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Why Startups Fail: Six Issues to Avoid

Leading Blog

Marketing: How much to spend on marketing. Premature scaling of marketing and product development efforts is a widespread cause of startup failure. Crowdfunding campaigns may demonstrate a product’s appeal to product category enthusiasts, but they don’t provide data on mass-market demand.

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How Disrupters And Incumbents Respond To Technological Change

The Horizons Tracker

For new entrants, the dilemma revolves around whether a specific niche should be targeted to avoid any reaction from the incumbent, or whether to target the mass market and risk provoking such a reaction from the incumbent. Managing disruption.

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Three Ways Leaders Can Improve Decision Making

Lead Change Blog

The little-known fact is that Nokia had invested USD40 billion into creating a similar style iPhone device with color touchscreens, maps and shopping but the product never hit the shelves as management thought it would not have mass market appeal. How wrong they were. Slow Down To Speed Up.

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15 Decisions That Can Undermine Your Business

Frank Sonnenberg Online

Remember… Trust takes a long time to develop, but it can be destroyed by a single action. You begin to sell your luxury products in mass-market retail stores to boost sales. — You let your salespeople discount products rather than justify the sale based on the value provided. — Remember… Half the truth is often a whole lie.

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Finding the Sweet Spot Between Mass Market and Premium

Harvard Business Review

While these numbers indicate an underlying issue with all new product development, there’s more at stake with premium products because of their higher revenue potential. In 2015, for example, small food and beverage manufacturers drove nearly half of category growth , while the top 25 manufacturers could only take credit for 3%.

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The 5 Habits of Mind that Self-Made Billionaires Possess

Leading Blog

Imagine what Atari might have achieved if Steve Jobs had stayed there to develop the first mass market personal computer. We need to find and support positive deviance while promoting for systematic improvement. * * * Like us on Facebook for additional leadership and personal development ideas. * * *. Management'

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It’s Time To Stop VCs Driving Entrepreneurship

The Horizons Tracker

This, in turn, makes more sustainable development much harder and turns entrepreneurs into just the kind of mercenaries Bezos so despised rather than founders who leave a positive impression on their local communities. At the moment, the whole startup world seems to be playing the tune of the VCs, and it’s time for that to change.