Sat.Sep 07, 2019 - Fri.Sep 13, 2019

Pitfalls To Avoid During Your Startup Phase

YoungUpstarts

Everyone has to start somewhere, and while some people’s luck is undoubtedly significantly better than others, for the majority of people, startups are usually as bootstrapped and painful as possible. In today’s post our mission is to help you minimize, or altogether avoid, the painful traps a lot of startups get sucked into on their endeavor of future business success. Margins are Too Low. In the beginning of a startup there is a phase called “proof of concept”.

6 Founder Actions That Can Kill A Promising Business

Startup Professionals Musings

In my experience as an advisor to entrepreneurs, business startup founders most often point to a shortage of funds as the primary cause of their startup failure. Yet I often see evidence that points right back at the founder or business owner, attempting to maintain excessive power and influence over of the effort, leading to a wide range of problems and a dysfunctional team.

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Pitch Deck Month: The “Why Does It Matter?” Slide

View from Seed

*This post is part of our “pitch deck” series where we dissect the seed stage pitch deck and discuss the ideal flow for a pitch. You can read the rest of the posts in the series by clicking here *. Hopefully by this point in your deck, you have grabbed the investor’s attention based on your team, a crisp articulation of what you do, and some impressive proof points that things are working.

1995 called. Time to revisit your applications strategy. Now!

deal architect

I joined Gartner in 1995. I remember clients would call and say they were getting ready for next-gen applications, but that they felt they had "enough time". The deadline in their case was, of course, the Y2K "wall". By the

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Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

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 their own ecosystem. He'll also go over metrics we can use to measure the health of our ecosystems as we build more resources for innovators.

3-Step Burnout Prevention Plan

YoungUpstarts

by Nicole Lapin, author of “ Becoming Super Woman: A Simple 12-Step Plan to Go from Burnout to Balance “ I thought I was Superwoman. I’d wrapped up shooting for the second season of my TV show and had just finished touring the country promoting my second book. I was a badass New York Times bestselling author who preached badassery to other women. I was, from all outward appearances, at the height of my career. The top of the world. And then, I fell. I had a breakdown.

10 Academic Courses To Kickstart Your Business Career

Startup Professionals Musings

I’m sure that every one of us who has been out in the business world for a few years can look back with perfect hindsight and name a few college courses that we should have taken. What’s more disconcerting to me is that I can name a few that aren’t usually even offered, resulting in more than a few students graduating ill-prepared for the real business world! I won’t even try to cover here the ones you didn’t find for your personal life, like managing personal finances and credit.

More Trending

Re: Oracle OpenWorld

deal architect

I am going to miss going to the event next week. My fault. I had a conflict that cleared up, but not in time for Oracle to register me. I have asked them for streaming info so will catch up. Enterprise Software (IBM, Microsoft, Oracle, SAP

4 Reasons Why T-Shirt Printing Businesses Will Trend In 2019

YoungUpstarts

Printed t shirt’s have become such a staple part of the modern wardrobe that we rarely take a minute to appreciate what they really stand for. Be it a statement you stand for, a promotional piece, or your favourite band top that you just cannot part with. 2019 has been a big year for the growth of t-shirt printing and here is a rundown of what we believe to be some of the reasons why. Take a read for yourself and see how personalised your life is. Fashion Trends.

Some Good Startups Don’t Qualify For Equity Investors

Startup Professionals Musings

Angel investors and venture capitalists don’t make equity investments in nonprofit good causes. The simple reason is that it’s impossible to make money for investors when the goal of the company is to not make money. Yet as an active angel investor, I still get this question on a regular basis, so I’ll try to outline the considerations in common-sense terms.

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Pitch Deck Month: “Is It Working?” (aka the “Traction” Slide)

View from Seed

*This post is part of our “pitch deck” series where we dissect the seed stage pitch deck and discuss the ideal flow for a pitch. You can read the rest of the posts in the series by clicking here *. By now, you’ve described your team and the high level overview of what your company does. Now it’s time to set the stage with the early traction you have. Seed stage VCs are realistic about how much traction a very raw company might have.

Leadership Is Hard And Messy, Here’s What To Do When You Feel Stuck

YFS Magazine

Successful founders and CEOs utilize a few essential practices to help them push forward in the most difficult of times. Lead leadership mental health mindset personal development

How To Borrow Money Immediately For Startups

YoungUpstarts

We are living in a consumerist society. You will come across a variety of business startups selling different ideas. In this competitive stage, it has become difficult to start your own business. The main obstacle is capital. If there are problems having capital, there are many ways in which your startup can be funded. Money can be borrowed immediately from a number of sources in order to fund the business you are looking forward to start.

