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What Makes Employees Productive in a New Startup?

ReadWriteStart

After launching a new startup, you’ll be interested in growing the business as quickly as possible, thus generating more revenue, securing more stability, and improving your reputation as well. You’ll need to think about employee retention. But many of the strategies that boost employee productivity will also boost retention by proxy.

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30 Entrepreneurs Share How They Prepare for a Bad Economy

Hearpreneur

As I've taken the time to invest in companies and programs that can manage various facets of my business on my behalf, I've been able to increase my revenue and provide better financial insulation for my firm to help it withstand the negative effects of a recession. This will keep them sustainable should revenues take a dive.

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9 Steps Proven To Build A Successful Sales Team From Scratch

YoungUpstarts

Generating revenue through sales, especially as start-up capital diminishes, can make or break a company’s success. These should include not only revenue goals but also the sales activity required to achieve the revenue. Implement a structured onboarding program. Fortunately, there is a well-defined formula for success.

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10 Things that 3 Customer-Centric Brands Get Right

ConversionXL

Do what’s best for the customer—even if it doesn’t grow revenue. A few of the features Monzo built, however, go against revenue generation in favor of doing what’s best for customers. It’s not the only example of Monzo serving customers at the expense of potential revenue. Test novel ways of solving the same problem.

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How Startups Can Convince Young Professionals To Join Their Fledgling Sales Team

YoungUpstarts

The majority of college grads consider compensation (salary, benefits, perks) to be a key factor when considering job offers. If high ongoing salaries are a problem, consider a hiring bonus. Retention and Turnover. The second step should be a strong onboarding program. Enticing Rewards. Staff turnover is expensive.

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How To Keep Your Company Alive – Observe, Orient, Decide and Act

Steve Blank

Paycheck Protection program and the Economic Injury Disaster Loan program. Your revenue plans are no longer valid. What’s your monthly cash burn at your new low revenue level? Also see if the the Economic Injury Disaster Loan program applies. Marketing programs spending. How many months of cash do you have?

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Best Money Advice for Non-Profit Organizations During the Pandemic

Women Entrepreneurs Can

Create a financial model with details of salaries, expenditures, and variables. These include virtual events, new programs, and tiered membership. Donor retention is the mainstay of sustainability. Develop Multiple Revenue Streams. You can consider developing multiple revenue streams to weather difficult seasons.