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The Top Nine Challenges Of Growing an Entrepreneurial Business And How To Tackle Them

YoungUpstarts

The 54 companies in the study operated product and service businesses, had been in business on average 9.6 Some of them, such as Eyebobs in Minneapolis, Trilogy Health Services in Kentucky, Defender Direct in Indianapolis, SecureWorks in Atlanta, and Mellace Family Brands in California, were well-known companies. Managing cash flow.

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Eight Ways To Fight Entrepreneurial Fires And Constantly Improve In The Process

YoungUpstarts

I learned this lesson from Dave Lindsey, a successful entrepreneur and founder of Defender Direct in Indianapolis. Marketing plans for advertising to new customers, new service or product initiatives, hiring needed staff, etc. You should also have checklists critical to the operation of your business. all fall by the wayside.

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3 IT Bottlenecks You Can Start Tackling Today

YoungUpstarts

Process bottlenecks can result in stressed employees, wasted time, unhappy clients or customers, and lost revenue due to low-quality outputs. And they often occur at the administrative level—where tasks like scheduling, project management, company communications, and documentation fall. And if it isn’t collected efficiently (i.e.,

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What Fortune 500 Companies Can Learn From The Military’s Top 0.01%: Business Lessons From The Blue Angels  

YoungUpstarts

We were lined up together, four jets on the runway packing 128,000 pounds of thrust, and we carried more horsepower than the entire starting lineup of the Indianapolis 500. On top of it, stack all of the related elements and teams: sales, marketing, operations, HR, and administration.

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Economic Moats: Who Has Them? And How Do You Get One?

ConversionXL

When it comes to low-cost production, examples often focus on manufacturing and supply chain management. It is, Rumelt explains, the management of Walmart stores as a network. The company limits costs through a management and distribution structure that serves multiple stores in a geographic area. High switching costs.

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Investing Outside The Bay Area

Haystack

From an investment point of view, managing and deploying capital in the same physical area makes sense, where investors can work with young companies and help them with a variety of things. Over the past two years, however, I’ve felt that something is out of balance. Global and Local.