2000 - 1500

Tips 2000 to 1500 for Innovators and Entrepreneurs ...

2000) Dream it, see it, do it ... go!

1999) The only job where we start at the top is digging a hole.

1998) How to attract new customers: have a sale ... everyone loves to save a little money.

1997) Perform more than promised rather than promise more than performed.

1996) To reach a port, we must sail; sail, not tie at anchor; sail, not drift. [Thank you, Franklin Delano Roosevelt]

1995) Key question for our venture: What are typical metrics for companies in our industry and market?

1994) Pitch: a form of words used when trying to persuade someone to buy or accept something. [Thank you, Google Dictionary]

1993) Beware ... accredited investors are a perfect target for scammers posing as entrepreneurs ... don't get sucked in.

1992) Learn from our heroes.

1991) Venture Waterfall Planning Progression: exploration and ideation, vision and mission, goals and objectives, strategies and tactics, tasks and assignments. (Iterate as needed. -Jim) {Also, see: 3927}

1990) Experience is not what happens to us, it’s what we do with what happens to us. [Thank you, Aldous Leonard Huxley]

1989) Adhocracy is the direct opposite of bureaucracy ... unstructured, decentralized, and responsive ... in a bureaucracy, the structure is more important than the person ... an adhocracy, on the other hand, is designed to bring out the best in them. [Thank you, Edward Russell-Walling]

1988) Key question for our venture: How did we arrive at the total sales for our industry and the growth rate?

1987) There’s no such thing as bad press ... it's what we do with it when it happens.

1986) People or Places or Things ... what should we focus on today?

1985) Some ideas hit like a bolt of lighting ... unfortunately, we never know when or where it's ever gonna strike. [Thank you, Emmett Brown]

1984) Who controls the past controls the future, who controls the present controls the past. [Thank you, George Orwell]

1983) Key question for our venture: How are our benefits better than the competition?

1982) Avoid dumb people ... but keep in mind that dumb people one day may well be brilliant people the next. [Thank you, J D Watson]

1981) Entrepreneurs are often detail-oriented.

1980) To accomplish great things, we must not only act, but also dream; not only plan, but also believe. [Thank you, Anatole France]

1979) Sometimes little ideas need to incubate to become big ideas. [Thank you, Anita Bell]

1978) Do not complain about the boat that carries us safely from shore to shore.

1977) SPLUCK is a critical success element for innovators and entrepreneurs: Skills, Passion and Persistence, and LUCK ... successful innovators and entrepreneurs have all three ... Skill from education and experience, Passion and Persistence to do what they do even when what they do is really hard, and they capitalize on fortuitous circumstances or they make their own Luck.

1976) Keep our customers close and our competitors even closer.

1975) Embrace our own uniqueness.

1974) We must make our opportunities as often as we find them.

1973) Be committed, passionate, and persistent.

1972) Might we promote our venture with business-card-sized advertising?

1971) Give it a name (new product or service) even before it's born ... that will give it the first breath of life.

1970) Hang around people that are encouraging rather than discouraging.

1969) Giant leaps begin with small steps. [Thank you, Neil Alden Armstrong]

1968) Failure comes more from within than without.

1967) Winning simply means we're doing better than we've ever done before. (Winning is relative to us, not to others. -Jim)

1966) Skilled innovators and entrepreneurs are colorful.

1965) Four key elements of a business model ... the customer value proposition, customer profile, venture infrastructure, and financial viability.

1964) Key question for our venture: Is everyone in our venture pulling their weight? ... who might we do without?

1963) I have a dream ... let freedom ring! [Thank you, Martin Luther King]

1962) One-third of American entrepreneurs are dyslexic ... entrepreneurs are hands-on people who push a minimum of paper, do lots of stuff orally instead of reading and writing, and delegate authority, all of which suggests a high verbal facility ... compare that with corporate managers who read, read, read. [Thank you, Julie Logan]

1961) Develop and maintain a strong relationship between marketing and solution development technical expertise. [Thank you, K A Zein ]

1960) 10-slide business plan pitch: 1] Cover page including the venture name, logo, tagline, a picture of the product, a short (10 words) summary of the venture, and contact information ... 2] A description of the opportunity identifying the customer problem or need that we solve ... 3] An illustration of how our product or service solves the customer’s problem ... 4] Some details (as needed) to describe our product, and any potential intellectual property ... 5] An overview of the competition and strategies for differentiating our venture ... 6] Entry and growth strategies showing how we enter the market and grow ... 7] An overview of our business model ... how we will make money and how much it will cost to support those sales ... 8] Team summary including the core and key advisors ... 9] Current status with timeline and financial objectives ... 10] Summary including resources we need and how they will be used. [Thank you, William Bygrave]

1959) One of the secrets of success for companies that demonstrate high rates of innovation is that they simply try more things. [Thank you, Rosabeth Moss Kanter] {Also, see: 3690}

1958) Needs, wants, and desires can be met if understood.

1957) Knowledge needs a strong foundation on which to grow.

1956) Common bootstrapping strategy: negotiate payment terms with suppliers.

1955) The pessimist sees difficulty in every opportunity ... the optimist sees the opportunity in every difficulty! [Thank you, Winston Churchill]

1954) Stress happens ... be forewarned, be prepared.

1953) People don't plan to fail, but they do fail to plan. [Thank you, John Beckley]

1952) Identify the biggest threat to our success ... what can we do about it?

1951) Knowledge needs to be acquired to be had.

1950) Make it clear and concrete.

1949) Dumb and dumber ... it happens.

