Theresa M. Szczurek //May 2, 2014//
Cash is king. It is the oxygen of a business; without it your company is dead. There are two primary sources of business cash: revenue and capital funds. Generating revenue is the best approach. The goal is to create a sustainable business model which produces revenues, lots of it. This keeps your firm alive. Without revenues, you need to raise funds or die.
In a recent workshop for competitors of the CSU Blue Ocean Challenge (#CSUBlueOcean), Karl Dakin, of Dakin Capital Services shared his “7 Steps to 1st Dollar Revenue.”
Three of Dakin’s Steps to 1st Dollar Revenue.
Summary. Be on the look out for Dakin’s book, coming soon, for the rest of his valuable tips. Go to www.SeedCapital2-0.com and sign up for Dakin’s blog. In the meantime, get creative. Believe anything is possible.Take action now to be a bigger part of your firm’s revenue scene.