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What Should You Do with Your Crappy Little Services Business?

Both Sides of the Table

They feel very confident they can hit $18 – 20 million in 2012. Early in a services business there is usually no profits as the company reinvests in hiring people to grow, but by $20 million in sales the company should at least be pulling in 10% profits (if not more) depending on how much is reinvested. You own the IP you create.

Services 332
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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. You are particularly vulnerable if: You have revenue concentration (few customers each providing a large total of percentage of your revenue).

Startup 383
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TechZulu Presents: The Annual Startup Forecast

Tech Zulu Event

He began his career as a media, entertainment and IP attorney. Custom ad deals and partnerships. Richard Wolpert - Managing Director of Amplify.LA & Venture Advisor at Accel Partners. A pioneer in the fields of technology, consumer digital media and entertainment for more than 25 years. Contact us at sponsor@techzulu.com.

Startup 111