Tue.Jul 01, 2014

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The Right Ingredients: SBA Loan Prep Steps

YoungUpstarts

'by Evan Singer, SmartBiz. The small business sector is growing rapidly. And while corporate America has been “downsizing,” in recent years, the rate of small business start-ups has dramatically increased. According to recent U.S. Bureau of Labor and Statistics research, there are an estimated 28 million small businesses in the U.S. Some succeed and some fail.

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Do venture capitalists have an ethical duty to startups?

The Next Web

'Janine Yancey is the CEO & President of Emtrain — an organization dedicated to creating user-friendly, memorable and scalable ethics and harassment prevention training for the workplace. Before I get into the “ethical duty” mentioned in the title, allow me to quickly run a few things by you. In the past few months, we’ve seen a number of entrepreneurs at startups make some serious ethical and professional mistakes.

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Book Short: Culture is King

OnlyOnce

'Book Short: Culture is King. Joy, Inc.: How We Built a Workplace People Love , by Richard Sheridan, CEO of Menlo Innovations, was a really good read. Like Remote which I reviewed a few weeks ago, Joy, Inc. is ostensibly a book about one thing — culture — but is also full of good general advice for CEOs and senior managers. Also like Remote , the book was written by the founder and CEO of a relatively small firm that is predominately software engineers, so there are some limitati

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Everything You Need To Know About Designing Valuable Customer Surveys

ConversionXL

'Conversions are mostly about being relevant to your customers. If what you offer and the way you present it is relevant to your visitors they will convert to buying customers. Then again if you don’t understand who your customer is or worse it’s “everybody” then you have very little change of being successful at it. So you better know your customers, and know them well.

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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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How Investors Make Better Decisions: The Investment Readiness Level

Steve Blank

'Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. Other than “I’ll know it when I see it”, there’s no formal way for an investor to assess project maturity or quantify risks. Other than measuring engineering progress, there’s no standard language to communicate progress.

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Governance Models That Don’t Scale: The World According to Charles T. Munger and Jean Jacques Rousseau

Pascal's View

'Can you name five benign dictators who have ruled successfully for any meaningful period of time (non-fiction)? Can you name five successful, long serving CEO’s (excluding Warren Buffett ) whose governance histories are free of the “high-beta” associated with outliers such as Larry Ellison and Steve Jobs ? It’s not easy. Why? Because enlightened dictators and their corporate CEO equivalents are very, very rare; maintaining immunity to the intoxicating effects of power challenges basic human nat

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How Are You Boosting Buzz for Your New, Business Investment?

Rembrandt Communications

'It’s more than sending out an SEO press release Whether you are a venture capitalist, angel investor or entreprenur, you’ve spent long hours developing, researching and investing in a new business. Now, it’s time to tell the world about your products and services and start generating interest and revenue. Where do you begin? Well, it’s […]. The post How Are You Boosting Buzz for Your New, Business Investment?

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How to start your business while working a full-time job

The Next Web

'Jason SurfrApp is the founder of IWearYourShirt.com. His new book, Creativity For Sale, is an in-depth look at how to turn passion into profit. The American dream used to be getting a secure job, working from 9-5, and retiring. For most of us, especially people born in the 80s and 90s, this is the American nightmare. The idea of working for someone else makes many of us cringe, and if you’ve had a 9-5 job, you’ve probably felt the suffocating hold it can take on your life.

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Guide: How to Start a Successful Photography Business

Up and Running

'If you have some creative photography chops, you might want to open your own business. You’re not alone. Photography is a popular profession and hobby right now—and that’s the problem. In the past decade, camera gear has become more affordable and consumer friendly, and as a result, everyone is a photographer. But, that doesn’t mean you should toss your dreams of owning a photography business aside.

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Warning for smart people – beware invalid rationalisations

The Equity Kicker

'A decade ago I worked in the venture capital team at Reuters, a company then famous for only hiring smart people, and I saw first hand the dangers of only working with clever people. The smart folk at Reuters would embark on projects that they thought were in the company’s best interests and make strong arguments why they should get more funding and keep going.

