September, 2017

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The Great Retail Reinvention: How the Internet Is Reshaping the Way We Buy Clothing

View from Seed

Apparel is currently one of the most fascinating categories within the Everyday Economy. It’s a $1T+ global industry undergoing tectonic shifts. We are currently seeing the most rapid collapse of retail since the Great Recession, due to the internet changing consumer demand and purchasing patterns. In 2017 alone, we’ve seen widespread store closures or bankruptcies from apparel retailers, including: True Religion.

Internet 209
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How Online Training Can Help Even Seasoned Employees

YoungUpstarts

by Sean Gordon, CEO of Hirenami . Employee training is usually associated with new hires. However, even the most seasoned employees can benefit from training. Many companies are seeing the value of training veteran employees and for good reasons. Sometimes a company has to change directions or how they sell their products. Other times company leaders notice a drop in productivity or accuracy or need employees to become more efficient in order to remain competitive.

Employee 216
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7 Cultural Myths That Can Destroy Your Moral Compass

Startup Professionals Musings

New entrepreneurs tend to focus only on getting the product right, and assume that the right culture and ethics will come later simply by hiring good people. In fact, they need an early focus on developing their moral compass, as well as setting the right ethical tone. Building an ethical business is more than just compliance and meeting legal requirements, and it has big paybacks.

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Venture Capital Funding and the Sexism You Can’t Quite Prove

Up and Running

At the outset, it is worth noting that when it comes to the world of venture funding, I am a bit of an outsider. Until a handful of years ago, I didn’t even know what venture capital was, let alone anything about the complicated process of actually acquiring VC funding. I don’t know this world on an intimate, personal level. I don’t know how it operates behind closed doors.

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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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Five Essentials For Your Business Success

The Startup Magazine

If given a choice, most people would like to own their own business, be their own boss and build their dream rather than working for someone else’s dream; what holds them back is not having the know-how (a business plan), which creates doubt and fosters fear of failure. These are also the best reasons to consider a franchise when going into business.

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Skills Development in Africa: How Wide is the Skills Gap?

Transformify

70% of Africa’s population is under the age of 25 shaping one of the largest untapped talent pools in the world. At the same time, 75% of all university graduates in Kenya and Nigeria are likely to be unemployed for up to 5 years after graduation. What are the drivers behind these figures and why Africa is so polarized when it comes to skills development and unemployment rates?

Africa 75

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Why Your Tiny Startup Needs A Business Plan

YoungUpstarts

by Bob Adams, serial entrepreneur and founder of BusinessTown.com. You might be thinking that a business plan doesn’t make any sense for your small new enterprise. After all you are not planning on trying to get even a bank loan, let alone venture capital. Isn’t that what business plans are really for anyway: raising money? No, the best purpose of a business plan is to help you and your team (if you have one) develop, refine and update your plan for the business.

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10 Negatives That Still Make Going Public A High Risk

Startup Professionals Musings

In the old days, every entrepreneur dreamed of easily taking their startup public, and making it big. Today the rate of startups going public (IPO – Initial Public Offering) is up from the dead zone, but is still half the rate of 15 years ago. Smart entrepreneurs are just now starting to look at this option again, due to its unpredictability and the challenges of running a public company.

IPO 218
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How to Fund Your Startup Without Losing Control

Up and Running

Capital investments are like gasoline on a startup business’s metaphorical fire. They allow you to hire more people, purchase new technology, and establish new business connections, among many other benefits. If you’re like most startup CEOs, your startup has been your personal fiefdom and baby. You make all the decisions, when you want, how you want.

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Embargo App Disrupts Hospitality Industry with Style

The Startup Magazine

As we know London boasts a vast choice of bars, restaurants, clubs, cafes – there are not many places in the world that can compare to our city. It is certainly a luxury, but as a customer it is easy to become one of many and miss out. However, it turns out it doesn’t have to be like this… Imagine having all the perks of London’s coolest bars, restaurants and events at your fingertips?

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24 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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Hire as if your survival depends upon it.

Berkonomics

Aside from visionary management, this is your most important job. Close. Many of us go through the motions of hiring to fill a position, trying to use our intuition and skills to find the best candidate for the job. Sometimes we use consultants or recruiters; often we use internal talent to fill most positions. And over the years, we students of business success have learned that there is a science to the hiring process that continues through the life of an employee’s tenure with the company.

Hiring 97
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A Complete Branding Strategy For Your Startup Is Kinda Very Important Now

YoungUpstarts

by Nate Vickery, editor-in-chief of Bizzmarkblog.com. Starting up a business is an enormous and serious task that will most definitely pose many challenges along the way. The whole process is a continuum, so it is of high importance to do it well and know where to start. The competition is fierce and with the constant development of technology and social media advances, everything has become bigger, better and faster.

