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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. So your Q1 results will be $180,000 less profitable than if you hadn’t hired them. ” The Details.

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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. If you don’t have a strong balance sheet and can’t hire more people that’s fine — but understand this may lead to slower growth. Not necessarily.

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Entrepreneurs: The Funding Landscape Has Changed.

Berkonomics

Most economists, however, purport that our recovery will never stabilize until small businesses can access capital, hire new employees, and grow. Crowd Funding: The Internet is at work here, especially for obtaining early stager seed money.

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Which language should my startup use?

www.reincubate.com

Share this: net c# development django java language php software Were often asked by entrepreneurs which language their startups should adopt when developing their technology. What to avoid Fortunately for entrepreneurs, there are only a few technology language choices that are likely to be fundamentally "wrong".

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The Series A crunch is hitting now. Have we even noticed?

pandodaily.com

We know this: As many as a thousand companies who’ve received seed rounds won’t be around in a year — maybe six months. There simply won’t be soft-landings and acqui-hires for all of them. Essentially, we got here by entrepreneurs having too much of a good thing. A name like 500 Startups says it all.