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Five Startup Tips From Bill Gates

InfoChachkie

Mark noted that even if an entrepreneur does not become a master developer, by simply understanding the software development process, they will be a more effective startup leader. Frugal Is As Frugal Does. "Instead Note: This is an installment in the Iconic Advice series. Great Startup Ideas Come From Everywhere. "At

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8 Keys To Starting A Venture With Minimal Equity Loss

Startup Professionals Musings

The key to successful bootstrapping is to master the do-it-yourself approach, defer compensation or barter services whenever possible and become a frugal minimalist in all things requiring a cash outlay. It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down.

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8 Ways To Get Your Business Going Without Investors

Startup Professionals Musings

The key to successful bootstrapping is to master the do-it-yourself approach, defer compensation or barter services whenever possible and become a frugal minimalist in all things requiring a cash outlay. It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down.

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Contract Traps Entrepreneurs Should Avoid At All Costs - Sweet Sixteen Kisses of Death

InfoChachkie

Note: This is part I of a three part series. Access part II HERE and part III HERE when they are posted. Agreements with Big Dumb Companies (BDCs) are like DC Comic’s evil villainess, Poison Ivy. Both are seductive and alluring and both are potentially fatal. A startup’s most meaningful agreements are often struck with BDCs. Paul Somerson, Author.

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How to Talk About Valuation When a VC Asks

Both Sides of the Table

So why does a VC ask you? One of the hardest things about the fund-raising process for entrepreneurs is that you’re trying to raise money from people who have “asymmetric information.” VC firms see thousands of deals and have a refined sense of how the market is valuing deals because they get price signals across all of these deals.

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Bank Robber Or ATM Operator – Which Are You?

InfoChachkie

Note: This is Part IV in the Startup Team Building series. Read Part I HERE , Part II HERE and Part III HERE. A Fortune 500 CEO once told me that I was a Bank Robber. Initially, I was offended. However, once he explained what he meant, I was flattered. Entrepreneurs are law-abiding Bank Robbers. The outcome might be jail time (i.e.,

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Ten Rookie Startup Mistakes You Won’t Make

InfoChachkie

Rationale: My idea is so mind-blowingly fantastic, I can sit back and count my money while someone else does all the heavy lifting to make my idea successful. Eleanor Roosevelt – US Diplomat & Wife of President Franklin Roosevelt. During those same 25-years, I also made innumerable mistakes. 3) Attempt To License An Idea.

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