Dryrun.com

57 Flips | 2 Magazines | 6 Likes | 6 Following | 23 Followers | @cayman109 | @mydryrun The simple way to picture revenue, profit and cash flow scenarios. http://dryrun.com

3 mistakes that will sink your small business

Put on your inflatable safety vest and learn about three mistakes that could send your business to the bottom of the ocean floor.<p>As a Motley Fool contributor who also advises small and medium-sized businesses on finance and strategy, I can attest that the same mistakes that put small businesses out …

Critical Numbers That Actually Matter In Business

Do you know the financial vitality of your business? Here are the critical numbers every owner should be tracking.<p>What are the critical numbers you should be keeping close tabs on in your business? It depends who you ask, but there are a few most can agree on.<p>The trouble is, when it comes to the …

How a startup went from building servers out of wood to a $20 million business — without giving control to outside investors

On Thursday, Backblaze CEO Gleb Budman revealed to Business Insider that the company just closed a $5 million sales quarter, putting it on track for a $20 million annualized run rate (ARR), the amount of money that Backblaze projects it will bring in this year if its current rate of business …

4 Little-Known Secrets to Better Networking

Sports are always a good icebreaker. Did you know that there's a website to bring you up to speed on individual teams and sports categories?<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Everyone has heard the phrase: “It’s not what you know, it’s <i>who</i> you know.”<p>While this saying will …

8 Powerful Tools to Amplify Traffic and Boost Sales

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Any company that plans on making it big needs an arsenal of powerful tools.<p>Leads, conversions, traffic and engagement are key parameters that measure online success. Amplifying these tactics without a handful of effective tools will …

10 Affirmations Successful Entrepreneurs Repeat Every Single Day

Intentions breed actions -- the right actions.<p>Businesses are based on actions, not on thoughts -- yet the thought always comes before the deed. Achievement starts with an idea, a perspective, a point of view, or even just an attitude.<p>Here are some of the things successful entrepreneurs say to …

Why the Golden Rule of Business Is Don't Run Out of Money

Plenty of businesses show record profits and are also facing bankruptcy. How could that happen? They ignored the golden rule of business.<p>A friend of mine recently started his own business. As a first-time entrepreneur, he asked me if I had any advice for him. I told him that he had just three …

Want Loyal Customers? Prioritize Your Customer Service With These 4 Tactics.

Customer insights. A welcoming environment. Transparency. You don't need to be a rocket scientist to figure it out.<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>What makes a brand strong in 2017? If you’re thinking top-notch social media strategy and cutting-edge product development …

6 Mistakes to Avoid When You Make a Promotional Video

Video's job isn't to educate; it's to initiate a personal connection or start a conversation with the customer.<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>I’m not a videographer. Heck, I’m not even a film buff.<p>But, with the rising importance of video in the marketing suite, video …

Why Generating Business Momentum Is More Important Than Making Progress

Trying to grow your business? Progress may be good, but learn to develop momentum and your growth will skyrocket.<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p><i>The following excerpt is from Glenn Llopis’s book</i> The Innovation Mentality<i>. Buy it now from</i> Amazon | Barnes & Noble<p>My father …

7 Things I Wish I Knew When I Began as an Entrepreneur

Risk comes with the job, but you don't have to take every gamble.<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>There’s risk in everything, but don’t listen to the rumors. Entrepreneurship shouldn’t be a trip to the casino. You don’t have to quit your job to get started. You don’t …

To Succeed As An Entrepreneur, You'll Need This 1 Skill

To build a successful startup, you'll need to pivot. Here's how to do it right.<p>Entrepreneurship is an emotional roller coaster ride. Day in and day out, you can never really know what to expect.<p>But there is one thing you can count on. At some point in your career, as an effective entrepreneur, …

How to Create a Successful Influencer Marketing Campaign

The targeted reach of online celebrities and the relative low cost of social media is a powerful marketing combination.<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Web-based social networking is a brilliant and powerful marketing combination. Influencer marketing is not hype but a …

