If you’ve ever taken the leap of starting your own business, you’ve likely experienced an emotional rollercoaster. Your business seems like it’s going well, and you’re on a high one moment. Then you encounter a setback, and you feel low the next moment. And, this...
Starting a Financial ForecastMany entrepreneurs struggle to put together the financial forecast for their businesses. However, understanding your business’ financial outlook is a critical component to making sound strategic business decisions; building relationships with potential team members, suppliers and investors; and relieving stress by planning...
The Right Business IdeaAs an entrepreneurial person, you probably have no shortage of business ideas. It’s not difficult to come up with potentially great business opportunities. But starting a business is challenging and takes significant energy. If you try to develop multiple ideas at once,...
A Five23 Guest Post by Erik Hayton.Erik is the CEO of Wedding Nook and a 4x Founder who occasionally writes, speaks and consults in areas of entrepreneurship and business development. How to beat the odds; an honest look at entrepreneurship If you spend as much time online...
When a startup begins to raise venture capital, the last thing on their mind is the thought of an investor destroying their startup. Though it is rare, and in the majority of cases is not on purpose, it does happen; and you as an entrepreneur...
Want to raise capital? Are a few questions you need to be able to answer first.Forbes describes a startup as “...
Can you name a company that has gone out of business? There is a plethora of failed companies to choose from and we’re sure you will have no problem finding one. Companies like Blockbuster, Radio Shack and Pan Am have all closed their doors for...
Over the last three years there has been a divergence between the amount of money invested in Startups and the amount of Startup Valuations. We have seen investments from Angel Investors all the way up to Series B rounds, go down by almost 50% since...