6 Ways To Win By Creative Partnering With Competitors

Startup Professionals Musings

Startup founders are known for their passion for their startup idea, and for their passion to kill every competitor. This example illustrates only the first of six potential growth wins provided by creative coopetition between startups, as well as larger companies.

5 Strategies For Startup Partnering To Win Long Term

Startup Professionals Musings

The new paradigm, driven by disruptive technologies, cloud-served supercomputing, and the new generation of young adults with global empathy, is partnering and giving something now for a competitive advantage in the future. Find partners who can do what you cannot do alone.

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Tips for Buying Gifts to Business Partners

The Startup Magazine

There are many ways in which you can show appreciation to your business partners, but one of the most effective ones is to get them a gift they would like. You’re bound to have business partners who love to keep everything smart and simple.

Checklist To Find The Startup Partner Of Your Dreams

Startup Professionals Musings

As an advisor to startups, I often get asked what to look for in an ideal co-founder or business partner. After some reflection, I now realize these attributes are necessary but not sufficient to be an ideal business partner. Other attributes of a great business partner, such as real experience and near opposite ends of the age spectrum, may actually be counter to ones you look for in a spouse. Too many entrepreneurs later see their partners as working against them.

7 Partner Relationships That Can Kill A Good Startup

Startup Professionals Musings

This would be a mistake, and could easily cost you your startup. If you think about it, you should realize that not everyone is ‘ideal partner material.’ Most of us learn that fact from other partner relationships, like dating and marriage. Second, in your search for partners, you need to be aware of the many considerations that can make the difference between success and failure in the business, as well as your satisfaction with the relationship.

7 Whirlwind New Venture Partner Marriages To Avoid

Startup Professionals Musings

This would be a mistake, and could easily cost you your startup. If you think about it, you should realize that not everyone is ‘ideal partner material.’ Most of us learn that fact from other partner relationships, like dating and marriage. Second, in your search for partners, you need to be aware of the many considerations that can make the difference between success and failure in the business, as well as your satisfaction with the relationship.

Tough Competitors Are Your Best Strategic Partners

Startup Professionals Musings

Every startup has a core competency which should not be shared. Both partners must not forget they are still competitors. Even for small companies, it is critical that all employees be well-informed about what skills, technology and information can be shared with their partner and what is off-limits. entrepreneurs startup strategic partners tough competitors Entrepreneurs seem to have blinders on when looking at competitors.

What Makes a Great Business Partner?

Both Sides of the Table

A while back when I was reading the press I saw a quote from Randy Komisar, a partner at Kleiner Perkins that was simple, yet profound. He was quoted as saying, “Being a great partner is as important as being smart or being right.”. What does it mean to be a great partner? When I think about partners I think about: integrity, loyalty, commitment, trust and knowing that somebody will be there for me in good times and bad. Being a great partner is being a mensch.

7 Ways That Startup Competitors Can Win By Partnering

Startup Professionals Musings

Every startup has a core competency which should not be shared. Both partners must not forget they are still competitors. Even for small companies, it is critical that all employees be well-informed about what skills, technology and information can be shared with their partner and what is off-limits. competitors coopetition entrepreneurs partners startupsEntrepreneurs seem to have blinders on when looking at competitors.

10 Key Traits Of An Ideal Entrepreneur Partner

Startup Professionals Musings

A while back I talked about how and where to find a co-founder in “ For a Startup, Two Heads are Always Better Than One ”. The feedback was good, but some readers asked me to be a bit more specific on attributes that might indicate an ideal startup partner. In this context, I’m broadening the definition of partner from co-founder to “business partner.” You may be too independent to be partner material. business entrepreneur partner startup traits

How Do You Determine Which Partners Will Fuel Your Success?

ReadWriteStart

Partners can extend a company’s reach, add new audiences, enhance its value, expand its capabilities, and even boost its reputation by association. The post How Do You Determine Which Partners Will Fuel Your Success? Deals Entrepreneurs Fintech Grow Lead Startups Structure business ceo Entrepreneur entrepreneurship leader partner partnershipMost leaders have been bombarded by the idea that business partnerships are vital to their success.

