Remove .Net Remove Competition Remove Outsource Development Remove Sales
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Should Startups Focus on Profitability or Not?

Both Sides of the Table

The most obvious way to explain this is with sales people. If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. “COGS” represents the amount that each sale costs you.

Startup 418
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10 Rules of Thumb for Startup Investment Valuation

Startup Professionals Musings

Early customers and contracts in progress add value. Every customer contract and relationship needs to be monetized, even ones still in negotiation. Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. NewCo doesn’t have any of these yet.

Startup 108
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10 Ways to Size Your Company’s Value for Funding

Startup Professionals Musings

Early customers and contracts in progress add value. Every customer contract and relationship needs to be monetized, even ones still in negotiation. Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. NewCo doesn’t have any of these yet.

Funding 98
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Ten Components of Startup Valuation For Investors

Startup Professionals Musings

Early customers and contracts in progress add value. Every customer contract and relationship needs to be monetized, even ones still in negotiation. Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. NewCo doesn’t have any of these yet.

Startup 93
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Startup Children – How To Parent An Entrepreneur (Part III) - Board Games Can Teach Children Negotiating And Risk Taking Skills

InfoChachkie

When you play Monopoly with your children, you can subtly underscore an entrepreneurial mindset in their gameplay which will ultimately help them develop valuable startup skills, as described below. Monopoly is a great training ground to develop rudimentary cash management skills. Hands On Learning. Monopoly is no different.

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Frank Addantes FounderBlog: 3. Virtual Location, Location, Location

Frank Addante

► February (1) Building and Developing an A++ Team ► 2008 (14) ► December (1) Develop a Culture Roadmap ► November (2) Green Week - Save the Environment and Your Cash Creating a Culture of Innovation: Cultural Values. Outsourcing ► April (1) GoogleClick - Who owns your cash register? Startup 3.0:

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Monopoly

InfoChachkie

A number of international versions were developed soon after its initial release, but America has consistently remained the bastion of Monopoly’s popularity. Monopoly is a great training ground to develop cash management skills. Just like in Monopoly, if this contract is broken, the entrepreneur can be thrown in jail.