This post is aimed at the entrepreneur on a tight budget who is going to have to go it alone, at least initially, without any outsiders bankrolling his or her venture. (That’s about 95% of us.)
Research conducted into the Inc 500 startups over the years and has identified a theme running through many of them. Let’s take a look at a few.
Early on in my career as a business broker, I discovered that businesses with recurring revenues tended to sell at dramatically higher valuation multiples than comparable businesses without. Let’s take a look at some of the benefits of having all or a substantial portion of your sales coming in as recurring monthly revenue (“RMR”) or repeat sales to the same batch of customers.
If you’re struggling to raise seed or startup capital from investors, odds are high that your pitch stinks. This applies to 99.99% of entrepreneurs.
Master pitchman Oren Klaff shares his secrets on how to pitch successfully in any business situation.
Watch the video.