Mon.Jul 01, 2013

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8 Reality Checks That Every Startup Founder Dreads

Startup Professionals Musings

'Starting a business is a lot like starting a marriage. At first, all parties are in dreamland, with a vision of changing the world, having lots of fun, and raking in the profits. But all too soon, reality sets in. Product development is stuck at that 90% mark, a key person leaves, and customers are talking but not buying. In his book Reality Check , Guy Kawasaki summarizes some of the key issues.

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[Infographic] Are You An Entrepreneur?

YoungUpstarts

'We’ve already looked at what kind of mindsets and skillsets make the best entrepreneurs , but can you tell if you’re a natural born business leader? Is it the ability to manage money? Your innermost motivations? Or how about the way you conduct yourself while networking or even how organized you are? Well, here’s a fun infographic that is pretty much a flowchart that helps you determine if you’re a true-blue natural entrepreneur, a budding entrepreneur with a lot of pote

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The Difference Between A Good Salesperson And A Bad One

Mike Michalowicz

'All salespeople are not created equal, and it can be hard to separate the good ones from the bad ones. But there is one way to differentiate them. Bad salespeople sell themselves. Great salespeople sell stuff. Mike Michalowicz, Author of The Pumpkin Plan, explains all in this video.

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Why Summer Is The Ideal Time To Grow Your Business

YoungUpstarts

'by Stacia Pierce , CEO of Ultimate Lifestyle Enterprises. Successful business owners know that you don’t take a break from your business because of holidays and seasons. You must keep the growth of your business as a top priority. While this doesn’t necessarily mean hard labor for you, growing your business year round is key. Now that summer has started, resist the urge to take a vacation from your business and creatively pursue new ways to get a big boost.

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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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Regroup Successful

Feld Thoughts

'My theme for Q2 was “regroup.” I wrote about this in my post When The Sun Comes Out in early May as I was starting to feel my depression lifting. It’s officially gone at this point – I feel normal, and have for at least a month (probably six weeks.) That’s long enough to declare this depressive episode over. The feedback I’ve gotten from talking openly about my depression has been incredible.

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St. Edward’s University’s Entrepreneur Program: Who Knew?

SiliconHills

'By SUSAN LAHEY Reporter with Silicon Hills News It’s a dubious distinction to be among Austin’s best kept secrets, but that pretty much describes St. Edward’s University’s entrepreneurship undergraduate program. As Tony Alvarado, interim chair of the program expressed when he came on at St. Ed’s in 2010: “Wow this is an amazing place! Does [.] The post St.

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Having Conviction

This is going to be BIG.

'I am going to be wrong over the course of my career--many times. I understand and accept that because I know that if I do not take risk, I will not make a return. On top of that, I am building a portfolio--and I plan to be a long term investor in the asset class. If you are trying to prove to yourself that any one particular deal will be successful, either a) you''ll never get there or b) you''re convincing yourself that you know more than you really do.

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Opportunities in ecommerce

The Equity Kicker

'There’s a good post on Business of Fashion this morning which identifies four ecommerce models that are working in fashion: Social curation (which they helpfully define as ‘product discovery and connecting people to inspiration’). Collaborative consumption. Vertically integrated ecommerce. Online market places. These models work in all areas of ecommerce and not just fashion, and I expect we will be making investments in all of them.

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SaaS on my mind

Eric Friedman

'I have had SaaS on my mind for quite awhile. I have been slow to write my thoughts here, but after some recent conversations I thought I would pick things back up again. You see, in going through my “ sandbox projects ” it was interesting to see that I have tried a few different business models in the past; consulting/development ( Dogsly / TodaysKicks ), ad vertising on DoBlu.com and Multiplayergames.com , consulting, and of course subscription ( SubscribeToIt.com ).

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Stormpulse Raises $1.3 Million

SiliconHills

'Stormpulse has raised $1.3 million led by 500 Startups and E-merge. The company crunches weather-related data to track major hurricanes, cyclones, typhoons and other storms. Stormpulse moved to Austin this year and launched the first version of its asset and risk management product. Matthew Wensing founded the company in 2004 in Chicago so he could [.

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Walker Twitter Highlights: June 17th – 30th

Scott Edward Walker

'I’m using Twitter as a form of micro-blogging to share interesting articles, posts and podcasts relating to entrepreneurship and startups, M&A and legal issues. Below are my five most popular tweets for the past two weeks. Cheers, Scott. . Top 5 Tweets. Quora: “What were the most ridiculous startup ideas that eventually became successful?

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Outbox Raises $5 Million to Revolutionize and Digitize Mail Delivery

SiliconHills

'Outbox, which digitizes postal mail and delivers it to a costumer’s computer, phone or iPad, just completed its Series A round of financing for $5 million. The Austin-based company previously raised $2.5 million in angel funding. The funds will allow the company to expand its operations in San Francisco and to hire more people, according [.] The post Outbox Raises $5 Million to Revolutionize and Digitize Mail Delivery appeared first on SiliconHills.

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Two Amazing Bar Charts: % Content Consumption, % Share of Search

Occam's Razor

'Would you believe me when I say that your digital analytics data, from Google Analytics or WebTrends et. al., might be hindering your ability to make some important strategic decisions? Would you believe me if I said that even leveraging cool features like custom reporting and smart advanced segments might be insufficient in some cases? Perhaps you are skeptical.

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SXSW PanelPicker Open for Programming Proposals

SiliconHills

'Got a great idea for the next big thing? Then South by Southwest’s PanelPicker might be a great place to vet your idea. Every year, SXSW puts together a portion of its popular annual conference from its PanelPicker process. That involves people submitting ideas, other voting on their favorite ideas and the SXSW folks selecting [.] The post SXSW PanelPicker Open for Programming Proposals appeared first on SiliconHills.

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It’s Just An App

Rob Go

'I’ve been hearing these words a lot recently. “It’s just an app” It’s usually said with a dismissive tone by an investor or industry pundit. Similarly, I’ve similarly heard entrepreneurs address this issue head on in the first 5 minutes of a pitch, and defensively say something like “don’t worry, this is more than just an app” My response has been pretty consistent – “what’s wrong with building an app?

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Lessons from a Fortune 100 CEO

Jeff Hilimire

'During my Leadership Atlanta experience my classmates and I were able to spend time with CEO’s and Presidents of major companies in Atlanta. A group of us, usually 20-30 of my classmates, would have an hour to pick the brains of these great leaders. I wrote about several of them, including our time with the CEO of Sam’s Club , the President of Coca-Cola Americas , and Delta’s President.

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4 Creative Ways to Reduce Small Business Startup Costs

Up and Running

'Small businesses are great. They allow individuals to follow their passions, be their own bosses and build their ideas from the ground up. They are the backbone of the economy. They are also expensive. But becoming an entrepreneur needn’t mean decimating your savings or robbing a bank— i n fact, there are four main strategies you can use to start a business on a budget : 1.

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I love that Delta had to put this sign up at the airport.

Jeff Hilimire

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