Startup Professionals Musings

APRIL 18, 2021

If your startup is great enough to get a term sheet from angel investors or a venture capitalist, the next step for the investor is to complete the dreaded due diligence process. This is the last step of the process, where surprises in the evaluation of the management team, documentation, and personnel problems can derail the investment. Some startups do nothing to prepare for the due diligence process, assuming the people and business plan documents will speak for themselves.

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ReadWriteStart

APRIL 23, 2021

Spanning from Silicon Valley to Upper Manhattan and everywhere in between, it seems this country is overflowing with tech-optimists. As you know — a techno-optimist is someone who is generally optimistic about the current state of technology and its potential future. These people believe that technological developments will do more good for humanity than harm — and that our technological future is very bright.

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The Startup Magazine

APRIL 22, 2021

Over the course of a twelve-month period, it’s reported that only 5% of traders are actually profitable. That’s a pretty exclusive club, and if you want to be a member, you need to use all of the tools at your disposal to make that a possibility. One way you can do that is by taking advantage of the various trading software solutions available to you in order to improve your trading record and increase your profits.

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Up and Running

APRIL 21, 2021

Oh, chargebacks. They can feel like a strangling noose around the bottom line and profit margins of business merchants. It’s been a challenging year, and small businesses face different difficulties, from having to shut due to Covid-19 to the struggles of securing Government loans to stay afloat. Another cash suck is presently on the rise in the form of credit card fraud.

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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

Startup

Steve Blank

APRIL 20, 2021

I first met Shawn Carolan and his wife Jennifer at the turn of the century at 11,000 feet. I was hiking with my kids between the Yosemite High Sierra camps. Having just retired from a career as an entrepreneur I had started thinking about why startups were different from large companies. The ideas were bouncing around my head so hard that I shared them with these strangers around a campfire, drawing out the four steps with a stick in the dirt.

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Startup Professionals Musings

APRIL 19, 2021

New entrepreneurs often seem to confuse viability with fundability. Certainly a non-viable business should be not fundable, but many viable businesses are also not fundable. Thus when an investor declines your funding request, you need to curb your anger and understand the real reason for this outcome. In my experience, here are the most common issues that cause funding requests for potentially viable businesses to be rejected, in priority order: Inadequate business plan.

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Up and Running

APRIL 22, 2021

Starting a business is not for the faint of heart. Navigating the tricky, and sometimes murky, business environment can test your resilience. Statistics indicate that up to 90% of new startups fail. 20% of those that fail do not even make it past the first year. Less than half will make it past the fifth year, while only 33% will reach the ten-year mark. .

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deal architect

APRIL 22, 2021

In the 42nd episode of the series we have Raju Vegesna of Zoho Software. While the COVID-19 pandemic and related WFH protocols have turned many of us into recluses, the big realization is you can WFA - as in Anywhere.

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Startup Professionals Musings

APRIL 23, 2021

Entrepreneurs have to know when and how to say ‘no,’ and be good at delivering the message. All startup leaders are besieged with requests for their time, attention, talent, money, or influence, and sometimes even good requests won’t fit into the time and energy you have available. Startups require focus, so you need to say ‘no’ to some things, in order to do the important things well.

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The Startup Magazine

APRIL 21, 2021

How will the new forms of money affect the old ones? If you have ever wondered how things like Bitcoin, digital currency, and online payment methods have impacted the traditional ways of doing business, you are not alone. In fact, as the world slowly seems to be moving toward virtual forms of payment for everything, it’s apparent that cash is scarcer than it was just a decade ago.

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Women Entrepreneurs Can

APRIL 18, 2021

Your inventory is the lifeblood of your business. Managing your inventory is not always easy and if you are trying to do it manually it can get complicated very fast. When things get complicated errors will be made at this is the last thing you want or need. Errors in your inventory management can mean that you lose money. You also run the risk of disappointing your customers when you cannot fulfill your orders on time.

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Board Effect

APRIL 19, 2021

Government compliance documents can be complicated and confusing for nonprofit board members. Perhaps what makes them even more challenging is that the laws and regulations are always changing. That makes it difficult for boards to complete them properly, especially when there have been multiple changes in the board directorship. Nevertheless, it’s the board’s responsibility to ensure that compliance documents get filled out and turned in on time.

