Dominican Central Bank Reports 29% Growth In Remittances

YoungUpstarts

annually since 1993. million between 1993 and 2020. The COVID-19 crisis had a major adverse impact on the global economy. GDPs of most countries declined. Amid the new restrictions several Latin American and Caribbean nations reported plummeting remittance volumes.

The First Rule of Leadership

Ben's Blog

Chance The Rapper, “ Wanna Be Cool “ In 1993, the professional basketball player Charles Barkley famously said: “I am not a role model. I don’t want you to be me. you should just be you. Just because I dunk …

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Book: The Startup Playbook

Feld Thoughts

I’ve known Will since 1984 and Raj since 1993. If you are working on your first startup, this is the book for you. Hopefully, the Foreword I wrote reflects my belief in the quality and importance of this book. My friends @willherman and @rajatbhargava put their hearts and souls into the creation of the first edition of The Startup Playbook, and it paid off. Over 13,000 people bought the book, it’s a 4.8-star review book on Amazon (with 100 reviews), and it sold out.

Book: No Vision All Drive

Feld Thoughts

It’s long, but as Gaskins rolled through the Forethought history in the mid-1980s and then his time at Microsoft from 1987 – 1993, I was able to once again time travel back to Feld Technologies, which was an independent company from 1987 to 1993 (when we were acquired by Sage Alerting Systems, which became AmeriData Technologies.). I love origin stories. David Brown , Techstars CEO and co-founder, just updated his and published a new edition of No Vision All Drive.

How to Be Ready for What’s Next

Duct Tape Marketing

Under his leadership, the company grew from just over $6 million in annual revenue in 1993 to over $1.6 Under his leadership, the company grew from just over $6 million in annual revenue in 1993 to over $1.6

Happy Anniversary Amy

Feld Thoughts

On the summer solstice in 1993 we went to the top of Ester Dome in Fairbanks, Alaska and exchanged vows. But we count years from that date on top of Ester Dome in 1993. Amy and I have been married for 18 years. Earlier that day we went to Pay ‘n Save and bought our wedding rings (I think we got six for $1.99). I wrote the word “vows&# on a piece of paper twice, tore it in half, and gave one of the vows to Amy to give to me when we got to the top.

Alaska 110

An Open Letter to Startup Founders Everywhere in a Time of Crisis

David Cohen

I started my first business in 1993, right in the middle of the recession, because I didn’t know any better. March 30, 2020. Founders, I’m talking to you. I’m one of you. Your world and mine are different than they were three weeks ago. A virus has changed everything for your businesses and for your family. You’re being bombarded by advice for what to do ( including mine ), and trying to figure out how to make sense of it all and how to apply it to your own business.

They Can’t Kill You And They Can’t Eat You

Feld Thoughts

I was on three other public company boards, including being co-chairman of MessageMedia with Jerry Poch, who was Len’s partner in their previous company (AmeriData Technologies – which had bought my first company – Feld Technologies – in 1993). Since I’d first met Len in the spring of 1993, he was beloved by almost everyone around him. The amount of energy he put into me, and his relationship with me, was unexpected by me when he bought Feld Technologies in 1993.

SEC 122

dot429.com – Professional Networking For The LGBT Community

YoungUpstarts

Founded by CEO Richard Klein – who also founded Surface magazine in 1993 – dot429 also has a magazine called 429Magazine that provides a queer professional perspective on current issues, with exclusive content written by industry insiders covering everything from finance and business to leisure and entertainment.

The Philanthropic Efforts Of James Dondero

YoungUpstarts

The Dallas investment management firm was founded by James Dondero and Mr. Okada in 1993 in Los Angeles, over the course of more than two decades, Highland has become a multibillion-dollar global asset manager. James Dondero is an entrepreneur who perfectly embodies how business persons should handle their philanthropic efforts. Mr. Dondero’s charitable activities have seen successful results in a wide array of organizations.

Dallas 116

Why Pioneers Have Arrows In Their Backs

Steve Blank

In fact, a 1993 paper by Peter N. First-Mover Advantage is an idea that just won’t die. I hear it from every class of students, and each time I try to put a stake through its heart. Here’s one more attempt in trying to explain why confusing testosterone with strategy is a bad idea. First mover advantage – great bad idea. The phrase “first mover advantage” was first popularized in a 1988 paper by a Stanford Business School professor, David Montgomery, and his co-author, Marvin Lieberman. [1].

