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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. This structure allows for alignment on the front end, and real-time flexibility for performance metrics,” says Samira Salman , a family office investor and advisor. . Founder Earnings” (Founder Salaries + Dividends + Retained Earnings).

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5 Startup Challenges That Derail Many Entrepreneurs

Startup Professionals Musings

As a mentor to entrepreneurs, I tend to see many of the same obstacles appearing in every new startup, and since I don’t want to appear to be a downer , I’m not sure how to properly warn people ahead of time to be on the alert for these challenges. Even the strongest relationships are often tested and broken by the stresses of a new startup.

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An Interview with Author and Lean Startup Conference 2018 Speaker Giff Constable

Startup Lessons Learned

One of the speakers at this year’s Lean Startup Conference , which kicks off on November 14th in Las Vegas, is Giff Constable. He was most recently VP of product at Axial, a fintech startup that connected medium-sized businesses with capital providers and buyers, where he oversaw product management, engineering and design.

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8 Key Ingredients to a Profitable Consulting Business

Startup Professionals Musings

To check your return on marketing investment, you need to define metrics and a formal process to evaluate progress and cost tradeoffs. It pays big dividends to make realistic promises and over-deliver the first time, and then follow-up to check for follow-on opportunities every three months. Don’t forget seminars and events.

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10 Ways To Enlist Trust And Power For True Leadership

Startup Professionals Musings

One of the first harsh realities that every entrepreneur has to learn is that most of the things that are critical to startup success are outside of their direct control. As a new startup, you the entrepreneur are the brand. A debt repaid before it is asked for reaps a huge dividend in trust. Protect your personal brand.

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7 Strategies To Solve Your Business Problems Faster

Startup Professionals Musings

Make sure that you implement a metric with each solution, to prevent the issue from recurring, and check for side effects and follow-on side effects. If you are an aspiring entrepreneur, then adopting these strategies is critical to surviving and thriving in the uncharted world of startups. Put the fun back into your work.

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How Great, Operationally-Focused CFO’s Can Transform Your Business

Both Sides of the Table

You transition from “startup” to real business and it turns out that having an entire team be efficient is more important than that boundless energy but destructive nature of constantly changing direction from the CEO. Great startups have budgets. The full financial details and metrics were in the deck.