YoungUpstarts

MAY 8, 2014

Or a key vendor declares bankruptcy. Sometimes that sabotage might cost you ‘only’ a customer or a sale… but over time, a few customers here and a few dollars there can lead to your closing your doors forever. Note that you should also apply the ‘fix things even when they aren’t broken’ concept to your employees.

Technical Review 254

Technical Review Entrepreneur Florida Cofounder 254

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' By Scott Tarlow, founder, president and CEO of Success Systems. For any business, revenue matters.

Security 147

Security Bankruptcy Startup Revenue 147

Both Sides of the Table

APRIL 26, 2016

= profitable and companies like Amazon who chose to focus on growth > profitability were not losing money on each book sale (ie they were gross margin positive). Poorly calculated LTVs can become BVs (bankruptcy values). The reason one would accept losses is when they are investments in fueling faster growth.

Metrics 150

Metrics Cost Acquisition Startup 150

Mike Michalowicz

APRIL 15, 2013

Sales don’t. 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

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

YoungUpstarts

JUNE 13, 2020

Sadly, sometimes it’s impossible to avoid bankruptcy when you have a business. Will your business’s bankruptcy harm your own credit score? In any of the three cases you can file for bankruptcy and it won’t (or shouldn’t) impact the credit of any party involved. The post Does A Business Bankruptcy Hurt My Personal Credit?

Bankruptcy 207

Bankruptcy Limited Liability Company Finance Limited Partner 207

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

Up and Running

JUNE 21, 2021

It has grown from five employees generating $120,000 in annual revenue to 350 employees generating annual revenues of $16.5 This led to iRobot’s sale of more than 4,000 PacBot robots that perform perilous missions (like bomb disposal) in support of soldiers and first responders in combat. iRobot — From robots to riches.

Columbus 134

Columbus SBA SBIR Utah 134

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

crowdSPRING Blog

DECEMBER 12, 2014

5 Ways To Help Employees You’re About To Lay Off | Fast Company – crowdspring.co/159KAQE. How to Motivate Employees in Less Than 5 Minutes – crowdspring.co/1CzhuZY. How to Show Employees Love (Even if it Makes Them Feel Awkward) – crowdspring.co/1CzgUvd. TV-Streaming Firm Aereo Files for Bankruptcy | WSJ – crowdspring.co/1Fh64Ie.

Social Media 100

Social Media Small Business Design Media 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. This helps them generate leads and sales. Financial freedom due to business enables me to grow my business and pay my employees, but it gives my family the quality of life that I want for them.

Technical Review 146

Technical Review Entrepreneur Software Review SEO 146

Steve Blank

MAY 15, 2009

This happened to us at SuperMac when our sales skyrocketed. 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.

Silicon Valley 233

Silicon Valley RSS Lean Agile 233

Startup Professionals Musings

MARCH 12, 2021

Especially if people hear rumors of your interest in selling, they will assume that you are fighting bankruptcy, being pushed out, or your personal life has fallen apart. What you don’t need is a buyer dealing directly with your landlord to get your key asset, leaving you with no leverage and minimum value for the sale.

Due Diligence 410

Due Diligence Intellectual Property Bankruptcy Exit Strategy 410

The Startup Magazine

FEBRUARY 24, 2020

By boosting short-term sales figures via discounts which lure in new customers, for instance, you can convince business lenders that your business is enjoying a surge in growth and is thus an ideal candidate for a loan. This means bolstering your cash flow to the greatest extent possible.

Bankruptcy 129

Bankruptcy Technical Review Security Finance 129

Hearpreneur

SEPTEMBER 9, 2022

The sales helped them raise $30K and the attention of a startup incubator, which offered them training and another $20K in funding. Before Jobs returned to the business in 1997, its sales, and popularity all steadily declined for 12 years, nearly driving it into bankruptcy. Thanks to notably Erin LaCkore, LaCkore Couture ! #8-

Entrepreneur 102

Entrepreneur Bankruptcy Southern California South Africa 102

Occam's Razor

SEPTEMBER 24, 2012

A Facebook employee (FBe) gave a talk about measuring ROI/Value of Facebook campaigns. I can see the correlation, but the conclusion implies a causality that may or may not be there ("the product sales exceeded all internal projections!"). Facebook works. The case study seemed to contain a rookie mistake. Newspapers!

Metrics 165

Metrics Advertising Marketing Social Media 165

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: 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. Who needs an exit strategy?

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. You will also know what skills you’ll need among your co-founders and first employees. eb agency right after I came to Berlin.

Cofounder 134

Cofounder Europe Germany Bankruptcy 134

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

Steve Blank

MARCH 8, 2017

When I took the job of VP of Marketing in a company emerging from bankruptcy, excuses seemed to be our main product. In addition to customer discovery, creating end user demand, and product strategy, Marketing also serves as a service organization to sales. A few became ex-employees. So we created The No Excuses Culture.

