Both Sides of the Table

SEPTEMBER 18, 2014

It’s like we need a finance 101 course for entrepreneurs. In finance they call it “terminal value” but the truth is the price is as arbitrary at your A round as it is at your seed round. I really just want to champion Finance 101 to entrepreneurs. There were no metrics. So a convertible note was easier.

venture capital 417

venture capital capital ventures finance 417

American Entrepreneurship

MAY 29, 2024

The most successful entrepreneurs are those who take the approach of seeking out those who can give the best advice when dealing with the challenges of growing their small business or startup. The Importance of Seeking Out Expert Advice Seeking out expert advice is crucial for small business owners for several reasons.

advice 98

advice construction board entrepreneurs 98

Entrepreneurs' Organization

JULY 6, 2020

Here is advice I collected for dealing with the stress of running a startup: 1. Brad Feld, a partner at Foundry Group and investor in many successful startups, gave me this piece of advice. I interviewed a number of prominent VC’s and entrepreneurs for my recent book. Remember that you are not alone.

peer-to-peer 321

peer-to-peer startup advice entrepreneurs 321

Entrepreneurs' Organization

JUNE 19, 2024

This experience allowed me to identify a critical void in financing companies: building healthy capital stacks and navigating the public offering process. With no revenue three years in and an ever-increasing pile of expenses, my personal finances took a hit. Loans replaced savings, and credit lines were stretched to their limits.

finance 255

finance financing entrepreneurship mentorship 255

American Entrepreneurship

JUNE 10, 2024

Timely financial advice is critical for a company to sustain operations when revenue growth stalls Whether through the loss of key accounts or business slumps tied to economic downturns, small business owners need to take actions that will keep their businesses going until new customers are found or the economy recovers.

advice 98

advice entrepreneurship sustainability finance 98

Revolution

MARCH 1, 2023

On the other hand, if the company does need to finance again, it is likely looking at a “down round” in the near future — a financing at a lower price per share than the previous financing. For companies in this position, the only valuation that matters is the eventual IPO or sale.

advice 147

advice founder finance financing 147

Young Leaders of the Americas Initiative

MARCH 17, 2020

The Avoider does not want to talk about money and goes out of their way to not approach their finances. Advice for better money management: Take control of your finances. Advice for better money management: Take control of your finances. Getting more comfortable about the realities of your finances is important.

advice 246

advice finance financing health 246

Berkonomics

JANUARY 20, 2022

None of this advice has changed… Let me tell you a few short hair–raising stories of entrepreneurs who have raised money and regretted it later. Don’t talk yourself into a high valuation for the first round of financing for any reason…. The post The best advice startups will never follow first appeared on BERKONOMICS.

advice 127

advice startup entrepreneurs investing 127

This is going to be BIG.

APRIL 11, 2016

Over the weekend, Rent the Runway held an event for its Project Entrepreneur initiative, which brought together over 100 female entrepreneurs looking to get education and advice on how to take their businesses to the next step. I'm not your finance bro. Two of the female founders were white and two were of color.

pitching 285

pitching finance financing entrepreneurship 285

Entrepreneurs' Organization

OCTOBER 2, 2020

What is your advice during this time of uncertainty? . Seek professional advice. One of the best pieces of advice I ever received—and that I consistently share with my clients—is that we should never make long-term decisions based on short-term emotions or circumstances, particularly when it comes to our finances.

advice 264

advice finance financing communities 264

Young Leaders of the Americas Initiative

MARCH 31, 2020

Can you expand on where you got your passion for personal finance management? This entire journey helped me to uncover my love for personal finance and I wanted to help others do the same. Is there any advice that you would give to other YLAI Network members regarding entrepreneurship?

entrepreneurship 245

entrepreneurship finance financing education 245

Entrepreneurs' Organization

OCTOBER 27, 2023

We summarize these pearls of wisdom in our new book, Smart Startups: What Every Entrepreneur Needs to Know — Advice from 18 Harvard Business School Founders. The book is full of insights and advice for every stage of your entrepreneurial journey. Here are three key pieces of wisdom to get you started.

entrepreneurs 251

entrepreneurs startup advice angel investing 251

Both Sides of the Table

APRIL 28, 2012

It’s a very common occurrence that a young startup with sub 20 staff and sub $2m in financing is racing around doing too many things. My advice? Let me explain. As a VC I regularly meet with companies and listen to their plans. This level of complexity always worries me. Spend it wisely.”

startup 415

startup advice VC finance 415

Both Sides of the Table

JANUARY 22, 2014

I had an enjoyable conversation this morning with a young team straight out of college this morning and they were calling to ask advice on how to approach fund raising (angels vs. VCs, how to select a VC, etc.) Startup Advice VC Industry' Deals done in your industry? It’s a bit of all of these. Photo Credit Jerry Motter on 500px.

