During a recent episode of Fashion Is Your Business, with Nora Levinson and Soyoung Park of Caeden, Pavan asked Nora to walk through the process of getting their headphones and/or their bracelet manufactured. Despite advances in manufacturing and companies like Maker’s Row helping businesses with the manufacturing, the process of making physical goods can still […]
Based on my own experience as a startup investor, and feedback from like-minded friends, we all get pitches for at least ten startup ideas for every one new business plan. New business founders need to remember that investors fund business implementations, not ideas. In fact, investors will tell you that ideas are worth nothing, outside the context of […]
This article compares and contrasts the importance of net cash flow versus net profit. It provides a case study to explain what it means to business owners.
The battle lines have been drawn: MillerCoors sued HCL for $100 million after a catastrophic Systems, Applications and Products implementation. A few years back, Oracle and Montclair State University ended up in a two-year legal battle over a $20 million cost overrun for a proposed software implementation. In the annals of enterprise software, these are just a few of […]
Even small businesses have a global reach these days, thanks to the Internet. Thus every entrepreneur and business owner needs to see their market in that context, understanding the global forces that will impact them sooner or later. This impact can be positive, as a huge untapped opportunity, or negative, as a global competitor invades […]
In a milestone achievement in the fight for equal pay, NYC Mayor Bill DeBlasio signed a bill in May that prohibits employers from asking about a prospective employee’s salary history. At a high level, the bill states that relying on salary history to determine an employee’s wage perpetuates the gender wage gap. Over the last six months, more […]
Your founding team is your Fantastic 4. You’ve beat the odds together and your team is on the cusp of reaching your startup dreams. You’ve already been in the trenches together, but now comes the harder part. Sustaining the same level of high growth will be an even greater trial you’ll face together – and this time […]
I know entrepreneurs who have suffered from premature execution often associated with the ready-fire-aim quick-to-market approach. Yet I believe that many more have benefited from this approach, especially in early startup stages. If your product is highly innovative, and speed to market is critical, you won’t get it right the first time anyway, no matter […]
Many companies are caught up in search engine optimization, but this approach belongs in the past. In my 15 years working with SEO, I’ve watched the process evolve from a black hat spam tactic into a nuanced, quality-based marketing strategy —and that evolution has only just begun. New algorithms increasingly account for user behavior metrics, such […]
Mailing lists can be a simple, yet powerful tool to set cadence and keep people up to date on your progress. The advantage of having several mailing lists is that you can share the right kind of information with the right group, and choose the right cadence for each update. 1. List for Mentors Mentors, […]
Financing merger and acquisition activity is much different than funding stand-alone growth with venture capital, as the investors are vastly different.