May, 2022

article thumbnail

7 Ethical Fictions Lead Many New Entrepreneurs Astray

Startup Professionals Musings

New entrepreneurs tend to focus only on getting the product right, and assume that the right culture and ethics will come later simply by hiring good people. In fact, they need an early focus on developing their moral compass, as well as setting the right ethical tone. Building an ethical business is more than just compliance and meeting legal requirements, and it has big paybacks.

article thumbnail

The True Potential Of No-Code

YoungUpstarts

No-code tools are platforms that allow users to build applications and workflow solutions without having to write code. Brett Li looks at their potential. The post The True Potential Of No-Code appeared first on Young Upstarts.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Where Does Your Software Company Go From Here?

ReadWriteStart

The creation of a hit software is an impressive feat — especially because 21.5% of startups across industries fail within their first year of business, while 30% don’t make it past their second. Creating a well-designed product that’s a hit with users takes a lot of hard work, not to mention a little strategy and luck. But perhaps even more difficult than getting that initial hit is figuring out what to do next.

Software 171
article thumbnail

A step-by-step guide to HR outsourcing

The Startup Magazine

The human resources department is critical to your company’s performance, and there are two ways to manage the HR function in your firm. You can either recruit in-house HR personnel or outsource the job to a third party. Source: Pexels. While most business owners prefer the former, human resource outsourcing can provide a competitive advantage in specific circumstances.

article thumbnail

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

article thumbnail

Why Call Tracking Metrics Matter To Your Marketing Efforts

Duct Tape Marketing

Why Call Tracking Metrics Matter To Your Marketing Efforts written by John Jantsch read more at Duct Tape Marketing. Marketing Podcast with Todd and Laure Fisher. In this episode of the Duct Tape Marketing Podcast , I interview Todd and Laure Fisher. Husband and wife co-founders, Todd and Laure Fisher founded CallTrackingMetrics in 2011 in their basement and together have grown it into an Inc. 500-rated, top-ranked conversation analytics software serving over 30,000 businesses around the world.

Metrics 85
article thumbnail

Tips for Recruiting During the Great Resignation

Board Effect

The employee turnover rate has skyrocketed as workers reevaluate their employers and career choices. With millions looking for jobs, the job climate is ripe for nonprofits to hire top talent. . Does your nonprofit board know why workers left their jobs or what they’re looking for in a new position? The answer to these questions could be the key to latching onto talent that’s a great fit for your nonprofit.

More Trending

article thumbnail

How To Launch Your First Startup

YoungUpstarts

Owning and running a startup can also be one of the most difficult responsibilities to manage if you don’t know what you’re doing. The post How To Launch Your First Startup appeared first on Young Upstarts.

Startup 343
article thumbnail

Sapphire Preview: Next-Gen SAP

deal architect

It’s been a wild decade so far - COVID, accelerated climate change focus, now a Russian-triggered energy crisis. Throw in supply chain issues, mass resignations, diversity and other crises, and Churchill’s famous quote “never let a good crisis go to.

Software 305
article thumbnail

How To Boost Workplace Morale In Hybrid Teams

The Startup Magazine

As a manager or an employer, low morale is one thing to avoid in your team. When your workplace morale is low, and the team seems to have lost its focus, it’s essential to take immediate action to revive the team’s morale back to normal. Failure to understand their mood contributions may lead to employee retention, motivation, productivity, work performance, communication, collaboration, and team member engagement at risk.

Retention 144
article thumbnail

Understanding The Role Of The Chief Behind The Chief

Duct Tape Marketing

Understanding The Role Of The Chief Behind The Chief written by John Jantsch read more at Duct Tape Marketing. Marketing Podcast with Cameron Herold. In this episode of the Duct Tape Marketing Podcast , I interview Cameron Herold. Cameron is t he founder of the COO Alliance, the World’s Leading Network for Seconds in Command. He’s the host of the Second in Command: The Chief Behind the Chief podcast, where he interviews COOs and other seconds to share their insights with his listeners.

CTO 79
article thumbnail

Make the Market Work for You: Pick an Industry, Not a Job

Reid Hoffman

Make Market Realities Work for You. No matter how much heart and hard work you throw into something, no matter how good your intentions, no matter how strong your convictions—if real customers don’t want what you’re offering, you’ll go out of business. In the immortal words of Alec Baldwin’s character in Glengarry Glen Ross, “Third prize is you’re fired.

article thumbnail

6 Due Diligence Goals When Vetting Business Partners

Startup Professionals Musings

Business partners can be co-founders in a startup, multiple owners of an existing business, or a joint venture. In every case, a partner can be an asset, bringing new skills and perspectives to the business; or a burden, making every decision more difficult, and taxing your lifestyle satisfaction. You need to do the due diligence to make that decision before you sign away your equity.

article thumbnail

Today’s Cryptocurrency Prices By Market Cap

YoungUpstarts

Even though cryptocurrencies remain highly volatile compared to fiat money, they remain popular. Here's a list of cryptocurrencies to look at. The post Today’s Cryptocurrency Prices By Market Cap appeared first on Young Upstarts.