8 Indications Of An Entrepreneur Sought By Investors

Startup Professionals Musings

An entrepreneur is literally “one who creates a new business.” The best new businesses are ones that have never been done before, so mastering creativity and recognizing creativity are key skills and mindsets. But how does one recognize and nurture creativity in a person or team?

Venture Capital Is Just One Funding Option, Reminds OnPay’s Mark McKee

ReadWriteStart

Virtually every startup has to find funding somewhere. Although some founders take venture capital in exchange for equity, that’s not the only way to do it. To learn more about the pros and cons of venture capital — and founders’ funding alternatives — I caught up with Mark McKee.

How To Improve Your LinkedIn Visibility And Engagement

YFS Magazine

Every single week, content in the LinkedIn feed is seen 9 billion times. Still, only a small number of users and posts get enough visibility and engagement. Grow Marketing & Sales linkedin marketing social media social media marketing

How Remote Working Could Benefit Your Business

YoungUpstarts

Technology has the potential to change the entire way we do business. This isn’t a secret: for years, companies have been holding video-conferences instead of meeting in person or using online tools to improve productivity. One thing that’s failed to keep up, however, is the workplace itself; despite 50% of US employees having a job that could be done at least partially remotely, telecommuters make up just over 3% of the workforce.

New Entrepreneurs Are Rebuilding Our Business Engine

Startup Professionals Musings

Large corporations and conglomerates, the engines of growth and vitality in the twentieth century, have lost their edge and their image. They have proven themselves unable to innovate, and they have lost more jobs than they create. My friends who “grew up” with lifetime careers in General Motors, Exxon Mobil, or even IBM, are now often too embarrassed to even mention it. On the other hand, everyone wants to be an entrepreneur.

I’ve Built Multiple Growth Teams. Here’s Why I Won’t Do It Again.

ConversionXL

I love running growth teams. It’s everything I could want from a job. It directly impacts the company, is fairly autonomous, works great with a few high-caliber folks, and involves a ton of A/B tests. I’ve spent years running these teams—but I don’t know if I’ll ever build one again. I doubt that I’ll even have a growth team at any company I’m managing in the future. In fact, I believe most companies should not have a growth team.

5 Brilliant Tips To Increase Email Response Rates

YFS Magazine

Don’t let critics fool you. Email marketing is still a highly effective way to acquire new clients, increase sales, and grow your business. Grow Marketing & Sales email marketing marketing

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How Does An SSL Certificate Work And Why Do I Need One?

YoungUpstarts

When you visit a website, most of the time, the URL will begin with [link] Occasionally, however, it will begin with http s ://. This additional letter at the beginning of URLs is becoming more common, and that’s a good thing. The difference between the standard [link] and [link] is that the “s” stands for “secure”—this means the data sent between a browser and server is encrypted and thus safer.

Regulatory Tips for Medical Tech Startups Regulated by the FDA

ReadWriteStart

Medical tech startups are regulated by the FDA and must abide by strict regulations at all times. For example, all medical devices must be approved by the FDA. Acting outside of the FDA’s regulations can result in harsh penalties including fines and even jail time. Whether your medical tech startup produces low-risk or high-risk devices, compliance is a crucial and complex necessity. Stay on top of regulatory changes. If you don’t stay on top of regulatory changes you could be in trouble.

Finally! The URL I Can Send To My Parents To Explain What I Do For A Living.

Hunter Walker

God bless Gené Teare for now I have something which explains what I do all day in a format my parents can grok. As part of Seed Series for Crunchbase News , Gené wrote up an extended interview with me and Satya. She told us we were the first time in the series that two partners were interviewed together.

Webinar Emails: A Start-to-Finish Promotion Process

ConversionXL

Webinars can establish a relationship with leads and teach them how your product can improve their lives. Some 75% of marketing and sales leaders say webinars are one of the most effective methods to generate high-quality brand awareness. But not every webinar is a success— 78% of webinars have 50 or fewer attendees. A major reason? Poor promotion. If you can promote your webinar the right way, you can gobble up more viewers and increase conversions.

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How To Build A Customer-First Culture In 4 Steps

YoungUpstarts

by Marie Rosecrans , Senior Vice President of Small and Medium Business Marketing at Salesforce. Small business owners know establishing personal connections with customers is critical for growth. But with limited resources, there’s often not enough time or money for reaching out and developing close relationships. In fact, the latest Small & Medium Business Trends Report from Salesforce Research shows that 58% of small business owners see meeting those expectations as a challenge.

