I recently listened to the Westwood One Podcast “Exploitation Economy” on the Prof G Show with Scott Galloway. Galloway interviewed Jim McKelvey, co-founder of Square and author of “The Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time.” McKelvey offered some great insights into entrepreneurship. He said that when faced with a problem, copying is often the answer. If you’re faced with a problem, the first thing you should do is look around and see if anyone else has already so... [continue reading]
Welcome to the ProjectionSmart Blog!
We want to share with you our thoughts on business projections, cash management, small business, entrepreneurship, finance, startups, and business planning.
https://www.startups.com/library/expert-advice/what-is-a-startup-company In her great Startups.com blog from March of 2018, Emma McGowan talks to a number of entrepreneurs to answer the question, “So what is a startup, anyway?” To me the article really explains the essence of what it means to be a startup. Eric Ries, the creator of the Lean Startup methodology, defines a startup like this: “A startup is a human institution designed to create a new product or service under conditions of extreme unce... [continue reading]
Many people consider starting their own business at some point in their careers. The uncertainty in today’s job market is causing many people who would never have considered going out on their own to give the idea serious consideration. Famous TV Shark Mark Cuban recently told Inc. magazine said that this is the perfect time to start a business you love: “Five to 10 years from now, we'll look back and there will be 30 businesses that were created where we'll say, 'Damn, why didn't I think of that? It... [continue reading]
We’re excited to announce that ProjectionSmart users can now manage multiple companies under their one ProjectionSmart account. Our customers had been asking for this ability, and we rolled it out on on June 6. This means that you only need one ProjectionSmart account to manage all of your ProjectionSmart companies. This new feature will help ProjectionSmart accounting professionals who want to manage projections for their multiple clients using just one login, as well as entrepreneurs who want to mod... [continue reading]
On May 27 Bob and I hosted our first virtual workshop for SCORE Minneapolis. For those of you who don’t know, SCORE is the best free resource for entrepreneurs and small business owners. SCORE will assign you an experienced executive to serve as your business mentor – for free! This is from their website: For over 50 years, SCORE has served as America’s premier source of free business mentoring and education. As a resource partner of the Small Business Administration (SBA), SCORE has helped more than ... [continue reading]
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