Remove Angel Remove Metrics Remove Sales Remove Summary
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Should Startups Focus on Profitability or Not?

Both Sides of the Table

The most obvious way to explain this is with sales people. If you hire 6 sales reps in January at $120,000 / year salary then you’ve taken on an extra $60,000 per month in costs yet these sales people might not close new business for 4-6 months. “COGS” represents the amount that each sale costs you.

Startup 418
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In 15 Years From Now Half of US Universities May Be in Bankruptcy. My Surprise Discussion with @ClayChristensen

Both Sides of the Table

Watch the 30-minute interview to hear why but summary notes below. And I have been impressed with Steven Kaplan and others at University of Chicago (my alma mater), who have been encouraging entrepreneurship through the Polsky Center for Entrepreneurship , through angel investing , seed conferences and changes in teaching.

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These 10 Key Elements Make a Business Plan Fundable

Startup Professionals Musings

In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Marketing, sales, and partners. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Financial forecast and metrics. Executive team.

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Investors Expect Ten Essentials in a Business Plan

Startup Professionals Musings

In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Marketing, sales, and partners. Describe your market penetration strategy, sales channels, pricing, and strategic partnerships. Financial forecast and metrics. Executive team.

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Raising $$ on AngelList? Working w/ McClure? Ask Jody Sherman

Both Sides of the Table

I was an angel investor in his company, made a bunch of calls on his behalf and then I personally sent it out on AngelList. I was saying that I was happy it was all out in the open because I felt at least everybody could now understand the issues & opportunities from the perspectives of angels, entrepreneurs and VCs.

Startup 292
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amSTATZ Social Network For Fitness Gurus, Athletes & Events | Interview With Founder

Tech Zulu Event

No summary of what we did, no easy way for me to recommend my trainer to my friends, and no way for me to easily book the next appointment. Bobby’s strong sales acumen, genuine charisma and leadership abilities make him an invaluable asset to the founding team. Why did you venture into fitness? Have you raised any funding yet?

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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

Throughout the first year we made many fixes and saw our revenue base in these markets accelerate so we felt we were ready to attack Los Angeles, amongst the most important storage markets in the country. Summary Startups are fun and exhilarating and filled with challenging problems to solve.

Startup 286