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Dacey Rankins

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2025-04-15 21:13:34 -

How Does a Social Enterprise Differ from a Nonprofit?
In a world where organizations strive to address pressing social and environmental issues, two impactful models often come into focus: social enterprises and nonprofits. While they share the common goal of tackling societal challenges, their approaches and funding mechanisms set them apart. Mission-Driven Models with Different Engines Both social enterprises and nonprofits are mission-driven....

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Dacey Rankins

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2025-01-09 15:23:12 -

What is a business model?
A business model is a crucial component of any company, whether it's a startup or an established enterprise. It essentially defines how a business creates, delivers, and captures value. In other words, a business model outlines a company's plan for generating profit. It details the products or services offered, the target markets, and anticipated expenses, serving as a roadmap for both internal...

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Dacey Rankins

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2024-12-19 15:09:19 -

What is a Lean Business Plan?
In the world of business planning, traditional, lengthy documents are being replaced by more streamlined and practical approaches. One such approach is the lean business plan, a simplified, concise version of the standard business plan. This model is particularly gaining traction among small businesses and startups due to its focus on the essential components that matter most in the early...

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Dacey Rankins

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2025-03-28 14:36:44 -

What is Bootstrapping in Business?
Bootstrapping is a popular method of building a business from the ground up without relying on external funding sources such as venture capital, bank loans, or angel investors. Instead, entrepreneurs use their personal savings, revenue generated by the business itself, or a combination of both to fund the growth and operations of the company. This approach gives business owners greater control...

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Dacey Rankins

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2025-04-02 16:23:33 -

What is the Best Way to Pitch Investors as a Startup Founder?
As a startup founder, securing investment is often the key to turning your vision into a reality. But how do you effectively pitch to investors who are inundated with countless proposals? Crafting a compelling pitch that captures their attention and convinces them to invest in your business requires more than just a great idea. It’s about showcasing your startup’s potential, market...

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Dacey Rankins

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2024-12-18 16:44:40 -

What is the Difference Between a Business Plan and a Business Model?
This question often comes up as people try to clarify the distinction between two critical elements of business strategy: the business plan and the business model. While both are essential for launching, running, and growing a business, they serve different purposes and provide different insights into the operations and future direction of a company. Understanding the difference between these...

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Dacey Rankins

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2025-05-06 12:50:21 -

What Questions Do Investors Commonly Ask Startup CEOs?
For startup CEOs, investor meetings are critical milestones. These conversations go beyond just pitching your product—they’re about building trust, demonstrating leadership, and showing a deep understanding of your business. Investors are not just looking for the next big idea; they’re looking for founders who can execute, adapt, and scale sustainably. Here are the key...

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