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Is (Lack of) Cash Flow Killing Your Business Partnership?

Yes, lack of cash flow can kill any business, but it seems to hurt more in business partnerships. 

First, there's the denial phase ("sure, we can continue to meet expenses and take our monthly draws").  Then, there's the belt-tightening phase ("we'll hunker down, but this, too, shall pass").  And then, like a slowly seeping poison, there's the finger-pointing stage ("you're taking more than your fair share"; "you authorized paying for that new co...

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Florida, the Next Hotbed of Venture Capital?

My mom is way ahead of the New York Times. For years, she has been sending me any piece (however small) of news about venture capital and Central Florida. Her motives are beyond purely making sure I'm up-to-date on the latest technology investment news; she's on a mission to get me to move back to my home state (for those of you interested I'm a native of Titusville. What you haven't heard of it???) Problem is, I'm a high tech guy (mostly softwa...
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Time to join a startup? - An academic exercise

I know a few folks who have left large(r) firms to join (existing) startups recently. I posed the question "Is this is really a good time to join a startup?" to my fellow Enterprise Irregulars because of the amount of both startup and large company experience in that group (Note: please don't read anything into this question, it's an academic question only on my part. I should repeat this in German just so there's no misunderstanding at HQ: Ich ...
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Census Study Shows Small Businesses Create Jobs, Not Politicians

My friend Ben Cunningham with Taxing Tennessee writes about a new study that shows once again that it is entrepreneurs who create jobs, not politicians. 

I understand that [Tennessee Governor] Phil Bredesen and his fellow politicians want us to love, admire, revere and most importantly VOTE them for "creating jobs" but the facts show that jobs are created by small entrepreneurial start up firms. The same firms that go about their busines...

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Plenty of time for that later

Before I started TechStars, I was looking around for a few opportunities to get involved with interesting new startups as a founding CTO. A couple of really interesting ones came along, and I remember having to make a conscious decision between starting TechStars and doing another startup.

I distinctly remember one (great) guy who was recruiting me be his co-founder saying something like “You can always do something like TechStars later in life, ...

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Everyone ought to try it at least once

"I'm kind of the spinning plate lady," Glenna Mae Hendricks said of her small business enterprises. 

You know Glenna Mae as Maesz, one of our contributors here. She was also one of the featured speakers at the recent entrepreneurship event in Alva.

"I've been an entrepreneur since the early 70's," she said. "I'm kind of the example of don't do it my way."

She and her husband had no resources and no business plan.

"You just had...
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8 Tips to Survive and Thrive Today

1. Invest in Your Employees.

The most valuable, the most productive, asset for every company is theemployee. The employee is the asset that creates the strategy and thenexecutes it to deliver the brand that makes the customers happy whotell their friends who become customers who experience the brand whotell their friends...The employee finds innovative solutions to newchallenges, works the long hours away from their family, finds newproducts...A ...

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Mistakes: Thinking small about fees

Scott White, The BIG Kahuna, shared a story of a small business mistake:
Last night my wife and I went to a birthday dinner at one of the nicest St. Thomas restaurants. We really happen to like this restaurant. There were 8 of us in total. The food was fantastic. The service was white glove.
What could go wrong? Read the rest of the story at Thinking Small, then come back. Don't forget to read the comments, too!

(humming the Jeopardy! th...