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7 Steps To Building The Right Team For Your Business

Startup Professionals Musings

Most new entrepreneurs work alone in developing their idea or a solution to a problem, but ultimately realize that starting and growing a business requires more. Not many people have the bandwidth to simultaneously cover all the required bases in finance, marketing, manufacturing, and operations, as well as solution development. It takes a working team to build a business.

Bandwidth 154
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Business Advice Podcasts: Why Every Entrepreneur Should Tune In

Up and Running

Every so often, a new innovation in shareable media changes the game. It starts slowly at first—everything from printed type to television began small—but eventually, it becomes the gold standard for information sharing and entertainment. The latest member of this elite media club is the humble podcast. In 2003, the journey of the podcast began, and by 2007, “The Ricky Gervais Show” made headlines with a record-breaking audience 260,000 listeners.

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Make Your Small Business Smarter with Artificial Intelligence and Machine Learning

crowdSPRING Blog

Mention artificial intelligence (AI) to someone, and they’ll probably think of things like sentient robots or murderous computers. (“I’m afraid I can’t do that, Dave.”). You have to look no further than the phone in your pocket or the credit card in your wallet to know the truth: AI is no longer just a science fiction plot device; it’s everywhere, and super useful for your business.

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How to Conduct Your Own Total Online Presence Audit

Duct Tape Marketing

How to Conduct Your Own Total Online Presence Audit written by John Jantsch read more at Duct Tape Marketing. Wondering why your prospects don’t find you on Google, or why your website doesn’t generate traffic and leads like you thought it would? How about why your competitors seem to show up for coveted keywords above you in search results? These are good questions that you should have the answers to.

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What equality in tech looks like in 2017

Transformify

The tech industry is often associated with startup offices packed with young men in their twenties or thirties working long hours on the next Facebook or Google. Unfortunately, this perception is not necessarily misleading. A PWC research reveals that only 3% of the female students would consider a career in tech as their first choice. Why? A quarter of the participants stated that the industry is too male dominated.

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Millennials: Ignore The Advice Of Your Helicopter Parents

YoungUpstarts

by Trevor Throness , author of “ The Power of People Skills: How to Eliminate 90% of Your HR Problems and Dramatically Increase Team and Company Morale and Performance “ Let me take a moment to smash a myth that has been embraced by millions of young people throughout North America. It has become the watchword of a generation; a sacred cow; a touchstone of our whole society: You can be anything you want to be!

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Plex and the Fourth Industrial Revolution

deal architect

I first wrote about the Fourth Industrial Revolution in the 2013 book The Digital Enterprise. A collaboration with the CEO of Software AG, most of the examples profiled there were Germany based. At the same time, companies like GE were.

Germany 258
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7 Ways To Be The New Venture Leader Investors Seek

Startup Professionals Musings

In the beginning all businesses are just people playing out an idea. It’s never the other way around – there is no idea so big that it doesn’t need people to make it succeed. Investors know this, hence the saying “Bet on the jockey (founder), not the horse (idea).” A great jockey is a great role model. Like it or not, everyone looks to the entrepreneur as the jockey role model in a new business.

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The Man Who Coined “Product-Market Fit” Shares Mental Models for Entrepreneurs [Traction #47: Andy Rachleff]

View from Seed

On the podcast today, NextView cofounder Rob Go sits down with Andy Rachleff, VC veteran and the president, CEO, and executive chairman of Wealthfront. They talk about how Andy came up with the term product-market fit, how he applied his own lessons (and updated them) in building Wealthfront, and the mental models founders can use to unlock their real unfair advantage in a tactics-obsessed world: how you think.

Cofounder 184
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Tackling the Sales Aspect of Being an Entrepreneur

Duct Tape Marketing

Tackling the Sales Aspect of Being an Entrepreneur written by John Jantsch read more at Duct Tape Marketing. Marketing Podcast with Jim Brown. Podcast Transcript. My guest for this week’s episode of the Duct Tape Marketing Podcast is Jim Brown, founder and host of SalesTuners. He and I discuss sales training and techniques. Brown has spent the last 10 years helping lead two companies from $1M to more than $10M and one from $1M in funding to $0.

Sales 69
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The Most Important Startup Question

For Entrepreneurs

Because of the huge overload of topics clamoring for a startup CEO’s attention, it can be really hard to figure out where to focus. As anyone involved with startups will tell you, focus is key to success. I believe there is one question that should dominate startup founders’ thinking, as it brings all aspects of.

