June, 2018

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The Innovation Stack: How to make innovation programs deliver more than coffee cups

Steve Blank

Is your organization full of Hackathons, Shark Tanks, Incubators and other innovation programs, but none have changed the trajectory of your company/agency? Over the last few years Pete Newell and I have helped build innovation programs inside large companies, across the U.S. federal science agencies and in the Department of Defense and Intelligence Community.

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What Should You Send a VC Before Your Meeting?

Both Sides of the Table

One of the hardest things to know when you’re new to fund raising is what you’re supposed to send to an investor, when and will they keep your information confidential. As a VC and former entrepreneur let me offer you some advice. (This is part of a series on how to improve your fund raising game. The first post & the full outline if you click the link.

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Framework Benchmarks Round 16

TechEmpower

Now in its fifth year, the TechEmpower Framework Benchmarks project has another official round of results available. Round 16 is a real treat for anyone who likes big numbers. Not just in measured results per second (several metric crap tonne), but in number of tests measured (~1830), number of framework permutations tested (~464), number of languages included (26), and total execution time of the test suite (67 hours, or 241 billion microseconds to make that sound properly enormous).

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How to Develop a Successful Marketing Automation Strategy

ConversionXL

One of the worst things about marketing — aside from the endless supply of ill-fitting t-shirts at conferences — is the pressure to keep up with new trends, even if you don’t understand how they benefit your business or its customers. Case in point: Forrester’s first marketing automation forecast predicts that spend on automation technology will grow from $11.4 billion USD to $25.1 billion USD by the year 2023, saying marketers are still “in the early innings” of adopting the practic

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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

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One Reason Why Your Technical Recruiting Isn't Working

This is going to be BIG.

Time and time again, I hear how hard of a time startups are having recruiting, especially for software developers. While candidate quality is sometimes an issue, or culture fit, or some other quality, most of the time the issue is that the company just isn't getting enough people into the top of the funnel. When I was a startup founder, I had this same issue.

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4 Things Not To Skimp On When Starting A Business

YoungUpstarts

Starting your own business is a lofty goal with benefits like personal financial freedom, working in an industry you’re passionate about, and the ability to take time off when you’d like to spend time with family or handle other things in your life. However, if you want your company to be successful, you must remember that you need to spend money to make money. 1.

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All The Questions You Wanted Answered about Bird Scooters and Their Recent $300 Million Funding

Both Sides of the Table

My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market. Until recently it was headquartered 2 blocks from our offices in Santa Monica so we literally saw it emerge under our feet and we proudly invested in the last

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How to Avoid the 5 Most Common Small Business Accounting Mistakes

Up and Running

Managing income and expenses accurately is an important aspect of running a business successfully. Unfortunately, many small businesses make mistakes in their books, without even realizing the impact those mistakes can have on their long-term viability. No system is foolproof, but whether you’re running your books through an accounting system like Quickbooks Online or Xero , or using Excel spreadsheets, human error can be costly. .

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How to Better Manage Your Business’s Budget

The Startup Magazine

Businesses need to manage their money well to stay in business; this is a fact. Each year, out of all small businesses that fail, 82% of them do so because of cash flow problems. These problems can be avoided by eliminating unnecessary expenses , keeping accurate books, and sticking to a well-planned budget. Even if your business isn’t classed as a small business, more than one in two of all companies will fail because of cash flow related issues.

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Six Nudges: Creating A Sense Of Urgency For Higher Conversion Rates!

Occam's Razor

By every indicator available, ecommerce is continuing to grow at an insane speed. Although it may seem impossible to imagine with ecommerce already totaling up to 5% of overall commerce, there’s astronomical growth still to come. Still, I’m heartbroken that some the simplest elements of ecommerce stink so much. It is 2018—why are there still light gray below-the-fold add to cart buttons?

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Hyperlocal Marketing: A Tried And True Method For Successful Online Marketing

YoungUpstarts

Hope is a beautiful thing, but if you’re holding onto the dream of ranking for competitive national keywords, it’s time to let that one go. It’s not that you can’t do it; in theory, anyone can. But the reality is, SEO is a super competitive practice, and ranking for top keywords requires a marketing budget you probably don’t have. If you’ve been working with a marketer who says otherwise, they’ve taken you for a ride.

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5 Tips To Help Startups Find The Right Web Development Company

YFS Magazine

For non-technical startup founders the task of building a product that requires web development expertise can be daunting.

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Seed Deal Flow Tsunami And The Quick Kill

Haystack

If you read yesterday’s post, you can see just how insane the proliferation of seed financings have been. As a result, I personally cannot keep up with all the deal flow. This a common refrain among many seed investors in private. When I started investing and no one knew me, I would just invest in folks I knew well. There wasn’t a lot of noise for me.

