article thumbnail

8 Priorities When Offering A New Product Or Service

Startup Professionals Musings

Even though many of these can be mitigated by testing and early customer feedback , you will find that it pays big dividends to do your homework before building and rolling out every new initiative: In today’s customer data overload, marketing is essential. Customers won’t buy what they can’t find or don’t understand.

Product 354
article thumbnail

Ways for Startups to Limit Liability in Company Car Crashes

The Startup Magazine

Still, the right commercial auto insurance policy provides confidence to focus on core operations, not liability risk. This diligence pays dividends in accident prevention down the line. Many startups also opt for safe and affordable company vehicles for their fleets to keep costs low and risk factors in check.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Great, Operationally-Focused CFO’s Can Transform Your Business

Both Sides of the Table

I told Sam that it would pay dividends in spades because he could focus on innovation and not put as much personal time into process & planning. We hired Steve Pease to run finance and then eventually all operations and it has transformed how we operate. We brought on board David Lapter at MakeSpace. Any feedback welcome.].

article thumbnail

Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

So is John Rice, the head of Global Operations along with CFO Jeffrey Bornstein. Instead of lean innovation programs, there is a mandate to cut $2 billion in expenses by the end of next year, lift profits and raise the dividend. Increase operating margins to 18% (by cutting expenses). Beth Comstock is out. So what happened?

article thumbnail

3 Underrated Ways New REITs Can Properly Manage Their Income-Producing Real Estate

The Startup Magazine

A company that operates or owns income-producing real estate assets is called a REIT (real estate investment trust). link] With this, you want to offer investors a path to possessing high-priced assets to earn dividend income. All these will help you create a realistic operational budget and financial plan for the future.

article thumbnail

Corporation or LLC? Business Organizations for Tech Startups.

YoungUpstarts

Owners of corporations also pay taxes when they are paid dividends or profit from sale of the stock, which is why it is common to say that corporations are “double-taxed.” However, a lawyer can create Articles of Organization or Operating Agreements that give you more flexibility in how you run your specific company.

LLC 100
article thumbnail

Technology, Innovation, and Modern War – Class 12 –The Space Force– General John Raymond

Steve Blank

Joe Felter , Raj Shah and I designed a class to examine the new military systems, operational concepts and doctrines that will emerge from 21st century technologies – Space, Cyber, AI & Machine Learning and Autonomy. John Raymond , Chief of Space Operations, United States Space Force. He or she has to conduct operations today.