Mon.Dec 24, 2018

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3.5 Notes From Our Most Substantial Venture Exit So Far

Hunter Walker

BuildingConnected , a leading construction tech SaaS startup, was acquired for $275m as part of Autodesk’s push into the vertical. I strongly believe the detailed story of the company’s success is the founders’ one to tell if they choose to do so, but at the risk of excessive inside baseball, I’ll share my perspectives from the cap table.

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The Elevator Pitch Example You’ve Always Needed

The Startup Magazine

The ability to cultivate professional contacts is a key competency in the world of business. Enter the elevator pitch, a tried-and-true networking tool that is crucial for any successful business leader to master. What Is an Elevator Pitch? Elevator pitches are beneficial because they allow speakers to quickly and succinctly explain to others who they are and what they offer, opening the door for future business relationships.

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Risk And Reward

Haystack

I’ve been thinking about the timeless phrase, “risk and reward.” Entrepreneurs and investors both need risk in order to reap a reward. Of course, founders and early employees often take very different risks than investors do. There are always examples to break the rules, too — successful, repeat founders who become LPs in funds and/or invest on the side (even on a side fund), or investors who branch out on their own to start their own franchises.

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Business Lessons Often Ignored In The Heat Of Passion

Startup Professionals Musings

Most aspiring entrepreneurs are convinced that their idea and passion are so great that failure is not a possibility. They relate quickly to one of the big successes out there today, including Facebook, Airbnb, or Snap, and can give you a dozen reasons that they are in the same category. It’s a good way to get some inspiration, but not an accurate representation of reality.

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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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Emotional Intelligence And Success At Work: What’s The Connection

YoungUpstarts

Emotional intelligence is one’s ability to recognize and understand their emotions and skills that they can use to manage and improve relationships with themselves and others. Emotional intelligence at the workplace, on the other hand, can be used to perform work duties but also exercise self-management, self-control, provide effective leadership and emotional support to co-workers.

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Preparing to Start a Company

This is going to be BIG.

It’s that time of year again—the season of people quitting their jobs soon to start a company. I don’t know whether it’s New Years resolutions or end of year bonuses, but I feel like there’s a bit of a peak in people wrapping up previous things looking to start something new. If you’re going that route—here are a couple of things I would suggest: Have at least six months of personal expenses in the bank —and that’s only if you know you can at least get some angel capital based around your connec

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The Brilliance of Binary Stars

Feld Thoughts

I love the concept of Binary Stars. Ian (my co-author) and I are using it in our upcoming book The Startup Community Way which should be out in the second half of 2019. Amy gave me a New Yorker article titled Binary Stars: The Friendship That Made Google Huge. It’s the story of the partnership between Jeff Dean and Sanjay Ghemawat whose pair programming approach in the early 2000s changed the course of the Google and the Internet.

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Saving Money When It Comes To Your Startup

YoungUpstarts

As a startup business owner, you’re very much in the business of making money. You aren’t going to make any such profit, however, if your expenses outweigh your incomings. For this reason, saving on all of your venture’s necessities should be one of your top goals. To perform this all-important task, you’re going to have to scrimp and save whenever you can, you’re going to have to shop around for the best deals, and you’re going to have to choose how, when, and where you work very wisely.

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Running a Home-based Business on a Modest Budget

The Startup Magazine

We don’t always have start-up funding to help us move into a commercial office right away or hire full-time staff in the first month. Sometimes it’s necessary to bootstrap your company as a home-based business while managing fewer resources. This might be because you don’t wish to burden a new business with debt before it’s even had a chance to find its first customers, or simply because you disagree with borrowing money.

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The Perfect Pitch: A Pixar Storyteller’s Secret

Up and Running

For 25 years, it’s been my job to craft heartwarming and sometimes heart-wrenching stories about rats that want to cook, fish that become better parents, and toys that learn to get along. Stories can transport us to unique (and imaginary) worlds, transforming the way we think and feel by placing us in the paws, fins, or cowboy boots of the heroes going through life-changing events.

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5 Mistakes That Will Kill Your Business

YFS Magazine

Without reason, it’s these fatal mistakes that can be most common among new entrepreneurs. Here's an inside look at how to avoid them.

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Alternative Sectors for Launching a Business

The Startup Magazine

Besides hard work, there are several other factors that influence start-up success , one of which is the state of the industry. Deciding which industry you should venture in is also determined by a number of factors, including the availability of capital and technological advancements. Some industries are favored by prevailing trends while others have proved to be profitable over time.

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Meditate On This

Babbling VC

I recently read a post about needing a "strenuous age" to start again. I highly recommend reading it if for no other reason than to see the parallels between the turn of the 20th century and now. It's scary how similar things seem and a bit worrisome what those parallels will lead to. Nevertheless, this article came at an interesting time for me. Having reflected a bit on what I've done in the past 43 years, I can attest to the fact that the next 40 plus years of my life won't be driven by medit

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Monday Motivation: WHATEVER IT TAKES – Best Motivational Video (ft Eric Thomas & Les Brown)

Hearpreneur

This motivational video is to help CEOs, entrepreneurs and business owners start the week off on the right foot. Be rentless, do whatever it takes, what’s possible for one is possible for you. . Sometimes you lose and that’s part of life. Take the first step. There’s no limitation.

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Tips for Keeping Employees Engaged and Motivated

Women Entrepreneurs Can

Among U.S. employees, only 31 percent are actively engaged at work. This means over 50 percent of employees are showing up to work, accomplishing the bare minimum and checking out at 5:00. When a workplace operates under these conditions, productivity, motivation, and morale drop. To help you avoid this lackluster culture, we’ve gathered a few tips for engaging and motivating your employees in the new year.