There’s a statistic going around that 90% of startups fail. Why is that? Well, the reasons behind these failures vary from an under-developed entrepreneurial skill set, to a lack of business acumen, to flawed execution. The number one reason startups fail is market timing—this accounts for 42% of what separates […]
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The American Dream is alive and well—and the future’s especially bright for aspiring entrepreneurs. Even among high school students, there has been a surge of interest in learning the foundational skills needed for a potential entrepreneurial future. One catalyst for this increased interest among students is inevitably the COVID-19 pandemic, […]
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All over the globe, innovators, entrepreneurs, and leaders use lean startup methods for their businesses. Utilizing lean startup methods can turn a brilliant idea into a stellar product or service. In this piece, we will discuss who can benefit the most from a lean startup plan, and what it can […]
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Do you want to own your business someday? Do you have a brilliant idea for a product or service but aren’t sure how to turn that into a feasible company? Many people have a goal of becoming an entrepreneur but lack the knowledge and skills to get there. In fact, […]
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At the end of the year it has become tradition to wish each other a holiday greeting: one designed to share a positive spirit for now and an optimistic outlook for the future. But to do so in 2021 would not be reflective of the reality. And, as such, being […]
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At NextStudios, we’re inspired by EdChoice’s school choice initiative. As a venture studio designed and operated by entrepreneurs, for entrepreneurs, and with entrepreneurs, we’re looking forward to working with the next wave of learners-turned-leaders. In this blog, we’re taking a look at EdChoice and how it’s impacting education and entrepreneurship. […]
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Only the best startups go on to become successful companies. One critical issue that holds startups back is that they sometimes start with a product idea and then invest significant funds into building it before making sure the product works or has a market. More often than not, a startup […]
Read MoreIndianapolis, IN: NEXT Studios, a Venture Studio, announces its status as a Certified Benefits (B) Corporation. NEXT is the first Venture Studio in Indiana to obtain this designation. NEXT Studios provides an alternative to the traditional accelerator system. As such, they hold themselves accountable to both financial success as a […]
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Taking the leap of faith with your own ideas to create a successful business is not an easy task for anyone. This makes success in the first few steps that much more important. At NEXT Studios we have adopted the LEAN Canvas as the straightforward and consistent way to enable […]
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The New Engine of Intentionality in the World Of Startups and Innovation Venture studios provide an innovative approach to funding startups and are creating a big impact. This model of funding entrepreneurs and big ideas continues to grow and evolve. We’re looking at what exactly a venture studio is and […]
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