Startup Professionals Musings

SEPTEMBER 26, 2010

Bootstrapping avoids all the cost, pain, and distractions of finding angels or VCs, and allows you to keep control and all your hard-earned equity for yourself. Take little to no net profit. Every outside hire increases your cost and risk. If you do, there probably won't ever be a long run! Reinvest gross profit. Do it yourself.

Bootstrapping 240

Bootstrapping Merger Salary .Net 240

Entrepreneurs-Journey.com by Yaro Starak

MARCH 10, 2011

This article picks up from that point onward, discussing the challenges we ran into once we went into operation mode, the invaluable lessons that only first-hand experience can teach, the exit strategy which was the $250,000 sale of the website, and finally my overall concluding thoughts on the entire experience. This was a huge risk.

Technical Review 71

Technical Review PPC Due Diligence Exit Strategy 71

Mike Michalowicz

APRIL 30, 2013

Those include preparing financial statements that are used to report to investors or even those given to the IRS for the sake of mergers. The problem with using the GAAP method is that, like other entrepreneurs, your salary likely comes from your net income. They do have their place in the business world. Putting Yourself Last.

Restful 151

Restful Salary Merger .Net 151

David Teten

AUGUST 6, 2015

It’s misleadingly precise to have two digits to the right of the decimal in a CAC/LTV multiple for year 3 of your forecast (“Customer Acquisition Cost”/”LifeTime Value of Customer”). A model that shows X% growth over time with no embedded correlation to sales/marketing is a huge red flag. 15) Bridge historical and projected data.

Balance Sheet 60

Balance Sheet Software Review Forecast Acquisition 60

Berkonomics

APRIL 10, 2014

Often, the lender then tracks the pledged assets until money is received or inventory sold, expecting repayment from the proceeds of sale. This type of funding is great for startup companies, refinancing existing loans, and financing for growth, mergers and acquisitions. The purchase orders are then assigned to the lender.

Merger 66

Merger Finance .Net Acquisition 66

Steve Blank

JUNE 15, 2009

His marketing and sales instincts and skills seemed magical and he built the company into a $400 million OEM supplier, ultimately selling the company to Unisys. Not enough people understand the emotional cost of being a start-up founder. But this story is not about Convergent. It’s about entrepreneurship and family. Go figure.

Entrepreneur 276

Entrepreneur Silicon Valley Technical Review RSS 276

Reid Hoffman

MARCH 19, 2019

And, as the industrial revolution showed us, there are some real costs to scale. The implication is that blitzscaling ignores things like “business model innovations that were rooted in a future that the competition didn’t yet understand” in favor of “spending to acquire customers below cost.”. The third is high gross margins.

Cofounder 28

Cofounder Business Model IPO Non-Compete 28