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The Case for Optimism and Risk at Startups

Both Sides of the Table

But then one person – who happens to be a physicist – wrote a back-of-the-envelop calculation of uBeam and said it’s not physically possible. Even bigger is the desire to stick one’s middle finger up at all of the people who doubted you all along. I’d love even 0.5% ” Give me a flipping break.

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Is it Time for You to Earn or to Learn?

Both Sides of the Table

Not every job you have is supposed to be your big break. I will do a simple calculation for them that goes like this. Simple math would have solved that but people rarely do the calculations or think about it. He’s not even 21. It’s Ok for that to be your job to “learn.&# . It was 1999.

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How Much Money Should You Raise From Venture Investors?

Dream It

getting to cashflow break-even so you don’t have to raise again). Remember, when you’re calculating “use of funds”, everything needs to align and support how you’re going to achieve your fundable goals. Inflection points don’t always have to be tied to short term liquidity (e.g. Hiring 3 salespeople is not a fundable goal.

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The Founder’s Playbook: Winning Mindsets & Startup Strategies

American Entrepreneurship

Someone with an entrepreneurial mindset identifies opportunities, takes calculated risks, and persists through challenges to create and grow businesses or initiatives. Entrepreneurs must be creative enough to innovate, disciplined enough to stay focused, resourceful enough to do more with less, and bold enough to take calculated risks.

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Run Your Business for the Present

Entrepreneurs' Organization

Build people up “So, to me, if I don’t have good employees, or if I don’t even have enough employees on a given day, my business does nothing,” Monish says. Turnover in Monish’s franchises is low but, even better, there are rags-to-riches stories that echo his own. I’m not worried about customers — they will come.

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Journeymen, Mavericks & Superstars: Understanding Salespeople at Startups

Both Sides of the Table

They work through ROI calculations with customers. Even though they’re great at process you can tell when you spend time with them that they miss some sort of “spark&# that you’re expecting in a sales person. They’re not afraid to break a few eggs along the way – nothing ventured, nothing gained.

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Angel Investing 4 – Why You Need Deep Pockets to Win Big

Both Sides of the Table

Each card reveals more information to calculate your odds of success. If the companies hit a rough patch – and let’s be clear that most companies DO hit a rough patch, even successful ones – then angels are vulnerable without deep pockets. This is hard to do when you don’t have enough chips on the table.