article thumbnail

What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

There are many times when being overly capitalized before you’re ready is a negative. otherwise I prefer to invest less and risk less). Plus, most early-stage M&A fails so this isn’t likely a good use of capital for a young company). Availability of Capital. We want a strong balance sheet (um, ok.

Startup 383
article thumbnail

Interview with Erik Rannala, MuckerLab

socalTECH

If you're familiar with YCombinator or TechStars, you know that companies also get access to a deep network of top tier mentors and advisors, who help them with a variety of things, such as product marketing, go-to-market, and funding. How much are you investing in the companies who are part of the program?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Career Advancement Principles Of Ownership Thinking

Startup Professionals Musings

Steve Jobs started his technical career creating circuit boards at Atari, before joining Steve Wozniak to build personal computers in his garage. Be willing to invest in effort, before expecting results. Every business owner understands the need for making an investment first, before realizing any return or instant gratification.

article thumbnail

8 Incubators From Around the Country You Might Not Have Heard of Before

Tech.Co

The aim, according to the private college’s press release, is to provide “mentoring, advising and access to resources for up to 15 student- and community-run companies with a philanthropic twist.” Salt Lake City, Utah’s Westminster College debuted it’s Social Impact Incubator on August 30 of this year.

article thumbnail

What Makes an Entrepreneur? Four Letters: JFDI

Both Sides of the Table

I had a picture in the office of my first company with the logo above and the capital letters JFDI. (In I spent nearly a decade building software for large companies and then advising companies on the same. He was stuck on capital raising. This is part of my Startup Advice series. This was such a guy. Analysis Paralysis.

article thumbnail

Some Career Advice for Aspiring Tech CEOs

Both Sides of the Table

For some aspiring to be tech entrepreneurs, I often suggest a two-step process, as I argued in this post that “ The First Startup Founder You Need to Invest in Is You.” ” My friend Ian Sigelow wrote about this last week and advised people not to take on this kind of job.

article thumbnail

For an Entrepreneur, an MBA is not King

Startup Professionals Musings

More importantly, as a parent or mentor, what should you advise young potential entrepreneurs about getting an MBA? Schwab pioneered first the discount brokerage industry and then online investing, capitalizing on the Internet to build the leading online trading company. He even had to overcome dyslexia as a student.