1948) A lot of discoveries are made by accident ... the invention of the home smoke detector, for example. [Thank you, Cindy Pearsall]

1947) Where there is no vision, the people perish. [Thank you, Steve Jobs]

1946) Face adversity with a smile ... if nothing else, you'll confuse it.

1945) Create multiple revenue models.

1944) If all we have is a hammer, everything looks like a nail.

1943) Care about our community. [Thank you, Mike Miles]

1942) Earn: obtain money or other value in return for products or services,

1941) Don't rely on just one marketing vehicle ... build a complete internet marketing strategy that includes, at a minimum, paid search, organic search, email and online PR. [Thank you, Ian Lurie]

1940) Better an hour too soon than a minute too late. [Thank you, William Shakespeare]

1939) There’s no place like home. [Thank you, Dorothy]

1938) Use consistent verb tenses, and find the single most correct word. [Thank you, Randy Accetta]

1937) Strategy: a plan of action or policy designed to achieve a major or overall aim,

1936) Skilled innovators and entrepreneurs are analytical critical.

1935) Less than 1 in every 1000 companies will be attractive to VCs for investment. [Thank you, Andrew Zacharakis]

1934) If a picture is worth a thousand words, a prototype is worth a thousand pictures!

1933) Effective executives start with their time. [Thank you, Peter Ferdinand Drucker]

1932) Key question for our venture: how do we make it all legal, moral, and ethical? [Thank you, Raytheon Missile Systems colleagues]

1931) Make it look like the real thing.

1930) The cover page of a business plan should include: company name, tag line, contact information, venture address, telephone number, fax number, email address, the date of the venture plan, a legal disclaimer and copyright notice, and a copy number. Use unique copy numbers to track who you give copies of the plan.

1929) Nothing is more dangerous than an idea when it’s the only one we have. [Thank you, Emile Chartier]

1928) Beware ... some "investors" want to take a cut of the money you raise.

1927) Flag: marked for attention, usually because there is a problem.

1926) Bear down! [Thank you, John Salmon]

1925) Leadership is about growing others.

1924) We can't be afraid to take advantage of change. [Thank you, Eric Schmidt]

1923) If we do right by our customers, we'll do right all around. [Thank you, Spencer Johnson]

1922) Patience is a virtue ... but often even stresses a saint!

1921) Practice makes perfect. [Thank you, Arnold Wenceslaus]

1920) Buy off the rack ... don't buy custom components if we possibly avoid it! [Thank you, Buck Crouch]

1919) Angel Investor: an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity,

1918) Customers applaud what they like best.

1917) Clean up after ourselves ... mommy and daddy aren't around anymore!

1916) Worry gives us something to do ... but so does hitting our thumbs with a hammer and that's a lot more obvious that it's a stupid thing to do.

1915) The young know the rules ... the old know the exceptions! [Thank you, Oliver Wendell Holmes]

1914) Use strong verbs.

1913) Key question for our venture: What key additions to our team are needed in the short term?

1912) Amateurs started Google, Apple, Microsoft, Facebook ... professionals built the Titanic.

1911) Integrity is doing the right thing knowing nobody is going to know whether we did or didn’t. [Thank you, Oprah Winfrey]

1910) Successful companies are nimble, aggressive, adaptable, speedy, and innovative. [Thank you, Richard Branson]

1909) Just because we don't know doesn't mean they don't know.

1908) A gift to an opponent: tolerance. [Thank you, Oren Arnold]

1907) X: a commonly used reference for "experimental" ... also, EXP or EX.

1906) Can we promote our venture with messages pulled by an airplane? Or, perhaps skywriting our message?

1905) Corporate entrepreneur credo: Build a network of good people to assist. [Thank you, Gifford Pinchot III]

1904) Learn one new thing every day.

1903) Define: mark out boundaries or limits.

1902) An entrepreneur is someone who perceives an opportunity and creates a venture to pursue it. [Thank you, William D Bygrave]

1901) To kill creativity, just say: "It would take too long ..."

1900) It’s only superstition if it doesn’t work ... Warriors win when we wear white woollies. [Thank you, Michael J Jindrick]

1899) Don't just try to hit hard home runs ... we can win the games by consistently hitting singles.

1898) The only way to discover the limits of the possible is to go beyond them into the impossible. [Thank you, Arthur Charles Clarke]

1897) When the fruit is ripe, it falls ... when it's fall, the fruit is usually ripe.

1896) Whatever hits the fan will not be evenly distributed.

1895) A brand is more than just a logo and a name ... they may create a way of identifying a company, product, or service, a brand is the way of experiencing it. [Thank you, Leslie Bromberg]

1894) Surprise: something unexpected, but pleasant (usually) ... pleasantly surprise our customers!

1893) Sweet Spot: an optimum point or combination of factors or qualities.

1892) Sales: the exchange of a product or service for money; the action of selling something; the organization within a venture responsible for the selling activities.

1891) Return phone calls and emails promptly. Don't be rude.

1890) What makes us think that someone actually wants to hear what we actually want to say?

1889) BU L S HI ! BUy Low, Sell HIgh! ... a core business model!

1888) Successful teams are individually team players.

1887) If we don't do it, how will we feel when our competition does?

1886) If we can persuade our customers to tattoo our name on their chests, they probably will not switch brands. [Thank you, Harley-Davidson]

1885) Yesterday all our troubles seemed so far away. [Thank you, P McCartney]

1884) The odds that a start-up company will get VC money are about one in 4,000. [Thank you, Scott Shane]

1883) Just because we get up early doesn't mean we like to get up early, or that we're even fully awake. But at least we're not laying around.

1882) When public speaking, tell the audience where you're going.

