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6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

Seeing a 200-percent revenue growth in just the first year after securing that loan, TRISTAR took out an additional $500,000 SBA-backed loan to expand its physical presence into two more locations. It has grown from five employees generating $120,000 in annual revenue to 350 employees generating annual revenues of $16.5

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Everything You Need to Know About the Difference Between Bankruptcy and Liquidation

The Startup Magazine

If a business or person is unable to pay off their debts, then they may be forced to liquidate or declare bankruptcy. The purpose of liquidation and bankruptcy are actually quite similar, although the way that both are applied are not the same. What is bankruptcy? What are the types of bankruptcy? Source: Pexels.

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Early Startup Employee Compensation

Austin Startup

Background reading: Founder Compensation: Cash, Equity, Liquidity Fatal Errors in Early Startup Hiring Early Hires: Options or Stock Given how deeply involved we are with early-stage startups hiring their first key employees, I figured it would be helpful to outline a few key principles to help entrepreneurs navigate the topic.

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Why Some Startups Win

Steve Blank

When organizations are small (startups, small teams in companies and government agencies) early employees share a mission (why they come to work, what they need to do while they are at work, and how they will know they have succeeded). I had taken the job of VP of Marketing in a company emerging from bankruptcy. Why Do You Work Here?

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Why Acceptance of Failure is Critical to Startup Success

Both Sides of the Table

I have experienced many first-time entrepreneurs with too much hubris if fund-raising came easily and press was fawning and employees joined in droves and customer adoption has been rapid. You also ran the risk that if you hired employees quickly and then demand wasn’t as strong as expected it was incredibility hard to fire people.

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30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

Over the years, despite massive losses, Netflix was able to bounce back and improve its revenue by 47%. Before Jobs returned to the business in 1997, its sales, and popularity all steadily declined for 12 years, nearly driving it into bankruptcy. Thanks to Jen Wan, Soteri Skin ! Thanks to notably Erin LaCkore, LaCkore Couture ! #8-

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Five Ways For A Startup To Secure And Keep A Big Client

YoungUpstarts

For any business, revenue matters. For a startup, sustained revenue is of paramount importance: a paucity of sales in one month could lead to bankruptcy the next. Professionalisms client management revenue sales Scott Tarlow startup Success Systems' By Scott Tarlow, founder, president and CEO of Success Systems.

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