Question There are two partners. One partner has invested a large amount of cash. The other has invested strictly time, which if fairly valued would also be a large amount of cash. Is it reasonable, or acceptable to indicate the value of time invested in the form of a cash value as a “Startup Expense” [...]
{ 2 comments }
Fascinating article from ReadWriteStart about what the iPad could possibly mean to start-ups. In a word? Instant Demos. “Startups and entrepreneurs will benefit immensely from the ability to create documents, spreadsheets and presentations on-the-go, allowing them to take their product pitches with them wherever they go. When they meet people at events, they can whip [...]
{ 2 comments }
Here’s a question I got yesterday in e-mail: I’m 25. I have a good degree, I did OK with my own online business, and then I did really well in a dealership, brick and mortar, selling major brands. But I want to go back and start my own thing again, only slightly different than where [...]
{ 3 comments }
Pop-up shops seem to be going mainstream this year. A Time.com story, Why Pop-Up Shops Are Hot, looks at this new retail business model. While pop-ups have had a dubious reputation in the past, of being fly-by-night outfits, they have recently been gaining respectability. The main indoor retail mall here in Eugene, Oregon has had [...]
{ 2 comments }
“Unconsciously, everyone expects a startup to be like a job,” says Paul Graham, programming language designer, author, and venture firm partner. “It explains why people [in startups] are surprised…and why the surprises are so extreme.” Graham’s recent post, What Startups Are Really Like, talks about the surprises in startups. He sent an email to all [...]
{ 1 comment }
John Jantsch from Duct Tape Marketing is hosting a live panel webinar Wednesday, May 20th at 9am PDT/Noon EDT. John will be joined by Ken Yancey, Jr, CEO of SCORE, Tim Berry, founder of Palo Alto Software, and Rich Sloan author of StartUpNation to talk about starting a business. Collectively, this group has poured over [...]
{ 1 comment }
(Note: this is posted here with permission from Bplans.com, where it originally appeared.) Last night we were talking about getting angel investment and valuation, which is one of, if not the, most important points in the discussion. Valuation is essentially price. Say you want to bring in $150,000 from an angel investor. The immediate question [...]
{ 1 comment }
When I started my business in 1983, money was my biggest obstacle. I had a good job, which I left on purpose, at a time when mine was our only income. We also had heavy debts left over from business school, plus four kids; the eldest was 10, the youngest was 1 year old. There was also the [...]
{ 2 comments }
Economic hard times are upon us for a while, yes, but don’t panic. Focus. Plan better. Hundreds of thousands of new businesses will start up in the next year, recession or not. It will be relatively harder to get outside investment and relatively harder to get business loans, but business goes on, and businesses will [...]
{ 1 comment }
Subscribe via RSS
