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How much money should a Fintech startup raise

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You may have a revolutionary idea that will change the fintech industry. You might even have the blueprints, developers, and PR vision to make it happen. But you need money to take it past the concept.The seed investment round is the stage in which you raise money to get your startup off the ground. It is meant to support your company until its generating its own funds. The question every fintech innovator needs to ask is, how much money do I need at this stage? Let’s look at a few big and small fintech companies that have launched in the [...]

Top Startup Mistake: Unrealistic Forecasts

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True story: I sat down for lunch with a friend, a Sand Hill Drive venture capitalist. When I asked the standard “How are you,” he answered: “If I see another hockey stick forecast this week, I’m going to throw something at somebody.” That was so long ago that I had to ask him to explain the hockey stick metaphor. He answered: “That means that sales are going along flat and boring, with nothing happening—but things are going to shoot up as soon as I get your money.” Sales forecasts should rest on assumptions The underlying problem isn’t the contrast between [...]

20 Sales Contest Ideas Guaranteed to Motivate Your Team

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In order to make more sales, you need to find a way to really motivate your team. If you don’t have a huge budget to work with, that might seem difficult or even impossible to do. But there are some low budget ways you can motivate your team and incentivize great work. Contests and other fun incentives can be a great way to bring your team together and get more done. Here are 20 different sales contest ideas you can use to do just that. Sales Contest Ideas Salesperson of the Month Having an employee or salesperson of the month [...]

The Spotlight’s On You—Your Customers Notice More Than You Think

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You may think that you and your work goes unnoticed by your customers. Sometimes people don’t notice, but other times, they are paying attention. Here’s what you may not realize that your prospects and customers are noticing when they look at you and your work. Cutting corners will create problems for you later. Some salespeople think it’s acceptable to cut corners. They think, why not? No one will notice. And yes, sometimes customers won’t notice, but it’s a horrible idea. What I have found is that when salespeople cut corners, they create problems for themselves down the road. Selling requires a [...]

Starting Your Own Business (Part 2)

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How do you start a business? In seven easy steps, that’s how! (In part one of this article, I covered steps one and two). Step 3: Write a business plan: You will need a business plan for a couple of different reasons. The first is that it is needed in order to get any type of financing. If you will be going to a bank to get a conventional loan, your banker will want to see your business plan. If you will be looking for a business partner, he or she will want to see it as well. That said, [...]

Basic Steps To Start A Laminate Flooring Business

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While most people prefer other businesses, some people get into laminate flooring business. Like any other business in the world, if done right, it's a quite profitable business. Laminate flooring has been successful since it was introduced on the market, first in Europe and then in the United States in 1996. Here are some basic steps to follow before you start your laminate flooring business: 1. You should make specific short and long-term plans with clear goals and ways to evaluate them. Determine the resources needed such as the place from which you will work, people, money etc. 2. You [...]

How Proper SEO Can Boost a Startup Or Budding Business?

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There is no doubt about the fact that for a successful business it is important to have a product or a service that is unique and unparallel. One small exclusive idea can prove to be a complete game-changer for your business. But it is also true that understanding the business market is important so that you can implement your tactics and strategies accordingly. The importance of making commendable online presence is very important for any business now. Majority of the people try looking up the internet for any kind of information regarding the business before investing in the product or [...]

At Repair Cafes, ‘Beloved but Broken’ Possessions Find New Life

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The Repair Cafe concept has its roots in Amsterdam, where Martine Postma, a former journalist, came up with the idea after the birth of her second child prompted her to think more about ways to reduce the waste going into landfills. Repair Cafe started in 2009 and spread across the Netherlands. Today, it has more than 1,100 sites in almost 30 countries. Photo Helen Karsten with a stuffed animal in need of mending. Credit John Wackman Clothes, books, dolls, stuffed animals, bicycles, appliances, chairs, jewelry, electronics — if they are broken, ripped or inoperable and you can carry it in, [...]

6 Tools to Help You Manage a Remote Team

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In the last few years, remote work has become an attractive solution for many employees and employers. Around 67 percent of companies allow some employees to work from home on occasion, and 38 percent allow employees to work remotely on a regular basis. The perks of a remote working situation are pretty obvious for employees, but there are also several amazing perks for their employers, too. Studies show that remote workers are often more productive and more satisfied with their jobs. Companies also save on overhead costs for office supplies, space, and computers when they employ remote workers who use [...]

7 Tips To Draw in Instagram Followers

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Getting more Instagram followers is often down to the quality of your account – so here is how to improve it. 1. Post Photos that are High Quality If you are posting photos that are not properly shot, blurry, taken with a greasy lens, then do not be shocked that old Grubby McBlur’s channel is not receiving any subscriptions. Instagram is the ideal place to share the photos you shot from your cell phone, however if you have a camera that is not up to snuff, it may be a better idea to take your photos with a DSLR and [...]