April, 2018

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Why Entrepreneurs Start Companies Rather Than Join Them

Steve Blank

If you asked me why I gravitated to startups rather than work in a large company I would have answered at various times: “I want to be my own boss.” “I love risk.” “I want flexible work hours.” “I want to work on tough problems that matter.” “I have a vision and want to see it through.” “I saw a better opportunity and grabbed it. …”. It never crossed my mind that I gravitated to startups because I thought more of my abilities than the value a large company would put on them.

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What Can You Learn From Ring’s Astounding Success?

Both Sides of the Table

Many people will write the history on why Ring became an enormously successful company and why it became a real-world unicorn in a world when many startups are anointed that merely on paper. Since I had a ringside seat to the company before it really existed all the way through the end I thought I’d offer my version and what I think it means for our future.

Security 247
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Digital Transformation And The Evolution of Apps – What’s The Link?

YoungUpstarts

by Keiichiro Nozaki, Regional Marketing Architect/Evangelist of Asia Pacific, China, and Japan for F5 Networks. A century ago, we had the industrial revolution. It transformed how we manufactured, well, everything. Fast-forward to the present day. We are now in the midst of the Fourth, characterized by the fusion of technologies that is blurring the lines between physical, digital, and biological worlds.

SMS 164
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Useful Tips on Pitching Your Startup to a VC

The Startup Magazine

You’ve developed a great product. You’ve taken it to the market and have seen strong sales and rave reviews by customers. Yet, you do not have enough cash to scale it in order to reach its full potential. This is the point where a venture capitalist (VC) can make all the difference in realizing your dreams. Source: Pixabay. There are numerous startups chasing after a comparatively small number of VCs.

Startup 95
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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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Insurance is always too expensive – until it’s needed.

Berkonomics

I expect that you have a story about how insurance saved you lots of money in your past. As usual, I have a story to make your hair stand on end. But first: here’s a fact. Business insurance is one of the more poorly managed mitigation of risk in small and many medium sized corporations, often because of failure to assign the responsibility to an individual or department, and sometimes just from the willingness to bet against the event and save cash.

Employee 106
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Developing Content for Your Mobile Audience

Duct Tape Marketing

Developing Content for Your Mobile Audience written by John Jantsch read more at Duct Tape Marketing. Have you ever seen content on a mobile device that you’re excited to read and click through to view it only to realize you need to squint or zoom in to read it? It’s frustrating, not only because it’s inconvenient, but because it’s so easily avoidable.

More Trending

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4 Ways to Improve Your Online Storefront

Up and Running

In our connected world, people shop online almost as often as they physically shop in stores. In fact, according to Shopify , global retail ecommerce sales are on track to reach $4.5 trillion in 2021, up from $1.3 trillion in 2014. And, these trends don’t just apply to businesses selling directly to consumers (B2C). B2B ecommerce sales , (businesses selling directly to other businesses) generate three times as much revenue as B2C, at $7.7 trillion in sales, compared to B2C’s $2.3 trillion.

SEO 80
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Recruiting Should Be Your #1 Priority From Day 1

YoungUpstarts

by Felix Winstone, Co-Founder and Managing Director at Talkative. As a new entrepreneur or business owner, the most important thing you will do is hire talent. As a startup co-founder with a growing team, here are the recruiting tips I’ve learnt over the last couple of years. Hiring = Sales. A good recruitment process has many parallels with a sales funnel.

Cofounder 164
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20 Entrepreneurs Explain How They Came Up With Their Business Names

Hearpreneur

The idea of exactly what your business is going to usually come first. Secondly, most often, is giving a title to your idea. What exactly is going to be the name of your business? Some people turn to their childhood for inspiration or a beloved family pet. It could be a made up word you dream of one night and feel it has the right ring to it. Even still there are some people who study foreign words for the perfect meaning behind their chosen business.

Naming 83
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The Price of Free is Actually Too High

Feld Thoughts

I loved this quote by Tristin Harris in the New York Magazine article The Internet Apologizes …. “We cannot afford the advertising business model. The price of free is actually too high. It is literally destroying our society , because it incentivizes automated systems that have these inherent flaws. Cambridge Analytica is the easiest way of explaining why that’s true.

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How Do You Negotiate More To Know What Your Brand Is Worth?

Brandanew

Your personal branding is determined by your ideas. You get to decide what your brand is worth. Taking this into the professional realm isn’t that easy though. Especially, for women – and women led businesses. Research studies show that women negotiate far lesser than men. Thus jeopardizing their brands and finances. All this when it’s merely a question of leaning in versus pure quality.

