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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. Sam & Rahul have worked closely together on “innovate & operate” since the earliest days of MakeSpace. Sam’s enthusiasm was infectious and his plans were bold.

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5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

For example, I come from a software background, and back in the early PC days, it could easily cost half a million dollars for a team of professionals to produce a commercial product. Now, with powerful high-level tools and open source software, winning smartphone apps can be built by a good hacker for a few thousand dollars.

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What Do I Do If My Business Runs Out Of Cash?

YoungUpstarts

When is the next payroll due? Purchase of fixed assets like machines, vehicles, real estate, or capitalized software. What are my top 5 expenses as a percentage of sales? Good targets include: Underperforming sales agents. This is done to eliminate administrative complexity, focus sales strategy, and reduce inventory.

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What does a Head of People do? Learning from Ada’s Chelsea MacDonald

Version One Ventures

Over the past few months, we have been running a series of posts where we profile one of the many incredible operators in our network. These operators are generous enough to share their expertise and wisdom, and we are lucky to do deep dives into unique topics. And Sin-Mei Tsai , VP of Engineering at Shippo, discussed code quality.

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Startup identity & the sadness of a successful exit

A Smart Bear: Startups and Marketing for Geeks

No salaries followed by low salaries. ” Almost all startup founders experience a deep and prolonged sadness after selling their company , even when the sale is an outrageous success. Are you OK releasing control in day-to-day operations to managers, and then releasing control of the managers to your executive team?

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Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

This article first appeared on the Harvard Business Review blog. In his Harvard Business Review article summing up his tenure, Immelt recalls that the two things that influenced him most were Marc Andreessen’s 2011 Wall Street Journal article “ Why Software Is Eating the World, ” and Eric Ries’s book The Lean Startup.

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What to look for in a payroll service

NZ Entrepreneur

It includes every employee, from paying and recording their salary or wages to calculating bonuses, benefits, deductions, taxes, and leave. Online payroll software gives you 24/7 access to, and control over, your payroll information, so you can easily update it or share it when you need to, e.g. with your accountant or Inland Revenue (IRD).