Berkonomics

AUGUST 31, 2017

Time bankruptcy results from the deliberate over-commitment of core resources. I created the term “time bankruptcy” almost thirty years ago when the computer software business was young, and I was a software developer building a young company based upon quality first. It’s a classic case of time bankruptcy. Time bankruptcy.

Bankruptcy 97

Bankruptcy Software Developers Software Development Software 97

Both Sides of the Table

JULY 6, 2016

In France in some ways it was worse because if you failed as a startup founder you shouldered personal liabilities that don’t exist in the US under our bankruptcy laws. Perhaps that’s changed in the decade since I left but that was my experience when I lived there.

South Korea 261

South Korea Silicon Valley Los Angeles Japan 261

YoungUpstarts

SEPTEMBER 10, 2013

For any business, revenue matters. 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.

Security 147

Security Bankruptcy Startup Revenue 147

The Startup Magazine

MARCH 8, 2024

Poorly managed debt can lead to financial strain, decreased creditworthiness, and even bankruptcy. Utilize Debt for Strategic Investments Use debt to invest in revenue-generating assets that generate a positive return on investment for your business. While debt can provide necessary funds for expansion, it also comes with risks.

Finance 147

Finance Technical Review Metrics .Net 147

Hearpreneur

OCTOBER 31, 2021

Saturn, Pontiac, and Hummer were all shuttered due to GM's bankruptcy, which occurred on June 1, 2009. billion in revenue annually. The company faced bankruptcy over 10 times but Elon came up with some genius ideas the next day to save it each time. Eventually, the company was led to global dominance by Alfred P. It cost him $4.8B

Entrepreneur 127

Entrepreneur Software Review Las Vegas Bankruptcy 127

Both Sides of the Table

APRIL 26, 2016

Poorly calculated LTVs can become BVs (bankruptcy values). In SaaS (or any recurring revenue business) this is also a very difficult task. One big, beginners mistake people make in LTV is to measure revenue. CAC is often measured incorrectly and doesn’t often doesn’t capture the true costs of acquisition.

Metrics 150

Metrics Cost Acquisition Startup 150

Both Sides of the Table

MARCH 3, 2013

“In 15 Years From Now Half of US Universities May Be in Bankruptcy.” ” No royalty paid until there is revenue. ” Such was the quote of Clayton Christensen followed by, “… in the end I’m excited to see that happen. So pray for Harvard Business School if you wouldn’t mind.”

Bankruptcy 403

Bankruptcy Offshore Liquidation Preference Balance Sheet 403

Mike Michalowicz

APRIL 15, 2013

You fix your bottom line by increasing revenue or cutting costs or both. You can’t guarantee that you will increase revenue by next month, but you can guarantee that your rent will be due. Many costs are static and recurring, meaning they happen every month for the same amount regardless of your revenue.

Cost 151

Cost Bankruptcy Revenue Software Review 151

David Teten

JANUARY 21, 2021

This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? III: Why are Revenue-Based VCs investing in so many women and underrepresented founders? IV: Should your new VC fund use Revenue-Based Investing?

Equity 78

Equity Revenue Cofounder Colorado 78

Up and Running

JUNE 21, 2021

Seeing a 200-percent revenue growth in just the first year after securing that loan, TRISTAR took out an additional $500,000 SBA-backed loan to expand its physical presence into two more locations. It has grown from five employees generating $120,000 in annual revenue to 350 employees generating annual revenues of $16.5

Columbus 134

Columbus SBA SBIR Utah 134

YoungUpstarts

DECEMBER 2, 2014

In fact, since 2000, more than 10 million Americans have filed personal bankruptcy due to their employers’ failed health insurance plan. For many, it’s been a struggle. But the Affordable Care Act has changed the game. There are many other tax-related areas where CPAs can show great value to employer clients.

Software Review 224

Software Review Employee Retention Government 224

Berkonomics

OCTOBER 26, 2023

Time bankruptcy results from the deliberate over-commitment of core resources. I created the term “time bankruptcy” almost thirty years ago when the computer software business was young, and I was a software developer building a young company based upon quality first. It’s a classic case of time bankruptcy. Time bankruptcy.

Bankruptcy 62

Bankruptcy Software Developers Software Development Software 62

The Startup Magazine

MARCH 31, 2023

Business owners must deeply understand their company’s financial health, track their expenses and revenues, and adjust accordingly. As a result, being unaware of regular expenses can lead to overspending, cash flow problems, and even bankruptcy. It could be anything from increasing your revenue to reducing your expenses.