7 Reasons To Turn The Enemy Into A Strategic Partner

Startup Professionals Musings

Every startup has a core competency which should not be shared. Both partners must not forget they are still competitors. Even for small companies, it is critical that all employees be well-informed about what skills, technology and information can be shared with their partner and what is off-limits. business competitor partner strategyEntrepreneurs seem to have blinders on when looking at competitors.

10 Keys To Finding That Perfect-Fit Business Partner

Startup Professionals Musings

Thus I find that two heads are usually better than one in a startup. Way back in the early eighties, I had the privilege of working with Bill Gates and Steve Ballmer, when Microsoft was still a startup. The challenge is how to find that elusive perfect-fit partner. As a mentor to aspiring business owners, I often get asked to find that partner for them, since founders are usually too busy with their solution. In fact, your ideal partner may also be an investor.

How VCs Think About Adding New Partners

Both Sides of the Table

After years of trying to persuade Kara Nortman to become a partner at Upfront Ventures I can officially announce now that she’s joined us effective immediately. It is rare to find somebody who matches exactly what I’m looking for in a partner so when you find it you act: Academic rigor (Princeton undergrad, Stanford MBA). Startup CEO experience (Founded P.S. XO along with my good friend Soleil Moon Frye.

Entrepreneurs With A Great Idea Need A Great Partner

Startup Professionals Musings

It only takes one person come up with a great startup idea, but in my experience as an investor, it’s a rare entrepreneur who has all the skills and resources to build a business as well as a solution. Yet I meet inventors and startup founders every week who balk at the thought of sharing the founder position. In my view, it’s a key reason that 90 percent of startups fail to launch. Consider relocating to a more startup-friendly environment.

A Startup Partner Needs More Than a Good Resume

Startup Professionals Musings

A while back I talked about how and where to find a co-founder in “ Ten Steps in Choosing the Right Startup Partner ”. The feedback was good, but some readers asked me to be a bit more specific on attributes that might indicate an ideal startup partner. In this context, I’m broadening the definition of partner from co-founder to “business partner.” You may be too independent to be partner material.

Kara Nortman Was Just Promoted to Co-Managing Partner at Upfront Ventures. Here’s What it All Means

Both Sides of the Table

Today we’re announcing that my partner Kara Nortman is becoming Co-Managing Partner at Upfront Ventures and I can’t tell you how thrilled I am to welcome her to her new role. Please help me welcome Kara into her role as Co-Managing Partner.

Ten Steps in Choosing the Right Startup Partner

Startup Professionals Musings

Even experienced entrepreneurs need a partner to strengthen their position. The question is how to find that elusive perfect-fit partner. First, I will admit there is no magic formula here, just like in real life when trying to find a relationship partner. But from my own experience, and input from others, there are useful approaches that will improve your odds of success: Define the ideal partner. Join online “dating” sites for business partners.

Street-Smart Entrepreneurs Need High-Tech Partners

Startup Professionals Musings

Should they go after high-tech nerds for partners, or professional technologists? The right answer for a good business partner today is neither of the above. Startups succeed most often when the founding partners know how to build and run a business, rather than how to build and run technology. I find that many entrepreneurs are so passionate about their own idea that they can’t stop selling it to potential partners.

What Do My Partners REALLY Care About When You Pitch Them?

View from Seed

When a company is pitching a VC, there is typically one partner who is the advocate for the deal and is shepherding the process. Part of what I like about working with my partners is that I really believe that our collective decision-making is better than our decision-making as individuals. So here are the ares that my partners tend to hone-on on, and some thoughts on how to address them. My partner Lee is great at zooming way out and then zooming way in.

An Easy Guide for Perfect UI UX Development Partner for Mobile App

ReadWriteStart

Why should you hire a UI UX Development Partner? Now that you know how a professional UI UX designer may help you to gain all those amazing benefits, let’s check out how you may find the perfect designing partner for your web app and mobile app. As StartUp, it is a vital thing!

10 Partner Qualities to Test Before Sharing Equity

Startup Professionals Musings

A while back I talked about how and where to find a co-founder in “ For a Startup, Two Heads are Always Better Than One.” The feedback was good, but some readers asked me to be a bit more specific on attributes that might indicate an ideal startup partner. In this context, I’m broadening the definition of partner from co-founder to “business partner.” You may be too independent to be partner material.

