Sun.Sep 02, 2018

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Growing A Services Business Requires Selling Yourself

Startup Professionals Musings

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business.

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What Do Successful Entrepreneurs Do When They Hit Rock Bottom?

YoungUpstarts

In corporate circles, most professionals pursue a fairly linear climb to the top of their field. It may take years or decades to reach the “summit,” but there aren’t usually a series of career-altering setbacks. The same cannot be so certainly stated for entrepreneurs, who may have to hit bottom several times before achieving sustained success. But it’s not about how far you fall; it’s about how you recover and push forward again.

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Rolling Closes Versus Synchronous Closes

Haystack

Earlier this week, in the wake of Y Combinator’s Demo Day, I saw a tweet go viral and generate lots of chatter. The tweet was written by YC’s President, Michael Seibel. I’ve never met Seibel (yet) though, of course, have heard amazing things about him from everyone I know and admired his style from afar. His tweet reads: New weak investor move.

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Three Ways Your Labels Can Make You More Sales

YoungUpstarts

by Jared Powell, Principal at Frontier Label. Starting a company and venturing into entrepreneurship is an exciting time. Everyone wants their ideas to be appreciated and to turn a profit, but oftentimes you hear, “It takes money to make money.” This doesn’t have to be the case as there are many options to invest a little money with the possibility of a larger payout.

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Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

Every startup and innovation project exists within an ecosystem that either helps or hurts that project. As innovation managers, we need to keep a pulse of that ecosystem and make sure we're helping those innovation projects we're managing every step of the way. In this webinar, Nick Noreña will walk through an Innovation Ecosystem Model that he and his team at Kromatic have developed to help investors, heads of product, teachers, and executives understand how they can best support innovation in

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Learning From Bankruptcy: Two Key Insights For Business

YoungUpstarts

Most people think that going bankrupt is the worst possible thing that can happen to a business… and that’s nearly true. In reality, though, the worst thing is to go into bankruptcy and not learn anything from the experience. Though bankruptcy can seem catastrophic when it happens, it also gives you the opportunity to try again; this time with 20/20 hindsight.

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What Are Payday Loans

YoungUpstarts

Payday loans, also known as short-term loans or small dollar, are unsecured debts and are defined as a reasonably small amount of money along with a high rate of interest lent to a borrower which is to be returned under a time period of 45 days or typically before the borrower receives their next pay. Advantages of payday loans. Money received at glance: as soon as you are approved for the loan the cash is readily made available to you and can be withdrawn from your bank account at any moment.

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