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Faster is sometimes more valuable than better.   

Berkonomics

And doing both well usually wins the day. This is one of those arguable insights, where both sides win. Dell is a great example of emphasis upon fast, creating a customized computer in 48 hours or less, bringing in assemblies and components just-in-time to make the assembly line. However, if Dell quality were poor and returns high, the company surely would not have survived on speed of response alone.

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Hackfrontier: Borderless Builders – Recap, Photos, and Video

Startup San Diego

Over 100+ builders came together for a 16 hour hackathon to solve industry challenges, connect with the San Diego-Baja developer community, and use some of our technical partners’ latest tech. […] The post Hackfrontier: Borderless Builders – Recap, Photos, and Video appeared first on Startup San Diego.

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What if your business runs out of money?   

Berkonomics

Money in the bank is like oil in the car. Certainly, you have many ways you are pulled every day, both tactical and strategic. But when money is the issue, your time, energy and focus are drained from other important areas of your life or business. Running out of money is not always synonymous with going broke. Many great businesses in their growth periods find themselves stretched for cash.

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Has the Year of 2025 Been a Good One for Concrete Contractors So Far?

AllTopStartups

We are rapidly approaching the halfway point of the year, and in many industries, that is a good time to stop and assess. It is vital to ask not only… The post Has the Year of 2025 Been a Good One for Concrete Contractors So Far? appeared first on AllTopStartups.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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Framework Benchmarks Round 23

TechEmpower

As the Director for Open Source Solutions at TechEmpower, I am excited to share the latest results from our Framework Benchmark suite. This round marks significant improvements overall, as our sponsor Microsoft has generously provided new hardware that is making jaw-dropping performance improvements. New Hardware and Upgrades Our new setup includes updated servers and network hardware: ProLiant DL360 Gen10 Plus servers Intel Xeon Gold 6330 CPU @ 2.00GHz (56 cores) 64GB of memory Mellanox Technol

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Small Business Grants You Can Apply For in March 2025

Tech.Co

If your business requires a cash injection, but you don’t want to risk falling into debt cycles from private loans , it might be time to consider business grants. By providing crucial funding for specific projects, and giving your business much-needed visibility, grants can be a great way to take your venture to the next level. It only takes a couple of minutes to apply to most opportunities too, allowing you to throw your hat in the ring without investing heaps of time and energy.

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Key Takeaways from The FirstWave Innovator Workshop: Recap, Photos & Video

Startup San Diego

We recently hosted an insightful FirstWave Innovator Workshop at C3bank focused on alternative financing for founders. This panel brought together three financing experts to discuss non-traditional funding solutions that help […] The post Key Takeaways from The FirstWave Innovator Workshop: Recap, Photos & Video appeared first on Startup San Diego.

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Cash Home Buyers in Los Angeles: How They Work

AllTopStartups

You want to sell your Los Angeles home fast. Cash home buyers offer a direct, no-frills approach that gets you moving quicklyno endless listings or showings. They present offers, pay… The post Cash Home Buyers in Los Angeles: How They Work appeared first on AllTopStartups.

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Are YOU the bottleneck in your business?

Berkonomics

Every business has bottlenecks At many board meetings, I can be counted upon to ask , “Where’s the bottleneck this month?” Senior management is usually prepared with an answer, and a good discussion of resource availability and application follows. Sometimes, the bottleneck is not so visible to the CEO. In those instances, I follow with: “Do you notice people waiting at your door, telling you that they were waiting for your response or decision, even if you were unaware of this?

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What’s your business “end game?” 

Berkonomics

Ever think about growing your business with the plan to sell it someday, cashing in on your hard-earned work over the years? Or if you’re an employee with stock options, are you aware of the increases in value you can make with your efforts? Then again, you may be an architect or doctor or other professional managing your business, knowing that the end game value of your client or patient list is small and not easily transferred to any buyer without attrition.

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Bet the farm only when the crops are on fire!

Berkonomics

How much risk you and your company are willing and able to tolerate over time? Most people believe that early stage companies should take risks aggressively because there is less to lose and much more to gain with each risky bet or decision. Common thinking goes on to address large, public corporations by expressing that the relative tolerance to risk is decreased, in favor of protecting the brand or financial health of the enterprise.

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Entrepreneurs: Employment law is not on your side!  

Berkonomics

A punch in the gut Small companies most often scrape by with borrowed or invested funds, doing everything possible to grow and prosper with limited resources. So, it is like a punch in the gut when an employee makes a claim against the company for a perceived or actual violation of a law or regulation. Or when a former employee strikes out with a suit claiming discrimination for one of a thousand causes.

