The Startup Magazine

MARCH 14, 2024

Also, since accounting operations often deal with confidential and financial data, you must incorporate the use of a secure and efficient document management platform. The document management software will of course have remote file management features. Also, Entrepreneur suggests that virtual meetings be no longer than 25 minutes.

Operations 128

Operations Software Review Technical Review Cloud 128

Startup Professionals Musings

OCTOBER 6, 2023

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. That might start with the CEO giving the investor pitch to the whole organization, and distributing the current business plan document to everyone.

Technical Review 296

Technical Review Due Diligence Term Sheet Bankruptcy 296

The Startup Magazine

DECEMBER 21, 2022

Without it, entrepreneurs cannot protect their data and transactions, which is why understanding cryptography and csr certificates are critical. Here are five reasons why entrepreneurs need to understand cryptography, and how to implement cryptography as part of their digital security. Source: Pixabay. Data Security. Fraud Prevention.

Algorithm 134

Algorithm Entrepreneur Security Networking 134

ReadWriteStart

JUNE 1, 2020

I have often been asked about Startup Funding by entrepreneurs. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. The summary is a two-pager document summarizing the overall business plan. Teaser documents are usually used to initiate formal communication with investors. Pre-Requisites of Funding.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

YoungUpstarts

DECEMBER 21, 2020

One such industry entrepreneur, Carlo Parentela, owner of Château Le Jardin Event Venue, a major wedding and event facility in Vaughan, Ontario, has had years of experience to understand how fluctuations in the economy can impact the industry. What advice would you give to aspiring entrepreneurs who want to become self-sufficient?

Entrepreneur 147

Entrepreneur Technical Review Software Review Engineer 147

Startup Professionals Musings

OCTOBER 3, 2016

As a small business and startup advisor, I find that entrepreneurs often love to talk about their latest idea, but not their execution. For example, Elon Musk is recognized as a visionary entrepreneur, but his fortune and his impact has come from the great companies he has built, including SpaceX, Tesla Motors, and PayPal.

Entrepreneur 266

Entrepreneur Technical Review Metrics Restful 266

Startup Professionals Musings

SEPTEMBER 24, 2014

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. Don’t send investors documents and notes that would be rejected by any high-school teacher. Marty Zwilling.

Technical Review 299

Technical Review Entrepreneur Business Plan Angel Investor 299

The Startup Magazine

APRIL 2, 2020

However, what many first-time entrepreneurs fail to realize is that there are limits placed on personal asset protection, and there are circumstances where the court can find that you are personally liable for the debt of your business. Entrepreneurs are only as good as the people advising them.

Software Review 114

Software Review Intellectual Property Limited Liability Company IP 114

Startup Professionals Musings

JANUARY 24, 2021

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. That might start with the CEO giving the investor pitch to the whole organization, and distributing the current business plan document to everyone.

Technical Review 379

Technical Review Due Diligence Term Sheet Bankruptcy 379

Startup Professionals Musings

DECEMBER 18, 2022

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. Don’t send investors documents and notes that would be rejected by any high-school teacher.

Business Plan 273

Business Plan Technical Review Angel Investor Social Media 273

Hearpreneur

JANUARY 2, 2022

In the last few days of 2021, we took some time to ask a few entrepreneurs and businesses what their biggest business accomplishments were. #1- Our membership network of thousands of small business owners and entrepreneurs across hundreds of local chapters nationwide feel like they belong to an entire community now. 26- Grew my team.

Entrepreneur 124

Entrepreneur Jordan Employee Revenue 124

Startup Professionals Musings

JANUARY 16, 2013

Great entrepreneurs, like Bill Gates, are great at both. For entrepreneurs, effective networking is required to find investors, partners, and customers. Serious investors expect founders to have their homework done before the first interaction – documented executive summary, business plan, and financial model. Time management.

Entrepreneur 275

Entrepreneur Technical Review Software Review Retention 275

Startup Professionals Musings

FEBRUARY 6, 2021

I see entrepreneurs every day who are trying to change the world with a new idea, and startups that are trying to survive their hyper-growth phase by changing processes to meet demand. Here are ten of the key questions that apply equally well to the world of startups and entrepreneurs, as they do to large organizations.

