Average and Marginal costs are both important concepts. However, pricing your product according to these costs mechanisms can lead to dramatically different results. Understanding what this means for your business is critical to your success.
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What’s a Unicorn?
The Billion Dollar Startup Club has 101 companies as of July 2015, with the number one private company valued at $46 billion. It’s no secret, technology has revolutionized entrepreneurship. The explosive growth of tech-based companies is at its highest since 1995, surpassing the dot-com boom of year 2000.
What Makes A Great Organization: Great Organization Skills
One dark rainy night on a muddy hillside in Germany, I learned what it meant to be a great organization.
Founders: Do You Have An Exit Strategy?
As a founder, you should ask yourself, “What is the final, desired outcome of my company?”
8 Board Resolutions to Address While Establishing A Startup
Board resolutions are numerous issues to address as one creates and establishes a new company.
Two Key Factors in Getting Startup Advice from Professionals
There are two key factors to consider in order to be great startup advice from outside experts: Pick the right team, and always know what you want before you ask.
5 Step Critical Path Analysis
What’s ‘critical’ about Critical Path Analysis? The Critical Path is the sequence of steps that determine the minimum time needed for an operation.
4 Key Elements to Scale Up Your Startup
The goal of many startup companies is to become a scalable business. Unfortunately, there is some confusion about what it really means to scale up.
Growing Your Company: How Deep Should Your Bench Be?
A big company bench can allow you to scale rapidly, but excess payroll costs can also drag you down…fast. On the other hand, you can’t be too timid or slow, the market waits for no person. So how do you handle this dilemma?
12 Reasons Entrepreneurs Avoid Establishing Advisory Boards
Some entrepreneurs fail to leverage the knowledge and experiences of others by failing to create advisory boards. These boards are a critical component required to scale strong entrepreneurial opportunities.