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Startup Professionals Musings

APRIL 21, 2021

Startups and entrepreneurs are drowning in the information overload, where the volume of data created is like a new Library of Congress every 15 minutes. That creates a huge gap between data and meaning, and makes quick decisions and action ever more difficult. We all need to take a little more time to think. On the other end of the spectrum, some people “over-think” things to the point of inaction.

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The Startup Magazine

APRIL 22, 2021

The ability to trade forex on mobile becomes increasingly important when financial markets are active 24/5 and volatility sometimes spikes when people expect the least. Retail traders are often in a position where they must make difficult decisions and only with the right set of trading apps and a sharp mindset, they can overcome any obstacle. In 2021, the focus continues to be on the pandemic and its influences, reflation, rising interest rates, and social unrest, which is why it is critical to

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YoungUpstarts

APRIL 20, 2021

Dr. Oleg Konovalov shares the three common elements all successful businesses have that made them stand out – a strong vision, productive culture and focus. The post Three Keys To Startup Success appeared first on Young Upstarts.

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Women Entrepreneurs Can

APRIL 21, 2021

Owning a business comes with its own risks and rewards. Even so, the endless benefits of entrepreneurship support your dreams and help you turn your business into a fortune. You get to be your own boss while working in a vocation you are passionate about, ultimately leading you to success. However, entrepreneurship often comes with significant risk, and if you fail to devise a proper plan, the chances of you running into a failure become stronger.

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Startup Professionals Musings

APRIL 17, 2021

Success in a startup is not possible as a “one-man show.” An entrepreneur has to engage with team members, partners, investors, vendors, and customers. In my experience, the joy of positive engagement is sometimes the only pay you get in an early startup. Amazingly, many successful startups are built on this basis alone, with almost no money. I will talk here primarily about building the internal team of a startup, but the same principles apply outside to your “extended team” and customers.

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Feld Thoughts

APRIL 20, 2021

The best businesses are data-driven and metrics-driven. Instead of simply tracking top-line metrics, every person in the organization understands their role, how they impact the business metrics, and how this impacts its larger goals. One of the biggest mistakes I see companies make is fooling themselves into thinking they are metrics-driven because they are good at reporting high-level and often lagging metrics.

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YoungUpstarts

APRIL 23, 2021

CMOs will have a lot on their plates in the near future. Per Ohstrom shares the top five things CMOs are expected to manage in 2021. The post Top 5 Things CMOs Will Be Expected To Manage In 2021 appeared first on Young Upstarts.

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Women Entrepreneurs Can

APRIL 18, 2021

After the novel coronavirus outbreak, many individuals have noticed the shift in what customers need. According to statistics , the retail industry suffered its worst financial year in decades, whereas eCommerce businesses experienced a high on the other hand. Many consumers grew to be more comfortable with transacting online due to lockdowns and having no other choice.

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ReadWriteStart

APRIL 22, 2021

A company is only as successful as its people. However, early-stage companies often deprioritize proper talent management and place all their focus on the day-to-day operations of the business. These companies eventually find themselves reaching a point where their talent management processes aren’t keeping up with growth. Hiring and retaining the right talent for your organization is just as crucial as having a great service or product, especially in the early stages of building a company.

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Feld Thoughts

APRIL 21, 2021

Dear Discord: Please go public and stay independent instead of being acquired. Love, Brad. I’ve become a huge Discord fan and user of the past year. I’ve got many daily reference points from products that I use for real-time communication channels: Slack, Telegram, Signal, iMessage, Zoom, Voxer, Mighty, and of course, email. An increasing number of my group communications is on Discord.

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YoungUpstarts

APRIL 22, 2021

In the post-COVID world, effective workspaces will need to find ways to make all stakeholders feel like empowered partners in value creating activities. The post Mindfulness At Work Does Not Help Find Meaning. Here’s What Does. appeared first on Young Upstarts.

