Sat.May 11, 2013

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How Entrepreneurs Qualify for Funding from Banks

Startup Professionals Musings

'A common question I get is “How do I get a bank loan to fund my startup?” The default answer is that it probably won’t happen, because most banks just don’t make bank loans to startups. The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back up the loan. That’s why Angel investors are so sought after by entrepreneurs.

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Six Simple Growth Equations

Life Beyond Code

'I was advising a young student who is getting into his first real job and wanted to keep everything plain and simple. The outcome was the following six simple growth equations. 1+1 = ? This is where you are working without a purpose. You don’t know what you want in life so you are confused whether you are growing or sliding sideways. The anxiety to “get things right” robs a lot of your growth. 1+1 = -1.

Vesting 154
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How VCs think: Is your startup a feature, a product or a business?

The Next Web

'Through my development as a junior VC, I regularly find myself asking questions similar to those of my entrepreneur friends. Without many ghosts of pitches past, I glean knowledge from others’ refined judgement and execution. Take it this way: venture capitalists are paid to act on a point of view, ideally one that proves profitable. But how do VCs identify what will return multiples on their money, many times years ahead of an outcome?

Product 151
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How Call Tracking with Google Analytics Increases Your Profits

ConversionXL

'According to a comScore Study commissioned by Google , 63% of website visitors complete their purchases offline. Online, we have plenty of ways to track visitor behavior. Tracking cookies, heat maps, click tracking, ad retargeting etc, but as soon as that person picks up the phone, we’re lost. But we don’t have to be. Without call tracking, you have no idea what web pages that caller has visited.

Analytics 116
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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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Small Business and Startups: Prepare For the Worst

crowdSPRING Blog

'Disaster strikes. Extreme weather events, fires, data storage failures, illness or even the death of a key team member can occur at any time and when something happens, will your small business be prepared? According to ReadWrite , 74% of small businesses do not have a disaster plan and 84% don’t even carry insurance against natural events. Preparing for a disaster is a simply matter of reviewing your vulnerabilities, developing a detailed plan, and training your employees for the inevita

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“It’s About How Hard You Can Get Hit and Keep Moving Forward”

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 forwar