Studies of customer profitability in many businesses have found that only a small percentage of accounts are responsible for all of the firm's profits once costs related to acquisition, service, and support have been factored in. The staggering truth is simply this: many customers cost more to serve than they bring in revenue!
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A classic essay by Greg Gianforte about the virtues of bootstrapping and how it often yields better results than the "fund and burn" model of VC-backed startups.
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In the past few years, the Virtual Assistant (VA) industry has increasingly been in the headlines. The Wall Street Journal, US News & World Report and numerous other publications have made it clear that the virtual assistant business is trendy and growing.
More and more virtual assistants are starting their businesses by ditching their corporat
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Contrary to what many aspiring entrepreneurs believe, the key to a successful startup does not rest upon having a unique, one-of-a-kind idea. A good idea is a necessary starting point for any new business, but that's all it is. As VC and entrepreneurship teacher Rob Adams points out, ideas are not scarce: they're commodities. Virtually any idea
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When you have 100 great ways to improve your business, what do you do with all of them?
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Join leading CEOs, entrepreneurs, business owners, angel investors, venture capitalists, and bankers at this one-day summit on July 11th in New York City.
The NYC 2008 | Women's Entrepreneurial Leadership Summit offers a unique immersion in entrepreneurial leadership, management, innovation, business development, and entrepreneurial financing
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The importance of creativity in the growth of a business is discussed by Becky McCray of SmallBiz Survival (www.smallbizsurvival.com)
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