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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. It’s what separates the true entrepreneurs from the wannabes. Commit to a major customer.

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What Entrepreneurs Should Ask Themselves Before Using AI Tools to Start a Business

The Startup Magazine

From identifying your audience to understanding the market and mapping out your finances, entrepreneurs have found they have a lot to do before building a successful venture. But luckily, gone are the days when entrepreneurs have to spend countless hours on these beginning steps.

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Praying to the God of Valuation

Both Sides of the Table

There were startups and a software industry but barely. We had nascent revenues, ridiculous cost structures and unrealistic valuations. I was in it for the love of working with entrepreneurs on business problems and marveling at technology they had built. There was no money train. It was 1991. We still loved every moment.

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7 Keys To Making Many Millions In A Business You Love

Startup Professionals Musings

Many aspiring entrepreneurs are looking to the Internet as an opportunity to get rich quick, instead of a place where you can start a business you love, for very little capital and minimal technical expertise. Take advantage of software tools to automate routine business functions, like taking and delivering orders.

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Build Predictable Startup Models by Forming an Agency

ReadWriteStart

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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5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

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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10 Entrepreneur Alternatives To Investor Funding

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. It’s what separates the true entrepreneurs from the wannabes. Commit to a major customer.