David Mell Drops New Hit Single “DisLuv”

first_imgDavid Mell the Melody Maker, as he’s widely known, has been in America since the June 14, 2014 for LMA ceremony where he received an award as best R&B Artist of the Year .Mell’s been preparing for his trip to America and has proven to his fans that his getting out there and doing his best is his promise to keep. Just last week he dropped one of his most versatile tracks eversing being out there titled, “Dis Luv”.With a strong pop, dance and Afro rhythm beat attached to its lyrics of love and affection, David Mell has yet again given it to us hot!The Afro-pop tune talks about love and the affection that comes with feeling it, a sensation that can be heard and felt in all of Mell’s tracks. I just wanna love you/ hold you/ be there/The track has a dance flavor that will definitely get you off your feet, and ready to hold that special someone.Produced by Shadow, David Mel can be heard in this international flow of sound pouring his heart out.There’s also information coming to LIB Life that he is set to tour Australia, as his manager Lena has been posting announcements over social media to let his fans know.“For BOOKINGS outside of the USA please email themelodymaker072@gmail.com. Australia get ready for the Melody Maker David Mell”“David Mell’s  management says THANK YOU to PAULZ FOTO for the amazing pictures that he has captured of The Melody Maker.”Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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RIA’s Rehab Funding Set

first_imgMinistry of Finance and Development Planning (MFDP) Minister Amara M. Konneh has signed on behalf of the Liberian Government, a US$20 million loan agreement with the Saudi Fund for Development. The loan is to assist with the rehabilitation of the Roberts International Airport (RIA) runway.According to the Communications Unit of MFDP, the signing comes following a series of prolonged discussions and negotiations.The ceremony took place on the sidelines of the annual IMF-World Bank Spring Meeting held in Washington DC.Minister Konneh, who commended the Saudis for accepting the Government’s appeal, assured the Vice Chairman and Managing Director of the Saudi Fund for Development, Yousef Al-Bassam, who signed on behalf of his organization, that all necessary modalities will be put in place as soon as possible for the smooth implementation of the project.Mr. Al-Bassam expressed his institution’s willingness and readiness to provide assistance to the Liberian government to improve or replace damage infrastructures at the RIA.According to a dispatch from Washington, the Saudi Fund is part of a pool fund of US$57 million for the rehabilitation works. Already, the Liberian Government has concluded arrangements with the European Investment Bank (EIB) and the Arab Bank for Economic Development to assist with bridging the funds.Prior to the signing, the MFDP had earlier signed similar agreements with the European Investment Bank to provide US$27 million and the Arab Bank for Economic Development (BADE) an additional US$10 million to complete the financing target.The Finance Ministry said the Liberian Government is expected to contribute US$3million to complete the required financing for the project.The dispatched further noted that the rehabilitation exercise will focus on upgrading the RIA runway and the total rehabilitation of Taxiways A and B as well as widening of the Taxiway fillets. Consistent with the concessional nature of this facility, the loan will be repaid within a 20 to 40-year period with an interest rate of two percent.In another development, Minister Konneh has formally requested for financing for the pavement of the Gbarnga-Mendikorma highway to the Saudi Fund and other Middle Eastern development lenders including the Kuwait Fund, Abu Dhabi Fund, the Arab Bank for Development in Africa, among others.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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Presidential Guards thrill audience at Drill Competition