Jeff Melanson, Others Highlight What Arts Can Do For Young Entrepreneurs

YoungUpstarts

This further bolstered findings from 1993 when researchers concluded that exposure to classical music, specifically Mozart, led to increased cognition in college students. There have been many studies over the years linking arts exposure in youth to increased intelligence, better test scores and enhanced creativity. Exposing children to things like music, dance and theatre is also known to increase awareness and empathy, as well as enhance their ability to focus.

CU Boulder’s New Venture Challenge 10th Anniversary

Feld Thoughts

The entire experience was foundational for me, both as an entrepreneur and an early angel investor (I started investing in 1994 after I sold my first company at the end of 1993.). Tonight, the New Venture Challenge at CU Boulder is having its 10th anniversary. It’s happening at the Boulder Theater from 5:30 pm – 7:30 pm and is open to the public. Register here to attend if you are interested.

Bitcoin: things only grow this fast when something important is happening

The Equity Kicker

You can see from the chart below that the number of internet hosts grew 10x from 1989 to 1993 – that’s roughly 2x a year. Coindesk just published their quarterly ‘ State of Bitcoin ‘ presentation. This slide stood out for me: Looking at the massive year on year increases in most of these metrics I’m reminded of some wise words from Jeff Bezos.

Egypt 117

Falling Out Of Love With Being CEO

Feld Thoughts

But we stayed after it and built a successful company that was consistently profitable and acquired by a public company in 1993 for a few million dollars. I was a CEO once. In my first real company, Feld Technologies, there were two founders – me and Dave Jilk. I was President (we didn’t use the CEO title then, but as the President, I was the “chief executive officer”) and Dave was Vice President. As we grew, other people had different titles, but the two of us ran the business.

The $100K Award At The CU Boulder New Venture Challenge

Feld Thoughts

I got involved as a judge in 1993 and was active through 1997 with occasional visits to the finals in subsequent years when I was around Boston. In the fall of 2007, my friend Phil Weiser, Executive Director of CU Boulder’s Silicon Flatirons Center, convened 25 leaders from CU Boulder and the Boulder / Denver startup community. We spent an afternoon talking about the idea of an entrepreneurial university. Phil called the meeting a Roundtable, even though the table was long and rectangular.

Fair and Reasonable

Feld Thoughts

I learned this value from Len Fassler and Jerry Poch in 1993 when they acquired my first company. I was on the phone with an old friend last week. We were talking about a few things around a negotiation, and he said something profound. “I just want things to be fair and reasonable.” ” I loved this phrase. I had never bought, sold, or invested in anything up to that point.

Demand 121

No Vision, All Drive

David Cohen

Here’s the quick story: in 1993, we founded our first company, Pinpoint Technologies, which grew from a basement startup to a successful multinational company with $50 million in annual sales and over 250 employees. It was pretty fun to sit on stage recently with Techstars co-founder David Brown to tell our story in front of the newest class of Techstars founders in Boulder.

Video 89

The Simple Formal Beginnings Of Feld Technologies

Feld Thoughts

A short letter agreement specifying the equity splits and the boilerplate legal docs were the only legal docs we had until we sold the company in 1993. My first business partner, Dave Jilk, emailed me our original partnership agreement for Feld Technologies. It’s one page. We incorporated a month later as an S-Corp.

Entrepreneurship for the 99%

Steve Blank

million) of the 15 million net new jobs created between 1993 and 2009. This is a guest post from Jerry Engel, the Faculty Director of the National Science Foundation Innovation Corps (and the Founding Faculty Director of the Lester Center for Entrepreneurship at UC Berkeley.). ———– The 99%. As the morning fog burns off the California coast, I am working with Steve Blank, preparing for the Lean LaunchPad Faculty Development Program we are running this August at U.C.

Mentors 6/18: The Best Mentor Relationships Eventually Become Two-Way

Feld Thoughts

Len and his partner Jerry Poch bought my first company in 1993. Each of these relationships are long term ones – Len and I since 1993 and Charlie and I since I was born in 1965. I spent the day yesterday at the Disney Accelerator meeting with each of the teams and then had dinner with the CEOs and a lead mentor for each company.

Boston 150

Are You A Boston Based Entrepreneur Looking for a Mentor?

Feld Thoughts

In 1993 I was the founder of the Young Entrepreneurs Organization Boston Chapter and member #1. My long time friend Warren Katz pointed me out to an event on March 3, 2010 called EO Boston Accelerator Shark Bowl 2010. It’s a competition for entrepreneurs under 40 with businesses between $100k / year and $1m / year in revenue.

