We’ve all, of course, read about the spectacular success of startups. It’s impossible to escape the amazing tales of people starting with an idea in a garage (think Apple) and growing it into a billion-dollar global business. But a startup isn’t as easy as those well-known stories might have you think. There’s a little bit of luck and a whole lot of other influences at play.
Tag Archives: startups
7 Components That Make For A Great Startup Company Culture
Startups boast about their culture, but most of the time they can’t even explain why it’s special. Culture is not about perks, it’s about why and how you do what you do and how that happens in the day to day; culture is about connecting the 3 P’s: purpose, people and processes.
Eat The Bug: Do What Others Can’t Or Won’t Do
Every organizations lives and dies by its strategy. What makes a good strategy? The best strategies are simple and answer 5 fundamental questions: who, what, where, how and why.
Still, developing a strategy is hard. There’s a tendency to make it a very complex activity, which I believe drives most organizations to fall for many traps; one being the the copy-paste approach.
Startups, by their very nature, do not fall for this trap. But this doesn’t mean their path to victory will be easier; but much more harder.
How Do You Overcome The Early Adopter Challenge?
in Innovation, Leadership
There are three forces needed for innovation to happen: ability, infrastructure and market. When all three exist you have an industry. Creating a new industry is a long-term challenge, which many people and organizations will not take on. When starting out, every startup is in a race to create find product-market fit. It’s not about being first to market, it’s about getting the business model right.
How to Boost Your Startup’s Attractiveness to Venture Capital Investors Using The Business Model Canvas with Martin Luenendonk
My guest for this episode of the podcast is Martin Luenendonk, CEO of RoadToFunding.com, who just published a super actionable, in-depth 7,000+ words guide on how to boost a startup’s attractiveness to venture capital investors using the Business Model Canvas. He looked deeper into what does a venture capitalist really want from your business in order to invest $1m to $5m. To get more ideas you can always check with the experts at Wimgo.…
Entrepreneurship Hack: The Startup Idea Matrix
Hey Peeps, this is a quick and must share post for you! Although ideas are a dime a dozen and execution is what matters; ideas do matter. You have to start somewhere, right?
With that said, how do you generate new business concepts?
Oil and Water: Why Corporations and Startups Rarely Mix
Illustration by Christian Laborin
There are many experienced, talented and well intentioned people who are, without knowing, blockers to innovation. I’ve seen and experienced this way too many times, and experienced it again recently while advising iAir Platform; who have developed a potentially ground breaking technology that could be used in the various industries with a wide variety of applications.…