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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. Reserve the same names on the leading social networks and blogs. Make marketing and sales a priority. Start early by registering your company, and reserving the name as your website domain name.

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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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8 Keys To Business Success For Entrepreneur Introverts

Startup Professionals Musings

As an introvert myself, I remember worrying that I could never be comfortable giving a sales pitch, or networking to find clients. Asking someone to be your mentor is not a sign of weakness, and most mentors love to help. Turn existing connections into productive relationships.

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How Boards Need to Evolve Over Time

Both Sides of the Table

I admit that I haven’t yet read it but I’ve had numerous discussions with Brad over the years about board structure & conduct and consider him a mentor on the topic. how much energy to put into channel partners vs. direct sales. how to build an initial sales organization. In the Early Days.

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Here is How to Make Sense of Conflicting Startup Advice

Both Sides of the Table

Everybody has a blog these days and there is much advice to be had. Many startups now go through accelerators and have mentors passing through each day with advice – usually it’s conflicting. On sales I often talk about “ Why Buy Anything, Why Buy Now, Why Buy Me ” as a tool to think about a sales process.

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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 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.