Sat.Feb 29, 2020 - Fri.Mar 06, 2020

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7 Ways To Hire Your Way To Failure In A New Venture

Startup Professionals Musings

Business success is all about having the best team, yet the average entrepreneur has little prior experience with hiring people and building top-notch teams. It’s no wonder that 45 percent of startups fail in the first five years, and an even smaller percentage ever see a return for their years of effort. Most new entrepreneurs assume their passion will attract and motivate the right team members.

Hiring 339
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The Midas List Then and Now

View from Seed

In a few months, we are likely to see the annual Forbes Midas list of top performing early stage VC investors. There is always some debate about the methodology and accuracy of the list, but I think it’s a pretty interesting data set that reflects some of the things that have been happening in tech and VC over time. Given that it’s a new decade, I thought I’d do a lookback and compare the list today to the one 10-years ago to try to tease out the changes that have transpired in the VC industry o

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Are You A Necessity Entrepreneur? Ask These 7 Questions

YoungUpstarts

by Troy R. Underwood, author of “ How to Launch Your Side Hustle: Start and Scale a Business with Minimal Capital “ Congratulations. You’ve come up with a brilliant business idea, and you’re ready to get started as a brand-new entrepreneur. But do you have the grit to persevere? Are you a Necessity Entrepreneur? Necessity Entrepreneurs Build Exceptional Businesses.

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Functioning and Uses of Dynamic Data Exchange

The Startup Magazine

An inter-process communication system that helps and allows the data to be communicated or shared between the different applications of an operating system such as Windows is known as dynamic data exchange. In this type of system, there are a set of commands and shared memory along with message formats and protocols for carrying out data communication and sharing.

Database 122
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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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7 Startup Risks That Come With Other People’s Money

Startup Professionals Musings

One of the myths I often hear as an advisor to many entrepreneurs is that their lifestyle would somehow be better if they could more easily find other people’s money to build their startup. They don’t realize that according to many experts , more than 90 percent of satisfied entrepreneurs use bootstrapping, since other people’s money always comes with strings, most of them negative.

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SXSW Pitch Finalist: LexSet

Austin Startup

The LexSet Co-Founders (left to right) CEO Francis Bitonti , President Leslie Oliver Karpas , and COO Azam Khan won $250,000 in Verizon’s Built on 5G Challenge The Forrest Four-Cast: March 3, 2020 LexSet serves AI engineers, especially those with limited resources, with a better way to annotate photos. Computer Vision AI has typically needed vast quantities of well-annotated images to use as data to train the software.

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Dean Vagnozzi on Commercial Real Estate Market Trends & Advice for Newcomers

The Startup Magazine

Dean Vagnozzi, a 50-year-old financial entrepreneur and president of A Better Financial Plan, LLC, believes in empowering middle-class investors to generate returns typically reserved for the uber rich. He offers investment opportunities that sidestep the volatility and uncertainties of Wall Street, and consistently generates high single- to low double-digit returns for clients.

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Data Discrepancies in Google Analytics: What Can Go Wrong, Why, & How to Fix It

ConversionXL

Google Analytics shows 104 conversions. Your CRM shows 123 new leads. Heap reports 97. And so on. It’s easy to get frustrated by data discrepancies. Which source do you trust? How much variance is okay? (Dan McGaw suggests 5%.). For most companies, Google Analytics is a—often the —primary source of analytics data. Getting its numbers aligned with other tools in your martech stack keeps results credible and blood pressure manageable.

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SXSW Pitch Finalist: Milis Bio

Austin Startup

Milis Bio CEO and Founder Mike Sheehan winning the 2018 Bank of Ireland/IGNITE Business of Year prize. The Forrest Four-Cast: March 1, 2020 People are rightfully concerned about the threat of coronavirus, which has so far killed about 2,800 people worldwide. But don’t lose sight of the fact that we’re already in the midst of a deadly global epidemic.

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"Journalism is built on a foundation of trust and truth. While I have friends who are also sources, those friends know I wear two hats" — Five Questions w Axios' Kia Kokalitcheva

Hunter Walker

Kia Kokalitcheva is a San Francisco-based technology and business reporter at Axios. She covers tech, Silicon Valley, and venture capital. We’ve known each other for a while – she was previously at Fortune – and besides appreciating her work, Kia has always struck me as a no BS person who will tell you where she stands. Whether I agree with her or not on an issue, I like the forthrightness.

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Digital Marketing for Businesses

The Startup Magazine

Marketing in today’s competitive world has definitely changed from the days of old. Gone are the days when you send out flyers in the mail or maximize your marketing dollars with a billboard sign visible from the highway. While those forms of marketing can be effective, more effective means of marketing have now turned to digital marketing. Digital marketing is a staple for online marketing efforts.

