Startup Professionals Musings

JULY 1, 2020

Every entrepreneur I know finds it a challenge to balance the joys of entrepreneurship against a set of frustrations they never anticipated. The norm for entrepreneurs is to be optimistic on revenue projections, and miserly on funding needs. You need all the positive traction you can get to survive and prosper.

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Startup Professionals Musings

MAY 14, 2023

Desperate entrepreneurs lose their leverage and die young. 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. Buffer your projected resource requirements.

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Burn Rate Hockey Stick Management Salary 258

David Teten

AUGUST 19, 2019

So you’re interested in raising capital from a Revenue-Based Investor VC. A new wave of Revenue-Based Investors (“RBI”) are emerging. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Rational burn profile, up to 50% of revenue at close, scaling down. Bigfoot Capital.

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Revenue Technical Review Software Review Equity 60

Steve Blank

JANUARY 17, 2023

Most are founded and run by experienced entrepreneurs that have previously built companies and who understand the difference between theory and practice. But these look for founders who have a technical or business model insight and a team. But these look for founders who have a technical or business model insight and a team.

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Both Sides of the Table

NOVEMBER 16, 2014

But if you level up , raise capital and grow customers, revenue and staff – life changes. I often worry about founders who have a deep-seated need to be loved because it can lead to bad decisions. In my experience entrepreneurs too worried about being loved make poor decisions and thus poor leaders. What do you do?

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CTO Hire Entrepreneur Technical Review Leadership 385

Feld Thoughts

JULY 20, 2020

I recently was in an email thread where a Black founder had a powerful and clear response to the question from one of her corporate partners. The entrepreneur responded with a long explanation that was a brilliant and extremely helpful perspective for me. ” Maybe we should stop asking “What’s your SAT score?”

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Both Sides of the Table

JANUARY 4, 2014

Nowhere is the politics more difficult than with co-founders, which is why for years I’ve spoken publicly about “ the co-founder mythology.” ” Of course we all go into businesses expecting to be aligned with our co-founders but over time life changes. Equity for the future? We discussed it as a group.

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The Next Web

JANUARY 22, 2014

Our report last week on the salaries that startup founders pay themselves stirred up a lot of discussion here on The Next Web, Hacker News , Twitter and beyond. Startup revenue and founder salary. Startup revenue and founder salary. The closest tie between founder salary and another datapoint was found in revenue.

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Hearpreneur

FEBRUARY 21, 2024

When entrepreneurs silently disengage from their ventures, it can result in missed opportunities for innovation, loss of valuable expertise, and a chilling effect on the entrepreneurial spirit within communities. We asked entrepreneurs, and business owners how quiet quitting affects entrepreneurship. Here are the responses. #1-

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Hearpreneur

FEBRUARY 21, 2024

When entrepreneurs silently disengage from their ventures, it can result in missed opportunities for innovation, loss of valuable expertise, and a chilling effect on the entrepreneurial spirit within communities. We asked entrepreneurs, and business owners how quiet quitting affects entrepreneurship. Here are the responses. #1-

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Startup Professionals Musings

OCTOBER 5, 2014

Desperate entrepreneurs lose their leverage and die young. 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 cashflow personally every day. Buffer your projected resource requirements.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

Startup Professionals Musings

FEBRUARY 14, 2022

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. For example, when you think about distribution channels, revenue streams, or the relationship with the customer, ask customers what they expect.

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Angel Investor Technical Review Incubator Business Model 359

Hearpreneur

OCTOBER 27, 2023

Being an entrepreneur or business owner has its share of ups and downs. While the downs can be pretty low the ups always seem to triumph for a true entrepreneur at heart. Milestones are what entrepreneurs and business owners work towards. Once you finally reach a certain point then reflection can truly begin.

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Startup Professionals Musings

NOVEMBER 1, 2014

In addition to being the startup entrepreneur, there are other key roles where Boomers can be a force in driving successful startups, in concert with leaders from Gen-X and Gen-Y: Early-stage Angel investors. Supportive co-founder and executive positions. boomers entrepreneurs gen-x gen-y startups' Member of the Advisory Board.

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Entrepreneur Advisory Board Dividend Angel Investor 266

VC Cafe

MARCH 1, 2024

Most startups equate the process of fundraising to dating – founders have to typically kiss a lot of frogs until the find the right fit. Digital Wallets – Digital wallets could grow select vertical software platforms’ revenues to $27-$50bn in 2030.

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Artificial Inteligence Technical Review Software Review Generative AI 176

ReadWriteStart

JUNE 1, 2020

I have often been asked about Startup Funding by entrepreneurs. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Pre-Requisites of Funding.

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Startup Professionals Musings

NOVEMBER 28, 2020

The rate of new entrepreneurs increased between 2013 and 2019, from 280 out of 100,000 to 310 out of 100,000 of the adult population. Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever.

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Intellectual Property Startup Angel Groups Social Media 404

Startup Professionals Musings

AUGUST 19, 2020

Desperate entrepreneurs lose their leverage and die young. 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. Buffer your projected resource requirements.

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Burn Rate Hockey Stick Salary Angel Investor 310

NZ Entrepreneur

JANUARY 20, 2022

Sadness for the loss of a bright young New Zealander who had so much going for him, for the terrible loss for Jake’s mother and his whanau and friends, and for the loss of an up and coming innovator and entrepreneur to our business community. It also made me angry.

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Hearpreneur

DECEMBER 14, 2022

Often entrepreneurs and business owners create their New Year’s Resolutions around their businesses. It could be more revenue, hiring clients, or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. It’s a new year and right after the ball drops, it’s time to go to work.