1881) Common popular social media outlets: Facebook, Instagram, Twitter, YouTube, Instagram, LinkedIn, blogs,

1880) Always have a Plan B ... and maybe a Plan C, D, E, and F ... just in case!

1879) The highest form of courage is the courage to create. [Thank you, Rollo May]

1878) Don't be satisfied with the status quo. Been there, done that. Do something new and better.

1877) Everything comes to her who hustles while she waits. [Thank you, Thomas A Edison]

1876) We have to earn our wings every day. [Thank you, Frank Borman]

1875) Focus on an industry that is likely to grow in the foreseeable future.

1874) The secret of getting ahead is getting started. [Thank you, Samuel Clemens]

1873) Price: the amount of money expected in payment for something.

1872) Software gets slower faster than hardware gets faster. [Thank you, Niklaus Emil Wirth]

1871) Implementation: putting something new and better to work.

1870) Instead of writing, draw pictures. And if a picture is worth a thousand words, a prototype is worth a thousand pictures!

1869) When writing our business plan, avoid long documents ... keep it under 25 pages total ... write whatever we want to write, but keep it at home ... if they want details, they will ask. [Thank you, Kaye Vivian]

1868) Details create the big picture. [Thank you, Sanford I Weill]

1867) Successful innovators and entrepreneurs have a strong work ethic.

1866) Entity: a thing with distinct and independent existence.

1865) Corporate entrepreneur credo: Circumvent any orders aimed at stopping the dream. [Thank you, Gifford Pinchot III]

1864) Encourage self-sufficiency, in your team and you.

1863) Careless hurry may cause endless regret. [Thank you, Barbara Ann Kipfer]

1862) It only looks hard until we understand it ... then we really know if it is or ain't.

1861) Startup Company: a new business venture that is about to launch, or has recently launched but has not yet achieved sustainable sales revenue,

1860) Performance: the act of accomplishing a task.

1859) People resist even the most trivial change. [Thank you, Roger L Kirkham]

1858) Say no to long meetings ... have everyone stand up rather than sit down.

1857) Entrepreneurs create businesses, businesses create customers, customers keep entrepreneurs in business,

1856) Key question for our venture: Does the name suggest what our business venture, product, or service does?

1855) Have patience ... some things just take some time.

1854) Beware: enterprises that require new clothes.

1853) Honesty is the best policy.

1852) The inefficiency and stupidity of the staff corresponds to the inefficiency and stupidity of the management.

1851) Key question for our venture: What is unique about us and what we do? Who cares?

1850) The most compelling reason for large companies to become more entrepreneurial is to spot opportunities in their own markets before someone else does. [Thank you, Edward Russell-Walling]

1849) Mountaintops inspire leaders but valleys mature them. [Thank you, Winston Leonard Spencer-Churchill ]

1848) Daring ideas are like chessmen moved forward ... they may be beaten, but they may start a winning game. [Thank you, Johann Wolfgang von Goethe]

1847) Not everything can be defined.

1846) I love deadlines ... I love the whooshing sound they make as they go by! [Thank you, Douglas Noel Adams]

1845) Key question for our venture: Are there any product liability risks?

1844) Nothing recedes like success ... if we don't keep at it, it may go away. [Thank you, Walter Winchell]

1843) Nearly everything looks like a failure in the middle.

1842) Smile ... then smile again! It doesn't cost anything, but the returns are invaluable.

1841) Create demand. [Thank you, Charles Revson]

1840) Time Value of Money (TVM): the principle that a certain currency amount of money today has a different buying power than the same currency amount of money in the future.

1839) Key question for our venture: Are we making it harder than it really is?

1838) Intuition isn't always intuitive. Be aware of fortuitous circumstances.

1837) A source of opportunity for innovation is the incongruity between reality as it actually is and how reality is perceived. [Thank you, Peter F Drucker]

1836) Encourage anyone trying to improve.

1835) We win by innovation, by being better than our competition. [Thank you, Vince Lombardi]

1834) Key question for our venture: What gives us our a competitive advantage?

1833) Skilled innovators and entrepreneurs are knowledgeable of their target markets and prospective customers.

1832) Delaying can be dangerous ... the time it takes can't be recovered.

1831) Here or There or Everywhere ... what should we focus on today?

1830) Promote our venture with PR and news releases.

1829) Innovation is most often more evolutionary than revolutionary ... even small incremental improvements can make a big difference.

1828) Write first, edit second, format last.

1827) Know how to use at least one good slide presentation program ... Microsoft PowerPoint is a standard, Google Slides is very good, too, and there are others.

1826) There are no secrets to success: it is the result of preparation, hard work, learning from failure. [Thank you, Colin Luther Powell]

1825) Validation: demonstrate or support the truth or value of something.

1824) Customers decide who offers the better value! let's make sure it's us,

1823) Can we sell our products with cold sales calls?

1822) Learn from the mistakes of others ... we can't live long enough to make them all ourselves.

1821) Identify who is responsible for taking an idea from generation to assessment to reality ... is it you, is it me, or is it we?

1820) Wonder begins everything new. [Thank you, Barbara Ann Kipfer]

1819) Write everything down. Or, take some photographs. Don't lose those cool ideas!

1818) Separate the vital few from the trivial many. [Thank you, Joseph Moses Juran]

1817) Build a fanatical customer base ... be the very best that we can be so we give our customers reasons to brag about us.

1816) Let's use television advertising.

1815) Nothing is simple ... if it was, everyone would do it.

1814) Focus on quality opportunities, not quantity.

