Tips from Forbes on Business Start ups

From Capital One at Forbes by Barbara Corcoran. December 4, 2012

This may be an old post but is not aged by just one month of posting.  Here are some of the 12 tips you may find useful for managing your start ups:

1,  Dont be afraid to make big mistakes;  It is not how you fall but how you get up;

2.  Small companies are nimbler and can move faster.  Capitalize on that.  Be quick (or be dead)

3.  Take advantage of the social media;

4.  Get of complainers and whiners while early;

5.  Stop procrastinating;

6.  Know what not to do... Read more 12 tips

Practicing Frugality for your Start up from Forbes

From Forbes. Jan 10 2013

You can save a bundle (in cash flow) and save your cash for inventory and sales (lessening need for additional working capital:

l.  Lease, rent;  do not buy;

2.  Let the employees bring in their own device (maybe pay a small amount for the use)  Most young people have their own device;

3.  Sublet from ailing companies;   they have tight cash flow and would be happy to have additional cash flow

4.  Distance working;   people can work from home and distance working works for most people even across countries and time zones.

Capital One by Barbara Corcoran

5 Strategies for New Business Perspective in 2013

From smartbrief blog on Leadership January 8, 2013

There are 5 recommended strategies to strengthen/give business new perspective  in 2013:

l.  Attend industry summit.  This will enable you get close to your competitors, and learn from experts so that you can improve your business;

2.  Examine your cash register.  Reenforce your cash register procedures.  The area where you hold your business is not secure:  from outsiders, predatory and manipulative customers, and from dishonest employees.  The procedures, contract must be reviewed  to prevent losses from this incidents.

3.  Ask your entire company to read strategic books together:   Good to Great, Blue Ocean Strategy, Financial Intelligence, Lead Sell or Get out of the Way.

4.  Capture your company events in stunning pictures and video.  You may spend a great deal on product launch or event, be sure these are captured in a stunning way for your prospects and customers to see and read about;

5.  Consider mobility:    Exploring new market, getting suppliers even without face to face contact. Outsourcing.

For strategies for fresh business perspective in 2013