Remove Operations Remove Sales Remove Seed Money Remove Software Review
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Should Startups Focus on Profitability or Not?

Both Sides of the Table

The most obvious way to explain this is with sales people. If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. Operating Costs. Simplifying: Revenue -. Cost of Goods Sold (COGS) =.

Startup 418
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The Legal Side of Entrepreneurship

YoungUpstarts

Startups need to understand how to manage the seed money they receive from investors and VCs. Startups bear the costs of their financing, from the first seed investment to the sale of Series A stock. Debt also has a due date and interest rate to negotiate. will collect taxes on sales in the U.S. If high U.S.

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6 Tips for Coming Up With Your Million-Dollar Business Idea

Up and Running

In the early 1990s, my brother was working for a company that was going through the roof selling shareware software via catalog. David sold his recording equipment for $50,000 and they borrowed the rest of their seed money from a bank. The company operates on six continents and boasts more than 250,000 graduates worldwide.

Detroit 156
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How to Fund a Startup

www.paulgraham.com

I wassurprised recently when I realized that all the worst problems wefaced in our startup were due not to competitors, but investors.Dealing with competitors was easy by comparison. It wasnt because they werent accredited investors that I didntask my parents for seed money, though.

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From Nothing To Something. How To Get There.

techcrunch.com

This is the first post in what’s going to be a series of blogs on how to go from nothing – no connections, no team, no money and no knowledge of how the startup industry really works – to operating a growing business. I’m taking a 52 week course in how to start up, run, operate, and achieve self employment.