first_imgRanks from various units within the Guyana Police Force put on a spectacular show on Friday afternoon at the Tactical Services Unit Drill Square, Eve Leary, when the Annual Drill Competition Finals were held.This year’s competition saw the participation of five teams, including two female teams. The event was attended by senior, junior and former members of the Force as well as civilians, mostly relatives of the participants.The participating teams were the Presidential Guard, Tactical Services Unit (TSU) and A Division (Georgetown-East Bank Demerara) in the male category; while the two female teams; B Division (Berbice) and Special Constabulary, competed against each other.The programme which faced a 30-minute delay before commencement, went on for almost three hours, during which the audience wasThe Presidential Guard team displayed precision during their drill display during the Drill Competition Finals on Fridaythrilled by spectacular performances by the five teams.The female teams were the first to showcase their drill techniques followed by their male competitors. The first team to perform was the Special Constabulary, followed by the team from B Division, putting on a great display that pushed them to the top spot in their category.Even though the efforts of the female ranks were lauded and received excellent responses from the audience, it was the male teams that stole the show with their sharp drill moves. The first male team to display their techniques was the TSU followed by the Presidential Guard and then the team from A Division.While the routines for the latter two were similar, the Presidential Guard team was a crowd favourite and rightly so. With a display of sharp precision and coordinated manoeuvres, they emerged the winners in the competition, bagging the top spot in the male category. The President Guard team will now have bragging rights as the Force’s Best Drill Team for the next year or so.In announcing the winners, Chief Judge, retired Police Superintendent Franklin Mingo disclosed that the teams were judged on the foot and arms drills in the various exercises and their instructors were judged on the word of command and personal drills.According to Mingo, it was a keen competition of drilling, which shows there are members of the Force who possess the art of drilling. “We saw some beautiful drills when we talk about flare… all the squads did well in the different flares and it shows they understand,” he stated.In the female category, B Division copped the Best Team with 80.6 points while Special Constabulary scored 76 points. The Best Female Instructor was from B Division as well, with 16.3 points, barely beating Special Constabulary who got 16 points.As it relates to the male category for the Best Team prize, the Presidential Guard secured the top spot with 93 points, while A DivisionB Division copped Best Female Team and Best Female Instructorcame in second with 85.6 points, followed by TSU in third place with 85 points.The Best Male Instructor went to Corporal Semple from the Presidential Guard who scored a perfect 20 points. The TSU managed to cop the second best instructor spot with 18 points, placing A Division in third with 17.6 points.The Drill Competition within the Police Force was established to produce Policemen and women who are proud, alert and obedient; and those who bring a level of discipline using oral and silent command. The competition is also used to enhance drills in the Force and also to provide the basis for team work.last_img read more

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The staff of the City of Fort St. John prepare outdoor skating surfaces

first_img– Advertisement -Ryan Harvey, Communications Coordinator for the city of Fort St. John shares, crews are hard at work preparing the outdoor rinks. We have no timeline for them to be ready but hope it won’t be too long. Staff posted to the City’s FB Page they know residents are getting excited about outdoor skating and so are they. FORT ST. JOHN, B.C. – City staff have been preparing the outdoor skating surfaces for the winter skating season. As the city of Fort St. John is a winter city, popular activities for residents are using the Kin Park Outdoor Rink and Mathews Park Skating Loop. City staff express they will advise when the surfaces are ready to use.last_img

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U.S. waiting on Johnson

first_imgCARSON – The world is awaiting Freddy Adu’s full international debut, and it could occur today, when the U.S. national soccer team takes on Canada in a World Cup warmup at Torero Stadium in San Diego. The 16-year old phenom is an international celebrity of sorts, his every move analyzed everywhere soccer is king. Whether he sees action in the Americans’ first match of 2006 ultimately is mere sideshow. The real story is the return of Eddie Johnson from a foot injury that sidelined him most of last year. The 21-year old striker, who has scored eight goals in nine international matches, possesses a combination of size, speed, athleticism and finishing prowess that frightens opposing defenders. If healthy and in form, he could be the pivotal figure if the U.S. emerges from a difficult first-stage group in Germany come June. Johnson hasn’t played a game since September, hasn’t been healthy since May, but he says he’s feeling no pain and is itching to get back onto the field. AD Quality Auto 360p 720p 1080p Top articles1/5READ MORESanta Anita opens winter meet Saturday with loaded card “(I just want) to get out there, get out in that environment, feel that pressure, that atmosphere at a high level like this,” Johnson said after nearly three weeks in the U.S. training camp at Home Depot Center. “Just get my form back, and once I get my form back, it’s just a matter of time before the goals start.” That’s encouraging talk for the U.S., which is best equipped on attack when Johnson teams with Brian McBride up top, with Galaxy forward Landon Donovan making runs underneath and DaMarcus Beasley attacking from the left flank. “I think (Eddie’s) done well,” said U.S. coach Bruce Arena, who opened training camp at Home Depot Center on Jan. 4. “I had my concerns, and I think he’s a little ahead of schedule. Obviously, this injury – the simplest way to describe it, they call it ‘turf toe’ – there’s a psychological aspect of getting through (the soreness), but we can see his injury is behind him.?” “It’s going to take him a little time because, for the most part, he missed the entire year last year. We don’t expect him to come in full speed, but he’s doing well.” Donovan, Beasley, midfielder Claudio Reyna and goalkeeper Kasey Keller are the established U.S. stars, but consensus is that Johnson could become America’s first soccer superstar. center_img One of the first inner-city products to emerge in American soccer, he starred for the U.S. under-17 team in 2000 and 2001, scoring 23 goals in 25 games. After turning pro at 17, he was a role player in Dallas, more potential than anything else, his first three seasons in Major League Soccer. After winning the Golden Shoe as top scorer at the 2003 FIFA World Youth (under-20) Championships, Johnson established himself among the deadliest strikers in MLS, netting 12 goals in 2004. That led to a call-up to the full national team, and he scored six goals in his first four games – all World Cup qualifiers – drawing interest from top European clubs and a $5 million bid from Portuguese power Benfica, the biggest sum ever offered (and declined) for a U.S. soccer player. Johnson, who plays bigger than his 6-foot, 170-pound frame, scored five goals in his first nine matches last season with Dallas, then sustained the injury to his right big toe. After an ill-advised return in August, and a stint in the Americans’ Sept. 7 World Cup qualifier in Guatemala, he shut down. “I’m just trying to take it one game at a time,” Johnson said last week. “Right now I’m trying to concentrate on what’s ahead of me, and that’s Canada. And after Canada, it’s Norway (next Sunday at HDC). Then if I do well in those games, my chances in Germany this year are greater.” Arena, with a roster almost entirely of domestic players, has offered no hints on his lineup for Canada, and Johnson has no expectations. “If it’s five minutes, 10 minutes, I’m just happy to get out there on the field,” he said. “I hope the defenders are tired when I get in, and I get a goal, keep that streak going. “Every time I get on the field, I just know I’ve got to score. If I get five chances, every one out of five chances I get, I need to put it away.” Scott French, (818) 713-3617 scott.french@dailynews.com U.S. vs. CANADA Kickoff: 5 p.m., Torero Stadium, University of San Diego. TV/Radio: None. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

