The Dadamo Small Business Observer Blog

Blog: Accountability – From the Beginning

Blog: Accountability – From the Beginning Many startups are highly dependent of the development of the product. With limited cash up front and credibility at risk, it is highly important that schedules be met.  Revenue commitments can only be if there a service or...

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Do It Right The First Time!! ─ Law #19

Do It Right The First Time!! ─ Law #19 This should be the most obvious of all good management laws, as it saves time, energy, costs, and management focus to do it right the first time. Often it is too easy to compromise by using the rationale – “to meet a customers...

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Blog: Not All Investments Win

Blog: Not All Investments Win The Path to Failure During the past, when I sat with Angel organizations, I've questioned the investors to find out what was the nature of their investments (failures) that did not return what they hope for themselves, and cause the...

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Blog: Finance Not Just For Bean Counters

Blog: Finance Not Just For Bean Counters By Dick Dadamo  This is my favorite title for my finance seminars for entrepreneurs. Numerous articles show the biggest reason for startups to fail is because of poor cash management. No doubt the very first thing needed for...

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Success Is Relative!! ─ Law #17

Success Is Relative!! ─ Law #17 Success cannot be judged by results alone; it must be judged against goals and objectives. Results considered successful in one environment may be considered a failure in another. Don’t be fooled when managers fit results to a newly...

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Blog: Motivation—Through the Back Door

Blog: Motivation—Through the Back Door The staff of a startup company is expected to work long hours, perform various functions as expected, work in an environment where the stress level is high and they may work for zero compensation for several months or years. In...

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Blog: Finance Myths

Finance Planning - Beware Blog – Finance Myths There are several finance myths that can mislead a company and in particular a startup. For instance – “I can get a bank line whenever I need it” – WRONG. Banks are not in the equity business and offer loans if there is a...

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Blog: One-Liners – For Startups

Blog: One-Liners – For Startups I try to develop one liners for whatever topic I present to Entrepreneurs. Below is an example of ones I use at my first meetings. A Demo is worth a thousand pictures. This can include a short video during a 12 - minute presentation to...

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Anything Times Zero Equals Zero!! — Law #14

Anything Times Zero Equals Zero!! — Law #14 I have often marveled that some high-tech entrepreneurs who’s had ten years of math never learned that anything times zero equals zero. Hence, when they are reluctant to give up hardly any ownership when raising money, and...

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