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Here is my list of seven recommended books: (1) The Startup Owner's Manual: The Step-By-Step Guide for Building a Great Company - Steve Blank and Bob Dorf (2) Disciplined Entrepreneurship: 24 Steps to a Successful Startup by Bill Aulet (3) The Founder's Dilemmas: Anticipating and Avoiding t...

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It all depends on what one decides to be a definition of a "success story." For some entrepreneurs, it might be getting acqui-hired, for some -- a $10M exit, for some -- a $200M exit, and for others -- an IPO. Based on the numbers I have anecdotally heard in conversations over the last decade o...

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You don't need much to get an MVP together. Check out SimpleWebRTC for a free, open source video conferencing solution. I just built a live video platform using a variation of that software (the next generation, Otalk, which is more complex) and found it really simple to get things breathing. ...

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I'm going to make 2 assumptions in my reply 1. You're selling these to companies 2. These are rather expensive systems. Basically for such a situation, what you have right now is a first mover advantage. That basically means you have the opportunity to gain quick traction and find early adopter...

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Hi, in my opinion no, you should test first the device in your local saloon. After you improve the product, and after you are satisfied with the product is working, the next step would be branding and marketing. Before you come to market then you should fill for the patent. Kind regards Kruno.

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I think it makes total sense. If you provide some standard dashboards with number of messages over time and similar, you can get everybody started. And it will give you a platform to interact with the subscribers. In my view, that is the cheapest and most low-risk way of developing it - to work w...

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Hi: Great that you've done the work on a business plan. Now consider the following steps: * Validate your idea through conversations with prospective customers and other strangers who could fall in your target market. Many a great idea has faltered because it proved not to be a solution that the ...

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There is certainly value in starting customer discovery interviews. And no reason to wait for the delay that creating a landing page and waiting to collect emails would take. I would just advise that you get clear on your hypotheses about who your target customer is so you talk to the right kind...

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I'd suggest forgetting about trends, and instead focusing on finding problems that lots of people will pay you to solve for them. Here are some ways to get started: (a) Have a clear idea of the few areas where you may have a view of what lies just beyond the edge (technology evolution, market ...

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