Tue.Mar 21, 2017

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4 Steps To Creating A Vision For Your Business

YoungUpstarts

by Rich Allen, author of “ The Ultimate Business Tune Up: A Simple Yet Powerful Business Model That Will Transform the Lives of Small Business Owners “ Running a business takes more than a day-by-day approach. You need a clear idea of where you want your business to be ten years from now — your own North Star that not only inspires you, it inspires your team as well.

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4 Mindset Shifts You’ll Need To Change The Game

YFS Magazine

When it comes to rising to the top, talent, skills and passion are just part of the game plan. The rest is all about your mindset.

Restful 126
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3 Ways Startups Can Generate Good PR For Their Business

YoungUpstarts

When your company is just starting out, you’re often so busy trying to meet with investors and finalize a working prototype on budget and within schedule that there is no time or money to generate PR. There certainly isn’t time or money left over for a major marketing campaign to generate good PR for the business. Here are three ways startups can generate good PR for their business at a low cost or even for free: Give Reporters Tips on What You Do That Is Newsworthy.

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Why large companies acquire small companies

A Smart Bear: Startups and Marketing for Geeks

Large companies don’t acquire small companies for their financials. Revenue multiples, profit multiples, premium over the previous financing — these are metrics used by sellers to help determine a minimum acceptable price. That’s the price that “pays for” enough foreseeable upside that it’s not worth rolling the dice against future troubles or the unlikelihood of an exit.

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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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Factors That Affect Debt Consolidation

YoungUpstarts

by Stephen Sheinbaum, founder of Bizfi. When it comes to small businesses, debt is not uncommon. Nor is it uncommon for a small business to have only one debt. If you are spending more time managing your debt than your business, it may be time to consider consolidating that debt. Debt consolidation can help businesses regain control of their finances.

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Through the Looking Glass

Feld Thoughts

He took his vorpal sword in hand: Long time the manxome foe he sought — So rested he by the Tumtum tree, And stood awhile in thought. – from Lewis Carroll, Jabberwocky. Jabberwocky and the vorpal sword always makes me think of Princess Leia saying “Help me Obi-Wan Kenobi you’re my only hope.”. One, two! One, two! And through and through.

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Enough with the unicorn bashing

The Equity Kicker

It’s fashionable in certain quarters now to slate some of the billion dollar startups that have been created recently and the investors that helped them get there. Zebras Fix What Unicorns Break is a good example. The piece makes three criticisms of the status quo: Pursuit of extreme growth results in companies with unpleasant characteristics and a negative impact on society – e.g.

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Thoughts from Mulesoft and AppDynamics IPO Filings

BeyondVC

I finally had a chance to take a quick read of the respective S1 filings for AppDynamics and Mulesoft. While the growth for each company is quite amazing, two thoughts jumped out at me. As we move to a cloud-only world with instant-on capabilities and low friction in onboarding customers, why does professional services revenue keep increasing year over year for these enterprise cloud businesses.

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How I Pivoted My Startup 3 Times to Find Success

Up and Running

“A pivot is a change in strategy without a change in vision,” says Eric Ries , author of The Lean Startup. Starting in 2011 and over the course of four years, my startup pivoted from an online community tool, to a live sales and support tool, to an outreach platform for businesses, to finally finding its identity in a campaigning and advocacy tool. Although the product has changed and evolved over these years, the underlying vision—to enable better real-time communications—has remained unchanged

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Bootstrapped, profitable, and proud: Our journey to $1,000,000+ ARR

The Next Web

If you’re a long-time reader of Basecamp‘s Signal vs Noise, chances are you have probably read one of their Bootstrapped, Profitable and Proud (BPP) articles. Those articles tell the stories of startups that have made $1,000,000+ in annual recurring revenue (ARR) without taking any VC investments. Inspired by those stories, we made it one of our personal goals to be featured there some day as well.

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Achieving Success By Starting Your Own Business: Plan, Research, And Get Started

Transformify

Almost everybody faces a career setback at some point in their life, and this kind of obstacle can leave one rattled. Some people take a step back when facing a disruption in their career plan and decide to go in a different direction, perhaps starting their own business rather than continuing to answer to someone else. Starting your own business is not necessarily an easy path to pursue, but it can be incredibly rewarding.

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More Words of Wisdom from Sam Altman

Scott Edward Walker

To Our Clients & Friends: Welcome to our series “ Helping Entrepreneurs Succeed.” Each week, we post our favorite video clip of a successful entrepreneur, investor or business leader on a variety of topics. This week, we again present Sam Altman , the President of Y Combinator and the former co-founder and CEO of Loopt. In this solid interview by his brother, Sam shares some words of wisdom for entrepreneurs, including the following: “I think most [founders] give-up… way too early.

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The Data-Driven Marketer’s Guide to Influencer Marketing

ConversionXL

Influencer marketing is the talk of the town right now. Everyone from the scrappiest startups to the biggest household name brands are investing in it. But if you want to get into it, how do you do it right? And to take a step back, what is influencer marketing in the first place? What Is Influencer Marketing? At its core, influencer marketing is the development and delivery of promotional messages through influencers instead of the brand itself.

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How Much Data Do You Need to Be Data-Driven? [Rant]

ConversionXL

Do you need to be a big company and need large volumes of traffic to be data driven? No. Even a single visitor is a piece of data that you can act on. A single survey response is better than nothing. Sure, if you have less than 100 visitors / month to your site or just 10 survey responses, it can be difficult to separate outliers from the trend. But it’s still way better than no data.

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