Marketing

4 Things Your Website Needs Convert Visitors Into Customers

Your site is the basis of all your marketing initiatives, but did you know it can also be your highest performing lead generation tool?<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Imagine this: your brand is firmly planted at the number one position on search engine result pages, …

The One Simple Quote That Has Driven This Serial Entrepreneur to Succeed

The author of 'Think and Grow Rich' and the inventor of the infomercial have this strategy in common.<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>If you’ve ever read Napoleon Hill’s famous <i>Think and Grow Rich</i>, then you’re familiar with the concept of setting your “chief aim.” As Hill …

The 3 Biggest Misconceptions About Entrepreneurship

Contrary to popular opinion, this isn't a get rich quick scheme<p>Entrepreneurship. It's a word everyone thinks they know about but only a select few really get it.<p>Anyone with an Etsy account can call themselves an entrepreneur, but they're only being partially truthful to themselves. I see so many …

Revenue vs. Profit vs. Cash Flow - Know the Danger

So what’s the difference between revenue, profit and cash flow and why should you care? Well, if any of the three are out of whack, your business is …

3 Cloud Computing Trends that Every Accountant Needs to Know

<b>Your small business clients are adopting cloud computing at a frantic rate. The anytime, anywhere access to key business and financial information</b> …

Take Three Steps to Financial Literacy

Stop making excuses for not understanding financial documents<p>While an increasing number of businesses are opening up, failure rates are also on the rise. In fact, nearly half of startup companies fail within the first four years.<p>According to Dawn Fotopulos, an entrepreneur and author of the …

5 Most Important Financial Metrics for Startups

Small business success comes from planning, goal setting, and progress checkups. Businesses, small and large, use metrics to measure the progress of …

Embracing Failure: Lessons From History's Most Successful Entrepreneurs

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.<p>In the Middle East, failure is a taboo subject. We don’t like to talk about the startups that have failed, or the people that have sacrificed every …

What Makes Startups Succeed When 40 Percent Fail?

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>If you are planning to start your own business, or have already done so, cheers to you! You have overcome one of the chief obstacles every single entrepreneur faces: not letting fear and self-doubt prevent you from striving to realize …

8 Winning Headline Strategies And The Psychology Behind Them

I found plenty of data about what words are used in the most shared headlines and social media posts, how long headlines should be and more.<p>What was …

Barack Obama

10 Tips on Pricing Your Product or Service

When you’re first starting your business, understanding what customers are willing to pay for your product or service can be a real challenge. If you …

10 Successful Entrepreneurs on the Worst Advice They Ever Received

<i>By Morgan Quinn, Contributor</i><p>Entrepreneurs are never at a loss for unsolicited advice from others who have "been there and done that." But sometimes, it's hard for new business owners to decipher which nuggets of wisdom are helpful and which will actually do harm.<p>As a new entrepreneur, you will …

Gary Vaynerchuk: Mismanaging Cash Flow Can Kill Your Business | Inc.com

Three questions every entrepreneur should ask their accountant

You need help managing your small business finances. A professional partner who understands small businesses can offer strategic financial advice, help manage growth, ensure you're in compliance, uncover potential business issues and keep you on track. You need a strategic financial partner who is …

Small Business

Keyword Research for Startups – or One of the Two Things Every Content Marketer Should Do

<i>Keyword research.</i> These two words sound about as sexy as an empty milk carton in a windy car park. But, unlike said piece of packaging, keyword …

To Succeed as an Entrepreneur, Focus on the 5 Golden Priorities

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>As an entrepreneur, you’ll be wearing a lot of hats and dealing with a constant barrage of issues. Each day’s tasks and priorities will likely be a jumbled mess that changes as new emergencies and new developments arise. To be successful, …

Business Strategy

The impact of small business on the US economy in 2 extreme charts

There's a fascinating statistical phenomenon called a "fat-tailed distribution" that shows up in several places in economics, sociology, ecology, and elsewhere. These distributions describe situations where a large part of a population sits very close to the average on some measure, but a handful …