March, 2023

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7 Ways To Elevate Your Team Connection And Leadership

Startup Professionals Musings

Entrepreneurs need to be effective team leaders, since no one can transform an idea into a product and a business without some help. Unfortunately many founders I work with as a mentor are experts on the technical side, but have no insight into leading a team. But fortunately, team building is a skill that can be learned and practiced, for those willing to put in some effort.

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Effective Management Techniques to Reduce Employee Turnover

The Startup Magazine

Did you know approximately 4 million Americans (2.6% of the U.S. workforce) left their job in 2022? Moreover, a Statista’s report reveals that the number of quits has now surpassed the pre-pandemic peak for 21 consecutive months. Young people playing table tennis in workplace, having fun. Perhaps it won’t be wrong to say these staggering numbers are a wake-up call for organizations to take employee retention seriously.

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When LLMs Collide With Software Development and Economics

Feld Thoughts

Paul Kedrosky and Eric Norlin of SK Ventures wrote an interesting and important essay titled Society’s Technical Debt and Software’s Gutenberg Moment. The abstract follows. I encourage you to read the full essay. There is immense hyperbole about recent developments in artificial intelligence, especially Large Language Models like ChatGPT.

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30 Entrepreneurs Share Why They Started Their Business

Hearpreneur

Starting a business requires a strong motivation to solve a problem or fill a gap in the market. Entrepreneurs often have a vision and a passion for their ideas, products, or services. They may want to make a positive impact on society, create jobs, or simply have the freedom to be their own boss. Ultimately, the reasons for starting a business are personal and unique to each individual.

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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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10 Ways To Make Your Funding Pitch More Hard-Hitting

Gust

The average length of a funding pitch to angel investors is ten minutes. Even if you have booked an hour with a VC, you should plan to talk only for the first fifteen minutes. The biggest complaint I hear from fellow investors is that startup founders often talk way too long, and neglect to cover the most relevant points. Or they get sidetracked by a technical glitch due to poor preparation.

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The 15 Essentials for Nonprofit Board Effectiveness

Board Effect

Building an effective board of directors is a critical part of governance that has a profound impact on the organization. To have board effectiveness, a nonprofit’s purpose, process, structure, and people must all be in alignment. Yet how can you be sure your board works effectively? Use our checklist of 15 essentials to guide your nonprofit board effectiveness.

More Trending

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4 Essential Steps to Create Strong Standard Operating Procedures

The Startup Magazine

Creating standard operating procedures (SOP) documents is essential for organizing your entire business operations. An SOP document helps standardize procedures, encourages teamwork , and facilitates legal compliance. To write a standard operating procedure effectively you need to outline step-by-step processes, determine key roles and responsibilities, define the procedure’s goals and objectives, and identify any external resources that may be needed.

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Burning Platform: Raising the Bar for Analyst Summits with Truly Zoho

deal architect

In the 83nd episode of Burning Platform, we host Sandy Lo and Pooja Mittal in the marketing team of Zoho and they talk about the elaborate planning and logistics it took to host the Truly Zoho analyst event in Chennai.

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“Imposter Syndrome” is Definitely Misnamed, Might Be a Condition of Privilege, & Has a Fascinating History

Hunter Walker

Things I Learned From a New Yorker Article and How I Got Over My Own Insecurity Good writers aren’t just skilled in their prose, they have a nose for interesting topics. “ Why Everyone Feels Like They’re Faking It ,” an article about imposter syndrome in a recent issue of the New Yorker, is an example of a GREAT subject. The type of read where you pause between sections to chew on what you just finished.

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What Are The Digital Marketing Trends In 2023?

YoungUpstarts

Smart businesses look for the latest trends to incorporate to maximize their results and impact. Here are some of the biggest trends in digital marketing. The post What Are The Digital Marketing Trends In 2023? appeared first on Young Upstarts.

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How To Use Governance Technology to Protect Nonprofit Board Members Against Cyberattacks

Board Effect

Cyberattacks are here to stay and ransomware demands to organizations are unfortunately skyrocketing. Nonprofit boards need to know the essentials of how to protect data and their board members against cyberattacks. Nonprofits rely heavily on mobile and digital technologies to manage and fulfill their missions. Collecting and managing data has always been an essential part of delivering nonprofit services and activities, but the last decade has seen an increased reliance on technology to facili

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5 Ways A Startup Benefits From Dual Partner Strengths

Startup Professionals Musings

It seems like every entrepreneur I meet these days is quick to proclaim themselves a visionary, expecting that will give more credibility to their startup idea, and improve their odds with investors. In reality, I’m one of the majority of investors who believe that startup success is more about the execution than the idea. Thus, unless the visionary highlights a cofounder who can take the vision and execute, I assume the worst.

