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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

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5 Tips For New Entrepreneurs Needing Investor Funding

Startup Professionals Musings

Net out the problem and your solution in the first 30 seconds. Pitch your company, not your product. Disciplining yourself to write down the plan is actually the best way to make sure you actually understand it yourself. Successful startups are all about the right people with the right stuff. Executive summary glossy.

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8 New Ways To Focus On Customers For Trust And Profit

Startup Professionals Musings

Although customers today are comfortable providing personal information in return for a better experience, they are also quick to write you off if you misuse the data, disclose it, or use it to push irrelevant products. Supplement this feedback with more formal modern satisfaction surveys, like the Net Promoter Score.

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5 Unique Elements Make A Winning Selling Proposition

Startup Professionals Musings

Investor and customer attention spans are short, and both will write you off quickly. Great products solve painful real problems, and are not just “nice to have” or “easier to use.” The net value of this solution from the customer’s perspective. Building a product is not the same as building a business.

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JS Saturday | Javascript Beginner to Advanced in One Day!

Tech Zulu Event

In a collaborative effort, Ria Consulting, LLC and Los Angeles Net Developers Group are hosting this event on November 10th, 2012 at the Long Beach Convention Center in Long Beach, California. Jason Beres , VP of Product Management, Community, and Developer Evangeleism art eh VP of Product Management, Community and Evangelism.

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Effective Email Introductions or Why Blind Intros Suck

InfoChachkie

The following six tactics will help ensure that your future matchmaking efforts will be welcomed and productive for all parties involved. Proper Context – If the context of the intro is the least bit unclear, I ask the person requesting the introduction to write a paragraph or two that I can forward to the target contact.

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5 Startup Steps That Prove You Are Ready To Execute

Startup Professionals Musings

People cite sources like this BusinessWeek story a while back “ Real Entrepreneurs Don’t Write Business Plans ,” or even my own article on this subject, “ 10 Reasons Not To Write A Business Plan First.” Net out the problem and your solution in the first 30 seconds. Pitch your company, not your product.

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