My Money Mistakes: Monthly Bank Reconciliation
I made lots of Money Mistakes during my years as an entrepreneur. I’m probably making some now! That might surprise some people who know I was a VC, and I’ve … Read more
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Simple Wisdom from Ben Franklin
Ben Franklin crafted some wonderful pearls of wisdom for business owners. This quote is one of them: If you know how to spend less than you get, you have the … Read more
A Beginner’s Cash Flow Forecast: Microsoft’s Excel Template
You can’t run out of cash or your business will fail. The first step to make sure you won’t run out of cash is creating a monthly cash flow forecast … Read more
Three Ways Growth Eats Cash
There are three basic reasons why business growth eats cash: Not all businesses experience all three types of cash-guzzling growth. And some don’t really experience any of these. Understanding which … Read more
Throwing Money At The Problem Isn’t A Good Reason For Startup Funding [meme]
Building a startup is hard, and it’s tempting to think that throwing money at the problems you’re facing will make them go away. Lots of hard earned wisdom says that … Read more
Money often costs too much [meme]
Ralph Waldo Emerson (1803-1882) was an American essayist, philosopher, poet and lecturer. This oft-repeated quote of his is a mere snippet of a very long essay on “Wealth,” which in … Read more
Creating Corporate Partnerships [video]
As your company grows, corporate partnerships may become an option to expand into new markets or deepen penetration of existing markets. While corporate partnerships are usually thought of in the … Read more
Kickstarter Success Varies By Type of Business
Did you know that your chance of success on Kickstarter, as well as the amount you can expect to raise, varies a lot by what type of business you have? We … Read more
Top 7 Reasons For Startup Funding Fail
Most funding attempts by young companies fail, no matter what type of business funding they are trying to get. That’s true for business credit cards, trade credit, commercial bank loans with … Read more
Should You Invest In Marketing To Long Term Customers?
I just met with a company that wants to raise equity to invest in marketing. The B2B services company founder thought they were ready. I soon found out they are not. The … Read more