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.…
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…
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…