“A ship in the harbor is safe, but that’s not what ships are made for.” Many startup founders are aching for the ocean, but if you set sail before you understand your route and the possible obstacles you’ll encounter, you’re setting yourself up for failure. Instead, take the time to know the ocean before you…
As a startup, you know that you need something that helps your company stand out. Something that makes you unique and gives customers a reason to choose you over competitors. Many founders assume that means they need a groundbreaking new technology to start a company. However, recent history shows that technology is not the only…
Starting a new venture means exciting and busy times ahead of you. Chances are that you will need to convince investors that your business has a bright future. One of the most important things investors want to know about is the size of your potential target market. Here is how to assess your market. A…
Solving Real-World Problems Why do so many startups fail in the first five years? Often it’s because they haven’t fully validated their business idea before they charge forward. It’s common for founders to be filled with passion and optimism, and make some mistakes when it comes to research. The first step is to ensure that you’re solving…
Investors want to get the perfect dish when looking for startups to invest in. Imagine eating a pizza and the sauce is missing. So make sure your startup gets the following five key ingredients right. Team There are several things an investor considers before they invest in any startup. One of the most important is…
Young entrepreneurs often tend to imagine how great their product or service will be on the market and even bring change to people’s behavior. Often, they even fail to bring their product on the market. Many times, the problem begins with the same: The “problem” that the business tries solving. Advice #1: Don’t come up…
A startup’s success depends on many factors, of which the idea itself is just a minor part. In the end, the idea is just the starting point from which great business may flourish. But then the question remains: What is it that makes businesses so successful? Investors bet on the jockey, not the horse If…
Let’s start by defining a startup.As we say this word the definition takes many forms. There are no set rules, there is no magic wand, there is no secret recipe nor are there any scientific approaches and there are thousands of books and mentors out there to address this topic.Startups are anything but traditional businesses…
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