Remove Cost Remove Lean Remove Reputation Remove Revenue
article thumbnail

The 6 Biggest Challenges Businesses Face Today

YoungUpstarts

You will develop the knowledge and skill set to lead your business out of uncertainty and will be able to generate a healthy annual revenue. Each employee will contribute to your company’s productivity, revenue, and reputation. Recruitment Issues. Supply Chain Problems. Increased Competition in the Market.

article thumbnail

Your Startup Probably Doesn’t Need Funding – and Here’s Why

ReadWriteStart

The cost of the money you receive may be more than you’re willing to give. Stacking costs early in your entrepreneurial career makes you vulnerable to failure. You’re lean, agile, and responsive to external changes, ready to test a new idea or head in a new direction. You might even ask for it. Pimp out my office?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Proven Ways to Grow Your Small Business

Up and Running

Do the right thing and grow your brand reputation around sustainability and responsibility in support of your community. If you’ve been struggling to grow revenue from your core business model, developing additional income streams may be necessary. Develop additional income streams.

article thumbnail

5 Big Problems Faced By Small-To-Medium US Manufacturers

YoungUpstarts

The management team decided to ask the AJ Weller Corporation, a 25-year old company from Shreveport, Louisiana, for help because it had a developed a sterling reputation for solving apparently intractable wear problems. Consequently, they are often dependent on each customer to ensure a steady revenue stream.

article thumbnail

Exploring the Best Free Crowdfunding Sites Online

The Startup Magazine

Lastly, note that using free crowdfunding sites provides an excellent cost-effective solution compared to seed capital or personal loans with high-interest rates. Whether it be medical expenses, education costs, or catastrophe relief funds , GoFundMe serves as an ideal platform for personal or charitable campaigns.

Campaign 148
article thumbnail

Marketing and Growth Lessons for Uncertain Times

ConversionXL

Yet in expansionary periods, successful leaders spent significantly less on [selling, general, and administrative costs] than did their former peers. Greater discipline during boom times offered more flexibility during lean years. A focus on cost cutting—every decision is viewed through a loss-minimization lens. Promotion.

Marketing 121
article thumbnail

The iconic VC-Backed founders are all White & Asian men. So why invest in diversity?

David Teten

BCG (June 2018): “Startups founded and cofounded by women actually performed better over time, generating 10% more in cumulative revenue over a five-year period: $730,000 compared with $662,000.”. ” (I discuss this more in Why are Revenue-Share VCs investing in so many women and underrepresented founders ?) ” .