1813) We cannot do everything at once ... but we can do something at once. [Thank you, Calvin Coolidge]

1812) Just because we know doesn't mean they know ... if we want them to know, we've got to tell them.

1811) Describe the intensity of the competitive environment in our industry.

1810) Total Available Market (or Total Addressable Market), abbreviated TAM: the total number of customers or revenue potential for a venture, product or service ...

1809) We can use stickers to promote our venture!

1808) Our minds are made up ... don't confuse us with facts!

1807) To cut distractions and stay focused at work, practice returning to our key task through persistent refocusing. [Thank you, Nando Pelusi]

1806) It's not the idea that has value, it's acting on it! there are some 7,000,000,000 people on this planet ... whatever unique idea we think we may have, there are likely a thousand other people with exactly the same idea ... but the vast majority won't do anything with it ... that's our competitive advantage: not the idea itself, but acting on it!

1805) Skilled innovators and entrepreneurs are able to control and direct.

1804) A good business plan addresses how the venture will develop and sustain a distinct competitive advantage. [Thank you, Gary Libecap]

1803) Let our minds play.

1802) A venture plan is a living document ... we won't have all the answers right away ... keep refining as we go. [Thank you, Luis Palomares]

1801) Waiting for everything to be perfect before we launch is a mistake ... first, it will never be perfect ... second, perfection is not a prerequisite for success ... the best way to know if we're ready to start is to start. [Thank you, Tony Clark]

1800) It’s not the plan, it's the planning. [Thank you, Jan Konstanty]

1799) There will be times with everything goes well ... don't be frightened, it won't last. [Thank you, Jules Renard]

1798) Reward hard work ... even if it can only be a "Thank you, that's really nice!"

1797) Entrepreneurship is like a giant jigsaw puzzle ... we've got all the pieces and we know they fit together, we just don't yet know how.

1796) Verbal agreements lead to verbal disagreements ... don't necessarily have to be super-legalistic about it, but make some notes that all agree convey the agreement ...

1795) If we can't define it, we can't control it ... if we can't control it, it will go where it wants to go, not necessarily where we'd want it to go.

1794) Courage doesn't always roar ... sometimes courage is the little voice at the end of the day that says "I'll try again tomorrow.". [Thank you, Mary Anne Radmacher]

1793) It ain't necessarily so ... that's why objective research is so important. [Thank you, George Gershwin]

1792) Make sure what we're writing or saying is accurate ... bad information doesn't help anybody.

1791) Asking dumb questions is easier than correcting dumb mistake. [Thank you, Spreuk van Laubengayer]

1790) A good business plan explains and justifies the level of product development required. [Thank you, Carlos Alsua]

1789) If the cow doesn't give milk, sell her. [Thank you, John Peers]

1788) A lie can never fix the truth ... but the truth can break a lie.

1787) You can't force people to do anything ... we can urge, push, entice, but ultimately, people do what they want to do. [Thank you, Dean Rieck]

1786) Skilled innovators and entrepreneurs are good judgment.

1785) Conventional wisdom might actually work sometimes.

1784) Pick funding sources that are right for our venture ... the source of the funds is often more important than the funds.

1783) Making a great presentation: Make visuals big enough to see. [Thank you, Ian McKenzie]

1782) Time flies [Tempus fugit]. [Thank you, Ovid]

1781) First funding from founders, family, friends, fans, fanatics, and fools.

1780) Let's use a slogan to promote our venture name.

1779) Three o’clock is always too late or too early for anything we want to do. [Thank you, Jean-Paul Sartre]

1778) Do everything we do well.

1777) I stopped believing in Santa Claus when I was six ... my mother took me to see him in a department store and he asked for my autograph. [Thank you, Shirley Temple]

1776) Break free and make our own destiny.

1775) Protect our brand at all costs ... our brand is our most important and valuable asset.

1774) Industry tries to make the complex simple ... universities try to make the simple complex ... government tries to make the complex even more so. [Thank you, Andy Rooney]

1773) Put our name on mailing labels.

1772) The more we know the more we know we know so little.

1771) Always be ready to take an order ... whenever our customers are ready to do business with us. [Thank you, Susan Ward]

1770) Do the groundwork first.

1769) Skilled innovators and entrepreneurs are able to express themselves meaningfully.

1768) The world can never be understood by trying to learn all its details. [Thank you, Ralph Waldo Emerson]

1767) Be kind ... why in the world wouldn't we be?

1766) If we can't find the right word, invent a new one.

1765) Loose lips sink ships ... keep our trade secrets secret!

1764) Male or Female ... what should we focus on today? Try thinking from the other side, or in-between,

1763) Change is a challenge to make things better ... are we up to the challenge of change?

1762) Guerrilla marketing: activities that are non-traditional, grassroots, and captivating, that gain consumers’ attention and build awareness of the company. [Thank you, Andrew Corbett]

1761) Evolutionary or Revolutionary ... what should we focus on today?

1760) Improvise ... make due with what we have

1759) Wicked Problem: a problem that is difficult or impossible to solve because of incomplete, contradictory, and changing requirements that are often difficult to recognize. [Thank you, C West Churchman]

1758) Successful teams are balanced in skills and expertise.

1757) Modular: standardized parts or independent units that can be used to construct a more complex item. [Thank you, Google Dictionary]

1756) Say "Please" and "Thank you" ... being polite doesn't cost anything but the rewards are infinite.

1755) Radio advertising spots to promote our venture, think about it!

1754) Don't be a NoBird, that person that says "No!" to most everything ... an antithesis to innovation and entrepreneurship! Instead, try being a YesSureeBobBird.

