t available to most companies. If these companies stuck to the hire-only-A-players rule, they’d never hire anyone. Sometimes you have to get by with B players. That sucks, but here’s the thing: It doesn’t mean you can’t succeed. There a many examples of those who have, despite not being the absolute best in their field. (Again, there are many variables.)

Why You Should Read Startup Advice Anyway. Read more: click image or title.



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Via Pantelis Chiotellis
Marc Kneepkens's insight:

#Startups create tough goals on themselves. Learn what's out there and adapt it to your own story.

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Why Your Significant Other’s Buy-In Matters for Your Startup

Why Your Significant Other’s Buy-In Matters for Your Startup | Competitive Edge | Scoop.it
Even in the most resilient relationships, being the spouse or partner of an entrepreneur can take its toll. This spouse shares 5 ways to avoid resentment. 

When Ned Tozun and I married, he vowed during the ceremony that our life together would always be an adventure. I assure you he has over-delivered on that promise, thanks to his entrepreneurial career and his startup, d.light. The business has been like the child no one wants: helpless yet uncontrollable, demanding yet insatiable, and remarkably adept at coming between mom and dad.

A startup is always a family affair—the good news is your business and your relationship can flourish together.

In the last decade, the effort required to grow d.light led to countless missed holidays and broken appointments; it has contributed to physical illness and emotional meltdowns for both of us; it moved us to China for three-and-a-half years; it delayed our timeline for starting a family and upended my own career.

Unsurprisingly, Ned and I have had years-long disagreements about work-life balance, time management, and our family’s quality of life. We all know entrepreneurs whose marriages have suffered, even fallen apart, because of the stress and intensity of the startup journey. Even in the most resilient relationships, the ongoing instability and resulting resentment can take a significant toll. Read more: click image or title.



Get your Free Business Plan Template here: http://bit.l/1aKy7km



Via Cat George
Marc Kneepkens's insight:

Great points for any couple in business. Living with #entrepreneurs or #startups is definitely a challenge. Turning it into a learning experience that allows you to grow closer is pretty awesome. Nice article.

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Let’s Fix Startup Board Meetings

Let’s Fix Startup Board Meetings | Competitive Edge | Scoop.it

I spend a lot of time in board meetings. Specifically, private company startup board meetings. Rooms filled with some of the most talented, bold, daring and dedicated people on the planet, devising solutions to some of the economy’s toughest problems.

More often than not, however, most of these board meetings fail. Despite the good intentions and great experience in the room, the painful truth is that precious time and energy is frequently squandered by directors and startup CEOs. Read more: click image or title.



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Via Pantelis Chiotellis
Marc Kneepkens's insight:

#Board meetings can be a 'pain'... Here is an excellent approach to help stick to the essentials and actually make progress.

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Use These 24 Tools to Run Your Business From Anywhere in the World

Use These 24 Tools to Run Your Business From Anywhere in the World | Competitive Edge | Scoop.it

If you're one of the lucky few that enjoys the ability to work from anywhere you like, the following tools will help keep you productive -- no matter where you are.

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Marc Kneepkens's insight:

Great tools for travelers and independent #entrepreneurs to operate from anywhere.

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FI.co: Checklist: 10 Rules for a Great Startup Idea

FI.co: Checklist: 10 Rules for a Great Startup Idea | Competitive Edge | Scoop.it

Even though it's trendy in startups to say that ideas mean nothing and execution means everything, the reality is much less binary and much more nuanced. For example, even the world’s best entrepreneur with incredible execution will fail if their idea is fundamentally flawed, or if their market is too small.

Adeo Ressi, the Founder & CEO of the Founder Institute, preaches a list of "10 Rules to a Great Startup Idea"; an infographic of which was previously featured on Business Insider in an article by Megan Rose Dickey. This list provides a great starting point for people who want to evaluate their startup ideas at the very first stage. 

What we have found is that if an early-stage founder can check off the ten items below, they have a solid foundation by which to start a company. You are absolutely not assured success if you can check off these items (nor are you assured failure if you can’t), but your chances of success are much, much higher if you can. 

See the infographic below, and scroll down further for a full explanation. To see the infographic and article click on image or title.



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Marc Kneepkens's insight:

Great #infographic and #article.

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