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5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Don’t wait until you are almost out of cash before managing every dollar spent or looking for the next refueling from investors. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day.

Burn Rate 258
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How To Launch A Profitable Custom Software Development Startup

The Startup Magazine

There are several effective steps to launch a profitable custom software development startup. In today’s innovative digital ecosystem, you can establish a powerful software development company, even if you do not have a previous technical background. Hire A Team Of Software Developers. Conduct Market Research.

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Building A Sales Development Function for Early Stage Startups with Sally Duby

Mucker Lab

Sales development is a nuanced blend of art and science, requiring a delicate balance for its effective implementation within a company. Drawing from substantial experience, Sally Duby from The Bridge Group provides valuable insights into the intricate realm of sales development. Sally's wisdom sheds light on this dilemma.

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Tech Industry Hiring In Canada Continues To Grow

YoungUpstarts

Positions for software development and data science continue to expand throughout the industry. This has shown that the state of hiring within the Canadian tech industry in current cities and emerging cities are growing. Hiring for tech jobs in Vancouver is all done online. This generated $16 billion in annual revenues in 2015.

Canada 167
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Build Predictable Startup Models by Forming an Agency

ReadWriteStart

This allows the studio to develop processes, well-organized development teams, and growth plans. Client work serves as an additional source of revenue to form new startups. This outside work provides a valuable source of revenue able to be used to fund operations. There are many different types of startup studios.

Incubator 188
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Building Your Startup’s 2022 Revenue Model

Austin Startup

It’s that time of year when Startup CEOs are building their 2022 Revenue Plan. If they fall behind on their sales recruiting numbers, they understand how that will impact revenue targets two quarters out. 1) Some of your best salespeople will move into management. Good Sales leaders know the “equation of the business.”

Revenue 72
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7 Ethical Fictions Lead Many New Entrepreneurs Astray

Startup Professionals Musings

New entrepreneurs tend to focus only on getting the product right, and assume that the right culture and ethics will come later simply by hiring good people. In fact, they need an early focus on developing their moral compass, as well as setting the right ethical tone. Ethics can’t be managed. The reality is different.