Startup Professionals Musings

FEBRUARY 20, 2010

Gemassmer Startups struggling for survival are not uncommon, due to economic changes, management problems, or product issues. If these challenges can’t be resolved by the existing team with “course corrections”, an investor will often bring in an experienced CEO to tackle the “turnaround” before or after bankruptcy.

Bankruptcy 120

Bankruptcy Silicon Valley Private Equity Software Review 120

YoungUpstarts

MAY 8, 2014

Or a key vendor declares bankruptcy. Yes, an employee might know more than you about a particular aspect of your business, but that doesn’t mean she and the rest of the team won’t respect you as a leader (as long as you earn their respect, that is). Or a partner defects with your top client. Or a new law undermines your viability.

Technical Review 254

Technical Review Entrepreneur Florida Cofounder 254

YoungUpstarts

NOVEMBER 12, 2020

Most startups have been competent in managing their cash burn by determining how they spend and utilizing government subsidies to meet their goals. Companies that have managed to do this have a distinct advantage over those dependent on financing from external sources. Some have resorted to aiming to be self-sufficient.

Bankruptcy 165

Bankruptcy Startup Agile Technical Review 165

Both Sides of the Table

NOVEMBER 14, 2010

Remember it was only 2008 where Microsoft and even Google were laying off employees. This is the time it takes for a bankruptcy or asset sale to occur. The problem is that this is longer than the average economic cycle , which means you need to be able to manage in good times and bad. It was an investment management class.

Florida 299

Florida Technical Review San Antonio Los Angeles 299

Hearpreneur

OCTOBER 31, 2021

Saturn, Pontiac, and Hummer were all shuttered due to GM's bankruptcy, which occurred on June 1, 2009. They're also dedicated to giving back to the community and their employees, who each receive three pints of ice cream per day. When he starts a business, the only thing that matters to him is his employees. It cost him $4.8B

Entrepreneur 124

Entrepreneur Software Review Las Vegas Bankruptcy 124

YoungUpstarts

SEPTEMBER 13, 2019

Rebranding is one way to overcome the odds of a partnership breakage or a bankruptcy, showcasing the good points of your business. The best person who can champion your brand is you and your employees. Select a few of your employees who will take part or be in-charge of your rebranding. Why are you rebranding your business?

Technical Review 149

Technical Review Software Review Bankruptcy Equity 149

Board Effect

FEBRUARY 16, 2022

A poorly managed crisis could cost your nonprofit its reputation, yet developing a solid PR crisis management plan could help maintain the public’s trust through the worst possible crisis. The risk of crises and how to handle them should be part of every nonprofit board’s risk management plan. What’s the Worst That Could Happen?

PR 94

PR Management Warrant Bankruptcy 94

YoungUpstarts

SEPTEMBER 10, 2013

For a startup, sustained revenue is of paramount importance: a paucity of sales in one month could lead to bankruptcy the next. Professionalisms client management revenue sales Scott Tarlow startup Success Systems' To prevent disaster, it’s essential for startups to lock down a big client as soon as possible.

Security 147

Security Bankruptcy Startup Revenue 147

Gust

DECEMBER 22, 2011

Most traditional, bricks-and-mortar businesses have substantial, often enormous hard assets, such as raw materials and supplies, work-in-process, inventory, manufacturing equipment, real estate and more, as well as armies of employees. Tech startups are at the other extreme. Instagram is a textbook example.)

Intellectual Property 149

Intellectual Property Technical Review Software Review IP 149

Mike Michalowicz

APRIL 15, 2013

Full time employees represent static and recurring costs. In other words, bankruptcy. We feel more accomplished when we brag about the 15 employees we have for our (barely) million dollar business, instead of bragging how we have three employees with the per employee revenue exceeding two hundred thousand.

Cost 151

Cost Bankruptcy Revenue Software Review 151

Hearpreneur

DECEMBER 23, 2020

I am looking to reopen offices in a smaller capacity when it is safe to do so and when my employees are comfortable with returning. I am listening to my employees and asking for their opinions on how to implement positive changes to make significant improvements to our future work environment. Thanks to James Bullard, Sound Fro ! #7-

Entrepreneur 130

Entrepreneur Technical Review Software Review Employee 130

Steve Blank

MAY 15, 2009

Lets Fix Everything that Was Broken At SuperMac we were excited to finally get out of the crummy tiltup we had occupied since the company emerged from bankruptcy. We need our own cafeteria so employees don’t have to leave the building. We hired an interior designer and a great facilities person to manage the process.

