August, 2014

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Here is How to Make Sense of Conflicting Startup Advice

Both Sides of the Table

'Everybody has a blog these days and there is much advice to be had. Many startups now go through accelerators and have mentors passing through each day with advice – usually it’s conflicting. WTF? There are bootcamps, startup classes, video interviews – the sources are now endless. What is a founder to do? There are some smart if not somewhat cerebral bloggers I read who say that you shouldn’t take any startup advice at all because it’s too generalized to be useful

Framework 407
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Are You Properly Managing Your Core Competency?

Startup Professionals Musings

'If you have a software development background like mine, Im sure you often get questions about when to outsource, versus building the solution in-house. The same applies to manufacturing and almost any process these days. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe.

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Gamification For Better Project Management

YoungUpstarts

'by Monica Wells, BizDB . It’s safe to say that enterprise gamification is one of those increasingly popular trends for management that are simply bound to explode in the next few years. Great project management is all about fostering worker engagement and motivation – and what better way to this than through specifically designed games? Gamification of everyday activities can also pave the way to building a creative and passionate team.

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In its emptiness, there is the function of a startup

A Smart Bear: Startups and Marketing for Geeks

'This article was originally published on the WP Engine Blog. Calm your freneticTL;DR twitchy-Twitter-brain for five minutes, and let some Chinese philosophy wash over you. Thirty spokes join in one hub In its emptiness, there is the function of a vehicle Mix clay to create a container In its emptiness, there is the function of a container Cut open doors and windows to create a room In its emptiness, there is the function of a room Therefore, that which exists is used to create benefit That wh

Laos 279
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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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Last Chance for Summer Sale Prices

Startup Lessons Learned

'Post by Sarah Milstein & Eric Ries, co-hosts for The Lean Startup Conference At this year’s Lean Startup Conference , we seek to answer the difficult questions you face as an entrepreneur. To give you a sense of how we’ll do that, we’re introducing you to three of our speakers—all of whom are appearing for the first time at The Lean Startup Conference, and all of whom have advice you can put to work today.

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What’s the Difference Between a Small Business Venture and a Startup?

Up and Running

'In comparison to traditional business ventures, startups are expected to grow rapidly, at a rate of between 5% and 7% per week in their initial stage – Paul Graham, co-founder of Y Combinator. When I hear the word ‘startup’, my mind immediately begins playing a reel of a bunch of twenty-something year old web developers, huddled together in a retro office somewhere in the SF Bay Area.

More Trending

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How Much Founder Stock Should You Offer Co-Founders?

Startup Professionals Musings

'Two heads are better than one, so the first task in many startups is finding a co-founder or two. You need to find the skills or experience you don’t have in business, technology or money. The first question I usually get is what percent of the company or equity is that person worth? Giving a co-founder a salary won’t get you the “fire in the belly” you want.

Cofounder 261
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Tax Tips For Your New Business

YoungUpstarts

'by Todd Unger. Starting a business involves establishing new processes and systems that will ensure a strong foundation from which to grow. Here are a few simple tax tips all new businesses should put into place, before they officially hit the ground running: Establish the appropriate structure for your business. Because there can be different tax implications associated with different business structures, its important that you have the appropriate legal entity established before you offici

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Biz Dev Tips for Startups – The ‘First Meeting’

VC Cafe

'Most times when I finish a meeting, I think to myself “that was such a great meeting. I’m so excited for what happens next” If your meetings aren’t ending like this, then you’ve just wasted everyone’s time. Here are a few lessons I learnt from having hundreds of business meetings in Australia, Chile, and the USA.

Chile 165
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How Technical Advisors can Help Non-Technical Founders

This is going to be BIG.

'No one wants to be *that* founder--the non-technical founder poking around developer meetups asking for a unicorn with a Github account. It''s not that there aren''t great technical people willing to take a lot of risk to join a small team--it''s just that there are *so many* people out there looking for them that it''s hard to figure out who to take seriously.

Founder 120
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6 Accounting Mistakes That Put Small Businesses at Risk

Up and Running

'If you don’t handle your business accounts correctly, you might be headed for trouble. Accounting is a significant part of any business endeavor and is not as easy as adding and subtracting. Small businesses often think of handling their own accounting to save money—but this may not be the best idea. Accounting errors can cost a company to a great extent.

