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Tag Archives: business model

The Key Ingredients For A Successful Startup

You could argue that many ingredients go into a successful startup and luck is undoubtedly one of them. However,  there are individual elements that are necessary for success. When failed startups revealed why they were not successful, they offered many reasons. But, If you boil them all down to their basics, I think you will…
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Why Customers, Not Products, Drive Successful Companies

Why Customers Rather Than Products Drive Successful Companies Do you really know why customers will buy your products or services? Most entrepreneurs think it’s because of their product or service and its features, functions, and benefits because that’s what they ask potential customers about, and that is what established, competitive companies fight over. Short-term, transactional…
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Why Are So Many Entrepreneurs Unable To Raise Funds?

We have all heard many of the reasons why startups fail such as no product or market fit, solution not important enough to the customer, trying to scale to quickly, fell in love with the solution, not solving the problem, didn't validate assumptions, not able to raise funds needed and many more. While all of these…
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A Great Product Design Is Not A Business Model

Rdio ( the early streaming music company) was started in 2010 with previously successful entrepreneur founders and $117.5 million dollars of investment. They offered a well designed service for $5 per month delivered on the web or your Blackberry App. But, in late 2015, they filed bankruptcy and sold the IP to Pandora for $75…
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