December, 2020

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Technology, Innovation, and Modern War – Class 17 – Organizational Design – Safi Bahcall

Steve Blank

We just held our seventeenth session of our new national security class Technology, Innovation and Modern War. Joe Felter , Raj Shah and I designed a class to examine the new military systems, operational concepts and doctrines that will emerge from 21st century technologies – Space, Cyber, AI & Machine Learning and Autonomy. Today’s topic was Organizational Design and Modern War.

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6 Lessons Most Entrepreneurs Only Learn On The Street

Startup Professionals Musings

In my role as a mentor to aspiring entrepreneurs, I find that most have the technical challenges well understood, but many are a bit short on some basic street smarts , or basic business realities. Thus I often recommend that before you kick off your own business, you join another startup or existing business to see how things really work. Even the best college degree is not a substitute.

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Making The Most Of Your Business Capital

YoungUpstarts

Unless you’re already operating a mega-corporation, chances are you’re working with limited resources. Especially in a time where profit margins seem thinner than ever, it’s important to bolster your workflow with smarter expenses. Take a step back and assess how your business capital would be best spent. Do you need to invest in production services to create more creative rich media?

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How Remote Startups are Changing the Game for Everyone

ReadWriteStart

Based on our history, we can see that unprecedented events have the potential to cause permanent mass changes. Remember the 9/11 attack? That attack changed the face of airport security forever. Suddenly, new transit rules were enforced and sophisticated surveillance gear became commonplace. Here is how remote startups are changing the game for everyone.

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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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8 Ways Process Automation Has Transformed  Healthcare Practices

The Startup Magazine

Technology has rapidly transformed the world we live in today, and few sectors have progressed as much as the healthcare industry. Today, the global healthcare market is valued at $11.9 trillion , and its significant size can largely be credited to technology. From improving medical procedures to enhancing patient experience, there’s no doubt that technological developments will significantly impact the healthcare industry.

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23 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

Each business has a story. No matter if the business is a Goliath like Wal-Mart, or a local business owned by a couple or family, the business has roots in an idea. For each business owner, the story of their journey can range from monetary needs or the passion for a unique project. Each story is different though the reasons may be the same. No matter the tale, the background behind each and every business is what fuels each and brand.

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5 Keys to Ensuring Credibility, Trust, and Customers

Startup Professionals Musings

As a long-time business executive and adviser to entrepreneurs, I see a definitive shift away from customer trust in traditional business messages, and the executives who deliver them. Today’s digitally distracted consumer is led to trust only things that they see with their own eyes, senses, so they can render their own judgement. They want the raw data versus a polished message.

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How To Improve Your Startup’s Cybersecurity

YoungUpstarts

Cybersecurity is often the last thing on an entrepreneur’s mind when launching a business. While you might think your new venture is too small fry to attract cybercriminals, your network vulnerabilities and lack of cybersecurity knowledge could make your business an easy target. While your branding, marketing campaigns, and product quality will be at the forefront of your mind, you must not overlook the importance of network and data security.

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Book: In the Beginning…Was the Command Line

Feld Thoughts

I love Neal Stephenson. I’ve read all of his books, some of them multiple times. Well, except the Baroque Cycle trilogy, which I’m saving for a special period of time to get lost in them, and from everything. Last week I read In the Beginning…Was the Command Line. For the second time. This time I read it on my Kindle, which was fitting. Stephenson wrote it in 1999.

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What To Do If You’re a Startup CEO & You Don’t Know How To Sell

Hunter Walker

You’ve heard the expression “All sizzle, no steak?” Or the Texan equivalent of “All hat, no cattle?” [sidenote: it’s weird that cows feature prominently in both of these]. Basically these sayings are referring to people who talk a big game but then can’t back it up with action. Sparkly but no quality behind it. While it’s readily agreed among investors that these types of leaders eventually get seen for what they are over the long haul (although distressingly they usually get funded initially),

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24 Entrepreneurs Reveal The Pivot They’re Making in Their Business in 2021

Hearpreneur

Every new year brings with it a new form of excitement and anticipation. The reason is that every new year brings about a “newness” for lack of a better term when we are able to start fresh and change those things that we did bad or things we have been thinking about doing. For us at CEO Blog Nation, we get it. So that’s why we are excited about 2021 because there will be more and more entrepreneurs and businesses.

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Entrepreneurs and the Wikipedia Road Map

The Startup Magazine

Every organization built for growth and market influence should include Wikipedia in its strategic plan. The value of inclusion in the world’s most-read knowledge base is significant. By: Dan Cook , Journalist, Wikipedia Expert, To The Point Collaborative. Wikipedia ‘s purpose is to benefit readers by acting as a free encyclopedia; a comprehensive written compendium that contains information on all branches of knowledge.

