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Some thoughts about advice

​You have launched your startup and things seem to be going well. ​ You may have even secured seed funding or may be even ​raising the next rounds. You have a few mentors telling you what you should be doing. There are many decisions to make, many strategies to consider… Actually way too many! After 30 yrs in the business world, ​and being on both sides of the decision making process, ​here’s what I learnt ​about advice ​from those who […]

It’s tax  time again

It’s tax time again

What Is the Small Business Tax Rate? The small business tax rate for 2019 is a flat 21% for a C-corporation. On average, the effective small business tax rate is 19.8%. However, businesses pay different amounts in taxes based on their entities. Sole proprietorships pay a 13.3% tax rate, small partnerships pay a 23.6% tax rate, and small S corporations face 26.9% tax rate. C corporations pay 17.5%, though it’s hard to compare the rate faced by this type of […]

Quick reading material before our mentoring sessions

Quick reading material before our mentoring sessions. These article provide some guidance on how the proper presentation collateral (elevator pitch, exec summary, deck, website, video) should be, not only from the perspective of the startup entrepreneur but also from the views of investors (What investors are looking for) This provides you the key points and insights investors are looking for in a good presentation (before making an investment). http://startup-port.com/references/is-your-pitch-confusing-a-confused-mind-never-buys/ http://startup-port.com/references/dos-donts-start-ups/ http://startup-port.com/references/the-art-of-the-elevator-pitch/ http://startup-port.com/references/why-true-investors-insist-on-a-one-pager/ http://startup-port.com/knowledge-base/tips-perfecting-elevator-pitch/ http://startup-port.com/references/the-real-reasons-why-a-vc-passed-on-your-startup/ http://startup-port.com/references/selling-is-as-important-as-having-a-great-idea-in-the-first-place/ http://startup-port.com/references/here-are-22-reasons-we-will-not-fund-you/ […]

Mind your mental health

Startup founders and investors should pay attention to mental health and wellbeing. I read this great article on TechCrunch about this subject. Here is the link: “Investors and entrepreneurs need to address the mental health crisis in startup:  https://tcrn.ch/2Sr77BF The lifestyle for building the next big thing is most of the time a hustle. And I guaranty you that a 40 hours a week is not part of an entrepreneurs’ vocabulary. There is a great misconception that in order to succeed […]

Embracing criticism with the right emotional intelligence

Embracing criticism is hard! “You may not realize it when it happens, but a kick in the teeth may be the best thing in the world for you.” A quote from Walt Disney from the book “The Story of Walt Disney” There’s a lot to be learned from that sentence. As you go through life, there will be no shortage of critics and persons telling you what you need to improve or what you can do better. You could label all […]

Your Life is Your One and Only Room!

Anyone who’s serious about success understands this truth: The People In Your Circles Determine Your Trajectory. It seems like a simple concept, but it can seem remarkably difficult to curate the people you spend time with, considering your family members and people you work with can seem like factors outside of your control. Your life is one room The mind trick they put forth is this: Imagine that your entire life is lived in one very large room (as […]

Few things we can learn from Millennials

Few things we can learn from Millennials   My friends and colleagues know, because of our business, I work the majority of my time with the Generation Y crowd, or the Millennials. Having almost more than thirty years difference between me and them has some pluses and to be frank some minuses too. But I can’t complain, their world views help give me a new and more meaningful perspective on life. Millennials get a bad rap. But honestly, they don’t […]

When jobs are created for sake of creating jobs…

A bullshit job is one that even the person doing it secretly believes need not, or should not, exist. Bullshit jobs and the yoke of managerial feudalism: https://www.economist.com/open-future/2018/06/29/bullshit-jobs-and-the-yoke-of-managerial-feudalism? via @TheEconomist […]

Asking instead of Telling

The life-changing art of asking instead of telling By Lila MacLellan, as appeared on Quartz, November 22, 2018. Link: https:/qz.com/work/1472600/   The most satisfying, potentially life-changing books about management are inevitably those that are really about our wider culture. Whether at work, or at dinner parties, or home with our families, how do we behave around other people? And how are we complicit in what’s not working? A perfect example of this kind of book is Humble Inquiry: The Gentle Art […]

An introvert’s guide to sales and fundraising

An introvert’s guide to sales and fundraising By Banks Benitez, as appeared on Quartz, October 23, 2018. Link: https://qz.com/work/1433979/   When I imagine the quintessential salesperson, I think of an extroverted, persuasive, life-of-the-party charmer who—by sheer force of charisma and personality—is able to convince people to buy a product or service. I’m not alone in thinking this; it’s a widespread belief that an extrovert makes the best salesperson. Fortunately for me, an introvert who is often engaged in salesmanship, this […]

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