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Startup Professionals Musings

JANUARY 18, 2014

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. For example, when you think about distribution channels, revenue streams, or the relationship with the customer, ask customers what they expect.

Entrepreneur 283

Entrepreneur Startup Angel Investor Technical Review 283

Startup Professionals Musings

JANUARY 18, 2020

In addition to being the startup entrepreneur, there are other key roles where Boomers can be a force in driving successful startups, in concert with leaders from Gen-X and Gen-Y: Early-stage angel investors. Supportive co-founder and executive positions. Member of the Advisory Board. Member of the Advisory Board.

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Advisory Board Startup Dividend Angel Investor 312

YoungUpstarts

JANUARY 10, 2020

by Zain Jaffer, serial entrepreneur and the Founder and CEO of Zain Ventures. When it occurs, the consequences can be swift and devastating, wreaking potential havoc on a once steady stream of revenue. When it occurs, the consequences can be swift and devastating, wreaking potential havoc on a once steady stream of revenue.

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Customer Development Team Review Advisory Board Private Equity 347

The Next Web

SEPTEMBER 22, 2013

But have you ever had the opportunity to pick the brains of founders who created amazingly successful startups and companies like Envato , Backblaze , Simple , or Treehouse ? Few people like talking about their mistakes, but thankfully nine founders took some time to share some of their hard-earned knowledge with you. Find your niche.

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ReadWriteStart

DECEMBER 15, 2022

But I recommend entrepreneurs and prospective business builders consider the Agency Builder model. So an entrepreneur forming a startup studio benefits from having experience in the industry sector they hope to serve. Client work serves as an additional source of revenue to form new startups.

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Hearpreneur

SEPTEMBER 9, 2022

We asked entrepreneurs and business owners about their best business or entrepreneur turnaround story and here are the responses. #1- Airbnb founders Brian Chesky and Joe Gebbia had difficulty securing funding, so they launched a mini project to build some funds and catch investors' attention. Photo Credit: Brian David Crane.

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Startup Professionals Musings

SEPTEMBER 17, 2021

Most aspiring entrepreneurs believe that a great idea alone will assure business success. In fact, I believe modern entrepreneurs need to be super sales people, in the most positive sense, to their team as well as customers. Entrepreneurs set the price of their solution based on their costs, and their perception of value.

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Sales Startup Bootstrapping Technical Review 348

Hearpreneur

AUGUST 11, 2021

Some entrepreneurs will say the future is definitely bright but to others, some of these changes are meant to work against their expansion and business operations. We asked entrepreneurs their thoughts on the future of entrepreneurship and here’s what they had to say; #1- It's like freelancing. Photo Credit: Richard Burner.

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Entrepreneur Technical Review Social Media Bootstrapping 126

YoungUpstarts

JANUARY 11, 2021

by Swapnil Shinde, Co-Founder and CEO of Zeni. Don’t rely on spreadsheets to track revenue and expenses; start using accounting tools as soon as possible. Do you categorize your revenue and costs using departments and classes? Don’t use cash basis accounting; track revenue and costs on an accrual basis.

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Startup Professionals Musings

MARCH 13, 2021

Once you are able to achieve some real “traction” with your business (paying customers, revenue stream), it may seem the time to relax a bit, but in fact this is the point where many founders start to flounder. Most founders form very close relationships with the small team that gets the startup off the ground, and that is important.

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The Startup Magazine

JULY 14, 2022

As part of our Female Founder series , The Startup Magazine caught up with Amy Wilhelmi. Amy is a successful multi-entrepreneur as the founder of Balance Wellness Collective and Ascension Mentality, business & performance coach at Strategic Voyages Business Consultants, and licensed mental health therapist.

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Founder Entrepreneur Balance Sheet Jordan 158

YoungUpstarts

JULY 21, 2019

The founders of Benkheim&Co , an online brand which seeks to change the traditional luxury watch concept, explains how motivated entrepreneurs benefit from globalisation, efficient fulfilment services and new technologies. All these are factors that many founders underestimate, especially in terms of time.

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Cofounder Technical Review Technology Netherlands 113

Hearpreneur

JANUARY 3, 2021

Often entrepreneurs and business owners create their New Year’s Resolutions around their business. It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. 3- Double our revenue. 14- Become a better entrepreneur.

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Entrepreneur Wiki Jordan LLC 153

Startup Professionals Musings

MARCH 23, 2011

Many entrepreneurs I know feel guilty about not quitting their day job when initiating their startup, worrying about not giving their all to an employer, juggling the multiple roles, or even a legal conflict of interest. In a part-time effort, a co-founder is essential to keeping you on-track and working. Set some real milestones.

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Startup Professionals Musings

DECEMBER 11, 2022

After many years of working with angel investors seriously trying to find new ventures worthy of their hard-earned money, I find their frustration often exceeds that of entrepreneurs sincerely looking for financial help. For seed stage funding, entrepreneurs should be looking to friends and family, crowd funding, and relevant institutions.

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Hearpreneur

JULY 13, 2022

Here’s the list of industries with the most optimistic future as suggested by entrepreneurs. #1- Entrepreneurs who can spur innovation and offer solutions to these long-standing problems will have an edge over others and be a part of a fast-growing industry. 1- Network marketing is one such industry. Photo Credit: Hannah Dworkin.

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Artificial Inteligence Technical Review Entrepreneur Software Review 120

Duct Tape Marketing

JULY 2, 2021

Helping And Inspiring Small Business Entrepreneurs All Across America written by John Jantsch read more at Duct Tape Marketing. Zach is the Founder & CEO of The Show Producers, Small Business Expo, eComCon, ShowBiz Expo, and Small Business University. Marketing Podcast with Zach Lezberg. It’s a huge gathering.

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