Grasshopper Blog

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Startup

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Managing Your Growing Pains with Outsourcing

Startup failure rates are infamously high. The U.S. Small Business Administration reports that regardless of the year a business is founded, the majority of the business will go out of business within five years and two-thirds are no longer operating ten years after being formed.

Growth is a good problem to have, unless of course you fail to manage it properly. Growing too fast is one of the top 10 leading problems that trips up small businesses and results in those high failure rates.

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How To Find The Right Investors For Your Startup

Mo’ money, mo’ problems or “Touched by an angel.”

These two pearls of wisdom signify all those financial headaches, bursts of euphoria, and days when you just feel like you’re sitting at a desk between Michael Scott and Dwight Schrute.

Either all the money in the world won’t fix your problems, or it seems like all you need is just a penny more to get it done.

And even though you need the green juice to survive, countless entrepreneurs emphasize that finding the right match between your company’s vibe and your investors’ is even more important.

So before you grab the money and run, think about these tips and ideas to help guide your search for good match investors.

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Startup Stress: Dealing with Pressure While Delivering on Ideas

It’s what gets you up in the morning and what motivates you to meet your goals. It can also overwhelm and make even the smallest task seem impossible. Entrepreneurs know that stress is a part of the job. Unfortunately, some days it’s your greatest asset and others it’s your toughest competition.

There’s nothing worse than starting off the day feeling overwhelmed. All the things you want to do get set aside while a major issue is addressed. Once it’s taken care of, the tasks you put off become urgent and next thing you know, you’ve worked through lunch, forget about an appointment, and things just keep going downhill.

Well, we have good news; stress isn’t going anywhere. Yes, that is good news. Why? Because it’s a universal truth: Every small business owner feels stressed and feels that way a lot. You aren’t alone.

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5 Reasons to Work for a Start-Up

No matter what business you’re in, you’ve probably come in contact with a startup, directly or indirectly, in the course of your work.

They come in all shapes and sizes, from consumer-facing products like Foursquare to business-focused technology solutions like the ones we’ve created. But whatever the type of startup, there are some similarities you can expect to find across the board.

Here, we’ve chosen five of these characteristics that make startups a good career choice.

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9 Common Pitfalls of Growing Your Startup Too Fast

Everyone loves a high-growth company. People want to work for it. Investors want a piece of it. The press idolizes it. However, believe it or not, there is danger in growing too big, too quickly. And this danger has brought many a company to its knees.

Krispy Kreme is a perfect example. When it attempted to expand too quickly beyond its trademark “Hot Doughnuts Now” to selling pre-boxed sinkers in gas stations in the mid 2000s, the stock market concluded it was no longer a sweet deal as stocks hit a record low of $6 per share at that time.