article thumbnail

It's time for lean philanthropy: a case study

Startup Lessons Learned

Since then, in about 3 months, we’ve fed over 170,000 people and injected over $1mm into the local economy in San Francisco and Detroit. When a request came in, we used their Flex chat system to manage requests and responses. And on day one of handing out flyers, we managed to feed 50 people at our pilot restaurant!

Lean 128
article thumbnail

20 Entrepreneurs Share Their Business Goals for 2018

Hearpreneur

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. 3- Triple our revenue and grow our base. We have two key goals for 2018: To grow our user base to more than 1 million and triple our revenue. 1- Efficiency. 12- Four goals.

Detroit 92
Insiders

Sign Up for our Newsletter

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

article thumbnail

Trends That May Hit 2021 Apartment Renting Industry

Women Entrepreneurs Can

The growing rental prices and the lack of home affordability, new tech management efficiencies indicate that the property market will be the right choice for the investors. However, cities like Detroit, Chattanooga, Cincinnati, Norfolk, Laredo, or Lincoln saw a rise in the rental price. This includes property managers and landlords.

article thumbnail

10 College Business Incubators We’re Most Excited About

YoungUpstarts

Participants in the incubation program learn valuable lessons in entrepreneurial management, finding financing from incubator companies, modern office space, and fully permitted labs with a wide range of technical equipment and engineering resources.

Incubator 202
article thumbnail

21 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

I started DBC because I found something to be able to work as efficiently as possible, without the corporate hierarchy of managers of managers. I was a veteran in the outdoor advertising industry in chicago and decided to move back to my roots in Detroit and support/build the local economy in the city that made me.

article thumbnail

Stock Market Drops. Then It Rallies. What Happens Next for Funding?

Both Sides of the Table

Companies with less than $2 million in revenue were asking for $50-60 million valuations and getting them. I need leaders who manage in good times and bad.To build a large company you need to manage through economic cycles. When I first got into the industry it was 2007. was still a term being bandied about.

Stock 305
article thumbnail

4 Startup Lessons I Learned From ‘SimCity’

YoungUpstarts

Playing simulation and strategy games like this while growing up taught me a lot about planning and resource management. A successful risk management plan should include a good insurance policy, money in the bank for unexpected costs, and a backup plan in case someone quits or a process fails. Plan for the worst. Without the T.