How Minnesota Became the Land of 10,000 Startups

ReadWriteStart

Minnesota is no stranger to big business. It’s home to such names as Target, Best Buy, General Mills, and Ecolab — all of which have made their homes in Minnesota for generations and have become a source of pride. But a new industry — technology — is taking Minnesota by storm, boosting the local economy […]. The post How Minnesota Became the Land of 10,000 Startups appeared first on ReadWrite. Startups minnesota startups twin cities

University of Minnesota Commencement speech – May 10th 2013

Steve Blank

Minnesota is a wonderful place to hunt, fish, canoe, raise kids, and pursue lots of interests other than just your job. University of Minnesota Science and Engineering alumni have founded more than 4,000 active companies, employing over ½ million people and generating annual revenues of $90 billion. They struck out across the country and ended up here in Minnesota. I am honored to be with you as we gather to celebrate your graduation.

Minnesota Office Furniture: How High-Quality Furniture Helps Productivity In The Workplace

YoungUpstarts

High-quality furniture from Minnesota might cost more money than cheap furniture, but you can maintain productivity, knowing that it won’t break as easily as its cheap counterparts. The post Minnesota Office Furniture: How High-Quality Furniture Helps Productivity In The Workplace appeared first on Young Upstarts. Several factors affect productivity in the workplace. Anywhere from the corporate culture to the temperature levels can influence efficiency.

University of Minnesota Commencement speech – May 10th 2013

Steve Blank

Minnesota is a wonderful place to hunt, fish, canoe, raise kids, and pursue lots of interests other than just your job. University of Minnesota Science and Engineering alumni have founded more than 4,000 active companies, employing over ½ million people and generating annual revenues of $90 billion. They struck out across the country and ended up here in Minnesota. I am honored to be with you as we gather to celebrate your graduation.

Students To Make Biodegradable Plastic Bags A Reality

YoungUpstarts

Using technology developed by University of Minnesota biochemist Simo Sarkanen from its Department of Bioproducts and Biosystems Engineering , the four students started their company after creating a business plan around the technology for an entrepreneurship class. Ideaspotting biodegradable cycleWood Solutions Inc eco-friendly greentech Office for Technology Commercialization University of Arkansas University of Minnesota

JonnyPops – Frozen Pops Business Comes Into Fruition

YoungUpstarts

“ JonnyPops is a homegrown Minnesota company,” says Wray. After Jeffrey died in 2010 from the effects of a drug addiction, Brust decided to act upon the idea that the two had discussed, naming the business after Jeffrey and pledging to donate a portion of the profits to the Hazelden Foundation , a Minnesota-based addiction treatment center. Feature Story Entrepreneurship JonnyPops Minnesota St Olaf College student entrepreneursby Catherine Monson.

Friday, Saturday and Sunday of SXSW

Austin Startup

sxsw learning drinking minnesota austinWhat a whirlwind of two days. It feels like I have been here a week and an hour all at the same time. I am writing this as I sit on the… Continue reading on Austin Startups ».

Driving As A Courier Or Delivery Person

YoungUpstarts

You need to pay out for things such as driving tuition, a Minnesota Permit Practice Test if you live in the Land of 10,000 Lakes for example, and the final test before you can take to the road as a fully qualified driver. If you are thinking of becoming a courier or delivery driver in the Minnesota area, you need to decide whether you want to work for yourself or for a company. Working for a Minnesota company is less risky than setting yourself up as an independent driver.

Austin-based HealthTronics Acquires HealthTech Solutions

SiliconHills

Austin-based HealthTronics this week announced it has acquired Plymouth, Minnesota-based HealthTech Solutions. The financial terms of the deal were not disclosed.

What Cities Will Be Hot for Entrepreneurship in 2011?

ReadWriteStart

Image credits: Minnesota Historical Society (via Flickr ). Here at ReadWriteStart, we frequently profile cities outside Silicon Valley that are thriving hot-spots for tech entrepreneurship.

3 Ways To Prevent Employee Fraud And Theft In Your Startup

YoungUpstarts

In Minnesota, for example, someone convicted of embezzlement will face up to 20 years in jail and/or a maximum fine of $100,000 for items valued over $35,000. Startups are prime targets for fraud. In 2010, 42% of fraud cases occurred in privately held companies, according to the Association of Fraud Examiners. The majority of those cases involved companies with fewer than 100 employees. To make matters worse, the average fraud continued on for a year and a half before being discovered.