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10 Reasons Why Your Marketing Plans Don’t Work

Up and Running

Gathering your team to plot out your next marketing campaign can seem daunting, especially for a new business. If you aren’t strategic and thoughtful about how you spend your money, you’re more likely to waste your money on campaigns and tactics that don’t work. . Here are the most common slip-ups when you’re trying to build effective marketing campaigns—and how you can address them: 1.

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Digital Business Ventures You Can Start with Very Little Money

The Startup Magazine

Starting a business is a dream that has become a reality to many people today. The advancements in modern technology have made it possible for just about anyone to turn their idea, hobbies, or professional skills into a lucrative opportunity. Perhaps you’ve rolled the idea of being an entrepreneur around in your mind, but feel it will never happen for you because you don’t have the money.

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Pokémon Might Become the New Smart City Urban Accessibility Master

Austin Startup

Image Description: Pokémon GO Logo with Pokémon Game displayed on a handheld mobile /phone. Pokémon GO Might Become the New Smart City Urban Accessibility Master Not just a child’s game anymore. For the estimated 53 million U.S. adults living with disabilities, moving through a city may feel like an obstacle course. Hilly terrain and elevated pathways can prove daunting for people with mobility disabilities.

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[ADV] Top 5 Handy Workplace Cleaning Products

YoungUpstarts

There aren’t many things worse than a dirty and unhygienic workplace. Whether you work in an office environment, a customer-facing environment (such as a retailer), or if your workplace is a bar or a restaurant, there is nothing more destructive to a working environment than poor and unsanitary conditions. From dirty, sticky surfaces to unpleasant and foul-smelling odours, all of these things can combine to make your working life miserable.

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How AI is literally helping Kiwi businesses grow

NZ Entrepreneur

The sooner we understand AI better, the sooner we can all benefit from its undeniable ability to transform businesses. This very minute, businesses have the potential to significantly change the way they operate. And it is up to us, as well as our partners and resellers, to help them understand the power of AI, and ways it can be implemented into their organisation.

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Quickly Unpacking Microsoft’s Acquisition Of GitHub

Haystack

Satya strikes again. After being installed in 2014 as Microsoft’s new CEO, Nadella has turned around the Seattle ocean liner on a new course after the Ballmer regime. With Microsoft’s stock price (and technology brand) soaring of late, Nadella and his team have not been shy, with blockbuster platform acquisitions like Minecraft and LinkedIn , innovative product scoops like Accompli for email and Sunrise for calendar, and rebranding its very active, SF-based venture arm as “ M12 ” to further its

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How to Manage the Stress of Starting and Running Your Own Business

Up and Running

Getting your business off the ground and keeping it going comes with many challenges. You’re balancing everything from coming up with the right business name, developing your marketing plans, and figuring out how to maintain customer satisfaction. But throughout your career as an entrepreneur, you’re going to need to prioritize healthy stress management.

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Virtual Data Rooms are not Just for Big Companies

The Startup Magazine

A virtual data room is abbreviated as VDR and is also referred to as a Virtual Deal Room. It is defined as an online repository of information for storing and distributing shared documents, and can be used during business transactions such as mergers and acquisitions and private equity and venture capital funding. They have historically been thought of a only a big company tool, but they can be a great tool for startups and small businesses as well.

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Your Guide to Google Search Console

Duct Tape Marketing

Your Guide to Google Search Console written by John Jantsch read more at Duct Tape Marketing. The video above is a replay of a recent live webinar I conducted. Combined with the text below you should have a pretty good feel for how to use the new Google Search Console. There is a tremendous amount of interest in Google tools, especially for small business owners because these are important tools and they change a lot, making them difficult to stay on top of.

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Pen And Paper vs. Keyboard And Screen: Which Is Better?

YoungUpstarts

Today’s technologies are all supposed to make our lives better, easier, safer. But one lost art form that has been proven to outperform innovation is old-fashioned handwriting. Writing with pen and paper probably seems as archaic as *69 or hieroglyphics… “With Google iCloud calendar right on my phone, why would I need to carry a planner?” “Typing is so quick.

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So, You Want to Speak at SXSW?

Austin Startup

The SXSW PanelPicker opens June 25th through July 20th for speaker proposals. Here are the 9 things you need to know to get a session at the March event. The coveted SXSW Speaker mic. Photo courtesy of SXSW. Here’s a shot from my 2018 SXSW Interactive solo-session. Sharing your ideas with a global audience grows your experience, network, and career.

