Sat.Aug 31, 2013 - Fri.Sep 06, 2013

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Why Real Learning is Outside the Building, Not Demo Day

Steve Blank

'Over the last three years our Lean LaunchPad / NSF Innovation Corps classes have been teaching hundreds of entrepreneurial teams a year how to build their startups by getting out of the building and testing their hypotheses behind their business model. While our teams have mentors, socialize a lot and give great demos, the goal of our class final presentations is “ Lessons Learned ” – about product/market fit, pricing, acquisition/activation costs, pricing, partners, etc.

Lean 315
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[Singapore] Setting The Stage On An Innovative Technology Show

YoungUpstarts

'Those of us who’ve been to the International CES – better known as CES or Consumer Electronics Show – would have been awed by the array of existing and upcoming consumer technology displayed at the four-day technology trade exhibition that can take up to weeks to set up and dismantle. Well it seems Singapore is going to get its own version in 2015.

Singapore 178
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It’s Not a Conversion Problem, It’s a Customer Development Problem

ConversionXL

'I feel like “conversion rate optimization” is in 2013 what “social media marketing” was in 2009. Most startups fail. Not because they have a conversion problem but because they never really nail the product or how to market it. The product or website (be it software, e-commerce, or a service) might be awesome , but if it puts itself in front of the wrong market, or packages itself so the right market can’t figure out why it’s awesome, the startup will fail.

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This Ain't No Party, This Ain't No Disco…

Growthink Blog

'Last week, I wrote about the power of business intelligence dashboards. How, for the first time, smaller businesses can harness the power of big data to more efficiently and profitably manage their companies. Some readers expressed skepticism that this "stuff" actually works. That it is just more "noise” that causes entrepreneurs to get “lost in the weeds” versus long-term thinking and planning.

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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 to Present and Answer Questions in a Team Presentation or VC Pitch

Both Sides of the Table

'I sit through a lot of presentations. These range from companies pitching me to portfolio companies presenting at board meetings. Each of these scenarios has a team presenting. Almost always the CEO plus members of his or her management team including tech, marketing, sales and/or product. Some CEO’s are masters at communicating when team members are present.

Cofounder 377
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Eight Accounting Tips For The Aspiring Entrepreneur

YoungUpstarts

'By Mark James, Crunch. Behind every successful entrepreneur is an excellent accountant – a natural number cruncher carrying a passion for payroll. With their assorted accountancy knowledge they help keep businesses afloat, but unfortunately like everything in life their expertise comes at price. As such, as an aspiring entrepreneur you’re probably struggling to afford one, their yearly or monthly fees impacting significantly on your cash flow.

More Trending

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Would You Be Able To Deal With A Startup Failure?

Startup Professionals Musings

'If your first startup fails, you are about average. Most entrepreneurs fail on at least one attempt. Investors agree that an entrepreneur who has never failed probably hasn’t pushed the limits. What investors look for is not that you never fail, but that you learn from the failure, maintain a positive attitude, and work with integrity on the next one.

Startup 263
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How Do You Pick the Right Business Partner or Co-Founder?

Small Business Force

You think about it ahead of time! Picking a partner or co-founder isn't like finding a new friend. This is creating a relationship that will last for some time, with enormous financial and emotional consequences. Just like people that tend to jump into marriages, entrepreneurs tend to get starry-eyed and join forces without thinking through the long-term implications of having a partner.

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Why You Should Background Check Your Business Partner

YoungUpstarts

'by Kenneth Coats, founder of eKnowID. If you don’t perform a background check on your potential partner before doing business with him, you’re setting yourself up to get duped. Now, don’t get me wrong: Most people don’t lie on their résumés. But those who have something to hide will hide it. In other words, you won’t know it’s there unless you look for it yourself.

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The Modern Medicis

deal architect

'Have you heard of Green Day? Can I go see them? replied my daughter. She knows when I ask her about a band I don''t know, they usually are at some event I am attending, Yes, Green Day will play.

Green 249
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10 Ways To Learn At a Startup To Be An Entrepreneur

Startup Professionals Musings

'Everyone knows that that startups are risky, but they also expect that the job will be exciting and potentially very lucrative (think early employees at Facebook and Google). Yet we have all heard stories about the high turnover, unstructured work environment, lower base pay, and unpredictable expectations from the top. Assuming you are lucky enough to get hired, what can you do to survive, and even stand out above the rest in this environment?

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2013 Pacific Crest SaaS Survey

For Entrepreneurs

'We worked together with Pacific Crest, an investment banking firm with a specific focus on SaaS, to survey 155 SaaS companies on a variety of topics such as growth rates, CAC (cost to acquire a customer), gross margins, churn rates, etc. The goal of the survey is to provide useful operational and financial benchmarking data. […].

