Posts Tagged ‘startups’
The last mentioned opportunity is actually not a startup yet as I am in the information-gathering stage. Whether I decide to promote it to a viable startup depends on the results of what I call my startup due diligence process.
Red Flags A Waving
As I’m going about the process of due diligence with this concept — determining whether or not this opportunity makes business sense — a big potential red flag has become apparent. This year or next, there might very well be a massive headache with respect to collecting online sales tax from out-of-state customers. Read more »
As a consulting company, we tracked each hour of each employee’s day. We knew what they did and for how long they did it. We could calculate an employee’s total number of hours worked per year, average hours worked per day/week/month, what activities they spent most of their time focused doing, and therefore, each employee’s chargeability. That is consulting slang for how much profit we could squeeze out of each
lemon employee. Read more »
I came across a Google Plus debate awhile back discussing what the new garage was for startups. To give you a brief background, a few famous startups actually started in a garage.
The Apple boys used Jobs’ parents’ free garage. The Google boys used a friend’s garage for free (initially). HP founders used an unattached garage that was part of the home for which they shared the rent (Dave Packard and his wife lived in the house).