Sat.Apr 04, 2020 - Fri.Apr 10, 2020

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How to Make Sense of the PPP Loan Program for VC-Backed Startups

Both Sides of the Table

There is so much confusion and misinformation out there about the government sponsored “payroll protection plan” loans to companies that the heads of every small business CEO in the country must be spinning. We have been advising a lot of entrepreneurs so I thought I’d “open source” some of the advice I have been sharing. I am not claiming to be the world expert on this.

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How To Use Staff Scheduling Software To Increase Your Productivity

YoungUpstarts

Advancements in technology have made virtually every aspect of our lives easier. In both our work and personal lives, we wield smartphones to do things faster and more efficiently, from ordering shopping to scheduling appointments, paying bills and creating invoices. It’s become so easy to manage our affairs in the digital realm that we rarely stop to appreciate just how easy it is.

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Cash Flow

Up and Running

What is Cash Flow? Cash flow measures how much money is moving into and out of your business during a specific period of time. Broadly speaking, businesses bring in money through sales, financing, and returns on investments—that’s cash flowing in. And they spend money on supplies and services, as well as utilities, taxes, loan payments, and other bills—that’s cash flowing out.

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5 Signs that You are Ready to Scale Business and Deploy Innovation

ReadWriteStart

The entrepreneur’s path is challenging and exciting. It requires your full commitment and a sincere desire to scale business as you evolve too. It is a continuous process of stepping beyond your own limits and bringing innovation for the world to see. The moment when you start feeling your limits often means that you are close to your individual breakthrough and business growth.

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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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Thoughts on the State of DeFi

Version One Ventures

The last couple of weeks have been quite a test for cryptocurrency markets in general and DeFi in particular. On Black Thursday (March 12), BTC/ETH prices declined by ~50% and DeFi’s flagship project, MakerDAO, ended up with ~$5 million USD in unbacked DAI. You can read Tom Schmidt’s excellent postmortem of what happened here. This event was a powerful reminder that while DeFi is extremely exciting in the long-term, it’s still very much in the early adopter experimental phase.

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Why Great Leaders Stay Curious (And How to Do It)

Duct Tape Marketing

Why Great Leaders Stay Curious (And How to Do It) written by John Jantsch read more at Duct Tape Marketing. Marketing Podcast with Michael Bungay Stanier. Today’s guest on the Duct Tape Marketing Podcast is Michael Bungay Stanier, author, speaker, and founder of Box of Crayons. Bungay Stanier’s book The Coaching Habit is the best-selling coaching book of this century—having sold over 700,000 copies—and has pushed the concept of coaching in business and leadership into the mainstream.

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Customer Discovery In the Time Of the Covid-19 Virus

Steve Blank

With in-person classes canceled, we’re about to start our online versions of Hacking for Defense and Hacking for Oceans (and here ). The classes are built on the Lean Startup methodology: Customer Discovery, Agile Engineering and the Business/Mission Model Canvas. So how do our students get out of the building to talk to customers to do Customer Discovery when they can’t get out of the building?

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Can You Build Your Business During theCOVID-19 Lockdown?

Women Entrepreneurs Can

Self-isolation is the best time to create your presence. You’ve got several weeks or months to perfect your business processes and online presence, which gives you plenty of room for improvement before the actual launch of your business. Additionally, the situation encourages you to make the most of online resources but also to establish cost-effective business processes and structure.

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How To Manage Better When Moonlighting As A Freelancer

YoungUpstarts

If you’re keen on the saving and retirement part of TSR, you may be trying to be a successful freelancer as a moonlight gig. Freelancing can be a decent side hustle because it sees new money coming in almost immediately compared to trying to start an e-commerce business (or any other business where the potential rewards are far more distant and ephemeral).

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5 Keys To The Startup Mindset Required For Breakthrus

Startup Professionals Musings

As an entrepreneur advisor, I am surprised at how often I hear the same or very similar proposals of an incremental innovation to an existing process, versus a really new or breakthrough solution. If you are seriously looking to start the next billion-dollar startup, you need to get beyond the realm of enhancing a current solution. Investors are looking for breakthrough solutions to fund.

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Thoughts For VC Backed Companies Considering SBA/PPP Loans

Feld Thoughts

My partner Seth Levine recently put up an extremely thoughtful post titled SBA PPP Loans Aren’t for Everyone. Go read it now – I’ll be here when you get back. Seth references two other posts to read and consider. The first is by Albert Wenger at USV titled VC Backed Startups and PPP: Do You Really Need It? The other is an OpEd for CNBC written by Seth and Elizabeth Macbride titled Stampede for emergency loans is crushing lenders, putting millions of small businesses at risk.