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[Review] Loveworks

YoungUpstarts

'The best examples of marketing are those that make emotional connections with its target audience. When a brand can engage and stir the deepest emotions of their consumers, it pushes beyond the boundaries of mere acceptance to winning their love – that’s the premise of the book “ Loveworks: How the world’s top marketers make emotional connections to win in the marketplace “ by Brian Sheehan.

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Why more market analysis is moving in-house

deal architect

'It’s good to see my friends Dennis Howlett launch Diginomica, David Vallente at Wikibon, Ray Wang at Constellation, Phil Fersht at Horses for Sources and others expand their firms, Michael Cote join 451 Research.

Marketing 236
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Customers Remember Experiences, Not Your Brand Logo

Startup Professionals Musings

'Most businesses spend big money testing their brand logo, catchy marketing phrases, and demographics, but spend little time training and validating that their employees can and do deliver memorable experiences to their customers. The result, according to a recent Gallup survey , with 70 percent of U.S. workers not fully engaged, is unhappy workers and poor brand experiences.

Customer 244
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The best way to approach investors: four tips

Version One Ventures

'When you’re on the hunt for funding, it’s natural that you want to get things moving as quickly as possible. However, identifying and approaching the right investor should be a measured process. Blasting the same quick email to a dozen investors will never work in your favor. The average investor receives hundreds of pitches each month – making your approach all the more critical.

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Why Resource Planning Software Is Necessary For Small Business Success

YoungUpstarts

'by Akshat Singh, project manager and resource coordinator at eResource Scheduler. In modern times, small and medium enterprises businesses are playing a very fundamental role in the growth of any country’s economy. This increasing impact that these kinds of businesses have on the worldwide economy explains why the owners have to be more attentive than ever.

Software 239
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Auditors: Do as I say, not as I do

deal architect

'In 2009, The American Institute of Certified Public Accountants (AICPA), its subsidiary CPA2Biz, and Intacct formed an alliance to bring the benefits of cloud accounting to CPA firms. In my book project this summer, the CEO of DATEV told me.

CPA 207
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How Many Friends Do Startup Founders Really Need?

Startup Professionals Musings

'The Internet and social media have totally destroyed the meaning of the word “friend” and even changed it from a noun to a verb. On Twitter and Facebook, many young people follow hundreds of friends before age twenty, all without ever having physically said or heard a word from most of them. Facebook users with “whale” status (5,000 friends), are not even rare any more.

Founder 239
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Boulder Is Hiring!

Feld Thoughts

'It’s no secret that many companies in the Boulder/Denver area are looking for talent — there are dozens posted on the Foundry Group and Techstars job pages alone. If you’re looking to meet some great Boulder companies looking for technical help in person, check out the Boulder Tech Job Fair Sept. 11 from 3-7 p.m. at the Boulder Chamber building, 2440 Pearl Street in Boulder.

Hiring 153
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Profitable Small Business Ideas For Would-Be Entrepreneurs

YoungUpstarts

'By Brandon Peters. We are in a time of economic depression. Every rational individual who knows the value of money has definitely felt the undulating financial turbulence. This challenging reality requires us to make use of fresh ideas, accessible stocks and business acuity to be able to survive. For people who has no background on business and entrepreneurship, this could be too much to digest.

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How to stay productive when you work in an open office

The Next Web

'This post was originally published on the 15Five blog. . It’s very likely that if you’ve worked in an office at all, you’ve worked in an open-plan office. As a reaction against hierarchical workplace structures and a means to move employees away from working in boxes, they’ve become commonplace. They’re a double-edged sword, however. On the one hand, open-plan offices can inspire a more collaborative, innovative and social environment where ideas transfer easily between members of different

Product 154
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Smart Startup Founders Ask, Listen, Learn, and Lead

Startup Professionals Musings

'I’m a big fan of the old adage "There are no stupid questions, only stupid answers." We have all heard questions that begin, "This may be a dumb question, but …" used effectively by smart people who are not afraid of risking ridicule by challenging a questionable assertion from an intimidating speaker. Most people in business seem to expect their leaders just to give orders.

Founder 234
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Whisper’s 5x growth has led them to a $21M Series B investment

Lightspeed Venture Partners

'In March 2013 we led the Series A of Whisper , an extraordinarily engaging smartphone app. The app allows users to anonymously share secrets, their text over arresting images. Other users can then read, heart and reply. Here is one on weddings: Here is one on being in the closet: And here is one about college: As you can see, anonymity is key to authenticity for these sentiments.

Retention 151
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How To Decide: Start Up – Join Up – Grow Up.

YoungUpstarts

'by Richard McMunn, founder of How2become.com. The new kids on the block are the next generation and are relied upon to bring new ideas and thoughts to the world. Older generations are often heard stating the young have no idea. The young do have ideas. They were born into the micro-chip era while the older generations are still getting to grips with the internet and still afraid to sign-up to online banking facilities in case they get ‘robbed’.

