Startup Professionals Musings
APRIL 14, 2021
As a logical and data-driven business advisor, I have long focused on facts, technology, and quantifiable pain in guiding entrepreneurs. Yet, these days, I am seeing overwhelming evidence that customer buying decisions, especially with consumers, are often based on emotional and psychological factors , including passions from others, your experience, and social relationships.
Up and Running
APRIL 13, 2021
I’ve spent decades working with plan v. actual in spreadsheets. I used plan vs. actual analysis once a month, comparing forecasts and budgets to actual results since I started Palo Alto Software back in the 1980s. Short of some extremely expensive budgeting software for corporations, that was the only way to do it. For the record, this method still works.
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The Startup Magazine
APRIL 12, 2021
There are several profitable tech startup ideas for entrepreneurs in 2021. Since the COVID-19 outbreak, an increasing number of companies have been relying on technology to conduct business in remote settings. Indeed, many institutions require more web resources, applications, and devices to maintain productivity in digital settings. This has caused a rising demand for tech companies’ services around the world.
Duct Tape Marketing
APRIL 16, 2021
Content Marketing Made Easy With Airtable written by John Jantsch read more at Duct Tape Marketing. Marketing Podcast with Margaret Jones. In this episode of the Duct Tape Marketing Podcast , I interview Margaret Jones. Margaret is a former journalist and currently head of content at Airtable, an organization that builds itself as a low code work management platform.
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
Startup Professionals Musings
APRIL 10, 2021
Entrepreneurs often have formidable technical expertise, key to developing a new product or service, but a great naïveté in management skills. They run into difficulty when their business reaches the $1-2 million annual sales range, or their employee count exceeds 5-10. It’s here that entrepreneurs must shift their thinking from tactical and operational, to strategic and managerial.
Up and Running
APRIL 12, 2021
For many startups and small businesses, talent management can sometimes be deprioritized from the everyday chaos and operations. As they begin to grow , they start to recognize that using a spreadsheet or using memory to keep track of employee performance just doesn’t work. If your company is evolving, your performance management strategy should be evolving alongside it.
Start Up Roar brings together the best content for start up professionals from the widest variety of industry thought leaders.
deal architect
APRIL 12, 2021
In the 41st episode of the series we have Tammie Hilend, CIO of Maxar Technologies While the COVID-19 pandemic and related WFH protocols have turned many of us into recluses, the big realization is you can WFA - as in.
Startup Professionals Musings
APRIL 12, 2021
As I’m sure you are aware, surviving that first couple of years as a new business is a huge challenge, waiting for cash flow to turn positive. In my experience as a business advisor and occasional investor, many of you won’t make it that far, succumbing to the high costs of getting those first customers, funding an initial inventory, and building an operational support process.
Up and Running
APRIL 14, 2021
The gig economy has seen tremendous growth over the past decade. And with the rise in remote work during the pandemic, a shift in how businesses think about their employees and hiring practices, and the growing number of people pursuing business ventures online, it will likely keep growing. In many ways, this trend was born out of necessity during the Great Recession.
The Startup Magazine
APRIL 15, 2021
Sure, the domestic and global economies are in the tank. But not every part of them is. One area that is thriving during the downturn in the USA is the sports betting market. As more states legalize sports betting – likely more will follow suit as a way to drum up some extra tax revenue – it is an excellent time to get in and capitalize on the booming and competitive industry as a gaming entrepreneur.
Steve Blank
APRIL 13, 2021
This post previously appeared in Real Clear Defense. The Latin phrase E Pluribus Unum – Out of Many, One – is our de facto national motto. It was a rallying cry of our founders as they built a single unified nation from a collection of states. It’s a good reminder of where we need to go. Today as our country struggles to find the common threads that bind us, we need unifying, cohesive, collective, and shared national experiences to bring the country together again.
