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6 Drivers For Aspiring Entrepreneurs To Finish School

Startup Professionals Musings

Take advantage of free startup programs and mentors. Every school recognizes the power of “hands-on” work to help you develop your own ideas into a business. For example, I do business mentoring at nearby Arizona State University and Embry-Riddle Aeronautical University. Write a business plan and pitch deck for learning.

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How VCs Think About Adding New Partners

Both Sides of the Table

Wonderful human being who is civically engaged, mother of 3, mentorer of younger founders, hard worker and arguer extraordinaire (so says her current Twitter bio). She is a coach and mentor to team members. And the contractions always come back. But she also has the temperament, which is important.

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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. Be a miser with contract services and facilities. Getting a sales contract before manufacturing inventory.

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6 Marketing Accelerators For Boosting Business Growth

Startup Professionals Musings

For example, many investors I know tell me they look for business plans that allocate the largest portion of a requested investment to marketing, but most often see the top “ use of funds ” to be further product or service development. Always test the relationship before signing a contract.

Marketing 133
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8 Keys To Building And Nurturing Trusted Connections

Startup Professionals Musings

Many pundits will point to great entrepreneurs, including Steve Jobs at Apple, and Larry Ellison at Oracle, as examples of opinionated and egotistical leaders who succeeded without consideration for relationships. Don’t wait for the right people in business to find you – developers, investors, partners, or key customers.

Oracle 113
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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. Be a miser with contract services and facilities. Getting a sales contract before manufacturing inventory.

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10 Ways Leaders Must Change As The Business Matures

Startup Professionals Musings

Entrepreneurs often have formidable technical expertise, key to developing a new product or service, but a great naïveté in management skills. It means mentoring less experienced team members, and quickly replacing incompetent staff members. You can only lead by example, and set equally high standards for the people around you.

Startup 171