article thumbnail

5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Don’t wait until you are almost out of cash before managing every dollar spent or looking for the next refueling from investors. 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.

Burn Rate 258
article thumbnail

Helping Startups Understand Salespeople & the Sales Culture

Both Sides of the Table

Specifically what is often not in the DNA of founders are sales skills. The result is a lack of knowledge of the process and of sales people themselves. I had never had any sales training so everything we did for the first couple of years was instinctual. I boil it down to this: sales people are sales people.

Sales 382
Insiders

Sign Up for our Newsletter

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

article thumbnail

10 Attributes Of The Perfect Partner For Your Startup

Startup Professionals Musings

Very few entrepreneurs have the range of skills and experience to be the solution creator as well as business creator, or operational as well as sales leader. The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. Neither partner needs to be managed.

Partner 385
article thumbnail

Improving Sales: The Excuse Departement is Closed

Both Sides of the Table

Specifically what is often not in the DNA of founders are sales skills. The result is a lack of knowledge of the process and of sales people themselves. I had never had any sales training so everything we did for the first couple of years was instinctual. I boil it down to this: sales people are sales people.

Sales 316
article thumbnail

How to Drive Sales by Ranking Higher on Google Maps

The Startup Magazine

It helps businesses to be discovered by customers, to stand out from competing businesses, and drive traffic to the store that can be converted into sales. Do not forget to include your main telephone number even if you use call tracking as your primary contact as Google will use it to match with other online information sources.

Sales 153
article thumbnail

Meeting Customer Expectations: Importance, Strategies to Exceed Them, and Management Tips

crowdSPRING Blog

You must continue to learn various strategies to keep matching these expectations. These expectations in turn shape your brand’s customer service to match these demands. Many technological tools exist to help match customer expectations.

article thumbnail

ExhibitMatch.com – Matching Trade Exhibitors With Vendors

YoungUpstarts

If you’ve ever been a trade marketing manager in charge of setting up an exhibition booth for your company in a trade conference or expo, you know the acute pain of trying to source for the right vendors who can build and run your booth at the right price. ” Up to three vendors may respond to each RFP.

Las Vegas 164