Tue.May 27, 2014

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Founders. Run. Amok. It Starts With a Term Sheet.

This is going to be BIG.

'Last week, for just the second time ever, I passed on an investment opportunity because of the terms of the deal--both the price and the legal structure of the agreement. It was a company whose product I believed in and whose founder I liked, but a firm lobbed in a term sheet at a price 33% higher than what I had offered using a very light agreement meant for a much earlier stage company.

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5 Popular eCommerce Trends That Might Be Costing You Conversions

ConversionXL

'From image carousels to social media logins, trends spread like wildfire in the eCommerce industry. But, have you ever stopped to question the business implications of following these trends? ‘Everyone has that thing on their website,’ you think, “So it must be working!”. But that logic is flawed. Chances are, the sites you’re copying from are as clueless about the effectiveness of such trends as you are.

eCommerce 125
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An Alternative to the Uncertainty of Outcoursing

The Entrepreneurial Mind

'ENTREPRENEURIAL PROFILE : Peter Marcum: DevDigital. DevDigital has offices in Nashville, Tennessee and Baroda, India. DevDigital began as company that bought used Internet network assets, such as routers and switches, from distressed companies at a steep discount. The company would refurbish this hardware and resell it to small independent network companies.

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23 Best Ways To Get And Keep Motivated

YoungUpstarts

'by Geoffrey James, author of “ Business Without the Bullsh*t: 49 Secrets and Shortcuts You Need to Know “ No matter what you do for a living, the key to success is motivating yourself, each and every day. Most people don’t realize that motivation mostly emerges from minor changes in your own behavior. Here’s how to remain a go-getter, even when the going gets rough: 1.

Matching 200
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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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10 surprising pricing strategies that can drastically improve sales

The Next Web

'Gregory Ciotti is the marketing director at Help Scout. This post originally appeared on the Help Scout blog. Utilizing smart pricing strategies when selling your wares—be they products, services or subscriptions—is a must if you want to succeed in a competitive marketplace. The worse thing you can do is to try to wing it when it comes to pricing… yet this is a mistake I see many entrepreneurs making.

Sales 165
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The Best 2 Hours I Spent On My Business

YoungUpstarts

'by Josh Ludin, founder of the subscription box Blind Surprise. Let me tell you a quick story. When the idea of my first internet business was conceived, I was stuck where many young entrepreneurs frequently get caught – getting past that idea stage. I simply knew what I wanted to sell, and that I wanted to sell it over the internet, but had no real direction.

Tampa 170

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The Hardware Renaissance is gaining speed

Version One Ventures

'As I’ve written before , I’m bullish on hardware. Yet even I was blown away by how far the hardware renaissance has come over the past year. Version One recently spent a few days at Solid , Tim O’Reilly’s new conference that focuses on the intersection of hardware and software, where I led a panel on scaling hardware companies. The panel brought together some of Version One’s early hardware bets – Indiegogo , Tindie , and Upverter.

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Spending The Day With Another VC Firm

Feld Thoughts

'A few weeks ago Hunter Walk and Satya Patel of Homebrew , a one year old seed-stage VC firm that my partners and I are investors in, came and spent the day in Boulder. This wasn’t the typical “hey – I want to come see you for a meal when I’m in town” kind of meeting that happens with a lot of VCs. In this case, the firm (Homebrew) came by, committed a full 24 hours to being in Boulder, and went deep with me and my partners.

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Why Libraries Have The Fix To Office Distractions

Mike Michalowicz

'Talk about irony! The modern office space has become one of the worst places to be if you need to be productive. With ringing phones, chiming emails, interrupting coworkers, and meetings held to determine if you should hold meetings, it is hard to get any work done. The solution? Most people revert to longer hours. That’s a big mistake. Longer hours make you feel like you are working hard (hence being more productive), but the truth is you are not.

Email 140
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Tickets for #BoulderWin Event – June 4th

Feld Thoughts

'A couple of weeks ago, I wrote about an event a bunch of us in the Boulder startup community are putting together called #BoulderWin, a celebration for the sale of Gnip to Twitter. Instead of having a secretive closing dinner for a small number of folks, we are going to have a big party to welcome Twitter to town. #BoulderWin is happening on June 4th from 7pm – 10pm at the Boulder Theater.

Colorado 138
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RULEBREAKER AWARDS ANNOUNCES 15 CATEGORY WINNERS

Mike Michalowicz

'RULEBREAKER AWARDS ANNOUNCES 15 CATEGORY WINNERS; GRAND-PRIZE WINNER TO BE NAMED JUNE 10. Meet 15 Entrepreneurs Who Are Shaking Up the Business World. LAKEWOOD, CALIF., May 21, 2014 – 15 finalists have been chosen in the RuleBreaker awards. The unconventional awards program, sponsored by Nextiva, Skype and Constant Contact, celebrates entrepreneurs who ignore conventional wisdom, take the path less traveled and break all the rules in their pursuit of success.

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How to Avoid Taking “Dumb Money” in Your Startup

Up and Running

'You may think that when someone offers you money to fund your startup, you should find a way to take their money. But even more important than landing an investment offer is knowing when to say yes to investors and when to say, “Thanks, but no thanks.”. Just because someone has money doesn’t mean they have the knowledge to help you grow your business.

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The Year is Half Over, Where is Your Innovation?

Gregg Fraley, Author of Jack's Notebook

'The Year is Half Over, Where is Your Innovation? Underway? Running like a Swiss Watch? Missing in Action? Innovation Peeps: The year is nearly half over. Okay, in a month it will be officially half over. I’m doing this with seven months left this year so that you might get a running start on an innovation initiative — an “FEI Cycle” that you can complete by year end.

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Quick reminder: What to look for in job candidates

The Equity Kicker

'The Havard Business Review recently wrote about ‘five testable qualities that determine a candidate’s potential’ that their research has unearthed: The right kind of motivation: a determination to excel in the pursuit of unselfish goals (often evidenced by humility). Curiosity: a penchant for new experiences and openness to feedback, learning and change.

Partner 76
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How to think like a marketer and sell like a superstar – interview with John Jantsch

Early Growth Financial Services

'When I first started writing about small business marketing many years ago, one of the first people I heard about was John Jantsch of Duct Tape Marketing. John had a great reputation, a solid business and a well-respected and highly trafficked blog. I referred many clients to his first book, Duct Tape Marketing. Then to his second, The Referral Engine, and his third, The Commitment Engine.

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When Does a Customer Actually Become a Customer?

Duct Tape Marketing

'When Does a Customer Actually Become a Customer? written by John Jantsch read more at Small Business Marketing Blog from Duct Tape Marketing. For most businesses a customer becomes a customer when they buy a product, sign a contract or agree to terms of a deal. But I wonder if that view of the journey to convert leads to sales misses the bigger reality.

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Sometimes seeing really is believing

Jeff Hilimire

'I remember as a young man growing up playing tennis, my coach made us all read The Inner Game of Tennis. I’ll confess to never actually finishing it (sorry coach!), but I did get through most of it and the main impression it made on me was visualizing the game in order to improve. I soon became obsessed with particular strokes that my favorite pros had and I would watch them in slow motion on the VCR over and over.

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How Much Should Bootstrapped Startups Spend on Marketing and Advertising?

Early Growth Financial Services

'Previously published in YEC. Question: How should bootstrappers allocate resources for marketing and advertising? How do you figure out what’s reasonable when your company is still new? CHANNEL YOUR INNER SETH GODIN “When I was starting TalentEgg, I read a lot of Seth Godin, and one point stood out to me in particular. Seth often writes that advertising is the cost of having an unremarkable product.