3 Tips For Creating A Clear Vision To Ensure Business Success

YoungUpstarts

John Collopy, author of “ The Reward of Knowing “, is the owner and broker of RE/MAX Results and its subsequent 38 offices across Minnesota and Wisconsin. by John Collopy, author of “ The Reward of Knowing “ Running a business is similar to taking a family vacation. To be successful, both require meticulous planning, clearly defined roles for everyone involved, and a predetermined destination.

Does Your Small Business Need Workers’ Compensation Insurance?

YoungUpstarts

by Veronica Baxter. Perhaps. Statutory workers’ compensation laws are particular to each state, but in general, businesses having employees that are not large enough to self-insure must carry workers’ comp insurance. The number and type of employees triggering the workers’ compensation insurance requirement varies, and each state has different exceptions to that requirement. The Number of Employees You Have Matters.

Two New Techstars Programs – Mobility/Detroit and Techstars++/Mayo Clinic

Feld Thoughts

And – if you missed it, Techstars also launched a new program with the Mayo Clinic in Rochester, Minnesota called Techstars++ with the Mayo Clinic. I’m fascinated with Detroit. When I was there in October 2012 with my partners Ryan and Jason to run the Detroit Marathon we talked about the idea of getting more involved there in some way. Jason grew up in Detroit and has lots of stories there. He goes back regularly to visit his parents and Ann Arbor where he went to school.

Startup Feature: Security Expert Jay Hart talks Community Safety App MCALERT

The Startup Magazine

We are currently operating in California, Minnesota, New York and Florida and we just launched out new app making it easier for people to sign up — it’s available on both Android and iPhone devices as well as our website. Jay Hart , a retired 30-year veteran of the Florida police force, has spent the last decade helping communities push information to residents with his public safety focused MCALERT app.

Onward And Upward: Your Relocation For Work Guide

YoungUpstarts

Minnesota. Did your dream job make an offer? It’s everything you want it to be – except it’s in another city, state, or even country altogether. Around 11% of all job seekers in 2018 relocated. The next person to make the big move could be you! Relocation for work is a serious business. In addition to the obvious advantages of the new position, there are social, professional and tax ramifications tied to relocating for a job. It can be exciting as well as stressful.

Power Up For Yourself And Everyone Wins

YoungUpstarts

A top communication coach and speaker, Roshini has become the go-to person for business executives, authors, athletes and politicos who want to make an impression — clients include the Minnesota Vikings, Wells Fargo, Great Clips, Boston Scientific, and Community Reinvestment Fund. by Roshini Rajkumar, founder of The Roshini Performance Group and author of “ Communicate That! “ It’s almost the end of 2011.

Getting Lean in Education – By Getting Out of the Classroom

Steve Blank

Don then recruited Karl Smith from the University of Minnesota to pilot a class of 9 teams made up of STEM educators. This week the National Science Foundation goes Lean on education by providing $1.2 million to educators who want to bring their classroom innovations to a wider audience. ——– The I-Corps program started when the U.S. National Science Foundation adopted my Lean LaunchPad class.

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What Is the Difference Between Business Ethics and Social Responsibility?

Board Effect

Consultants Doug Wallace and John Pekel from the Twin Cities in Minnesota say that business ethics are critical in times of fundamental change such as we are in now. The goal of business is to get the maximum profit for owners and shareholders. That’s a simple statement that doesn’t describe how companies can and can’t go about their business. The pursuit of profitability doesn’t give companies the liberty to override the law or harm groups or individuals in the process.

How One Family Started a Successful Online Halloween Business

Up and Running

The Fallenstein family started making and renting a dozen Halloween costumes from their Minnesota garage, and the small business sparked a lot of interested in the little town of Mankato. HalloweenCostumes.com is located in North Mankato, Minnesota with a surrounding population of about 55,000. Interested in starting a holiday-specific business? We talked with Tom Fallenstein, president and CEO of HalloweenCostumes.com to hear the story of his family business.

Can You Track An Employee’s Cell Phone Without Installing Software?

YoungUpstarts

In some states, such as Texas, Virginia, Minnesota, and Tennessee, tracking company vehicles without the owner’s consent is deemed illegal. Being able to track your employees makes good business sense, especially if they are not tied to a desk or an office. If you employ a sales staff or have employees who work remotely or at home, you may need a way to track their location.

