Tue.Sep 10, 2013

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Five Ways For A Startup To Secure And Keep A Big Client

YoungUpstarts

'By Scott Tarlow, founder, president and CEO of Success Systems. For any business, revenue matters. For a startup, sustained revenue is of paramount importance: a paucity of sales in one month could lead to bankruptcy the next. To prevent disaster, it’s essential for startups to lock down a big client as soon as possible. Big clients have the wherewithal to make large, timely payments and have reputations outsized enough to give your company lasting credibility.

Security 147
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#askadeveloper Your Web and Programming Questions

Up and Running

'Are you looking for resources to build your app, or your website? Do you need help expanding the functionality of your website, or improving the design? Are you wondering which web hosting service to use, or which programming language you need to learn, or what’s important to look for when hiring a software or web developer? The first-ever Bplans #askadeveloper Tweet Chat is your opportunity to get free consultation from a professional computer programmer on any of your programming-relate

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SSEBITDA – A steady-state profit metric for SaaS companies

A Smart Bear: Startups and Marketing for Geeks

'This is the fourth article in a series on novel ideas for SaaS metrics, which started with The unprofitable SaaS business model trap , COC: a new metric for cancellations , and The mistake of 1/c in LTV. Its tough for a growing SaaS business to ascertain whether or not it’s truly profitable. Here’s a way to do it. First model: EBITDASM When Rackspace was scaling quickly, they had an interesting metric they called EBITDASM to answer the question: “Are we truly ‘spending

Metrics 238
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Citizens of Complex Change

deal architect

'Workday likes to call its customers Citizens of the Cloud. Listening to a customer executive panel at Rising, I think they could easily rename them as Jedi Masters of Complex Change Kevin Ledford of Chiquita described a corporate HQ move.

Cloud 218
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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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Can An Investment Bank Enhance Your Startup Future?

Startup Professionals Musings

'The name “investment bank” somehow always sounded like a place where I could deposit my investments, and maybe even earn a little interest. Then I learned that these banks really negotiate investments and collect fees on the transactions, sort of like commercial banks do with loans to businesses. None normally work for or provide funds for early-stage startups.

IPO 205
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Workday Rising Comfort Food in a Complex World

deal architect

'The keynote this morning by co CEOs Dave Duffield and Aneel Bhusri was a study in contrasts. There were plenty of reminders of the complex world we live in. Mike McNamara, CEO of Flextronics, talked about his 30 country, $20+.

Cloud 207

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The Rise Of “Hyper-Startups” By Millennium Entrepreneurs (TweetChat)

Mike Michalowicz

'You’ve probably heard terms like “minimal viable product,” “split testing,” “multivariate testing,” along with countless other market growth strategies. Millennial entrepreneurs have modernized all these approaches in an effort to get their businesses running and selling fast. Hyper fast. The challenge, of course, is how do you build an infrastructure fast enough to support the wave of business?

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Five Reasons You Might be Ignoring Your Greatest Competitor

Life Beyond Code

'There is a competitor that you should be scared of. And that competitor is… Drum roll. Status Quo. Yes, status quo is a competitor that is more powerful than your most powerful competitor. Status quo as you are aware is for your prospect or your target audience to do nothing or continue to do what they are doing without being touched by what you are offering.

Audience 108
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Use The 15 Month Rule To Review Your Operating Agreement

Mike Michalowicz

'What was a good idea then may not be a good idea now. Take partnerships, for example. Many first timers go in 50/50 expecting both partners to be all in, all the time. It doesn’t always play out that way. Better said, it rarely plays out that way. Regardless of the circumstances, even if things are hunky doory, it is a good idea to revisit your operating agreement to make sure all partners have a clear understanding of what they committed to.

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How to Use Microsites to Boost Your Business

Up and Running

'Let’s face it: The internet is a noisy, cluttered place. Just when you think the market couldn’t possibly bear another cat video from Buzzfeed, another one goes viral. The sheer chaos and clutter of the internet creates something of a quandary for business owners and marketers who need to make their content stand out ; it’s tough to create a corporate site that generates the same sort of buzz that animals that look like Vladimir Putin do (for obvious reasons), but that doesn&#

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Interesting Ideas at the Co-Founders Meetup at Capital Factory

SiliconHills

'By SUSAN LAHEY Reporter with Silicon Hills News Eight companies pitched to a crowd of more than 100 potential partners, investors and others at the Co-founders Meetup at Capital Factory Monday night. Jason Brown, a game designer with many Microsoft games to his credit, is working on games to help autistic children interact. From moving […] The post Interesting Ideas at the Co-Founders Meetup at Capital Factory appeared first on SiliconHills.

Cofounder 102
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Bitcoin isn’t ready for prime time as a world wide remittance replacement

Lightspeed Venture Partners

'Using Bitcoin for sending money between countries seems like a no brainer; because the costs are so low, there is the potential for huge savings for immigrants sending money home. But, as I wrote about in GigaOm this past weekend, Bitcoin isn’t yet ready to serve as a replacement for world wide remittance. Read the full article at GigaOm: [link].

Cost 87
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Akimbo and Toopher Pitching at Finovate in New York

SiliconHills

'Two Central Texas technology companies are presenting at FinovateFall 2013 in New York today and tomorrow. FinovateFall 2013 is a two-day showcase of cutting-edge financial and banking technology innovations from startups as well as established companies. Akimbo, based in San Antonio, presented today. Toopher, based in Austin, will present on Wednesday.

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Startup – Like it’s 1999

Start Up Blog

'Sometimes it seems like it’s web bubble time all over again… or is it just me… or is it just Aziz ? In any case this made me laugh, and I hope it brings a smile to your face too. A big HT goes out to Mr Brim.

