Mon.Sep 14, 2015

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How to Correctly Use Collateral to Secure a Business Loan

Up and Running

If there’s one aspect of the American dream that seems to appeal to just about everyone, it’s the idea of owning and running your own business. Whether you’ve always dreamed of running an Asian-Italian fusion restaurant downtown, or simply can’t wait to open up that quaint little boutique filled with your own fashion designs, it’s only natural to be excited about someday becoming your own boss.

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20 Entrepreneurs Explain What They Love About Being An Entrepreneur

Hearpreneur

Being in love is great. Being in love with your business, when you’re an entrepreneur, is even better. Waking up each morning knowing you are getting to do exactly what you love is more than most people could ever say about any “job” they have had. Although there are days when tossing in your hat seems like a viable option, remembering how much you love your “job” can quickly snap an entrepreneur out of that mentality.

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What starts in Vegas today, will not stay in Vegas

deal architect

A US District Judge will preside over a trial starting today in Las Vegas related to a $209 million copyright lawsuit Oracle has filed against Rimini Street. Having been an expert witness in a few software cases, I know both.

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8 Key Rules for Starting a Business on a Shoestring

Startup Professionals Musings

A few years ago, before the Internet was pervasive, before everyone carried a smartphone and before do-it-yourself software tools were available for free, it was difficult to reach a critical mass of new customers without spending a million dollars on a website, custom software and television advertising. Now you can match a big company with worldwide reach for a few thousand dollars.

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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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SAP Nation 2.0 Excerpt: The Bastards Say, Welcome

deal architect

The sequel to SAP Nation came out in book stores a week ago (print at CreateSpace and ebook atAmazon). As with previous books, I will be excerpting 10% of the contents over the next few weeks. Here is some from.

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The Importance Of Customer Feedback

YoungUpstarts

By David Specht, CEO and Owner of The Waterworks. In the plumbing industry, the majority of our clients are not having the greatest day when they’re calling for our services. With emergency plumbing and HVAC needs, our clients will do a quick Google search and call the company that looks the most reliable and highly rated, based on a few cursory glances.

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[Infographic] The Startup Genome Project 2.0

YoungUpstarts

Compass.co recently released the results of their latest 2015 Global Startup Ecosystem Ranking (known previously as the Startup Genome Project), which ranks the top 20 startup ecosystems around the world. The index, produced by ranking global technology startup ecosystems along five major components of Performance , Funding , Talent , Market Reach , and Startup Experience , looks at the global phenomenon in technology entrepreneurship and charts their growth and progress along those components.

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The most important lesson learned in early-stage investing

Version One Ventures

Sean Silcoff had a thoughtful article in Saturday’s Globe & Mail on my path from entrepreneur to investor. It is a well-written piece with many great quotes and anecdotes and included the most important lesson about early-stage investing that I learned over the past 8 years: “If the fail rate of our companies is not high enough, it’s not because we are exceptional investors, it’s probably because we’re not taking enough risks.

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More evidence that traditional ad models are challenged

The Equity Kicker

Figures are in billions. 2015 figures are projections for the full year. I’ve long thought that overload of messages in our lives is leading to ad-blindness and that paid business models are increasingly more attractive. This chart I just saw on Techcrunch re-enforces that view. In-app purchases are still a relatively new phenomenon and many companies and industries are still figuring out how to get the most from them.

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When to Run Bandit Tests Instead of A/B/n Tests

ConversionXL

When should you use bandit tests, and when is A/B/n testing best? Though there are some strong proponents (and opponents) of bandit testing, there are certain use cases where bandit testing may be optimal. Question is, when? First, let’s dive into bandit testing and talk a bit about the history of the N-Armed Bandit Problem. The Multi-Armed Bandit Problem.

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The 1 question we must ask before we ever send a business proposal

Start Up Blog

If you’re in the business of selling, and you’re in the business to business game there is no doubt you’ve had someone ask you this: Can you send me a proposal? Happy days, right? No. In fact, this is the time that we must ask the question before we send them anything. And in case you’re are wondering, this is the question: Sure.

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5 Reasons Why Your Online Business Is Struggling (And How To Fix It)

YFS Magazine

After taking away the emotional connection and focusing on the data, it’s very simple to be a good marketer.

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Why My Kitchen Cabinets Could Solve Jet’s Cold Start Problem

Hunter Walker

I want to try Jet , the new commerce site which promises to be even cheaper than Amazon. What prevents me? The idea of having to rebuild my “list” – the things I order frequently from Amazon or pick from the shelves as I shop physical retail stores. How could they solve this cold start problem? One way would be to let me submit a picture of my store receipt, or photos of my cabinets, freezer and refrigerator contents.

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Is Working From A Branded Coworking Space Good For Business?

YFS Magazine

Before you sign up for a branded coworking space consider these 6 pros and cons.

