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Use agile budgeting to manage your cash

David Teten

I encourage entrepreneurs to correct course with a re-forecast early and often. So here’s the solution I have recommended to some of my portfolio companies: “ agile budgeting ”, i.e., monitoring a few key variables while giving managers significant flexibility. Entrepreneur Jeff Magnusson provides a sample agile budgeting workbook.

Agile 60
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DataRails Hires David Rosenberg as New VP of Customer Success

The Startup Magazine

Rosenberg comes fresh from managing the growth of Keyrus, a data consulting company, from 35 to 120 employees. DataRails allows companies to manage their data in Excel, operating as a front end to a cloud database , which makes it far more agile and easier to create accurate models.

Hiring 136
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Ecommerce Trendwatching: How To Find, Follow, and Set Trends

ReadWriteStart

Automation, Chatbots, AR, and AI Reign: the Future is Already Here Read more: 5 Reasons Why AR is the Future of Online Shopping Automation makes business operations flow smoothly without encountering technical difficulties. It also improves employees’ productivity by allowing them to focus on vital business operations.

eCommerce 185
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14 Entrepreneurs Share Their Views on Writing a Business Plan or Not

Hearpreneur

Beyond that, it acts as your business's guiding roadmap, ensuring you stay aligned with your goals as your operations adapt to evolving circumstances. 14- No, as I relied on customer feedback Photo Credit: Michael Mastin I relied on agility and adaptability. Thanks Stephanie Venn Watson, Fatty15 ! #9-

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Top 10 Benefits Of Lean

YoungUpstarts

Lean is a methodology that can be applied to all disciplines of knowledge work to increase business efficiency, agility, and visibility. Research shows that 95% of organizations do not start as Lean organizations – they implement Lean after identifying a need for better agility, visibility, and efficiency.

Lean 124
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Tips to Help you Think About Sales at Your Startup

Both Sides of the Table

when is the right time to hire your first sales employee? how do you forecast? agile sales process? how should a VC do due diligence on sales operations? The video link is here and quick time-coded show notes at the end of the post in case you want to jump ahead to just one section. When & Whom should you hire?

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Is the Lean Startup Dead?

Steve Blank

With fewer than 10 employees but almost $2-billion dollars in the bank, they plan on jumping right in. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. Lean was designed to inform the founders’ vision while they operated frugally at speed. The result?

Lean 335