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Tale of Two Valleys: LA and the Bay Area from an Investor’s Perspective

Mucker Lab

'Almost 30 years ago, my father decided to uproot the entire family from Taiwan to the United States so that his academically “inconsistent” son could have an education tolerant and perhaps even encouraging of his idiosyncrasies. As an entrepreneur himself, founding and operating printed circuit board factories in Taiwan, my father was debating between two places to immigrate to and build his next new venture: Los Angeles (“The Valley” aka San Fernando Valley) and Santa

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10 Calculated Risks That Lead To Startup Success

Startup Professionals Musings

'There is an old saying that good lawyers run away from risk, while good businessmen run towards risk. Entrepreneurs see “no risk” as meaning “no reward.” In reality, all risks are not the same. Many risks can be managed or calculated to improve growth or provide a competitive edge, while others, like skipping quality checks to save money, are recipes for failure.

Startup 283
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Is Marketing The Backbone Of Any New Business?

YoungUpstarts

'When a new business first begins to operate, one of the most important things for it to focus on is marketing. Too many new business owners see marketing as an add-on, far less important than the core activities around which their work is based and something that can be dealt with after the initial rush of getting things going is over. These businesses don’t tend to last very long.

Marketing 198
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Twitter Link Roundup #231 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

'Every day on the crowdSPRING Twitter account and on my own Twitter account , I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Here are some of the links that I’ve liked and shared this past week!

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The Real Reasons Adults Love To Give Kids Sugar

David Teten

'The world rains sugar on my children. The bus driver offers my child bubble gum. The teachers offer a cupcake for every birthday party. The school vending machine is full of junk food; so is the one at the Y. At camp, the counselors offer candy and a freeze pop at the end of the day.and craft activities like decorating a cookie or making a gingerbread house.

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Life, the Universe and Technical Interviews

Diego Basch

'“There is a small satellite orbiting an unremarkable planet 50 light years from Earth. In spite of its tiny size, this floating cube of metal and silicon carries a load of paramount importance to the infrastructure of our galaxy. Inside its computer resides the Big Developer Matrix. As you can infer from its name it is fairly large, and it contains information about developers.

Java 67
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Know When Conceding on a Point is Better Than Being Right

Both Sides of the Table

'Last Wednesday I had coffee with an old friend and former colleague. We haven’t worked together in a while and were reminiscing about the old days. I miss the old days when we used to be locked in battle together on the issues affecting our company. Seeing him again also reminded me of one of my first big lessons as a VC – knowing when giving in is more important than being right.

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How Entrepreneurs Must Reinvent Themselves To Thrive

Startup Professionals Musings

'Sometimes entrepreneurs are so focused on making change happen for others, that they forget that continually changing themselves and their company is equally important. Some get stuck in a rut and get run over by competitors with new technology, like Eastman Kodak, and others get pushed into a crisis, like Apple did, before they reinvent themselves into a new market.

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Understanding Different Types of Angel Investors

View from Seed

'We at NextView Ventures invest exclusively in a startup’s seed-stage round , meaning that many if not most of our deals are made alongside individual angel investors. These angels, however, come in many different shapes and sizes. So to successfully raise a seed round of capital, founders should possess at least a basic understanding of the different types of angel investors they’ll encounter.

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Pioneering Women in Venture Capital: Kathryn Gould

Steve Blank

'I met Kathryn Gould longer ago than either of us want to admit. Kathryn has been the founding VP of Marketing of Oracle , a successful recruiter, a world class Venture Capitalist, a co-founder of a Venture Capital firm, a great board member, one of my mentors and most importantly a wonderful friend. During her career she made a big point of not telling you: she was one of the first women Venture Capitalist’s in Silicon Valley (along with M.J.

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The Top Google Analytics Reports for Assessing Mobile Activity

Duct Tape Marketing

'The Top Google Analytics Reports for Assessing Mobile Activity written by Guest Post read more at Small Business Marketing Blog from Duct Tape Marketing. It’s guest post day here at Duct Tape Marketing and today’s guest post is from Mark Hansen – Enjoy! As the use of mobile devices continues to increase, understanding the needs and behaviors of our mobile visitors is increasingly important.

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Gartner, the lightning rod

deal architect

'Once again Gartner is in the news. Its is being sued and a whole slew of blogs and articles have piled on. My summer project researching and writing about the SAP economy has allowed me a chance to go back.

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[Infographic] Why Startups Are Going To Change The World

YoungUpstarts

'It’s not like we don’t say this often enough, but startups – driven by ambitious, usually young founders with a great vision for the future – are going to be the main catalyst to change the world. Startups encapsulate the ideas of focus, cooperation and innovation, and these are traits that set th. But if you’re not convinced of that, here is an infographic from the team at Modis highlighting the various reasons why startups are destined to change the world in wh

Startup 266
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Entrepreneurs Need To Keep Their Business Focused

Startup Professionals Musings

'One of the most common failures I see in startups is lack of focus. Unfocused entrepreneurs boast that their new technology will generate multiple disruptive products for consumers as well as enterprises around the world. Investors hear this as trying to do too many things with limited resources, meaning the startup will not shine at anything, and will not survive the competition.

