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Bootstrapping Organic Growth Makes Startup Sense

Startup Professionals Musings

When someone asks me for the best way to fund a startup, I always say bootstrap it, meaning fund it yourself and grow organically. Take little to no net profit. All you need is a blog, Twitter, email, some business card stock, and a little creativity. bootstrapping business entrepreneur investor organic growth'

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Water flows downhill. Why fight it?

Berkonomics

Solar panel installations break even only after over years of use, even with subsidies offered by electric companies or governmental organizations. Email readers, continue here.] And adoption of solar technology for home and business has been relatively slow as a result.

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6 Keys To Measuring Return On Investment In Marketing

Startup Professionals Musings

While his insights have come from large organizations, I give many of the same recommendations to every startup: Channel engagement performance. Nurturing stage email performance. That makes it easier to collect results indicators, including number of emails sent, open rate, click rate, and email bounce rates.

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GrubMarket raises $60M as food delivery stays center stage

TechCrunch LA

“The only success criteria of my startup career is whether GrubMarket can eventually make $100 billion of annual sales,” he said to me over both email and in a phone conversation. It has made some 15 acquisitions in the last two years, including Boston Organics and EJ Food Distributor this year.

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Looking to be acquired? Think the 10/40 or 20/20 rules.

Berkonomics

If you are experiencing 20% annual growth and 20% net profit before depreciation and tax, or any combination that adds to 40% (such as 10% profit and 30% growth), you are a prime target. Email readers, continue here…] Here are some of the checklist items your acquirer will consider. The second rule: The 20/20 rule.

.Net 156
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Stop managers from gaming the system!

Berkonomics

Here’s a way to prevent such behavior and create a tool for organization – and transparency at the same time. Financial perspective: financial statement showing key indicators such as revenue, expense, net income or other measures important to success. Email readers, continue here…]. The result of this effort?

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How much information do you give to investors?

Berkonomics

Email readers, continue here.] Summarizing income statements with a line for revenues, cost of revenue, general and administrative expenses, sales and other direct costs – all leading to net income, would satisfy the legal requirement for statement of income and expense.

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