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Top Tips for Technological Start Up Success

Women Entrepreneurs Can

When you decide to create your own startup in the technology industry , you’re likely more than aware that you have to work particularly hard to become successful thanks to the wealth of competitors that are fighting for your potential customers attention. A successful technological startup can bring about respectable long-term profit which will make your hard work worth it, and luckily there are certain areas that you can focus your efforts to make sure you don’t waste your time.

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Tips For Setting Up A Remote Working Environment

YoungUpstarts

by Leonard Callejo, Director of Online Marketing at Cisco Webex. Even before COVID-19 changed the landscape on working from home , it’s become an increasingly popular choice for the modern workforce. It’s also a convenient option for a variety of reasons, from caring for young children or housetraining a new puppy to avoiding spreading an illness if you’re under the weather but not too sick to work.

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6 Ways Gossiping Leads To A Toxic Workplace Culture

Startup Professionals Musings

As an entrepreneur, you should treat gossip among the members of your team as a reduction in productivity at best, and at worst, an indication of unhappy, un-empowered, or non-collaborative employees. As a leader, you should be asking yourself if you are the problem, and working hard to improve the situation before it gets out of hand, causing lost clients as well as lost productivity.

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Please Wear a DIY Cloth Mask in Public

Feld Thoughts

The CDC finally issued guidance to Use of Cloth Face Coverings to Help Slow the Spread of COVID-19. If you go out in public, please wear a “Cloth Face Covering.” I’m using every ounce of energy that I have to avoid talking about the politics of any of this, Rather, I’m focusing on actionable things with clear reasoning for them.

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Rob Stevens & Rob Go B2B GTM AMA Recap

View from Seed

Last week, Rob Go was joined by Rob Stevens for a virtual chat on running businesses during hard times. Stevens has held roles across verticals such as head of sales, marketing, product, and professional services at five startups over twenty years. He has experience in B2B, supply chain, robotics, SaaS, and IoT spaces. Currently, he is an advisor, board member and angel investor.

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Five Mistakes Not To Make When Holding Online Meetings

YoungUpstarts

by Howard Tiersky, co-author of “ Impactful Online Meetings: How to Run Polished Virtual Working Sessions That are Engaging and Effective “ Working from home (or WFH) is quickly becoming “the new normal.” The COVID-19 pandemic kicked the WFH movement into high gear, and many experts believe it will continue long after the crisis has passed.

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A Startup Guide to Creating an Ideal Customer Profile

ReadWriteStart

In the age of big data and analytics , business success is now measured in the knowledge you have that the competition does not. For a startup in the B2B market, that means there’s a reasonably steep hill to climb right from the beginning. Here is a startup guide to creating an ideal customer profile. There’s no way that a startup can acquire the same volume of data that more established competitors already have collected.

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HumanKind: CU Boulder Helping with the Covid Crisis

Feld Thoughts

For over a decade, I’ve worked closely on a number of entrepreneurial initiatives with my friend Brad Bernthal, an Associate Professor at Colorado Law and the Silicon Flatirons Center. The past few weeks unexpectedly resulted in a new project with Brad B. and CU’s entrepreneurial community. On March 19, Bart Temme, and entrepreneur in Holland, reached out to me and Brad B.

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Coronavirus Business Support: How Can I Protect my Company?

The Startup Magazine

If you’re looking for Coronavirus business support, you’re not alone – and we’re here to help. The novel COVID-19 coronavirus and resulting lockdowns have impacted heavily on the health and day-to-day life of individuals and families across the globe. Concerningly, the situation is also affecting the health of companies. Almost overnight, companies of all sizes and in all sectors have run into severe difficulties.

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The Mindsets of Jack Welch

YoungUpstarts

by Ryan Gottfredson, PhD., author of “ Success Mindsets: Your Keys to Unlocking Greater Success in Your Life, Work, & Leadership “ Of all organizational leaders, there are few that have had as much success as Jack Welch. Jack Welch is most known for being the CEO of General Electric from 1981-2001. During this tenure, he increased the market value of GE from $14 billion to $410 billion.

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COVID-19 Confessions: The Entrepreneurs Are Not All Right

YFS Magazine

Even though I'm practicing social distancing, I'm not alone. I believe we will get through this. I also believe that it is okay to not be okay.

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SBA Paycheck Protection Program (PPP) Loan Estimator

Feld Thoughts

Unsurprisingly, numerous SBA PPP Loan calculators have appeared on the web. Many of them are tied to a specific bank and have various complexity (or simplicity) in determining the amounts available. We’ve tried a few of them for comparison and found the calculations to be inconsistent. So, we created our own and validated it with a number of accountants and lawyers.

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Popular Social Media Sites for Business

The Startup Magazine

Considering that any business cannot thrive without the help of social media sites, everyone is investing in these websites to gain exposure for their business. So, if you’re wondering whether you should opt for social media websites or ditch the whole thing for another promotional plan, you’ll quickly find out that social media will fare better. The real question is which website you should go for.

