Remove Entrepreneur Remove Revenue Remove Sales Remove Seed Money
article thumbnail

Seed Stage Funding 101: What it Is & How it Works

The Startup Magazine

I will tell you brief details about seed stage funding, and deal sourcing on this page, so read the conclusion until the end. What exactly is the seed funding? The initial official fundraising round is called seed funding, and it comes immediately after the pre-seed investment stage. Hence they will miss the finish line.

article thumbnail

Should Startups Focus on Profitability or Not?

Both Sides of the Table

” I mention journalists here because they perpetuate the myth that focusing on profits is ALWAYS the right answer and then I hear many entrepreneurs (and certainly many “normals”) repeating the same mantra. The most obvious way to explain this is with sales people. Simplifying: Revenue -. ” The Details.

Startup 418
Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

In our industry we applaud the efforts for entrepreneurs to have tried and we know that today’s failure can bring the experience for tomorrow’s success. It turns out that to build a successful company you ultimately need this strange thing called “revenue” that people don’t just hand you: You need to earn it.

Startup 150
article thumbnail

Instead of sticking a fork in the venture market, realize. there is no fork

This is going to be BIG.

How else can you explain this headline matching a story about a professional social network still trying to explore revenues raising $17mm on an $80mm valuation? venture capitalists are now asking tougher questions about start-ups' revenue and profits.". Perhaps I need to rethink that. What follows in this story is pretty laughable: ".venture

article thumbnail

Should Startups Care About Profitability?

Both Sides of the Table

The most obvious way to explain this is with sales people. If you hire 6 senior 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 6 months. I often ask entrepreneurs to consider, “What’s your objective?

article thumbnail

6 Ways To Make Your Startup More Attractive To Investors — Even With A Criminal History

YoungUpstarts

If you knew entrepreneur Marquis Hayes 10 years ago, you would barely recognize him today. But he chose to move forward with a positive attitude, raise seed money for his company, and network his way to a profitable future. Start small, generate revenue, and create a profitable business before you approach an investor.

article thumbnail

11 Entrepreneurs Explain Their Major Accomplishments in 2018

Hearpreneur

In the last few days of 2018, we took some time to ask a few entrepreneurs and business what their biggest business accomplishments were. #1- I fully immersed myself in industry conversations, met ecosystem partners, and participated in social media discussions with next-generation entrepreneurs. 9-Increase in my revenue.