All companies face risks, and startups are no exception. As you seek financing from third parties, remember that once financing is obtained, the resources of those outside investors now face the same risks as your personal resources.
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10 Quotes Entrepreneurs Live By
To be an entrepreneur is to be challenged everyday. Often times, you will be pushed to your limits, but the payoff can be one of life’s greatest pleasures. To help you through the entrepreneurial journey, here are 10 quotes all entrepreneurs should live by.
4 Steps to Change Failure into Success
You are going to fail! This is the dirty little truth about being an entrepreneur.
5 Key Factors to Improve Startup Performance
Efficiency, the ability to accomplish a job with a minimum expenditure of time and effort, is one of the most important ingredients to business success. Startup companies must be ruthless in this pursuit.
7 Concept Stage Branding & Marketing Items to Consider
Concept stage branding & marketing is an important aspect of creating a new startup. It’s never too early to begin considering the branding and marketing …
The Perfect Entrepreneurial T-E-A-M: Transformer, Examiner, Architect, and Mover
If you can’t feed a team with two pizzas, then the team is too large. – Jeff Bezos. Investors want to invest in people more than products, because people make products.
How “Shark Tank” Revealed the Difference Between Gross Profit Margin and Net Profit Margin
Shark Tank revealed how looking at Gross profit margin ( how efficiently is the product being produced) against Net profit margin (how efficiently is the company operating as a whole) can affect your chances of investment.
Two Important Ways to Use Feedback to Improve Business Performance
The basic question that most plans leave unanswered is, “How do I know if my plan is working?”
Giving Away Startup Ownership: How Much Is Too Much?
“Sweat equity is the best kind of startup capital.”— Mark Cuban
This is a huge question for startup founders. If you are a founder, you know what I am talking about: how much of my startup should I give away?
Business Tips: Newton’s 3 Laws at Work
We often think of business as a special function. In reality, it operates in much the same way normal things around us do. In fact, the concepts behind Newton’s Three Laws of Motion are as applicable to business tips as they are to physics.