This article is a summary of an important episode about “the endowment effect” (pricing versus value) from the podcast: The Intuitive Customer Podcast.
Category: Funding & Financing
T’was the Night Before Payroll
T’was the night before payroll
And all through the house
Not a creature was sleeping
Not even a mouse
The entrepreneur’s mind was spinning
As she lay in her bed
While visions of failure
Danced through her head
With all of her effort
And all of her might
She was trying and trying
But it still wasn’t right
Not enough revenue!
Not enough sales!
Can kill a young company
She’d heard all the tales
She’d sought help from others
From near and from far
Then a friend told her
Check out Hidden Star
With their grants and great tools
And expert advice
She was confident their help
Would make it all right
So, she joined the community
Didn’t cost her a dime
She finally found what she needed
After all of this time
There were folks just like her
A group of her peers
Their advice and support
Helped overcome her fears
Now sales are up
The improvement is showing
With help and hard work
Her company is growing!
Now the night before payroll
Is no longer a scare
She can rest easy
The money is there.
Copyright © 2020. Hidden Star. All Rights Reserved.
Accounts Receivable and Accounts Payable
Startup Funding Explained: Everything You Need to Know
Why VCs and Angel Investors Say “No” to Entrepreneurs
How to File Taxes as a Single Member LLC
Kauffman Sketchbook – “Money Game”
12 Different Ways to Fund Your New Business
This online article lists and defines the different options for finding money to fund a small business.
https://quickbooks.intuit.com/r/finding-funding/12-different-ways-to-fund-your-small-business/
How to Prepare a Balance Sheet
This online article provides a line by line descriptive guide to setting up a proper balance sheet.
https://www.thebalancesmb.com/how-to-prepare-a-balance-sheet-393581
Real Money Talks
This podcast covers all things money: investment strategies, how to manage the money you have, as well as tips on making money in business.
https://podcasts.apple.com/us/podcast/real-money-talks/id1155825468