Wed.Sep 07, 2016

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Turning Ideas Into A Business Requires Smart Selling

Startup Professionals Musings

Most aspiring entrepreneurs believe that a great idea alone will assure business success. Experts argue that it’s more important to have a great plan, and personal business acumen. Hardly anyone mentions selling principles. Yet in this age when customers have a thousand alternatives, and are overwhelmed by a multitude of messages, sales efforts can make or break a business.

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5 Techniques Every Startup Can Use to Retain Customers

Up and Running

As part of a startup business, you’ll know that there is no greater desire to win your first customer or your tenth customer. You’ll do whatever it takes to call a customer your own. That quest will become so all-consuming, you’ll practically fantasize about it. I’ve heard some entrepreneurs compare that feeling to owning their first pet. It’s a neat analogy: Like customers, pets get stolen, escape, or get lost.

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The Robots Are Coming for Investment Bankers, Not Just Truck Drivers

Hunter Walker

The whole process had taken just a few minutes. Generating a similar query without automation, he said, ‘‘would have taken days, probably 40 man-hours, from people who were making an average of $350,000 to $500,000 a year.’’. Fascinating New York Times article of the impact an analytics startup called Kensho is having in investment banking. High frequency trading driven by algorithms have dominated the transaction side of public markets and it makes sense to see software crawl (literally in this

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Working Hard is not the same as working smart

Steve Blank

Measuring how hard your team is working by counting the number of hours they work or what time they get in and leave is how amateurs run companies. The number of hours worked is not the same as how effective they (and you) are. I had been invited by Rahul, one of my students from long ago, to stop in and see how his startup was doing. Actually startup would be a misnomer as Rahul had built a great company, now over $50M in annual revenue with hundreds of employees.

Metrics 220
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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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The Robots Are Coming for Investment Bankers, Not Just Truck Drivers

Hunter Walker

The whole process had taken just a few minutes. Generating a similar query without automation, he said, ‘‘would have taken days, probably 40 man-hours, from people who were making an average of $350,000 to $500,000 a year.’’. Fascinating New York Times article of the impact an analytics startup called Kensho is having in investment banking. High frequency trading driven by algorithms have dominated the transaction side of public markets and it makes sense to see software crawl (literally in this

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Working Hard is not the same as working smart

Steve Blank

Measuring how hard your team is working by counting the number of hours they work or what time they get in and leave is how amateurs run companies. The number of hours worked is not the same as how effective they (and you) are. I had been invited by Rahul, one of my students from long ago, to stop in and see how his startup was doing. Actually startup would be a misnomer as Rahul had built a great company, now over $50M in annual revenue with hundreds of employees.

Metrics 186

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Dell Technologies Completes its Merger with EMC Corp.

SiliconHills

In a $60 billion deal, Dell Technologies Wednesday closed its acquisition of EMC Corp. launching a new chapter for the 32 year old company, founded in a dorm room at the University of Texas at Austin. It is the largest tech deal ever. And Dell gets the award for coolest aerial stunt to introduce a […] The post Dell Technologies Completes its Merger with EMC Corp. appeared first on SiliconHills.

Merger 48
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Today’s Cold Chain – Connecting The World Of Care

YoungUpstarts

By Dr. Karen M. Reddington, president, FedEx Express Asia Pacific. Just as modern medicine allows us to see inside and monitor the human body in real time, cold chain logistics is doing the same for healthcare shipments vital to the future well-being of all of us. It is crucial that these temperature-controlled packages remain healthy, viable, uninterrupted, and connected to the world.

Asia 100
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7 Ways Entrepreneurs Can Stay Healthy During Stressful Times

YFS Magazine

Once you let the stress go, everything else will become much easier.

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The Most Important Time of Year Just Started.

Growthink Blog

[ Click Here to register for my Friday Webinar on the “ 7 Keys to Business Plan Success ”] Happy September! For many of us, this week is a turning of the page - from the slower, vacation and family-focused summer months - to the full-on business sprint to the end of the year. In financial markets, the window between Labor Day and Thanksgiving is often referred to as "Capital-Raising Season," as it is a very active time for companies and investors to connect, to diligence each other, and to do de

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Ruthless Math

Austin Startup

September 12, 2016: Today’s essay is on running your startup by the numbers, once it is no longer a twinkle in your eye and has actually… Continue reading on Austin Startups ».

Austin 48
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The Shape of Traction

Rob Go

We do a fair bit of investing in companies pre-product and spend a lot of time speaking with entrepreneurs before they have found strong product/market fit. The tricky thing about the period before strong PMF is that it’s rare that things are obviously not working. If you are a smart, competent team building quality products, usually you can squint to see some evidence that things are “sort of working” and believe that with a few more iterations or more scale, things will real

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Here’s Why Social Media Marketing Works On A Startup Budget

YFS Magazine

Social media is the future of marketing, there is no doubt.

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Entrepreneur Turns What Was a Job Into a Business of His Own

The Entrepreneurial Mind

TweetFacebookLinkedInTumblrStumbleDiggDelicious. The post Entrepreneur Turns What Was a Job Into a Business of His Own appeared first on Dr Jeff Cornwall.

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Designing An Impactful Website On A Limited Budget

YoungUpstarts

By Carmen Pietrau, Content Strategist at Dreamstime. Most small businesses operate on lean budgets. Money is spent on marketing, sales efforts, and the actual product, and often, there’s not much left. The realities of tight budgets also affect the company’s digital billboard – the website. Designing an engaging website on a limited budget is possible, but requires following several best practices.

Design 109
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Can you give me some tips on hiring a manager?

The Entrepreneurial Mind

TweetFacebookLinkedInTumblrStumbleDiggDelicious. The post Can you give me some tips on hiring a manager? appeared first on Dr Jeff Cornwall.

Hiring 40
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Rolling Out The Red Carpet For Your Customers

Duct Tape Marketing

Rolling Out The Red Carpet For Your Customers written by John Jantsch read more at Duct Tape Marketing. Marketing Podcast with Donna Cutting. Let me ask you this – think about how much time you spend trying to get clicks, drive traffic, make the phone ring. Now, compare that to how much time you spend making sure your customers have an amazing experience every single time they interact with your company.

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Cialdini’s 7th Persuasion Principle: Using Unity in Online Marketing

ConversionXL

If you’ve worked in marketing, sales, conversion optimization – any role that has to do with strategic communications/persuasion – you’re likely familiar with the work of Dr. Robert Cialdini. Since his last book, Influence , came out 30 some years ago, his work has done nothing but influence new generations of those of us in the strategic/persuasive communications space.