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Startup Port Newsletter - Issue #2

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Helping founders create and implement a lean roadmap with fast turnaround and execution
 

Startup Port Newsletter

February 17 · Issue #2 · View online
Create + Collaborate + Launch

Helping founders create and implement a lean roadmap with fast turnaround and execution

How we all became experts... Thanks to Google! & the internet
And master of None...
How we all became experts on everything (And master of none!)
(Condensed from an article by Rex Huppke of the Chicago Tribune)
This is the trap of the information age. We have so much information at our fingertips that we think a few finger taps/clicks on the mouse turn us into resident experts on anything.
It seems there was a time when we humans were better at staying in our lanes. If you had a legal problem, you trusted an attorney to know the law better than you. If you had a scientific question, you assumed that scientists were the experts in that area. And if you were an electrician, you didn’t expect an accountant to start lecturing you about the proper way to wire a breaker panel based on half of a YouTube video he watched.
Easy access to everything from how-to videos to Wikipedia to news sites tailored to what we want to believe — no matter how kooky or conspiratorial it might be — has turned everyone into an expert. At everything. And that’s a recipe for disaster and division, two things America has in ample supply.
Credit: Article by Rex Huppke of the Chicago Tribune. Link to the article.
Originally Posted on July 28, 2017 by Hal Tezcan
                                    - Create + Collaborate + Launch -
Top Reasons Why Startups Fail
Ideas Fail & there are reasons why!
CBInsights published again their 20 reasons why startups fail research.
We agree with most of the CBInsights research research but have to differ on the first five reasons why a business fails.
Startup failures rarely come from the inability to create a product or raise funds. Instead, the culprit is typically a lack of understanding of either the market or the customer.
The first and utmost reason startups fail on our list is #1 but there is more to it. 
And here is our basic list:
1. LACK OF MARKET FIT,
2. LACK OF INTELLECTUAL CAPITAL,
3. LACK OF A COHERENT & COMPLEMENTARY TEAM (ALSO PART OF LACK OF INTELLECTUAL CAPITAL),
4. LACK OF BUSINESS FUNDAMENTALS AND EXECUTION,
5. LISTENING TOO MUCH TO OTHER BUSINESS EXPERT WANNABES… (You know the Resident Experts listed in the previous article above.)
If you care about your time and want to succeed on a proven fast-track process give us a try.
To learn more: https://lnkd.in/emDqX7z
And here are the 20 reasons form CBInsights:
The long list from CBInsights
                                     - Create + Collaborate + Launch -
Your Pitch Is Not Perfect!
Can You Frame It In 20 Seconds?
“There is a fundamental disconnect between the way we pitch anything and the way it is received by our audience.
As a result, at the crucial moment, when it is most important to be convincing, nine out of ten times we are not.
Our most important messages have a surprisingly low chance of getting through.
You need to understand why this disconnect occurs in order to overcome it, succeed, and profit.”
Oren Klaff

Let us help you with this startup founder dilemma and create the “almost” perfect presentation and help you hone it down. Perfection comes with practice and better execution.
Free one hour evaluation and assessment of your presentation.
Contact us at: info@startup-port.com (Subject line: My pitch is NOT perfect, help me!)
                                  - Create + Collaborate + Launch -
About Startup Port: We partner with outstanding entrepreneurs and founders to help them build successful companies. Beyond just plain dollars, Startup Port brings “intellectual capital” in the form of matter experts who provide guidance, mentoring, operational advisory and coaching to entrepreneurs, by serving on their boards, providing much needed contacts/networking relationships, assisting with strategic growth planning, key hiring decisions, and preparing them for fundraising
                                - Create + Collaborate + Launch -
If you like this, please share with a friend, a colleague or better yet a young entrepreneur. Thank you, and make sure to manage your TIME properly, we do not have the luxury to restart it with a few keystrokes!

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