When to spend it, when to save it, and how to ask for it: Bobbi Brown, Max Levchin, Daymond John, and 19 other founders pass along the financial wisdom that led to their success
TONI KO THOUGHT SHE WAS ON TOP of her company’s finances. Then she woke up one morning in 2016 to find half a million pairs of extra sunglasses staring her in the face.
The founder and CEO of Los Angeles sunglasses company Perverse was by then an experienced—and successful—entrepreneur, having sold her previous company, NYX Cosmetics, to L’Oréal in 2014 for an estimated $400 million-plus. So Ko was not new to managing cash flow and inventory—and she thought she was pretty savvy about finances. Despite this, in Perverse’s early days Ko found herself making a very common mistake: buying more product than she could sell.
“I completely forgot my own advice,” admits Ko, 44. “With my first business, the inventory was a slow buildup over the years, so I never felt cash-strapped. But as I started my second business, I over purchased.”
هذه القصة مأخوذة من طبعة June 2017 من Inc..
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة June 2017 من Inc..
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
A Bankable Pet Project - How Moonshots Capital helped eTailPet scale up and attract a buyer in just three years.
Berenice Giannini's startup, eTailPet, wasn't a natural fit for Moonshots Capital. The Austin-based venture firm, launched in 2014 by Kelly Perdew and Craig Cummings, both of whom had previously served in the U.S. Army, frequently backs companies founded by military veterans.
Backers Should Have Your Back - The best capital provider for your business will offer a helping hand, not just deep pockets.
Three years ago, U.S. entrepreneurs were enjoying one of the best funding environments in decades. Venture capital and private equity hit all-time highs as banks loaned at historically low interest rates. All you needed to get a term sheet, it seemed, was a smile and a pitch deck.
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There Will Always be Those Who Doubt You and Your Vision. Here's How to Tune Them Out. - Recently, I invited an experienced luxury hotelier to visit the new campus we were building near Santa Fe for Modern Elder Academy,
Recently, I invited an experienced luxury hotelier to visit the new campus we were building near Santa Fe for Modern Elder Academy, the midlife wisdom school I co-founded in 2018.
A Scientific Discovery that Unlocks Your Body's Healing Power
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Transformative Growth: Agency Masters the Art of Evolution
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Custom PEO Solutions for Blue-Collar Industries
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Homebuying Was BrokenMeet the Founders Here to Fix It
Cecilian Partners is a fast-growing technology firm providing end-to-end solutions for production homebuilders and land developers.
A Focus on Complete Solutions for Regulatory Environments
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