Metrics 387

Metrics Technical Review Leadership Framework 387

Startup Professionals Musings

SEPTEMBER 12, 2021

As a startup mentor and investor, I am approached regularly by aspiring entrepreneurs who assert that business plans take too much time, are inaccurate, and rarely add value. The size of the document should be based on your style, but 10-20 pages or slides are usually more than adequate to outline even a complex business.

Business Plan 316

Business Plan Technical Review Angel Investor Due Diligence 316

Hearpreneur

JANUARY 25, 2023

We asked entrepreneurs and business owners about the companies they’re starting in 2023 and here are the responses. #1- This presents a great opportunity for entrepreneurs to launch their own businesses and capitalize on the latest technology. Thanks to Michelle Wintersteen, MKW Creative Co. ! #3- Thanks to Nick Allen, SportsLingo ! #19-

Software Review 114

Software Review Technical Review Artificial Inteligence Entrepreneur 114

Startup Professionals Musings

MARCH 21, 2021

Great entrepreneurs, like Bill Gates, are great at both. For entrepreneurs, effective networking is required to find investors, partners, and customers. Serious investors expect founders to have their homework done before the first interaction – documented executive summary, business plan, and financial model. Time management.

Technical Review 333

Technical Review Startup Software Review Retention 333

Startup Professionals Musings

JUNE 14, 2013

On a regular basis, I am approached by entrepreneurs who assert that business plans are a waste of time. They cite sources like a recent BusinessWeek story, “ Real Entrepreneurs Don’t Write Business Plans ” and this NY Times article. You need an investor, and want a document to mass-mail to everyone.

Business Plan 250

Business Plan Technical Review Entrepreneur Angel Investor 250

Hearpreneur

JULY 13, 2022

Here’s the list of industries with the most optimistic future as suggested by entrepreneurs. #1- Entrepreneurs who can spur innovation and offer solutions to these long-standing problems will have an edge over others and be a part of a fast-growing industry. 1- Network marketing is one such industry. Photo Credit: Hannah Dworkin.

Artificial Inteligence 120

Artificial Inteligence Technical Review Entrepreneur Software Review 120

Startup Professionals Musings

SEPTEMBER 30, 2013

I hear a lot of entrepreneurs contemplating their great “idea” for several years with little discernable progress, and looking for money to start. Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. milestones entrepreneur startup funding business'

Intellectual Property 281

Intellectual Property Entrepreneur Sweat Equity CTO Hire 281

Startup Professionals Musings

MAY 1, 2023

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a cofounder or two. You need to find the skills or experience you don’t have in business, technology, or money. So, the first question I usually get is what percent of the company or equity is that person worth?

Technical Cofounder 247

Technical Cofounder Equity Distribution Cofounder 247

YoungUpstarts

JUNE 16, 2016

Teleconferencing is vital to any entrepreneur working with clients remotely, managing freelancers, coordinating a global workforce or sourcing international suppliers/distributors. Google Docs have clearly changed the game for word processing documents, spreadsheets, and slides. For Communication – Conferencecalling.com.

Software Review 100

Software Review Product Entrepreneur Technical Review 100

The Startup Magazine

NOVEMBER 13, 2020

In addition to these common outlays, there are several hidden startup costs that entrepreneurs tend to overlook or never know existed. From fees to permits to licenses and beyond, your company requires specific documentation to legally do business. Letting them slip past is guaranteed to drain your bottom line.

Cost 109

Cost Entrepreneur Software Review Salary 109

Startup Professionals Musings

MAY 6, 2013

If anyone in business ever needed mental toughness, it’s an entrepreneur. Dr. Jason Selk, in his book “ Executive Toughness ,” talks about mental toughness with analogies between sports and business, but he never takes it all the way to entrepreneurs, where I believe it can have the most impact. A startup is not a parlor game.

Elevator Pitch 303

Elevator Pitch Entrepreneur Matching Leadership 303

Startup Professionals Musings

SEPTEMBER 8, 2021

As a long-time business advisor, and an investor in startups along the way, I’m always on the lookout for an entrepreneur who is responding first to a problem in the marketplace , rather than bringing a new technology to the market, assuming it will find a problem to solve. Finally, make a timely decision and build an implementation plan.

Social Media 330

Social Media Entrepreneur Revenue Internet 330

YoungUpstarts

SEPTEMBER 14, 2020

The “end” in legal organizations, is a document of some kind. Documents are their widget, the thing legal teams build. Finding information that is relevant to creating a document is helpful. Actually producing that document, though, is far more helpful. It is merely a means to an end. Pretty cool stuff.