Management 97

Management Software Review Finance Bankruptcy 97

The Startup Magazine

MAY 11, 2020

Boost Sales and Revenue. Timely repayments also maximize profits because outstanding balances won’t require a large percentage of the revenues your business makes. A debt-reconstruction company will charge a fee, however, it is cheaper when compared to the hassle of filing for bankruptcy.

Software Review 117

Software Review Small Business Management Bankruptcy 117

crowdSPRING Blog

APRIL 7, 2011

Hulu On Track To Generate $500 Million In Revenue This Year – [link]. Puzzled about Dish Network’s purchase of Bluckbuster bankruptcy assets – [link]. Interesting perspective from @malbonster about Instagram – [link]. You need to be HUMAN, not amateur, when building communities.

Social Media 95

Social Media Small Business Design Media 95

The Startup Magazine

JULY 1, 2019

With staggering statistics like these, it’s clear that startups need to come up with affordable ways to handle their accounting services needs in order to avoid bankruptcy. However, after some time when your business expands and you start generating more revenue, you may want to hire a CPA ( learn more about CPA’s.).

CPA 86

CPA Software Review Bankruptcy Early Stage 86

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. As the head of my SEO consulting firm, I help clients grow their revenue and increase their profitability through data-driven decision making and program development. Photo credit: Ty Crandall.

Technical Review 147

Technical Review Entrepreneur Software Review SEO 147

Occam's Razor

JULY 18, 2011

It might seem logical that you’ll also measure the second most overused web metric: Average Revenue per Email Sent = total revenue / # of emails sent. Not revenue. Finally for those of you measuring revenue, and think of yourselves as Analysis Ninjas, you are measuring this delightful metric (don’t let me down!):

Metrics 138

Metrics Campaign Email Marketing 138

YoungUpstarts

JULY 21, 2019

Why are there so many digital commerce companies which can challenge large traditional retailers and even force them into bankruptcy? When his boss asked him to map and monitor all fast-growing E-Commerce companies in the Netherlands, he saw how fast these companies were growing, with some of them quadrupling their revenues year after year.

Cofounder 113

Cofounder Technical Review Technology Netherlands 113

Occam's Razor

SEPTEMBER 24, 2012

A good business analyst will measure how many clicks came through from Facebook, and she/he will also measure the conversion rate, revenue, etc., Revenue per Facebook-referred visitor (staying with last click attribution for now). You can replace the last one with Revenue or Average Order Value if you are hard core ecommerce.

Metrics 165

Metrics Advertising Marketing Social Media 165

Hearpreneur

SEPTEMBER 9, 2022

Over the years, despite massive losses, Netflix was able to bounce back and improve its revenue by 47%. 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 Jen Wan, Soteri Skin ! Thanks to notably Erin LaCkore, LaCkore Couture ! #8-

Entrepreneur 124

Entrepreneur Bankruptcy Southern California South Africa 124

The Startup Magazine

APRIL 8, 2021

If a business or person is unable to pay off their debts, then they may be forced to liquidate or declare bankruptcy. The purpose of liquidation and bankruptcy are actually quite similar, although the way that both are applied are not the same. What is bankruptcy? What are the types of bankruptcy? Source: Pexels.

Bankruptcy 130

Bankruptcy Revenue Distribution Operations 130

Hunter Walker

JANUARY 2, 2017

Next Level: Buying Customers/Revenue/Distribution. Better that be a smart acquisition than a bankruptcy. One note is that if this type of acquisition occurs early in a company’s lifecycle, they can work out VERY well for founders (usually followed by the investor community speculating that they “sold too early”).

Technical Review 129

Technical Review Cap Table Acquisition Startup 129

David Teten

JANUARY 19, 2021

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Flexible VC 101: Equity Meets Revenue Share. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad. Flexible VC: Revenue -based. Of the Inc.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Lightspeed Venture Partners

OCTOBER 29, 2012

But during that time she had been an alcoholic, and in seeking to break away from that life, she had walked away from the company, causing her to declare personal bankruptcy. Revenue or distribution can both be evidence that, in the Bear and the Rat’s case, the dogs literally are eating the dogfood.

