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7 Reasons You Don’t Want to Start a Business With Friends

Entrepreneurs' Organization

If you let them control and manipulate you rather than controlling them, emotions can ruin your startup. Are your friends really suited to the roles you need in a startup ? Of course, to solve this, you can look for professionals to add to your team, but what use are your friends then? Your Finances Will Be Quite Strained.

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4 Finance Lessons for Rookie Entrepreneurs

Entrepreneurs' Organization

Finance is a common source of both challenges and opportunities for a growing company. Learn these foundational finance lessons now to set yourself up for success: Avoid the sunk cost fallacy. For example, you might’ve chosen the wrong project management tool but continue to use it because you feel guilty about “wasting” money.

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Important Updates for Startups on the PPP and the CARES Act

Dream It

Friday, April 3 was supposed to be the orderly launch of the CARES Act Paycheck Protection Program (PPP) providing $349B of urgently needed funding to struggling startups and small businesses. After PPP is finished, I don't think bankers in the US will ever again acknowledge the letter P as a letter in the alphabet.

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The business model of the future

Entrepreneurs' Organization

Companies that embrace this new model, called interaction field companies, generate, facilitate and benefit from interactions and data exchanges among multiple people and groups—from customers and stakeholders, but also from those you wouldn’t expect to be in the mix, like suppliers, software developers, regulators and even competitors. .

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Technology Trends: 10 Areas of Innovation to Watch for 2012

This is going to be BIG.

With the release of iCloud, that's less of an advantage now than it used to be. Adding a phone to that mix as the person paying seeing unnecessarily complicated, especially given the battery life issue. There are a lot of things I love about my Android phone--like the easy integration into the rest of my Google life.

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10 Startup Shortcuts That Will Be Back To Haunt You

Gust

I’ve been advising and mentoring startups and growth companies for years, and find myself always pushing them to try something new, for the sake of growth and survival. Later, when your venture is trying to close on financing, or even going public, that forgotten partner surfaces, demanding their original share.

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Revenue-based financing startup Jenfi raises $6.3M to focus on high-growth Southeast Asian companies

TechCrunch

Many Southeast Asian digital businesses run into obstacles when seeking early-stage growth financing. That’s where Singapore-based Jenfi comes in, providing revenue-based financing of up to $500,000 with flexible repayment plans that co-founder and chief executive officer Jeffrey Liu refers to as “growth capital as a product.” .

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