One of the biggest mistakes startups make when looking to lease office space is not being financially prepared. Just like a bank, Landlords want to be reassured that you qualify financially before leasing you office space, especially in hot markets like Austin, Tx. Gathering this info and positioning your company to look financially strong takes more time than you think so make sure you do this well in advance of beginning the office space search process. By doing this you will not only gain the Landlord’s confidence but you will also increase your chances of getting office lease concessions (tenant improvements, rent abatements, etc.)
In the spirit of the upcoming “Austin Startup Week” I will attempt to reveal a method to start to understand the “Jedi in Business Administration (JBA).” My goal will be to get you to take a small amount of entrepreneur and startup-flavored e-x-e-c-u-t-i-o-n.
A handy infographic about the startup scene in Austin, Texas.
Every entrepreneurship insight I get is cited and sourced from a specific legendary business mentor. I pay attention at a depth I consider “motivational listening.” In board meetings, lectures, and tech conferences, I seek to out note-take the rest of the room. This article is a snippet of my recent notes, and revolved around the theme of Other People’s Money (OPM).
Last year, Zappos’s CEO Tony Hsieh spent much of his keynote speech at SXSW V2V 2013 on the Downtown Project, the name he gave to his personal economic and cultural revitalization effort of several acres of the original, downtown Las Vegas. Tony made a considerable financial commitment to the Downtown Project of $350 million, to […]
The final day of SXSW V2V 2014 was all about the “v” for “venture” in the name.
Yesterday was a full day of programming, one-on-one meetings, and the great synchronicity of surprise meetings in the lunch-line hallway or at the Tech Cocktail reception at the Chandelier bar, as Day 2 of SXSW V2V unfolded.
I’m at SXW V2V for its sophomore year run this week. Monday (yesterday) was the first full day of programming, with Sunday mainly being devoted to the kick-off party and finding one’s hotel room.
The Austin Technology Council (ATC) today released results of a study measuring the economic impact of the life sciences industry in Austin and surrounding communities including Round Rock and San Marcos.
The Austin chapter of Entrepreneurs’ Organization today announced results from the latest Global Entrepreneur Indicator, showing that Austin business leaders have experienced strong growth — far outpacing the global average — and expect continued success going into the second half of 2014.