Startup 75
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Spacecraft Merges with Element Creative

SiliconHills

'Two Austin digital design and marketing firms have merged. SpaceCraft and Element Creative have joined forces and will operate under the management of SpaceCraft CEO Adam Moore and Element CEO Dan Isaacs. The merger allows the company to expand, improve their products and provide great customer support. SpaceCraft makes software to creative websites for small […] The post Spacecraft Merges with Element Creative appeared first on SiliconHills.

Merger 54
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Just some yellow rope

Start Up Blog

'The uber observant Ross Hill sent me an email with a comment from my spaceship orbit video I did with Raul a little while ago. Which we both agreed was worth its own blog post. ‘Just some yellow rope’ – read the dialogue below between Raul and a commenter on youtube. There are two clear points for me here. Be like Ross – pay attention.

Video 73
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Why You Should Never Ask Customers What They’ll Pay

practicetrumpstheory.com

'The following is an excerpt from my book: Running Lean. Can you imagine Steve Jobs asking you what you would have been willing to pay for an iPad before it launched? Sounds ludicrous right? Yet, you’ve probably asked a customer for a “ballpark price” at some point. Well, that’s just backwards. Think about it for a moment. There is no reasonable economic justification for a customer to offer anything but a low-ball figure.

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Why Marketers Should Care About The Context-Driven Sale

Duct Tape Marketing

'Why Marketers Should Care About The Context-Driven Sale written by John Jantsch read more at Small Business Marketing Blog from Duct Tape Marketing Enjoy this guest post form Mike Volpe, CMO of HubSpot. During our HubSpot’s annual marketing conference INBOUND 2013, we unveiled Signals , a freemium sales product that gives sales reps the tools they need to make their conversations with prospects and leads more relevant and contextual.

Sales 62
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Ten things about being a founder I wish I knew when I first started #blindpost

Jeff Hilimire

'As I embark on founding a new company , I have become very aware that technically I haven’t done this since 1998 when I started Spunlogic with Raj. We grew Spun to about 75 people, sold it to Engauge, and then I worked at Engauge until we sold it a few months back to Publicis Group. And while I certainly helped lead Engauge and felt like I was able to help steer the ship, I wasn’t a founder of Engauge (though I was part of the founding acquisitions).

Founder 61
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SpaceCraft and Element to Merge

Austin Startup

'SpaceCraft announced today that it has merged with one of Austin’s leading digital design and marketing firms, Element Creative.

Design 59
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Tim Keane - Untitled Article

Tim Keane

'If you use dropbox, look at this Dropbox Security Add-on - Viivo.com. Very cool.

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It’s Not a Conversion Problem, It’s a Customer Development Problem

conversionxl.com

'Extra Lucrative Conversion Advice. Home. Blog. Conversion Optimization Services. Website Analysis. Conversion Research. About. RSS. It’s Not a Conversion Problem, It’s a Customer Development Problem. Tweet. Tweet. I feel like “conversion rate optimization” is in 2013 what “social media marketing” was in 2009. Most startups fail.

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Is Remote Working Right for Young Companies?

Early Growth Financial Services

'Originally published in ReadWrite. The controversy over Marissa Mayer’s decision to ban telecommuting at Yahoo just won’t go away. Mayer said the move was necessary to foster collaboration at the struggling new media giant, but what about startups? Is remote working right for very young companies? Are there particular issues to watch out for?

Media 43
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How to Go From Google Engineer to First-Time CTO

firstround.com

'First Round Capital. The Review. Plusstartup. Jobs. The Review. Product and Engineering. How to Go From Google Engineer to First-Time CTO. Marketing. Product and Engineering. First Round Capital. Design. Management and Company Building. -->. How to Go From Google Engineer to First-Time CTO. Author: Ian Langworth. Date: September 4, 2013. Ian Langworth started his career as an O’Reilly author and software engineer at Google.

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Run iOS Apps in the Browser – App.io

Scalable Startup

'Run iOS Apps in the Browser – App.io. via Run iOS Apps in the Browser – App.io.

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Improving Creativity Is Easier When You Learn To Leverage Personalities

YoungUpstarts

'by David B. Goldstein, co-author of “ Creative You: Using Your Personality Type to Thrive “ You can’t outsource creativity. You are creative whether you think so or not. There is no opposite of “creative.” There is no single special type of creative person. There are many types of creative people and we all have our own creative styles.

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Five Things to Consider When Selecting Advisors for Your Startup

scalablestartup.berkeley.edu

'by Evangelos Simoudis, Ph.D. , Senior Managing Director at Trident Capital. Board advisors can be an essential asset for any budding startup; however, there are important criteria to consider as you select candidates for this crucial role. 1. Roles and Responsibilities. Advisors have a less “official” position with a startup. They can be easily changed, and the number of advisors each startup can appoint is not limited in any way.

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The benefits of eight hours sleep

The Equity Kicker

'I try hard to get 7.5-8 hours sleep every night. I’ve been doing that for the 2-3 years since I read Kurzweil’s Transcend and various other books and articles which stressed the benefits of getting enough sleep and the dangers of not. I’ve just now finished watching Russell Foster’s Ted talk Why do we sleep? which makes many of the same points.

Restful 134
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7 Critical Steps for Attracting Venture Funding

Business Plan Blog

'What You Need to Know About Obtaining Venture Funding. First and foremost, venture capital firms want to see an entrepreneur with passion and vision. Unfortunately, this usually isn’t enough to get them opening their pocket books. Some venture capital firms will have narrow criteria for the types of companies that they invest in while other will adopt a more broad portfolio and invest across many sectors.