25 Entrepreneurs Explain How They Came Up With Their Business Names

Hearpreneur

The idea of exactly what your business is going to usually come first. Secondly, most often, is giving a title to your idea. What exactly is going to be the name of your business? Some people turn to their childhood for inspiration or a beloved family pet. It could be a made up word you dream of one night and feel it has the right ring to it. Even still there are some people who study foreign words for the perfect meaning behind their chosen business.

How To Interpret VC Twitter Reactions To Portfolio Company Acquisitions

Hunter Walker

In my 6+ years of Homebrew , I’ve become a student of VC social media. For the first time, I pull back the cover and share this with you, putting myself at risk by breaking the venture omerta. Here’s How to Interpret VC Reactions To a Portfolio Company Acquisition. Tweets congratulatory blog post, pics from closing dinner w open wine bottles, seven year old photo of VC w the founder = RETURNED THE FUND!!!

5 Financial Concepts Every Startup Founder Should Know

The Startup Magazine

So you’ve started a business: you’ve made a great product, achieved product-market fit and have an extraordinary road map laid out. But to build a scalable business you need more than just product-market fit. There’s more to your business’s success than how great your product is. How your company works operationally, and the financial concepts that help you measure performance, greatly impact the ultimate success of your business.

5 Ways To Optimize Your Resources As A Start-Up

YoungUpstarts

Starting up a business is an exciting and exhilarating experience. However, it can also be a risky and stressful enterprise, especially if you begin to have resource issues. If these issues become serious, they can have a significant impact on both your work and your personal life. The worst case scenario for entrepreneurs is that their business fails and they are unable to support themselves financially.

How Well Do Founders to in Venture-Backed Exits?

VC Adventure

A few years ago I wrote two posts – Venture Outcomes are Even More Skewed Than You Think , and Some More Data On Venture Outcomes – that challenged the mythology that only 1/3 of venture-backed deals failed and showed just how rare large (10x and greater) venture returns really are. I think the sharpness of the curve surprised a lot of people and contributed to a bunch of discussion at the time around just how rare “venture outcomes” really were.

Four Creative Ways To Create An Office Space You And Your Team Will Love

YFS Magazine

Here are a few easy and inexpensive office space design ideas that startups can use to build a welcoming and comfortable workplace. Lifestyle Workspaces interior design office design Office Space workspaces

Becoming the CEO of Your Own Business with a Virtual Answering Service

The Startup Magazine

If you’ve always dreamed of becoming the Chief Executive Officer of your very own company, you might not be far off in making that dream a reality. It doesn’t matter how small or large your business operations are, the best way to successfully run your own business is by putting together a kick-ass team. This isn’t a one-man show unless of course, you have a very small business that requires very little outside support.

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Rebranding Your Business? Key Things To Keep In Mind

YoungUpstarts

Rebranding a business is a marketing strategy wherein a new name, design, concept, term, symbol, and combination of these elements are created for a brand. The aim is to develop a differentiated and new identity in the minds of consumers, competitors, investors, and other stakeholders. If the execution of business rebranding is done poorly, you might end up suffering extreme consequences.

Micro-VC fund management and capital account statements

David Cohen

I’m a personal investor in about 20 micro-VC funds. Recently one of the GPs of one of those funds asked whether or not it was important to me to receive a quarterly capital account statement, or if they could do it just once a year, or even “never” I shared with her that my perspective was that quarterly is more typical and perceived as more professional.

Carey Smith Launches Unorthodox Ventures in Austin to Invest in Startups with Great Products

SiliconHills

Carey Smith sold Big Ass Fans, the company he founded in Lexington, Kentucky, for $500 million in December of 2017 and then moved to Austin. He bought Lance Armstrong’s 8,800 square foot home near downtown in 2018 and launched Unorthodox Ventures, an Austin-based business incubator and VC firm that invests in innovative companies with great […]. The post Carey Smith Launches Unorthodox Ventures in Austin to Invest in Startups with Great Products appeared first on SiliconHills.

Managerial Skills You Need to Run Your Business

The Startup Magazine

If you are planning to manage your own startup or business after being employed or working as part of a larger business, this can be a daunting process. Managerial skills take some study and practice. There are a number of different factors that you have to take into consideration such as finances and employees that you will not have had control of in the past. This will impact the way that you run your business.

How To React To A Rapidly Expanding New Start Business

YoungUpstarts

Growth is good in business and this is what all young businesses are attempting to do. But what if you unexpectedly grow at an unexpected rate? This can be a headache and a bit of a problem as if you are not set up to deal with an unexpected volume of sales then it can actually end up being harmful rather than good for your business. . Identify If You Have The Staff To Deal With It. . Do you have the staffing to deal with it? If not then you need to consider what to do?