October, 2023

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4 Keys To A Successful Integrity Check With Investors

Startup Professionals Musings

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. This is the mysterious and dreaded due diligence process, which can kill the whole deal. In reality, it is nothing more than a final integrity check on all aspects of the business and the team.

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Leaving Government for the Private Sector – Part 1

Steve Blank

Laura Thomas is a former CIA operations officer. Reading how she moved in 2021 from CIA ops into a quantum technology company offered insightful career transition advice for those leaving her agency. Most of her lessons were applicable to any government employee venturing out to the private sector. Below is the first of her three-part series. —- At least a few times a month, people looking to jump ask about my transition, which has led to me consolidating my answers below.

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NextView’s Investment in Sincera: Simplifying Digital Advertising with Metadata

View from Seed

Deep Domain Expertise at the Helm Sincera Founders Mike O’Sullivan and Ian Meyers bring to the table a rich expertise and domain knowledge in the ad tech space. Their extensive experience, spanning tenures at LiveRamp, Index Exchange, Roku, Criteo, Microsoft, and AppNexus, provides both technical and strategic depth to the company. But it was the glowing endorsement from industry peers of Mike and Ian as a “can’t miss duo” and “the absolute best ad tech product people” which resounded du

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How to Hire a Remote Software Development Team

ReadWriteStart

With the rapid shift in the digital space, there has been a high demand for skilled software developers. Interestingly, the traditional hiring model is no longer the only option to get your team, as the emergence of remote work has ushered in a new era of talent acquisition, where geographical boundaries no longer limit your choices. Hence, this article will explore the concept of remote software development teams, their advantages, and how they differ from dedicated teams while providing a step

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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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27 Entrepreneurs Share Tips on Building an Ecommerce Business

Hearpreneur

Building a successful e-commerce and business venture requires a strategic approach that encompasses various elements. From crafting a compelling brand identity to mastering digital marketing, it's a multifaceted journey that demands careful planning and execution. A robust plan serves as a roadmap for your e-commerce venture, helping you stay focused and make informed decisions as your business evolves.

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A heartbreaking story about time and money.

Berkonomics

First, think about your time as money! We’ll get to my heartbreak in a minute. But first… There is a relationship between time and money that is more complex than most managers think. Fixed overhead for salaries, rent, equipment leases and more make up the majority of the “burn rate” (monthly expenses) for most companies. Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues.

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Leaving Government for the Private Sector – Part 2

Steve Blank

Laura Thomas is a former CIA operations officer. Reading how she moved in 2021 from CIA ops to a quantum technology company offered insightful career transition advice for those leaving her agency. Most of her lessons were applicable to any government employee venturing out to the private sector. Below is the second of her three-part series. Read part one here.

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From Couch Commuters to Digital Nomads: Guide to Launching a Business with Remote Workers

The Startup Magazine

Mastering remote business has gone from unique selling point to necessity in today’s increasingly remote work world. Welcome to the future of work where employees may reside anywhere from Bali to Boston or Barcelona – how can you tap into this global talent pool to create your own successful enterprise with remote workers? Photo by Windows on Unsplash The Business Plan: Writing Your Roadmap to Success.

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A Guide to Grow Your Tech Startup

ReadWriteStart

New startups are created every day – each with fresh ideas and solutions. However, the reality is stark: up to 90% of startups fail, with the average failure rate for the first year standing at 10%. But as time progresses, the odds get even more challenging. In the span from the second to the fifth year, a staggering 70% of new businesses crumble. With such daunting statistics, it’s clear that maintaining a startup becomes an uphill battle for founders without the right foundations.

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25 Entrepreneurs Explain Their Motivation to Grow Their Business

Hearpreneur

Being an entrepreneur or business owner has its share of ups and downs. While the downs can be pretty low the ups always seem to triumph for a true entrepreneur at heart. Milestones are what entrepreneurs and business owners work towards. Once you finally reach a certain point then reflection can truly begin. Finding the motivation in growing your business keeps it from becoming stale in the long run.

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Beyond the Buzzwords: Learn How to Develop Your Writing Voice

Duct Tape Marketing

Beyond the Buzzwords: Learn How to Develop Your Writing Voice written by John Jantsch read more at Duct Tape Marketing Marketing Podcast with Anne Janzer In this episode of the Duct Tape Marketing Podcast , I interviewed ​​Anne Janzer, a nonfiction book coach and author of multiple books on writing and marketing. Human behavior and cognitive science fascinate her, and she is always searching for clues to improve our communications.

