Business
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How to Derive Revenue Streams for a Business
Would I survive the first year of business? Would I get adequate funding from third parties? Would I need to burn through my own savings? Will I be able to pay the rent? Turns out: Yes! How did I get there? What financial decisions did I make? I will explain the above chart in this article… Decisions As entrepreneurs, we make an incredible amount of decisions on a large array of topics. One of the most important topics in a young business is the financial topic, which is closely related to the growth topic. The following TL;DR will summarise these particular decisions: Does my business want to grow fast? I…
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The Many Hats I’m Wearing as a Founder
The roles people have in companies are not secrets to anyone. Nor are they surprises. Yet, when creating a company, they’re easy to overlook, with devastating business implications. When starting a company, you will have to do things you never did before. Things you don’t know how to do. Things you don’t like doing. Things you didn’t know needed doing. Things you thought didn’t need doing anyway, and which you may have been cynical about. I most certainly have been. This gets “worse”, or let’s say more challenging and interesting, when you’re alone in the company. Wearing hats I like the metaphor of wearing hats. Because that’s what I’m doing…