Marketing 292
article thumbnail

Take Five – How will the downturn continue to play out on startups and venture capital

VC Cafe

“It’s a recession when your neighbor loses his job; it’s a depression when you lose your own.” Harry S. Truman. Building on my post on ‘ Advice for startups in a downturn (May 2022 edition) ‘, this week I continued to follow with interest the impact of the current correction on startups and venture capital, particularly in early stage. 1.

article thumbnail

Next Stage of Business Growth – What Are the Key Considerations?

The Startup Magazine

Our goal for this blog post is to help you scale your startup business. We believe you can learn to scale your business with enough time and effort. However, it is also important to know what scaling a startup business means and why it is a good thing! [link]. First of all, what is scaling? Scaling is the process of growing your company from an initial start-up state into a fully-fledged enterprise.

article thumbnail

Transforming Marketing With Artificial Intelligence

Duct Tape Marketing

Transforming Marketing With Artificial Intelligence written by John Jantsch read more at Duct Tape Marketing. Marketing Podcast with Paul Roetzer. In this episode of the Duct Tape Marketing Podcast , I interview Paul Roetzer. Paul is the founder and CEO of Marketing AI Institute, and the founder of PR 20/20, HubSpot’s first partner agency. He is the author of The Marketing Performance Blueprint (Wiley, 2014) and The Marketing Agency Blueprint (Wiley, 2012); and the creator of the Marketing AI Co

article thumbnail

Should You Take Money from Investors Who Don't Share Your Values?

This is going to be BIG.

For most founders, fundraising is a struggle. Only a small minority of people are born into the kinds of connections and life paths to provide them instant access to capital. The rest have to work super hard to create access for themselves, build trust and win investors over. That may come with the headwinds of bias working against you—conscious or otherwise.

Cap Table 163
article thumbnail

7 Key Practices for Entrepreneurs Tackling Leadership

Startup Professionals Musings

Most of the entrepreneurs and business owners I work with recognize that they must occupy and practice a primary leadership position , but many will admit that they are not thriving in this role. They are not having the impact they expected, and they are not feeling the personal satisfaction they need for next level motivation. This is a tough challenge for every coach and mentor.

article thumbnail

5 Practical Local SEO Tips Your Business Should Implement

YoungUpstarts

Local SEO can help your business to have more presence in search engines for relevant local queries, insists Dan Brunell. The post 5 Practical Local SEO Tips Your Business Should Implement appeared first on Young Upstarts.

SEO 290
article thumbnail

8 Steps to Write a Useful Internal Business Plan

Up and Running

One of the best uses for a business plan is as an internal management tool to help you run your business. Now, this doesn’t mean that you need to write a full business plan that you’d traditionally use to pursue funding or pitch to investors. . Instead, you can stick with a simple internal business plan model that keeps your document lean and easy to communicate.

article thumbnail

How to split startup equity between startup founders when starting a new business

The Startup Magazine

Equity distribution among co-founders may be a complex procedure while starting any business. How you split founder startup equity can be even harder for a tech startup due to different roles and contributions from the founders. Take the time to iron out the specifics so that you can prevent misunderstandings, compensate employees properly, and run your company in a manner that is pleasant for your staff. .

Equity 142
article thumbnail

Why Great Leadership Starts With Open Hearted Conversations

Duct Tape Marketing

Why Great Leadership Starts With Open Hearted Conversations written by John Jantsch read more at Duct Tape Marketing. Marketing Podcast with Edward Sullivan. In this episode of the Duct Tape Marketing Podcast , I interview Edward Sullivan. Edward has been coaching and advising start-up founders, Fortune 10 executives, and heads of state for over 15 years.

article thumbnail

How to Keep Employees Snacking Healthily in the Hybrid Workplace

ReadWriteStart

As droves of workers settle into the new normal of hybrid work — partly remote, partly in-person — more companies are looking for solutions to keep employees’ snack cravings at bay, whether at home or in the office. Why do office snacks matter? . Studies show that not only do free snacks at work boost employee morale and productivity , they also have a low impact on bottom-line expenses compared to health insurance or 401(k) matches.

article thumbnail

10 Steps To Second Stage Success For Your New Venture

Startup Professionals Musings

Early-stage entrepreneurs rightly keep their focus on creating an innovative product or service. After celebrating success at that level, they often find themselves ill-prepared to move to the next stage, for scaling their business into a high-performing enterprise. That’s where I see too much entrepreneur burnout, growth plateaus, and founders being replaced, to their chagrin.

Mezzanine 368
article thumbnail

Why Is A Holistic Digital Marketing Strategy Important?