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RALLY UPDATE: BOYLES STILL IN FRONT IN TIGHT RACE

first_imgUpdate to Stage 12 O/ACarDriver/CodriverMakeClassPosSS12RoadTotalDiff 1stDiff Prev12Declan Boyle/Brian BoyleSubaru WRC6O/A7:16.50:001:23:39.021Sam Moffett/James O’ReillyFord Fiesta WRC6O/A7:21.50:001:24:07.40:28.40:28.437Darren Gass/Enda SherrySubaru WRC6O/A7:15.80:001:24:20.70:41.70:13.343Garry Jennings/Rory KennedySubaru WRC617:29.80:001:24:55.01:16.00:34.356Derek McGarrity/James McKeeSubaru WRC627:33.50:001:27:07.23:28.22:12.2Results for the National categoryO/ACarDriver/CodriverMakeClassPosSS12RoadTotalDiff 1stDiff Prev115Daniel McKenna/Arthur KieransFord Escort Mk214O/A7:42.50:001:27:24.3214Gary McPhillips/Paul SheridanFord Escort Mk214O/A7:39.00:001:27:44.10:19.80:19.8332Conor Harvey/Gerard CallaghanFord Escort14O/A8:20.90:001:30:04.62:40.32:20.54134RPatrick Bradley/Niall McDaidFord Escort G313112:08.45:002:03:28.936:04.633:24.35100RMichael McClafferty/Damien WhoriskeyHonda Civic11F112:08.45:002:03:55.236:30.90:26.3659RChristopher Snow/Sean BruntonHonda Civic11F212:08.45:002:05:33.438:09.11:38.27117RPatrick Bonner/Jamsie WardFord Escort Mk212112:08.45:002:15:01.747:37.49:28.38105RShane Stanley/Liam FuohyHonda Civic9112:08.45:002:20:42.453:18.15:40.7   RALLY UPDATE: BOYLES STILL IN FRONT IN TIGHT RACE was last modified: June 21st, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:2014donegal rallystage 12last_img read more