Technical Review 246

Technical Review Connecticut Algorithm Warrant 246

Startup Professionals Musings

NOVEMBER 28, 2020

The rate of new entrepreneurs increased between 2013 and 2019, from 280 out of 100,000 to 310 out of 100,000 of the adult population. Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

Hearpreneur

FEBRUARY 24, 2023

Here are the various ways entrepreneurs and business owners stay motivated in business. #1- 3- By following a healthy routine Photo Credit: Jordon Scrinko Being an entrepreneur is a tough and exhausting job with almost 20 hours a day full of stress, excursion, meetings, handling, and guiding the employees.

Entrepreneur 100

Entrepreneur Social Media Tennessee Networking 100

Startup Professionals Musings

AUGUST 1, 2021

The best part of being an entrepreneur is having the independence to make your own decisions, the flexibility for a better work/life balance, and personal satisfaction from driving change. The road to business success is filled with challenges and frustrations that most aspiring entrepreneurs never even imagined.

Entrepreneur 436

Entrepreneur Venture Capital Operations Social Media 436

Startup Professionals Musings

MARCH 29, 2012

If anyone in business ever needed mental toughness, it’s an entrepreneur. Dr. Jason Selk, in his most recent book “ Executive Toughness ,” talks about mental toughness with analogies between sports and business, but he never takes it all the way to entrepreneurs, where I believe it can have the most impact. Marty Zwilling.

Entrepreneur 286

Entrepreneur Elevator Pitch Matching Leadership 286

Startup Professionals Musings

FEBRUARY 5, 2023

According to most definitions, an entrepreneur is one who envisions a new and different business, meaning one that is not a copy of an existing business model. Many entrepreneurs have a passion and an idea, or even invent a new product, but are never able to execute to the point of creating a startup. Startup and development stage.

Matching 270

Matching Entrepreneur Startup Seed Stage 270

Startup Professionals Musings

APRIL 18, 2021

This is the last step of the process, where surprises in the evaluation of the management team, documentation, and personnel problems can derail the investment. Some startups do nothing to prepare for the due diligence process, assuming the people and business plan documents will speak for themselves. Personnel situation is stable.

Technical Review 380

Technical Review Due Diligence Term Sheet Angel Investor 380

Startup Professionals Musings

MARCH 21, 2020

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. Don’t send investors documents and notes that would be rejected by any high-school teacher.

Technical Review 310

Technical Review Angel Investor Business Plan Social Media 310

Startup Professionals Musings

MARCH 13, 2021

Many years ago, John Hamm published some definitive work on this subject in " Why Entrepreneurs Don't Scale " in the Harvard Business Review. This is generally a required quality for a successful entrepreneur, but it can turn into an unhealthy stubbornness during the scaling stage. Trusting your gut at this stage isn’t good enough.

Entrepreneur 422

Entrepreneur Early Stage Founder Revenue 422

Startup Professionals Musings

JULY 9, 2021

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. For aspiring entrepreneurs, or if your last startup failed, it’s all about standing out above the crowd of others like you, and demonstrating your readiness.

Elevator Pitch 390

Elevator Pitch Entrepreneur Due Diligence Angel Investor 390

Startup Professionals Musings

JUNE 7, 2020

I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but using no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business. Managing to specific goals, priorities, and a plan. Preparation and management of funding.

Entrepreneur 328

Entrepreneur Exit Strategy Metrics Operations 328

Hearpreneur

NOVEMBER 8, 2020

We asked entrepreneurs and business owners how technology will possibly affect their business tomorrow and here are the responses: #1- Makes growing a community easier. I used to wait for days for an important business document to arrive. I think as an entrepreneur, it becomes your second nature to overcome challenges.

Technical Review 78

Technical Review Technology Entrepreneur Artificial Inteligence 78

The Startup Magazine

FEBRUARY 17, 2022

One way to pull away from the admin of independent contractor taxes, besides hiring an accountant, is by organizing your tax documents, deductions, and Profit and Loss statement month to month. The first step to getting organized is simple: figure out where all your tax documents go. Review Your Documents and Keep Them.

Software Review 142

Software Review Due Diligence Matching Security 142