The Startup Magazine

SEPTEMBER 16, 2020

Most startups start with a burst of momentum from the founder, slowly add some customers, and stagnate, before ultimately fizzling out. Inexperienced founders pick a conservative funding target and tend to raise just enough money to reach that goal. High-growth startups, on the other hand, take a much more proactive approach.

Balance Sheet 90

Balance Sheet Startup Audience Retention 90

YoungUpstarts

AUGUST 9, 2018

In the beginning stages of most startups, the founder is the manager, marketer, salesman, among other titles. The balance sheet, income statement and cash flow statement are the most common statements that are prepared from your accounting system. by Krystal Russell, CPA at LYFE Accounting.

CPA 100

CPA Balance Sheet Software Review Finance 100

The Startup Magazine

JULY 14, 2022

As part of our Female Founder series , The Startup Magazine caught up with Amy Wilhelmi. Amy is a successful multi-entrepreneur as the founder of Balance Wellness Collective and Ascension Mentality, business & performance coach at Strategic Voyages Business Consultants, and licensed mental health therapist.

Founder 158

Founder Entrepreneur Balance Sheet Jordan 158

YoungUpstarts

AUGUST 23, 2019

by Caroline Pegden, co-founder of TempaGoGo. Judges may want to see your balance sheet, as this is the most concrete proof of your success, but you simply cannot afford the reputational damage of appearing rough around the edges — especially as some startups may have PR professionals on hand.

Technical Review 127

Technical Review Startup Balance Sheet Early Stage 127

YoungUpstarts

MAY 19, 2016

Whether it’s burn rates, balance sheets, or P&L and cash flow statements, financial documents say a lot about your operations — and you need to be able to speak the language. Ideally, tech startup founders stay on till the very end. Get it all in writing.

Technical Review 109

Technical Review Burn Rate IP Intellectual Property 109

Eric Friedman

DECEMBER 27, 2021

Maybe the founders are the micro VCs we have been waiting for? Funds and people are looking to take a set multiple on SaaS companies and provide liquidity to founders and VCs and run the underlying companies for profit with their own infrastructure. This sort of happened. 6/ I don’t get the vaccine for COVID19 (but want too!).

Balance Sheet 97

Balance Sheet Stock Private Equity Option Pool 97

Board Effect

APRIL 15, 2024

Let’s look beyond numbers on a balance sheet. To be clear, coming to an agreement with a diverse board does take more time, more challenging conversations and potential confrontation. So, how do we gauge our progress?

Ireland 52

Ireland Ohio Government Equity 52

Steve Blank

NOVEMBER 1, 2017

With refrains of “unlock hidden value” and “increase shareholder value,” and powered by over $120 billion in assets , activist investors like Trian look for companies like GE (or Procter and Gamble) that have a share price which is underperforming relative to its peers (or those with large amounts of cash on their balance sheets).

Institutional Investors 233

Institutional Investors Dividend Stock Technical Review 233

Feld Thoughts

SEPTEMBER 2, 2011

The founders each have common shares that will vest over four years. The vesting schedule protects each of the co-founders in case one gets hit by a bus or decides to drop the project after a short period of time. It is not in the three primary financial statements (the Balance Sheet, Profit & Loss, and Cash Flow Statement.)

Cap Table 133

Cap Table CTO Hire Technical Cofounder Cofounder 133

Mike Michalowicz

FEBRUARY 18, 2021

So when Sherri Tafoya, President and Founder of Customs Blinds & Design contacted us raving about the system, we asked her to share her experience and she graciously obliged. We opened my balance sheet together, and Dave said “Sherri, it looks like you are running just ahead of your sales. I have $32,000 saved to pay taxes.

Balance Sheet 98

Balance Sheet Design Founder Omaha 98

The Startup Magazine

SEPTEMBER 10, 2019

There is a myth among first time tech founders that product is everything. Here are five financial concepts that every startup founder should know to build an everlasting company. The basic lesson that founders can learn about asset valuation is that Accounting is past and Finance is future. Asset valuation. venkatarag.

Founder 119

Founder Valuation Dividend Startup 119

David Teten

SEPTEMBER 6, 2015

Previously she was Co-Founder and CEO of SNAZZ, a cloud-based event management platform. Teten: For a large corporate, what are the advantages and disadvantages of a dedicated fund (possibly with external investors) vs. a 100% on-balance sheet investor? Mari has been a serial intrapreneur for a large part of her career.

Venture Capital 60

Venture Capital Balance Sheet Technical Review Portfolio 60

Eric Friedman

JANUARY 1, 2023

Far fetched, but with a balance sheet that is gigantic and the Peloton stock around $38 ($12bln market cap) at the time of this writing, I could see this making a lot of sense. -1: I still want this to happen, but as I love to tell founders Hope isn’t a strategy. 1: Nailed it. 1: Failed it. Didn’t happen.

