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6 Drivers For Aspiring Entrepreneurs To Finish School

Startup Professionals Musings

Take advantage of free startup programs and mentors. Every school recognizes the power of “hands-on” work to help you develop your own ideas into a business. For example, I do business mentoring at nearby Arizona State University and Embry-Riddle Aeronautical University. Initiate networking to find peer partners and investors.

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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.

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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.

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10 Ways Leaders Must Change As The Business Matures

Startup Professionals Musings

Entrepreneurs often have formidable technical expertise, key to developing a new product or service, but a great naïveté in management skills. It means mentoring less experienced team members, and quickly replacing incompetent staff members. Inspire, Motivate, and Bring Out the Best in Your People.” Staff properly at every level.

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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.

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8 Key Rules for Starting a Business on a Shoestring

Startup Professionals Musings

Here are some of the key new rules I have learned by starting my own company, investing as an angel in other startups and mentoring many more new entrepreneurs over the last few years: Do incorporate a company, but keep it simple. Trademarks, copyrights and even patents can be completed online by anyone through the U.S.

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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.

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