VC 364

VC advice board leadership 364

American Entrepreneurship

JANUARY 5, 2025

Personalized Advice and Guidance One of the most significant advantages of one-on-one mentoring is the personalized advice you receive. With one-to-one mentoring, you aren’t getting generic advice you’re receiving insight applicable to your business.

entrepreneurs 98

entrepreneurs mentorship entrepreneurship advice 98

Both Sides of the Table

APRIL 27, 2013

They often ask whether they have to move to SF, NY or LA to get financed. ” I’m trying to get a feel for their commitment to local community versus being in a place where financing is easiest. “ Startup Advice' I have the same response always, “Where do you want to live?

VC 365

VC board communities pitching 365

Berkonomics

JUNE 20, 2024

Ever get bad advice? Ever take that advice without question because the person giving it was an investor, a superior in rank, the chairperson of your board? I’ll bet you have at least one story of bad advice taken and being bitten as a result. And the result for the entrepreneur for taking this advice? But I digress.

advice 62

advice real estate board angel investing 62

Source Link

JANUARY 29, 2022

Your local Small Business Development Center (SBDC), which can provide assistance with business planning, access to financing, counseling services and classes. Lean on advice from others who’ve been there before. What’s more, building your ecosystem upon trust and strong relationships can help your whole network thrive.

entrepreneurs 278

entrepreneurs support coworking spaces entrepreneurial ecosystem 278

Both Sides of the Table

MAY 19, 2013

Garcetti worked with LegalZoom, ShopZilla, Hulu and others to try and change the tax ordinance to support the emergence of our biggest tech companies in LA city only to be stymied by the head of the office of finance, Antoinette Christovale as outlined in this article. Startup Advice' As does the mayor of Austin.

communities 325

communities advice innovation finance 325

Both Sides of the Table

MAY 27, 2013

By spending more time educating your board on your business you get more valuable advice from them. In this period (less than 2 years) he has brought on incredibly talented senior execs is sales, marketing, product management, client services, finance, vp engineering and more. Startup Advice' .” His argument is as follows.

board 365

board VC advice pitching 365

Both Sides of the Table

MAY 15, 2013

Hold interviews with tech people, marking people, ops people, finance people – whatever. Startup Advice' I’ve been pitched by hundreds of entrepreneurs who never actually asked me whether I would invest. Very few people do. Here’s an experiment for you. It’s a skill you’re going to need as an entrepreneur.

advice 416

advice entrepreneurs entrepreneurship leadership 416

Both Sides of the Table

MAY 4, 2013

As an early-stage investor that is not always aligned with my goal, which I would express as, “pay the right price for the stage & risk in a way that is fair to the founders yet preserves our ability to grow into our valuation at the next financing event.” Advice to VCs Startup Advice'

advice 361

advice VC pitching entrepreneurs 361

Both Sides of the Table

MAY 30, 2015

I’m so tired of seeing young entrepreneurs get screwed by their angel investors on convertible notes and I know I can’t convince you not to do it so I’d like to offer one simple bit of advice to help you avoid getting screwed (at least on one part of your note). It’s the silent screwing that stings.

entrepreneurs 381

entrepreneurs VC advice finance 381

This is going to be BIG.

