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5 Lessons Learned Launching a Startup With No Plan, No Cash, and No MBA

Up and Running

We’d never hired anyone. We didn’t know anything about small business accounting or finance. Within a few months, my wife went from teaching a few classes via Skype part time, to teaching full time, to hiring a pair of teachers to help her keep up with demand. See Also: 13 Ways to Ensure You Always Hire the Right Person.

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Who are the Major Revenue-Based Investing VCs?

David Teten

Since 2017 we’ve managed $3 million in revenue-based financing, which helps cash-strapped technology companies grow. The mode purpose for funding is (in order of frequency) Sales, Marketing, Market Expansion, Product Development, and Hiring Employees. “ You qualify if you have $5k+ MRR. Bigfoot Capital. Decathlon Capital.

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The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

online.wsj.com

Firms Miss Out on Jobs Push A new federal program that lets states give companies financial incentives for hiring jobless people hasnt gained traction, illustrating the complications of government attempts to tackle unemployment. Finance, Banking, Loans, etc. Subscriber Content Read Preview. Subscriber Content Read Preview. New Jersey.

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52 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

For nearly 15 years I had analytical, numbers-driven jobs in finance and banking, working for some of the world’s largest banks. When I began practicing law I was hired by a firm where billable hours and collected fees were the only considerations for advancement. Thanks to Ostap Bosak, Royal Fur ! #17 Image Credit: Nancy D.

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20 Business Laws Every Entrepreneur Should Know in 2015

Up and Running

In all states except Montana, there is an at-will work law in place. Hiring employees. The amount of time an employee works for you will make a difference when it comes to taxes, so research the difference between a W-2 employee and a 1099 employee before making any hiring decisions. Finance law. At-Will work doctrine.

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Blitzscaling Beyond Startups

Reid Hoffman

This tends to happen more in the world of finance — think of the farsighted investors from “The Big Short” who bet against the subprime mortgage market. Rocket Internet, the startup factory run by Germany’s Samwer brothers, raised $90 million and hired 400 people to rapidly scale up an “Airbnb of Europe.”

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37 Entrepreneurs Share Their Favorite Inspirational Business Quote

Hearpreneur

Sometimes the client hires you, sometimes they don’t. In 2009, during a hunting trip in Montana, I realized there wasn’t a “go-to” brand on the Internet to research hunts and outfitters and connect with other people. But when you hire with the same attitude and end game you get so much more from individuals and for the company.