Michigan 154
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Why the Future of Tesla May Depend on Knowing What Happened to Billy Durant

Steve Blank

A version of this article appeared in the Harvard Business Review. Elon Musk, Alfred Sloan, and entrepreneurship in the automobile industry. The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. The guy who replaced him invented the idea of the modern corporation.

Michigan 268
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Facebook is dropping key advertising tools — here’s how you adapt

The Next Web

If you listen to headlines about Facebook recently you may be wondering if it’s still a good place to run ads for your business. The Facebook privacy scandal that brought a ton negative press over the last month (and justly so), has already forced Facebook to change the way they handle and collect consumer information and data. This is now changing their advertising platform.

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7 Tips For Financial Success

YoungUpstarts

by James Whittaker, author of “ Think and Grow Rich The Legacy: How the World’s Leading Entrepreneurs, Thought Leaders, & Cultural Icons Achieve Success “ Some entrepreneurs do all the right things: have a great solution to a problem, build a strong team to amplify their efforts, and start to find an audience for their product or service.

Finance 145
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How To Find and Select a Great Business Mentor

YFS Magazine

There is a simple strategy that is typically overlooked and it can increase your startup’s chances of success more than anything else: working with a mentor.

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Simon Arias Reveals His Top Tips for Financing Your Startup

The Startup Magazine

There are a lot of different elements involved in the process of running a business. But, there is no doubt that the financial side of things ranks as one of the most important. Without funding and financing, it’s pretty much impossible to get your business off the ground. There is a lot to think about when it comes to financing your startup. It’s important to look at the experience and advice of gurus like Simon Arias when exploring the best way to finance the business.

Finance 133
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How Seniors Can Use Technology to Become Entrepreneurs After Retirement

Up and Running

A new generation of entrepreneurs is emerging onto the market, and it’s not who you may expect. Baby boomers are starting to become a huge part of the entrepreneurial world. Full retirement is becoming less and less popular, and many seniors are opting to earn their own income after they officially retire from their “day job by taking on independent contract work.”.

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How To Find Banks That Support Profit First

Mike Michalowicz

Profit First is a simple system, but the process of finding a bank that supports it can be painful. Almost 100,000 companies have implemented Profit First within the first year of the release of the Profit First Revised & Expanded Edition and the most common question I get is, “What bank should I use for Profit First?” Here is the simple answer: You want to work with a bank that does not charge minimum balance fees on checking or savings accounts.

Community 121
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NFC is the underdog tech set to explode in the next five years

The Next Web

In the tantalizing world of technology today, there are endless buzzwords and acronyms for emerging tech you need to know. From AI to the ‘Uber of’ dog walking and everything in-between, maybe you think you’ve heard it all. But before you hop on the hype train and leave the station, take note — an unsuspecting player is poised to leap out of the shadows: Near field communications technology.

Web 159
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How Flawed Web Design Undermines Your Brand Image

YoungUpstarts

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Web 145
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4 Signs You’re A Toxic Leader, Because Sometimes The Business Problem Is You

YFS Magazine

When I encounter frustrated leaders, it is necessary to be honest with my observations and the things that contribute to a negative workplace atmosphere – I sometimes have to tell them they are the problem.

Developer 135
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10 Startups Pitch at Techstars Austin Demo Day 2018

SiliconHills

By Laura Lorek Publisher of Silicon Hills News From dog walking services to robot teaching assistants, 10 startup founders pitched their ventures at the sixth annual Techstars Austin Demo Day. This year’s class included six teams from the Carolinas and Virginia and four from Austin and half of them had female founders. They made their […]. The post 10 Startups Pitch at Techstars Austin Demo Day 2018 appeared first on SiliconHills.

Austin 121
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5 Tips for Starting a Business With Your Spouse

Up and Running

When my husband Josh and I launched our business Pagely in 2006, we had just been married a few months. We soon learned that coupling the demands of marriage with a brand new startup is exhausting—but it’s also rewarding if you commit to work together and push through all the growing pains. Our business was founded on a simple idea that has developed into a major website hosting platform, but our success didn’t just materialize.

Cofounder 118
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Predicting Winning A/B Tests Using Repeatable Patterns

ConversionXL

If you ever ran a highly trustworthy and positive a/b test, chances are that you’ll remember it with an inclination to try it again in the future – rightfully so. Testing is hard work with many experiments failing or ending up insignificant. It would only seem optimal to try and exploit any existing knowledge for more successes and fewer failures.

