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10 Startup Mistakes You Can't Afford To Make Again

Startup Professionals Musings

Forecast revenue growth that defies business principles. Every business takes time to scale and penetrate a market due to organizational growth, hiring, training, brand building and customer adoption. Hire helpers in lieu of people who are smarter than you. Hire people who can train you rather than ones you need to train.

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Unlocking the Power of Data: Transforming Metrics into Actionable Insights

Duct Tape Marketing

The rising importance of predictive AI-driven analytics became clear, hinting at a future where forecasts will shape decisions. I always stayed there until that team was counter million in annualized revenue, which was around 2016. Questions I ask Peter Caputa: [0:48] What exactly does Databox do? [02:06] So that's pretty new.

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You’ve Got Funding: 5 Things to Do With the Money Right Away

Up and Running

Look closely at your cash flow forecast so that you can spend accordingly. According to 2016 statistics published by the Small Business Administration (SBA) , only about 78 percent of small business startups survive the first year, and only half make it to the five year point. Create a backup plan.

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The Real Reason You Should Audition for Shark Tank

Up and Running

According to one Observer article , of the 40,000 applications the show received in 2016, only 180 entrepreneurs were able to pitch in front of the sharks. Use this section to describe your current to and outline the roles that you plan to hire. But the chances of making it on the show are very slim. That’s less than 0.5

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The 5 Signs of a Struggling Startup, and How to Reverse the Trend

Up and Running

Hiring is a minefield for startups, but with the right approach, you can recruit top talent. A study in 2016 by Capterra revealed that 52 percent of customers are actually more likely to trust of a product or brand if it has a few negative reviews. In this article, I’ll explore these how to spot and reverse these problems.

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Pro Tips When Starting Up

Eric Friedman

Then I published what I was sharing with people privately in 2016 about early stage advisors for startups. Hiring takes longer than you think. I love to look at founder calendars to calibrate how important hiring is to them. Things get tough – who is there for you when they do? I have been writing about advisors a lot.

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Don’t Play Hurt

Feld Thoughts

It’s especially true by Q4 when a budget was finalized in Q1 since Q4 is by far the hardest quarter to forecast / predict. These plans get reset based on the 2016 data, especially trends and progress (or lack thereof) from the second half of 2016. We are now 67% of the way through Q117. Let’s assume you missed Q416.