Greetings to all the entrepreneurs out there! Remember to stop by the BSI office (7 Haviland, Room 232) on Thursdays and Tuesdays from 2 – 4 pm for help with anything business or startup related. We offer FREE business consultation. We will help you draft a business plan, find funding, develop your ideas, etc. Hope to see you soon!
Also – here’s the awesome and inspirational story of AirBnB. Just thought I’d share :)
Here’s your weekly tip, this one is from the BSI’s one and only Seth Bella:
When splitting equity between founding members, try to avoid settling for an even split. Often times this will lead to issues in the future. You must split for the future. A tactic such as vesting can make sure each member contributes an equal amount over time to earn their fair share.
We hope that this will help you in some shape or form one day. We just wanted to remind you to follow your dreams! Have a great day everybody!
Join the BSI as we present a night with Adrian Ross: MBM Graduate 96′ and Director of Public Affairs at ASCAP. The event will be held in the 7 Haviland Building, Room 310 on Monday, March 24, 2014 at 6:30pm. This is one night you won’t want to miss!
Frameworks help you understand how your money flows. Profit can be broken into revenue minus costs – what you make minus what you spend. You can break revenue into price x quantity. To cut costs, you can either reduce the number of things you purchase or find ways to pay less for them, such as buying in bulk.
Were you there? It was awesome- don’t miss our next featured guest speaker!
Have a great day everybody!
Need funding? Check this awesome article out:
“4 Great Tips For Finding Funding For Your Startup” by Forbes: http://www.forbes.com/sites/drewhendricks/2013/10/31/4-great-tips-for-finding-funding-for-your-startup/