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Coaching-Zone

What all successful Startups should know

12.04.2018 Formation, Lifehacks

Why competition should be irrelevant – the blue ocean strategy

Many entrepreneurs believe that the way to long-term success is to outperform or outpace their competitors and are therefore constantly observing the other market players: Have the rivals lowered their prices? Which product improvements will distinguish their new flag ship from competitors’ offers? Companies following that scheme find themselves in a so-called red ocean - the opposite of blue oceans where new demand and market space are created.

27.10.2017 Lifehacks

What Makes a Pitch a Great Pitch?

At one point or the other, every startup will present their idea, product, or service in front of a big audience. The ability to present is one that you can learn, if you feel rather uncomfortable on stage. But where to start? How do you prepare an excellent pitch? We gathered a few practical insights for you to keep in mind. 

02.10.2017 Lifehacks

5 Skills Every Successful Team Needs

There are number of reasons why startups fail, like; not enough funding, poor product, bad timing, no customers, too much competition, lack of focus, lack of passion, bad location, not profitable, burn out or legal issues.

26.06.2017 Lifehacks

The team is the essential component of startups for success

Why do startups fail who started off with the promising combination of a great idea, a sound business model, and adequate financial resources? Because the starting point was not complete: they lacked the right founding team. A strong team at the onset shapes the direction and development of a new venture considerably – which often decides on the fate of the startup.