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Studying Computer Science vs. IT: Which Subject You Should Choose

The Startup Magazine

In the past few decades, the technology industry has significantly increased. Nowadays, people can rely on numerous technological tools, devices, and gadgets to perform all kinds of activities, making their daily life much simpler. From shopping from the comfort of their homes to completing work tasks using their smartphones, the advancements in the industry simply show no signs of slowing down.

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Analyst Cam: SAP Industries – Partner Ecosystem

deal architect

As we have moved to virtual briefings, I have increasingly been excerpting short video segments (with permission) as part of my Analyst Cam series. This time it is Frank Ruland, Global Head of Industry Ecosystem at SAP.

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The SVB Saga in Memes

VC Cafe

“The biggest collapse since the financial crisis” is no laughing matter. Silicon Valley Bank was the bank of many founders and funds (30% according to some estimates), including our own at Remagine Ventures. The decisive action taken today by the Department of Treasury, The Federal Reserve and the FDIC (the Federal Deposit Insurance Corporation) to make depositors whole and get access to their account balance on Monday morning, averted a much bigger financial crisis and knock on effects.

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Mobile App Development For Businesses – A Complete Guide

YoungUpstarts

It is important to choose the right agency for mobile app development to gain a competitive business edge. The post Mobile App Development For Businesses – A Complete Guide appeared first on Young Upstarts.

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Gluecon 13: 2023

Feld Thoughts

GlueCon will occur for the thirteenth time, on May 24th-25th, in Broomfield, Colorado. My Foundry partners and I helped Kim and Eric Norlin create Gluecon in 2009 because we saw the need for a developer-focused event to explore emerging technologies around the cloud and APIs. The first year that GlueCon occurred, it seemed like nearly every session began with someone defining “what cloud computing is.

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6 Reasons To Disclose Your Startup Idea Before Commit

Startup Professionals Musings

Savvy entrepreneurs start testing their ideas on potential customers even before the concept is fully cooked. They have enough confidence in their ability to deliver that they don’t worry about someone stealing the idea to get there first, and they don’t forget to listen carefully to critical feedback. They become walking public relations machines for themselves, as well as their idea.

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7 Ways to Improve the Financial Management of Your Business

The Startup Magazine

Managing finances is one of the most important aspects of running a successful business. Effective financial management ensures that the company can meet its financial obligations and make informed decisions about investments and expenditures. Regardless of how innovative or popular your business is, it is set to fail without financial management strategies.

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Time for the tech sector to think about “Business as Unusual”

deal architect

I have seen it repeatedly, 4 years in a row. In 2020, I saw it in the pandemic stress in many execs I captured in the New Normal video series. In 2021, the Moment of Service book I helped IFS.

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Learnings as a New Leader: Books, Storytelling Scholarships, and More

Brandanew

Adopting a new role of an executive non-profit leader this year has meant lots of impatience, new learning, and working out a system to finally be able to rest, and be mindful. Trying to build something new with Peerbagh each day means that I have to unlearn systems that were leading to frequent burnout. It also means being able to give grace to people I work with and lead so we feel comfortable in setting boundaries and don’t metabolize our accomplishments too quickly.

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5 Essential Habits For Every Successful Entrepreneur

YoungUpstarts

Learning and honing certain skills early in one’s career will prep entrepreneurs for the best chance to thrive. Craig Goodliffe shares more. The post 5 Essential Habits For Every Successful Entrepreneur appeared first on Young Upstarts.

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An Investment in Board Diversity

Feld Thoughts

Research shows that more diverse teams perform better and are more innovative than homogeneous teams. I’ve written about this before, and it’s covered extensively in my book Startup Boards: A Field Guide to Building and Leading an Effective Board of Directors. We’ve made this an operating principle at Foundry. We encourage all our portfolio companies to add multiple independent directors and build diverse boards.

