January, 2020

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7 Keys To Active Listening For Real Customer Feedback

Startup Professionals Musings

Entrepreneurs and business executives seem to be even more focused on their technology than the rest of us, and less inclined to listen to the voice of the customer, even if they remember to ask. Real two-way conversations with real customers, including the all-important body language, are unheard-of these days. Being connected to the Internet many hours a day is not enough.

Customer 321
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How To Survive The Loss Of A Main Customer

YoungUpstarts

by Zain Jaffer, serial entrepreneur and the Founder and CEO of Zain Ventures. Running a small business can come with a slew of challenges. Among the list: the loss of a major client. In many cases, this scenario is inevitable and difficult to prevent. When it occurs, the consequences can be swift and devastating, wreaking potential havoc on a once steady stream of revenue.

Customer 347
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What Is Customer Service?

YFS Magazine

Examine your systems and processes to ensure they are focused on providing what matters most to your customers.

Customer 149
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Cash Crunch? 5 Unconventional Ways To Fund Your Startup

YoungUpstarts

by Daniel Pigg , director of business engagement and an instructor at Indiana State University. Would you bet money on an inexperienced horse? Few people would. Yet despite an unproven track record, first-time entrepreneurs consistently seek funding. As a result, many struggle to convince financial institutions to lend them a penny. The issue is one of reality rather than greed or emotion.

Indiana 165
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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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Which Markets Are the Most And Least Served by Seed Investors?

View from Seed

About a year ago, my partner David Beisel talked about how seed fundraising is no longer a local game , and that the best entrepreneurs seek out the best investors for them outside of their home market. That being said, it’s much easier to put a seed round together when you have a local lead who can help catalyze the round. So much of seed investing is about the team , and it’s just much easier to build conviction around a team when you can meet at moment’s notice and spend time together in-pers

New York 207
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8 Errors To Avoid In Your First Minute With Investors

Startup Professionals Musings

As an aspiring entrepreneur, one of the most important things you need is a memorable “ elevator pitch ,” to communicate your startup value proposition and leave a great first impression on friends, investors, employees, and future customers. As a startup advisor and potential investor, I’ve heard too many that are heavy on emotion, but light on quantifiable value and impact.

More Trending

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5 Most Common Startup Mistakes and How to Avoid Them

The Startup Magazine

So, you’re preparing to launch a startup of your very own: congratulations! You’ve made it past the ideation phase, perhaps you’ve got a business plan in place, and now you’re ready to watch your business grow. Not too fast. Before you start earning profits and making an impression on the startup market, you’ll want to learn from your colleagues’ common startup mistakes.

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Welcoming Max Webster to the Version One team

Version One Ventures

In August 2018, we set out to add a third member to our team. A year and a half later, we are thrilled to welcome Max Webster as Version One’s new associate. It was A LONG journey. We received, reviewed and responded to almost 500 applications over this period of time. We were looking for someone with high curiosity, conviction, competitiveness, compassion.

Mexico 148
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Why We Shouldn’t Be In Love With Startups 

ReadWriteStart

We all love a good story, especially those that involve rags-to-riches path. We love the zero-to-unicorn stories of Microsoft, Facebook and Uber. We often tie this type of success to proof of the American experiment–an ever-present reminder to some that if they put in the time and eventually get funded, they too can scale a business into the stratosphere.

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26 Entrepreneurs Share Their Tips and Tricks of Staying Motivated

Hearpreneur

When the going gets rough in business, you’ll need motivation to keep moving. Motivating yourself can be hard but practicing consistent habits such as reminding yourself of why you started can be a major boost. A network of friends and partners can also serve as a great assurance and reminder that you’re not walking. Here are the various ways entrepreneurs and business owners stay motivated in business. #1- Periodic looks in the rearview mirror.

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Startups Are Not Just The Realm Of Young Generations

Startup Professionals Musings

One of the biggest myths in the business world is that startups are no place for Baby Boomers, that aging generation born between 1945 and 1964. They couldn’t possibly understand the new social media culture, new technologies, or have the determination to beat their younger counterparts in the market. Yet credible reports on current trends tell us just the opposite.

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Follow This Six-Point Checklist To Strengthen Employee Onboarding

YoungUpstarts

With technology growing more rapidly than ever, companies in all industries find themselves primarily focused on staying ahead of the curb. In the hustle and bustle of remaining state-of-the-art, it’s common to lose sight of specific aspects of a business. Even though those facets of an organization are just as vital as the latest and greatest app. For example, there are far too many companies that fail to implement a detailed onboarding process.

