10 insights from alan e. hall, investor & forbes columnist

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10 Insights from

Alan Hall

NOTE:The following represents ten highlights from the interview by @MoeAbdou,

founder & host of 33voices®.

Click to stream audio

Alan Hall

Founder of Grow America, a national company, aligns the part-ners, mentors and capital that entre-

preneurs need to create and grow tomorrow’s successful companies.

Alan Hall is also a founder and man-aging director of Mercato Partners,

a top performing growth equity ven-ture capital fund.

33voices.com/

Entrepreneurship is a journey,

not a destination.You’ll make a lot of personal sacrifices

to experience it’s rewards.

No.1

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Everything starts with a deep understanding

of the customer and the marketplace.

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Be honest about your personal ability

to advance your ideas forward.

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Be patient about growth, but impatient about early profitability.

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Create prototypes early, sell them in the marketplace,

and keep iterating!

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Be prepared to accept that 80% of your initial strategies

aren’t going to work.

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Find a mentor in your industryand be aligned with a great attorney and CPA.

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Use personal funds to launch your business, and when necessary, seek additional funds from:

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Use personal funds to launch your business, and when necessary, seek additional funds from:

family

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Use personal funds to launch your business, and when necessary, seek additional funds from:

friends

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Use personal funds to launch your business, and when necessary, seek additional funds from:

angels

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Use personal funds to launch your business, and when necessary, seek additional funds from:

banks

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Use personal funds to launch your business, and when necessary, seek additional funds from:

vc’s

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Use personal funds to launch your business, and when necessary, seek additional funds from:

(in that order)

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The only way to gain the experience

is to test your ideas in the marketplace.

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The biggest risk of being an entrepreneur

is not knowinghow long it will take and how much money you’ll need.

Best Advice

Integrity is the foundation of everything.

Best Advice

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