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Along the same lines, founders need to think about how to compete effectively.
Founders need to think about their financing plans beyond the next 12 to 18 months, and raise capital only if that cost of capital is low.
Founders need to think of venture capital as a power tool — a fairly dangerous one — but instead often mistake it for some magical, infinitely renewable resource.
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Richard Branson, author and founder of Virgin Group says, "You need to think about what your crew needs to stay engaged, and what motivates them in the long term.
Sarah Archer, co-founder of CareerTree, agrees that you need to think about what makes you stand out against other candidates.
Investors need to think more critically than ever, says Ray Sclafani, founder of ClientWise, an executive coaching firm.
"We need to think practically about getting skilled labor," said Ms. Guarino, a founder of the training effort, known as the Makers Coalition.
"If you want a piece you're investing in to last, you need to think about the innate quality of the item," says fashion writer Kathleen Beckett, founder of Beckett's Black Book, a personal-shopping service.
"We need to think differently.
We need to think ahead".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com