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Startups: Avoid These Inner-Series Mistakes When Scaling Your Business

YoungUpstarts

But to get to the finish line successfully, there are several key company milestones that leadership must identify and address. Series B: Hiring and Developing Managers. While additional personnel is crucial to scale the product, misaligned hires will increase burn rate without a concurrent jump in productivity and meaningful growth.

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The Virus Survival Strategy For Your Startup

Steve Blank

Large companies are sending employees to work at home. They have fewer cash reserves and less margin of error for managing sudden downturns. If you’re running a startup or small business, your first priority (after your family) is keeping your employees and customers safe. Burn Rate and Runway. How do you know?

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Critical Key Performance Indicators (KPIs) for Founders

Up and Running

KPIs can (and should) be used as a communication tool to align everyone in the organization so employees are empowered to take initiatives in achieving business goals. Get input from analysts, department heads, managers, and other team members that need to act on the information. . Employee KPIs.

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Twitter Link Roundup #238 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Stock option questions startup employees should ask | Business Insider – crowdspring.co/1n8lUje. Refocusing the Startup Burn Rate Debate | OpenView Blog – crowdspring.co/1n8paLq.

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How to Manage Cash Flow in a Crisis

Up and Running

For small businesses, cash flow management in a crisis is absolutely vital. With your forecast in hand, you can anticipate how far things will fall, and identify the best ways to react: Figure out your burn rate and runway : How quickly are you using up your cash reserves and how long do you have before you run out of cash?

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8 Good CFO Attributes That Every Entrepreneur Needs

Startup Professionals Musings

Every startup role requires managing to financial realities. As startups grow from development organizations to a sustainable and repeatable business, processes must be documented, employees hired and trained and customer-support organizations built. Leadership is earned rather than appointed.

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Out of the Crisis #2: Mark Cuban on putting people first, the Dallas Mavericks, and what we'll want on the other side

Startup Lessons Learned

Mark has been at the forefront of providing job stability and funding for his own employees and the networks that support them during the pandemic. It's never selfish to try to do the right thing for your employees, your customers, and your stakeholders." Since then he's been starting and investing in companies in a number of arenas.

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