Sat.Jun 10, 2017 - Fri.Jun 16, 2017

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Tesla Lost $700 Million Last Year, So Why Is Tesla’s Valuation $60 Billion?

Steve Blank

Automobile manufacturers shipped 88 million cars in 2016. Tesla shipped 76,000. Yet Wall Street values Tesla higher than any other U.S. car manufacturer. What explains this more than 1,000 to 1 discrepancy in valuation? The future. — Too many people compare Tesla to what already exists and that’s a mistake. Tesla is not another car company. At the turn of the 20 th century most people compared existing buggy and carriage manufacturers to the new automobile companies.

Valuation 266
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Simple And Effective Ways To Promote Your Business

YoungUpstarts

Whether you’re a startup looking at taking those first steps into the business world or an established company wanting to expand your customer base, marketing your business is an important step in getting your brand in front of the right people. With the variety of marketing options available to all industries, choosing the right one for you can seem like a long and arduous task.

Database 164
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21 Entrepreneurs Explain Their Favorite Songs to Get Them Motivated

Hearpreneur

Music can change your spirit. If you’re having a bad day and listen to your favorite song, it can change your entire mood. Music can also help you to get through difficult moments in life. One of the hardest things anyone can ever do is start and run a business. We knew that entrepreneurs have the best playlists and we decided to ask them their favorite tracks. #1 – All I do is Win by DJ Khaled.

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How and Why You Should Validate Your App Idea Before You Build

Up and Running

Almost on a weekly basis, I meet new aspiring entrepreneurs looking to execute on their ideas. Some believe in the all-in approach to product development: build an advanced app. If it works, they’ll hit it big, and if it doesn’t, they’ll make some changes and do it again. Others believe in the start small, grow strong approach: build a small version of the app, test user demand, and then take it from there.

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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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Ecosystem for success: the key ingredients to attract an early-stage investor

The Startup Magazine

Only one in ten startups succeed. Issues such as lack of managerial experience, and a weak marketing strategy – or bad timing – are often identified as reasons for failure. It can be difficult for an entrepreneur to accept that he is at fault for any of the above; yet many still consider that it is ok to “fail fast, fail often” provided one learns from one’s mistakes on the path to success.

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How To Avoid Costly Mistakes When Staffing Your Finance Team

YoungUpstarts

by Michael Burdick, CEO of Paro. When it comes to financial activities, trust and credibility matter. They affect how well your financial team performs, your company’s reputation, and, ultimately, its bottom line. Look no further than the recent Wells Fargo scandal for an example of how ethical lapses can obliterate a company’s credibility. Under pressure to hit unrealistic department sales targets, Wells Fargo staffers opened as many as 2 million unauthorized bank and credit card accounts.

Finance 159

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Why Small Community Lenders Have Your Back

Up and Running

One of the largest banks in the country, with branch locations in your town, advertises everywhere. You know their jingle. Those ads are tempting for small business owners—it’s hard to resist the ten largest banks because they control over $10.1 trillion in assets and have the marketing budget to prove it. After seeing the ads for weeks on TV, you apply for a small business loan.

Community 117
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Do my startup’s lawyers need to be local?

Austin Startup

TL;DR : No. Most top startup lawyers have clients in many different cities, and lawyers specializing in emerging tech/startup work usually only exist in denser tech ecosystems. Background Reading: Bad Advisors: The Problem with Localism Navigating Referrals in a Connected Startup Ecosystem How to avoid “Captive” company counsel Gatekeepers v. Ecosystems If you live in a small town/city and need specialized (not general practice) medical care, you most likely need to look to a larger city to find

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What Your Customers Really Need Is…More Site Testing?

Duct Tape Marketing

What Your Customers Really Need Is…More Site Testing? written by Guest Post read more at Duct Tape Marketing. Why do your customers buy? What are they looking for? Why do they convert on your site? Ask most marketers or business owners these questions and you’ll usually get a lot of very specific answers. “We have the best prices”…“Our product has more features than the competition”…“Our customer service is incredible”… Now, all of these answers are great, but most of the

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Here comes the automation whiplash

deal architect

As I pointed out in my book, Silicon Collar, for years now analysts like Gartner and academics at places like Oxford U have been predicting doom and gloom in massive job loss from machines. Even years after their predictions, there.

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5 Small Business Killers That Will Destroy Your Progress And How To Tackle Them

YoungUpstarts

By Paula Conway, President of Astonish Media Group. If you want to build a business and expand your brand and wealth base, you have to show up and make it count. Now is the time to put all of the old baggage behind you and push your skills and raw talent forward. Discerning between the do’s and don’t’s in business can be confusing, so let’s get really clear on what will move the dial and what won’t.

