Remove dropping-trou
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Startups Should Avoid Dropping Trou

InfoChachkie

Dropping trou,” short for “dropping your trousers,” is the process of exposing your company’s confidential information, usually at the request of a BDC. As such, simply refuse any and all requests for confidential information (especially financial data) from prospective customers, partners, suppliers, etc.

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Real Startups Never, Ever Discount Their Prices

InfoChachkie

Avoid The End-Of-The-Quarter Trou Drop. However, habitual discounting at a startup is self-defeating, as it reinforces your customers'' proclivity to delay their purchases, patiently waiting for you to reduce your prices. If you haven''t already subscribed yet, subscribe now for free weekly JohnGreathouse.com articles!

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Eleven Startup Tips From Richard Branson

InfoChachkie

1) Give Your Customers (And The Media) What They Want. As noted in Startups Should Avoid Dropping Trou , being private allows companies to withhold confidential information from their competitors. Richard dropped out of school at the age of 16 to begin publishing a magazine targeted to young people, called Student.

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Startups Must Embrace Their Unfair Rookie Advantage

InfoChachkie

Other installments include: Startups Should Avoid Dropping Trou. You can also keep your competitors off-balance by introducing new products into new and unexpected markets, distributing existing products via new channels and serving novel customer segments. A version of this article previously appeared on Forbes.

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