Elmspring Accelerator understands the #1 reason companies fail is lack of market penetration. If you can’t get customers, you are done. And that’s a tough thing to get entrepreneurs to focus on.
How to Build a Winning Team
How to Create a Strategy, Vision and Mission
How to Create an Advisory Board
How to Get Funding
How to Improve Your Company
How to Improve Your Pitch
How to Start Your Company
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Should the coach of your favorite college team develop and implement the game plan for this week’s big game against their rival without discussing the options with his offensive and defensive coordinators?
Strategic thought requires thinking “conceptually” as opposed to “sequentially.” Sequential thinking weighs the pros and cons of each step against its immediate surroundings. Conceptual thinking requires that each step be measured against the larger goal. Perhaps this is best understood with an analogy. Imagine going on a trip from point “A” to point “B.”
Angel and venture capital investors may receive hundreds or even thousands of executive summaries each year. With their time being limited and the competition for their attention intense, it is extremely important that the entrepreneur provide executive summaries that “Wow!”
There has been a trend to try to create one overarching company mission statement. However, they often become “wall art” hanging in the office of little practical use in operating the company. Consequently, it may be useful to use mission statements to delineate different phases of a company’s life.
How to kill a mockingbird? The best way to kill a mockingbird is to keep your sights set on the goals and dreams that drove you to create your startup. The fact that your company’s mockingbird exists at all is proof that you are onto something.
Founders spend considerable time creating plans: Business Plans, Strategic Plans, Marketing Plans, etc. The basic question that most plans leave unanswered is, “How do I know if my plan is working?”
There are two key factors to consider in order to be great startup advice from outside experts: Pick the right team, and always know what you want before you ask.
Every company is composed of individuals with different skill sets and has different roles that must be filled in order to succeed.
If _______, you might be an entrepreneur: