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[Interview] Michael C. Fillios, Author Of “Tech Debt 2.0™: How To Future Proof Your Small Business And Improve Your Tech Bottom Line”  

YoungUpstarts

Along with lack of oversight, outdated software or hardware, inadequate cybersecurity, or one bad tech investment could seal the demise of a small enterprise. That definition is nearly 30 years old, and hadn’t evolved with the pace of technology changes, from mainframe computers to the Internet to the cloud, and much more.

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5 Types Of Business Strategies To Consider Before Opening Up Shop

YoungUpstarts

From different software systems to overall philosophies, there are many ways that business strategies can inform the way you run your company. Use OKR software to Your Advantage. Consider a Production-Ready SOM. Other advantages of production-ready SOMs include more CPU choices and a smaller footprint.

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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

An alternate outcome that I also unfortunately observe in some cases are companies who had extreme early success with an initial product adoption but failed in key areas that limited the growth and therefore the ultimate financial outcomes. How profitable is my product or service? As an early-stage VC I love this phase.

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28 Entrepreneurs Explain The Future Trends They See in Their Industry

Hearpreneur

The trends shifting in the eLearning sector due to the influence of COVID 19 on schools and colleges across the United States and the world are shifting to a hybridized-online and in-person format. I foresee a shift in the way products are marketed. #2- Hybridized-online and in-person format. Photo Credit: Kurt Bodenstedt. 8- Podcasts.

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How to Write a Mission Statement in 5 Easy Steps

Up and Running

You don’t have to actually write the story —it’s definitely not included in the mission statement—but do think it through: Imagine a real person making the actual decision to buy what you sell. Discuss, digest, cut, polish, review, revise. Start with a market-defining story. My recommendation here is not the norm.

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10 Reflections After 10 Years of NextView

View from Seed

You’ll never have the staying power to commit when things get tough or to get really good and build real differentiation if you just keep jumping to the next new thing. at exit due to dilution. Looking back, our biggest mistakes and omissions as a firm can often be traced to improper market definition.

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Are Business Plans Still Necessary?

Both Sides of the Table

People mistook extra doses of Ajax for a successful product. The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market. I have seen really great product people espouse the death of the business plan. Do so at your peril.