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Last Fridays – All About Accelerators with Ryan Kuder – Recap, Photos, & Video

Startup San Diego

Last Friday’s StartupSD session was a goldmine of practical advice, thanks to Ryan Kuder dropping some serious knowledge about the funding world. This guy knows his stuff—he’s the former managing […] The post Last Fridays – All About Accelerators with Ryan Kuder – Recap, Photos, & Video appeared first on Startup San Diego.

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5 Reasons to Join Hackfrontier: Borderless Builders on July 9 – 10

Startup San Diego

Hackfrontier brings together the brightest developers, designers, and innovators from across Southern California for 16 hours of intensive collaboration and creation.

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Featured Startup Ecosystem Resources for 1st Mondays in August!

Startup San Diego

With 1st Mondays – Summer Social and Startup Ecosystem Showcase at Kiln just four weeks, we’re excited to announce the first round of lightning talks that will be showcasing and […] The post Featured Startup Ecosystem Resources for 1st Mondays in August! appeared first on Startup San Diego.

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We’re Excited to Announce the New Startup San Diego Membership Portal!

Startup San Diego

Now there’s an easier way to stay connected, informed, and involved in San Diego’s growing startup ecosystem. The Startup San Diego Membership Portal is your personalized hub to access exclusive […] The post We’re Excited to Announce the New Startup San Diego Membership Portal! appeared first on Startup San Diego.

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Announcing Panelists for the FirstWave Innovator Workshop: Alternative Financing Solutions for Founders

Startup San Diego

​We’re excited to announce the featured panelists who will be joining us for the FirstWave Innovator Workshop: Alternative Financing Solutions for Founders, presented by C3bank happening Wednesday June 25th! Learn […] The post Announcing Panelists for the FirstWave Innovator Workshop: Alternative Financing Solutions for Founders appeared first on Startup San Diego.

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Last Fridays Lunch & Learn – Recap, Video, and Photos – April 2025

Startup San Diego

We had an incredible time at our Last Fridays Co-Working Day and Lunch & Learn at Downtown Works Mission Valley. Marketing expert Kendra Pennington, who has been helping businesses find […] The post Last Fridays Lunch & Learn – Recap, Video, and Photos – April 2025 appeared first on Startup San Diego.

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April 2025 1st Mondays – Recap, Video, and Photos

Startup San Diego

April marks Earth Month and also the start of our quarterly 1st Mondays – Networking and Expert Panel events. For this 1st Mondays we focused on all things cleantech and […] The post April 2025 1st Mondays – Recap, Video, and Photos appeared first on Startup San Diego.

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Meet the Exhibitors for the Upcoming 1st Mondays – April 2025

Startup San Diego

1st Mondays is a quarterly event that brings over 250+ startup community members together for a night of networking, connections, community building, and innovation. Were excited to introduce seven San […] The post Meet the Exhibitors for the Upcoming 1st Mondays – April 2025 appeared first on Startup San Diego.

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Announcing the 1st Mondays Featured Panelists & Speakers April 2025

Startup San Diego

Were excited to announce the featured speakers and panelists joining us for the upcoming 1st Mondays – Networking and Expert Panel presented by San Diego Community Power, happening April 7th […] The post Announcing the 1st Mondays Featured Panelists & Speakers April 2025 appeared first on Startup San Diego.

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StartupSD FirstWave Innovator HackNight presented by Neo4j Recap

Startup San Diego

On February 19th, 2025 our developer and startup community came together for the first edition of the FirstWave Innovator HackNight, presented by Neo4j. This event welcomed over 250+ attendees at […] The post StartupSD FirstWave Innovator HackNight presented by Neo4j Recap appeared first on Startup San Diego.

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Have you made the mistake of hiring too soon?   

Berkonomics

Well, you may not be alone. Many executives and managers have made the mistake of using the financial and sales forecast to plan and execute hiring of new employees – so that they could be trained and up to speed when the demand arrives. The balance between preparedness and cost Although hiring early does add to overhead by bringing employees aboard before they become economic contributors to the bottom line, there is much to be said about consistent or improved service quality by having t

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How could your growth call for more cash?  

Berkonomics

It sure is not intuitive. Here we must do a little math calculation together to make a point. Even if your business collects a full years revenue up front, you are still going to get hit with this. Heres the math and a wake-up call: Assume that your gross margin from sales is 50% for ease in calculation. Assume 30 days to collect receivables from completed work, and 30 days to complete the work.