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4 Ways To Improve Your Video Marketing Content

YoungUpstarts

The advertising field is constantly evolving. Social media and the digital age have really propelled that change in the past few years. Ideas and tactics that worked two years ago have become completely ineffective now. Video content is one of the trends that have become a necessary part of any successful marketing strategy. If you aren’t actively promoting your company and services through video, you’re falling further and further behind the competition.

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Version One quarterly news and COVID-9 response

Version One Ventures

This has been the longest quarter ever. Early January seems like an eternity ago. Countries, communities and households have been turned upside down. . This time of year, we normally provide a portfolio update that highlights the various product launches, accolades and funding announcements from the past quarter. But before launching into “business as usual,” we’d like to share some of the ways in which the Version One family is helping people deal with these unprecedented times. .

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Understanding Social Distancing

Feld Thoughts

While many people are taking social distancing seriously, there are plenty who are not. I’m hearing regular stories of packed public parks, too many people on trails, lots of people crowded into Home Depot picking up home repair things, and strange parties that I can only rationalize as civil disobedience gone awry. Easily one of the best social distancing ads I’ve seen pic.twitter.com/9WhhTHmdPc — ????????

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How To Choose A Co-Working Space For Your Startup

The Startup Magazine

Startup owners must choose carefully when the time comes to select a co-working space. After all, if they make the wrong decision it could come back to financially haunt them before the end of their first year in business. Determining which co-working space is ideal for your business is never an easy process because there’s no one-size-fits-all solution, but there are nevertheless some helpful tips to keep in mind to ensure you don’t make a terrible decision.

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Talking Rain Collaborates With The Recycling Partnership

YoungUpstarts

In March 2020, Talking Rain Beverage Company announced that it had joined the Recycling Partnership, a nonprofit dedicated to promoting sustainability and improving recycling education among consumers. Talking Rain is the Preston, Washington-based producers of Talking Rain Waters, Sparkling Ice, and Sparkling Ice Plus Caffeine. The company expressed its commitment to environmental sustainability, and this partnership is the company’s newest effort toward making their products eco-friendly,

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6 Tips to Turn Your Hobby Into a Successful Business

crowdSPRING Blog

Now is the perfect time to turn a hobby you love into a side hustle or full-time business. We all know that our career plays a major role in determining our life satisfaction. We spend a significant portion of our waking time at work. So, if you’re not jazzed to get up in the morning when starting your day, then it’s time to re-evaluate.

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Community in the Time of Covid

Feld Thoughts

When Amy and I had life dinner on March 1st, we were both tired after a three-week trip to Boston, Miami, and Atlanta. As we discussed the potential impact of Covid, we talked about the current state of things in the US. The stock market had already had a 15% or so drop but there were less than 10 deaths (all in Seattle) from Covid in the US. I remember us having an anxious evening that included the statement “I’m really glad February is over and we are back home in Boulder.” P

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Pedram Zohrevand Discusses How To Protect Your Building From Seismic Events

The Startup Magazine

In many parts of the country, earthquake safety is a must when it comes to protecting a building and its occupants. Earthquakes like the 1994 Northridge quake in Los Angeles and the 1989 Bay Area quake claimed lives and destroyed buildings, leading to stricter regulations. California has been a national leader in codes that protect building occupants from seismic events, but there is a great deal of work remaining to be done.

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Leading In Uncertain Times: 10 Ways To Help Employees Cope With The Pandemic

YoungUpstarts

by Quint Studer, author of “ The Busy Leader’s Handbook: How To Lead People and Places That Thrive “ As the COVID-19 pandemic takes hold, we’re all being impacted in various ways, many of them pretty dramatic. Everyone is feeling more than a little fear and anxiety about the future. If you’re a business leader, lots of people are looking to you for guidance — and you have a responsibility to help those around you cope with the uncertainty.

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COVID-19 Edition: The Ultimate Work From Home Survival Guide

YFS Magazine

Working from home is the new normal for the foreseeable future. The days ahead are filled with uncertainties, yet it’s possible to live and work above the fray.

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SBA PPP Loans Aren’t for Everyone

VC Adventure

There’s a healthy debate going on right now at many VC firms about whether venture-backed companies should apply to the SBA’s Payroll Protection Program (The Information had a good article on this yesterday (paywall), and Albert Wenger from Union Square Ventures put up an excellent post on the subject here ). This program is designed to help businesses struggling with the Covid-19 crisis retain employees and pay for critical infrastructure (specifically rent, mortgage and utilities).

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A Guide To Digital Upskilling in the Business World

The Startup Magazine

Your education isn’t something that begins and ends in the classroom. If you want to keep on honing your digital skills, you’ll want to seek ongoing training so that you can continue to learn after you’re done with formal schooling. According to Malcolm Gladwell, you can’t master a field without putting in around ten thousand hours’ worth of practice.