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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. So if your costs are $500,000 per month and you have $350,000 per month in revenue then your net burn (500-350) is equal to $150,000.

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Neil Patel Review: Learning Marketing Entrepreneurship From The Master

YoungUpstarts

In 2005, Neil began his first marketing blog, which grew to become the leading source of marketing insights that it is today. In April 2015, Neil took things a step further and ran a live marketing experiment: within 12 months, he would build a business that would generate $100,000 of revenue a month.

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Beware of Ballers on a Budget

Both Sides of the Table

I still drive the same car I bought for cash in 2005. In the tech world we are breeding a bit of a culture where we have entrepreneurs who are conference famous but have small have small revenues and red ink. I told him I didn’t because we planned to keep the car for more than 3 years so it was more advantageous to buy.

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Lessons Learned: Hugh Molotsi

Startup Lessons Learned

Through the great work of many other Intuit employees, Intuit Payments would eventually become a roughly $1B business for Intuit and a key enabling feature for over half of Intuit’s small business revenue. With this in mind, we started Intuit’s Unstructured Time program in 2005, where employees could spend 10% working on their own projects.

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Neil Patel: Learning Marketing Entrepreneurship From The Master

YoungUpstarts

In 2005, Neil began his first marketing blog, which grew to become the leading source of marketing insights that it is today. In April 2015, Neil took things a step further and ran a live marketing experiment: within 12 months, he would build a business that would generate $100,000 of revenue a month.

Marketing 101
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There’s Something Abuzz With GoodBuzz

YoungUpstarts

He later worked for eight years at the European Union commission helping to develop the cultural industry in Africa (cultural products being the main exports – and revenue – for poor African countries). Peer-To-Peer Referral Network.

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Does Fintech Disruption Break The Investment Banking Model?

YoungUpstarts

According to research from JP Morgan, revenues from investment banking peaked in 2009 at $207.7 Today employment in the sector is comparable to levels from 2005-2006 when revenues were also similar. So although technology has certainly advanced rapidly since then, the effect is not showing up on revenue per employee.