Boston 103

Launching Startup Life: Surviving And Thriving In A Relationship With An Entrepreneur

Feld Thoughts

We got married in 1993. The second book in the Startup Revolution series, Startup Life: Surviving And Thriving In A Relationship With An Entrepreneur , is shipping in the next week or so. My wife Amy Batchelor and I wrote this one, with contributions from about 20 other entrepreneurial couples. Amy and I have been friends since we met in college in 1984. We have been together as a couple since 1990. Our marriage almost ended in 2001. Today, I am ecstatic in my relationship with Amy.

Why Female Founder Office Hours is So Important

Both Sides of the Table

In Dan Rather’s book he talks about Ruth Bader Ginsberg who was appointed the the Supreme Court in 1993. If you haven’t yet heard about Female Founder Office Hours it is an initiative you should be aware of whether you’re male, female or any other gender identify.

What we can learn from the UK’s top franchises

The Startup Magazine

After that things started to move even faster, moving out of London in 1993 and opening pubs in Bracknell and Norwich. Founded in 1993, Quiz Clothing opened 3 stores in Scotland providing fashionable women’s party dresses to women of all ages and sizes, all for a very affordable price. What we can learn from the UK’s top franchises. Franchises are popping up everywhere – that’s the whole point of them.

Asia 92

[Review] The Cowshed: Memories of the Chinese Cultural Revolution

YoungUpstarts

1993 was the year when this book was published and was acclaimed as a remarkable piece of literature. Suleman, senior academic writer at Writing-Expert.com. The author of “ The Cowshed: Memories of the Chinese Cultural Revolution “, Ji Xianlin (1911-2009), was an internationally renowned authority on Pali and Sanskrit languages. For almost 20 years he had been head of foreign languages department and a teacher as well.

China 149

Here’s Why We Fell in Love with Draft

Both Sides of the Table

I began playing Fantasy Football in 1993 before it was even a big thing. My partner Greg Bettinelli is an avid sports fan who throughout his career has developed an expert understanding in online ticketing (at eBay has was a champion of the StubHub acquisition) and online marketing. Greg knows consumer businesses and customers, which has added tremendously to our team where I admittedly have more of a background in enterprise software, data and online video.

Top 10 internet stocks – more than 1 trillion valuation

Start Up Blog

All of which are in their 1993 era. In a very short period of time, opinions of anything can change. It wasn’t so long ago that these statements were made about the internet as a commercial platform: It’s for nerds. “Fine, you nerds can do what you want but normal people are never going to use this thing.” ” It’s completely decentralized, which means you can’t trust it.

There’s Something Abuzz With GoodBuzz

YoungUpstarts

In 1993, it was during one of these long walks that he’d stumble on a philosophy that would determine his life’s path – that he’d do whatever it takes to succeed in life. Africa is not known to generate many technology talents – the country is far more prolific in its music, sport and art – but here’s one young African who intends to buck the trend. Mawuna Koutonin is the founder of London-based GoodBuzz , and his story is the stuff of dreams.

Togo 181

[Interview] Ed Rempel, Certified Financial Planner, Founder Of Unconventional Wisdom

YoungUpstarts

Ed Rempel has been countering financial conventions at least since he hung up his professional shingle as a Toronto-based certified financial planner in 1993. From Ed Rempel’s perspective, there’s way too much conventional wisdom out there when it comes to financial and investment matters, and way too many people both spout it and buy into it. It’s a problem that can cause consumers to be unprepared financially to handle the roadblocks that life can throw their way, he says.

Are Things Moving Faster Than In 1999?

Feld Thoughts

By 1987 I was regularly using faxes and Federal Express (the only overnight mail I was aware of), but a mobile phone and email didn’t really show up until around 1993 for me. I spent the day yesterday doing Denver Startup Week stuff. I was on a bunch of panels and during one of the Q&A sessions someone asked something to the effect of: “Now that things are moving faster than ever before, how do you deal with / keep up with them?”

The three legged stool of marketing excellence

Berkonomics

2) Robert Lauterborn, 1993. Marketing is a science devised to help drive customers to your door. There are lots of ways to define how to market well, including the four P’s of marketing (1): product, price, promotion and place. This is considered to be the producer-oriented model. These are still the driving focus behind most marketing courses, and deserve to be so. Then there is the four C’s, the consumer-oriented marketing model (2).