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8 Work Relationships That Regulate Your Future Impact

Startup Professionals Musings

Most entrepreneurs, and members of any small team, naively assume that the key to their success is hard work, dedication, and long hours in the business. In reality, their effectiveness is usually more related to how well they develop their work relationships with peers and business leaders. First they need to decipher correctly every relationship as a workship, friendship, or foe.

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Rustam Gilfanov: “The Business Plan Of A Startup Is A Test Of The Idea’s Survival Potential”

YoungUpstarts

To have a breakthrough idea is not enough to launch a startup. The idea should be supported by a business plan. Together with IT businessman and investor Rustam Gilfanov, we try to figure out what one needs to take into account when designing a business plan for a startup. “There is a difference between a business and a startup. A startup is the launch of a fundamentally new solution, a market innovation.

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The Should-How Fallacy (Or Why “Correct” Isn’t “Useful”)

ConversionXL

Get a chicken. Cook it until it’s perfectly done. Reduce the jus to a nice pan sauce. Then finish it with some butter until it has the right balance of flavors. Enjoy. This is a useless recipe, but it’s not wrong. It assumes, however, that accurate advice on what you should do is as valuable as advice on how to do it—the “Should-How Fallacy.” But being right doesn’t create value; empowering others to succeed does.

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How to Successfully Approach Trade-Offs as an Entrepreneur in 2021

Up and Running

You can’t always get what you want in life — but often you get what you need. It’s easy to listen to that lyric and gloss over the advice within, yet successful entrepreneurs get it. Things may not work out exactly as planned, but to turn a short burst of relevance into a long, healthy business life, sometimes trade-offs are necessary. Thankfully, the pandemic hasn’t scared away resilient folks who want to start businesses.

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20 Entrepreneurs Share Their #1 Goal for 2021

Hearpreneur

Every new year and right after the ball drops, it’s time to go to work. Often entrepreneurs and business owners create their New Year’s Resolutions around their business. It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. We asked entrepreneurs to share their biggest goals and what they were looking forward to in 2021. #1- Collaborate and provide more employment.

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5 Smart Ways to Reduce Outstanding Accounts Receivables

The Startup Magazine

Getting companies to pay invoices can be hard sometimes, especially if they’re a large multi-faceted client with multiple departments and teams of people to work through when you’re trying to square off your outstanding accounts receivables. This is a tricky scenario that requires careful steps to resolve. While you are deserving of the money you are owed, you need to be careful about fostering your relationships with clients so you don’t cause problems down the road.

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7 Thinking Strategies To Make You A Business Winner

Startup Professionals Musings

No matter what people may proclaim, everyone in business is looking to achieve the highest possible level of satisfaction and financial success in their career. For best results, my advice is to think like an entrepreneur, even if you are a corporate employee. According to many studies, entrepreneurs tend to be happier , and over 80 percent of self-made millionaires are entrepreneurs.

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How The Economic ‘Reset’ Can Work In Your Favor

YoungUpstarts

by Rod Robertson, Managing Partner of Briggs Capital and author of “ Winning at Entrepreneurship: Insiders’ Tips on Buying, Building, and Selling Your Own Business “ While news of vaccines on the horizon signal hope, some analysts think a sizable chunk of the U.S. economy has been damaged permanently by COVID-19, with more layoffs and business closures still to come in 2021.

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A/B testing alternatives for low-traffic websites

ConversionXL

In a world where A/B tests are done by over 70% of online businesses , choosing not to follow a data-driven methodology to make informed decisions on website changes might seem unreasonable. But what if your website doesn’t have enough traffic? Or if your management refuses to justify the costs of A/B testing? At Map My Growth , we often face this scenario.

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7 Small Business Trends that Arrived Just in Time for 2021

Duct Tape Marketing

7 Small Business Trends that Arrived Just in Time for 2021 written by John Jantsch read more at Duct Tape Marketing. This blog post is brought to you by GoDaddy Pro. Every year for the last 20 or so, I’ve wrapped up the year with my predictions for trends in the coming year. I’m usually spot on too. But that’s really more of a testament to the fact that trends tend to creep up on us rather than overwhelm us.

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9 Entrepreneurs Reveal The Business They are Starting Next Year

Hearpreneur

As we wrap up 2020, there are those business ideas you’ve been longing to start and 2020 is the year to implement them. This could be a home-based business, franchise option or whatever option looks attractive to you. One thing is certain, your business can succeed if you can put in the right energy and bring in the right people to kick-start it. We asked entrepreneurs and business owners the businesses they’re starting in 2020 and here are the responses. #1- A new app idea.

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How to Encourage More Collaboration in Your Remote Startup

The Startup Magazine

Collaboration is vital for the success of a startup. Through collaboration, teams will come up with more original, creative, and fleshed-out ideas than if they were working individually. Teams can rebalance workloads to make sure no team member is overworked or underutilized. They can also build camaraderie and morale, which may lead to greater productivity all around.

