Wed.Feb 17, 2016

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The True Costs Of Entrepreneurship

YoungUpstarts

by Donovan Janus, founder of 17hats. When food and shelter are a freelancer’s two heaviest expenses, a conversation about “costs” sounds absurd, no? Unless you breakfast on caviar, truffles and Dom Pérignon in a Mediterranean villa tended by your manservant Basil, your costs can’t be that bad. Most freelancers build a business with gear they already own and write off whatever expenses arise.

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Behind-the-Scenes with a Startup Rebrand [Traction #19: Liz Wessel, WayUp]

View from Seed

Oh what’s in a name? Your startup’s name and branding become objects that represent your passion, pride, and determination. But startups change their names more often than their founders or teams might like, despite all the love for their current incarnation. So … why? What causes that? What influences should you listen to as a founder?

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Steps To Becoming A Savvy Bootstrapper

YoungUpstarts

Image credit: Bootstrapping from Shutterstock. by Brian Pontarelli, CEO of Inversoft. “One of the earliest and most critical decisions an entrepreneur must make is whether to self-fund a startup by bootstrapping, or raise outside funding through venture capital.” – Forbes. The majority of bootstrapping content is centered around being overly frugal – not paying founders and pinching pennies.

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Entrepreneurs are Everywhere Show No. 21, Part 1: Kathy Ku and Orin Herskowitz

Steve Blank

Research done by professors and their grad students in U.S. universities labs are being turned into commercial products and life saving drugs and devices thanks to an act of Congress – and the efforts of technology transfer offices in schools like Stanford and Columbia. How this research is transferred outside the university, and why this “tech transfer” process is important was the focus of an interview with two of the latest guests on Entrepreneurs are Everywhere , my radio s

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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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5 Tips And A Formula For Writing Amazing Headlines For Your Posts!

Brandanew

The importance of headlines can hardly be overstated. Newspapers and channels have already shown us the importance of sensational and attention grabbing headlines. The same principle also applies for any kind of online content targeted at potential customers. As this is the era of information overload, people have far too many options to choose from.

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SaaS Sales Compensation: How to Design the Right Plan

For Entrepreneurs

Intro Sales compensation is a more complex topic for SaaS/subscription revenue companies. Unlike traditional software sales, the job of sales doesn’t end when a new customer signs a contract. Instead, it is crucial to retain customers over many years, as that is how you maximize your revenues. In this blog post we will explore how.

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More Trending

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Figuring out Quota and Commission Rates

For Entrepreneurs

This post provides an in-depth look at how SaaS companies can approach setting sales quotas and commissions. It is a companion piece to our how-to guide on SaaS Sales Compensation: How to Design the Right Plan. We recommend starting with this first post. When setting specific comp targets, you’ll want to start by figuring out your quotas –.

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Work From Home Business Ideas You Can Start Tomorrow

YoungUpstarts

Thanks to the Internet, it’s never been easier to start a business from the comfort of your home. Today, we’re going to take a look at five of the best ideas out there that are perfect for those with an untapped entrepreneurial spirit. We can’t guarantee maximum success – that is entirely down to you – but we can help light the flame of an idea in your minds.

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When to Pay and Account for Commissions

For Entrepreneurs

This post is a companion piece to our how-to guide on SaaS Sales Compensation: How to Design the Right Plan. We recommend starting with this first, broader post. When to pay commissions Another important consideration in your plan, in addition to what you pay, is when you pay commissions.

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Stuff That Caught My Attention This Morning

Feld Thoughts

After all these years, I’m still a heavy RSS user. Every morning I click on my Daily folder in Chrome, open it up, and spend whatever time I feel like on it. The vast majority of what I read is in Feedly and includes my VC Collection as well as a bunch of other stuff. It’s almost entirely tech related, as I stay away from mainstream media during the week (e.g. no CNN, no CNBC, no NYT, no WSJ, no USA Today, no … well – you get the idea) since I view all this stuff as an in

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Proud to Lead an Investment in SeedCX

This is going to be BIG.

Did you know that it's illegal to trade onion futures? You can thank the Onion Futures Act of 1954. These are the kinds of things you learn when you back founders that are essentially students of agricultural commodities to build a new exchange. Their exchange will " use the tools of financial engineering to cultivate financial security in underserved markets, where there exists unique idiosyncratic risk.

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How to Start a Brewery

Up and Running

Part 1: Planning, Location, Equipment and Relationships. As of November 2015, there were 4,144 breweries in the U.S.—more than the historic high of 4,131 breweries in 1873, according to the Brewers Association. In such a crowded market, making good beer and opening the doors isn’t enough anymore. But, the good news is, if all these people could start a brewery, then you can too—as long as you know what you’re getting into and have a solid business plan for your brewery.

