article thumbnail

5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Hire a professional marketing and public relations agency once you have a good revenue stream but you don’t need them to start a free blog, establish Facebook and Twitter accounts with initial content and complete the basics of search engine optimization. Getting a sales contract before manufacturing inventory.

Burn Rate 258
article thumbnail

5 Ways To Conserve Investor Cash And Ensure Survival

Startup Professionals Musings

Hire a professional marketing and public relations agency once you have a good revenue stream but you don’t need them to start a free blog, establish Facebook and Twitter accounts with initial content and complete the basics of search engine optimization. Getting a sales contract before manufacturing inventory.

Burn Rate 310
Insiders

Sign Up for our Newsletter

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

article thumbnail

5 Keys To Minimizing The Burn Rate For Your Startup

Startup Professionals Musings

Hire a professional marketing and public relations agency once you have a good revenue stream but you don’t need them to start a free blog, establish Facebook and Twitter accounts with initial content and complete the basics of search engine optimization. Getting a sales contract before manufacturing inventory.

Burn Rate 223
article thumbnail

Why Some Startups Win

Steve Blank

His company had marched through customer discovery, learning about the customer problem, validated solutions and was now scaling sales and marketing. But my favorite was when the public relations manager told me, “We’re here to summarize the data sheets and put them in press releases and then answer the phone in case the press calls.”.

Startup 328
article thumbnail

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

The Startup Magazine

The fundamental objective and aim of seed investment is to assist a company in launching its operations successfully. Seed money can range from a relatively modest sum to a sizeable one, depending not only on the nature of the startup, the sector in which it will operate, and any other pertinent business aspects.

article thumbnail

Investors Measure Entrepreneurs By Cashflow Mileage

Startup Professionals Musings

Hire a professional marketing and public relations agency once you have a good revenue stream but you don’t need them to start a free blog, establish Facebook and Twitter accounts with initial content and complete the basics of search engine optimization. Getting a sales contract before manufacturing inventory.

Burn Rate 262
article thumbnail

10 C-Level Positions That Are Red Flags For Funding

Startup Professionals Musings

A few other credible ones would include Chairman of the Board (COB), Chief Operating Officer (COO) and Chief Marketing Officer (CMO). Chief Sales Officer (VP Sales). See this anecdote by Steve Blank on how a hotshot sales executive can sink your startup. The most common ones I see and salute are CEO, CFO, and CTO.

CTO Hire 252