Both Sides of the Table
DECEMBER 27, 2011
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. So your Q1 results will be $180,000 less profitable than if you hadn’t hired them. Hiring more people isn’t always the right answer.
The Startup Magazine
OCTOBER 5, 2020
You should never ignore the opportunity for money off of the things you need to get set up. Moreover, some of these discounted products could be a good source for an ecommerce venture if you think out of the box. If money is your worry, then it’s time to be proactive. Financial Opportunities Soley for Students .
Rob Go
NOVEMBER 15, 2016
5M in ecommerce revenue or marketplace GMV used to be interesting, but now it’s more like $10M. Obviously, the best path is to do both, but that’s not very helpful My advice is typically to keep teams really small after the seed round to prove as much as you can, even if it takes longer. 3 years if needed.
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