Remove Ideas Remove Mentor Remove Outsource Development Remove Software Development
article thumbnail

5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day. Be a miser with contract services and facilities. Getting a sales contract before manufacturing inventory.

article thumbnail

5 Ways To Conserve Investor Cash And Ensure Survival

Startup Professionals Musings

As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day. Be a miser with contract services and facilities. Getting a sales contract before manufacturing inventory.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Popular Freelance Opportunities In This Gig Economy

Startup Professionals Musings

As a mentor to startups, I see more startups that are really an individual professional, marketing themselves as a consultant or freelancer in this new gig economy. Software Development Professional. Thus smart business professionals are rapidly becoming the new entrepreneurs. Administrative Professional.

Startup 106
article thumbnail

How To Reinvent Yourself As A Business Startup Today

Startup Professionals Musings

As a mentor to startups, I see more startups that are really an individual professional, marketing themselves as a consultant or freelancer in this new gig economy. Software Development Professional. Thus smart business professionals are rapidly becoming the new entrepreneurs. Administrative Professional.

Startup 164
article thumbnail

5 Strategies For Building Winning People Connections

Startup Professionals Musings

In the entrepreneur world, it’s still a popular misconception that the “idea” is everything. Even though investors, like myself, have long made it clear that we invest in people, not ideas, new venture owners insist on talking about their latest “ million dollar idea ,” rather than their “ million dollar team.”

IBM 87
article thumbnail

5 Keys To Minimizing The Burn Rate For Your Startup

Startup Professionals Musings

As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day. Be a miser with contract services and facilities. Getting a sales contract before manufacturing inventory.

Startup 89
article thumbnail

5 Steps To Maximizing Your Startup Cash Flow Runway

Startup Professionals Musings

As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day. Be a miser with contract services and facilities. Getting a sales contract before manufacturing inventory.

Startup 108