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Values Build Startup Culture: A Founder’s Take on Getting Started

View from Seed

'This is a guest post from Ben Rubin , co-founder and CEO of Change Collective , which offers courses for behavior change with world-class experts. For seed-stage startups, when resources are tight, trying to consciously build startup culture can feel wasteful. Below, Ben makes the case for why defining values is actually a worthwhile exercise, and he outlines his startup’s approach.

Cofounder 307
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What Do Customers Get From You? 2 Minutes to Find Out

Steve Blank

'If you can’t see the video click here Filed under: 2 Minute Lessons.

Customer 285
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The Other Amazon Deal this week. Drupal founder attracts over $100 Million in 3 months.

Scalable Startup

'As further market proof of the power of Drupal in the enterprise, Acquia has received about $100 million in funding in the past 3 months, which puts its valuation at over $1 billion. [link]. There’s a lot of buzz about the Amazon acquisition of TWITCH this week. As a personal friend of the original investor, I’m very happy for this transaction – after 7 years of work, repositioning, and sticking to it their vision has paid off.

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Is Your SEO Content Strategy A Priority?

Rembrandt Communications

'75% of marketers may know something you dont! Are you using SEO content strategy to your advantage? If not, you are missing out on a huge opportunity to significantly increase site traffic and sales. Specifically, did you see the recent report on Digital Trends 2014 by Ektron? It found that 76.6% of the 400 Website […]. The post Is Your SEO Content Strategy A Priority?

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David And Goliath: How Your Startup Can Land An Enterprise Client

YoungUpstarts

'by Blake Menefee, co-founder of the Dell Center for Entrepreneurs. If your startup has an amazing platform, product, or software, youre probably in the process of staking out big enterprise clients to target. Everyone loves your product, but thats not enough. Too many pitches to big brands result in an executive saying she cant be sure the startup will be around in the future.

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Entrepreneurs Need To Be Experts On Social Change

Startup Professionals Musings

'Many entrepreneurs think that adapting to the new technologies, like smart phones and Internet commerce, are the key to attracting new customers. In fact, businesses need to adapt just as completely to the changes in the buying and social behavior of consumers. High-technology product startups, without customers, don’t make a business. Today’s customer buying dynamics are all about “user experience,” according to Brian Solis, in his recent book “ What’s the Future of Business?

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How Various Types of Startup Investors Affect Your Seed & Series A

View from Seed

'One question that I’m often asked is, “How should I think about the composition of my seed round?” In other words, how many investors and what type (angels, seed funds, larger funds, etc.) make an ideal seed fundraise? For context, of our 37 investments at NextView , ~20% were with angels only, ~40% were with seed funds and angels, and ~40% were with some combination of larger VCs, angels, and seed funds.

Startup 301
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How Do You Select A Revenue Model For Your Startup?

Gust

'Image via Wikipedia. One of the toughest decisions for a startup is how to price their product or service. The alternatives range from giving it away for free, to pricing based on costs, to charging what the market will bear (premium pricing). The implications of the decision you make are huge, defining your brand image, your funding requirements, and your long-term business viability.

Revenue 184
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Dear Uber and Lyft ??? Get Your S**t Together

Feld Thoughts

'Let’s start out by saying that I’m a big fan of both Uber and Lyft. I’m indirectly an investor in both companies as I’m an investor in three VC funds that are investors Uber and one VC fund that is an investor in Lyft. I have no idea how much actual equity I have in either company, but based on current valuations the dollar value of my indirect ownership is non-trivial.

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Marginal gains: How making 1 percent improvements on tiny things adds up

The Next Web

'James Clear writes about using behavioral science to master your habits and improve your health. His free guide, Transform Your Habits, has been downloaded more than 80,000 times. This post originally appeared on his blog. In 2010, Dave Brailsford faced a tough job. No British cyclist had ever won the Tour de France, but as the new General Manager and Performance Director for Team Sky (Great Britain’s professional cycling team), Brailsford was asked to change that.

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12 Important Lessons For Your Business Growth Spurt

YoungUpstarts

'by Zeynep Ilgaz, co-founder and president of Confirm BioSciences and TestCountry. Your little business has been in the “cute stage” for a while now, and you love it dearly. But growth and diversity are critical for any business hoping to reach its full potential. After all, Amazon didn’t stay in Jeff Bezos’ garage for long, and the bell Bezos and Shel Kaphan rang every time they made a sale quickly became annoying.

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