Balance Sheet 60

Balance Sheet ChatGPT Technical Review Software Review 60

YoungUpstarts

OCTOBER 16, 2016

By Bryan Miles, CEO and co-founder, Miles Advisory Group, Inc. We see balance sheets go from being in the red to finally creeping into the black and, if we’re fortunate enough, beyond our wildest dreams. Bryan Miles is CEO & co-founder of Miles Advisory Group, Inc. Don’t be another statistic, be a success!

Cofounder 100

Cofounder Balance Sheet Small Business Administration Technical Review 100

Eric Friedman

DECEMBER 10, 2022

Far fetched, but with a balance sheet that is gigantic and the Peloton stock around $38 ($12bln market cap) at the time of this writing, I could see this making a lot of sense. -1: I still want this to happen, but as I love to tell founders Hope isn’t a strategy. 1: Nailed it. 1: Failed it. Didn’t happen.

Balance Sheet 60

Balance Sheet ChatGPT Technical Review Software Review 60

YoungUpstarts

JANUARY 21, 2014

For current founders, in our hyper-pressurized worlds of being incubated, accelerated, and constantly switching modes between pitching and executing, how do we successfully navigate the labyrinth to success? Now, how do we become successful founders? It is the assets not listed on balance sheets that can often drive the biggest growth.

Entrepreneur 188

Entrepreneur Startup Balance Sheet Non-Compete 188

Hunter Walker

JANUARY 5, 2014

Because it’s the balance sheet for the most important resource I have: my time. Meeting new founders while collaborating, recruiting, analyzing, doing whatever it takes, to help our current founders build strong companies. Why is my calendar the window into my soul? Doing what excites me and gives energy.

Software Review 102

Software Review Balance Sheet Cofounder Technical Review 102

YoungUpstarts

AUGUST 11, 2020

by Nemanja Zunic, founder and CEO of IdeaBuddy. Balance sheet . ? Nemanja Zunic is the founder and CEO of IdeaBuddy , an innovative business planning and modeling software that helps aspiring entrepreneurs and startup owners to develop their ideas and turn their passion projects into a successful business.

Business Plan 264

Business Plan Balance Sheet Lean Forecast 264

Up and Running

APRIL 2, 2015

The balance sheet has to list all your business assets, liabilities and capital, and the latest balance sheet is the most important. Since it’s all about reducing the risks, banks will often ask newer businesses that depend on the key founders to take out insurance against the deaths of one or more of the founders.

Balance Sheet 60

Balance Sheet SBA Covenant Technical Review 60

crowdSPRING Blog

SEPTEMBER 19, 2014

Inside the Mind of a Technical Founder | OpenView Blog by Larry Kim – crowdspring.co/1u7Fz1b. 5 Signs You’ve Got the Wrong Co-Founder – crowdspring.co/1u17ovZ. 12 Qualities To Look For In A Co-Founder – crowdspring.co/1m97mzy. The Myth of Venture Capital | Re/code by Jon Oringer – crowdspring.co/1tNFeV7.

Social Media 94

Social Media Small Business Design Media 94

ReadWriteStart

JULY 10, 2012

If founders have an accent or aren't comfortable with speaking in front of an audience, they should make sure to get lots of practice. Founders need to be ruthless when trimming slide decks to make them as crisp as possible. Another team didn't understand what a balance sheet was or how they were going to make money.

Software 124

Software Balance Sheet Singapore Architecture 124

Up and Running

NOVEMBER 5, 2018

Inventory purchased after launch will affect cash flow, and the balance sheet; but isn’t considered part of the starting costs. And, in the balance sheet, you can see that the startup projects needing $30,000 in initial cash investment, of which $21,375 is left at the end of the startup period.

Cost 150

Cost Balance Sheet Startup Intellectual Property 150

YoungUpstarts

JUNE 17, 2020

founder of Pack Law. This means: compiling a balance sheet, listing all of your assets, all of your payables (or “liabilities”), including what may become a liability down the road (i.e., by Joseph Pack, Esq., Unprecedented times. Unchartered territory. There’s no crystal ball. So much uncertainty. A new normal.

Bankruptcy 160

Bankruptcy Covenant Florida Balance Sheet 160

YoungUpstarts

JUNE 17, 2013

Here’s a look at what a founder should be able to do: Development. Analyze a balance sheet. Balance the books. Perhaps the better question is – what kind of leader makes the best entrepreneur? Write Code. Build a server. Design a splash page. Assemble an email blast. Develop and track a funnel. Write a novel.

Advisory Board 279

Advisory Board Balance Sheet Term Sheet Entrepreneur 279

YoungUpstarts

DECEMBER 10, 2019

One example at PFSbrands, he says, was the creation of a Financial Literacy Committee that worked to make sure employees were educated about the financial aspects of the company, helping them to understand income statements and balance sheets. This makes everyone more aware of the challenges involved with achieving profitability.

