Archive for the ‘Start up Stuff’ Category
1. No business plan survives first customer contact.
2. It’s the business model, stupid.
3. Take time to think through the alternative possibilities.
4. A business model idea is just a set of hypotheses.
5. Don’t build your company until you’ve verified your business model.
These are great points, articulated very well, and as appropriate in making the leap as in growing your startup effectively. As is always the case, there is an iceberg underneath each of these points.
from presentation of Creating Start-Up Success http://slidesha.re/9wW9em
You are deciding on taking the plunge or maybe you are getting close to creating a new company or business. One of the first considerations before taking the final steps is YOU:
- Are you a person that can find the positives in all situations and try to move forward?
- Can you keep your enthusiasm and stick to a business when the going gets difficult?
- Can you organize tasks and ensure proper and timely work flow?
- Can you attract and motivate staff to join in and work hard?
- Can you manage finances to ensure you get the most efficient use of your funds?
“Starting a company is hard, risky, painful and usually seems unfair. Starting a company that will leave a lasting mark on the world is reserved for the borderline insane or very lucky — not for those who need to be propped up with pep talks. In short, entrepreneurship is not a short cut. If you need someone to convince you that starting your own business is right for you, then it’s probably not. Going to conferences, hanging out with entrepreneurs or telling people that you’re a “start-up guy” does not put you in the category of those who put all their chips on the table to turn an idea into a reality.”
Excerpt from Entrepreneurship Today.
As longtime CEO and chairman of one of the world’s most widely recognized restaurant surveys, Tim Zagat knows a thing or two about the restaurant industry.
He talked to us about how to tell if a restaurant is any good, why most people who want to be restaurateurs are poorly equipped for the job, and the problem with celebrity chefs.Vodpod videos no longer available.