Mon.Aug 29, 2016

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The Pivot You Need to Read About

Both Sides of the Table

GOAT just announced it raised $5 million in venture capital led by our friends at Matrix Partners. On the surface that sounds unremarkable — fundings happen daily. But this isn’t just any funding. GOAT (“Greatest of All Time) is a sneakerhead marketplace that is en fuego, but we led the company’s last financing round in 2012 (yes, four years ago) when they were an application for letting people join group dinners.

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The National Geospatial Intelligence Agency Goes Lean

Steve Blank

We tend to associate the government with words like bureaucracy rather than lean innovation. But smart people within government agencies are working to change the culture and embrace new ways of doing things. The National Geospatial Intelligence Agency (NGA) is a great example. The NGA, an organization within the U.S. Department of Defense, delivers geospatial intelligence (satellite imagery video, and other sensor data) to policymakers, warfighters, intelligence professionals and first responde

Lean 177
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IF You Want A Truly Successful Career, Try Doing Just 5% More Than You Did Before

YoungUpstarts

By Michael Alden, author of “ 5% More: Making Small Changes to Achieve Extraordinary Results “ Why do some people seem so successful at whatever they do in their jobs or their careers? Do they have exceptional talents or knowledge? Do they know the right people or come from a privileged background? The truth is that highly successful people are not any different from you or me.

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The National Geospatial Intelligence Agency Goes Lean

Steve Blank

We tend to associate the government with words like bureaucracy rather than lean innovation. But smart people within government agencies are working to change the culture and embrace new ways of doing things. The National Geospatial Intelligence Agency (NGA) is a great example. The NGA, an organization within the U.S. Department of Defense, delivers geospatial intelligence (satellite imagery video, and other sensor data) to policymakers, warfighters, intelligence professionals and first responde

Lean 177
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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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The Right Way To Get Funding From Family And Friends

Startup Professionals Musings

Most entrepreneurs I know are so passionate about their new idea that they are surprised when family and friends don’t line up to invest in their new venture. Yet they tend to ignore this problem, and move on quickly to professional investors. They don’t realize that most Angel investors and venture capitalists will also decline to be first, if you have no commitment from friends and family.

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3 Ways To Boost Worker Productivity

YoungUpstarts

by Matej Zalar, CEO of Visionect. Today’s tech revolution has dramatically blurred the lines between work and play with its infinite well of information readily available at our smartphone-heavy fingertips and the ability to connect with people across continents in real-time. New technology has supported the shift towards collaboration by providing a seamless and effective office interaction model.

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How To Attract Venture Capital For Your Startup

YoungUpstarts

Looking for some venture capital funding to fuel the growth of your startup? The process of attracting large dollar donors can be an intimidating one for entrepreneurs that are doing it for the first time. If you find yourself in this situation, there are several things you should keep in mind before picking up the phone or sending an email to a venture capitalist… Is your value proposition interesting enough?

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A Startup Visa – The International Entrepreneurs Rule – Form I-941

Feld Thoughts

On Friday, the USCIS proposed The International Entrepreneurs Rule. While this is a proposal subject to a public comment period, I expect it will go into effect in about 45 days. We finally will have a startup visa! The best summary I’ve seen so far is from Tahmina Watson titled International Entrepreneurs Rule (Obama’s Startup Visa Alternative)- Detailed Summary by Tahmina.

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Slow And Steady Wins The Race

YoungUpstarts

So you’ve managed to achieve every young upstart’s dream: you’ve created something people truly want. Venture capitalists and investors are clamoring for your attention, your profit margin makes your competitors want to cry, and suddenly you find yourselves flush with success and cash. What do you do? You’ve probably been dreaming of buying a vast swath of trendy office space – something big enough to accommodate foosball and air hockey tables – and re-fitting your operation with up

Portland 113
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Why College Is a Great Entrepreneurial Incubator

Up and Running

Oh, college. I’ve been out just a few months and already miss it enough to eat a pint of Ben and Jerry’s while sobbing into my couch cushions. While many people indulge in the stereotype of parties and drinking, college and its resources were some of the most crucial elements to me researching and pitching my business venture—a frozen yogurt food truck.

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3 Reasons Assertiveness Is So Important for Freelancers

YoungUpstarts

The evolution of the modern economy, across the globe, has created a massive number of new opportunities for freelancers. Not only are more jobs available, freelancing positions now span across all industries allowing people to work from virtually anywhere in the world. This opportunity for people to basically own their own business, while offering their services for a number of different clients is something that offers a huge number of benefits.

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Why Founders are Wrong, Even When They're Right

This is going to be BIG.

