You have one job as a CEO: don’t run out of money.
Being on top of your Financial Model and business budget can make the difference, and allow managers and founders to make game-changing decisions. The decision to delay a hire or a marketing campaign can get you over the edge, or save somebody’s job.
As your team grows, as your company grows- the weight of these decisions gets significantly higher, and a good financial model is the best way to make educated decisions most of the time.
Our company, Slidebean, is a venture-backed startup based in New York. In…
Going pulbic is the ultimate graduation for an entrepreneur. The black belt. The Academy Award. The olympic medal. Listing your company in the New York stock exchange.
And it’s also one of the most complicated, expensive, and dangerous processes a company can go through. Last year, WeWork almost went out of businesses because they tried to go public.
More recently, as with everything in business- somebody found a legal way to cheat their way to going public, a method called a SPAC; and it may be one of the drivers to the new stock market bubble of the decade.
Most startups are obsessively focused on how to find investors to back their idea. Someone to take a chance on them. Someone who wants to get behind the “next big thing.” But often founders are perplexed on how to find those investors, why it’s taking so long, and how to speed up the process. Let’s dive in.
Ok, no matter what kind of startup you are, the first thing I want you to think about is: do you really need outside investors…
Have you ever lost a game of Monopoly? You probably have. So, you know that in this iconic capitalist game, you lose when you don’t have enough money to pay.
When your cash is already running low and the roll of dice lands you on the most expensive properties, you know you’re on your way out of the game.
You can literally go bankrupt and sell off your little houses, hotels, and mortgages, to get some cash back and pay your debt. And if that’s not enough, you’re out. …
A critical skill that founders and startups need is estimating accurately. But, this is a huge area where most people struggle. Think of all the estimates you need nearly every single day as a founder running a startup:
-When will the next product version be out?
-What do our quarterly and yearly sales forecasts look like?
-How many people should we hire and when?
-How much should we raise?
The list of what you need to estimate is nearly endless. And if you can’t *accurately* estimate you are going to be way off in so many things. And NEWS…
Alright, so let me make a confession. I don’t know enough about the dot-com bubble, and I should, being a tech company CEO, you know.
And mind, you, I’m 32. I was 12 years old at the change of the millennium, but back in 99' all I cared about was my N64.
What I know about the dot-com bubble was this massive overhype on internet businesses that happened in the year 2000-ish, which led to a massive market crash. That I know.
And, and,… there are some keywords in my head, like eBay and Amazon. …
Is it taking quite a while for accounting to get to finalized audits or financial reports? Maybe your startup is just getting started with internal expense tracking. Or perhaps this is the first time you’ve been asked to file an expense report. There’s absolutely no shame in any of that. And the process doesn’t have to be daunting.
We’re actually here to give you tangible ways to ease your reporting needs with all you need to know about expense reports.
Cut back on time spent furnishing these files. And learn about innovative ways of letting expense management software deal…
These two companies have been holding grudges for years, and now Apple is hitting Facebook where it hurts. Right where it makes money. If anyone still didn’t know, Facebook makes money by powering the ultra-targeted ads you see online.
Yes, those ads can get kind of creepy at times when they pop up to show you products that you may have talked about recently or even just thought about.
And the magic behind the creepiness relies mostly on intelligent trackers that follow you all around the web and the apps you use to learn from your behavior and habits…
When you live and breathe Software as a Service, terms like ARR, MRR, LTV, CAC become just part of your daily slang. Gross vs. Net MRR Churn, and how is it different from Customer Churn.
It’s a real mess. So much so that for new company employees, I sometimes do a group class on ‘understanding SaaS’ to make sure they understand the language I speak after 6 years of running a SaaS company.
In this article, we’ll go over,
Our Youtube channel grew from around 30,000 subscribers to just over 200,000 subscribers in 2020. A silver lining in an otherwise shitty year.
But if you’re new reading this, it might surprise you to know that Slidebean’s Youtube channel is, for the most part, just a marketing channel for us.
I didn’t start as a Youtuber, nor did I intend to become one. I’m the CEO of this venture-backed startup called Slidebean, and our core business is helping startups succeed, not just making cool videos.
Slidebean helps startups raise millions with awesome pitch decks.