SEPTEMBER 12, 2018

If the person says no, you could ask them for suggestions on who you should talk to, or ask them their best piece of fundraising advice, or frankly, just give them their time back. That the market size justifies venture financing.” Is this a stage and sector that is a fit with your fund?” You don’t have the time for that.

pitching 247

pitching SaaS advice accelerator 247

Berkonomics

MARCH 20, 2025

If fixed expenses, especially payroll, are paid out before cash is received from services or shipments, the company is financing its growth with ever-increasing working capital needs. Many great businesses in their growth periods find themselves stretched for cash.

consulting 114

consulting energy disruption advice 114

Both Sides of the Table

NOVEMBER 11, 2013

If you’re an associate, an assistant, in finance or a new partner interviewing with the firm – you know what we expect! Startup Advice' And the most wonderful byproduct is that I believe it helps communicate with all of our team and with future hires what our expectations are. It happens from time-to-time. Glad to be back.

ventures 324

ventures VC strategy advice 324

Young Leaders of the Americas Initiative

JUNE 7, 2019

As an independent woman with a go-getter attitude, she shared insights with us into her life as an entrepreneur and what it was like getting YHS off the ground, as well as her advice for other young entrepreneurs in Latin America and the Caribbean. in-kind support”) instead of financing. Advice for Young Entrepreneurs.

entrepreneurs 214

entrepreneurs advice peer-to-peer sustainability 214

Young Leaders of the Americas Initiative

APRIL 15, 2020

Here is advice from our experts, Desde Cero Finanzas ‘ Julio César Pineda, and North Central College ‘s Dr. Ryan Decker, along with some additional resources, to help you focus on money management when you are not sure what is coming next. Managing your money during a period of uncertainty can seem like a daunting task.

creativity 246

creativity entrepreneurship advice finance 246

Both Sides of the Table

MAY 4, 2013

As an early-stage investor that is not always aligned with my goal, which I would express as, “pay the right price for the stage & risk in a way that is fair to the founders yet preserves our ability to grow into our valuation at the next financing event.” Advice to VCs Startup Advice'

VC 347

VC advice pitching entrepreneurs 347

Young Leaders of the Americas Initiative

APRIL 14, 2020

When looking at personal financing apps and resources, Dr. Decker recommends exploring which apps are available and might best fit your needs. What is your advice for a beginner investor? Advice from an entrepreneurship expert, with Professor Michael Goldberg. Another thing you have to do is reduce some expenses.

advice 246

advice communities entrepreneurship networking 246

Source Link

NOVEMBER 8, 2021

Using SourceLink’s comprehensive CRM system built specifically for entrepreneurship-led economic development, BizLink Orange leaders will be able to track network activity and engagement - looking at metrics like service delivery, connectivity, financing, talent and growth to help them make fact-based program decisions.

entrepreneurial ecosystem 240

entrepreneurial ecosystem entrepreneurship collaboration communities 240

NZ Entrepreneur

NOVEMBER 19, 2024

A separate business bank account draws a clear distinction between your personal and business finances. They can offer objective advice on everything from managing cash flow to securing funding. You don’t need to do any more scrambling to figure out if that coffee was a business expense or just a Monday morning necessity.

startup 104

startup consulting sustainability frameworks 104

Entrepreneurs' Organization

MAY 28, 2021

You’re in charge of operations, sales, marketing and finance. You can join business groups and share advice with other solopreneurs. With better knowledge of my finances and the ability to outsource administrative tasks to a VA, I was in a position to consider the big-picture strategy. You don’t hire employees.

entrepreneurs 306

entrepreneurs strategy sustainability finance 306

American Entrepreneurship

JANUARY 21, 2025

Maintaining tight control over your finances will help you navigate the ups and downs of the entrepreneurial journey. The startup ecosystem is filled with people who have walked the path before and are often willing to share their experiences and advice. Did you mismanage your finances? Was the product-market fit wrong?

founder 98

founder peer-to-peer entrepreneurship strategy 98

Both Sides of the Table

MARCH 6, 2016

Ironic to be self-centered while you’re trying to offer advice to others. I started doing SnapStorms, which are short burst of video around a certain startup or financing topic. I had blogged when I was an entrepreneur. I went to an industry event where people actually called me self-centered for writing publicly.

networking 230

networking advice VC finance 230

Both Sides of the Table

MAY 2, 2015

I can’t tell you how many people have thanked me for this advice and say their productivity increased exponentially. A great finance leader is on top of your numbers with such precision that you don’t have to worry about it. We brought in Cynthia Stephens to head up finance at Invoca.

board 338

board energy finance financing 338

Both Sides of the Table

JULY 9, 2013

But you have no choice since in the first few years everything you do is about showing results to justify financing to continue your operations. Startup Advice' Untrained people in sales are less good about prioritization – they like taking meetings with important people who are nice to them.

peer-to-peer 324

peer-to-peer advice technology innovation 324