Startup Professionals Musings

FEBRUARY 8, 2021

In my experience as an angel investor for new startups, I’m always surprised by how many entrepreneurs are looking for funding without outside advisors. What you learn will apply to employees. An experienced Board can give them credibility, as well as advice on the many pitfalls of starting a new company.

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Advisory Board Bandwidth Cofounder Technical Review 356

Steve Blank

JANUARY 17, 2023

Three types of organizations – Incubators, Accelerators and Venture Studios – have emerged to reduce the risk of early-stage startup failure by helping teams find product/market fit and raise initial capital. They do the most to de-risk the early stages of a startup. Reducing Startup Risk. Carlos stirred his coffee.

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Technical Cofounder Intellectual Property Technical Review Incubator 368

ReadWriteStart

DECEMBER 15, 2022

Startup studios continue to grow in popularity as incubators for new businesses. Rather than simply launching one startup, the startup studio model creates an organization whose business is launching startups. These can then be repeated and improved on with each successive startup.

Incubator 188

Incubator Startup Software Development Software Developers 188

Steve Blank

MARCH 15, 2017

I was having a second coffee with an ex student, now the head of a marketing inside a rapidly growing startup. If these sound like reasonable answers to you, and you are in a startup, update your resume. Titles in a startup are not the same as what your job is. It wasn’t that I had somehow inherited dumb employees.

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The Startup Magazine

JANUARY 5, 2025

Invest in Employee Development Your team is one of your most valuable assets. Investing in employee development is not only going to boost their morale but also enhance their skills and productivity at the same time. All of these tools can streamline tbe operations of your business and free up time for more strategic tasks.

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Startup Professionals Musings

APRIL 24, 2021

If you are a young startup founder, how do you find that CEO or other executive for your “dream team” to close on funding or complement your skills to kick start your company? Remember that leadership is both upward, as well as downward to direct reports and employees. Craft an operational plan and make it work.

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Exit Strategy Leadership Founder Networking 407

Startup Professionals Musings

AUGUST 19, 2020

Cash flow is a basic survival metric for every startup. Yet it always amazes me that I can find two different startups, seemingly working on the same problem, with one having a burn rate several times higher than the other. They understand startup realities. Desperate entrepreneurs lose their leverage and die young.

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Burn Rate Hockey Stick Salary Angel Investor 310

Steve Blank

SEPTEMBER 5, 2018

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. It’s the antithesis of the Lean Startup.

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Lean Burn Rate Startup IPO 335

The Startup Magazine

JANUARY 30, 2025

Achieving growth requires maintaining records and ensuring compliance while efficiently managing entities involved in developing and expanding business operations. Entity management software plays a role in assisting businesses by offering tools that help streamline operations and improve the decision-making process significantly.

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Software Review Software Management Government 110

The Startup Magazine

DECEMBER 4, 2024

Use Contracts to Your Advantage Whether you’re hiring employees, working with vendors, or entering into agreements with partners, contracts are essential. Additionally, employment contracts ensure that you and your employees have mutual understanding regarding their roles and the company’s policies.

Intellectual Property 119

Intellectual Property Non-disclosure Agreement Entrepreneur Limited Liability Company 119

Startup Professionals Musings

JANUARY 3, 2021

In reality, the best business process innovations usually come from regular employees on the front line of your business, just trying to do a better job and better serve customers. Startups may be quicker to adopt innovations, but there are clearly some large problems than can only be solved by companies with large resources.

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Technical Review Leadership Operations Networking 431

Steve Blank

APRIL 1, 2020

So here’s a five-day playbook to help CEOs of cash-flow negative startups, or ones about to go negative, assess the new normal and respond with speed and urgency. For companies burning cash, such as startups, how much cash do you have? Operating Numbers. For startups: source of VC money? Those that don’t may not survive.

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South Korea Salary Business Model China 334

Startup Professionals Musings

DECEMBER 13, 2019

In the interests of helping you work smarter and last longer, I would like to offer my top ten list of key resource drains to avoid in early businesses and startups, based on my years of advising entrepreneurs and my own business experience: Expanding your product line too quickly for scaling. Make employee management a proactive process.

