Remove Competition Remove Sales Remove Services Remove Technical Advisors
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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Gross margin (GM) is the amount of profit you make per sale of your product or service taking into account your total costs of selling that product or service. In these kinds of businesses I’m on the record as advising “ Ring the Freakin Cash Register.” Think DropBox, Airbnb, Uber, Maker Studios.

Startup 383
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Many Startups Stumble on International Cultures

Startup Professionals Musings

Thus, we did not translate the product and sales remained at an insignificant level. Translation not only increases sales, but in many countries it is required by law. A successful sales person wanted to become more familiar with the international market and requested a transfer to the Latin American sales group, based in the US.

Startup 90
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International Cultures are Key Business Challenges

Startup Professionals Musings

Thus, we did not translate the product and sales remained at an insignificant level. Our own subsidiary, of a major technology company, started to repair and service competitive products in order to maintain our own technical staff and service capabilities. Local laws prevail. Respect local customs and practices.

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8 Strategies For Sustaining Momentum In Your Startup

Startup Professionals Musings

Based on my experience advising new entrepreneurs as well as more mature businesses, I recommend the following strategies for building business momentum, while still optimizing the limited resources of every small business: Find more customers that like what you do best. Track competition to stay ahead of copycats.

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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

We provide turnkey digital messaging appliances for enterprises, service providers and software developers to send marketing, e-commerce, CRM and customer service email. I decided that I was going to consult/advise a few companies and relax for a bit. So, I put him in charge of our data centers and technical operations.

Startup 40
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The Power of “In Person” – Why Distributed Teams are Less Effective

Both Sides of the Table

The conversations bleed into the sales messages the next time, they wend their way into software designs and form the plan of attach against competition. And that rep doesn’t just send an email to his boss – he has coffee with the head of customer service. I prefer the first sales hires to be in the home office.