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On Funding?—?Shots on Goal

Both Sides of the Table

When you first start your career as an investor (or when you first start writing angel checks) your main obsession is “getting into great deals.” the sale of the company for $1 billion. You need shots on goal as not every one will go in the back of the net. You’re thinking about one bullet at a time.

Funding 294
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7 Keys To The Best Internet Name For Your New Venture

Startup Professionals Musings

range in the $20 to $40 range for a year registration, but you may be able to find sales on certain extensions for as little as fifty cents per year. As a startup, cost to rename your company and change existing collateral may be less than dealing with unmatched names or premium domain pricing. Certain extensions such as.tv

Startup 136
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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

Startup 383
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Should Startups Focus on Profitability or Not?

Both Sides of the Table

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” The most obvious way to explain this is with sales people. Gross Profit (also called Gross Margin or sometimes “Net Revenue”).

Startup 418
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Should Startups Care About Profitability?

Both Sides of the Table

The most obvious way to explain this is with sales people. If you hire 6 senior 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 6 months. COGS” represents the amount that each sale costs you.

Startup 227
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Get A Domain Name Without Bankrupting Your Startup

Startup Professionals Musings

range in the $20 to $40 range for a year registration, but you can find sales on certain extensions for as little as fifty cents per year. As a startup, cost to rename your company and change existing collateral may be less than dealing with unmatched names or premium domain pricing. Get the agreement in writing as quickly as possible.

Startup 87
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8 Ways To Ensure That Your Website Is Winning For You

Startup Professionals Musings

By far the most effective technique for improving your writing is simply carrying out user readability tests on every piece of content, and really listening to feedback. Test your pricing and packaging options, and tune them regularly. Use Net Promoter Score (NPS) to help you turn visitors into raving fans. Keep sentences short.

SEO 53