Remember when you sat in that meeting to discuss the latest product launch and you heard a twenty something roll through a virtual alphabet soup of social media acronyms, only five of which you knew. Right then and there you made a commitment to yourself; "Never again, this is to
7 Elements of a Business Plan
"Entrepreneurship is the management discipline that deals with situations of high uncertainty." - Eric Ries http://youtu.be/tqfL_ESHCrY?hd=1 Here's a short video (9 minutes) of the introduction for the financial management component of the mini-MBA course I was fortunate enough to teach last
The Profitability Paradox – Cash Flow Projections Why Successful Businesses Almost Always Rely on them First
All to often small businesses obsess on how much money they’re going to make, the total number of clients, and how much profit they’ll generate. What they lose sight of is the important third leg of the business stool, day-to-day cash flow; doing so almost always guarantees major problems whether
5 Cornerstones of a Powerfully Successful Business Development Pitch
photo: Aladair Middleton via Flickr You live and die by the pitch in business. Pitching is not a science nor an art & science it’s pure art. You have mere minutes to impress your audience and with success or failure hanging in the balance a tight relevant presentation is key. There are
Same as it Ever Was… But Worse
We're not going to nail it. Nothing could be truer in this day and age when it come to business planning. Undertaking exercises in long-range planning and forecasting assumes that the business' contextual environment has a level of stability and certainty… well at least enough to make us feel
What to Go Public But Can’t: This Method is Helping Growth-Stage Concerns Experience a Liquidity Event
Without a $500 million valuation any business concern looking to go public is being forced to cool their jets. Numerous systematic changes, driven primarily by the consolidation of institutional investors and the subsequent emergence of multi-billion dollar mutual funds, has resulted in the stock