Metrics 114
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Improving your emotional intelligence can earn you a raise — here’s how

The Next Web

“Would you rather be smart, or kind?” For most of us, this would be a difficult question to answer. Both characteristics are valued highly in our society. Which do you choose? If you’re leaning toward smart, you’re not alone. It’s easy to associate intelligence with wealth and success. Meanwhile, kindness and its cousin — empathy — is often associated with passivity and weakness, especially by self-proclaimed diehard business people.

Salary 154
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Top iOS Development Trends To Watch Out For In 2018 For Businesses

YoungUpstarts

Ever since Apple launched the new iOS 11 update, the iOS app developers have sought out new and interesting ways of incorporating the latest technology with the iOS app development. If you ask the workers at an iOS app development company about the shifting of iOS app development trends, they will tell you that a lot has been changed since the beginning.

Developer 140
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High Value Employees Need Emotionally Intelligent Leaders

YFS Magazine

Dedicated employees are essential to startup success. Anyone can say they are highly skilled, but if employees lack a congruent vision and determination, it can be detrimental for a startup.

Employee 133
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The 8 Tendencies Bad Decision Makers Possess

Mike Michalowicz

I’ve been an entrepreneur for a lot of years. At one point, I’d started, grown, and sold a couple of businesses, and I thought I knew everything there was to know about making business decisions. After all, I was a success! After I sold my companies, I became an angel investor – finding ventures that I thought were promising and plunking down my hard earned cash to give other entrepreneurs a chance at making their dreams a reality.

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Does Every Senior Leader On Your Team Have A Backup?

Feld Thoughts

I said some version of the following statement several times in the past few weeks. Assume aliens came down and one of your senior leaders was taken away to their home planet. Do they have a person reporting to them who could step into their role, even if it’s only temporary? If you are the CEO, this includes you. It’s remarkable to me, even in companies that are over 100 people, how the answer to this question is no.

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The Future of Entrepreneurship Hinges on Bringing People and Tech Together

ReadWriteStart

As any business leader could tell you, conferences are big business. In 2016, the event industry generated $325 billion in direct spending — through hotels, catering, exhibitions, and events centers — and an even more impressive $845 billion in business sales. There’s no denying the power events have on the economy itself — in fact, for every dollar spent on face-to-face meetings, $1.60 is generated for the American economy.

Croatia 104
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6 reasons why Latin American valuations are lagging behind Silicon Valley

The Next Web

Latin American startups haven’t had the same valuations as Silicon Valley startups. This frustrates many Latin American entrepreneurs seeking investment, as they don’t understand why Latin American VCs aren’t doing deals at Silicon Valley valuations. There are important reasons why Latin American early-stage investment valuations are lower. For one, there are few acquisitions in Latin America, and when acquisitions do happen, they tend to be at lower valuations than their counterparts in other p

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[ADV] 4 Products Businesses Can Import From Qatar

YoungUpstarts

Middle Eastern countries have build an immense reputation in the world of business by exporting goods to many countries and Qatar is one such country. Bordering Saudi Arabia, Persian Gulf, UAE and Iran, Qatar is one of the most important Middle Eastern countries despite its small size. According to reports, 92 types of products are being imported by various countries from Qatar helping the country make more than $57 billion each year.

Qatar 140
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What Losing A Business Taught Me About Entrepreneurship

YFS Magazine

Nobody wants their story to include an "I lost a business," chapter. And yet, it's a part of mine. Over the years, rather than hide and pretend it didn't happen, I've come to embrace and appreciate it. Without that experience I wouldn't be a success today.

Developer 123
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7 Ways to Make Your Business Money While You Sleep

Mike Michalowicz

Think about the way your business runs: you attract prospective clients, convert them to customers, collect the money, cultivate repeat business, and encourage customers to refer other prospective clients. Each of these steps entails specific challenges, and one of your goals as an entrepreneur should be to automate as many of these steps as possible.

Affiliate 107
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Does Your Company Have a Just Cause?

SiliconHills

By Laura Lorek Publisher of Silicon Hills News To succeed, businesses must have a just cause, said Simon Sinek, the bestselling author of Start with Why. “A cause so just that not only do people feel like they are part of something bigger than themselves, but they are willing to sacrifice in order to advance […]. The post Does Your Company Have a Just Cause?

Austin 108
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3 Entrepreneurs Share Their Business Goals for 2nd quarter, 2018

Hearpreneur

It’s the 2nd quarter of the year and right after the ball drops, it’s time to go to work. Often entrepreneurs and business owners create new 2nd quarter goals around their business or continue with the new year’s resolution. It could be more revenue, hiring clients or launching a new product or service, but every new year & quarter is an exciting time because it’s ripe with opportunity.