Living Entrepreneurship Blog / Babson Entrepreneurs

Weekly Startup Help #1

When it comes to starting and managing a startup, being polite goes a long way. Having a startup relies heavily on connections and relying on other people and industries. Burning your own bridges isn’t exactly the best choice to go with.
http://www.readwriteweb.com/start/2010/09/courtesy-and-tact-can-go-a-long-way-for-startups.php

When it comes to funding, things are getting more messed up as time goes on. From companies that get series B funding and being valued at millions before they even make a penny. Meanwhile the startups that make our infrastructure are having a hard time finding funding.
http://cloud.gigaom.com/2010/09/24/cloud-startup-values-are-getting-insane/

List of 5 questions you shouldn’t ever ask a job candidate. 3 things you should look for when picking a co-founder. List of 6 things you should have in your VC pitch and much more.
http://venturebeat.com/2010/09/25/entrepreneur-corner-5-things-not-to-ask-a-candidate-and-6-things-to-tell-a-vc/

The New York startup tech scene is booming. Three of the top 10 most valuable startups are located in New York, and the top 20 in New York remains above $75 million in worth. Here is a list of those 20 startups in New York.
http://www.businessinsider.com/valuable-new-york-city-startups-2010-9

Ends up you need no prior accounting knowledge or the help from a bank to get your startup going. Like the owner of Shred Ready, he learned as he went and now has a successful business. Think you can handle no bank help or no accounting skills prior to launching your startup?
http://www.allbusiness.com/accounting-reporting/budget-budget-forecasting/1491-1.html

Danny Wong manages a great custom dress shirt start up. He is also starting a second dress shirt startup, stay in the loop!