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10 New Venture Myths To Avoid Despite The Temptations

Startup Professionals Musings

The Critical 90 Days From Idea To Market ,” on the first steps that determine long-term success. Duffy emphasizes the often overlooked personal side of entrepreneurship, including balancing finances, relationships, and your health. Let your passion drive your cash flow projections. Moderate your optimism.

Startup 122
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How To Take Your Business Idea From Dream To Reality

Startup Professionals Musings

They can talk with passion about their innovative new idea, and ask lots of questions, but never seem to really get started. The challenge we all have as business founders is to move from the idea stage to a real business. Suddenly you will find that writing a ten-to-twenty page business plan with details is easy rather than daunting.

Ideas 99
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6 Essential Leadership Practices Raise Accountability

Startup Professionals Musings

As an advisor to business executives and owners, I often hear discussions about employee accountability , almost always focusing on the negative. I would challenge you to look at accountability from a more positive perspective, as I see in a new book, “ Uncommon Accountability ,” by Brian P. Moran and Michael Lennington.

Coach 145
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10 Early Business Strategies That Can Lead To Failure

Startup Professionals Musings

The Critical 90 Days From Idea To Market ,” on the first steps that determine long-term success. Duffy emphasizes the often overlooked personal side of entrepreneurship, including balancing finances, relationships, and your health. Let your passion drive your cash flow projections. Moderate your optimism.

Startup 127
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8 Tips To Help You Dodge Common Startup Mistakes

Startup Professionals Musings

But rather than dwell on the failures, I’ve tried to extract from them a list of practical action items that will improve your survival probability. I offer these pragmatic recommendations: Buffer your funding requirements. Adapt your strategy monthly. Assume your initial strategy will be wrong. Manage your time.

Tips 102
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11 Quick Tips to Get More Value out of Your Board

Both Sides of the Table

The board’s job is to review the company’s financial performance and strategy and help provide counsel to the executive team. Sometimes dysfunctional boards are a result of having investors who don’t really understand their role on the board or have the right skills or experiences to be helpful.

Tips 212
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Interview with Mike Whitmire, CEO and Co-founder, FloQast

socalTECH

For today's interview, we sat down and talked with Mike Whitmire , the CEO and Co-founder of Los Angeles-based FloQast (www.floqast.com), a developer of financial close management software for enterprise accounting. We were about a year out from our IPO when I joined, to work inside accounting. We're not an accounting system.

Startup 124