Sat.May 13, 2023 - Fri.May 19, 2023

article thumbnail

5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Cash flow is a basic survival metric for every startup. Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall. Don’t wait until you are almost out of cash before managing every dollar spent or looking for the next refueling from investors. Desperate entrepreneurs lose their leverage and die young.

Burn Rate 258
article thumbnail

Uri Levine’s new book is a reminder for founders to put the problem first

VC Cafe

“Simple can be harder than complex. You have to work hard to get your thinking clean to make it simple. But it’s worth it in the end because once you get there, you can move mountains” Steve Jobs (from Chapter 8) I got to meet Uri Levine, the founder of Waze and Moovit, through his involvement in the Zell Entrepreneurship program at Reichman University.

Founder 103
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Redefining Success In Sales With The Unsold Mindset

Duct Tape Marketing

Redefining Success In Sales With The Unsold Mindset written by John Jantsch read more at Duct Tape Marketing Marketing Podcast with Garrett Brown and Colin Coggings In this episode of the Duct Tape Marketing Podcast , I interview Garrett Brown and Colin Coggins. They are l ongtime sales leaders, practitioners, and professors of Entrepreneurship at the University of Southern California’s Marshall School of Business.

Sales 91
article thumbnail

What Is a 501(c)(3) Organization, and What Are The Different Types?

Board Effect

In simple terms, a 501(c)(3) nonprofit is a group that exists for charitable purposes. The IRS establishes the different types of 501(c)(3) organizations and determines the rules and laws for operating them depending on their classifications. As straightforward as that sounds, nonprofit boards must be aware of the rules and restrictions that govern nonprofits to continue operating legally.

article thumbnail

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

article thumbnail

7 Ways To Validate Your Business Idea Before Starting

Startup Professionals Musings

In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. But how does any entrepreneur know which ideas to implement, and which ones are best left behind? After all, most great breakthroughs, like a computer in every home, seemed like a crazy idea before Steve Jobs and Bill Gates made it happen.

article thumbnail

How to Identify and Attract the Best Software Development Talent

Transformify

With technologies advancing from time to time, there is a significant need for the best software developers now more than ever. And although the competition for finding top talents is tough, causing some recruiters to snag up the first interested software developers with hazy relevant experience, getting the right talent is still more crucial. And the only way to do that is by being creative and strategic with your approach to hiring software developers.

More Trending

article thumbnail

How To Choose Your E-Commerce Platform For Your Startup

YoungUpstarts

Selling things on social media? You need your online store hosted on a good eCommerce platform to ensure business success. The post How To Choose Your E-Commerce Platform For Your Startup appeared first on Young Upstarts.

eCommerce 246
article thumbnail

6 Keys To Adding Customer Value In Marketing Content

Startup Professionals Musings

Entrepreneurs have always believed that their product or service must show real value to customers, but today the smart ones are even able to make their marketing valuable. The days are gone when marketing was all “pushing product.” Now customers seek out people who are willing and able to add value, with expertise and insight, even before they have a product.

Customer 261
article thumbnail

Business as Unusual – Conversation with Peter Maier at Sapphire Orlando

deal architect

At SAP’s Sapphire event in Orlando this week, ASUG kindly invited Peter Maier and me to present themes from the Business as Unusual book at their Hub on the show floor. We covered how the book came about, discussed some.

article thumbnail

Reincorporating Your Non-US Startup in the U.S. through the “Delaware Flip”

Gust

Imagine that you are the founder of a Brazilian B2B SaaS startup that has landed a few enterprise clients and has some good traction. Your sights are now set on raising capital in Silicon Valley to scale your business and reach new markets. While your conversations with U.S. based investors are productive, you soon realize that they are unwilling to invest in your Brazilian startup as it is governed by laws they are not familiar with.

Delaware 160
article thumbnail

Do Constraints Cripple Your Team… Or Ignite Their Creativity?

YoungUpstarts

When we approach boundaries and limitations with the right mindset, we unlock a wellspring of creative power. Gary Harpst offers some tips to create a constraints-busting culture. The post Do Constraints Cripple Your Team… Or Ignite Their Creativity? appeared first on Young Upstarts.

245
245
article thumbnail

6 Approaches To Problem-Solving From Today’s Leaders

Startup Professionals Musings

All the business leaders I know have noticed that the problems we all face today are becoming more complex, multifaceted, and our customers are more demanding. Everyone wants to know how to become a better and more timely problem solver, as well as a more creative solution provider. The challenges for every business are now more global and multi-cultural than ever.

