Remove wise-well
article thumbnail

Oh, go ahead and ask for $5M for your startup.  

Berkonomics

Third (if you’re keeping score), it is not wise to dilute the founder’s ownership greatly in the first round of financing. Second, almost no professional investor will consider putting that much into a startup until there is proof of market demand, product viability or some other mitigation of failure.

article thumbnail

Why Navigating Politics Matters Even in the Most Innovative Environments

StartupNation

Be the person who communicates well across functions, translates needs, and reduces friction. Stay Close to the Founders—But Not Too Close If you have access to leadership, use it wisely. This agility earns you respect. Be a Bridge, not a Barrier Cross-functional collaboration is vital. Sales needs Product. Marketing needs Engineering.

Insiders

Sign Up for our Newsletter

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

article thumbnail

8 Must-Have Tips to Protect Your Startup

StartupNation

Embrace Technology—But Choose It Wisely Every startup relies on technology, but not every tool delivers real value. When you add a new software or AI tool to your stack, you need to ensure it integrates well with your current systems. Recognize that your well-being directly influences your company’s long-term success.

article thumbnail

“I think viewing your board as an audience to be ‘sold’ to instead of a partner in your journey will orient your board to be less trusting and collaborative.” Five Questions with Nilam Ganenthiran, Former President of Instacart

Hunter Walk

In retrospect, it was not a very well thought out decision. What advice would you give a startup CEO about how to shape an effective Board and use them wisely? We made it based on a gut feeling, a desire to be part of something that had a chance to make a big difference, and trusting the team building Instacart.

article thumbnail

Three common design and branding mistakes made by NZ SME’s

NZ Entrepreneur

Be consistent in with your brand, communication, and marketing There’s a wise saying that says, “Be faithful in the small things.” It could be the difference between business growth and business stagnation. Brand refresh, design and packaging by Eden Design for We Love Local / Kāpiti Goodies. What does consistency look like for your brand?

article thumbnail

Essential Tips for Small Business Owners to Improve Cash Flow Management

American Entrepreneurship

In this article, well explore essential strategies to help small business owners improve their cash flow to maintain a positive cash position for financial stability. Manage Expenses Wisely Poor cash flow management often occurs when there is insufficient oversight of company expenses—particularly the absence of a budget.

article thumbnail

How never to run out of cash!   

Berkonomics

Well, almost. I had wisely suspected this payroll company already and had the company switch to QuickBooks Payroll at the start of the new quarter. It is now years later, and our company as well as others have double-paid all the taxing authorities those missing taxes, including interest, but with penalties waived.