Browsing Tag
competitive advantage
15 posts
Here’s Why Transformational Agility Drives Competitive Advantage in Business
What is true business agility? StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here In today's fast-moving global economy, business agility is paramount. New technologies are disrupting the business landscape. Customers,...
3 Things Entrepreneurs Should Do to Boost Their Growth Trajectory
In my work with companies in all stages of growth, I encounter one common challenge among many founders: when you’re leading a business in a fast-paced or fast-changing industry, it can sometimes be hard to...
Why Empathy Makes Your Customers Love You More
The following is excerpted from The Empathy Edge: Harnessing the Value of Compassion as an Engine for Success (A Playbook for Brands, Leaders, and Teams) by Maria Ross, 2019, Page Two When you encourage empathy...
3 Tips for Starting a Business in the Hemp Industry
The hemp business is a budding industry, projected to more than double in revenue by 2022 to $2.6 billion. Since the federal ban on hemp was lifted in 2018, there has been a surge in...
4 Powerful Reasons Why You Should Offer a Subscription Service
Building and running a successful business is tough. You’ve got to have a solid strategy, an amazing offering and a strong team to help you hit the market hard. And while advancements in tech and...
8 Things Every Entrepreneur Should Know About Outsourcing
Outsourcing can save a lot of time and money, but hiring outside experts for the wrong tasks can also negatively impact your business. Here’s how eight business leaders and advisors in The Oracles decide what to outsource...
5 Reasons Why It’s Imperative to Immerse Yourself Into Your Target Industry
Startup culture loves big pictures and disruptive ideas. Not only is the ability to give a compelling pitch a necessary part of fundraising, but it’s also a boon to leadership. Setting that “North Star” with...
The Truth About Turning Your Passion Into a Successful Business
By age 13, I had developed a passion for programming, which lead me on a professional roller coaster ride. Eventually, I became the first corporate director of e-business at Cummins and a partner as well...
How You Can Become an Influencer in a Competitive Niche
What can you do to stand out as in influencer on YouTube? How can you make an impact and inspire people on Instagram? How do you become that infamous social media influencer? Becoming an influencer on...
10 Questions Every New Startup Founder Has (and Should Be Able to Answer)
Launching a startup can send even the most Type A founder into a whirlwind of questions and concerns. Will this idea work? Where to begin? What am I missing? While your questions may be specific...
Disrupting Monopolies: How Small, Agile Organizations Can Compete in the Market
Back in 2005, as I was starting my fourth company, I was warned about going up against a major ticketing monopoly in Ticketmaster. The behemoth had control of more than 93 percent of the market...
To Innovate From Inside Your Industry, Get Inside the Heads of Your Customers
When you’re an expert in your field, it can be hard to challenge the assumptions that have helped you build your business and get to where you are today. However, those same assumptions won’t always...
Securing Your Startup’s Intellectual Property Rights: Patent vs. Trade Secret
Entrepreneurs and emerging companies often look for ways to protect their valuable assets. They want to secure their ideas and ultimately enforce their rights around them. Traditionally, there are four types of intellectual property rights:...
10 Steps to Start a Side Hustle (While Working a Full-Time Job)
Never in history have we seen such rapid growth in the number of entrepreneurs who’ve begun working for themselves. From app developers, to freelance writers, business consultants, creative producers and startup founders, there’s no shortage...
Identifying and Protecting Trade Secrets for Young Companies
The “secret sauce” that makes a startup unique and profitable can be among its most important competitive advantages through each stage of its existence. Understanding what your business’ trade secrets are and how to protect...