Unlike furloughs and layoffs, where you intend to call back the employees when business circumstances change, a reduction in force or RIF is a permanent removal of posts. Some layoffs and furloughs turn into a RIF if the business doesn’t pick up for an organization again. Why Did Reduction In…
Nothing beats a good origin story! If you’re a Startup Founder or contemplating taking the leap of faith and becoming one, I’ve gathered together some inspirational short stories that will make you smile, laugh and think. Inspirational Short Stories From Founders You Know Daphne Koller – Co-Founder at Coursera The…
What do Sir Richard Branson, Warren Buffet, Jeff Bezos, Gina Rinehart, and Thai Lee have in common? Besides the obvious thing, wealth, they are all well known for exemplifying habits successful people follow. What Are The Main Habits Successful People Follow? I hate to say this, but, that depends! Throughout…
It was Peter Drucker who said, “If you can measure it, you can manage it”. KPIs fall into that category. KPIs – Do The Work Early! The specific metrics that drive any business will differ from startup to startup, and very few first-time founders are likely to understand them from…
Are you a Startup Founder about to raise or already raising external investor capital? You MUST know what business metrics those investors are going to check. The outcome will determine if they invest or not. Be The Queen Or King Of (Your) Business Metrics From Day 1 Don’t wait until…
What is venture leasing and why has it ended up being so attractive to venture capital-backed startups? Venture Leasing Venture leasing is just like regular leasing in the sense that it is a service under which one party provides an asset to another party for a short period of time.…
When the company OpenAI released the latest version of ChatGPT last year, all hell broke loose. What Is ChatGPT And What Can It Do? ChatGPT is a powerful language generation model that can be used for a variety of applications, including chatbots, question-answering systems, and language translation. Importantly, it can…
Need capital for your startup? Right now the fundraising environment is fickle and will remain so for the rest of 2023. So I’m advising my mentees and portfolio companies to be like a camel, not a horse. take capital if it’s available and store it until they need it. Don’t…
Starting a business is a challenging and exciting endeavor. However, it can also be difficult to get off the ground without sufficient funding. The secret lies in finding the right investors for your startup. Who Are The Right Investors For Your Startup? Here are some tips for finding the right…
The power law is a statistical concept that describes the relationship between the frequency of an event occurring and the magnitude of that event. Why It Matters Your job as a Startup wanting to secure capital from a Venture Capital Fund is simple. Using the Power Law, convince them that…