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10 Ways You Should Never Describe Yourself

When other people use these words to describe your talents, it's OK. When you do it, you just sound like a pompous jerk. Picture this: You meet someone new

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How to Test Your Minimum Viable Product

Will your idea fly with customers? Here's the best way to find out. Editor's note: This post is part of a series featuring excerpts from the recently published book, The Startup Owner's Manual , written by serial entrepreneurs-turned-educators Steve Blank and Bob Dorf.

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5 Ways to Win With Creativity

Stuck in a rut? Josh Linkner shared a few ways entrepreneurs can boost their teams' creativity, and use big ideas to beat out big competition. "Stop competing on price and start competing on imagination," Josh Linkner told attendees at the Inc

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Why Entrepreneurs Will Never Bet the Favorite

A look at the intersection of calculated risk, the minds of entrepreneurs, and why the best business owners make long shot bets. I'll Have Another had a chance to become the 12th horse in history to become a Triple Crown winner, a feat that has not been accomplished since 1978.

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Stop Killing Your Credibility: 3 Tips

Are you aware of the little ways you damage your reputation and your business? Here's how to maintain your self-respect and that of others. I'm sure you have either heard or said at one time or another the phrase, "Do as I say, not as I do." The phrase is so overused, in fact, that people generally consider it to be clich

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Medical Innovation Needs Silicon Valley Speed, Stat

I’ve been directing or advising innovation and commercialization efforts in Silicon Valley for most of my career. While the popular stories we tell about innovation usually focus on eureka moments and brilliant individuals, anyone involved in successful innovation knows that getting a new product to market is often more about convincing smart people to back your idea, corralling lots of different agendas, aligning incentives, and navigating bureaucracies.

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Cheaper Competitor? 5 Ways to Fight Back

Avoid profit-killing discounts and price wars by differentiating yourself, your firm and your offering from the competition. When you're selling against a lower-priced competitor, you have two choices: discount or differentiate.

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Find Capital for a Fast-Growing Business

With banks taking a more conservative approach to financing, it's wise to explore these other options. Growing your small business is challenging, whether you're an ice cream company looking to significantly expand distribution, a software company establishing a new office to double your staff, or a parts manufacturer looking to create a new customized production line. One of the biggest hurdles is getting the capital you need to take the business to the next level.

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Make Your Customer Trends Pay Off

One way to manage the peaks and valleys of cash flow is to plan marketing strategies based on your customer trends. An important aspect of any business is identifying and reacting to trends; then laying these trends over your demographics in order to manage for peaks and valleys. This has been a normal approach for me when conducting a financial analysis on turnaround clients

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The Practical Case for Humility

Sure, there's a place for self-promotion, but history suggests overhyping your business can backfire. Whether it was your third-grade teacher, your beloved granny or your mom, someone probably told you to keep a good head on your shoulders and not get too cocky. Self-confidence is great, they probably said, but a reasonable amount of humility is important for both mental health and maintaining solid relationships

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