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The 3 Biggest Mistakes Business Owners Make When Selling a Company

by / ⠀Entrepreneurship / April 5, 2019
What to do — and not do — when selling your business

When you’re a business owner, the sale of your company can be one of the most bittersweet experiences of your professional career. But if you expect to enjoy more of the sweet and less of the bitter, it’s crucial to avoid committing certain all-too-common mistakes. The Three Mistakes You Want to Avoid Selling a business is a challenge. It doesn’t matter how big or small, successful or unsuccessful,…

Tackling the Question of Valuation for Seed-Stage Startups

by / ⠀Entrepreneurship / February 4, 2014

How much should I raise? How expensive are your experiments? In any startup, there are huge risks in your future. Your job as a seed-stage company is to identify the biggest risks and tackle them first. Money doesn’t buy you a ticket around these risks. Instead, fundraising allows your team to build experiments that attempt to solve these challenges. At LabDoor, the most expensive part of our early…

Stop Pitching! It’s’ NOT Genuine

by / ⠀Funding Startup Advice / February 17, 2012

I’m really sick of these startup pitches. Their businesses are usually miles apart, but listening to their pitches make them sound all the same. It’s so damn generic! “So… how do we solve this?” “With out us…users…would be lost…” “We help grow online communities…to reach their full, potential” “This is a $500…million dollar market…If we reach…10% of this market, we’ll be successful” “Our Team consists of myself…I have…

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