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StartupPro : how to set up and grow a tech business : practical guidance on how to turn your passion, idea, and technical skills into a successful business / Martin Zwilling.
- Format:
- Book
- Author/Creator:
- Zwilling, Martin, author.
- Language:
- English
- Subjects (All):
- Small business.
- Success in business.
- Entrepreneurship.
- Physical Description:
- 1 online resource (237 pages)
- Edition:
- 1st ed.
- Place of Publication:
- Birmingham : Impackt Publishing, 2014.
- Language Note:
- English
- Biography/History:
- C Zwilling Martin: Marty Zwilling has a passion for nurturing the development of entrepreneurs by providing first-hand mentoring, funding assistance, and business plan development. He is the Founder and CEO of Startup Professionals, a company that provides products and services to startup founders and small business owners. He writes a daily blog for entrepreneurs, and dispenses advice on the subject of startups to a large online audience of 750, 000 Twitter followers. He is also a regular contributor to Forbes, Entrepreneur Inc, Business Insider, and the Huffington Post. He also has published two other books, Do You Have What It Takes To Be An Entrepreneur? and Attracting an Angel. He has a 30 year track record of demonstrated results as an executive in general management, computer software development, product management, and marketing, as well as in leading technical business transformations, conducting due diligence for investors, mentoring new technical executives, and overseeing business development, customer service, and outsourcing both onshore and offshore. Marty began his career with IBM, holding an array of positions including executive roles in software development and professional services. Prior to beginning his career, Marty obtained a Bachelor of Science degree in Accounting and a Minor in Computer Science from the University of Illinois in Champaign-Urbana. A resident of Fountain Hills, Arizona, Marty is also an active member of the local Angel investment group (Arizona Technology Investor Forum), an advisor to the Arizona State University Venture Catalyst program, Executive in Residence at the Thunderbird School of Global Management, and member of the Advisory Boards for several startups in the area.
- Summary:
- If your find yourself daydreaming about your own business and not just your next promotion, this book will help you shape your ideas as you begin your enrepreneurial journey.
- Contents:
- Cover
- Copyright
- Credits
- About the Author
- About the Reviewers
- Contents
- Preface
- Chapter 1: Do You Have What It Takes to Be an Entrepreneur?
- Personality traits of great technical entrepreneurs
- Are all technical entrepreneurs natural-born?
- Every entrepreneur needs multiple intelligences
- Technical entrepreneurs have to love learning more than money
- Technical entrepreneurs learn best from business networking
- A technical entrepreneur must build relationships
- Attributes to work on for entrepreneurial success
- All entrepreneurs are survivors, never victims
- Test the start-up lifestyle before jumping into it
- Missteps to avoid for aspiring technical entrepreneurs
- Customers and investors like ideas, but measure you on their execution
- Succeeding as a technical entrepreneur is really about you
- Summary
- Chapter 2: Does Your Dream Idea Have the Potential to be a Business?
- How to perform a reality check of your opportunity
- Recognize the entrepreneur passion trap
- The difference between entrepreneurial requirements and engineering perceptions
- Assess the opportunity and the risks with a start-up incubator
- The importance of frequent tuning and daily determination
- Feature creep can turn your leading edge into the bleeding edge
- Early adopters don't make your market
- Check your alignment with today's customer buying habits
- Winning customers from big business brands
- Women technical entrepreneurs have some unique challenges
- Chapter 3: When, Where, and How Do You Formalize a Technical Business?
- Startup location - a critical success factor
- Picking the right company name
- Paying for a domain name
- The official start date of your business is an important milestone
- Protecting your start-up founder's stock shares
- Minimizing the red tape and taxes of a start-up.
- Every technical start-up needs a website
- Business blog - an alternative to a business website
- Kick-starting your startup with Twitter
- Every business needs momentum
- Chapter 4: Does a Technical Entrepreneur Really Need a Business Plan?
- When do you really need a business plan?
- Valid reasons for not writing a business plan yet
- The difference between product plans and business plans
- Creating a good business plan
- Make it a simple but effective business plan
- Focusing on investors' questions
- Define the problem
- Solution and benefits
- Industry and market sizing
- Explain the business model
- Competition and sustainable advantage
- Marketing, sales, and partners
- Executive team
- Funding requirements
- Financial forecast and metrics
- Exit strategy
- How to do market research on a startup budget
- What is your business model?
- Financial forecasts - a key element of every business plan
- Benefits of using a financial model
- Chapter 5: When and How Do You Find Funding for a Technical Business?
- Finding cash sources to start a technical business
- Crowdfunding basics for technical entrepreneurs
- Tips on how much money to ask for from investors
- Honing your elevator pitch and executive summary
- Structuring your investor presentation
- Guidelines for pitching to professional investors
- Rules of thumb for start-up investment valuation
- Every technical entrepreneur needs a start-up exit strategy
- Getting ready for the dreaded due diligence
- Rejection, and how you learn from it
- Investors fund solutions rather than technology
- Differentiating start-up viability from fundability
- Chapter 6: After the funding, how do you survive the execution risks?
- Risks to be avoided
- Learn the laws of the jungle for technical startups.
- Every technical startup needs business accounting and records
- Think carefully before taking legal risks and shortcuts
- Register all your intellectual property
- Know the value and risks of patents
- When to use non-disclosure agreements
- Risk factors that scare investors most
- Other common startup risks to avoid
- Taking smart risks
- Entrepreneurship success is recognizing smart risks
- Using imitation with innovation to limit risk
- Follow strategies of other successful risk takers
- Chapter 7: Are You Ready for all the Leadership and Team Challenges?
- How to be an entrepreneur role model to lead your technical startup
- Traits of a great technical startup founder
- Finding the right top executive for your technical startup
- Importance of having a startup mentor
- How to assure a productive mentor-mentee experience
- Mentoring your team efficiently
- Recognizing and hiring the smartest people for your startup team
- How to turn your team members into an innovative startup team
- Keys to motivation that every technical entrepreneur should know
- Recognizing people who drain energy from your company
- Chapter 8: Do You Understand How Social Media is Changing the Business Landscape?
- Making the right use of social media
- How to begin using social media in your technical business
- Differences between traditional and social media marketing
- The big three social networks for business
- Steps to social media success for technical entrepreneurs
- Some old and broken social media marketing uses
- Steps to measure technical entrepreneur social media results
- How to balance social media costs versus value
- How to make a real social media customer connection
- Chapter 9: If You Build It, Will They Find You, and Will They Use It?.
- Planning pivots - you may not get it right the first time
- Joining the new breed with a new mantra - nail it then scale it
- Validating the business model
- Pricing your product correctly
- Creating a memorable website for your start-up
- Optimizing your website for the search engines
- Organic versus paid search results
- Website ads are not a revenue stream for start-ups
- Building your start-up brand
- Creating a brand experience for your technical product with digital marketing
- Using viral marketing effectively
- Above all, maintain a laser focus
- Chapter 10: Can You Build the Relationships Needed to Succeed in Business?
- Don't work alone
- Two heads are always better than one
- Partner qualities to test before sharing equity
- Why you need business relationships with many others
- Don't look to a dating site for matchmaking business relationships
- Should technical entrepreneur relationships ever be more than business?
- Great relationships are the key to scaling your business
- The importance of great customer relationships
- Mergers and acquisitions for growth are special relationships
- Make your relationship connect deeply
- Summary.
- Notes:
- Bibliographic Level Mode of Issuance: Monograph
- Description based on online resource; title from PDF title page (ebrary, viewed June 15, 2017).
- ISBN:
- 1-78300-143-7
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