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Europe – Asia fares plummet

first_imgThe cost of flying to Europe is about to tumble with Singaporean low-cost carrier Scoot announcing new one-way  fares to Athens starting at $S288 from Singapore and as low as  $A369  from Australia.Scoot will start four times weekly services between Singapore and Athens from June 20  nest year using its 329-seat Boeing 787-8 Dreamliners.The state-of-the-art, fuel efficient  planes come with 18 “ScootBiz” seats with a 38-inch seat pitch and economy seats with pitches ranging from a tight 30 inches to a more comfortable – but pricier – 34 inches.Economy travellers can choose a stripped down basic fare that sees them pay extra for services such as checked baggage, entertainment or food or opt for more expensive fares that include baggage or baggage and food.  Those wanting to keep themselves amused on the long-haul flight can opt for ScootTV streaming, which  allows passengers to access a range of movies and TV shows to their own devices.ScootBiz seats are comparable to premium economy seats on full-service carriers and come in a 2-3-2 configuration of 22-inch wide all-leather seats with adjustable leg rests. The airline bundles the seats with meals, drinks, in-seat power, ScootTV and 30kg of checked baggage.Price-wise, Singaporeans are looking at tax-inclusive launch fares ranging from $S288 one-way for a no-frills FLY fare to $S888 for ScootBiz.For Australians, one-way  tax-inclusive fares from Perth to Athens start at $A369 for the basic option  with FlyBag starting at $A461, FlyBagEat  at $A526 and  Scootbiz at $A1099.Sydney, Melbourne and  Gold Coast FLY fares are available from $A419 one way, while FlyBag starts at $A513, FlyBagEat at  $A578  and ScootBiz at $A1199. Scoot is also offering a 10 per cent discount promotion until August 31. The 10,000-km plus flight will be the longest currently operated by an LCC and is part of a  strategy by Scoot’s ultimate parent, the Singapore Airlines Group, to stimulate traffic between the Asia-Pacific and Europe while boosting connectivity through its hub.Budget Aviation Holdings chairman Lee Lik Hsin said the move to Europe was a result of demand from passengers.“Scoot has devoted much thought to configuring our cabin product and services to elevate and transform the low-cost travel experience, enabled by our world-first all-787 Dreamlliner fleet, and this has positioned us well to mount our first ever long-haul flight between Asia Pacific and Europe,” he said.The Dreamliner offers a quieter, smoother ride with increased cabin pressure and humidity designed to leave travellers feeling fresher after a long flight.The services will operate Tuesday, Thursday, Saturday and Sunday, leaving Singapore at 2am and arriving in Athens at 8.30am.  Flights from Athens will leave at noon and arrive in Singapore at 4.25am.last_img read more

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Pritties Accessories Set of 6 Butterfly Mini Hair Claw Clips Clamps Grips 2cm by – look nice and hold your hair in place perfectly

first_imgGreat Hair Basic Butterfly Design Clip Measure 2cm (0.8″) SummaryReviewer Nathalie DuboisReview Date2019-06-07 14:52:46Reviewed Item Set of 6 Black Butterfly Mini Hair Claw Clips Clamps Grips 2cm by Pritties AccessoriesRating 4.3 / 5  stars, based on  15  reviews These clips are the most perfect shape & size for supporting my orchids. They clip round the stem & the supporting stick absolutely brilliantly. Beautiful 🙂 good service, i do recommend. To big i was expecting them smaller. Very handy clips, look nice and hold your hair in place perfectly. Look good at any time of the day ;). Just what i wanted to clip some lights on my decorative twigs. Arrived quickly and just what i expected. look nice and hold your hair in place perfectly Features of Set of 6 Black Butterfly Mini Hair Claw Clips Clamps Grips 2cm by Pritties AccessoriesSet of 6 Mini Plastic Claw ClipsButterfly DesignClip Measure 2cm (0.8″)Great Hair BasicSet of 6 Mini Plastic Claw Clips Three Stars Really cute but half of them arrived broken :(. These are a bit too weak for my thick hair but i use them on my orchids and jasmin and sweet peas. Just add some sticks and they are perfect. I might even use them for my tomato plants but i think those stems might be a bit to thick. Since the grip on these clips are not overly strong though it will not end up hurting the plant as it will just end up pushing the clip open over time. The first packet did arrive broken, every slingle one, as if someone had stepped on the packet but after contacting the sellers they got a brand new packet out to me asap and they were all intact. I think they must have upgraded the packing now as it cant be fun, or make business sense to be constantly sending replacement items. Anyway, thanks for the new clips and they are doing a great job. Posted on June 7, 2019Author Nathalie DuboisCategories ClawsTags Pritties Accessorieslast_img read more

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Ohio’s Crop Progress — July 5, 2017