Startup 167
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The Logistics Industry is Taking A Turn For The Electric

YoungUpstarts

In the global economy, activities surrounding logistics and transportation represent a huge sector. Indeed, the ways in which the L&T industry contributes to the modern world’s economic and social progression isn’t easy to adequately measure, let alone overstate. As seems to be the growing trend in the industrial world (and thankfully so), logistics companies are turning progressively “greener” in their activities, opting for electric trucks rather than standard diesel-powe

Europe 140
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Startup founders, please stop copying each other

The Next Web

“Good artists copy, great artists steal” This quote is often attributed to Pablo Picasso but did you know that he actually ‘stole‘ it from a host of writers and authors before him? Steve Jobs then credited the quote to Picasso and the cycle of plagiarism continued. Why do I care about copying in the startup world? Well I’m writing this post as a disgruntled victim of a daylight robbery.

Founder 167
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7 Action Items For Introverts Starting New Ventures

Startup Professionals Musings

You can’t win as an entrepreneur working alone. You need to have business relationships with team members, investors, customers, and a myriad of other support people. That doesn’t mean you have to be a social butterfly to succeed, or introverts need not apply. It does mean that you need to look, listen, and participate in the business world around you, and network through all available channels, like business-oriented social networks online (LinkedIn), local business organizations (Chamber of Co

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Lego Locks on To 6 Valuable Leadership Lessons for Small Business Owners

Small Business Force

Whether you’re an early-stage company or have been around for ten years, for entrepreneurs, leading and managing a small business, especially its growth, is never an easy task. However, for entrepreneurs, it’s when you are facing adversity that your ability to lead both your company and your team, is most challenged, and when you need to think differently. "We realized we weren’t going to make our numbers." A recent article in The Wall Street Journal noted that Lego, th

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5 Ways to Supercharge Your Custom Audience

Duct Tape Marketing

5 Ways to Supercharge Your Custom Audience written by Guest Post read more at Duct Tape Marketing. If you don’t upload a custom audience to your Facebook ads, pack your bags, leave, and forget about Facebook advertising. Without a custom audience, you can’t target an audience that is likely to respond to your ads and convert. A custom audience allows you to do one important thing: target a highly interested audience that has already interacted with your business.

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How companies strangle innovation – and how you can get it right

Steve Blank

A shorter version of this post first appeared on the HBR blog. — I just watched a very smart company try to manage innovation by hiring a global consulting firm to offload engineering from “distractions.” They accomplished their goal, but at a huge, unanticipated cost: the processes and committees they designed ended up strangling innovation. There’s a much better way.

Incubator 312
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Entrepreneurial Tips For Growing A Business

YoungUpstarts

by Darren Nicholls, Product Manager (Commercial and Wider Markets) at Informi. Despite what older generations may say, there has rarely been a tougher time to establish yourself as a business professional or entrepreneur than in today’s world. Most popular industry markets are saturated with thousands of businesses, investors and financiers that it can exceptionally hard for a young professional to make an early mark on the industry.

Finance 133
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Creative industries need to start trusting their remote employees

The Next Web

In my 25 years in creative industries, the way we have worked has never felt right. Like some kind of industrial revolution hangover — a time when work was boring, uncomfortable and dangerous — it appears people still need to be coerced with carrots and sticks into being productive. Even in 2017 the starting point for employers still sounds most often like: “you don’t enjoy working, so I’m going to make you.

Employee 166
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Startup Marketing Should Skip Traditional Advertising

Startup Professionals Musings

The power and influence of paid media advertising, including print ads, TV commercials, radio, and even online digital campaigns is waning, in favor of unpaid earned and owned messaging from your website, social media, key market influencers, and existing customer word-of-mouth. But startups need to remember that even zero paid media doesn’t mean that marketing is free.

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The SaaS Founder’s Journey – What Matters At Each Stage

For Entrepreneurs

As anyone involved with startups will tell you, focus is key to success. But, it can be very hard when there is a huge overload of topics clamoring for a startup CEO’s attention. In order to achieve the necessary focus and understand what you need to accomplish to ensure success/survival, you need to truly understand.

Startup 145
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The Ins and Outs of Getting The Most Out of Video

Duct Tape Marketing

The Ins and Outs of Getting The Most Out of Video written by John Jantsch read more at Duct Tape Marketing. If you’re looking for advice on how to shoot or edit video, this is not the post for you (well, it could be, but not for that reason). If, however, you want to know why you should use video and the various ways you can use it, you’ve come to the right place.

Video 52
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Is Passion Enough to Make Your Business Succeed?

Up and Running

To succeed as a small business owner and an entrepreneur, you need passion. That’s what led me to start my business, BlueVine , four years ago. BlueVine, which is based in Redwood City, California, offers online working capital financing to small- and medium-sized businesses in many industries. My company provides convenient access to funds for everyday business needs, from covering payroll to procuring supplies, to dealing with emergencies and taking on unexpected business opportunities.