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8 Entrepreneurship Principles For Anticipating Change

Startup Professionals Musings

Aspiring entrepreneurs who rely only on traditional learning vehicles (teachers, classrooms, and risk-free practice) are doomed to failure in anticipating change today. Either they are never really ready to commit, study an opportunity until it has passed, or fail with tools and techniques from a bygone business era. The Internet and the current information wave have changed everything.

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6 Tips Businesses Should Follow to Manage Risks and Provide Resilience

The Startup Magazine

When it comes to running a business, it is nearly impossible to eliminate risk. Whether you are launching a new product or service or changing your advertising strategy, there will always be some risk associated with change. In order to be successful in the business world, you will always have to prepare for the unexpected. An option is for businesses to turn toward companies like ServiceNow solutions to manage risk and provide resilience.

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Burning Platform: A 360 degree perspective on the Truly Zoho event

deal architect

Earlier in the week, Sandy Lo and Pooja Mittal of Zoho discussed the elaborate planning and intricate logistics of the week long Truly Zoho event in Chennai and Tenkasi in South India.

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SXSW 2023 Innovation Award Winners Announced

SiliconHills

By Laura Kobylecky, Special Contribution to Silicon Hills News South by Southwest announced the 2023 Innovation Award winners during an awards ceremony at the Austin Convention Center on Monday evening. The winners are Move.ai of London, For Tomorrow: an Innovation Ecosystem of Los Angeles, Time Investigators of Bourne End, U.K.

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Going For The Brass Ring: Advice On Navigating A Satisfying Business Career

YoungUpstarts

Make things happen or things will happen to you, says Christopher Volk. He shares how you can achieve a satisfying business career. The post Going For The Brass Ring: Advice On Navigating A Satisfying Business Career appeared first on Young Upstarts.

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Founder Mental Health Pledge

Feld Thoughts

Since the middle of last week, there has been extreme stress on founders, startup leaders, and the extended startup community. This stress accelerated on Friday when the FDIC shut down and took over Silicon Valley Bank. By late Friday, anyone who banked with SVB was concerned about … well … everything. Once it became clear that payroll accounts needed to be funded on Monday to make Wednesday’s payroll, we focused on the immediate short-term to ensure our portfolio companies’ thousands of e

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8 Signs Of A New Business Initiative And Not A Hobby

Startup Professionals Musings

As a startup investor, I often see business proposals looking for funding that really look like expensive hobbies looking for donations. I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but using no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business.

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The Power Of Thoughtful Packaging To Help E-commerce Sales

The Startup Magazine

Are you struggling to stand out in the crowded world of e-commerce? There is a lot of online competition, so creating a successful e-commerce site takes work. The successful ones are those who get the little details right. For instance, when done correctly, your packaging can make a difference. Thoughtful packaging has been used by many brands, such as Apple, for a long time to create excitement.

Sales 101
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Will Workday lead us out of the Enterprise “AI Winter”?

deal architect

I smiled when Sayan Chakraborty, Co-President mentioned “AI Winter” in his presentation at the Workday AI and ML Innovation Summit last week. I smiled for two reasons: He expressed eloquently in two words what took me much longer to describe.

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Strangeworks CEO Whurley Wows the SXSW Audience with an AI-Generated Presentation on QuantumAI’s Potential to Shape the Future

SiliconHills

Five years ago, Will Hurley launched his quantum computing company, Strangeworks, on the main stage at South by Southwest. On Wednesday morning, he returned to SXSW to present the power of quantum computing and artificial intelligence to solve the world’s biggest problems and change how everyone works and lives.

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How Brands Can Build A Positive Reputation And Grow Customer Loyalty in 2023

YoungUpstarts

Growing customer loyalty and building a positive brand reputation is more important than ever these days. The post How Brands Can Build A Positive Reputation And Grow Customer Loyalty in 2023 appeared first on Young Upstarts.

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Honoring Cecelia Feld on International Women’s Day 2023

Feld Thoughts

Today is International Women’s Day. Imagine a gender equal world. A world free of bias, stereotypes, and discrimination. A world that’s diverse, equitable, and inclusive. A world where difference is valued and celebrated. Together we can forge women’s equality. Collectively we can all #EmbraceEquity. I’ve been fortunate to have many incredible women influence my life and how I think about gender and gender equity.

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7 Secrets To Positioning Competition For Constituents

Startup Professionals Musings

Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements to their own team, to investors, and even to customers. This approach only makes these important constituents question your integrity, intelligence, and your understanding of business basics. Pointing out flaws in others does not give you strength.