YoungUpstarts

These days an effective and practical digital media marketing strategy is essential to provide your company with a competitive edge. The post Why Is A Holistic Digital Marketing Strategy Important? appeared first on Young Upstarts.

Marketing 278
article thumbnail

9 Reasons Why You Need a Business Plan and Why It’s Worth It

Up and Running

There’s no question that starting and running a business is hard work. But it’s also incredibly rewarding. One of the most important things you can do to increase your chances of success is to have a business plan. A foundational document that is essential for any company, no matter the size or age. From attracting potential investors to keeping your business on track—a business plan helps you to achieve important milestones and grow in the right direction.

article thumbnail

Lesser Known Tips For Immediate Results on Magento eCommerce Websites

The Startup Magazine

Be it search engines or the users, both love fast websites which is also true for eCommerce websites. For that reason, many businesses hire the Best Magento SEO Services – Impressive Australia to make their websites faster and enhance their ranking. By working on your Magento eCommerce performance, you can effectively proliferate your SEO results.

eCommerce 136
article thumbnail

The Role Operations Plays In Marketing

Duct Tape Marketing

The Role Operations Plays In Marketing written by John Jantsch read more at Duct Tape Marketing. Marketing Podcast with Sara Nay. In this episode of the Duct Tape Marketing Podcast , I interview Sara Nay. Sara is the COO at Duct Tape Marketing, Co-Founder at Spark Lab Consulting, and host of the Agency Spark Podcast. Key Takeaway: Marketing systems and operations systems are two halves to a whole company – bringing the two together can give you the full picture and ultimately, effective control

article thumbnail

Is your startup suffering from a dysfunctional team? then this book is for you

VC Cafe

“If you could get all the people in an organisation rowing in the same direction, you could dominate any industry, in any market, against any competitor in any time” Patrick Lencioni. The Five Dysfunctions of a team. The top reason startups fail is lack of market need. Running out of cash is the second one. But if you dig deeper, one of the reasons startups run out of cash or don’t find product market fit is ineffective teams.

Startup 148
article thumbnail

6 Success Mistakes Often Made By Serial Entrepreneurs

Startup Professionals Musings

As you know, growing a business is hard, especially the first time. Unfortunately, every new initiative is different, so don’t get too smug if you have had some success, and can’t wait to repeat it again. In my years as a business advisor, I have seen many of you crash and burn the second time around, despite the confidence. I advise working the next one as thoroughly as the first one.

article thumbnail

Why The Resale Market Has Become Fashion’s Biggest Trend That’s Here To Stay

YoungUpstarts

The new generation has flocked to secondhand as conscious consumers are growing increasingly concerned about the harmful environmental effects of fast fashion. The post Why The Resale Market Has Become Fashion’s Biggest Trend That’s Here To Stay appeared first on Young Upstarts.

Marketing 277
article thumbnail

What’s To Stop Twitter’s New Owner From Publishing The Company’s Historical Internal Emails?

Hunter Walker

Selective Leaks of Previous Discussions & Policy Debates In The Name of ‘Transparency’ Would Put Twitter Employees At Risk. Typing “I know this makes me sound like a crazy person but.” as a blog post opener is usually a good reason to close my browser window and take a walk. But hey, it’s 2022, let’s soldier onward…. Since it was announced that Twitter’s Board of Directors and Elon Musk had reached an agreement to pursue a sale of the company there’s been a lot of speculation about how the s

Email 138
article thumbnail

Progress of Bitcoin in North Carolina

The Startup Magazine

In recent years, North Carolina has become increasingly friendly toward Bitcoin and cryptocurrency. This is evident in the state’s tax policy, which allows Bitcoin and other cryptocurrencies to be treated as property, and not as currency. This makes it possible for crypto-related businesses to operate in the state without having to pay expensive taxes on their transactions.

article thumbnail

Transformation Defined

SVPG

By Jon Moore and Marty Cagan There are so many anti-patterns when it comes to transformation. Many of us have witnessed failed transformations, but few have witnessed true successes. Which makes the lessons learned from successful transformations unusually valuable. We intend to write much more about both the anti-patterns, and the lessons from the successes.

article thumbnail

30 Entrepreneurs Reveal How They Break Through The Noise With Their Business

Hearpreneur

How do you gain the attention of your preferred audience in an era of stiff competition? The truth is, that both new and existing businesses struggle to create a sustained buzz around their business. But it’s not always difficult as it sounds, it starts with thinking like the consumer, creating an experience for them, and ensuring your products align with their values.

article thumbnail

5 Ways To Expand Your Thinking For Your Next Startup

Startup Professionals Musings

With all the upheaval and uncertainty these days, I find many entrepreneurs and business owners are reluctant to pursue new dreams , waiting for the world to stabilize and risks to go away. As a long-time business advisor, I see things just the opposite. Now is a time of great opportunity, with people knowing they have to adapt, and proven successes such as Elon Musk and Jeff Bezos.

Startup 356