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SiliconHills

APRIL 18, 2021

Every Tuesday at 2 p.m. Silicon Hills News hosts a tech talk featuring a local speaker. This Tuesday, April 20th at 2 p.m., Morgan Flager, general partner of Silverton Partners, will join the Silicon Hills Tech Talk Club to discuss startups and venture capital funding in Austin. A few years ago, Silicon Hills News did […].

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ReadWriteStart

APRIL 19, 2021

Much of your startup’s success will depend on the quality and integrity of the team you put together. With talented, committed, hardworking people, even a merely decent idea can turn into something groundbreaking. Conversely, even a great idea can struggle to survive if it doesn’t have a solid team in place to support it. . Obviously, you’ll need to work hard to choose the right people for your team – individuals with a solid experiential background, proof of ample talent, and genuine passion fo

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The Startup Magazine

APRIL 19, 2021

You may have implemented all the requisite search engine optimization (SEO) strategies on your law firm’s website, and now you are probably thinking of a way forward. How will you put your law firm on the map and increase its visibility to potential site visitors and clients? Google My Business (GMB) is one of the greatest law firm marketing strategies to get you listed on the top pages of search engine results.

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YoungUpstarts

APRIL 21, 2021

What can business leaders do to build resilience? Atholl Duncan shares five vital areas leaders need to look at. The post Building A Resilient Mindset: Survival Tips For Business Leaders in the Post-COVID World appeared first on Young Upstarts.

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Hearpreneur

APRIL 19, 2021

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- Don't Stop Me Now.

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Gregg Fraley, Author of Jack's Notebook

APRIL 20, 2021

A highly creative new method for solving difficult problems. Accelerate the Momentum of Work and Life Projects With Focused Creativity. Improvisation works for problem solving AND comedy. MCPS Training Available on April 29th, 1 to 4:30 Eastern. Three Oaks, Michigan, Wednesday April 21st, an announcement on International Creativity and Innovation Day.

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The Startup Magazine

APRIL 19, 2021

The idea that you may not be ready to pursue your passion of starting a business may be a difficult one to digest. However, acknowledging this fact and working on your weaknesses before getting started could mean the difference between succeeding and failing. But what are the areas you should be working on? We have put together a list of six signs that may signal you’re not ready to start your business just yet.

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YoungUpstarts

APRIL 20, 2021

Here are five common mistakes that you should avoid when starting your business to ensure it has the best chance to survive and thrive in today’s world. The post 5 Common Mistakes To Avoid When Starting Your Business appeared first on Young Upstarts.

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Feld Thoughts

APRIL 19, 2021

On my run to Boulder on Saturday, I listened to The God Equation: The Quest for a Theory of Everything by theoretical physicist Michio Kaku. My run was about four hours long, which was roughly the time it took to listen to this spectacular book. The quick summary from Wikipedia follows: Kaku explores the history of unification theories of Physics starting with Newton’s law of universal gravitation which unified our experience of gravity on Earth and the motions of the celestial bodies to

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Mike Michalowicz

APRIL 22, 2021

Owning a business means you have big fish to fry. When you feel overwhelmed by something you can easily get stuck. Stuck won’t get you anywhere, my friend. Do you have the tools in place to ensure you will accomplish those daily goals? Maybe you think that I tell myself, “You’ve got this!”, over and over, but affirmations aren’t always the key.

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The Startup Magazine

APRIL 23, 2021

Businesses all over the world have taken into practice a laid-back approach towards the setting of working space. The rigid cubicles, coats, and ties culture have almost diminished, leaving offices to become more informal these days. However, that doesn’t mean office manners and business etiquette do not get due consideration. On the contrary, business etiquettes are mandatory in all companies, especially those that require higher levels of formality, such as banks and legal firms.

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YoungUpstarts

APRIL 21, 2021

Creating an engaged pool of customers is essential for the success of your brand, and meaningful marketing can help you to achieve this. The post 5 Tips For Engaging Your Clientele With Meaningful Marketing appeared first on Young Upstarts.

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VC Adventure

APRIL 21, 2021

Many readers likely already know that I’ve been working on a book for the last several years – The New Builders: Face to Face with the True Future of Business. It’s due out in a few weeks and I’m really excited about it. W riting a book was challenging but in many ways, it was an unexpected pleasure. I thought it would be fun (and interesting) to post about the process a bit.

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