A Poor Investment? VC Firm Targets the “Underbanked”

ReadWriteStart

The Minnesota-based VC firm has raised $45 million in funds it plans to use to back startups that give low-income consumers somewhere to go for financial services other than the local check-cashing shop. “We There’s a lot of money in poor people. KPMG reports that America’s 88 million consumers who are “unbanked” (no bank account) or “underbanked” (no credit) earn $1.3 trillion a year. At least one venture capital firm is out to make money helping them out.

Regulatory Tips for Medical Tech Startups Regulated by the FDA

ReadWriteStart

For example, in December 2018, Minnesota-based medical device manufacturer ev3 agreed to plead guilty and pay $17.9 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.

It's time for lean philanthropy: a case study

Startup Lessons Learned

Minneapolis, Minnesota: Cars line up at a drive-thru food pantry. I’ve long been an advocate of using Lean Startup principles to advance non-profits and philanthropic organizations, whose work is so urgently needed at this moment in history. As in many areas of the crisis, I have seen a number of new organizations founded to help alleviate hunger and food insecurity in the wake of COVID-19. SF New Deal and Frontline Foods were early leaders.

Lean 95

Top 10 Worst DIY Tricks SMBs + Tech Users Take To Recover Data From Damaged Computers, Hard Drives And Mobile Devices

YoungUpstarts

Jeff Pederson utilizes his strong data recovery engineering background to manage the remote data recovery operations and Minnesota lab team for Kroll Ontrack ( www.krollontrack.com ). by Jeff Pederson, Kroll Ontrack. When starting a new business, it is wise to develop a response plan in the event that you lose your company’s data. Functioning a business without critical data not only delays operations, but can stall potential revenue.

Making The Case For Baby Boomer Entrepreneurs

YoungUpstarts

Rudy Simondi is an experienced retail executive and the founder and CEO of FLIPS, a comfort and fashion-focused flip flop retail franchise with a flagship located at the Mall of America in Bloomington, Minnesota. By Rudy Simondi, founder of FLIPS and a proud Baby Boomer. Retirement is hypothetically just around the corner for the Baby Boomer generation. And yet, many are debating if they want to actually settle down after retirement or continue working.

Start The Learning Journey: Seven Ways To Turn Your “Smart” Kids Into Great Learners

YoungUpstarts

Another great way to find learning development resources is to search for materials on the websites of reputable education and psychology departments, such as those at Stanford University, Johns Hopkins University, Carnegie Mellon University, Harvard University, and the University of Minnesota. by Edward D. Hess, author of “ Learn or Die: Using Science to Build a Leading-Edge Learning Organization “.

Leading Choices In Manual And Smartphone Employee Management Tools

YoungUpstarts

When I Work, a company headquartered in Minneapolis, Minnesota, is fast growing employee management application founded in 2010. Managing employee schedules and their method of clocking in and out has grown easier and more reliable this year. Below are two leading choices in employee time clock technology: When I Work. When I Work takes advantage of the fact that nearly three quarters of all Americans and that 92% of Americans aged between 18 and 29 years old have smartphones.

What the Scrambling Quarterback Says About Business Planning

Up and Running

That post on smallbizclub.com was written by Pro football hall-of-gamer Fran Tarkenton, who was famous for scrambling as quarterback of the pro football Minnesota Vikings and New York Giants, back in the 1970s. I was delighted to catch Sometimes You Have to Scramble in my blog feed yesterday.

Join a conference simulcast near you

Startup Lessons Learned

Michigan: Detroit Van Buren Minnesota: Minneapolis Missouri: Kirksville Montana: Bozeman Helena Missoula Pablo Nebraska: Lincoln Omaha Nevada: Las Vegas, /usr/lib, 520 Fremont St Las Vegas, CHSI Technologies, 770 Pilot Rd. One of the most important things we do with The Lean Startup Conference is make a livestream of the plenary talks available for free to groups around the world, supporting entrepreneurship communities everywhere.

[Review] How Children Succeed

YoungUpstarts

Through research in Minnesota, we learned that early parental care was a more accurate predictor of the graduation rate of students relative to IQ or achievement-test scores. What is the secret to long-term success? Why do some kids do well while others falter as they journey through life?

Austin Inno’s Brent Wistrom Covers the City’s Most Exciting Entrepreneurs

Austin Startup

As for Wistrom’s background, he grew up in Minnesota, got a journalism degree at UT and worked as a crime, political and investigative reporter for several daily newspapers before joining Inno.