1753) Potential venture legal issue: Hiring a lawyer not experienced in dealing with entrepreneurs and venture capitalists. [Thank you, Connie Bagley]

1752) Long term profit equals revenue from continuously satisfied customers minus cost. [Thank you, Tom Peters]

1751) The first step to getting what we want is to decide what we want. [Thank you, Ben Stein]

1750) Emphasize: give special importance, like the benefits our products have in solving our customer's problems!

1749) Comparable: a company in the same or a similar industry, and/or at the same or similar stage of development, to which a startup can compare itself regarding various key operating ratios and valuation metrics.

1748) Change requires tolerating failure. [Thank you, Roger Kirkham]

1747) Working with limited resources means entrepreneurs must carefully choose where to allocate their scarce resources. [Thank you, Andrew Zacharakis]

1746) Intrapreneur: an innovator and/or entrepreneur working within an established organization.

1745) Everything we can imagine is real, or will be. [Thank you, Pablo Picasso] {Also, see: 2332}

1744) The cover page of a venture plan should have a product picture, the venture name, the logo and tagline, and contact information.

1743) Clear, crisp, clean ... a guide for our communications.

1742) Give every member of our organization a chance to dream, and tap into the creativity those dreams embody. [Thank you, Walt Disney]

1741) Let's provide referral incentives to our existing happy customers.

1740) Share (verb): enjoy jointly.

1739) Share (noun): one of the parts into which the capital of a company is divided.

1738) The deeper the color of the honey, the stronger the flavor. [Thank you, Andrea F Siegel]

1737) It is not the employer who pays the wages ... it is the customer when they are satisfied with what we have done! [Thank you, Henry Ford]

1736) Advisor: someone who is expert in a particular field who gives guidance or recommendations.

1735) Good people attract other good people. [Thank you, Robert Ruiz]

1734) Big or little ... which do we need to be with our venture?

1733) Momentum is hard to change ... the world keeps turning, the moon keeps rising, the sun keeps setting ... put our energy and efforts where we can actually make an impact.

1732) Entrepreneurship or Entrepreneurshit ... what should we focus on today?

1731) Use our own best judgment at all times. [Thank you, Nordstrom]

1730) Simple will always be in style.

1729) Tastes differ. [Thank you, Napoleon Bonaparte]

1728) Focus on improving benefits and lowering costs ... both add to value, and value is our most important product.

1727) Skilled innovators and entrepreneurs are able to keep an open mind.

1726) Keep our feet on the ground ... even if (especially if!) our heads are in the clouds!

1725) What puts a smile on your face? [Thank you, Frederic Premji]

1724) We cannot improve the past, but we can improve the future.

1723) Design our products for people.

1722) Word of Mouth: gossip spread by verbal communications ... the "grapevine".

1721) We see things and we say ‘Why?’. Instead, let us dream things that never were and say ‘Why not?!’. [Thank you, George Bernard Shaw] {Also, see: 853}

1720) Instead of asking for money, ask for advice ... let the prospective investors get to know us and help us mold our venture so it better fits their investment interests.

1719) Guess, fail, pivot, repeat ... but eventually: guess, succeed, commit, and that's neat!

1718) We are what we do ... let's do it well, and we will be swell.

1717) What we don’t know we can learn.

1716) An A team with a B opportunity is better than a B team with an A opportunity.

1715) If something can go wrong, it will ... and at the most inopportune time! [Thank you, Murphy ... thanks a lot!]

1714) Don’t make our customers think ... at least not very hard or very long. Thinking is stressful and burns a lot of energy!

1713) Exercise: List 10 new potential products and services our venture could develop in the next year.

1712) It pays to test first. [Thank you, Otis Singletary]

1711) Customer success is our mission. [Thank you, Raytheon Missile Systems]

1710) The success of an advertisement or product, just like a business or a career, depends upon the skillful combination of association and differentiation. [Thank you, Dale Dauten]

1709) Fearless or Fearful ... what should we focus on today?

1708) Assure everyone is compensated fairly.

1707) Teaching is easier than learning said someone who has never taught! They both take a whole lot of work!

1706) Play the game we're most likely to win.

1705) Don't play games ... someone always loses!

1704) Become better than we were ... continuous improvement!

1703) Each profession talks to itself in its own language. [Thank you, Leonardo da Vinci]

1702) The truth is often hidden and hard to find. [Thank you, New York Times]

1701) It's work time, team, so let's go do it!

1700) Skilled innovators and entrepreneurs are resourceful.

1699) Creative people collaborate. [Thank you, Emma L Murray]

1698) Check our egos at the door.

1697) Complex Customers: an acknowledgment that customers needs, wants, and desires are continuously changing and not so simple to understand.

1696) Due or Dew or Do ... which one today?

1695) If we always do what we have always done, we'll always get what we have always gotten. [Thank you, Tom Peters]

1694) Common Mistake: underestimating the time it takes to generate sustainable revenue.

1693) Nature gave us one tongue and two ears so we could hear twice as much as we speak. [Thank you, Epictetus]

1692) Do everything for the right seasons.

1691) A potential business model for our venture: provide a marketplace for the sale of products and/or services made by others.

1690) When it comes to getting things done, we need fewer architects and more bricklayers. [Thank you, Colleen C Barrett]

1689) Invention breeds invention.

1688) People like to see it, hear it, touch it, taste it, or smell it before they buy it. [Thank you, Dean Rieck]

1687) Beta test our new products before launching to the whole wide world.

1686) A good plan executed today is better than a perfect plan tomorrow. [Thank you, George S Patton]

1685) Ninety percent of life involves drudgery ... so make the other 10 percent count.

