Tue.Sep 09, 2014

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What Is a Balance Sheet?

Up and Running

'Assets = Liabilities + Equity. If you’re in the process of starting a business or writing a business plan document, you’ll have heard the phrase “balance sheet” mentioned, or maybe you’ve seen one in a sample business plan. The balance sheet is one of three essential parts that form the bedrock of a company’s financial statements: cash flow, balance sheet, and income statement.

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How To Think Like an Entrepreneur: the Inventure Cycle

Steve Blank

'The Lean Startup is a process for turning ideas into commercial ventures. Its premise is that startups begin with a series of untested hypotheses. They succeed by getting out of the building, testing those hypotheses and learning by iterating and refining minimal viable products in front of potential customers. That’s all well and good if you already have an idea.

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Financial Tips For Starting Your First Job

YoungUpstarts

'By Clare Levison, author of “ Frugal Isn’t Cheap: Spend Less, Save More, and Live Better “ As many college students are preparing to start a new school year, grads all across the country are finding themselves starting new jobs, meeting new co-workers, and of course, earning that all important paycheck. Here are some tips for navigating the financial waters of a first job and even if you’re not brand new to the workforce, this can be a great time for a quick financial check-up

Virginia 178
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The What & Why of Hiring a Great Startup COO

View from Seed

'This is a guest post from Stephano Kim , former co-founder of Web 1.0 success story Blackboard and veteran entrepreneur who’s held several COO and president roles at various startups. Many startup CEOs hire COOs or launch companies with a co-founder carrying the title. But what do COOs actually do for startups? When should founders hire one? Based on what criteria?

Hiring 336
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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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Righting The Ship Before 2015

YoungUpstarts

'by Joel Freimuth, CEO of Blue Pearl Consulting. The middle of the third quarter is the time to crunch the numbers and see how the first half of the year shaped up. If that look in the rearview mirror is painful, then there is work to be done to resurrect 2014 and most importantly, lead into a great new year. There is a natural difficulty in forging ahead when it feels like so much has been lost, but the ability to do this emits leadership to the rest of the team.

Chicago 154
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Andreessen Horowitz and the disruption of Silicon Valley

The Equity Kicker

'The Andreessen-Horowitz (A16Z) story is little short of amazing. In the traditionally slow moving world of venture capital they have gone from standing start to raising $4bn across three funds in 5 years – Summit Partners , an older highly successful later stage VC took 15 years to achieve the same feat. In addition to raising money A16Z have done an awesome job of building their brand and investing in great companies.

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Five Ways to Gain Story Fluency

Gregg Fraley, Author of Jack's Notebook

'Story Fluency and Innovation. Every time I blink these days I see another article on story. It’s something of a too popular buzzfad, but for good reason. Clearly, story is important in many aspects of marketing, communication, and innovation. The current literature tends to focus on understanding story, and, aligning a story with a brand, or an organization.

Video 123
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The Corporation of Utopia

Mike Michalowicz

'If you are like most people in business, you strive to be the best. Heck, we all do, right? Problem is, so many businesses strive to be the best – the leader at this, the world’s best at that. But most entrepreneurs try to be the best by measuring themselves against the competition. Sound familiar? You probably know what this looks like, right off the bat, because you have been doing it for so long.

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DreamIt Austin 2015 Applications Now Open!

Austin Startup

'Attention all entrepreneurs… applications for DreamIt Austin 2015 are now open! We’re extremely excited to bring back the DreamIt Austin program for its third year running.

Austin 67
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It’s Been Tried Before

Rob Go

'I got together with an entrepreneur the other day that was looking for some advice. He admitted that he had spoken to a number of angels and VC’s about the product he was working on, and their initial response was a fairly dismissive “I’ve seen this tried many times before” I’ve said those words before as well, both directly to entrepreneurs as well as in our internal conversations about companies.

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Walker Twitter Highlights: August 11th – September 8th

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 four weeks. Cheers, Scott. Top 5 Tweets. Quora: “What is the best piece of advice your mentor gave you before you founded your startup?

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13 Ways To Be A Great Startup Boss

Early Growth Financial Services

'Originally published in MonsterThinking. The following answers on what it takes to be an outstanding startup boss were provided by members of the Young Entrepreneur Council (YEC) in response to this question: What is the #1, must-have trait for a great boss? 1. An Understanding of Intrapreneurs Today, there are more and more intrapreneurs within companies.

Startup 46