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Finance > Advice Startups

Tag: Startups

Thursday

How to shoot a bullet through your startup

Finance Entry: May 25th 2006 | 2 years 7 months ago
Things not to do. First you blow some $3 million getting the product ready to ship, then fuel the flaming payroll to 20 heads, and finally you expect to burn through another $17 million before you’re at BREAK EVEN. Not a profit, just break even.

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Monday

10 Stupid Mistakes Made by the Newly Self-Employed

Finance Entry: April 10th 2006 | 2 years 8 months ago
Selling to the wrong people. Spending too much or too little money. Assuming a signed contract will be honored. Going against your intuition. Being too formal. Sacrificing your personality quirks. Failing to focus on value creation.