How to Create a 501(c)(3) Organization

Board Effect

See this template of the articles of incorporation from Minnesota Council of Nonprofits. In the beginning, it’s easier to learn how to create a 501(c)(3) than most people think. Section 501(c)(3) is part of the U.S. Internal Revenue Code that provides exemptions of federal taxes for qualifying nonprofit organizations. The IRS, under the U.S. Department of the Treasury, regulates and administers nonprofit organizations.

How To Improve Customer Service? Hiring Is Just The Start.

YoungUpstarts

Here’s a quick example from, in this case, the world of healthcare customer service: The Mayo Clinic is an extraordinary institution that has transformed what would be the middle of nowhere (Rochester, Minnesota) into a Mecca of healing known worldwide.

How to Start a Food Shelf in Your Community

Up and Running

It serves 600 families per year living in the suburbs surrounding Minneapolis, Minnesota. Neighbors assists about 550-600 families per year through its food shelf, which serves seven communities in northern Dakota County in Minnesota. Hunger is a mounting problem in the U.S and abroad. In the U.S., million Americans lacked access to a sufficient amount of affordable and nutritious food, according to Feed America.

Turning the microphone over

Startup Lessons Learned

Even now, Target leaders are assembling community members, partners and local officials to help identify what more we can do together and what resources are required to help families, starting right here in Minnesota. Like so many of us, I have struggled these past few days with what to say about the heartbreaking injustice that has shaken our country. This struggle pales in comparison to what the Black community is suffering through.

10 Tips for Startups and Small Businesses on Naming Your Company

crowdSPRING Blog

One great example is Minnesota Manufacturing and Mining. Initially, the name worked because the business was focused on Minnesota. But once the company grew beyond their industry and the state of Minnesota, they needed to find a new name – 3M.

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Sponsoring and promoting women and minorities in tech

Austin Startup

Many years ago I was sponsored by a small business owner in Minnesota who believed in me. By the time I left this job to move to Texas (Minnesota winters are long and harsh), I had developed a few web applications, a couple of desktop apps, and an automated process which helped increase the revenue of this business and it also created new revenue streams and offerings to new and existing clients.

Planning Your Fund Raising — “Measure Twice, Cut Once”

Both Sides of the Table

If you’re talking with a firm that mostly only invests in the San Francisco Bay Area and you’re in Minnesota, you’re probably wasting your time for a seed or A round unless you find somebody at that firm who is from Minneapolis and comes home 2–3x / year already. There is an old management saying, “measure twice, cut once” which refers to the benefit of doing some planning. It’s the antithesis of “ready, fire, aim” which seems to be so prevalent in today’s society.

LP 204

5 Things to Consider When Opening a Car Dealership

Up and Running

These states are Connecticut, Massachusetts, Minnesota, New Jersey, New Mexico, and New York. Opening a car dealership requires careful planning. Aspiring dealers must take into account the specific legal requirements they will need to comply with to open a dealership in their state.

Twitter, Jobs, Democracy & The US Elections

Both Sides of the Table

The event’s Tweetnote will be Tim Pawlenty at 9.15am PT, who is a candidate for the Republican party and is the former governor of Minnesota. I recently wrote a post about the open nature of Twitter and why I’m long on its future. I know it’s easier to write “horse race&# stories about who’s signing up more users, raising more funding or who’s “hot&# lately.

Business Owners Share Their 2015 New Year’s Resolutions

Up and Running

Kristi Piehl, founder and CEO of Media Minefield, a communications firm based in Minneapolis, Minnesota, has a great example of how to do this. 2015 is here, and you’ve got plans for your business. It’s that time of year again—you’ve no doubt been spending time on vacation and with your loved ones, and now it’s a new year and you’re getting back into the swing of things. Of course, being an entrepreneur, you’re also doing some reflection. How did 2014 go for you?

12 Questions: Meet Connie Carlson (USA)

crowdSPRING Blog

Connie lives and works in Northern Minnesota. My husband of 23 years and 22 year old son and I live in beautiful Northern Minnesota and own a small hobby farm in the country, close to beautiful Lake Superior. We have lived in Northern Minnesota our whole lives and enjoy the beautiful yet rugged country and the +10,000 lakes Minnesota has to offer. In our 12 Questions blog series, we feature interviews with someone from the crowdSPRING community.