Abraham Verninac
Bio
🤓 I am an entrepreneur who builds brands/influencer. And I want to chat with anyone that is interested in starting their own business/brand or who wants to take it to the next level! You can message me anytime!
Stories (119/0)
startup costs – deductible or not?
When starting a new business, there are a lot of costs to consider. You'll need money to pay for your website domain, hosting, and other expenses. But what you might not know is that many of these startup costs are tax deductible. In fact, if you're running a business which makes more than $50,000 in revenue, many startup costs can be deducted only if you take advantage of them right away.
By Abraham Verninac9 months ago in 01
The Great Cryptocurrency Mystery: Can You Actually Test Them?
Cryptocurrency is a hot topic these days, with more and more people investing in Bitcoin, Ethereum, and other digital currencies. But amidst all the hype and excitement, there is a dark side to the cryptocurrency world that many people overlook: the issue of security. With so much money floating around in the digital ether, it’s no wonder that hackers are constantly on the prowl. But can you actually test cryptocurrency to make sure it’s secure? Let’s dive in to find out.
By Abraham Verninac9 months ago in 01
Why should you go to an exciting startup instead of a big company when starting your career?
When starting your career, you often have a choice between 2 options: a big company or an exciting startup. I know it's not always that simple, but just focus on these 2 directions and ignore the others — they are not part of this discussion. You might have stumbled upon this post because an exciting startup has reached out to you, or a big company has already made you an offer (congratulations).
By Abraham Verninac10 months ago in 01
What does it mean to be a startup?
What does it mean to be a startup? Well, it depends on who you ask. Some people say that being in startup means that your company is building something new and innovative. Others claim that a startup is a company that has just launched (or will be launching) soon. Still, others describe startups as companies that are looking to disrupt their arena or industry and also usually invest in them.
By Abraham Verninac10 months ago in 01
What makes a startup business successful?
Startup business is a very tough field of business in which only a few succeeds. But with some smart move and some great idea of products, one can succeed easily. More than 90 percent of startups fails in the first year of its starting. So, it is necessary to mention the factors which increase the chance of success of startup business.
By Abraham Verninac10 months ago in 01
What are the options for startup founders who want to make money?
There are a ton of different options available to startup founders who want to make money. From bootstrapping and setting up the company in their garage, to fighting venture capitalists at big-name accelerator programs and more. As it turns out, they all face two kinds of problems – the problems of generating income (or rather, how to make money), and the problems of selling a product/service they created that they believe in.
By Abraham Verninac10 months ago in 01
The cost of running a startup – how much do you really burn?
Businesses all across the world are watching closely to see if a company like Uber can be successful. Many of those watching will look at Uber's valuation of $17 bn and think "wow… I want some of that". They'll look at Airbnb's $10 bn valuation, or Dropbox's $4 bn valuation, and think valuations are easy.
By Abraham Verninac11 months ago in 01
Stock options at startup companies: are they worth it?
The stock option value of startups is an intriguing question. Are they worth it? An astute observer may have noticed that this blog post was published in April of 2012. It's not very timely, and I'm sorry if you missed the chance to invest in Facebook at a discounted price.
By Abraham Verninac11 months ago in 01
My startup is failing. should i leave before it's too late?
Hi fellow entrepreneur, I'm Mike. About a year ago I joined an incubator program in the hopes of getting my latest business off the ground. I spent many hours working on the business plan and getting it ready to launch. When we finally launched all I did was market the business, but that didn't seem to matter because almost nobody signed up.
By Abraham Verninac11 months ago in 01