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Technical Review Metrics Social Media Channel 306

Startup Professionals Musings

MAY 14, 2023

Cash flow is a basic survival metric for every startup. Yet it always amazes me that I can find two different startups, seemingly working on the same problem, with one having a burn rate several times higher than the other. They understand startup realities. Desperate entrepreneurs lose their leverage and die young.

Burn Rate 258

Burn Rate Hockey Stick Management Salary 258

The Startup Magazine

JANUARY 27, 2023

The advent of off-site operations raises the inescapable need for a system of managing, supervising, and coordinating activities in field service management. Field service management offers the much-needed opportunity to manage field operations remotely. Will such a tool benefit my startup?

Software Review 158

Software Review Software Technical Review Startup 158

YoungUpstarts

JANUARY 10, 2020

This is especially true for startups, which operate on the basis of customer traction to solidify expectations with investors or lending institutions. The loss of these major customers can have a dramatic impact on both internal (employees) and external contributors (investors).

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Customer Development Team Review Advisory Board Private Equity 347

YoungUpstarts

DECEMBER 12, 2020

Also, if your employees will use personal devices in the workplace, you must ensure they are using the latest security protections, such as: Biometric authentication. You must also routinely review your data security plan as you hire more employees and create more departments. Startup companies can’t afford to ignore cybersecurity.

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Security Software Review Technical Review Networking 273

The Startup Magazine

OCTOBER 13, 2024

Understanding the Need for Workflow Efficiency In the dynamic landscape of modern businesses, the pressure to enhance operational efficiency and effectiveness is unrelenting. Whether you’re a startup or a multinational corporation, the need for agile and streamlined workflows is universal.

Technical Review 167

Technical Review Software Review Agile Operations 167

Both Sides of the Table

APRIL 6, 2020

Along with my partner Stuart Lander, who runs operations at Upfront and is a former lawyer, we have scoured through, debated and helped scores of companies make this determination. The government believes that it not only is better keeping employees in jobs where possible but also in helping these businesses remain solvent.

Programming 279

Programming Affiliate SBA Government 279

The Startup Magazine

MARCH 14, 2022

And with the technology available these days, it is convenient to invest in emerging startups. Are you wondering how to invest in startups in India? The digital startup craze. The world is about to see a new generation propagating the Indian startup investing industry. Sectors witnessing a startup boom. Media tech.

Technical Review 167

Technical Review Due Diligence India Startup 167

The Startup Magazine

DECEMBER 12, 2024

Documentation is the backbone for organized, efficient, and successful operational processes. Clear, effective business documentation creates clarity in the minds of employees, stakeholders, and external partners and eventually builds trust for seamless operation.

Technical Review 158

Technical Review Software Review Operations Technology 158

The Startup Magazine

JUNE 9, 2024

Approximately 56% of businesses globally presently provide remote working alternatives, with 16% operating entirely remotely. It handles a variety of functions such as employee onboarding, scheduling, leave management, and payroll operations automatically, ensuring they are completed effectively and without mistakes.

Management 158

Management Software Review Technical Review Employee 158

Steve Blank

NOVEMBER 13, 2018

If you’re an early employee at a startup, one day you will wake up to find that what you worked on 24/7 for the last year is no longer the most important thing – you’re no longer the most important employee, and process, meetings, paperwork and managers and bosses have shown up. I know a change is going to come.

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Part-Time VPE Employee Cofounder Hiring 334

Startup Professionals Musings

AUGUST 7, 2020

Although his focus is naturally on bigger companies, I contend that his recommended strategies apply equally well to entrepreneurs and startups: Demand a mindset of deep thinking for the long term. Connect operations today with long-term goals. Cote, former Chairman and CEO of Honeywell. Make process improvement a constant focus.

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Technical Review Due Diligence Merger Social Media 312

The Startup Magazine

FEBRUARY 11, 2024

With startups and many smaller businesses often having tighter budgets than more established companies, it becomes vital to implement measures to limit potential liability. So how exactly can startups limit their liability in such incidents? One area where liability can be substantial is company car accidents.

Technical Review 147

Technical Review Houston Dividend Startup 147

The Startup Magazine

JUNE 8, 2022

It enables businesses to improve operational efficiency and productivity, eventually making a positive contribution to their growth. To set good examples, they need to polish their entrepreneurship skills so that they can influence employees positively. It will help you encourage your employees and get the most out of them.

