-
An
effective
management team that
works cooperatively and consists of members selected to provide a range
of knowledge and skills
-
Sound
financing, the earlier the better. Funding is directly related to
a firm's success, and in some cases can be the deciding factor between a
business venture's success and failure
Venture Financing Process: 4 Steps
-
Principals who make business decisions based on a
clear understanding of
the market and the competition, rather than their own enchantment with
their product or service
The Tao of Customer Value Creation
-
Principals who keep on top of best business practices by surrounding
themselves with knowledgeable people, remaining open to advice and ideas
and being willing and ready to make changes based on new information
-
A
well-researched
business plan
that provides clear direction and focus
8 Key Entrepreneurial Questions
-
Principals who are good money managers and remain in control of the
venture's books
-
Entrepreneurs who are
passionate
about their
ventures
and communicate
that excitement to potential investors, customers and mentors
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