7 Things To Keep In Mind If You Want To Improve Communication With Your Team

YoungUpstarts

Starting from a small jet ski rental in Sheffield back in 1993, John has transformed his business into a dynamic multi-event and activity company. by John Tarr, co-founder and CEO of Off-Limits Events Ltd. Effective communication at your workplace is your key to building healthy relationships and getting tasks done. According to the Watson-Wyatt research, companies who cannot communicate efficiently report a 50% lesser turnover than the industry average.

Remembering Keith Benjamin

Pascal's View

Keith Benjamin, who has been one of my business partners for more than six years and a friend since we first worked together on an IPO in 1993, died on July 29th. He was a kind and loving person who adored his family, loved his work and was passionate about everything he did. We will miss him very much. I grieve for Keith’s family and mourn his passing. Share and Enjoy: Levensohn Venture Partners

IPO 28

My First Experience As A Venture Capitalist

Feld Thoughts

Feld Technologies was acquired in November 1993. I often get asked how I ended up becoming a venture capitalist. When people ask me how they can become a VC, I point them to my partner Seth Levine’s excellent blog posts How to become a venture capitalist and How to get a job in venture capital (revisited). But it occurred to me today – after getting another email asking me how I’d become a VC, that I wasn’t really answering the question.

[Interview] Tony Saldanha, Author of ‘Why Digital Transformations Fail: The Surprising Disciplines of How to Take Off and Stay Ahead’

YoungUpstarts

When I left Procter & Gamble as VP in Global Business Services and IT after a career of 27 years, I’d been associated with setting up the first shared services operation in the Philippines in 1993 — program managing an $8 billion dollar outsourcing deal. Digital transformation isn’t a choice today: any business that wants to survive and prevail during the Fourth Industrial Revolution is going to have to accomplish it.

No More MBOs

Feld Thoughts

I’ve only worked in what could be considered a “big” company for 18 months (1993 – 1995) and that was the company (AmeriData) that bought my first company (Feld Technologies). I am so very tired of MBO-based bonuses in startups. I knew the concept of MBOs pre-dated my time in business school, but I couldn’t remember where they came from. Wikipedia reminded me – it’s another Peter Drucker creation from The Practice of Management.

The Importance of Small Business and Jobs

The Entrepreneurial Mind

Over the 15-year period from 1993 to 2008, small businesses created some 65 percent of the net new jobs in the private sector, according to conservative estimates cited in a new report from the SBA Office of Advocacy. Advocacy's analysis of the quarterly Bureau of Labor Statistics data show that over the 15 years from 1993 to mid-2008, 31 percent of net job gains (jobs created minus jobs lost) came from the opening of new establishments.

The Trouble with Titles

David Cohen

In 1993 we co-founded our first startup, Pinpoint Technologies, alongside a third co-founder, Bob Durkin who focused on sales. As of today, I’m changing my title at Techstars to be “Founder and Managing Partner” and I’m dropping the “co-CEO” title. David Brown will become “Founder and CEO” instead of “Founder and co-CEO.” We both remain on the Board of Directors at Techstars.

CTO 50

From Entrepreneur To Boss: Hiring Your First Employees

The Startup Magazine

During the recruitment process, you should be familiar with federal employment laws including The Family Medical Leave Act 1993 and the Age Discrimination In Employment Act of 1967. When setting out to launch a new business, there are many factors to be considered before launching. One key requirement? You need to be prepared and equipped with the right resources.

Cash Flow Matters: Accounts Receivable Financing Fuels New Model Of Working Capital

YoungUpstarts

The billions funded by factoring in 2013 are anticipated to grow, based on consistent average growth of 10 percent annually since 1993. by Jeff Bell, senior vice president of eCapital. Cash flow is a universal business essential, and often one of the most difficult aspects of getting a business going.

The Power of Being Human in Business Development

Feld Thoughts

I learned this in 1993 when my first company was acquired by Len Fassler and Jerry Poch, two of the absolute master deal makers I’ve ever worked with. I’ve had some really crummy experiences with business and corporate development people in the past year. There’s been a strange change in ethos, where suddenly people have forgotten that when they do deals, they are doing deals with other people, not with a company.

8 Tips For Getting Your Product Into Retail Stores

Up and Running

My experience with channels started in 1993 and has been almost entirely in stores and chains selling packaged computer software, but I’ve talked to a lot of people dealing in other kinds of channels, and their experiences seem to be quite the same as my own. If your new business is going to distribute products in the U.S.