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4 Traits To Strive For To Make You An Extreme Leader

Startup Professionals Musings

By definition, most entrepreneurs are thought leaders. They have the ability to recognize a market need, the skills to design and implement a solution, and the drive to start a business from that solution. It all comes from within themselves. A business leader does the same thing and more through the people around them. Most entrepreneurs are not both.

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Convert Your Ideas and Messages Into Memorable Narratives

Duct Tape Marketing

Convert Your Ideas and Messages Into Memorable Narratives written by John Jantsch read more at Duct Tape Marketing. Marketing Podcast with Ron Ploof. Podcast Transcript. I enjoy it when someone can take a complex idea and make it simple without removing its initial power and intent. Storytelling is all the rage these days, but few are equipping people to actually use the power of stories.

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Born Global: Part 2 of conversation with Francisco DSouza, CEO of Cognizant

deal architect

In The New Polymath I had profiled Francisco D’Souza and the company he helped found, Cognizant as “born global”. The son of a diplomat, he has lived and worked around the world and has grown Cognizant into a nearly $.

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Networking Etiquette For Beginners

YoungUpstarts

If you’re just starting out in a new field or job, it can be intimidating understanding how to network. Networking is a process of building connections with people that can lead to opportunities in your professional (and personal) growth. You want these connections to be meaningful and authentic, but that can be difficult, especially upon meeting new people.

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Summer is Not Here Yet, But Holiday Marketing Time Is!

Rembrandt Communications

Christmas starts in October. Are you ready for holiday marketing? It’s that time of year when you prepare for graduations, Father’s Day and upcoming vacations. But there is something else you need to think about now… Christmas. That’s right. Summer is not even officially here yet, but the winter holiday sales season starts in just […]. The post Summer is Not Here Yet, But Holiday Marketing Time Is!

Marketing 180
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Global EIR and Silicon Valley Bank Funding Match

Feld Thoughts

Today Silicon Valley Bank (SVB) announced their support for Global EIR , a cause for which I care deeply. As you may know, over breakfast in 2015 Jeff Bussgang and I launched Global EIR with the hope of advancing the startup visa effort on a local and state level after it stalled in Congress. Since then, Global EIR has grown to 13 university programs across the country, helping 42 international founders start companies.

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Born Global: Part 1 of conversation with Francisco DSouza, CEO of Cognizant

deal architect

In The New Polymath I had profiled Francisco D’Souza and the company he helped found, Cognizant as “born global”. The son of a diplomat, he has lived and worked around the world and has grown Cognizant into a nearly $.

Global 199
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Millennials 101: Marketing Your Business To The New Generation

YoungUpstarts

If you’re a businessman, then you should be aware that people who are under 35, or those simply called Millennials, is a great demographic you should target for your business. However, the traditional marketing strategies often do not work with this particular group. This presents a challenge for your business to capture their loyalty to your brand.

Marketing 180
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5 Indications That Your Startup Is Poised For Success

Startup Professionals Musings

Every startup wants to be a predictable success, yet so few ever achieve this enviable position. In reality, getting there is not a random walk, and requires an understanding of the stages that every business must navigate and the organizational characteristics necessary at each stage. Les McKeown, in his classic book “ Predictable Success ” outlines these stages and characteristics for any business.

Startup 146
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This co-working space is basically an adult daycare that takes away your phone for $40

The Next Web

Move over WeWork, CaveDay is the new co-working space on the block. CaveDay is a pop-up collective that only operates on Sunday. The Manhattan space is available to entrepreneurs, startups, freelancers or anyone with a short attention span. However, this isn’t just any co-working space 一 they take your phone away once you step in. According to the company website: “It’s a day of heads-down, facilitated, distraction-free productivity so you can treat yourself to prioritize YOU and getting your pe

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More Alt-Jobs

deal architect

As part of my research for Silicon Collar I found a whole bunch of new “jobs” which are not properly tracked – I called them Alt-Jobs, and they include those in franchises, alternative healthcare like chiropractors, and those on technology.

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Is Starting A Business Right For You?

YoungUpstarts

by Bob Adams, serial entrepreneur and founder of BusinessTown.com. Many people toy with the idea of starting a business but hesitate to actually take the plunge and go out on their own. There are many reasons that people are held back from starting their own business. One of the most common reasons that keeps people from starting a business is that they don’t feel comfortable about starting a business in a field in which they don’t have related experience.

