Sun.Nov 17, 2013

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8 Startup Gaps That Will Frustrate Funding Efforts

Startup Professionals Musings

'A while back I received a discouraging note from an entrepreneur with a patent and a medical software application who couldn’t find a dime of investment, and was grousing that seed funding just wasn’t available anymore. After exchanging a couple of notes, I concluded that she was more likely a victim of item #1 on my reject list below, rather than a drought on seed funding.

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How to launch a startup without knowing a line of code

The Next Web

'Tal Raviv is the co-founder of Ecquire. This post was originally published on OnStartups. There is an unspoken rule: to launch a startup, you need to build a product, and to do that you need someone that can write code. Whether that means chasing down a technical co-founder, learning to code, or even building that “Lean MVP” – the conventional wisdom is that without tech abilities you’re nothing more than a dude (or dudette) with a Powerpoint.

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The customer service crisis at Southwest Airlines

deal architect

'I got a very nice voice mail and email below – on a Saturday no less – from Lan Nguyen, a customer service rep at Southwest Airlines “We are in receipt of your most recent e-mail and apologize that we.

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Does your startup really need to hire in-house developers?

The Next Web

'When it comes to scaling your startup’s Web development resources (or lack thereof), it seems like you can never have enough assistance. But for startups, which is really better: in-house talent or outside agencies? And at what price? In order to find out, I asked a panel of 12 successful founders from the Young Entrepreneur Council (YEC) the following question: What are the pros/cons of hiring an agency to do development work, vs. having all your technical talent in house?

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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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Apples unique version of RD

deal architect

'Booz and Co does an annual survey of R&D spend and its analysis always shows interesting patterns. It cautions, though, that R&D does not always equate innovation and that makes sense.

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Your Venture Is All About You, Not Your Invention

Gust

'Image via IntellectualVentures.com. If you expect to succeed in the thrill-a-minute, roller coaster ride of a startup, let me assure you it takes more than a good idea, a rich uncle, and luck. In fact, the idea is often the least important part of the equation. Most investors tell me that they look at the people first, the business plan second, and only then at the idea.

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What startups can learn from the Tesla fire crisis

The Next Web

'When the first Tesla fire happened, the company’s previously golden stock plummeted. Luckily, it was able to do some quick and massive damage control, and helped that the driver was a big investor in the company. However, when news of a second fire spread across the media like – well, wildfire – stock values for the firm fell at an unprecedented rate and it was feared they might not recover.

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Crushing The Competition? Bad Move!

Mike Michalowicz

'I loved the thought of crushing my competition. I reveled in their struggles. My goal wasn’t to get more clients per se. My goal was to take more clients away from my competitors. Looking back, I make myself sick. Better said, I feel sorry and empathetic toward my formerly massive egocentric self.* Perhaps that is why I needed to learn the greatest, most humbling experience of my life.

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The Pricing Dilemma: Finding the Right Balance

crowdSPRING Blog

'There is a tension inherent in the relationship between a business and its customers when it comes to pricing of a product or service. Customers look at prices with a complex eye in determining whether the tradeoff between cost and value is a fair one for them to make. The value proposition that your business offers its customers is based on a mix of the product or service offered, the perceived convenience of buying your offering, your marketing efforts and how you “sell” it to the

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The Startup Story

thebarefootvc

'I don’t like reading scripts. I like for someone to explain to me what it is about this story. - Judi Dench , Academy-award winning actress. I just read this quote and thought of how it applies to many things in life – not just acting. Storytelling is older than the written word and, I’d argue, more important than ever as we are inundated with information, transience and noise.

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"Go Big or Go Home" ? Sometimes, Good Advice, Other Times Just Noise for Entrepreneurs.

Small Business Force

We like to adapt sports phrases to business. The phrase "go big or go home" had its origins in extreme sports , used by the extreme athletes, who know that winning will require them to absolutely push their physical and mental limits.It's a perfect description for the type of passion and effort that entrepreneurs need for business success. But, used by the investment community, "go big or go home" has an entirely different meaning.

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Lifestyle Business: Entrepreneurs Don't Have To "Go Big or Go Home"

Small Business Force

We like to adapt sports phrases to business. The phrase "go big or go home" had its origins in extreme sports , used by the extreme athletes, who know that winning will require them to absolutely push their physical and mental limits. It's a perfect description of the type of passion and effort that entrepreneurs need for business success. But, used by the investment community, "go big or go home" has an entirely different meaning.