1684) Yin or Yang ... which one is us today?

1683) Out with the old, in with the new!

1682) Make them an offer they can't refuse. [Thank you, Vito Corleone]

1681) Don't let what we don’t know get in the way of what we do!

1680) If we think nobody cares, try missing a couple of payments. [Thank you, Rodney Dangerfield]

1679) Begin all actions with a thought. Make it a good thought.

1678) Do not press our luck too far.

1677) Skilled innovators and entrepreneurs are enthusiastic, pumped up, full of energy, ready to go, go, go!

1676) Common cause of venture death: legal issues.

1675) Experimentation is a critical exercise for innovators and entrepreneurs. [Thank you, P G Greene]

1674) Is it a good opportunity? It could be if there are real customers.

1673) The person who says it cannot be done should not interrupt the person doing it. [Thank you, Warren Donian]

1672) Beware of false labels.

1671) Types of customers: family, friendlies, fanatics, followers, flounders.

1670) Porter's Five Forces is a framework for analyzing our competitive environment: the number and power of our competitive rivals, potential new market entrants, suppliers, customers, and substitute products influence our profitability. [Thank you, Investopedia]

1669) Innovation has a revolutionary reputation but an evolutionary reality ... most innovations, even those that seem extraordinary, are most-often incremental improvements of things that already exist.

1668) Only take money from investors you trust. (They are going to be looking over your shoulder! -Jim)

1667) Sometimes it's best not to say anything ... zip our lips!

1666) Let's put our logo on t-shirts.

1665) Tradition is what we resort to when we don't have the time or the money to do it right. [Thank you, Kurt Herbert Alder]

1664) Anyone can count the seeds in a melon ... it takes vision to count the melons in a seed.

1663) Key question for our venture: How do we price our products and services? Pricing decisions are not trivial. Think it through to the end.

1662) Elements of an elevator pitch: What the venture does; Who is making the venture happen; What is the marketing being served; How the venture will make money and when; How the venture compares to other benchmarks; Why the venture will succeed; The ultimate goals for the venture.

1661) Learn, and unlearn, and relearn.

1660) Perfection is impossible ... excellence is not. [Thank you, Darlene Rivera]

1659) Solve problems in parallel ... take a big problem, break it into pieces, solve for the pieces simultaneously or sequentially, then put all the pieces back together.

1658) Beware liars. (Their pants are on fire and we could get burned! -Jim)

1657) Skilled innovators and entrepreneurs are empathetic.

1656) Never subtract from our character to add to our popularity. [Thank you, Donald J Trump]

1655) If we can't ride two horses at once, we shouldn’t be in the circus. [Thank you, Ringling Brothers]

1654) Can we effectively and efficiently promote our venture with radio advertising.

1653) Link new technologies to new market needs, wants, and desires.

1652) Can we promote our venture with Facebook or LinkedIn or ???

1651) Coming together is a beginning, keeping together is progress, working together is success. [Thank you, H Ford] {Also, see 3421}

1650) Innovation is the lifeblood of organizations. [Thank you, Tom Kelly]

1649) We shall gain solving customer pains.

1648) Think global, act local.

1647) Inspiration, ideation, implementation ... the three big steps in launching a new innovative product, service, and/or process. [Thank you, Emma L Murray]

1646) If lottery odds are better than the odds of success for our business, perhaps we should go buy some lottery tickets?

1645) It is what it is ... how are we going to adopt and adapt?

1644) It's "we", not "me"!

1643) Big old bags of balderdash ... they're out there, beware!

1642) The future belongs to those who prepare for it today. [Thank you, Malcolm X]

1641) Skilled innovators and entrepreneurs are fluent in areas of their expertise.

1640) We must always take risks when experimenting. [Thank you, Tove Jansson]

1639) The primary mission of a venture startup team is to create an organization that will earn a profit solving customer problems with something new and better than the competition ... while this recipe for success seems straightforward, it's not so easy to execute.

1638) mvp: abbreviation for minimum viable product ... mvp is often not capitalized to differentiate it from MVP (Maximum Value Product) ... many new ventures start by offering an mvp to test customer acceptance, creating an MVP using feedback to perfect the design.

1637) Suppose we promote our venture with door hangers.

1636) Accept all ideas without judgment ... prioritize them later but keep all of the ideas on the list!

1635) Split Testing: different versions of a product are offered to customers at the same time.

1634) Many great people were late bloomers.

1633) Angels can provide entrepreneurs with experience, mentoring, monitoring, and guidance ... and maybe even a bit o' money!

1632) Ask first: is it worth it?

1631) Move on ... if we're not in the right place, we're not in the right place ... let's find a better neighborhood / market.

1630) Traveling up a hill is easier on a bicycle built for two than on a bicycle built for one. [Thank you, Barbara Ann Kipfer]

1629) A mind stretched to a new dimension never goes back to the original dimension. [Thank you, Oliver Wendell Holmes]

1628) Reward: something received as a result of achievement. [Thank you, Sean Conway]

1627) Vision, Mission, Goals, Objectives, Strategies, Tactics, Tasks, Assignments ... levels of planning for our venture.

1626) Someone with vision can see the invisible.

1625) Starter or Finisher ... what should we focus on today?

1624) Create, Design, Hypothesize, Predict, Combine, Originate, Compose, Improve, Invent.

1623) Continue to make existing products and services obsolete ... if we don't, what will we do when our competition does? [Thank you, Mike Morris]

1622) There is no future like the present.

1621) Product: an article or substance that is manufactured or refined for sale and can typically be defined as having a certain fit, form, function, features, and performance ... a product is really just a means of delivering a solution.

