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6 Reasons Technical Expertise Does Not Make A Startup

Startup Professionals Musings

Some pundits argue that the E-Myth principle is now outdated, due to the instant access to information via the Internet, pervasive networking via social media, and courses on entrepreneurship at all levels of education. In this view the product features, cost, and support are the key to success. Hence most fail.

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5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

Image via Flickr by Phil Gyford Starting a new venture still costs real money, even though the entry price has come down dramatically in last few decades. For example, I come from a software background, and back in the early PC days, it could easily cost half a million dollars for a team of professionals to produce a commercial product.

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The Shift from FOMO to FOLD in Early Stage Investing

View from Seed

This led to a number of repercussions that most VC’s have lamented during this time, including higher prices, larger rounds, shoddy due diligence, and many companies raising large sums of venture capital that probably aren’t suited to VC funding. Firms will start to torture founders with endless diligence requests.

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Effective Management Techniques to Reduce Employee Turnover

The Startup Magazine

Perhaps it won’t be wrong to say these staggering numbers are a wake-up call for organizations to take employee retention seriously. Otherwise, they will (sooner or later) experience the resource drain, high overhead costs & low employee productivity. What Is Employee Turnover? So, let’s get started.

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Business Travel Decline Due To COVID And Environmental Concerns

YoungUpstarts

The reduction of the business trips of their employees goes in that direction. The global lockdown, due to the pandemic, has forced companies to digitize their operations. All employees can decide where to work and where to live. Companies will push employees to opt for virtual meetings instead of business trips.

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Technology, Innovation, and Modern War – Class 17 – Organizational Design – Safi Bahcall

Steve Blank

We just held our seventeenth session of our new national security class Technology, Innovation and Modern War. Joe Felter , Raj Shah and I designed a class to examine the new military systems, operational concepts and doctrines that will emerge from 21st century technologies – Space, Cyber, AI & Machine Learning and Autonomy.

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Third-Party Risk Management: What It Is And Why You Need It

YoungUpstarts

A strong third-party risk management strategy will increase transparency, streamline operations, and cut costs. Before you embark on a relationship with a vendor, perform your due diligence by screening the vendor for regulatory compliance, data security, reliability, and other factors that could make them too risky to work with.