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5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day. Waiting until you have something to sell before bringing on a sales and operations staff. Social media is not rocket science.

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Mentor Secrets for Keeping Your Startup Alive

Startup Professionals Musings

Every startup mentor has his favorite list of basic strategies to avoid pitfalls, and I’m no exception. Barter services and use equity to get things done for minimum cash. Reserve the same names on the leading social networks and blogs. Make marketing and sales a priority. Create intellectual property.

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5 Ways To Conserve Investor Cash And Ensure Survival

Startup Professionals Musings

As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day. Waiting until you have something to sell before bringing on a sales and operations staff. Social media is not rocket science.

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One Man’s Signal is Another Man’s Noise

Both Sides of the Table

It’s apropos because there is so much noise these days with email, Twitter, Facebook, blogs, web shows, etc. I was thinking back to a few previous “insider baseball&# blog debates that raged for several weeks: AngelGate (aka Bin38 secret cabal), convertible debt vs. equity, bubble vs. not, and now the AngelList discussion.

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5 Keys To Minimizing The Burn Rate For Your Startup

Startup Professionals Musings

As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day. Waiting until you have something to sell before bringing on a sales and operations staff. Social media is not rocket science.

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5 Steps To Maximizing Your Startup Cash Flow Runway

Startup Professionals Musings

As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day. Waiting until you have something to sell before bringing on a sales and operations staff. Social media is not rocket science.

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Financing a Start-Up

Tech Coast Venture Network

Often, this also involves a HELOC (Home Equity Line of Credit) if you’re a home owner with equity. Once you have some skin in the game, if you personally can’t get to some level of revenues in the business, or at a minimum, pre-sales or letters of intent, then on to round two – asking family and friends for help.

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