A Quote by Maelle Gavet
While I accept that large investment rounds will always garner headlines, it's almost as if the magic number of how much cash you've managed to raise has become both a stamp of approval and the main metric for gauging a business's true worth.
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Cash is the lifeblood of your business. There are very few things in business that will kill you, but running our of cash is one of those things. You can recover from almost any other mistake, but if you run out of cash you're dead.
The Obama administration's large and sustained increases in debt raise the specter of another financial crisis and large future tax increases, further chilling business investment and job creation.
The essence of a good investment manager is one who studies a given business and extrapolates the future cash flows that the business is likely to generate over the next several years. Based on the cash flow and asset assessment, they can then arrive at their expected rate of return if they bought a fraction of that business at a given price.
While digital wallets are paving the way for the future of payments, you still need to assess whether or not they'll work for your business. If your target audience are less tech-savvy or you're primarily a cash-only business, it may not be worth investing too much into accepting digital payments.
Number one, we need to get in shape, number two we need to shoot, number three, we need to learn self-defense, and number four, we need to study small-unit tactics... If you do not have 5,000 rounds of .223, 5,000 rounds of .22 and 1,000 rounds of handgun ammo, as a MINIMUM, you're wrong. We need to train our families how to shoot as well. We need to get food. We need to have a year's supply of food, two years supply of seeds, we need to have a year's supply of sundry items. That's what it means to be an American. We prepare for the worst but hope for the best.
You go ask any founder of any company why he or she did it, you will never hear, "I wanted to create jobs for the community" as the number one, number two, number three, number four, number five, number 10 reason for doing so. That is a result of the success the business enjoys. Creating jobs is not why people start businesses. Creating jobs is not how people innovate in business. It's not how they compete.
In so many ways, our business is very, very unique. For example, in India, people pay with cash, and we accept cash from day one. And a lot of people in India pay with cash. And that's part of our business model.
One of the most important tasks as a leader in a startup is to pick the right metric to track. This is often referred to as the 'compass metric' because it will be your compass for growth. It's important to note that 'compass metrics' will likely change over the lifetime of a business.
Once you accept that playing the game will be uncomfortable, and you do it for a while, it will become much easier (like it does when getting fit). When you excel at it, you will find your ability to get what you want thrilling.
Regardless of what you plan to use it for, the goal should always be to raise money right before you need it. You don't want to get into a situation where you need cash and you're unable to raise it - or you're unable to raise it on favorable terms. As with any negotiation, you want to raise from a position of strength.
In civilized places idleness, once the prerequisite for abstract thought, poetry, religion, philosophy, and falling in love, has become a character flaw. In America we've managed to stamp it out almost completely, and few people under forty can remember a single moment of it, even in earliest childhood. The phrase 'spare time' has vanished from the land.
We will never know exactly how many women disguised themselves as men and fought in the Civil War. At the close of the hostilities, it was estimated that approximately 400 women had managed to enlist, but this number is almost certainly too low.
Brock Lesnar and Roman Reigns are the main event of WrestleMania 34 because neither one is content, and both are ambitious enough to push the limits of what is now considered their greatest moment, and that's the point that neither one will ever accept. They will never accept the idea that they've peaked as individuals.
He [Johnny Cash] always wanted to use his music to lift other people up, to say no matter how much trouble, there's hope. That was always his message in his songs. That's why he and [Bob] Dylan bonded so much, because they were both trying to do something meaningful.
When you grow up a fatherless son, in many ways you have to raise yourself. No one tells you what looks good on you, how to carry yourself, or provides the approval. Without a father, you grow up never knowing what you didn't have. There is no intimate model of who you want to become, so it's as if you're always guessing.
Everybody must be managed. Queens must be managed. Kings must be managed, for men want managing almost as much as women, and that's saying a good deal.
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