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7 Steps To A New Business From An Innovative Solution

Startup Professionals Musings

Most technical entrepreneurs focus hard on building an innovative product, but forget that an elegant solution doesn’t automatically translate into a successful business. Businesses require an equally elegant business model, with the right price, messaging and delivery channel to the right target customers to keep the dream alive and growing. Defining the right business model requires the same diligence as designing the right product, but the approach and skills required are different.

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Building A Sales Development Function for Early Stage Startups with Sally Duby

Mucker Lab

Sales development is a nuanced blend of art and science, requiring a delicate balance for its effective implementation within a company. Drawing from substantial experience, Sally Duby from The Bridge Group provides valuable insights into the intricate realm of sales development. SDR Strategy & Model Checklist In the intricate world of sales development, finding the balance between art and science is crucial for a startup's success.

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How To Start a Dry Carpet Cleaning Service

The Startup Magazine

Your fascination with cleanliness and hygiene may have led you to contemplate starting a carpet cleaning business. Not just any carpet cleaning business, but specifically an endeavor in dry carpet cleaning services. This blog aims to guide you through the process, from the initial steps of conducting market research to operational management, hiring staff, and more.

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Product Design for SaaS Startups: Best Practices and Examples

ReadWriteStart

I’ll start by taking you to the world of Startup X, a passionate team of entrepreneurs who believed they had the next big thing in the world of software as a service (SaaS). They poured their hearts and souls into creating an innovative product fueled by the desire to make a difference in the lives of their target audience. However, despite their best efforts, they struggled to gain traction.

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14 Entrepreneurs Share Their Views on Writing a Business Plan or Not

Hearpreneur

In the realm of great business ideas, a well-crafted business plan takes center stage. It's your persuasive pitch to potential investors, outlining your startup's objectives and profitability strategy. Beyond that, it acts as your business's guiding roadmap, ensuring you stay aligned with your goals as your operations adapt to evolving circumstances.

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The Future of Ad Tracking: Navigating the Google Analytics Landscape

Duct Tape Marketing

The Future of Ad Tracking: Navigating the Google Analytics Landscape written by John Jantsch read more at Duct Tape Marketing The Duct Tape Marketing Podcast with Julian Juenemann In this episode of the Duct Tape Marketing Podcast , I interviewed Julian Juenemann, the founder of JJAnalytics, a company that helps businesses adopt the data-driven way of Digital Marketing.

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8 Key Human-Centered Leadership Elements In Business

Startup Professionals Musings

With today’s rapidly changing environment, I see many business leaders reverting to the “ command and control ” leadership model, in an effort to be more responsive, rather than leading with their heads and heart. Yet I find in my mentoring practice that more and more team members prefer the human-centered approach and respond with more engagement and commitment.

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AI and Nonprofits: What Boards Need to Know

Board Effect

Generative artificial intelligence (AI) has taken the world by storm since ChatGPT was released nearly a year ago. The technology has been adopted with astonishing speed. Generative AI has the potential to be a powerful tool for nonprofit organizations, but it also requires board members to understand the challenges and ethical concerns it presents, along with its benefits.

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Metrics to Monitor in Customer Journey Analysis

The Startup Magazine

In the modern business landscape, understanding the customer’s journey through various touchpoints of your business is crucial for enhancing their experience and, consequently, your success. Metrics play a significant role in customer journey analysis, providing quantifiable data that can be analyzed to glean valuable insights. They serve as the compass that guides you through the intricacies of customer journey monitoring , ensuring your strategies align with customer behavior and prefere

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Are you or your business “time bankrupt?”

Berkonomics

Time bankruptcy results from the deliberate over-commitment of core resources. You’d know the symptoms, if not the name. You’re fighting to put out the fires from customer complaints, or incomplete work, or are suffering from an inability to focus upon new development or new customers before cleaning up the mess inside your organization. Why use this term?

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How to Use Generative AI and LLMs to Improve Search

TechEmpower

Artificial Intelligence (AI), and particularly Large Language Models (LLMs), have significantly transformed the search engine as we’ve known it. This presents businesses with an opportunity to enhance their search functionalities for both internal and external users. With Generative AI and LLMs, new avenues for improving operational efficiency and user satisfaction are emerging every day.

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The Digital Tools Every Business Owner Needs & The Exact Ones I Use

Duct Tape Marketing

The Digital Tools Every Business Owner Needs & The Exact Ones I Use written by John Jantsch read more at Duct Tape Marketing The Duct Tape Marketing Podcast with John Jantsch In this episode of the Duct Tape Marketing Podcast , I decided to go solo and talk about a topic that’s been on my mind for a while: the importance of selecting the right tools for your business.

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6 Guidelines For How And When To Use Non-Disclosures

Startup Professionals Musings

Most entrepreneurs I meet are reluctant to disclose anything about their idea to investors before getting a signed confidential disclosure agreement (CDA). Professional investors and advisors, on the other hand, usually refuse to sign these agreements today due to the risk of litigation and administrative workload, and will walk away. How can you make this a win-win opportunity?