.Net 211
article thumbnail

How Businesses Can Make Money Using Old Equipment

The Startup Magazine

As businesses grow and evolve, old equipment often gets left behind. It can be difficult to know what to do with outdated machinery, but there are ways to make money from it. Here are five strategies businesses can use to turn old equipment into profit. Sell It One of the easiest ways to make money from old equipment is to sell it. While it may no longer serve your business’s needs, it could be exactly what another company is looking for.

Revenue 133
article thumbnail

Google Fiber is Looking for 20 Gig Internet Testers in Austin

SiliconHills

Google Fiber is looking for testers in the Austin market to see what they can do with 20 Gig Internet. The applications can be drug development, virtual reality, artificial intelligent humanoid robot assistants, flying cars, or something else.

article thumbnail

Stop Building Large Departments: The Advantages Of Smaller Teams

YoungUpstarts

Build small teams. A smaller team has a common purpose and level of intimacy that often leads them to come in early or stay late to get the job done. The post Stop Building Large Departments: The Advantages Of Smaller Teams appeared first on Young Upstarts.

article thumbnail

The Acquihire Market for Early Stage Startups is Ice Cold. One Better Strategy? Announce You’re For Sale.

Hunter Walker

“Worst case scenario we’ll sell to a larger startup or public company for about ~$1.5m per engineer.” Yes, this was the ‘fallback plan’ for many team in the web2 era and they weren’t wrong. Especially in the early days of mobile/iOS engineering, if you hired strong technical talent into your early stage company, you basically created an acquisition outcome floor.

article thumbnail

Why Downtime and Work-Life Balance Are Critical for StartUp Success

The Startup Magazine

It has been noted that the best entrepreneurs are the ones that are most relaxed and have had the best rest. This article shows how to achieve this down-time relaxation and describes why it is so important for your success as a businessperson. Young people playing table tennis in workplace, having fun. What Is Down-Time and the Work-Life Balance? The work-life balance equation is all about having a balanced approach to work and play – in other words, working hard and playing hard.

Startup 126
article thumbnail

Newchip Enters Into Bankruptcy Liquidation

SiliconHills

By Laura Lorek, publisher and senior writer of Silicon Hills News Newchip entered into bankruptcy liquidation last week. The Austin-based company rebranded as Astralabs, doing business as Newchip and Newchip Accelerator, filed for Chapter 11 bankruptcy reorganization on March 17th, listing $1.7 million in total assets and $4.

article thumbnail

Small Businesses, Here’s How You Can Improve Your Digital Marketing In A Blink Of An AI

YoungUpstarts

AI is everywhere now. Dave Charest shares some easy ways small businesses can start using AI in their marketing strategy. The post Small Businesses, Here’s How You Can Improve Your Digital Marketing In A Blink Of An AI appeared first on Young Upstarts.

article thumbnail

Moral and Ethical Concerns for Generative AI (guest post)

VC Cafe

As part of my work at Remagine Ventures, I am constantly impressed by the incredible advancements made possible by generative artificial intelligence (AI) technologies. From natural language processing to image and gaming, the possibilities are endless. We are all dealing here with exciting, scary, and inspiring technologies that will probably drastically change the way we live.

article thumbnail

Female Founder and CEO: Harmony Vallejo

The Startup Magazine

From an early age, female founder Harmony Vallejo was driven by her passion for creating a better future for the world. She has a background in communications and marketing that spans over many years and which led her to establish her own company – Universal Events Inc. The company’s mission is to empower nonprofits and ethical businesses to serve their communities.

Founder 103
article thumbnail

Cloud Security Companies Eagle Eye Networks and Brivo Receive $192 Million Investment from SECOM

SiliconHills

Eagle Eye Networks, specializing in cloud video surveillance, and Brivo, which provides cloud-based access control and smart space technologies, Wednesday announced it received a $192 million investment from SECOM CO., LTD. SEACOM, a security integration company, is investing $100 million in Eagle Eye Networks and $92 million in Brivo.

Cloud 106
article thumbnail

Leveraging Second-Hand Equipment For Capital Efficiency, Savings, And Sustainability

YoungUpstarts

The modern second-hand market can increase capital efficiency, help companies achieve profitability faster, and grow their business more efficiently. The post Leveraging Second-Hand Equipment For Capital Efficiency, Savings, And Sustainability appeared first on Young Upstarts.

