by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is a Differentiation Strategy?Differentiation is a strategy for showcasing unique attributes of a product or service to differentiate it from the other existing competing products or services in the market. It intends to convince the customer that a particular...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is a Disintermediation Strategy?In simple words, disintermediation means removal of the intermediaries or middlemen from a supply chain (sales) or transaction (finance). These intermediaries include brokers, agents, wholesaler, distributor, banks and other...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is a Gap Analysis?Gap Analysis refers to the comparison between the actual and standard performance of an organization. It identifies if it is performing as per the expectations, and utilizing resources in an efficient manner.Gap analysis involves a 4-step...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What are the Advantages and Disadvantages of Seeking Venture Capital?There are many advantages and disadvantages to pursuing venture capital investment. The disadvantages are such that, if possible, most entrepreneurs prefer to grow organically. That is, they prefer...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is an Early Exit?An early exit simply means for owners of a startup entity to leave the business by selling their ownership. It is early, because the exit takes place before the owners intended. It is generally a strategic decision based upon the startups...
by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation
What is an Early Stage Business?Early-stage is a term used to characterize a startup business venture. It generally concerns the phase of startup development generally preceding the rapid growth phase. The early stage is characterized by activities such as research...