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Technical Review Entrepreneur Leadership Operations 166

ReadWriteStart

APRIL 14, 2023

Yet, we know tech startups will weather the storm. For startups that sell to businesses, however, this pain creates new opportunities as forward-thinking companies look for permanent, technical solutions to these cyclical problems. Even after aggressive hikes from the Fed, overall unemployment in the U.S.

Technical Review 148

Technical Review Ukraine Software Review ChatGPT 148

ReadWriteStart

JANUARY 23, 2023

Every year, new startup entrepreneurs attempt to launch a business on the leanest budget possible. Whatever the case, you’ll need to make some big sacrifices and strategic managerial decisions if you want this lean startup budget to work — and it’s definitely possible. Consider a hybrid workplace. Negotiate the lease.

Lean 158

Lean Technical Review Startup Acquisition 158

VC Cafe

MARCH 31, 2025

So I thought it’s a good time to share the video where lists are the key learnings from YC on how to start a technical startup: Start with a strong technical co-founding team: You need two to four co-founders with at least 50% engineering background. A few weeks ago Siebel announced that he is stepping down from Y combinator.

Cofounder 88

Cofounder Silicon Valley Technical Review PR 88

YoungUpstarts

DECEMBER 29, 2020

In the past, working remotely was considered “normal” for entrepreneurs or independent contractors in the gig economy only, but organizations wanted employees, and consultants, to be onsite and working in the office. Employees clearly want and enjoy the flexibility. This greatly narrowed the talent pool. It’s a win-win. Cost Savings.

Technical Review 275

Technical Review Cofounder Leadership Employee 275

The Startup Magazine

AUGUST 26, 2024

LLCs and corporations provide limited liability protection but may require more paperwork and higher startup costs. Failure to comply with these regulations can result in fines or the suspension of your business operations. A strong hiring process ensures you bring in employees who can deliver high-quality work.

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Limited Liability Company Technical Review Software Review Angel Investor 157

The Startup Magazine

SEPTEMBER 17, 2023

Aside from the environmental advantages, car sharing is a cost-effective option for company employees to use vehicles. Thanks to this, there is no need for employees to pay for taxis or save up for their own cars; instead, they can access cars from the company’s fleet when necessary for business trips or assignments.

Software Review 158

Software Review Software Mobile Technical Review 158

The Startup Magazine

JUNE 20, 2024

When it comes to B2B startups, effective marketing can make or break a company’s early growth trajectory. With limited resources and high stakes, startups must be strategic about every decision, particularly when it comes to marketing. One increasingly popular strategy is to hire a fractional chief marketing officer (CMO).

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B2B Hiring Salary Early Stage 148

ReadWriteStart

DECEMBER 8, 2023

According to Gergo Vari, the founder of Lensa, if your startup is ready to ride the metaverse wave, staying informed and investing in the skills and expertise needed for this new era are crucial. Adapting to emerging trends and staying agile will be crucial for startups as the metaverse grows.

Technical Review 133

Technical Review Generative AI Startup Agile 133

Startup Professionals Musings

JUNE 11, 2022

Personal loans from individuals, employees and board members. As in any company, they can lead to employee problems, or messy legal issues. This could work to get you legal or accounting services, but won’t get you cash to pay employee salaries. Personal loans are certainly an option, but should be avoided if possible.

Angel Investor 327

Angel Investor Equity Technical Review Exit Strategy 327

The Startup Magazine

FEBRUARY 21, 2022

Its use helps to significantly save time for both the manager and ordinary employees. You need specialized capabilities to meet your business’s specific requirements or operations. More system adaptability is required as a firm expands, and its operations become more complicated. appeared first on The Startup Magazine.

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Software Developers Software Development Software Developer 217

The Startup Magazine

AUGUST 21, 2024

Whether you’re a startup or an established company, preparing for unforeseen events can mean the difference between success and failure. Understanding the importance of insurance for business is essential in safeguarding your operations and assets. Property Insurance: Covers physical assets like buildings and equipment.

Technical Review 167

Technical Review Global Reputation Employee 167