Make sure that your products have an exceptionally high gross margin. Venture capital investors have learned that products need a minimum of 67% gross margin to pay for — and survive — the high-growth needed to meet VC investment criteria.
Want to improve the way you run your business? Entrepreneurs, academics, and consultants from diverse industries offer practical advice on a variety of topics each business day.
To submit a tip for consideration, first check our archive of previous tips to make sure you're not repeating a tip someone has already contributed. Then send the tip to Small Business channel contributor Michelle Dammon Loyalka. Because of the volume of material she receives, she may not respond to each individual.