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Impact Entrepreneur

The financial risks that a business needs to manage

Another guest post from CloudCfo, the accounting and finance experts for companies in the Philippines. CloudCfo has partnered with Impact Hub over the last number of months and Mickael Cardoso, CEO of CloudCfo, has also been involved in mentoring startups through the Impact Hub Elevate Training Program.

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Product-Market Fit and How Startups Can Take Advantage

In the Philippines, the startup boom is catching up with the rest of the world. Just recently, the Department of Science and Technology (DOST) said it was seeking a ₱3 billion budget for the development of thousands of the country’s startups. But how does one know if a startup is on the right track during its early stages of growth? That’s where Product-market fit (PMF) comes in. While just one of the many factors that can really determine a startup’s success, PMF helps you avoid unnecessary spending and determines if your startup has what it takes to last in the market.

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Gerald Castillo

Establishing Your Startups Core Values

For startups, there’s more to come up with a set of core values than just jotting down positive words that seem good for the business. If you’re venturing into a startup business of your own, you should know that with every product or service purchased by a customer comes the potential that your brand’s core values can be endorsed to others. People will soon come to know what your brand is all about whether you prioritize social entrepreneurship or go for customer satisfaction and help them decide if they can place their loyalty on your brand or otherwise. 

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