Marketing 106
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Funding in the Time of Coronavirus

Both Sides of the Table

I am due to speak at the SaaStr conference next week: Wednesday, March 11th at 10:45 AM. I had originally signed up to talk about the “VC Market Trends” overall but it seemed inauthentic to speak about VC funding without addressing the virus in the room. So I wrote a brand new deck outlining some Upfront views on what we may see in the funding markets ahead.

Audio 314
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SXSW Capital Factory House canceled

Austin Startup

Capital Factory House at SXSW canceled Out of an abundance of caution for our team, our members, our partners, our guests, and the City of Austin, Capital Factory House at SXSW is canceled due to circumstances outside our control surrounding Coronavirus. Safety is our top priority. There is no hesitation about this decision after reviewing all of the available information and speaking at length with all of our team, our members, our partners, and our advisors.

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5 Steps To Get You From Your First Idea To A Business

Startup Professionals Musings

One thing I have learned the hard way in business is that implementing new ideas is usually much more difficult than conceiving the idea in the first place. That’s why I caution my aspiring entrepreneur clients against proclaiming to investors that they are a great “idea” person. The bridge from thinking and talking, to doing, is a long and difficult one for many to get over.

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How to Make Your Remote Project Successful

The Startup Magazine

Managing remote projects can be extremely daunting. It is an acquired skill, and there are chances it could take you several tries before finally getting it right. If anything, keeping projects on time and within budget is always difficult if you have a team working in a different place from where your office is. That is why it is always important to seek the services of a project management firm if you are finding it difficult moving forward.

Audio 90
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You’re Not Important to Me but I Want To Meet With You

Steve Blank

If you’re a busy startup founder, you’re likely delegating the task of scheduling key meetings about things you want/need to your admin. This is a mistake. That’s because the dialog you have in setting up the meeting is actually the first part of your meeting, not some clerical task. Treat it this way and you’re much more likely to achieve the objective you’re hoping to.

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The ‘’Wirecard effect’’ on the European Fintech Ecosystem

Transformify

For more than a year, Wirecard, one of the biggest European fintech companies, has been under fire due to allegations of fraud and ‘’creative accounting’’ Not for the first time, though. Similar allegations have been posed back in 2016 by a mysterious research & investigations agency called Zatarra. The fact that Zatarra was largely unknown to the broad public did not prevent investor’s panic.

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7 Business Experimentation Myths That Are Outdated

Startup Professionals Musings

In my work with you as an entrepreneur or small business owner, I find that most understand the need try out new business models and product innovations, but trust their intuition rather than running a disciplined business experiment first. The result is that you often take a big financial hit, and lose key customers, before you realize that the change didn’t work.

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Technology Risk Management Best Practices for Boards

Board Effect

Every industry uses technology in one form or another and most companies increase the number or sophistication of the digital processes they use a little every year. In some industries, nearly every aspect of the business uses technology, from human resources to operations and everywhere in between. Technology solves many of a company’s problems, but it also invites many risks into the company.

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How to Become an Effective Leader

Women Entrepreneurs Can

Being a Leader is a skill that will help you in any profession. However, the difference between being a leader, and an effective leader, can be the decider if whether your business will succeed or fail. If you are a new business owner and doing this for the first time it can be tough. With that being said, how can you become an effective leader? Here are some tips on how.

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7 Ways To Fearlessly Engage With People And Have A Great Time Doing It

YoungUpstarts

by Kazuhiro Hosoya. Ten years ago, I put an audience of 5,000 people to sleep with my presentation at a business conference. That was the beginning of my passion of creating authentic connection with others. From my “failure” that day, not only did I discover a passion for engaging with people, I discovered that without speaking from the heart, no one was listening.

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7 Ways To Use An Advisory Board To Accelerate Success

Startup Professionals Musings

In my role as an angel investor to startups, I’m struck by the broad variety of advisor strategies I see in investor presentations and business plans that cross my desk. Some entrepreneurs are “lone rangers,” never mentioning any outside guidance, while others tout dozens of advisors. In my experience, both of these approaches will likely have minimal value for your venture.

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How Can Boards Leverage a Governance Consultant?

Board Effect

It’s necessary for today’s boards to properly oversee the current issues facing their organization, but they need to be looking forward to the next ten years or so and ensure that they will be just as well equipped at that time. In addition to being skilled and diversified, today’s boards need to be adaptable, creative, and open-minded. Boards need to be able to see risk and uncertainty as an inevitable part of both innovation and governance.

