Here’s our weekly link roundup of small business buzz, musings and muchness. A curation of the best small business talk around the web.
U.S. Startups Rake In Most Venture Capital Since Dot-Com Bubble. “U.S. venture capital firms splashed out more money in the second quarter of 2012 than they have in any quarter since the dot-com boom, according to a forthcoming report from venture capital database CB Insights … Whether you see this as cause for celebration or alarm depends on your degree of bubble-phobia.” (Slate)
Entrepreneurs’ Biggest Sales Mistakes. “When an entrepreneur decides to start a business, there are typically several important tasks at the top of his or her To-Do list … Too often, there’s a task that’s far down this list of priorities that deserves to be much higher: Making the company’s first sale.” (Harvard Business Review)
How to Blow Up a Start Up – The Biggest Financing Pitfall for Entrepreneurs. “The overwhelming majority of these early-stage public companies generate no cash flow, revenue, or earnings. They exist solely at the whim of friends and family and the financial markets willingness to fund a potential “world class” discovery. This style is akin to playing the lottery where all you need is “a dollar and a dream.” (Forbes)
What to Know About Investing in Your Own Business. “First-time entrepreneurs don’t think of themselves as business investors, but they are. And, just like high powered venture capitalists, entrepreneurs can strike it rich if the value of their equity stake in a privately-held business grows to an eye-popping sum.” (Fox Business)
Five low-cost tips to fire up your staff. “Small business owners, who are unlikely to have the budget for substantial pay rises or cash bonuses, need to try other ways to engage their staff and get them working to their full potential, human relations experts say.” (Stuff)
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