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Why Startups Are Ready For A Reboot

YoungUpstarts

Most startups have been competent in managing their cash burn by determining how they spend and utilizing government subsidies to meet their goals. NBC News points out several companies that filed for bankruptcy during the later months of the crisis. Businesses have had to look for more creative means for funding their success.

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Why Large Organizations Struggle With Disruption, and What to Do About It

Steve Blank

Seemingly overnight, disruption has allowed challengers to threaten the dominance of companies and government agencies as many of their existing systems have now been leapfrogged. The same holds true for Government organizations, albeit with more serious consequences. It’s a textbook case of the Innovators Dilemma.

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Learning From Bankruptcy: Two Key Insights For Business

YoungUpstarts

In reality, though, the worst thing is to go into bankruptcy and not learn anything from the experience. Though bankruptcy can seem catastrophic when it happens, it also gives you the opportunity to try again; this time with 20/20 hindsight. And yes, this is true even in the case of bankruptcy.

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Effective Cost-Saving Rules for Manufacturers

The Startup Magazine

Due to lockdowns, layoffs and other measures forced by the virus, some manufacturers had to pronounce bankruptcy and completely stop their business actions. These efficient drilling tools, bridge plugs and other assets can boost operational flexibility, optimize completion programs and lower total operating costs.

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Secret History – When Kodak Went to War with Polaroid

Steve Blank

Kodak’s 1970 annual report said, “Government sales dropped precipitously from $248 million in 1969 to $160 million in 1970, a decline of nearly 36 percent.” By the early ’90s, the alarms were clanging away; bankruptcy came in 2001. Today, descendants of the KH-11 KENNEN continue to operate in orbit.

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Why Some Startups Win

Steve Blank

When organizations are small (startups, small teams in companies and government agencies) early employees share a mission (why they come to work, what they need to do while they are at work, and how they will know they have succeeded). I had taken the job of VP of Marketing in a company emerging from bankruptcy. Why Do You Work Here?

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Thinking of Filing for Bankruptcy Due to COVID-19? Here’s What to Consider

Women Entrepreneurs Can

Bankruptcy hit companies that seemed infallible. Plenty struggled to cope during the pandemic, and plenty turned to bankruptcy when it seemed that they just weren’t going to make it through this obstacle. But bankruptcy is a big decision, with lasting consequences – consequences that can’t be taken back.