article thumbnail

Praying to the God of Valuation

Both Sides of the Table

We had nascent revenues, ridiculous cost structures and unrealistic valuations. Between 2006–2008 I sold both companies that I had started and became a VC. I was in it for the love of working with entrepreneurs on business problems and marveling at technology they had built. Until we weren’t. I am having fun again.

Valuation 466
article thumbnail

30 Entrepreneurs Share Their #1 Goal for 2022

Hearpreneur

Often entrepreneurs and business owners create their New Year’s Resolutions around their business. It could be more revenue, hiring clients, or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. Every new year and right after the ball drops, it’s time to go to work.

Insiders

Sign Up for our Newsletter

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

article thumbnail

30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

We asked entrepreneurs and business owners about their best business or entrepreneur turnaround story and here are the responses. #1- The project was a little unexpected – creating customer cereal boxes called Obama-Os and Cap’n McCains, timely for the 2008 elections. Photo Credit: Brian David Crane. 6- Lord Alan Sugar.

article thumbnail

Startup founder salaries: Younger, more inexperienced entrepreneurs pay themselves less

The Next Web

Age (young founders are more likely to be able to pay themselves low salaries), company revenue (not just funding raised) and team size were flagged as potential influences on why a founder may pay him- or herself a particular amount. Startup revenue and founder salary. Serial entrepreneurs vs first-time entrepreneurs.

Salary 152
article thumbnail

Is the Lean Startup Dead?

Steve Blank

Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. It’s the antithesis of the Lean Startup.

Lean 335
article thumbnail

28 Entrepreneurs Explain How They Came Up With Their Business Names

Hearpreneur

Summit CPA is now a company with over $5M in annual revenue and our team is fully distributed throughout the United States. In 2008, while growing my employee benefits business, my mom took a fall at work that required shoulder surgery. And I was right. Thanks to Jody Grunden, Summit CPA Group ! #12- 12- Considered a few factors.

Naming 150
article thumbnail

9 Business Model Components For New Business Funding

Startup Professionals Musings

New entrepreneurs are always looking for a shortcut in getting their venture story and plan across to investors, and closing on the funding they need. An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008.