class-readers 
Berkonomics
JUNE 4, 2020
Here’s the importance of that event and how it affects every productive move you make after that moment. Every dollar of gross profit falls to the bottom line, increasing net profit faster with each transaction. Just to be fair, a 5% cut in costs would also double net profit. Let’s say that your company is exactly at breakeven.
Berkonomics
AUGUST 3, 2023
Certainly, bootstrapping is a preferred method of funding growth if it does not hold back the speed of growth or hobble the quality of product or service to the extent that better-funded competitors can overtake the business. There is a lot to say about retaining control. It is most often a win-win for both you and the strategic partner.
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Berkonomics
JULY 11, 2013
Every dollar of gross profit falls to the bottom line, increasing net profit faster with each transaction. A ten percent increase in revenues for a company with 50% gross margin and 5% net profit before the increase would double net profit for the period with that ten percent increase in revenue.
Berkonomics
JUNE 8, 2017
Email readers, continue here…] Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally-generated funds. Venture, private equity and more: Here we lump a large number investor classes into one. It’s an option, even though an expensive one.
InfoChachkie
APRIL 25, 2011
If you are a leader at a startup and you are reading a business book, you are not closing customers, raising capital, improving your product, or spending time with your loved ones. I have used Guy’s previous book, The Art Of The Start (Art ), in my UC Santa Barbara New Venture Creation class for the past five years. Form Friendships.
Berkonomics
JANUARY 20, 2010
Email readers continue here.]. Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally-generated funds. Before we explore the next insight, it might be useful to list some of the ways in which you can raise money for growth with and without outside investors.
Berkonomics
FEBRUARY 14, 2011
I advise all of my companies to use an impressed payroll service, one that takes the taxes from your bank account along with the net payrolls each period. Email readers continue here.] There are several classes of obligations and several types of providers within each. I have a story about this for later in this insight.
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