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Five Reasons 8 Out Of 10 Businesses FailForbes, Eric T. Wager, 9/12/2013.
http://www.forbes.com/sites/ericwagner/ ... sses-fail/.
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Nathan Furr and Paul Ahlstrom, co-authors of the book ‘
Nail It, Then Scale It’, said it best:
“Which would you rather do — talk to customers now and find out you were wrong or talk to customers a year and thousands of dollars down the road and still find out you were wrong?”
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Startups need to move swiftly without spending tons of cash to figure out their secret sauce. Using tools and methodologies such as Minimum Viable Products, Lean Marketing and Experimentation is critical.
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I personallly like the idea of starting a part-time business while I already have a job.
And I like the idea of a service-oriented business which I can run out of my home or car and start for relatively little money. I am not starting a business at this time, but I am open to different possibilities.