Pivoting has become a bit of a buzzword in the startup world. While the concept has been around as long as people have been doing business, it was only applied to the startup world only about 20 years ago. Then it took the coronavirus pandemic for the term to spread even further and become part […]
Need a New Start? How, When and Why Tech Startups Pivot Read More »
All of us have heard the saying ‘There are no stupid questions.’ There are different stories about the origin of the phrase. One of the most credible explanations is that it was developed in the context of education to remind teachers that students had a right to ask questions about things they hadn’t understood. In
Banking and finance have dominated headlines in the last month. From the collapse of Silicon Valley Bank (SVB) to the crisis at Credit Suisse, and impending crises at other big-name banks, banking news has filled the front pages. If you’re following banking news, you’d be forgiven for needing some time to catch your breath. But
Founding a tech startup is unlike anything else you will ever do in your life. No matter how much planning you do before setting off on the tech startup journey, you’re likely to encounter unpredictable waves and rough waters, but sometimes life will also be plain sailing. Why all the nautical metaphors, you ask? Let
When First Responders train to deal with all kinds of casualties, they obviously learn all manner of skills. One stands out among the others, and it’s a philosophy more than a skill: think before you act. Applying that to your tech startup – or really any business – can help prevent mistakes and save time
Think Before You Act – And What That Means for Tech Startups Read More »
Understanding your startup’s finances does not need to be hard – that’s been the tenor of our past few blog posts. This one continues in the same ilk. We’re shedding some light on two basic tech startup finance functions, bookkeeping, and accounting. Aren’t Bookkeeping and Accounting the Same? The short answer is no. They are
Bookkeeping vs Accounting: What’s the Difference? Read More »
Finance might not be the reason why you founded your startup or early-stage company, but it is critical to helping the business grow. With our blog, we’re hoping to bring founders and business owners closer to finance, and this one is no exception. A few months ago, we took a brief look at the Basics
Understanding your Cash Flow Statement Read More »
