Remove .Net Remove Cost Remove Entrepreneur Remove Seed Money
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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

This is part of my series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. I started the series talking about what I consider the most important attribute of an entrepreneur : Tenacity. Entrepreneurs are inherently risk takers.

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Should Startups Focus on Profitability or Not?

Both Sides of the Table

” I mention journalists here because they perpetuate the myth that focusing on profits is ALWAYS the right answer and then I hear many entrepreneurs (and certainly many “normals”) repeating the same mantra. ” If you’re not profitable you’re purely a cost center to them. Cost of Goods Sold (COGS) =.

Startup 418
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What every entrepreneur should know about financing right now

Version One Ventures

The ability to raise money no longer determines one’s fate. With lowered costs to build and run websites, acquire and retain users, virtually anybody can pick up coding and start a tech company. First, there will be a consolidation in the accelerator space, with the net effect of reducing the number of available spaces for start-ups.

Finance 167
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The Top 3 Financial Perks of Launching a Startup Company During College

The Startup Magazine

However, the beauty of being in college is that it’s a safety net. In return, you may be able to get your hands on some seed money for your college startup. Alternatively, there are organizations for student entrepreneurs for networking and startup cash injections. These include: Young Entrepreneur Council.

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Should Startups Care About Profitability?

Both Sides of the Table

If you hire 6 senior sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business 6 months. I often ask entrepreneurs to consider, “What’s your objective? COGS” represents the amount that each sale costs you. Not necessarily.

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Entrepreneurs: The Funding Landscape Has Changed.

Berkonomics

Fees may seem high at first, but, on a total cost basis, these funding sources can appear more reasonable. Crowd Funding: The Internet is at work here, especially for obtaining early stager seed money. Research the Net for guidance in this arena, which is changing as laws enabling this are evolving.

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Should Founders Be Allowed to Take Money off the Table?

Both Sides of the Table

A friend of mine is a serial entrepreneur and is running a high-profile, early stage company in NorCal. We exchanged ideas when I was an entrepreneur along side him in NorCal in 05-07 and my point-of-view on founder / VC relationships hasn’t shifted even 1% since I went to the dark side. I believe this is wrong.

Founder 329