If you want to build an A-team, stop micromanaging your employees. I hate managing by nagging. It’s usually counter-productive, and it doesn’t contribute to a great team environment. I’ve found through owning my own business and working with others that using scorecards and metrics is a better approach. It allows everyone to understand the organization’s […]
Looking for the next burgeoning startup hubs? Glance on over to the Show-Me State. St. Louis and Kansas City — Missouri’s bookend cities — were both designated by Business Insider as top-10 towns in terms of startup deal growths in 2015. The emergence of the two cities all but confirms one Forbes writer’s recent summation of the U.S. […]
Here’s what an entrepreneur should consider when evaluating a convertible equity financing option. In our work with clients, I’ve seen nearly every variety of fundraising vehicle in use. Lately though, I‘ve been getting more questions from clients about convertible equity. Some wonder whether it might even become a good replacement for convertible debt, which has […]
It’s vital to accurately measure a startup’s progress. Learn some key Startup Metrics to use in this article.
Make sure to ask your accountant these important questions.
What can entrepreneurs do to increase the appeal of their startups for potential acquirers?
If you’re interested in selling your business, here are some things to keep in mind.
The bar for a Series A has gotten higher, but there’s no evidence it’s hurting startups.
Avoiding these common financial mistakes could help save your startup in the future
Imagine that your company is in its very early stages. I’m talking a skeleton crew of staff, minimal sales, and barely any cash. While your focus is on immediate survival and how you can hit your first big hurdles, what else should you be thinking of regarding your finances? Establish a simple accounting system.You don’t […]
If you’re wondering what your marketing budget should be, you’re not alone. This is the million dollar question: How can you be sure you’re spending the right amount of money on the right types of marketing? Many say it’s an art, not a science. Others argue that there is a clear equation that can help […]
Oh, the lies that entrepreneurs tell themselves. Even when all signs point to the contrary, it can be very easy to make up excuses for why your business isn’t succeeding. Here are some of the worst lies that entrepreneurs tell themselves, and the (sometimes) hard truths: 1. The money will come eventually. You think that […]