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Archive for October, 2010

Working Smart vs. Hard

Posted by Seth Elliott On October - 19 - 2010

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting! This article was first published as “Smart vs. Hard” on Technorati Woody Allen famously said, “Ninety percent of success is just showing up.” The fact is, in a startup environment, you have to show up A LOT. Grinding out [...]

Bear Traps: Attitudes to Kill Your Startup

Posted by Seth Elliott On October - 12 - 2010

Lack of self-confidence, or belief in your product/solution, can kill your startups chances. However, this risk characteristic is one that I rarely encounter amongst startups. Most entrepreneurs have a healthy dose of confidence – perhaps bordering on arrogance. In fact, this other extreme can be just as dangerous to startup success. Over-confidence in your abilities, [...]

The Balance Sheet

Posted by Seth Elliott On October - 7 - 2010

The balance sheet is a snapshot of the financial condition of a company. Essentially, it reveals – at a set moment in time – what the company owns or possesses (assets), what the company owes (liabilities) and what the company is worth “on paper” (equity). Balance sheet items can be evaluated in various ways, but [...]