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Dave Harkins
229 followers -
David Harkins is a business advisor, facilitator, teacher, and speaker. His job is to make things real.
David Harkins is a business advisor, facilitator, teacher, and speaker. His job is to make things real.

229 followers
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Hiring people like you means you may be hiring people who have not just similar strengths, but also similar weaknesses. Hiring people like you will may also mean few will challenge your view of market opportunities, customer targets, or product features…
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In modern economics, capital is typically defined as an asset that you can use to produce something that is economically useful to a business or an individual.  The word, then, has different meaning depending upon its context. Even with these different…
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Many startup founders maintain control as the primary means to achieving their goals with the business. One of those goals, of course, is solving that problem on which the company is built. However, many of the other goals are much more personal. Things…
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If you’re an entrepreneur and you’re not familiar with the term “sunk costs” you may have a problem. Even if we do understand it, the problem for most of us is that our forward-looking decisions become too tied to those sunk costs. We often become…
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The following is an interview with Eric Hilferding, CEO of ClassB, a custom t-shirt manufacturer, and printer for my graduate coursework in entrepreneurship. Eric and I first met in 2005 when I was with the Boy Scouts of America. His company was one of…
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When faced with challenging times as an entrepreneur, we must find the courage to lean into to the future, rather than retreat into the past. We must find comfort in the gifts of wisdom, talent, and the experiences to make the best decisions for moving forward on your journey...

#entrepreneurs #startups #motivation #entrepreneurship #fear

http://www.mrharkins.com/fear-panic-entrepreneurship/
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Although it is dramatized, like all reality shows, I am a fan of Shark Tank because it aligns with my own experience as an entrepreneur and I believe aspiring entrepreneurs can learn a few lessons from the interactions those pitching on the show have with the Sharks.

Here are just a few of my Shark Tank takeaways for aspiring entrepreneurs and those looking to grow their business through outside investment...

#entrepreneurs #startups #sharktank #smallbusiness

http://www.mrharkins.com/8-shark-tank-takeaways-for-entrepreneurs/
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Inventory management is an art and science. It requires diligence, a strong management system and designated staff to maximize cash efficiencies.

While different business types have different requirements for inventory levels, all businesses must have a keen understanding of their customer needs and market demands to forecast need...

#entrepreneurs #startups #funding #smallbusiness #inventory
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How to use Financial Ratios

Entrepreneurs should also understand how to use financial ratios in the regular course of business operations.  Each ratio has a purpose, and when compared to industry benchmarks, can provide great business insights. Learn more about key financial ratios and their application to small business.

Learn more and how to calculate these ratios...


#entrepreneur, #entrepreneurs, #startup #smallbusiness #finance #funding
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Financial Ratio Analysis and the Entrepreneur

Entrepreneurs are often motivated to launch a business in part because of their interest and expertise in a specific domain area. However, many are less skilled when it comes to the business finances beyond the basics of revenue and expenses.

This post might help you better understand financial ratios for your business...

#entrepreneur, #entrepreneurs, #startup #smallbusiness #finance #funding
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