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