Pre-Money Valuation 97

Pre-Money Valuation Offshore Valuation Cofounder 97

View from Seed

APRIL 30, 2015

note: We’d like to be extra clear that founders should not take on venture debt if they don’t have 100% visibility into repaying the loan, as banks that need to recoup their loan my force the company or you as the guarantor into liquidation or bankruptcy. Traction and revenue? Business model? Previous capital raised?

Term Sheet 120

Term Sheet Equity Startup Seed Stage 120

Startup Professionals Musings

JANUARY 7, 2023

As I was contemplating a classic book “ Dead Companies Walking ,” by Scott Fearon, who runs a hedge fund that profits from businesses headed toward bankruptcy, I realized that his insights on the common ways that mature companies often doom themselves apply equally well to startups. This one may be back, and due for another crash.

Intellectual Property 314

Intellectual Property Entrepreneur Bankruptcy Viral 314

Startup Professionals Musings

APRIL 12, 2020

As I was contemplating a classic book “ Dead Companies Walking ,” by Scott Fearon, who runs a hedge fund that profits from businesses headed toward bankruptcy, I realized that his insights on the common ways that mature companies often doom themselves apply equally well to startups. This one may be back, and due for another crash.

Intellectual Property 310

Intellectual Property Startup Bankruptcy Viral 310

Up and Running

NOVEMBER 10, 2014

If your business is considering filing for bankruptcy, read on to see how to proceed. If your business has been experiencing financial difficulty for some time, is filing for bankruptcy the appropriate step? And if so, what bankruptcy options do you have? Shrinking revenue and/or profits. Chapter 7 Bankruptcy.

Bankruptcy 89

Bankruptcy CPA LLC Small Business 89

Up and Running

DECEMBER 16, 2020

Information like annual revenue, the industry you’re in, how long you’ve been in business, and the status of any current liens or judgments are all data that eventually wind up in your credit profile. Do you have the revenue and cash flow to make periodic loan payments? Can you repay a loan? Will you repay a loan?

Small Business 123

Small Business SBA United States Early Stage 123

YoungUpstarts

JULY 16, 2020

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. But without the personal liability protection of the “corporate shield” provided by a legal business entity, your personal finances might be vulnerable to a lawsuit or bankruptcy.

LLC 255

LLC Bankruptcy Venture Capital Stock 255

Steve Blank

NOVEMBER 1, 2010

But nine months after the first call was made in 1998, Iridium was in Chapter 11 bankruptcy. They made other assumptions about the type of sales channel, partnerships and revenue model they would need. Seven years after it was founded their satellites and ground stations were in place. It was a technical tour de force.

Business Plan 335

Business Plan Customer Business Model Customer Development 335

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. We weren’t supporting the mission of the company (generate revenue and profit), and the lack of honesty diminished our credibility, and our integrity. “We still have time.” (We So we created The No Excuses Culture.

Bankruptcy 409

Bankruptcy Sales Channel Restful 409

YoungUpstarts

JUNE 28, 2012

Considering how incredibly popular Harley-Davidson is today, it’s hard to believe that the motorcycle company was ever on the verge of bankruptcy, but it’s true. Harley-Davidson experienced near-bankruptcy from 1969 to 1981 when the American Machine and Foundry (AMF) bought the company and turned it upside down. Harley-Davidson.

Bankruptcy 195

Bankruptcy Texas Naming Venture Capital 195

The Startup Magazine

AUGUST 15, 2024

Business bootstrapping is the strategy where you start and grow a business using your own money or revenue from a business that you already have. You need to have regular revenue inflow, and you need to know where that’s coming from as well as how it covers your operating cost. Look at your cash flow.

Bootstrapping 158

Bootstrapping Bankruptcy Lean Finance 158

Berkonomics

FEBRUARY 6, 2025

Net revenue retention 5. They were scaling themselves into bankruptcy. There are only 5 metrics that truly matter in your first 18 months: Everything else is a distraction. Cash runway (in months) 2. Customer acquisition cost 3. Monthly burn rate 4. Gross margin An example not to follow! Impressive, right? Focus on these 5 numbers.

Founder 62

Founder Burn Rate Bankruptcy Metrics 62

Steve Blank

JUNE 24, 2013

The bill came due two decades later as the American auto industry spiraled into bankruptcy and its market share plummeted from 75% in 1981 to 45% in 2012. i.e. revenue/profit sharing, two-tier hiring, etc. In contrast, U.S. Innovation in the Auto Industry. Cut deals with the rent seekers. Lessons Learned.

North Carolina 335

North Carolina New Jersey New York Government 335