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Monday Morning Motivation: Chasing Greatness

Hearpreneur

This motivational video is for entrepreneurs, startups and business owners to start their week off on the right foot. I am the greatest! There is no one better than me. I am the captain of my ship. The master of my fate. .

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Using only the iPad for work (iPad Pro test)

Jeff Hilimire

I seem to be in a constant state of slimming down what I need for “work” Long ago I dropped the idea of needing a personal office. Today, I technically have a desk at Dragon Army but there is nothing on it (no knick knacks, no stack of papers, no coffee cup with pens, etc.). I just have a laptop bag with everything I need in it. Getting down to just a laptop bag with my tiny 12in Macbook has allowed me to sit down and work anywhere without having to change my process at all.

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Words of Wisdom from Jony Ive

Scott Edward Walker

To Our Clients & Friends: Welcome to our weekly series “ Helping Entrepreneurs Succeed.” Each week, we share a favorite video of a successful entrepreneur, investor or business leader on a variety of topics. This week, we present Jonathan (“Jony”) Ive , the Chief Design Officer at Apple and a close friend and collaborator of Steve Jobs. In this brief interview from last year with Graydon Carter of Vanity Fair, Jony shares a couple of important lessons he learned from Steve: (i) focusing, i

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CS183C: Technology-enabled Blitzscaling: The Visible Secret of Silicon Valley’s Success

Reid Hoffman

This fall I’m teaching a Stanford class on how to scale at speed — which we call ‘blitzscaling’ — with John Lilly, Allen Blue and Chris Yeh. We’ve already lined up some great speakers such as Sam Altman, Elizabeth Holmes, Jeff Weiner, Selina Tobaccowalla, Jen Pahlka and many others. The application deadline is September 18. Read my full post on LinkedIn to learn more about the class and how to apply.

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Black Millennials Missing the Entrepreneurial Revolution? #diversityintech

Campus Entrepreneurship

My research on high growth firms created by students at US colleges and universities uncovered that lack of female participation in high impact entrepreneurship on campus. Lack of diversity is a big issue in tech and Tech Crunch Contributor Duane Dennis offers a personal look, with some data, at the lack of black participation in high growth/high tech entrepreneurship.

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Apple Shutters Hopstop

Venture Chronicles

Hopstop was a revelation to me, a legitimate ah-ha moment. The light bulb brightly shining in front of me in the form of a smartphone. We take for granted today that Google Maps can tell us how to get anywhere, and for a generation not familiar with paper maps, that was a pretty big deal. It wasn’t always like this and through the development phase of this technology it remained car-centric.

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Five Mantras Adopted By Successful Entrepreneurs

YoungUpstarts

by John Vrionis, partner at Lightspeed Venture Partners. As a partner at Lightspeed Venture Partners, what gets me up in the morning is the work I do serving and coaching young entrepreneurs. Through the investments we make and the annual fellowship program we sponsor, we guide and teach skills that help entrepreneurs get their companies started and growing exponentially.

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The Nature of Greatness

This is going to be BIG.

I was talking to someone recently about striving and desiring to be great at what you do. That brought up the question of what makes someone truly great at something. We refer to people as "great entrepreneurs" in the startup community all the time--but are they? I've noted for a long time that too many people have untested, hollow reputations based on things like social proof that go untested.

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9 Ridiculously Simple Ways To Maximize Your Online Presence

Brandanew

Online presence and brand awareness go hand in hand – you can’t just work on one, thinking the other will catch up on its own. As a matter of fact, most marketing experts say that the way you present yourself online is much the same as the first impression you make on a person – person in point being, the customer. So if you’re an entrepreneur driving your personal brand , a Startup or an author promoting your book, today I’ll go through some ridiculously simple ways to m

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5 Things Entrepreneurs Can Learn From Diplomats

crowdSPRING Blog

War is crazy expensive. Just ask any monarch, president, prime minister or, well, diplomat. So any alternative to war will not only save money but save lives and property. Historically, the chief alternative to waging a war has been to conduct diplomacy. That’s right: talk is cheap. Not to mention that it is effective, practical, and productive.

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Episode 45: Investing and Profitability with Sofia Macias

Mike Michalowicz

Also Available On. Show Summary. Sofía Macías joins us for Episode 45 of the Profit First Podcast! Sofía shares her story and talks about the importance of investing your money! Our Guest. Sofía Macías is a Personal Finance and Financial Literacy consultant. She is the author of “Pequeño Cerdo Capitalista: Finanzas Personales para Hippies, Yuppies y Bohemios”, a best-seller published in Mexico in 2011 by Penguin Random House, adapted for Spain in 2014, whose italian version will come out in

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A Small Business Owner’s Guide to Quality Score

Duct Tape Marketing

A Small Business Owner’s Guide to Quality Score written by Alex Boyer read more at Duct Tape Marketing. Paid search advertising is a great way to target narrowly a specific keyword and ensure your business’ presence on that search results page, but it can be confusing and overwhelming. The sheer number of options available to you from keyword combinations to bids is astounding.