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Innovator Behind a New Tech App That Makes it Effortless To Do Some Good

Hearpreneur

Giving back has never been this innovative. Leena Patidar is the brain behind a new tech app that makes it effortless to do some good this year by donating to a cause you’re passionate about. Coin Up is an innovative social impact app, enabling users to “round up and donate” their everyday credit or debit card transactions until reaching a self-designated monthly goal.

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7 Proven Tips to Make Your Consulting Website More Credible and Effective

crowdSPRING Blog

As a consultant, your success hinges on convincing others that you’re an expert in your field and that you can deliver real results for clients. Your web presence is often the very first impression your consulting business will make with a potential client. A well-designed website will inspire confidence and trust – two factors that turn leads into clients.

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3 Ways to Build Customer Loyalty for Your Startup

The Startup Magazine

Customers can make or break your startup. And customer loyalty is key. In fact, 82 percent of loyal customers are likely or very likely to keep shopping with a company or give the business another chance if something goes wrong. Additionally, 50 percent of loyal consumers would be willing to give a business a second and third chance after a mistake.

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Keys to Business Growth for Professional Services

Duct Tape Marketing

Keys to Business Growth for Professional Services written by John Jantsch read more at Duct Tape Marketing. Sure, people in professional services need to be good at what they do, but their audience hopes that’s a given. Sometimes even the best of the best have a hard time growing their business because they are so focused on the services they provide, they just don’t dedicate time to the growth of their company (or simply don’t know where to start to do that).

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How repositioning a product allows you to 8x its price

A Smart Bear: Startups and Marketing for Geeks

Pricing is often more about positioning and perceived value than it is about cost-analysis and unconvincing ROI calculators. As a result, repositioning can allow you to charge many times more than you think. Here’s how. You’ve created a marketing tool called DoubleDown that doubles the cost-efficiency of AdWords campaigns. You heard that right folks — as a marketer, you can generate the same impact, the same number of conversions, the same quality of sales leads, but with half

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3 Economic Rules Every Crypto Start Up Must Obey

Austin Startup

There’s a ton of people infusing cryptocurrency and blockchain into traditional businesses and asset classes claiming to have some revolutionary breakthrough when, in fact, the business value proposition is nothing more than, well, bananas. We see a lot of crypto start-up ideas that go something like this: “We’d like to put bananas on the block chain and trade them with utility tokens.

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How SAP is getting its SexyBack

deal architect

During a break in his concert at SapphireNow, Justin Timberlake took a tray full of shot glasses to every one on stage. It took him a while to hand them out as he said – “we have as many of.

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Be Careful Not to Lose Twice

Both Sides of the Table

There are times to fight. No great startup has been built without getting one’s knuckles bloody at times. This is especially true because incumbents now know how much is at stake when they let a startup get a huge head start in a market. So if you’re in a battle, if you’re right, if you feel confident you can win and importantly if the prize for winning is worth the fight?

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Epic Impact: Leading the Leaders

The Startup Magazine

Founded in 2014, Epic Impact has been tinkering with the best ways to develop and up-level the most abundant leaders on the planet. It all started when Jake Merriman, Ben Schemper and Zach Wagner came together to realize that they were looking for a solution that didn’t exist. They were looking for a community with a deep bond and shared values that could also serve them in their growth as leaders.

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How to Develop the Right Idea at the Right Time

Duct Tape Marketing

How to Develop the Right Idea at the Right Time written by John Jantsch read more at Duct Tape Marketing. Marketing Podcast with Allen Gannett. Podcast Transcript. My guest for this week’s episode of the Duct Tape Marketing Podcast is Allen Gannett. He is the CEO and co-founder of TrackMaven , a marketing insights platform. He and I discuss his new book, The Creative Curve: How to Develop the Right Idea at the Right Time.

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Hacking for Defense @ Stanford 2018 – wonder and awe

Steve Blank

We just finished our 3rd annual Hacking for Defense class at Stanford. Six teams presented their Lessons Learned presentations. Watching them I was left with wonder and awe about what they accomplished in 10 weeks. Six teams spoke to over 600 beneficiaries, stakeholders, requirements writers, program managers, warfighters, legal, security, customers, etc.

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The Entrepreneur’s Guide To 4 Categories Of Business Meetings

YoungUpstarts

by Dori Sella, author of “ Business Meetings that Work: 6 Steps to Increase Productivity “ Starting a business, whether it’s based on technology, a new marketing concept or a product is always exciting. Once you have gone past the initial stage of developing your idea and clarifying what your business is going to be, you will have many business meetings.

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