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5 Strategies Recommended For Successful Bootstrapping

Startup Professionals Musings

As an advisor to entrepreneurs, I often hear the desire to run their own company, to avoid having someone else telling them how to run the business. Although board members should be compensated to assure commitment, I suggest company shares rather than cash. Avoid family members and close personal friends.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

But what IS the right amount of burn for a company? 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 Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. Gross Burn vs. Net Burn.

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Apply Hospitality-Driven Thinking to Your New Venture

Startup Professionals Musings

As a self-made entrepreneur and former chairman of Diamond Resorts International, he asserts that the five biggest companies by market value today, Google, Facebook, Microsoft, Amazon, and Apple, aren’t really tech, but hospitality companies. Cloobeck, “ Checking In: Hospitality-Driven Thinking, Business, and You ”.

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8 Incubators From Around the Country You Might Not Have Heard of Before

Tech.Co

But your company is only eligible for the boot camp if it’s generating a minimum of $200,000 in annual revenue with a primary focus on dairy. 125 entrepreneurs in the food or drink business rely on the incubator’s food entrepreneur knowledge base to steer them in the right direction. The California Spirits Company.

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Many Startups Stumble on International Cultures

Startup Professionals Musings

I was once asked by a top executive of a major software company why we were not selling more products in Finland. Companies became creative by selling and trading foreign exchange licenses. I had organized European operations into regions and the country manager for Italy reported to the central European manager based in Germany.

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International Cultures are Key Business Challenges

Startup Professionals Musings

I was once asked by a division manager of a major software company why we were not selling more products in Finland. Companies became creative by selling and trading foreign exchange licenses. I had organized European operations into regions and the country manager for Italy reported to the central European manager based in Germany.

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Frank Addantes FounderBlog: Startup 5.0 – I’m just going to chill out for a bit… (OK, for a month…)

Frank Addante

► February (1) What do you do when a reporter you admire misrepre. ► November (1) 2 Ears and 1 Mouth: There's a Reason ► October (2) Be Best at Something Tear Down Your Firewalls ► September (3) Elements of Sustainable Companies We're Not Saving Lives. Find a Simple Way to Tell a Complex Story (and ano.

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