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You Should Ditch Tech And Launch Consumer Products Instead

YFS Magazine

I’m not saying give up on your journey as a tech entrepreneur, quite the contrary! I’m saying hop off the beaten tech path and try spending your resourceful time starting a business the old-fashioned way.

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HomeAway Launches “Stay Neighborly” Pilot Program in Austin

SiliconHills

At its downtown headquarters, HomeAway launched a pilot program Wednesday in Austin called “Stay Neighborly.” “Austin is a very small part of our global business,” HomeAway CEO Brian Sharples said. But HomeAway is a hometown business and it’s part of the Austin community, he said during a press conference. “We intend to reset the conversation […] The post HomeAway Launches “Stay Neighborly” Pilot Program in Austin appeared first on SiliconHills.

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Are Press Releases Still Effective? 5 Myths To Ignore

YFS Magazine

All businesses can benefit from good PR. A well-developed press release has the potential to garner the attention of your company's target audience.

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What the current market are and are not telling us

VC Adventure

In response to a comment to my post earlier this week about the Profit Imperative, I rattled off some ideas about the current state of the markets. I thought it was worth sharing as a full post (I’ve edited and expanded on the original comment). There are clearly headwinds in the markets – I’m not at all suggesting that there aren’t.

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5 Things To Consider Before Accepting A Press Interview

YFS Magazine

After you have considered these things, you’ll have a clearer idea about which press interviews are in the best interest of your business.

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Why Monopolizing The Market Is Poor Customer Service

crowdSPRING Blog

We’ve all played the classic board game Monopoly, and we know how frustrating it is when a player gets all of the prime real estate and has the gaul to put countless hotels on each space. It’s infuriating to watch them laugh their way to the bank while you hemorrhage all of your fake cash. You may be thinking that it’s a blast to take the cash and win the game (and no one is saying you’re wrong there), but have you considered the ways monopolizing the market hurts you, y

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10 Cool Business Ideas For Newbie Entrepreneurs

YFS Magazine

If you’re ready to have a little more fun (and income) this year, get inspired by one of these cool business ideas.

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Healthcare Cloud Provider ClearData Moves to Austin With 100 Jobs

SiliconHills

ClearDATA, a healthcare cloud services company, announced Wednesday to move their headquarters from Arizona to Austin. The Phoenix-based company is expected to bring 100 jobs including 80 which will be created in Austin, according to a news release. The company is working with Cushman & Wakefield to find its new headquarters in Austin. “As a […] The post Healthcare Cloud Provider ClearData Moves to Austin With 100 Jobs appeared first on SiliconHills.

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The question at hand, should I write blog posts on behalf of a company in order to raise money for charity

Jeff Hilimire

I’ve had a few companies reach out to me before about possibly blogging about their offerings in exchange for money, and I’ve always turned it down. Either the company wasn’t one that I actually was a client of, or the money wasn’t interesting. That changed a few days ago when I was approached by a company that I do use, and the offer was more interesting than ones in the past.

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How to Get a Meeting With Anyone

Duct Tape Marketing

How to Get a Meeting With Anyone written by John Jantsch read more at Duct Tape Marketing. Marketing Podcast with Stu Heinecke. Getting a meeting with the right prospects, influencers and mentors can make all the difference in the world when it comes to your business. But, you’ve probably also discovered that grabbing the attention of the right individuals doesn’t happen just because you picked up the phone and dialed them up.

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How Do I Prepare For Pitching My Startup To A Venture Capitalist?

Early Growth Financial Services

That is a question that we get here at EGFS on a regular basis in regards to fundraising. It’s important to know not only what to present to a venture capitalist, but how you get to that presentation in the first place. This webinar was put together in part by the help of our friends at Black Founders. Our own Sirk Roh sat down with Marlon Nichols, Managing Partner at Cross Culture Ventures, to discuss the best ways to approach a VC, and what they are looking for in a pitch.

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Wisdoms of The Pricing Man

Growthink Blog

“It is not the business that earns a profit adequate to its genuine costs of capital, to the risks of tomorrow and to the needs of tomorrow’s worker and pensioner, that “rips off” society. It is the business that fails to do so.” - Peter Drucker, The Delusion of ‘Profits,’ Wall Street Journal, 1975 I was recently recommended a great book, Confessions of the Pricing Man How Price: Affects Everything by Hermann Simon , widely considered the leading expert on business pricing of all time.

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