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7 Demographic Shifts Bring Great Business Potential

Startup Professionals Musings

If every entrepreneur could predict the future, starting the right new business would be easy. Since my experience and interests have been primarily with technology, I’ve been watching those trends for a long time, and I see rapid change, but predicting impact is a challenge. Recently I’ve changed my focus a bit to people demographics, and I find the implications a bit more concrete.

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Does VC Fund Differentiation Matter?

Feld Thoughts

I’ve met and emailed with many pre-seed and seed GPs in the past year. Over sushi last night with two of them, who are also long-time friends, one of them asked me “Brad, how do you think we are differentiated?” This generated a rant from me that went something like this. There are over 500 seed funds in the market right now. Maybe there’s a thousand.

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Optimize Your Funnel By Getting Inside Your Buyer’s Head

For Entrepreneurs

Part of finding product/market fit is turning early wins into repeatable, scalable, and profitable sales. In my talk given at Heavybit as part of their speaker series, I discuss how to design a great sales process, analyze the buyers journey, and shorten the time to customer conversion from trials, freemium and open source products. Using examples from companies.

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Top 40 Tips To Prevent Business & Personal Fraud

YoungUpstarts

by Ernie Rossi, Audit Partner at Sensiba San Filippo. Fraud and identity theft is a constant concern for both individuals and businesses. Hackers and thieves use various types of schemes to con millions of people and businesses each year. Here are some practical tips to help keep business owners and individuals alert, prepared and guarded against fraud: Fraud prevention for business. 1.

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8 Keys To Business Success – Values-Based Leadership

Startup Professionals Musings

True business success and leadership starts with real personal values, extends to building a team, and finally to inspiring customers and your community. That’s a huge leap from an entrepreneurial idea, to a product, to making money. Is it any wonder that the majority of startups fail? My job as a new business advisor is to help entrepreneurs get over this chasm early.

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On-demand marketplaces: How to pull levers to reach Supply-Demand Equilibrium

Version One Ventures

This is the first in a series of posts summarizing our speakers’ insights from the Data-driven Marketplace Meetup on May 16. Today, we just need to pick up a phone to order groceries or a fully cooked meal, or hire someone to do our laundry or walk the dog. The rise of on-demand service apps has been spurred on by two things. First, everyone has a smartphone that can send location data and two, there are independent workers who prefer the flexibility of the gig economy to a traditional 9 to 5 sc

Demand 141
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Move over greed: Social purpose is the future of our economy

The Next Web

There’s an iconic line in the 1987 movie Wall Street when Michael Douglas’ character, Gordon Gekko, declares to a crowd of hundreds: “Greed, for lack of a better word, is good. Greed is right. Greed works.” The crowd eats it up, cheering and giving him a standing ovation. That may have been well and good in the 1980s (at least before the ‘87 crash), but if he made the same statement today, he’d be run out of town.

Web 135
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Entrepreneurs Need To Protect Their Business, But Where Should They Start?

YoungUpstarts

by Maxime Rieman, Director of Online Channel Product Marketing at CoverWallet. Entrepreneurs know they need business insurance – but figuring out which kinds can be pretty confusing. Each industry is unique, and coverage needs can vary depending on things like your business’s location, number of employees, and the type of work you do. Here are some key coverage types to consider as you establish and grow your new venture: BOP.

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Entrepreneur to scale-up CEO: two very different skill sets

The Equity Kicker

Growing from a founder to a scale-up CEO is challenging. Thinking up game changing ideas couldn’t be more different to running a large business. Many transitions are required along that journey but the one that I’ve been thinking about recently comes when the first product starts to take off. To simplify, before then success comes from trying lots of things, but after that success comes from making one thing work.

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How Packaging Design Can Help Create a Winning Product

Up and Running

Picture a supermarket with thousands of products. It’s been said time and time again that a consumer will dedicate a maximum of around four seconds of consideration to any product on the shelf and will make between 70 and 80 percent of their purchasing decisions while inside the store. That is a lot of processing and judgment for both the conscious and unconscious mind.

Design 107
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27 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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Five Things To Consider If You’re Thinking About Starting A Business

YoungUpstarts

by Felena Hanson, founder of Hera Hub. Making the decision to start your own business can be daunting. There is the fear of failing, and even more profoundly, there is the fear of succeeding. But if you’re able to communicate how great you believe your business idea to be, and if you’re excited about convincing others to jump on board, then you are ready to motivate others through your leadership skills to be a part of the venture you are considering.

.Net 149
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Is Your Content An Opening Act Or A Headliner?

YFS Magazine

I encourage you to create the best content you can, but don’t forget that 'how' you put yourself out into the world matters just as much as 'what' you do.

Sales 111