1620) Forecast market demand.

1619) Only God can make a tree ... probably because it's so hard to get the bark on. [Thank you, Woody Allen]

1618) Skilled innovators and entrepreneurs are able to perform "miracles".

1617) Choose simplicity over complexity ... complex is easy, simple is hard. [Thank you, Warren Buffett]

1616) Successful companies not only create value, they also communicate their uniqueness to customers in credible ways. [Thank you, Michael Porter]

1615) Limitation: a restrictive rule or circumstance. What are our limitations?

1614) Place the subject and main verb near each other and use strong verbs. [Thank you, Randy Accetta]

1613) Good judgment comes from experience ... experience comes from bad judgment. [Thank you, Barry LePatner]

1612) Seek good mentors, listen to their advice.

1611) The future belongs to those who believe in their dreams. [Thank you, Eleanor Roosevelt]

1610) Change is really a challenge ... just take out two l's and an e.

1609) Common cause of venture death: stronger competitors. If they are stronger than us, we must be smarter than them.

1608) Do a few things really well rather than a lot of things poorly.

1607) Wisdom means a person can see implications and draw conclusions.

1606) Good, better, best, never let it rest, until the good becomes the better, and the better becomes the best.

1605) Compound Annual Growth Rate (CAGR): the annual growth in revenues of a company, a market niche, or an industry, factoring in annual compounding.

1604) Left-brain thinking traits ... analytic, rational, objective, symbolic, math, digital, order, qualitative.

1603) Preserve profits ... invest them in something good!

1602) Start at the beginning and work our way through it.

1601) They who hate are lost.

1600) B2C: abbreviation for a Business-to-Consumer relationship.

1599) Key question for our venture: Is our name easy to spell?

1598) Switch from autopilot to manual ... a little short nose dive every now and then will keep your passengers awake, if not amused.

1597) Justify, Criticize, Judge, Recommend, Evaluate, Propose, Defend, Appraise.

1596) Wisdom doesn't do desperate things. [Thank you, Henry David Thoreau]

1595) Lean Startup: a new venture formed with limited resources.

1594) B-M-L (Build-Measure-Learn): the process of creating a new product, service, process, or method through continual incremental change and improvement.

1593) Identify and clearly define our target market.

1592) Act quickly but correctly.

1591) Look at the source as well as the suggestion.

1590) Preferences: a greater liking for one alternative over another.

1589) Don't scam anyone ... yes, of course, supposedly sophisticated investors are scammed by more-sophisticated "entrepreneurs" every day ... but that's not how great ventures are built.

1588) We've got two sides to our brain, use them ... but not at the same time! Our right brain is the creative side ... our left brain is the analytical side ... both are important functions, but if we try to create and analyze at the same time, we'll drive ourselves (and others) crazy!

1587) Make sure your pronoun usage is clear to the reader. [Thank you, Randy Accetta]

1586) Encourage active participation within our venture ... give everyone a voice and we just might find we've got a great sounding choir.

1585) Don't eat anything we might see in a cage when we're at the zoo.

1584) Never lie, never cheat, never steal ... never mind that you could get caught, it's just not right ... never has been, never will be.

1583) Do not think only in absolutes ... few things in the world are unquestionable.

1582) Triggering Event: an event in someone’s personal or professional life that starts them down the road to starting a new venture. [Thank you, Andrew Corbett]

1581) Whom should we thank, and when?

1580) Common venture legal structures ... sole proprietorship, general partnership, C corporation, S corporation, benefit corporation, limited liability company (LLC), limited partnership, limited liability partnership, not-for-profit organization.

1579) How can we answer these basic questions: What is our customer value proposition? What do we offer our customers that is a new and better value than our competition?

1578) Common cause of venture death: no market need ... with all due respect to "Field of Dreams", just because we build it doesn't mean they will come ... only in the movies (sigh).

1577) I'm mad as hell, and I'm not going to take it anymore ... Instead, I think I'm going to be an innovator and entrepreneur and remold the world to be the place I'd like it to be! [Thank you, Peter Finch]

1576) Value: the importance, worth, or usefulness of something ... Value = Benefits / Price ... (Value equals Benefits divided by Price)

1575) Delight the eye without distracting the mind. [Thank you, Google]

1574) Customer’s rule ... we need to follow their orders, or their orders won't follow.

1573) Capture our intuitive thoughts.

1572) A garden looks more beautiful from a little distance than up close.

1571) Action without thought is like shooting without aim ... a little viewfinder can go a long way in helping to hit the target!

1570) If we wouldn't be happy for everyone to see it (customers, clients, colleagues, family, or friends), keep it out of sight ... but it's important that we ask ourselves, why are we hiding it? [Thank you, Joanna Roberts]

1569) Perfection is not obtainable ... excellence is!

1568) Make visible what, without us, might perhaps never have been seen. [Thank you, Robert Bresson]

1567) Promote our venture with newsletters.

1566) Culture drives the personality of a venture.

1565) No buts or butts about it.

1564) Be on time.

1563) Make quick, clean-cut decisions.

1562) Never lie, and don't badmouth the competition or say negative things about their clients.

1561) It is not knowing much but what is useful that makes us wise. {Also, see: 3934}

1560) Give it a rest. There comes a time when we need to stand back and let well enough alone. Tomorrow is another day.

