Posts Tagged ‘Startups’
10 Incentives for Entrepreneurs to Bootstrap Their Startup
I’ve always wondered who started the urban myth that the best way to start a company is to come up with a great idea, and then find some professional investors to give you a pot of money to build a company.
Read More 7 Entrepreneurs Who Made It Big in Their Teens
Every small business starts with a dream. From just a wishful thought, startups have sprouted up everywhere, especially on the Internet. The average age of most successful business owners may surprise you, though, because it’s a bit older than you’ve probably imagined. It is the ripe old age of 40.
Read More Startup Salaries: Why Less is More
It’s no surprise many entrepreneurs dream of becoming millionaires. After all, the startups we always hear about are the wildly successful ones. Mark Zuckerberg is now one of the top 20 richest people in the world after starting Facebook in his college dorm room, and Jeff Bezos is worth billions after starting Amazon out of his garage.
Read More Investors Consider These 7 Elements to Be High Risk
If you aren’t willing to take some risk as an entrepreneur, then don’t expect any gain. Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. If you need investors, it’s important that you understand their filters, and even if you are funding your own efforts, you need to recognize the red flags.
Read More Top 10 Fundraising Ideas for Your Startup
Finding a way to fund a tech startup can seem like a never-ending cycle. After all, you want to start a business so that you can make money, but getting a business going requires money.
Read More Get Out of Startup Mode and Transform Your Business with Data
Many small businesses continue to function as startups years after their inception. They struggle to meet their financial projections and don’t believe they have the personnel or the time to invest in developing a long-term strategy.
Read More 10 Fundraising Lessons I’ve Learned as an Angel Investor
I’m still just a baby angel, with a lot left to learn. But what’s surprised me most about my foray into angel investing is how much it has taught me about being a better fundraiser. Here are 10 things I’ve learned about fundraising after becoming an angel investor myself:
Read More Investors Measure Entrepreneurs by Cashflow Mileage
Cashflow is a basic survival metric for every startup. Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall. Don’t wait until you are almost out of cash before managing every dollar spent, or looking for the next refueling from investors. Desperate entrepreneurs lose their leverage and die young.
Read More Go Big or Go Home? Not Necessarily
Too many people are trying to find the “Next Big Thing” and forget about the small “things” that bring success. Just because your idea isn’t a brand new idea, doesn’t mean it can’t be successful. Every old idea can be improved upon by the next person. You don’t have to reinvent the wheel, but that doesn’t mean that you shouldn’t improve it.
Read More Startups Need to Capitalize on Every Conversation
Whether you are trying to motivate your team, close a deal with a customer, or get funding from an investor, a casual conversation is usually a waste of your valuable time. These result is a founder who is always “too busy,” but never seems to get the business done and the team moving. All real business is conversations focused on creating results.
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