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33 Key Security Questions You Should Ask When Buying Board Software

Board Effect

For a mission-driven organization, investing in board software to help your board be even more effective is a key decision. Every penny counts, the reputation of your organization matters, and when it comes to ensuring the effectiveness of your board, the role of board software cannot be overstated. Obviously, we are biased and think you should be choosing BoardEffect but, regardless of that, over the years of onboarding new customers, we have been asked many questions.

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Dan Calugar on the Role of Sentiment Analysis in Algorithmic Trading: Harnessing Market Emotions for Profit

The Startup Magazine

Professional traders have always integrated sentiment analysis into their investment strategies. For years, traders have tried to predict how markets might react to certain breaking news information, for instance, based on whether those news items could result in particular assets increasing or decreasing in value, according to experienced investor Daniel Calugar.

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The Advantages of Cloud-Based Payroll Software for Small Businesses

Women Entrepreneurs Can

Everyone makes mistakes, but payroll processing errors dig into profit margins and short employees’ paychecks. Payroll software prevents calculation errors and allows HR teams to verify totals quickly. Reputable cloud vendors handle software updates and maintenance, reducing risk for small businesses. Many also integrate with other tools and accounting systems, enabling smooth data flow between departments and reducing duplicated work.

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They say “haste makes waste” but…

Berkonomics

Let’s examine the relationship between time, quality and competitiveness. If you are getting the impression from these many insights that complex relationships cause simple problems, you are right. We have heard the “haste makes waste” ditty since childhood. There is little need to reinforce the obvious. On a larger scale, there are epoch stories of giant companies eating massive losses in a recall of product, often based upon limited testing before release.

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Beyond the Full-Time CMO: How Companies are Opting for a Fractional Future

Duct Tape Marketing

Beyond the Full-Time CMO: How Companies are Opting for a Fractional Future written by John Jantsch read more at Duct Tape Marketing 0 The Duct Tape Marketing Podcast with Nicole Bernard In this episode of the Duct Tape Marketing Podcast , I interviewed Nicole Bernard, a seasoned marketing professional with an impressive legacy that includes stints at Microsoft and collaborations with big names like REMAX and Venus Williams.

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Burning Platform: All Things GenAI

deal architect

In this 102nd episode of Burning Platform, we host repeat guest Tamas Hevizi, now in a new role heading Strategy at Automation Anywhere. As he says it was perfect timing with all the buzz around Generative AI We explore many.

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Reduce the Impact and Frequency of Volunteer Board Resignations 

Board Effect

In an ideal world, every nonprofit board member serves out their term, and the rare, unexpected resignation happens during a quiet period, causing minimal disruption. We don’t live in an ideal world. A resignation letter can come at any time, instantly changing the immediate focus of an organization’s board. Whether the resigning member’s reasons are mundane — maybe an individual realizes they have spread themselves too thin, they need to relocate or simply have different priorities — or d

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Streamlining the Loan Process: Key Features of a Loan Origination Platform

The Startup Magazine

Are you struggling to balance the complexity of the loan process with an efficient workflow? With technological advances, it’s becoming easier and more cost-effective than ever to streamline your loan origination system. You can simplify the otherwise complex task of originating loans by choosing a modern loan origination platform that offers automated features such as paperless workflows and online decisions.

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Why Companies Should Implement Zero Trust Network Security

Women Entrepreneurs Can

Traditional security models have become obsolete with employees working remotely and the proliferation of cloud infrastructure. Zero Trust addresses this issue by “Never trust, always verify.” This means that users and devices are verified continuously based on identity, location, device health, data sources, services, and workloads. Building a zero-trust architecture requires significant work and investment.

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How The Leadership Dynamic Has Changed In America

YoungUpstarts

To remain effective, today’s leaders need to adapt to a new workplace landscape, shifting their focus to developing skills that address new challenges. The post How The Leadership Dynamic Has Changed In America appeared first on Young Upstarts.

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How to Become a Fractional CMO

Duct Tape Marketing

How to Become a Fractional CMO written by John Jantsch read more at Duct Tape Marketing Ever heard of a fractional CMO ? If you’re shaking your head, buckle up because it’s the future. Imagine wielding the power of a marketing wizard without having to afford their six-figure salary. That’s exactly what becoming a fractional CMO is all about.

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If Data is the New Oil, how should Enterprise Data and AI be priced?

deal architect

Over my career, I have been in the middle of or on the sidelines of countless technology negotiations. Deal Architect loves that back and forth and yelling and conniving, so no wonder my ears have perked up quite often with.