Quite the Contrary . . .
Clean Up Your Accounting Files
Poor accounting records are a very bad reflection on management. Consider cleaning up your accounting files and procedures before seeking outside funding.
Partnering with Amazon
Partnering with Amazon can be very rewarding . . . or it can be the opposite. Consider both the upsides and downsides before joining Amazon Seller Central.
Boston is a Great Place for Startups
Boston is a great place for startups. It has first world startup services and resources, coupled with third world roads and mass transit.
More Money Than He Knows What to Do With
Attracting angel investment is a challenge. It is an even more difficult task if one chases famous entrepreneurs and/or industry experts.
Valuing Your Pre-Revenue Startup
Pre-revenue startups are risky investments. Ignore the $ billion success stories and take time to understand how investors look at and value such companies.
Work At Home If You Can
Employees who work at home are more productive than their office counterparts. They are happier, too. Companies that recognize this can benefit.
Loan Shark at the Supreme Court
We live in a litigious society. Losing a court case can be disastrous. If your case has gone to the Supreme Court, winning may prove to be a pyrrhic victory.
The World is Calling. Don’t Answer.
When the world calls, it might be best not to answer. Not every potential sale is a good one. The opportunity cost of some sales is too high.
Change Is the Only Constant
Over 2,500 years ago, the Greek philosopher Heraclitus wrote that change is the only constant in life. It’s even more true in today’s startup world.
Cherry Picking
It’s always cherry picking time at “Newco.” Confirmation bias is a cognitive weakness frequently observed in startups, where conditions foster its spread.
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