Fri.Nov 09, 2012

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People Comparison Shop, Stupid

ConversionXL

If you think people might buy your products or services without checking out the competition first, think again. Research says that on average consumers visit three websites before making a purchase. Another insight by the same study was that the more sites a consumer visits, the more money they are likely to spend. In other words, the more expensive the product, the more time people take to comparison shop.

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Some Quick Thoughts on Exits for Technology Startups

Both Sides of the Table

Later today I’m presenting at the annual Rincon Ventures Summit in Santa Barbara. Startup Exits: A Primer from msuster. I thought you might like to see an advance copy of what I’m going to cover. I speak privately a lot about getting an exit at a startup. I haven’t spoken publicly about it much but since Rincon asked – I agreed.

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Dealing With Distressed Clients: Nine Ways To Stop Dreading Them… And Start Helping Them

YoungUpstarts

by Joseph and JoAnn Callaway, authors of “ Clients First “. When the economy tanked in 2008, the way we saw the world shifted. Fear took over. People worried they’d go to work one day and discover they no longer had a job. They worried that they might fail their families, that their retirement savings were gone forever, that they might never get back on their feet.

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Kenai – RIP

Feld Thoughts

Our beloved dog Kenai died yesterday at 10:20 am. He was at our house in Eldorado Springs with Amy and our other dog Brooks. It was sudden and unexpected – he went quickly and painlessly. He was 12. My last moment with him was the day before when I left the house to go to the office. I had my bags with me as I was heading out for an overnight trip to Oklahoma City.

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Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

Every startup and innovation project exists within an ecosystem that either helps or hurts that project. As innovation managers, we need to keep a pulse of that ecosystem and make sure we're helping those innovation projects we're managing every step of the way. In this webinar, Nick Noreña will walk through an Innovation Ecosystem Model that he and his team at Kromatic have developed to help investors, heads of product, teachers, and executives understand how they can best support innovation in

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Google Ventures dedicates $1.5 billion to invest in startups, expands fund to $300 million a year

The Next Web

Google yesterday held Google Ventures event and today shared some new figures. To sum up, Google Ventures is dedicating $1.5 billion to invest in startups over the next five years, boosting the size of its fund by 50 percent, from $200 million to $300 million a year. The move puts Google’s venture capital investment arm on the same level as more established corporate venture funds, which easily invest at least $300 million a year.

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How To Build A Wildly Successful Business

Mike Michalowicz

Mike Michalowicz, Author of The Pumpkin Plan , lectured in October 2012 in Philadelphia on how to build a wildly successful business. Using strategies Michalowicz learned from colossal pumpkin farmers, entrepreneurs can grow a colossal business. It all starts with selecting the right seed.

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Docstoc launches video program for its 30m users, may raise funds for acquisitions, but not service

The Next Web

Docstoc , the document-sharing service that focuses on helping small business operators start and grow their companies, has a new video course designed to help offer advice and education for entrepreneurs. With over 30 million registered users and 25 million documents shared on the site, the company has been focused on becoming the toolkit for businesses and entrepreneurs.

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Predicting the future is getting harder as markets spin up faster and faster: Daily deals no longer driving Groupon

The Equity Kicker

Groupon announced their results yesterday and when considered at the highest level they aren’t bad. Revenues for the July-September quarter were $569m, up 32% on the year ago and losses narrowed considerably to $3m for the quarter. As I write this their market cap is $2.6bn. Most four year old companies would take that. But Wall Street isn’t thinking about the fact that Groupon is only four years old, they are thinking about the promises made when the company IPOd a year ago, and the

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“Can I Just Have a Five Minute Nap?”

Scott Edward Walker

“People often say that motivation doesn’t last. Well, neither does bathing – that’s why we recommend it daily.” – Zig Ziglar Welcome to our weekly series “ Motivational Clips for Entrepreneurs.” Each week, we share a favorite video clip to inspire and motivate entrepreneurs. Why? Because we know how tough it is being an entrepreneur; and whether you’re launching a venture, trying to execute your business model or raising funds, you need a little juice to help you push the ball forward.

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5 Trends That Will Shape Small Business in 2013

Duct Tape Marketing

This post originally appeared in my column for American Express OPENForum. photo credit: Joel Bedford via photopin cc As you start preparing for next year, you may wish you had a crystal ball to see what’s in store for your business. Lucky for you, for the past three years at Open Forum , I’ve been suggesting imminent trends that will most impact small businesses in the coming year.

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Erli Bird: A Startup Connecting Other Startups With Early Adopters

ReadWriteStart

Don’t listen to customers, develop your products in secret and make every decision yourself. This approach worked for Steve Jobs. But it won’t work for your startup because you’re not Steve Jobs. (Heck, even Steve Jobs wasn’t Steve Jobs.). If you want to succeed today, you need to put your product out on the market, collect user feedback and keep tweaking it to make sure you’ve got a winner.

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Twitter Link Roundup #153 – Small Business, Social Media, Design, Copywriting, Marketing And More

crowdSPRING Blog

Every day on the crowdSPRING Twitter account and on my own Twitter account , I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Here are some of the links that I’ve liked and shared this past week!

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Anti-launch inertia

The Startup Toolkit

The longer you wait, the harder it gets. Inertia accumulates. The project’s tendrils snake down and hold it in place. It takes on grand proportions. It’s not just the big company launches that are vulnerable. Little projects fall victim too… Sending that email to a client. Deploying those features. Publishing a blog post (ahem). Momentum builds in a good way, too.

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Of Politics, Pundits, Links, and Movies

entrepreMusings

So much to write about and so little time. As the world knows, Obama won! I hope he can continue the trend around change and find a way to bring a divided nation together for all of our sakes. Check out Fred Wilson’s (A venture capitalist in New York) post on the topic How Do You Take The Vote? I like the way he outlined the results. I recently saw a movie called Cloud Atlas that was well done and though provoking.

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Startups Need Teamwork Entering the Perfect Storm

Startup Professionals Musings

A " perfect storm " is an expression that describes an event where a rare combination of circumstances aggravate an environment drastically. In the entrepreneur world, I feel we are in such a situation now for new startups, with the confluence of business recession/recovery, the explosion of new digital technologies, and financial turmoil around the world.

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