What Does It Mean to Bring Money Into Disruption?
The term "disruption" refers to the continuing transformation of the economy. It has been present for hundreds of years and is at the center of human existence. Disruption is advantageous…
The term "disruption" refers to the continuing transformation of the economy. It has been present for hundreds of years and is at the center of human existence. Disruption is advantageous…
I was recently speaking to a software company CEO who was excited about having signed a big multi-year contract with a customer. He mentioned that this contract would significantly increase…
Why keep business records? When you’re passionate about your company, keeping accurate business records can seem like a boring chore. It’s not the most glamorous or engaging task, and it…
A call came into our office last week from a stressed-out small business owner in Florida. He said that he needed a business plan right away that he could submit…
I plan to publish a series of posts on mistakes I frequently see in financial forecasts (or pro-formas, or financial projections, or whatever you want to call them). I’ve segregated…
Cash is the fuel of every startup. Your burn rate is the rate at which that money is being spent, and allows an estimate of how long you can go…
Once you have a potential investor excited about your team, your product, and your company, the investor will inevitably ask “What is your company’s valuation?” Many entrepreneurs stumble at this…
Many entrepreneurs actually refuse to do financial projections beyond the first year, insisting that no one can predict the future. They need to realize that investors ask for projections, not…
I’ve noticed a great tendency among startup founders to ignore the essentials of business accounting in the early stages of their startup. Just because you are not profitable yet, doesn’t…
Every investor is looking for the “dream team” of executives to put money on. Often I find that experienced investors scan ahead to the management page of a business plan,…