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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

Lately I’ve been having to say things I thought I’d never have to remind people, like, “getting to positive gross margin in several territories is a very low bar to claim success” or “profitable excluding marketing costs” is not actually a real thing. But not doing basic research makes no sense.

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Should Startups Focus on Profitability or Not?

Both Sides of the Table

If you hire 6 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 for 4-6 months. ” If you’re not profitable you’re purely a cost center to them. Cost of Goods Sold (COGS) =. Operating Costs.

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The Legal Side of Entrepreneurship

YoungUpstarts

Startups need to understand how to manage the seed money they receive from investors and VCs. . ” The Cost of Financing. Startups bear the costs of their financing, from the first seed investment to the sale of Series A stock. Incorporation also protects the founders from a liability standpoint.

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Start Up Business Grants 101: Meaning, Funding & Tips

Board Effect

Thousands of great ideas never come to fruition because business owners and founders of nonprofit organizations aren’t familiar with the startup business grant process. They simply don’t have the seed money to get a business or organization off the ground.

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4 Best Websites To Apply For Accelerators And Incubators

YoungUpstarts

by Melvin Wong , founder of Kodorra. This is why it is especially important for startup founders to seek help to guide them through the tedious and often perilous process of starting and growing a company. Founded in 2011 and based out of London, F6S is one of the world’s largest founders’ online communities with over 2.7

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Series Seed or Convertible Note? Which one is more founder friendly? Which one do investors prefer?

Gust

Assuming the company is able to make effective use of the seed money to greatly increase the value of the enterprise, all of that value therefore accrues to the founder, rather than the investor. That is a swing of 15x from the investor’s point of view!

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[Interview] Toronto’s Michael Beattie, Founder And CEO Of MBM Consulting

YoungUpstarts

Success as an entrepreneur takes a lot more than an idea, a dab of seed money and, as they say, a wing and a prayer. This combination provides him a unique blend of knowledge and insight that have made MBM Consulting a first choice for leading projects that challenge the status quo in terms of design, delivery and cost efficiency.

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