Balance Sheet 142

Balance Sheet America Employee Programming 142

YoungUpstarts

NOVEMBER 16, 2020

by Todd Connor, founder of Bunker Labs. The economic devastation of 2020 speaks for itself: the end of Q2 saw the highest ever recorded drop in GDP, 50 million people out of work, 12% decline in consumer spending and trillions of dollars added to the national balance sheet to try and steady us during this unprecedented time.

Balance Sheet 166

Balance Sheet Cofounder Framework Audience 166

Steve Blank

FEBRUARY 22, 2010

One of the ways our VC’s kept track of our progress was by taking a monthly look at three financial documents: Income Statement, Balance Sheet and Cash Flow Statement. To be clear – Income Statements, Balance Sheets and Cash Flow Statements are really important at two points in your startup.

Balance Sheet 298

Balance Sheet Startup Burn Rate Metrics 298

Both Sides of the Table

APRIL 21, 2020

Biggest Advice I Give to Portfolio Founders? A strong balance sheet will matter in the years ahead. Paying close attention to the psychology of founders. In short, many founders have “naive optimism,” which is to say “they don’t know what they don’t know.” That’s a decision every founder gets to make.

Marketing 263

Marketing Valuation Churn Rate Balance Sheet 263

The Startup Magazine

MAY 31, 2022

As part of our Female Founder series , The Startup Magazine caught up with Claudia Freed, CEO of the Wheaton Illinois-based nonprofit EALgreen. The post Female Founder Interview – Claudia Freed, CEO of Non-Profit EALgreen appeared first on The Startup Magazine. As an immigrant student from Argentina, Ms. TSM: Fantastic!

Founder 124

Founder Argentina Chicago Switzerland 124

Steve Blank

MARCH 31, 2014

Cheered on by finance professors, Wall Street analysts, investors and hedge funds, companies have learned how to make metrics like Internal Rate of Return look great by one; outsourcing everything, two, getting assets off their balance sheet, and three only investing in things that pay off fast. This never ends well.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

ReadWriteStart

NOVEMBER 3, 2011

Then Prashant Singh from Bangalore, India, discussed Statisco Economic Analytics , a risk management technology for managing company balance sheets, interfacing with their ERP systems. Parallel6 is already clocking over $1 million in revenue and is looking to enhance its customer acquisition and also raise some financing.

North Carolina 116

North Carolina San Diego Entrepreneur Balance Sheet 116

Berkonomics

JULY 1, 2021

Here’s one that most small company founders and CEO’s miss until it may be too late. That may seem extreme to many a founder or CEO, but it serves a purpose. We members of the board never saw, (never asked) and the CFO never mentioned the balance sheet and cash position. How about co-strategist? The moral is simple. .

Balance Sheet 62

Balance Sheet Cofounder Cash Position Burn Rate 62

Both Sides of the Table

APRIL 1, 2020

Is there a viable path to raising money / strengthening my balance sheet as one solution? I promise we’ll all get through this some way and there’s always tomorrow, whatever that holds. I have lost friends who didn’t see the light at the end of the tunnel in past economic hardships.

Balance Sheet 215

Balance Sheet Demand Government Employee 215

YoungUpstarts

SEPTEMBER 15, 2020

by Ross Kimbarovsky, founder of crowdSPRING. Ross Kimbarovsky is founder and CEO at crowdspring , where more than 220,000 experienced freelancers help agencies, small businesses, entrepreneurs, and non-profits with high-quality custom logo design, web design, graphic design, product design, and company naming services.

Business Plan 136

Business Plan Balance Sheet Non-Compete Forecast 136

Duct Tape Marketing

JUNE 16, 2020

In this episode of the Duct Tape Marketing Podcast , I interview Spencer Sheinin, the founder and CEO of Shift Financial Insights, providing ridiculously simple accounting and financial insights for businesses on the rise. Would reporting like that, for example, be more useful to a bank instead of always asking for balance sheets?

Balance Sheet 89

Balance Sheet Email Founder Marketing 89

ReadWriteStart

JULY 10, 2012

If founders have an accent or aren't comfortable with speaking in front of an audience, they should make sure to get lots of practice. Founders need to be ruthless when trimming slide decks to make them as crisp as possible. Another team didn't understand what a balance sheet was or how they were going to make money.

Software 60

Software Balance Sheet Startup Singapore 60

Both Sides of the Table

JULY 16, 2010

So super angel and seed funds are proliferating – As a result there has been an explosion in the number of amazing early-stage investors such as Softtech VC , Floodgate , Felicis Ventures , K9 Ventures , OATV , Lowercase Capital , Founder Collective , and many, many more. I’m not anti competition – to the contrary.

LP 311

LP Technical Review Early Stage Silicon Valley 311