Investors turn down deals for some pretty dumb reasons. They lack logic, consistency, and sometimes even a grasp of what their own job is. You know. taking actual risk. "We're not interested for this round, but come back to us when Sequoia is leading at a $1.5 pre-money, you have seven enterprise customers and you're cashflow positive. Oh, and make someone from your 25 person Moldova tech team your co-founder.

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[ADV] Independent Financial Advice from Accredited Consultant

YoungUpstarts

Financial decisions require ultimate attention. Make one big wrong decision and your life is in ruin! Many a times, you would find it tempting to go for a risky decision. Now, there is no general rule of thumb to say if you must take it or not. It depends on circumstances, and accurate risk evaluation. The decision may work, if you have counted on all the factors fully before taking the decision.

Dividend 100
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Unify Your Client Needs With Your Own

Mike Michalowicz

The common belief is that you must pivot your offering until you meet the needs of your customers. That is only partially correct. In fact pivoting to your client’s needs, while ignoring your own, will cause you to resent your business. Instead unify your client’s needs to your own and you will position your business for extraordinary growth and profitability.

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Why you should stop selling widgets and start selling wisdom

The Next Web

When I previously wrote about the 1,024 different types of salespeople, one of the variables I talked about was the difference between selling simple products versus selling ones that are much more complex and consultative in nature. I like to think of that as the difference between selling widgets versus selling wisdom. This post will help you understand the difference between the two, the advantages of selling wisdom, and how to effectively transition your selling efforts towards selling wisdo

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5 Financial Mistakes That Cost Your Business Money

YFS Magazine

Every entrepreneur should aim to grow revenues and increase efficiency (or cut costs), but there are common mistakes that cause entrepreneurs to lose money.

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The Product Designer Role

SVPG

The Product Designer Role. You got the go ahead to hire some in-house designers. That’s great news! Up until now you’ve been relying on an external agency for the majority of your design work and this is going to enable you to create a team that is much more responsive and predictable. Your next task is to define the product design role within your company.

Design 60
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I Spent An Afternoon With Steve Forbes — And His Money Advice Is Priceless

YFS Magazine

Walking away from my conversation with Steve Forbes, something he said really sticks with me.

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Team, Team, Team

ithacaVC

You all likely know that most VCs consider the management team to be the top measure of potential success of the venture. This post is not about that point, at least not directly. I want to instead focus on the importance of the entire team (not just management) and the importance of making sure that the team can play together. I am going to use my past weekend’s soccer experience as an analogy.

Vermont 64
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athenahealth Acquires Austin-based Patient IO

SiliconHills

athenahealth, the nation’s largest healthcare network, announced Monday its acquisition of Austin-based Filament Labs, doing business as Patient IO. The financial terms of the deal were not disclosed. Patient IO, a mobile and web-based app, is a care coordination platform used by healthcare providers to engage patients and caregivers outside the clinic.

Austin 50
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Leverage Sales

Austin Startup

This is the fifth article in a series on creating consistent growth over a decade, based on what we learned from our experiences at BP3. Continue reading on Austin Startups ».

Sales 48
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Monday Motivation – What Can You Endure? [VIDEO]

Hearpreneur

Share. This motivational video is for entrepreneurs, startups and business owners to help your week get off on the right foot. …Words are like seeds. When you speak something out, you give life to what you are saying. If you continue to say it, eventually that can become a reality. Whether you realize it or not, you are prophesying your future. …you are planting seeds when you talk.

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Quick Post on Post-Money Valuations

Rob Go

When I first started out as a VC nearly 9 years ago, most early stage company valuations were expressed as pre-money valuations. That is, the valuation of the company prior to the investment of new capital. Most term sheets talked about the valuation in these terms, and you added the dollars invested to get a post-money valuation. Founders also had to do a little math on the new option pool to really understand what their ownership would be post investment, since it was typically taken out of th

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Episode 111: Grow with ‘No’ featuring Clay Clark

Mike Michalowicz

Also Available On. Show Summary. On today’s episode, we talk about the power of saying NO with Clay Clark! Clay argues that when you say no, you are actually happier and more profitable! This episode he shares the strategies around the “F5″ technique to bring balance to life, and to define your purpose. Clay also shares some very specific things you can do to grow, by simply saying no!

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A Marketer’s Ode to Gawker

crowdSPRING Blog

After 13 years, 202,370 posts, 16 million comments , and no small amount of controversy , Gawker is dead. After losing a lawsuit against Hulk Hogan over the publication of a sex tape in which he featured, Gawker Media was bought up by Univision. Though many of the sites under their umbrella, like Jezebel and Deadspin, will live on, the always controversial Gawker.com is being shuttered.

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