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You are watched, mostly when decisions are tough!

Berkonomics

If you have been in management or an entrepreneur long enough, you will have experienced the gray area of decision-making where ethics, the law, your needs and expediency all collide. This is the time when you are paid the big bucks, and when others aware of your plight will be watching most carefully. It is also the time when you demonstrate your true courage to your contemporaries.

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Overwhelmed with email and paper?   

Berkonomics

We all experience it to our own detriment. So, lets make a pact that we will try, if not succeed, to handle our incoming messages more efficiently. Personal time management helps immensely to make a better manager of you and me. All of us have time management tips and tricks to help us get through the day. I have a mantra I try to live by, and it has helped me more than you know over the years.

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Can you stop a talented employee from leaving for a new career?

Berkonomics

Wed all like to retain our best managers and employees forever or at least for as long as possible. But sometimes our corporate wants and needs conflict with what is best for an employee and their career development. We cannot legally stand in the way of an employee resigning to pursue a dream, but we can leave a bad taste with that person and chip away at our corporate culture by not cooperating or even helping the employee move on.

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You are your company’s moral compass!

Berkonomics

Heres yet another story that you may identify with or have yet to experience in your business life. Its one of those that define your leadership for all to see, sometimes based upon decisions made in the moment such as this one. A story of a CEOs snap judgement call Years ago, when I was CEO of my record manufacturing company in Hollywood, I happened to walk around the plant into the press room just as Bobby, one of the employees favorite coworkers, was offering stolen merchandise to his fello

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STOP and celebrate each victory!

Berkonomics

Here comes another story. Of course. This one may be like one or more you have experienced in your company. It is a story about focus upon the customer, first. And about reinforcing the culture of the company in support of that important focus by senior management, and by all employees who see that leadership in action Some examples of celebration you can use Growing companies give rise to many events that great managers will take advantage of to create and shape the culture of the company itsel

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Here’s a simple corporate directive:     

Berkonomics

Consider these three letters as something to teach your management team and internalize yourself. Here they are: A. Accumulate or acquire (product line, breadth of services) M. Marketing or merchandising (expert and diligent use of resources) D. Distribution (adding channels and reinforcing relationships) First, let me credit one of my CEOs of a company where I was chairman, Erik Hovanec for this one, whether he originated it or recast it from his past.

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Here’s a rule for companies with outstanding loans:   

Berkonomics

Here is one that is so important to the continued health of a growing company that it cannot be overstated. Its a bit complex for novices. But hang in there as I explain a bit about accounting classification of assets and liabilities. Differences between types of assets and liabilities First, lets be sure we know what is short in term and what is long in term.

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Demand pull – cost push.  An important econ lesson for you!

Berkonomics

Place your cash bets behind proven demand! The term, demand pull cost push was created by the great economist, John Maynard Keynes, to describe the two primary drivers of economic inflation. Demand pull : too much demand for a product or service and not enough supply cause competition for the product that drives prices higher without increasing the intrinsic value of the product.

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How never to run out of cash!   

Berkonomics

The four basic dials to turn: There are four basic ways to increase the cash position of a company: 1) inject cash through borrowing or investment, 2) decrease spending or payments on debt, (3) increase efficiency of operations, and 4) increase revenues or advance payments from customers. with one warning: Even before examining the tactics of cash flow management, weve got to acknowledge that you never, ever should slip on payment of payroll taxes.

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A worker compensation policy is not optional.  

Berkonomics

Is it the law of most states? This is one that early-stage CEOs are almost universally unaware of. Most every state requires that any company with employees be covered by a policy of insurance against claims by workers for injury on the job, or worker compensation insurance. Many states have privately owned – but state-overseen -state insurance funds for this purpose, and of course a number of private companies offer such insurance alone or along with business package policies.

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 Insurance is always too expensive – until you need it!     

Berkonomics

I expect that you have a story about how insurance saved you lots of money in your past. And of course, thats the purpose of paying for policies when you think youll never need them. So, here comes the fact: Business insurance is one of the more poorly managed mitigations of risk in small and many medium sized corporations, often because of failure to assign the responsibility to an individual or department, and sometimes just from the willingness to bet against the event and save cash.

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1st Mondays presented by Acquire.com – Recap, Photos, & Video

Startup San Diego

Over +250 attendees joined us for the Startup San Diego 1st Mondays – Networking & Expert Panel presented by Acquire.com. We heard from founders, investors, and mergers and acquisitions experts […] The post 1st Mondays presented by Acquire.com – Recap, Photos, & Video appeared first on Startup San Diego.

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