From Start Ups to Stock Markets

  • All entrepreneurs will pivot at some point
  • Pivoting does not always mean changing the goal
  • Your financial statement reveals when to pivot
  • Financial statements show the truth of the business
  • Many businesses look successful only on the outside
  • Financial statements have three components
  • Partnering is the easiest way to scale
  • Focus on networking
  • Avoid marketing by using partnering
  • More income streams equals more profitability
  • The objective is to create multiple streams of revenue
  • Multiple streams means more stability
  • Two common goals are profit and market share
  • New customers for you means customer loss for somebody else
  • Many large companies buy out companies with 30% market share