Reading Peter F. Drucker’s 1985 book, ‘Innovation and Entrepreneurship’, it became clear that, despite a few trends that are no longer relevant today, many concepts are still very much relevant for startup entrepreneurship today. Peter Drucker has been described as “the founder of modern management”. According to Drucker, entrepreneurs should take advantage of a “window” Read more about “Innovation and Entrepreneurship”: useful 1985 strategy insights for today’s startup world[…]

WeWork has become infamous example of an investment gone wrong, but the company might not have shown us all that it has to offer just yet. The company’s recent failure to raise money through an IPO has brought to light its current state of affair: unbelievable losses, a runway of just a few months, shady Read more about WEWORK: A DIFFERENT PERSPECTIVE[…]

  Business valuation dramatically reduces investment uncertainty. It is still a science under development as markets change and more information becomes available. Since valuations are forward-looking, the practice still involves a high degree of judgement. Startup valuation is based on leading practices rather than set standards. Most early-stage valuation decisions take place during negotiations, nevertheless Read more about DIFFERENCES BETWEEN STARTUP VALUATION & STANDARD VALUATION PRACTICES[…]

It’s now easier than ever been to found a business. The cost of starting a simple online venture is low. This has opened up the possibility for many to become entrepreneurs, and the availability of capital also enables many new ground-breaking ideas to get funded. However, the cost to scale a business and to acquire the Read more about RAISING FUNDS FOR YOUR STAGE[…]

Can Romania be a future hub for innovation? There are reasons to say both yes and no, as Romania is a country with a high potential to bring innovation to world markets, but which is held back by a somewhat antiquated system, leaving the country in-between past and future. Let’s look at a few factors Read more about BUILDING VALUE IN ROMANIA[…]

Working on your customer base potential is the first step to building reliable financial projections for startups. The revenue model that you choose (which types of customers will be charged, how much, and how) defines how you set up your entire business. Many startups decide to focus on a fast-growth with technology development and/or customer Read more about HOW TO CALCULATE REVENUE & COSTS PROJECTIONS[…]

The first step to take to take to build your financial projections, after the market analysis and validation, is therefore laying out the expansion strategy with realistic figures. We start from calculating the Total Addressable Market (TAM). Depending on your sector, you can calculate this in terms of value, volume or number of customers. Value is Read more about HOW TO CALCULATE YOUR MARKET EXPANSION[…]

Trees grow in size by first expanding their roots in the soil. Every specie of tree is different and it may need a different structure and acidity of the soil. Some need larger and deeper spaces to grow their roots to develop to their full potential, some need less. Different species grow at different speeds, Read more about WHAT KIND OF SOIL YOU NEED TO GROW YOUR ROOTS: DEFINING THE MARKET[…]

Something that almost all entrepreneurs need to deal with when embarking on a new venture is raising funds. That’s when they start exploring different strategies and demonstrate that their venture has value. When you have a vision of where you want to take your company from the early stage, your financing strategy will go along Read more about FUNDING CYCLES AND THE STARTUP STORY GO HAND IN HAND[…]