Bankruptcy 409

Bankruptcy Sales Channel Restful 409

Duct Tape Marketing

SEPTEMBER 4, 2024

How to Win Clients, Double Profit, and Grow Your Home Service Sales. 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. Click on over and give us a review on iTunes, please!

Cloud 88

Cloud Bankruptcy Widget Kansas City 88

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.

PR 76

PR Hiring Engineer Bankruptcy 76

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

Ben's Blog

APRIL 1, 2011

If the sales team made unreasonable demands on the product organization, then that was my fault. The problem is that she doesn’t actually fix any of the problems and the employees eventually become quite frustrated that the Chief Executive keeps ignoring the most basic problems and conflicts. It kind of sucked to be me.

Management 78

Management Cap Table Balance Sheet Bankruptcy 78

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. It starts as a debt instrument (e.g. a loan) that is later converted to equity at the time of the next financing. I understand the mentality of why investors do this.

Startup 290

Startup Burn Rate Warrant Bankruptcy 290

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

David Teten

DECEMBER 3, 2019

Point Nine Capital uses 15Five for continuous employee feedback. I previously posted a detailed presentation with sales technology tools useful for B2B sales. Many VC funds rely on general-purpose CRM and sales funnel solutions like Copper , Pipedrive, Salesforce , Streak , and ZenDesk. She is a model for us all!

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Up and Running

NOVEMBER 4, 2015

Plus, you can give multiple employees access so everyone doesn’t have to deal with signing in to each platform individually. Kin : If you need to simplify all of the employee paperwork and files, then check out Kin. Its Sidekick add-on for email is excellent and you can easily track deals and an entire sales process.

Curation 60

Curation Finder Startup Social Media 60

Both Sides of the Table

JANUARY 31, 2010

I was on an airplane 2-3 times / week meeting potential customers, investors, employees, business partners and the press. I stayed up late every night after a day of meetings doing email until 3am so that I didn’t feel out of touch with our product and sales pipelines. We were weeks from bankruptcy.

Entrepreneur 308

Entrepreneur Silicon Valley San Diego Non-Compete 308

Both Sides of the Table

JANUARY 31, 2011

And for ones that do get sold often most of the employees don’t really make huge upside gains. I remember an employee asking me whether I’d fill out their paperwork to get a home loan when we only had 3 months of cash in the bank. My SVP of Sales & Marketing quit 30 minutes before an important board meeting.

Entrepreneur 384

Entrepreneur Startup Salary Egypt 384

YoungUpstarts

JULY 2, 2020

Elvira Gavrilova with the British businessman Glyn Hutchinson, the Sales Director of Icon Connet (London). It is the equal distribution of efforts among production and sales that leads to success. Business expert Elvira Gavrilova * urges the entrepreneurs of all levels to realize that the sales are as significant as production.

Bankruptcy 173

Bankruptcy Sales Distribution Global 173

YoungUpstarts

JUNE 20, 2013

What’s important to understand is without effective leadership your managers or employees have no idea what is important to the owner, what to manage, or what success and failure look like. First, great procedures and processes need controls, and these in turn create great employees. If so, you’re not alone. But not Ford.

Leadership 203

Leadership .Net Bankruptcy Operations 203

YoungUpstarts

OCTOBER 15, 2012

What’s important to understand is without effective leadership your managers or employees have no idea what is important to the owner, what to manage, or what success and failure look like. First, great procedures and processes need controls, and these in turn create great employees. If so, you’re not alone. But not Ford.

Leadership 196

Leadership .Net Bankruptcy Operations 196

Steve Blank

JULY 30, 2024

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. In the commercial world this behavior results in innovation demos but no shipping products and a company on the path to irrelevance or bankruptcy.

Government 329

Government Non-Compete Ukraine Acquisition 329

View from Seed

MAY 28, 2020

The food supply chain has been rattled with distribution shifting from restaurants to grocery and with food production bottlenecks resulting from fewer employees at work. While alternative dairy companies like Califia are thriving, traditional dairy businesses like Dean Foods have filed for bankruptcy.

Memphis 256

Memphis Distribution Bankruptcy Operations 256

Feld Thoughts

AUGUST 20, 2012

I read a few articles over the weekend about OnLive potentially going out of business, potentially screwing its employees, and a few other things. It’s painful and sucks when you are part of a company that fails (I know from experience – I’ve been there many times) – whether you are a founder, employee, or investor.

Recapitalization 136

Recapitalization Stock Options Vesting Equity 136

Mike Michalowicz

NOVEMBER 21, 2013

How many employees do you have? What do your sales look like? Most of these “successful” entrepreneurs, are on the verge of bankruptcy. With the focus on size and on sales and on revenue, these entrepreneurs think the only way to improve things is to sell more. These are bad questions. Surely not profit.

Bankruptcy 114

Bankruptcy Sales Revenue Entrepreneur 114