1559) Pack light, travel fast. [Thank you, Kirsten Ortez]

1558) Limit the group of people receiving founder shares to 3 people. [Thank you, William Bygrave]

1557) When writing our business plan, avoid rumors about the competition ... if we know for sure one is going out of business we can allude to it, but avoid listing their weaknesses or hearsay ... stick to facts. [Thank you, Kaye Vivian]

1556) In times like these, it helps to recall that there have always been times like these. [Thank you, Paul Harvey]

1555) Storytellers seldom let facts get in the way of perpetuating a legend, although a few facts add seasoning and make the legend more believable. [Thank you, John H Alexander]

1554) People want to buy, they do not want to be sold.

1553) Be a good coach and mentor and teacher and friend. [Thank you, Gary Smith]

1552) By logic and reason we die hourly, by imagination we live. [Thank you, Jack B Yeats]

1551) The things we fear most in organizations (fluctuations, disturbances, imbalances) are the primary sources of creativity. [Thank you, Margaret J Wheatley]

1550) To stop creativity, just say: "It's not our job ..."

1549) We can't live without an eraser. [Thank you, Tom Peters]

1548) Evaluation: appraise, argue, assess, attach, choose compare, defend estimate, judge, predict, rate, core, select, support, value.

1547) Making money is art and working is art and good business is the best art. [Thank you, Andy Warhol]

1546) Eighty percent of the sales come from twenty percent of the products.

1545) Carry the spirit of the child with us forever.

1544) Promote our venture with directory advertising.

1543) BTW EPSCPSNBC LOL ... By The Way, Earn a Profit Solving Customer Problems with Something New and Better than the Competition! (Laughing Out Loud!) [Thank you, Social Media for ;=) and more.]

1542) Do not work just for the cash, work for the challenge, the creativity, and the control of your destiny.

1541) Young pups and grey hairs ... the "fresh out of school" young pups tend to have unbridled energy and new smarts, the experienced older grey hairs tend to have more street-smarts ... together a great combination for the team!

1540) Successful entrepreneurs have an ability to manage the financial aspects of a business. [Thank you, Janet Kraus]

1539) Promote our venture with discount coupons. Don't forget to include an expiration date.

1538) Practice continuous improvement.

1537) Knowing that we do not know much is already knowing a lot.

1536) Entrepreneurship is not rocket science ... too bad ... it would have fewer variables and more formulas to follow for success.

1535) A good business plan stresses specifics rather than generalities. [Thank you, Don Piper]

1534) Make absolute integrity the compass that guides us in all we do. [Thank you, Karl Eller]

1533) Don’t do anything that conflicts with common sense.

1532) Wherever they need us, we're there ... our customers are where our customers are, not always where we'd like them to be!

1531) Innovators are often symbolic thinkers.

1530) Entrepreneurship is innovation commercialization.

1529) Tips for developing a venture strategy: i] Develop the vision statement, the mission statement, and the business model. ii] Describe the industry and context for the firm and its competitors. iii] Determine the firm’s strengths and weaknesses in the context of the industry and environment. iv] Describe the firm’s core competencies, its customers, and its competitive advantage. v] Describe the opportunities and threats for the venture. vi] Identify the critical success factors. vii] Formulate strategic options and select the appropriate strategy. viii] Translate the strategy into action plans with suitable measures and controls. [Thank you, Tom Beyers]

1528) Imagination is the beginning of creativity ... we imagine what we desire, we will what we imagine, we create what we will. [Thank you, George Bernard Shaw]

1527) Maintain a collection of potential opportunities and ideas for our venture.

1526) So many things are possible just as long as we don't know they're impossible. [Thank you, Norton Juster]

1525) Sometimes we do need to say "no" ... make sure it's for the right reasons ... never say "no" in anger.

1524) Be open to new experiences.

1523) Legal Issues: questions concerning the protections that laws or regulations should provide.

1522) Skilled innovators and entrepreneurs are earthy.

1521) Entrepreneurs are usually objective.

1520) Past performance means nothing. [Thank you, Warren Buffett]

1519) The major danger is that we make take too many precautions. [Thank you, Alfred Adler]

1518) The customer always has a choice ... including the choice to not do anything.

1517) Use our REAL Brain ... Right Brain (creative), Engaged Brain (learning), Alert Brain (attentive), Left Brain (analytical).

1516) Encourage all to do their best. [Thank you, Jenny Hoit]

1515) Whatever interests is interesting ... but if it's not interesting, should it be?

1514) It's all in the time we spend together.

1513) Know how to use at least one good financial spreadsheet program ... Microsoft Excel is a standard, Google Sheets is good, too, as are others.

1512) Be on the lookout for new ideas ... we never know where our next great inspiration will come from.

1511) Successful teams share a common vision of the current and the future.

1510) Term Sheet: a bullet-point document outlining the material terms and conditions of a business agreement ... after a term sheet has been "executed", it guides legal counsel in the preparation of a proposed "final agreement".

1509) Aim for the stars ... even if we only get to the moon, we'll have accomplished a lot!

1508) The best way to predict the future is to invent it. [Thank you, Alan Kay]

1507) Normal people believe that if it ain't broke, don't fix it ... engineers believe that if it ain't broke, it doesn't have enough features yet.

1506) Patience, persistence, and obsessive attention to detail. [Thank you, Jeff Bezos]

1505) A good business plan provides a concise description of the venture's products or services. [Thank you, UC-Berkeley Colleagues]

1504) Stop trying to change other people ... change yourself instead. Stop trying to change our customer's thinking ... change our minds instead.

1503) Key question for our venture: Where is our venture based (address)? Why there?

1502) Key question for our venture: What is the financial model of a typical company in our industry? Use that benchmark to measure our progress.

1501) Promote our venture with endorsements or promotion by famous personalities. Who can we get, what will they say?


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