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Wow! Are your relationships important!

Berkonomics

Of course, the response depends upon lots of variables, including whether the company is in a fund-raising mode (in which case the CEO may be spending up to 80% of their time on this alone). How much time do you devote to each type of activity? That last 10% is most important and often overlooked. It represents strategic thinking.

Class 194
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Need money? Read this!

Berkonomics

Friends, family and fools: [Email readers, continue here…] This term, although pejorative, describes the typical mix of early investors in a small, young growing business. But few businesses grow into the sweet spot of $20 million to $30 million in worth to an ultimate buyer without the injection of outside capital.

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When to pivot from your original plan?

Berkonomics

My favorite example of a world class pivot comes from the CEO and board of one of my most successful investments. The firm grew to dominate its new field, create an infrastructure to allow any of its current 100,000 retail stores to simple activate or load the card with money from any cash register. My story of a great pivot.

Resource 156
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How well do you use your business time?

Berkonomics

Of course, the response depends upon lots of variables, including whether the company is in a fund-raising mode (in which case the CEO may be spending up to 80% of his or her time on this alone). Often, I am asked by young CEOs how much time should be devoted to various types of tasks by a good CEO in a small, growing enterprise.

Class 243
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Square Sellers Will Get Apple’s ‘Tap to Pay’ on iPhones This Year

Tech.Co

Now, though, the companies both seem to agree that they'll turn larger profits by teaming up — even if it might mean a slowdown in Square's hardware sales in the long term. Their system genuinely is top of the class for any small business, so it's worth considering with or without Tap to Pay. Sign up to the Tech.co newsletter.

News 152
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Does your business need money? Read this!

Berkonomics

Email readers, continue here…] Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally-generated funds. It is for this group that we explore the implications implicit in raising money for growth. It is most often a win-win for both you and the strategic partner.

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Embrace the right to pivot!

Berkonomics

My favorite example of a world class pivot comes from the CEO and board of one of my most successful investments. The firm grew to dominate its new field, create an infrastructure to allow any of its 70,000 retail stores to simple activate or load the card with money from any cash register. Finding your ideal niche Positioning'

Class 176