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Sunshine Followed by More RainDry conditions at the beginning of the week gave way to significant rainfall by the week’s end, according to Cheryl Turner, Ohio State Statistician with the USDA’s National Agricultural Statistics Service. There were 4.6 days suitable for fieldwork for the week ending July 2nd. Sunny weather and cooler temperatures early in the week were ideal for field work, allowing winter wheat harvest to progress rapidly and remain ahead of the five-year average. Heavy rains on Thursday and Friday saturated fields and stalled harvest progress for wheat, oat and hay producers, especially in northern and western counties. Most reporters continued to indicate that corn and soybean crops were in good to fair condition; some producers reported this week’s rain caused ponding in fields and yellowing of plants due to excess moisture. Other activities for the week included cutting and baling hay, baling straw, applying post- emergent herbicides, side dressing corn, and certifying crops with FSA.Click here to see the full reportlast_img read more

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How to Scale Without Losing Your Shirt

first_imgA Web Developer’s New Best Friend is the AI Wai… Tags:#Gritty Entrepreneurs#NYT#start#StartUp 101 8 Best WordPress Hosting Solutions on the Market Why Tech Companies Need Simpler Terms of Servic… Related Posts center_img Top Reasons to Go With Managed WordPress Hosting bernard lunn This is one post/chapter in a serialized book called Startup 101. For the introduction and table of contents, please click here.There comes a time for every venture when the owners have to decide whether hockey-stick-like growth is feasible or not. In your initial plan, you indicated a sudden surge in revenue at a certain point in time, i.e. where the hockey stick shows up. You have now reached that point. You may have a great business, but will it hit the big time?You need to make an honest, clear-eyed assessment at this stage. You might spend money in the hope of achieving that growth and end up losing everything, which would be a big shame if your business was profitable and growing at normal rates (and therefore valuable). On the other hand, forgoing a chance at the big time just because you are too nervous would be equally unfortunate. How do you navigate this complex decision?Understand Your Investor’s AgendaIf you go for growth and miss your numbers and have to raise more money, your investor will get hurt a bit and you will get hurt a lot. The investor can put in more money, and they will do it on harsh terms if they have to because you have missed your numbers. You may end up with nothing at the end of the day while the investor will get their money back plus some.If you don’t know how that works, look up and understand Liquidation Preference. Your contract with the VC will have a Liquidation Preference clause. It is a perfectly reasonable term (although there are egregious variants), but it can really hurt you under certain circumstances. Basically, your view of risk and your VC’s view of risk are different.Let’s look at a simple case. Let’s say your VC invested $3 million for a 30% equity share and has a 5% Liquidation Preference (quite reasonable — not one of those egregious variants) and that your business sells five years later for $3.8 million. What will you and your team get? Because you and your partners and team own 70% of the shares, you would get 70% of $3.8 million, right?Wrong. You get zip. Nada. Nothing. Just do the compound interest calculation to see why. The fact that you own 70% of the common shares means nothing in this case. The VC gets their money back with interest, which is not a good result but not a disaster either.If your venture does reasonably well and sells for $50 million, you and your VC will do just fine. The VC will get $3.8 million, and you will divide up $46.2 million (i.e. $50 – $3.8 million) according to the ratio of shares owned. (That works out to over $30 million for you and your 70%-owning team.)If you hit the ball out of the park and sell for $500 million, the Liquidation Preference becomes essentially a rounding error of interest only to accountants. If your venture misses its numbers and sells for $3.8 million, you will get nothing, which is quite reasonable: the VC bought into a dream and a team, and if you do not deliver, you shouldn’t get anything.Even if the whole business goes kaput without any realizable value, your venture is still just one among many companies in the VC’s portfolio. VCs don’t like losing ventures, but as they say, “This will hurt you a lot more than it hurts me.” This is akin to the chicken and pig contributing to the eggs-and-bacon breakfast: the chicken may be involved, but the pig is “committed.”Just understand that your interests may not be aligned and that your and their views of risk may be different.Raise More and Go for It?Let’s say you raised $3 million, and you are now gaining traction and everyone is telling you to raise more and really go for it. The VCs are ready to write a big check. It’s a no-brainer, right? Wrong. This is when you need to think hard.Suppose you raise a second round. It’s a nice big one for $10 million, and the headline valuation is triple that of your first round. You and your team are giving each other high fives. Perhaps you don’t look too hard at the Liquidation Preference. This time, the terms may actually be egregious, but the thought of that $10 million and the headline valuation number