Marketing 243
article thumbnail

My 25th Anniversary As An Online Entrepreneur

Entrepreneurs-Journey.com by Yaro Starak

In 1998 I registered my first domain name. It was MTGParadise.com, a website about the Magic: The Gathering card game I still played back then as a teenager. This was the first website I built that made money. I learned so much during this period, probably more than any other time in my life. At its best my new […] The post My 25th Anniversary As An Online Entrepreneur appeared first on Yaro.Blog.

article thumbnail

Follow-up On “Sell Your Startup in Public”

Hunter Walker

Got a lot of reactions to my last post about acquihires (specifically, lack of them) and how that might change the approach startups take to pursuing ‘soft landings.’ Wanted to clarify and respond to some of those questions, backchannels, etc. It’s often ok to just shutdown. I wasn’t suggesting that every founder/team/investors would prefer an acquihire to other forms of wind down, and definitely not that founders always “owe” their investors this attempt.

Startup 90
article thumbnail

Monday Motivation: You Don’t Need More Time…You Need More Focus

Hearpreneur

This motivational video is to help CEOs, entrepreneurs and business owners start the week off inspired to become great.

Video 112
article thumbnail

3 Reasons A Technological Push Could Benefit Your Business

YoungUpstarts

Technology in business is more important than it’s ever been. A technological push can give you an edge over your competitors. The post 3 Reasons A Technological Push Could Benefit Your Business appeared first on Young Upstarts.

article thumbnail

The 10 commandments of great Venture Capital investors

VC Cafe

I know what you’re thinking – ‘Another list of ten commandments? But fear not, this isn’t your typical sermon from the mount. I’ve been in the world of startups for 20 years and an investor for the past 10 years, but I don’t pretend to be an expert. In the world of startups and investing, we’re all just explorers, trying not to fall into the next hole in the ground.

article thumbnail

Protect your company secrets!

Berkonomics

Let’s create a use case. Most senior and middle level managers will understand when a subordinate comes to them to resign and begin a new business. But all will immediately question whether the new business will compete in any way with their enterprise and react to the future entrepreneur in either of two very distinct ways based upon those fears. Even more suspicious is the action of an employee who resigns suddenly without notice or explanation.

article thumbnail

The Emergence of Fractional CMOs: A Powerful Shift in Marketing

Duct Tape Marketing

The Emergence of Fractional CMOs: A Powerful Shift in Marketing written by John Jantsch read more at Duct Tape Marketing As businesses evolve and competition increases, the marketing landscape is changing significantly. Traditional marketing agencies have long been the go-to solution for businesses seeking marketing expertise. However, a new model is emerging that offers more strategic value: the fractional Chief Marketing Officer Plus (CMO+).

ChatGPT 75
article thumbnail

What Should Be Included On An Invoice For Freelancers?

YoungUpstarts

Sending out a professional freelance invoice will help get you noticed and cements you as an expert in your field. The post What Should Be Included On An Invoice For Freelancers? appeared first on Young Upstarts.

130
130
article thumbnail

Benchmarking LLMs performance

VC Cafe

The battle between the various large language models (LLMs) is heating up. I previously wrote about the big tech titans battling the area of AI supremacy , mainly Google vs. Microsoft (via OpenAI) and also the past, present and future of tech wars. The market share of chatbots, and LLMs (that will later on be sold to enterprises) will be heavily influenced by user perception.

article thumbnail

Code & Caviar

NZ Entrepreneur

In Founder Focus we introduce entrepreneurs and innovators working on our next generation of new business startups, social enterprises and small businesses. At a glance Founders: Ralf Klis & Lucas Tracewski Business: Code & Caviar Founded: 2021 HQ: Manawatu Can you tell us a bit about your business? Code and Caviar is a cutting-edge precision aquaculture startup that has revolutionised the mussel farming industry with an innovative management platform – Mussel App.

article thumbnail

10 Practices That Have Led To Multiple New Businesses

Startup Professionals Musings

Entrepreneurs who experience success with their first startup are often amazed to realize that the risks and fears of doing it right the second time go up, rather than down. Encores are tough, especially in the high-risk world of startups, yet every entrepreneur I know can’t wait to start over and do it again. Sometimes their haste or ego causes them to ignore basics, and they fall hard.

article thumbnail

Pros And Cons Of Call Center Outsourcing

YoungUpstarts

We look at a few pros and cons you can expect from call center outsourcing, as well as ways to minimize the risks associated. The post Pros And Cons Of Call Center Outsourcing appeared first on Young Upstarts.

130
130
article thumbnail

Weekend Favs May 13

Duct Tape Marketing

Weekend Favs May 13 written by John Jantsch read more at Duct Tape Marketing My weekend blog post routine includes posting links to a handful of tools or great content I ran across during the week. I don’t go into depth about the finds, but I encourage you to check them out if they sound interesting. The photo in the post is a favorite for the week from an online source or one I took on the road.