Equity 197

Elizabeth Yin Founder & General Partner At Hustle Fund, Founder LaunchBit Sold To BuySellAds.com (VC EP8)

Entrepreneurs-Journey.com by Yaro Starak

Elizabeth Yin is the co-founder and General Partner of a venture capital firm that, and I quote from their website, invests in “hilariously early startups” Hustle Fund typically invests $25,000 as a starting point into startups that have yet to show any revenues.

[Interview] Christopher Kape, Vancouver Executive, President of JAMCO Capital Partners

YoungUpstarts

Vancouver executive Christopher Kape is an entrepreneur and venture capitalist who founded JAMCO Capital Partners , an early-stage investment and strategic advisory firm that focuses on a number of industries, including gaming, high-tech, food and wellness.

Announcing Upfront Ventures’ Newest Partner — Kobie Fuller

Both Sides of the Table

Kobie Fuller, Partner at Upfront Ventures We set out to build a venture capital firm that would not only be a beacon for the rapidly growing LA tech ecosystem but also one that would compete and collaborate nationally with the best firms in the country. To do that you need to have the most talented partners and operating staff because entrepreneurs (and venture capital funds) have choices about whom they will work with and the best deals go to the best firms.

6 Traits to Look for When Choosing a Business Partner

Up and Running

Finding a business partner. We turned to the experts at the Young Entrepreneur Council for their advice on what to look for in a potential business partner; here are the six areas they said were most important. 6 essential traits to seek in a potential business partner. Let’s start with the obvious—the last thing you want is a partner that can’t be counted on. “A Beyond skill sets, look also for partners with complementary personality traits.

Bolstering the Partner Ranks at GRP

Both Sides of the Table

It is with great pleasure that I can finally announce that we have added Greg Bettinelli as a partner at GRP Partners. He had joined a young startup in LA called HauteLook and was interested in getting to know the local tech community. I always tried to be respectful of his time because he had a day job but he was always happy to attend dinner sessions, take a quick call from a startup or grab a coffee. This is exactly the brand that GRP Partners wants to embody.

Ten Attributes of Your Ideal Business Partner

Startup Professionals Musings

A week ago I talked about how and where to find a co-founder in “ How to Select an Ideal Startup Co-Founder ”. The feedback was good, but some readers asked me to be a bit more specific on attributes that might indicate an ideal business partner. In this article, I’m broadening the definition of partner from co-founder to “business partner.” You may be too independent to be partner material. Partner decisions are more important than hiring decisions.

How to Find a Business Partner

Up and Running

You don’t have to do everything yourself—a partner can be an asset to your business. For this reason, you might consider working with a business partner. Not only does having a business partner distribute some of the work, it gives you someone to bounce ideas off of, the benefit of an additional skill set, and a colleague who feels as passionately about your business idea as you do. But, how can you find and cultivate a business partner relationship like that?

[INTERVIEW] Mark Attanasio, Toronto Financial Services Executive, Managing Partner Of Hillcrest Merchant Partners

YoungUpstarts

Today, Mark Attanasio gets to flex his full range of expertise and interests as co-founder and Managing Partner of Hillcrest Merchant Partners, a Toronto-based merchant bank focused on early stage and mid market growth companies. Hillcrest Merchant Partners concentrates on investing their own capital in early stage companies, and advisory areas that include equity and debt structuring, reverse takeovers, M&A advisory and private to public processes.

Burning Platform: Startup Communities

deal architect

In the 34th (today) and 35th (tomorrow) episode of the series we have Brad Feld, Founding Partner, Foundry Group and Ian Hathaway who leads the global ecosystems business at Techstars, In the episode below, they discuss their book, The Startup.

Welcoming the Newest Partner to Upfront Ventures

Both Sides of the Table

Today is amongst the proudest days I’ve had at Upfront Ventures — getting the chance to announce that Kevin Zhang has been promoted to Partner. We also look for a cultural fit with Upfront, which includes the gravitas to deal with executives and founders at the startups we back as well as the other board members. We are sparring partners, not “deciders.” years and he has definitely earned the trust and respect of all of his peer group of Partners at Upfront Ventures.