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How to Communicate With Customers Using the Storybrand Framework

Up and Running

Did you know that an estimated 90% of new startups fail and that 34% of them close within their first year? There are plenty of reasons why this happens, from poor cash flow to a lack of organization. But one of the less obvious and more costly reasons is utilizing marketing that doesn’t connect with your customers. You can have a great product or service, an obvious opportunity and still be wasting money on customers that simply don’t appear.

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3 Reasons The Remote Work Trend Is Here To Stay

YoungUpstarts

by Hema Crockett and Jamie Jacobs, co-founders of Gig Talent . With the continuous advances in technology, it’s easier than ever for businesses to get work done remotely. Since so many organizations have spent time working in a remote environment due to Covid-19, we’ve quickly learned what works for this unique situation and which areas need improvement.

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Completing your first capital raise: ten lessons for startups

NZ Entrepreneur

Kiwi inventory forecasting software StockTrim achieved international sales in the UK, Australia and US immediately after launching in 2017. It’s been growth ever since, and in 2020 the company pitched for funding to scale up. StockTrim came out successful – oversubscribed, in fact. The fund raise required three in-person pitches, seven Zoom pitches and 30 Zoom calls before closing successfully in August.

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Feeling the Stress of Running a Small Business? Take Advantage of Technology

Women Entrepreneurs Can

When you’re running a small business, it can often feel like all of the hats you have to wear just might cause your head to explode. From the simplicity of answering questions about where you’re located to the complexity of filing taxes, everything is on your own shoulders. That’s why it’s important to use technology to lighten your burden whenever possible.

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5 Trends That Impact Consultants and Coaches in 2021

Duct Tape Marketing

5 Trends That Impact Consultants and Coaches in 2021 written by John Jantsch read more at Duct Tape Marketing. In addition to working with thousands of small business owners each year, I also work very closely with coaches, consultants, and small marketing agency owners. These folks are, of course, small business owners in their own right. Still, this work gives me particular insight into the challenges, workings, and characteristics of this specific niche of business owners.

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Why 70% of Small Businesses Could Be Blindsided By Google’s Next Update

The Startup Magazine

Did you know that only about 30% of small business websites are currently mobile-friendly? That means that about 70% of the small business owners out there need to do something about that right away. Mobile-friendliness has always been an important part of SEO. This is why Google switched to mobile-first indexing a few years ago. That’s when most small business owners should have ensured that their mobile site performance was good.

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How to Build a Successful Subscription Business Model

Up and Running

Gartner predicted that “By 2020, all new entrants and 80% of historical vendors will offer subscription-based business models.” And it’s an undeniable fact that most online services come with some sort of subscription package. Everything from software, to digital goods, eCommerce packages, and even newsletter based subscription boxes.

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9 Creative Meeting Ideas For Remote Teams

YoungUpstarts

by Lisa Tener , award-winning book-writing and publishing coach, published author. Remote meetings were a brilliant solution to social distancing. Meet virtually, stay connected, run things by each other. It worked. And then suddenly, it didn’t work so well. The enthusiasm in connecting and getting things done soon gave way to fatigue — tired eyes, difficulty focusing and other challenges from staring at an electronic screen.

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How to Hold Engaging Board Orientations While Working Remotely

Board Effect

The pandemic caught the entire world by surprise. During the first few months of the crisis, boards scrambled to make decisions about whether they should continue meeting in person, set up virtual meetings, or delay board meetings temporarily. As the months went on, and the virus continued to spread, it soon became clear that there was no way to know when it would be safe to meet in person again.

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Breyer Capital Austin?—?End of Year Update

Austin Startup

Breyer Capital Austin?—?End of Year Update After officially announcing Breyer Capital Austin earlier this year after two years of active planning and due diligence, I received a humbling number of gracious emails and messages from Austin-based leaders, entrepreneurs, executives, and investors. Old and new friends have reached out to welcome us to their community and share ideas about how we could play an impactful role in this remarkable city and state.

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2021 Trends for Small Business

Duct Tape Marketing

2021 Trends for Small Business written by Jenna Jantsch read more at Duct Tape Marketing. Marketing Podcast with John Jantsch . In this episode of the Duct Tape Marketing Podcast , I do my annual wrap up of 2020 in a way that predicts what is coming next year! I’ve been doing this post for the last 20 years and I’m usually spot on. That’s not a nod to my prediction ability but more to the fact that trends usually creep up on us and grow.

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How to Make Your Business Grow Huge in 2021

The Startup Magazine

The year 2021 is set to be a very prosperous year. Having braced ourselves for the countless setbacks caused by the novel Coronavirus outbreak, we are ready to make big waves in this coming year. The 2021 business spirit is adaptive. It is driven, spirited, and does not take no for an answer. There is nothing but success to be had in the year 2021 for business.