Employee 165
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Rusty Tweed Explores How Sustainability is Impacting the Construction Industry

The Startup Magazine

Sustainable construction has been shown to improve a building’s environmental and social performance. To this end, a number of commercial green buildings have been designed with features that promote workplace productivity and ambiance. With advances in technology, green buildings can also be built at fairly competitive prices. According to the World Green Building Council (WGBC), the following findings support a case for green building: Lower operating cost – the construction of green building

Green 176
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10 Cash Flow Rules to Live By

Up and Running

Cash is king and all business owners know it. Research “causes of business failure” and lack of cash turns up everywhere. A commonly-cited US bank study says 82 percent of business failures are due to poor cash management. Cash flow problems can kill businesses that might otherwise survive. I learned the hard way, when my own business suddenly took off, that even growth can stifle cash.

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Ecommerce: How to Survive its Troughs

ReadWriteStart

On the topic of ecommerce, one wonders to what extent this business model is applicable, and where is it likely to end? This is the prime question that goes through most online retailers, entrepreneurs today. It’s the extent of this phenomenon that has resulted in soaring businesses across the world. Some of the many ecommerce examples include Alibaba, Newegg, Best Buy, Amazon, Walmart, eBay, and Target.

eCommerce 152
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15 Entrepreneurs Explain How They Are Bold in Business

Hearpreneur

You’ve probably heard that you have to be bold to be a successful business owner. You have to be daring enough that means you’re willing to take the risks and make firm decisions. The decisions you make require that you maintain boldness regardless of how hard or simple the decision might be. You make can either make or break the future of a business hence due diligence is necessary before making any moves.

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10 Goodwill Elements To Raise Your Business Valuation

Startup Professionals Musings

Valuing a business based on assets and financial performance is a well-understood process, but every investor knows the real value goes well beyond these parameters, either higher or lower. The key elements of leadership in a company, both individual and organizational, are less tangible, but very critical in setting a market value for investment, acquisition, or going public.

Valuation 311
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Workplace Safety- 4 Tips To Keep Your Office Safe

YoungUpstarts

When you run a business, it’s your job to ensure your employees are taken care of. Health and safety should be a main focus for the business, particularly workplace safety. If you’re looking to make your office a safer place to work, below you’ll discover 4 tips that can help. 1. Ensure you’re using an alarm system. When you own business premises, it’s important to secure it against theft.

Security 182
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Five Pitfalls to Avoid When Offshoring Software Development

The Startup Magazine

Have you ever looked for software development talent abroad? If so, it’s highly likely you’ve already come through a bunch of materials about offshoring. Doesn’t it seem to you that all the benefits of this business model are too good to be true? Source: Pixabay. Offshoring has both light and dark sides. If you’re considering it for your business, check some of the most wide-spread pitfalls, as you should be ready to face some of them when delegating your activities abroad. #1 Failing to choose

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A Marketer’s Guide to Kaggle for Analytics and Data Science

ConversionXL

Kaggle , the Google-acquired data science platform, started as a virtual meeting point for machine-learning geeks to compete on predictive accuracy scores. It evolved into a Swiss Army knife for data science and analytics—one that can help data professionals, including data-driven marketers, elevate their analytics game. Despite being a free service, Kaggle can help address an increasing number of data challenges: How to find reliable data sources to enrich existing customer and marketing data;

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4 High-Potential Sectors for AI and ML Startup Success

ReadWriteStart

Today, the explosion of development in artificial intelligence (AI) and machine learning (ML) technology has created a market for which it appears there’s no limit. No matter the industry, if you name a reasonably-sized (or larger) company, there’s a good chance that they’re investing in AI and ML technology as a cornerstone of their strategic plans.

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Austin’s data.world Finds Success as a B Corp Bringing Together Data Users on its Global Platform

SiliconHills

Austin-based data.world had its best year ever in 2019, said Brett Hurt, CEO, and Co-Founder. “2019 will go down in history as the year data.world found enterprise product-market fit and revenue has taken off in a big way,” Hurt said. data.world is like GitHub, the world’s largest software development platform, but it’s an open platform […]. The post Austin’s data.world Finds Success as a B Corp Bringing Together Data Users on its Global Platform appeared first on SiliconHills.

Global 97
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5 Crowdfunding Approaches To Tempt Every Entrepreneur

Startup Professionals Musings

Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. According to a recent article on Thrinacia , there are now aver 600 crowdfunding platforms in existence, currently estimated to add more than $89 billion to the economy at a compound growth rate of 17% from 2019 to 2022.

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Shopify vs Volusion – The Ultimate Showdown

YoungUpstarts

More than 80 percent of people use e-commerce sites for shopping. E-commerce platforms have a firm grip in the markets, and they are not going to lose their shine sooner or later. With the increasing popularity of these e-commerce solutions, the competition between these eStore builders is even more intense. Hence, we are here to clear your doubts and give a constructively critical comparison of two leading SaaS solutions, viz-a-viz Shopify and Volusion.