NextView Partners Discuss the State of the Market In a Covid-19 World

View from Seed

The process of getting to know a new team and getting to know a startup is just different when all you can do is talk through Zoom. The post NextView Partners Discuss the State of the Market In a Covid-19 World appeared first on NextView Ventures.

[Singapore] ACE Appoints 12 Funding, Incubation Partners

YoungUpstarts

Singapore-based Action Community for Entrepreneurship (ACE) announced late last week during business competition ideas.inc that it has identified 12 partners to assist in helping at least 100 new and aspiring entrepreneurs over the next three years get off their feet and start businesses. The 12 partners, who mainly come from the educational sector, looks to provide funding and mentorship support and help these first time entrepreneurs grow their ideas into sustainable businesses.

Should You Hook Up With A Partner Or Stay Single?

YoungUpstarts

One of the most important decisions every business owner have to deal with during the initial stages is whether to find a business partner or not. What I’ll do is lay down the advantages and disadvantages of having a partner, and I’ll leave it up to you to decide which path to take. Partnerships have a lot of benefits, that why it is the most preferred business structure for startups. A business partner brings in a lot to the venture more than an extra pair of hands.

Forward Partners new logo

The Equity Kicker

It’s great to finally have an icon, I love the way we’ve shifted the emphasis to the ‘Partners’ in Forward Partners and, last but not least, the process we went through is a great example of how we work. Forward Partners is all about helping our partner companies succeed. One of the ways we get better at that is looking for ways that startups can execute with high quality at startup pace with minimal resources. Forward Partners

Future Business Growth Drives A New Partner Paradigm

Startup Professionals Musings

The new paradigm, driven by disruptive technologies, cloud-served supercomputing, and the new generation of young adults with global empathy, is partnering and giving something now for a competitive advantage in the future. Another new partnering model is the IBM Watson Group $1 billion investment to share cloud-based development and super-computing tools. A partnership was just announced with the City of New York, to connect and grow NYC''s startup ecosystem.

[Interview] Donato Sferra Of Toronto’s Hillcrest Merchant Partners

YoungUpstarts

Today, Sferra leads Hillcrest Merchant Partners, a Toronto-based merchant bank and venture capital firm focused on early stage and mid-market growth companies, which he co-founded with fellow managing partner, Mark Attanasio. Hillcrest Merchant Partners is already involved with some of the top companies in the cannabis space. They were startups just six years ago and some have already evolved into multi-billion dollar companies.

VC Partner Sweet Spot: The Always-Sometimes-Never Rules for Pitching the Right Investor

View from Seed

Start with the firms of whatever city you’re in that have a history of investing in the stage and sector of your startup, then augment with additional firms outside your home geography which may have a strong particular fit with your company. Yet once the right firms are identified, I believe that the tougher challenge is to determine which partner at these firms to approach. Most firms have anywhere from a couple to up to a dozen or more partners listed on their websites.

How to Pick a Partner Who Will Amplify Your Efforts

Startup Professionals Musings

The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk. In fact, I would broaden the definition of partner from co-founder to “business partner.” The reason is that good attributes apply equally well to “external” partners, as they do to internal partners, like a co-founder or CTO. Some people are too independent to be partner material. Neither partner needs to be managed.

SHN’s Tech Talk Tuesday on Clubhouse to Feature Morgan Flager, Partner with Silverton

SiliconHills

Morgan Flager, general partner of Silverton Partners, will join the Silicon Hills Tech Talk Club to discuss startups and venture capital funding in Austin. 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.,

Sana Partners with Proactive MD to Open a Health Care Clinic in Austin

SiliconHills

Skyrocketing health care costs is a problem Sana, a health care startup, has set out to solve since its founding in 2017. Austin health care ProactiveMD Sana startups

Non-Technical Entrepreneurs Need the Right Partner

Startup Professionals Musings

The simple answer is to find a business partner, not an “implementer,” who already has the technical experience you need, and is willing and able to run that side of the business. If you are an entrepreneur, like Andrew Mason , CEO of Groupon, with a degree in music and no technical business partner to be found, your job is a bit harder. Focus on finding the right partner to double your strength rather than dilute it. hiring entrepreneur startup CEO business