Silicon Valley 233

Silicon Valley RSS Lean Agile 233

YoungUpstarts

SEPTEMBER 27, 2017

by Larry Light, CEO of Arcature and co-author of “ Six Rules of Brand Revitalization: Learn the Most Common Branding Mistakes and How to Avoid Them “ Early this year, The Limited shut down its 250 clothing stores and not long after that the women’s apparel chain announced it was filing for bankruptcy protection.

Private Equity 127

Private Equity Bankruptcy Technical Review America 127

The Equity Kicker

AUGUST 29, 2012

That’s what happened to Chargify LLC, a provider of billing-management software to small businesses, which used the freemium business model when it started out in 2009. Within a year, the company was on the path to bankruptcy. Last month the 12-employee company became profitable, with more than 900 paying customers.

Bankruptcy 100

Bankruptcy Software Review LLC Business Model 100

Hearpreneur

DECEMBER 30, 2020

I owned a mortgage company when the mortgage industry crashed and lost almost everything pushing me to the brink of personal bankruptcy. My expertise in product development and project management came after working as a consultant in many industries. Photo credit: Ty Crandall. This is where we come in. 20- Various ways.

Technical Review 146

Technical Review Entrepreneur Software Review SEO 146

Ben's Blog

APRIL 1, 2011

By far the most difficult skill for me to learn as CEO was the ability to manage my own psychology. It’s like the fight club of management: The first rule of the CEO psychological meltdown is don’t talk about the psychological meltdown. No training as a manager, general manager or any other job actually prepares you to run a company.

Management 78

Management Cap Table Balance Sheet Bankruptcy 78

YoungUpstarts

APRIL 5, 2017

Bankruptcy is relatively common, especially post-2009, but recovering from it can require professional help. With cloud technology, your employees can have instant access to everything they need — and work from wherever it’s convenient. One of the easiest industries to access is server management. Get on the SEO bandwagon.

SEO 113

SEO Bankruptcy Technical Review Cloud 113

Up and Running

MARCH 15, 2017

When it comes to insuring your business, factors like your location, industry, and the number of employees can all affect what coverages are applicable. That could be anything from a slip-and-fall to one of your employees accidentally spilling coffee on their laptop. Do you have employees? Workers’ compensation insurance.

Bankruptcy 109

Bankruptcy Software Review Small Business Employee 109

YoungUpstarts

OCTOBER 5, 2017

by Larry Light, Chief Executive Officer of Arcature and co-author of “ Six Rules of Brand Revitalization: Learn the Most Common Branding Mistakes and How to Avoid Them “ Early this year, The Limited shut down its 250 clothing stores and not long after that the women’s apparel chain announced it was filing for bankruptcy protection.

Private Equity 113

Private Equity Bankruptcy Technical Review America 113

The Startup Magazine

FEBRUARY 24, 2020

Similarly, you’ll want to diminish your cash outflows by any means necessary; vaguely speaking, this means ‘cutting the costs of doing business,’ but more specifically it may entail getting rid of unessential employees or changing suppliers in order to secure better long-term financing on your deals.

Bankruptcy 129

Bankruptcy Technical Review Security Finance 129

Up and Running

NOVEMBER 12, 2014

Common exit strategies include being acquired by another company, the sale of equity, or a management or employee buyout. Management buyout. Management buyout: If you’ve built a business whose legacy you want to see continued long after you’re gone, you may want to consider turning to your employees. Liquidation.

Exit Strategy 117

Exit Strategy Lock-up Period Merger IPO 117

The Next Web

JULY 15, 2013

I’ve worked for different entrepreneurs, various startups and larger businesses as both an employee and partner. There were times of high profitability, but also times when we were close to bankruptcy. We learned how to win and lose customers, how to manage and mismanage projects, and how to hire and fire developers and designers.

Cofounder 134

Cofounder Europe Germany Bankruptcy 134

Hearpreneur

SEPTEMBER 9, 2022

When he did manage to start his own business, it was short-lived and failed. Before Jobs returned to the business in 1997, its sales, and popularity all steadily declined for 12 years, nearly driving it into bankruptcy. Having a simple background in sales and marketing , he came up with attractive employee benefits.

Entrepreneur 102

Entrepreneur Bankruptcy Southern California South Africa 102

The Startup Magazine

MAY 15, 2017

The construction and building industries are heavily reliant on a contracted workforce; that is, there are a great number of individually contracted ‘employees’ who are invoiced and paid separately, rather than through a centralised system. Incremental Industry.

Software Review 62

Software Review Software Technical Review Developer 62

Ben's Blog

APRIL 15, 2011

My greatest management discovery through that transition was that peacetime and wartime require radically different management styles. Interestingly, most management books describe peacetime CEO techniques while very few describe wartime. Why such different approaches to management? Peacetime CEO/Wartime CEO.