cause you to overlook that.For example, Mark Zuckerberg should be a billionaire because he owns a ton of founding stock in Facebook? Well, Facebook has raised $640 million and some of it a long time ago. There would almost certainly be Liquidation Preference. If Facebook sold for around $1 billion today, Mark Zuckerberg would probably walk away with nothing but a lot of experience and memories. But Facebook would never sell for as little as that, so not to worry, right?Entrepreneurs are optimistic by nature. They have to be if they are going to get out of bed every morning and work against the odds as passionately as they do. VCs don’t have to be optimistic: their downside is pretty well covered.Run the numbers — all of them, not just the rosy projections — and see where you end up. Then make sure your interests and the VC’s really are aligned.And how do you align interests? Five ways.1. Align Around FactsFacts are hard to come by in a startup. There is a ton of unknowns. So separate fact from forecast: you can take facts to the bank, but you run sensitivity analysis on forecasts. If that sounds intangible, here is the simple version. Take your forecast and…Double the cost,Halve the revenue,Double the time it takes to do everything in the forecast.First, do you have enough capital for this scenario?Secondly, look at what the business would be valued at in such a scenario… not what you hope it will be valued at, but rather what other companies in a similar position are being valued at.2. Focus on Server CostsIn the Web 2.0 era, we achieved control over the costs that bedeviled the 1.0 era:R&D costs have shrunk through a mix of open source, new development tools and offshore resources.Marketing costs have shrunk, thanks social media and viral marketing.Hearing the proud claim that “Our major costs are now only our servers” has become common. For some businesses, that is no longer a proud refrain but a business problem. If you hit that magic viral moment when user traffic takes off, you had better have some of these three things:An incredibly low cost per user as a result of some really smart performance optimization,A revenue model that kicks in right after traffic grows,Enough capital to sustain you until #1 or 2 is figured out.Ideally, you would have all bases covered, but two out of three is fine. Look at Google. It had #1 and 2. Twitter and Facebook have #3. I would prefer to own Google.Even if revenue growth is lower than forecast, if the server costs are under control and user growth is booming, you will get more VC money on good terms.So, don’t skimp on that software performance design and coding early in the game. Leaving it as an afterthought was okay for a venture starting out in 2004, not for one starting out in 2009.3. Control the Business Planning ProcessThis means you will need a process. If that goes against your grain (because, say, you are a creative type, a great hacker, or a sharp sales guy), then find someone on your team who can really run the numbers and unite everyone around a common planning process.The type of process will depend on the type of business. At a high level, they all address these questions:Where are we now?Where do we want to get to?How do we get there?As the entrepreneur/CEO, though, you need to own this process and drive it. The worst thing you could do is let a junior member do this for you. They don’t truly understand your business and certainly don’t care about it as much as you do, and their interests won’t be the same as yours.The process must be dynamic and based on a financial model. This means you should be able to adjust each variable and re-plan efficiently as circumstances change. Your VC may use earlier plans to beat you up a bit, but those plans are irrelevant; all that matters is the current one (and your VC knows that).4. Talk to Your Independent AdviserThis is when you will find it valuable to have an independent adviser on your board (see Building an Advisory Board). Being independent means that the adviser was not nominated by the VC. Having someone like that on the board (as opposed to their being merely a friendly mentor) is important because they will then know the numbers and character of the VC better. When you need critical advice in a hurry, it is vital that your adviser knows these things.5. Do a Deal That Aligns Your InterestsThis is possible. If you have a good VC, a good board, and some good advisers, having an honest dialogue to get everyone’s interests aligned is quite easy. If you have a lousy VC and a toxic board, you will have a nasty fight on your hands. Don’t shirk that fight.The simplest way to align interests is for the VC to buy some stock from you and your founding team. But the right amount: not so much that they will be afraid (justifiably) that you will walk away to play golf or start another venture, but enough that your family feels secure and personal finances are not a worry. Too much stress is not productive. In other words, you and your VC should be in the same boat and view the world and your risk with the same perspective.When your business finally gains traction and VCs want to invest more money because they see the big pot of gold at the end of the rainbow, your negotiating position will be strong. At this stage, they need you more than you need them. But don’t abuse this position of strength: just use it to get what you and your team reasonably need, and then march on together to build the big dream.Photo credit: jurvetson.last_img read more

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