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WP Engine Opens an Office at Geekdom in San Antonio

SiliconHills

'By LAURA LOREK Founder of Silicon Hills News WP Engine, founded in 2010 at Capital Factory, has 150 employees in Austin and it’s hiring. The plucky startup also has another 10 employees in a satellite office in California. And WP Engine has just opened a San Antonio office at Geekdom, a technology incubator and coworking […] The post WP Engine Opens an Office at Geekdom in San Antonio appeared first on SiliconHills.

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Should Seed Funding Decks Include a “Potential Exits” Slide?

Hunter Walker

'How early do you want a founder thinking about exit path? During a recent email exchange I advised a founder to remove the “potential exits” slide from the main section of his deck. He thanked me for the feedback but also noted I was the only investor to recommend that change and in fact, at least one other had suggested its addition. [For clarity, I''m not an investor in this company, nor is Homebrew evaluating for investment].

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How to Properly Define Your Brand

Mike Michalowicz

'As an entrepreneur you probably already know how important your brand is. Your brand really lets people know who you are and what you are about. In fact, it really comes down to how they identify with your business or product. So just how do you go about defining your own brand so that people have an image when they think of your business? When you follow my five-step process, it is actually easier thank you think!

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More Words of Wisdom from Peter Thiel

Scott Edward Walker

'To Our Clients & Friends: Welcome to our weekly series “ Helping Entrepreneurs Succeed.” Each week, we share a brief video of a successful entrepreneur, investor or business leader on a variety of topics. This week, we again present Peter Thiel , the co-founder of PayPal and a brilliant entrepreneur and investor. In this interesting clip (courtesy of the Munich DLD Conference last year), Peter shares some words of wisdom for entrepreneurs, including the following: “The challenge as a…tech

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RetailMeNot Helps Members Save While Dining Out

Austin Startup

'RetailMeNot, the largest digital offers destination in the United States, announced today the addition of more than 20,000 new offers from quick-service, fast-casual and fine dining restaurants. Available through its free RetailMeNot Coupons app for iPhone and Android devices to members who are signed in, the free offers can be redeemed on the spot by simply showing the location-specific offer to waitstaff or cashiers.

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Job interviews go both ways (My story with Netscape in ’98)

Diego Basch

'Note: this is a post from 2011. It used to be on the IndexTank blog which no longer exists, so I’m putting it up here. – When I interview a candidate here at IndexTank, I take it very seriously and try to be at the top of my game. I have to prove to this person that it’s worth choosing our company over others. Desirable candidates have many choices, so I’m competing with every hot tech company in the Bay Area.

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Online Marketing For Startups: How to Measure Success

Early Growth Financial Services

'This guest post was contributed by Brett Farmiloe, founder of Markitors. Figuring out to gain traction is one of the biggest challenges for any startup. Let’s say you’re the person responsible for getting “X” number of users within “Y” months of your launch. Instead of just giving it your best shot and praying for success, how can you quantify the effectiveness of your online marketing strategy?

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Instacart is in Atlanta!

Jeff Hilimire

'Yes, yes, we all know that Webvan is known to be the “largest dot-com bust in history” However, I’ve always thought the idea was needed if someone could just pull it off. Ahead of its time, like most great things. And now, perhaps, the future is here. Instacart is in Atlanta and I’m already their biggest fan. They describe themselves as: Instacart is a grocery delivery service that delivers in as little as an hour!

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What I Learned from the TapCommerce Founders

Genuine VC

'In every single venture investment I’m involved with here at NextView Ventures, I learn a lot from the Founders of their company. But in the particular case of our portfolio company TapCommerce , which yesterday announced its acquisition by Twitter a mere two years after the company’s founding ( more details ), there have been some key lessons which I’ll meaningfully take away from my experience in working with Brian Long , Samir Mirza , and Andrew Jones.

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The Pros and Cons of Running a Subscription Service

Up and Running

'When my roommate and I returned home one day from work, there was a box sitting on our doorstep. With great excitement, we picked up the package, only to find out that while it was addressed to our apartment, it was sent to a name that neither of us recognized. Like anybody would, we immediately got on Facebook and sent a message to the guy the package was actually addressed to, and he let us know he would come over and pick it up.