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Market Traders Institute Investor Advice on Market Trends

The Startup Magazine

As a leader in the online trading education industry, Market Traders Institute spends countless hours demonstrating how investors should examine market trends. Smart investing is learning how to interpret the economic landscape. Knowing what to watch and where to find it is critical to developing trading experience. New Trends in Trading Information.

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25 Entrepreneurs Explain How They Came Up With Their Business Names

Hearpreneur

The idea of exactly what your business is going to usually come first. Secondly, most often, is giving a title to your idea. What exactly is going to be the name of your business? Some people turn to their childhood for inspiration or a beloved family pet. It could be a made up word you dream of one night and feel it has the right ring to it. Even still there are some people who study foreign words for the perfect meaning behind their chosen business.

Naming 109
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What Is a Governance Model and Why Does it Matter?

Board Effect

The concept of governance is difficult to define in a sentence or two because it’s an intangible thing. It’s not something that we can see or touch. It’s a system that has a basic structure that serves as the foundation and support for all of its many parts. A governance model serves as a representation of the many possible ways that a governance system could work if you were to change one or more of its parts.

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Logo Design Trends 2020: Your Definitive Guide to Navigate The Biggest and Hottest Trends

crowdSPRING Blog

The art and craft of logo design constantly evolve. Good designers and smart entrepreneurs collaborate to elevate the art of logo design by creating more perfectly brand-appropriate, memorable logos. Inexperienced designers and entrepreneurs follow logo fads for the sake of appearing relevant and trendy. As logo design and branding experts, we keep our fingers on the pulse.

Design 116
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7 Personal Attributes That Attract Investor Attention

Startup Professionals Musings

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. Finally I realized that venture capital and angel investors are actually humans, despite some views to the contrary. As with most business and personal interactions, first impressions tend to become lasting ones.

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Ten Ways To Create A WOW Culture – And Retain Your Best Talent – In 2020

YoungUpstarts

by Deb Boelkes, author of “ The WOW Factor Workplace: How to Create a Best Place to Work Culture “ January is the perfect time to start thinking about your workplace culture. A positive one produces happy, engaged employees who give their best efforts, challenge themselves to grow, and consistently meet goals and delight customers. A toxic one creates miserable, unmotivated clock-watchers and job-board checkers.

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How User Input Helped Course Selling Platform Kajabi Relaunch Page Builder

The Startup Magazine

Software development is an ongoing project. Applications are never “done” They are living, breathing entities that require constant feeding. However, sometimes they need makeovers to revitalize their customer value and impact. When leading online business platform Kajabi committed to a full redesign of their landing page builder, they went to straight to the source for inspiration.

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Grow Your Business With the Right Mix of Strategy and Culture

Up and Running

“Culture eats strategy for breakfast.” . There is much debate as to whether Peter Drucker actually said to Mark Fields, then CEO of Ford Motor Company in March 2000. Regardless, the quote is used extensively these days to emphasize the importance of how a company operates over the why. Yet it’s not an entirely accurate statement, because without a clear strategy—a plan that outlines the why and the what an organization wishes to achieve, it’s almost impossible the define the how that’s required

Lean 107
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9 Entrepreneurs Share Their Biggest Business Fails and How They Rebounded

Hearpreneur

Business fails are the best form of learning. Hiring an expert or a coach to walk you through establishing your business can help you minimise the chances of failure but some entrepreneurs will prefer walking alone. Whichever path works best for you, you’ve got to be comfortable with failure and most importantly learn how to improve or deal with it.

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Is Remote Work the Future of Employment?

Transformify

Sean Weisbrot is a serial entrepreneur and the CEO of SideKick. Having worked remotely for the last 7 years prior to starting his secure payments and messaging app, SideKick, Sean insisted on pursuing a remote-only work policy. He firmly believed that cultivating a decentralized workforce is key to making a company attractive in many ways. Sean, what are the benefits associated with remote work?

Vietnam 64
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10 Attributes That Make You An Entrepreneur To Follow

Startup Professionals Musings

People who have been followers too long as an employee don’t realize how hard it is to be a leader. Every new entrepreneur has to initiate the right actions to be perceived as a leader in their chosen business domain by their team and by their customers, or the road to success and satisfaction will be lost along the way. Driving these actions are some basic principles that entrepreneurial leaders, such as Airbnb CEO Brain Chesky and LinkedIn CEO Jeff Weiner, seem to have learned early.

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Why Digital Transformation Is The Key To Sustainable Sales In 2020

YoungUpstarts

by Tiffany Ruder. “Digital transformation” was a buzzword throughout 2019, but 2020 is when we’re going to see its real impact. As the amount of time that we all spend online continues to increase, digital transformation has become crucial for sales growth into the next decade. First of all, you need to understand what digital transformation is. It’s more than simply using a computer.

Sales 227