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How to Become an Affective Leader

Women Entrepreneurs Can

Being a Leader is a skill that will help you in any profession. However, the difference between being a leader, and an effective leader, can be the decider if whether your business will succeed or fail. If you are a new business owner and doing this for the first time it can be tough. With that being said, how can you become an effective leader? Here are some tips on how.

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How the heck did the great European Renaissance emerge from the depth of its Dark Ages?

deal architect

I kept asking that question during a family trip to Italy in 2004. That puzzle led me to consider writing the New Florence, New Renaissance blog, in addition to the Deal Architect blog. Both blogs are celebrating their 15th birthday.

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Effective Marketing Ideas To Gain More Customers

YoungUpstarts

Whether you’re starting your own online retail business, or a more established looking to keep up in the always shifting landscape of online marketing, there are no silver-bullet marketing techniques, despite what marketing experts may tell you. Marketing success is a combination of things, and leveraging different strategies to work in your favor. You might be thinking about buying up some sponsored ad space on a website like Reddit, but how well do you really know Reddit’s demographic?

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How Much Does a Press Release Cost (Really)?

Rembrandt Communications

You know you need to send out a press release, but how much is it? If you’ve never done public relations or pursued any kind of publicity before, the first thing you probably think you need to do is send out a press release. That’s why a lot of new entrepreneurs ask me how much it is to send out a press release. The answer is… you can write it yourself and post it on free sites, and it will just cost you time and effort.

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Are You Having Trouble Concentrating?

Feld Thoughts

Covid-19. Presidential Primaries. Gyrations in the Stock Market. Global Pandemic. Trisolarians arriving in their droplet to exterminate us. It’s pretty intense out there right now. Somewhere. But not in my backyard where my dogs roam around. I was in the hospital recently, attached to those devices they attach you to that monitor everything. I was trying to relax by closing my eyes, breathing deeply and slowly, and meditating.

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Multi-generational HCM

deal architect

Dan Patrick, the sports talk host; Home Depot and the recently announced union between Kronos and Ultimate Software inspire this post. I have heard Dan tell the world his Sleep Number bed setting. I have heard people share their What.

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4 Ways Young Upstarts Can Secure Finance

YoungUpstarts

No matter how good or promising your young upstart business is, without the required time, skills, knowledge and equipment, it is unlikely to ever really get off the ground. Although founders can often bring a lot of these to the table, finding and securing funding is often required to fill any gaps in the resources required for success. But what options are available to young upstarts and which one is best given your unique situation?

Finance 189
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4 Creative Ways to Raise Brand Awareness

The Startup Magazine

Whether you have a loyal base of customers already, or you’re starting with a clean slate on launch day, generating leads and finding your target market is no small feat.You have to identify your customers ASAP in order to keep your business up and running. But finding your customers is only half the battle, keeping them around with good brand awareness is what will keep the profits coming in!

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Sunday Morning Reading on Covid-19

Feld Thoughts

Apparently everyone in the US is now talking about the threat of the coronavirus, which really should be referred to as Covid-19 since there are hundreds of different types of coronaviruses. My guess is the 10% drop in the Dow woke people up. Or maybe it is because of the first known cases in the US. As I was going through my random Sunday morning reading, I came across several good articles.

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SXSW is On Track to Happen in Austin

SiliconHills

The show will go on. South by Southwest is not cancelled. “There’s no evidence to suggest cancelling SXSW makes the community safer,” Mayor Steve Adler said during a press conference Wednesday morning. If that changes, the city, county and a health advisory panel will take action, Adler said. They are continually evaluating the evidence and […].

Austin 113
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Startup Marketing: Construction Marketing Strategy Hacks To Boost Sales

YoungUpstarts

by Daniel Quindemil, Founder of I AM Builders. Everyone is always looking for the next big thing. Using a variety of proven marketing strategies, contractors can explode their construction businesses and reach more potential clients than ever before. The next big strategy that they can just plug in to their business and magically triple their leads, make their office phones ring nonstop with people begging to give them money.

Sales 165
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6 Retirement Strategies for Small Business Owners

The Startup Magazine

Small business owners work hard to keep their businesses churning profits, but unfortunately, a large majority of business owners are woefully underprepared for retirement. It can be very difficult for business owners to put aside retirement funds when the business they are running requires all sorts of capital to keep it running smoothly. The retirement planning difficulty for business owners to put aside money for their own retirement is trying to balance how much money to save for themselves

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Hysteria and Complex Systems

Feld Thoughts

I was at a dinner event last night in Denver where, predictably, coronavirus (which I’ve been trying to call Covid-19, but everyone seems to default back to coronavirus) came up. I’ve tried to avoid being “that person” who has a strong opinion because so much is changing so quickly. Instead, I’ve tried to have a “clear opinion” based on what I currently know and how it’s impacting my world.

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