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What A CEO Does

I am posting this as a MBA Mondays post. But I did not learn this little lesson at business school. I learned it from a very experienced venture capitalist early in my post-MBA career. I was working on a CEO [...]  Read more

Bookings vs Revenues vs Collections

A reader suggested this topic for MBA Mondays. It is a good one. When a customer commits to spend money with your company, that is a “booking”.  A booking is often tied to some form of contract between your company [...]  Read more

Bookings vs Revenues vs Collections

A reader suggested this topic for MBA Mondays. It is a good one.When a customer commits to spend money with your company, that is a “booking”.  A booking is often tied to some form of contract between your company and [...]  Read more

Sunk Costs

Today on MBA Mondays we are going to talk about another form of costs; Sunk Costs.Sunk Costs are time and money (and other resources) you have already spent on a project, investment, or some other effort. They have been sunk [...]  Read more

Opportunity Costs

We are going to turn our attention on MBA Mondays to some costs that are important to recognize in business. First up is Opportunity Cost.Opportunity Cost is the cost of not being able to do something because you are doing [...]  Read more

Work Market

We are big believers in the power of Internet marketplaces to bring efficiencies and new opportunities to people and businesses. And the market where this has the most potential of all is the labor market.So we are excited to announce [...]  Read more

Budgeting In A Large Company

Last week we talked about budgeting in a growing company. I defined that as a company between 50 and 100 employees. Today we are going to wrap up the budgeting series by talking about what happens to the process when [...]  Read more