Technical Review 78

Technical Review Bankruptcy Search Management 78

Occam's Razor

SEPTEMBER 24, 2012

A Facebook employee (FBe) gave a talk about measuring ROI/Value of Facebook campaigns. Get a shared understanding with your management team of why you are on Facebook. Dippin' Dots crossed five million Facebook Fans a couple of days before they filed for bankruptcy in Nov 2011. It is very, very important to: 1.

Metrics 165

Metrics Advertising Marketing Social Media 165

Duct Tape Marketing

SEPTEMBER 4, 2024

Joe’s “don’t worry about it” mentality, is rooted in his blue-collar upbringing where his father often provided services for free, and once nearly led him to bankruptcy. Managing opportunities and anticipating future needs are crucial for delivering exceptional service. He'd be like, no, don't worry about it.

Cloud 88

Cloud Bankruptcy Widget Kansas City 88

YoungUpstarts

SEPTEMBER 12, 2014

When you hear the question “What type of background checks should my small business run on employees?” Quite simply, a small business requires a lot less organization than a big one, so guidelines for things like employee background checks are often a bit looser and more relaxed. The truth is, however, there is no such barrier.

Small Business 171

Small Business Employee Reputation Bankruptcy 171

David Teten

DECEMBER 3, 2019

However, in private markets, there is more room to optimize across all 11 steps of the investing process: firm management , marketing, fundraising , origination , manage relationships, due diligence, negotiation, monitoring, portfolio acceleration , reporting, and. 1) Manage the firm . This is harder than it sounds.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

YoungUpstarts

JULY 16, 2020

Switching your business entity can help you mitigate risks and losses by providing better options for filing taxes, managing your personal risks and more. If your business is unable to weather the current economic storm and has to close or file bankruptcy, you can be held personally liable for any outstanding debts. Manage Tax Burdens.

LLC 255

LLC Bankruptcy Venture Capital Stock 255

Ben's Blog

DECEMBER 5, 2012

However, bringing in the right kind of experience at the right time can mean the difference between bankruptcy and glory. Even if nobody beats you to the punch, no matter how beautiful your dream most employees will lose faith after the first five or six years of not achieving it. Let’s go back to the first part of the question.

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PR Hiring Engineer Bankruptcy 76

Both Sides of the Table

MAY 23, 2010

If no financing happened then this “note&# may not be converted and thus would be senior to the equity of the company in the case of a bankruptcy or asset sale. They trust the judgment of the VCs to source, finance, help manage and then create some sort of exit for the investments that they make.

Startup 290

Startup Burn Rate Warrant Bankruptcy 290

YoungUpstarts

AUGUST 28, 2013

When your business is failing and bankruptcy seems imminent it can be easy to trick yourself into thinking there are no options left, especially if you have poor business credit and a multitude of financial obligations and debts to deal with. – employees, investors, suppliers etc.) By Keith Tully of Real Business Rescue.

United Kingdom 185

United Kingdom Phoenix Bankruptcy Startup 185

Startup Professionals Musings

MAY 1, 2019

For example, one of the first home grocery delivery companies, Webvan, was so enamored with early traction in Silicon Valley, it raised and spent nearly a billion dollars and went public, before filing for bankruptcy three years later. As your business grows, you need employees who can execute quickly and consistently, with minimal training.

Silicon Valley 215

Silicon Valley Bankruptcy Metrics Valuation 215

The Startup Magazine

SEPTEMBER 26, 2022

What Happens After an Employee is Injured in the Workplace? Note that worker’s compensation insurance doesn’t just support your employees; it also provides liability coverage if the employee decides to sue. This could result in fines, bankruptcy, or jail time. Image Source: Unsplash. Use a Top-Down Approach.

Bankruptcy 154

Bankruptcy United States Startup Employee 154

Hearpreneur

OCTOBER 6, 2019

Since both sets of my parents went through bankruptcy while I was a child, learning about how to manage money became almost an obsession of mine. My oldest daughter was graduating from college and wanted to pursue her dream of a career in stage management. 16- Treat employees in a better way. Photo Credit: Jason Taylor.

Entrepreneur 65

Entrepreneur Ireland LLC Kansas 65

Steve Blank

JULY 30, 2024

It’s often mid-grade managers / officers in this same “middle” who come up with disruptive solutions and concepts. Ironically, organizations tend to chase these employees out because they don’t conform, or if forced to conform, they grow disillusioned and leave for more innovative work in industry. The result is “innovation theater.”

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Government Non-Compete Ukraine Acquisition 329