Is A Product vs Service Business The Right Choice For You? At the most basic level, a service-based product is one through which you can make money by packaging your skill or knowledge into defined offerings that you sell to one or more target groups of consumers. A product-based business…
There comes a time in the life of any small-business owner when he or she poses the question: Can I use credit in a smarter way without getting my self into too much debt? The basic answer to that is: Yes, by getting a business credit card. The do’s and…
If you want to increase your chance of getting money from an investor, study their due diligence checklist and prepare a due diligence data room properly. If you don’t intend to grow your startup into an 8 or 9-figure company, you can save time. This post is not for you.…
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…
Do You Follow The “Rule of Gold” or “The Golden Rule”…? Put another way, are you a hoarder or a sharer? I have found that business people, well actually all people, fall into one of two groups. Are You A Hoarder? Those who feel, mostly on an instinctual level, that…
I’m 63. I should be retired. Instead, I find myself fighting the system every day so I’m part of the solution. Not part of the problem. The Background The world is at a tipping point. Since the Coronavirus outbreak started and spread globally, life as we knew it ended. Some…