Sales is one of the most important skills for any founder, regardless of experience. It can be daunting to get started if you’ve never done it before, but luckily there are plenty of resources available to help. In this article, we’ll cover some basic steps
The term “dry powder” is often associated with venture capitalists, as it allows them to have funds readily available to invest in new opportunities. Dry powder is a term used in the venture capital industry to refer to money that has been raised but not
The startup funding winter is here & it could be a long firing season for startups. There is no doubt that the current funding environment is brutal for startups. With investors becoming much more cautious and selective, startups are finding it increasingly difficult to secure
Introduction Moonlighting is a hot topic in recent times. The increased prevalence of working from home has reignited the debate on moonlighting in the IT industry. Most occupations, such as a doctor or teachers working in a public organization, have some form of moonlighting where
Contribution margin is the amount of revenue that a company generates after all of its variable costs have been deducted. In other words, it’s the amount of money that a company has left over to cover its fixed costs (like rent, salaries, and overhead) and
People have always thought it was important to own property. This is something that has been accepted by most cultures and societies. People usually own things through a rental or loan agreement. This is true for things like homes, cars, and other physical assets. Owning
According to Bill Gross, founder of IdeaLab, the three most important factors in a startup’s success are timing, team, and idea. But startup timing is the most important of these. And it’s not just about when you launch your product or service. Timing also refers
The current economy is in pretty bad shape. And, you may be thinking that this is not the time to start a business, but that’s where you would be wrong! Do you know that many successful businesses were built at the time of a recession?
Networking is the process of building relationships with other people usually in a professional context in order to exchange information and resources. Networking is a way for professionals to meet new people and learn about opportunities. Business owners use networking to develop relationships with other
When starting your own business, it is important to have a good understanding of the businesses you will be competing against. Most customers do not make a buying decision in a vacuum. People usually compare prices, features & offerings of similar products and services to
