Startup Professionals Musings
JANUARY 8, 2020
As an advisor to entrepreneurs, I often hear the desire to run their own company, to avoid having someone else telling them how to run the business. I strongly advise you create a separate bank account and credit card for your business, even though it is all your money. You will also need a line of credit for financing.
Startup Professionals Musings
FEBRUARY 21, 2020
Many of the entrepreneurs I advise or invest with spend considerable time on the Internet, keeping up with technology, customers, and competitors, but very few feel the need for an early personal presence. In fact, some totally avoid it, assuming their product or solution will speak for itself later.
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Eric Greenspan
FEBRUARY 2, 2010
Today, I received this email from the BBB: We’re writing to let you know that during the past month the Reliability Report that we publish on Make It Work was accessed 6 times. Our reporting system relies on an algorithm that takes into account a variety of business factors including complaint and other business information.
Startup Professionals Musings
NOVEMBER 5, 2018
Unfortunately, too many of the technical entrepreneurs I mentor and advise are focused on their technology, and assume that the value will be self-evident to customers. Tech may be the tool, but hospitality – making life a little easier, more comfortable, and more enjoyable for your customer, is the winning focus.
Tech.Co
NOVEMBER 28, 2017
The aim, according to the private college’s press release, is to provide “mentoring, advising and access to resources for up to 15 student- and community-run companies with a philanthropic twist.” Monthly members get 24/7 access to [a 10,000-square foot office],” Fast Company reported in a profile.
Both Sides of the Table
SEPTEMBER 28, 2014
I have long tried to raise awareness of the trade-off between growth & profits as outlined in this much read blog post on the topic (and please forward to your favorite journalist who often simply report that companies that aren’t profitable are bad). Valuation. I wanted to call out special attention to valuation in this debate.
Startup Professionals Musings
APRIL 10, 2011
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. I had organized European operations into regions and the country manager for Italy reported to the central European manager based in Germany. HR rules are local.
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