Internet 164
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What to write about on your startup’s blog

The Next Web

'Kostas Papageorgiou is Paymill ’s resident blogger and a professional blogger and content creator who helps startups grow their online presence through content marketing. This post was originally published on Paymill’s blog. Whether you’re bootstrapping or have just secured a round of funding – chances are you want to attract as many customers to sign up for your product/service.

eCommerce 147
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Smartphone Location Tracking Apps Next Wave Is B2B

Startup Professionals Musings

'These days, I’m hearing more and more that Location-Based Services (LBS) are transforming the smartphone Industry, but only for consumers. So far, it’s been focused on people wanting to find nearby shopping specials and friends ( Shopkick and Foursquare ). Entrepreneurs need to look more broadly into the business-to-business (B2B) space for more lucrative opportunities.

B2B 210
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One Real-Time Communication System to Rule Them All

Feld Thoughts

'We just led an investment in Kato and I’ll be joining the board. If the headline sounds familiar, it’s because it’s similar to the one I wrote a year ago when we led an investment in FullContact. The headline then was One Address Book To Rule Them All. Like the contact management problem, the real-time communication problem is a total mess.

API 140
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[Singapore] Techinasia.com Acquires SGEntrepreneurs

YoungUpstarts

'One of Asia’s biggest regional technology and startup blogs just got bigger – Tech in Asia ( Techinasia.com ) just announced its acquisition of fellow Singapore-based tech blog SGEntrepreneurs (SGE) for an undisclosed sum, entrenching itself as one of the leading English language blogs covering the technology scene in Asia. Founded in 2005 by Gwendolyn Regina Tan, Bernard Leong, and Lai Wei Chang, SGEntrepreneurs has been a leading light and key resource for many Singapore-based st

Singapore 159
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Why Venture Capital is the Perfect Fit for Me

Version One Ventures

'If you told me a few months ago that the next chapter in my career would be in venture, I may not have believed you. But now, it makes perfect sense. Working on my PhD was often a lonely activity. I found myself seeking human interaction by leading every committee, captaining every team, and teaching every course that I possibly could. Through these experiences, I discovered my passion for leadership development and championed it into University of Toronto Engineering in two ways: a program

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You Are A Reflection Of What You Surround Yourself With

Mike Michalowicz

'I have noticed that some people are news addicts and others are anti-news addicts (avoiding the news like the plague). I am the latter. I never watch the news. To me, it’s simply a compilation of the most shocking, horrific stuff the producers can compile. Anything to keep my attention. Anything to have me glued to the TV. Anything to make money.

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The Toxicity of Arrogance

Feld Thoughts

'Last night Amy and I saw Closed Circuit. We both walked out of there completely bummed out. It was a good movie, but the arrogance of some government agencies (in this case British MI-5) was overwhelmingly real and upsetting. We went to bed when we got home and I tossed and turned for awhile, thinking about nasty government s**t. I had a crazy dream that seemed to go on forever about being tangled up in some kind of spy related thing with old college buddies and woke up with it completely unres

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PeoplesVC Launches Crowdfunding TV Channel

YoungUpstarts

'Peterborough, New Hampshire-based PeoplesVC is on a mission to create jobs in America, and the equity-based crowdfunding site is in the process of launching an integrated multimedia platform to do exactly that. Called PeoplesVC-TV , the network will play host to specially developed live, theme-based TV shows expected to help the site to achieve its aim of job creation through hyperlocal crowdfunding, revolutionizing capital formation for startups and existing small businesses. “Our prim

Channel 150
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Microsoft, Near Death, & Enterprise Cloud

Agile VC

'We all woke up to the news that Microsoft is buying Nokia for ~$7B (ok, not the carrier infrastructure biz but the main part of Nokia that anybody cares about). This isn’t totally out of left field since they’ve had a close partnership for a year, but I tweeted my reaction: ” Microsoft buying Nokia core phone business strikes me as 0.5 + 0.5 = 0.6 “ What Microsoft needs is a near death experience so that they can reinvent themselves as an enterprise cloud company.

Cloud 113
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Why People Talk Fast

Mike Michalowicz

'I talk fast. I mean, really fast. I mumble at times, too. During a morning walk, I had a flash of introspective insight, that explains my quick tongue. I am afraid. I am afraid that if I don’t speak quickly enough, you will lose interest. I am afraid that if I don’t get my message out fast, you will stop listening. I am afraid that I don’t have enough time to keep your attention.

Flash 138
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Defrag 2013 – Year 7

Feld Thoughts

'Defrag is entering its seventh year of existence. That’s kind of amazing to me. What started as a simple email exchange between myself and Eric Norlin almost eight years ago resulted in a conference that has grown in importance, had meaningful impact on my thinking (and that of many others), and spawned other shows, most notably Gluecon. Most tech conferences don’t last seven years, and they certainly don’t get better with time.

API 137