Startup Professionals Musings
APRIL 16, 2021
The ultimate compliment that any entrepreneur can get is that they can “see around corners.” This is a statement that they are willing and able (and successful) at projecting market and technology turns, not just straight-line innovations. They have the courage to make bold decisions, often contrary to conventional market research. Elon Musk with Tesla and SpaceX may be the most current example of this phenomenon, but others often mentioned include Richard Branson (Virgin Group), Joe Costello (C
David Teten
APRIL 13, 2021
The pros and cons of choosing a placement agent for small funds. It would make life a lot easier for emerging managers if they could outsource the entire fundraising process. But can you? Empirically, few small emerging investment managers hire placement agents, particularly in venture capital. And even the firms that hire a placement agent almost always still have to run their own internal process. .
deal architect
APRIL 12, 2021
As we have moved to virtual vendor briefings, I have increasingly been excerpting short video segments (with permission from vendors), as part of my Analyst Cam series. Dmitri Krakovsky, Chief Product Officer of Unit4 spent a generous hour briefing me.
Board Effect
APRIL 12, 2021
Good governance practices and compliance are two big issues that your nominating and recruiting committee should focus some of their discussions on as they’re vetting board member candidates. That sounds simple enough on the surface. What complicates matters is that many things outside of the boardroom are continually evolving, and that should change your approach to compliance training for current and future board members.
Startup Professionals Musings
APRIL 11, 2021
Although every startup is unique, there are certain common avoidable mistakes that can lead to legal complications which jeopardize the long-term success of the business. I’m not suggesting that every startup needs a lawyer, but you should definitely pay attention, and not be afraid to consult legal counsel if any of these raise qualms for you. Like other environments, most legal issues don’t result from fraud, but from ignorance on specific requirements, or simply never getting around to doing
YoungUpstarts
APRIL 14, 2021
Here are four things that will help you ensure your business thrives and that you have a rewarding career as an entrepreneur. The post 4 Ways To Ensure Your Business Thrives appeared first on Young Upstarts.
deal architect
APRIL 12, 2021
As we have moved to virtual vendor briefings, I have increasingly been excerpting short video segments (with permission from vendors), as part of my Analyst Cam series. Below is Part 2 of the presentation, Dmitri Krakovsky, Chief Product Officer of.
Feld Thoughts
APRIL 14, 2021
Amy and I watched Bridge of Spies over the weekend. We enjoyed it, but particularly loved one interaction between the lawyer (James Donovan) and the accused Russian spy (Rudolf Abel). Donovan: You don’t seem alarmed? Abel: Would it help? At multiple climactic moments, the line “Would it help?’ got rolled out. It had the same kind of resonance with us to one of our favorite movie lines ever (from Argo ).
The Startup Magazine
APRIL 11, 2021
As a successful business, you can confidently state that you have a great product and that you’re making waves within your chosen industry. Additionally, your supply chain, and business strategies are both sleek and economical, and yet, there is an issue: you persistently find yourself struggling to obtain sales and maintain the limited client connections you have.
YoungUpstarts
APRIL 14, 2021
To be a great leader, you need to recognize and embrace your own faults. Minter Dial shares three reasons why great leadership starts with you. The post You Lead You – Great Leadership Starts With Yourself appeared first on Young Upstarts.
crowdSPRING Blog
APRIL 13, 2021
A competitive analysis is an assessment of your key competitors' strengths and weaknesses and a strategy to identify opportunities and threats that can help you outperform those competitors.
Feld Thoughts
APRIL 16, 2021
I listened to Wintering: The Power of Rest and Retreat in Difficult Times on Audible over the past week. It was spectacular. Danielle Morrill recommended it to me. We had an intense up and down journey together with Mattermark, which was doing great until we made a fundamentally bad decision around the company’s strategic direction. The ride down, especially against the backdrop of what I expect would have been a success if we hadn’t made that strategic decision, was extremely challe
The Startup Magazine
APRIL 16, 2021
Here’s another from The Startup Magazine Female Founder Series. We interviewed Erin Minckley — a Chicago-based artist and new author of “Artists Who Thrive”. Her book empowers and encourages artists to follow their dreams but actively promote their own work—being successful entrepreneurs. To Erin, the image of the starving artist is not realistic, especially in today’s economic environment.
YoungUpstarts
APRIL 11, 2021
Do you focus on paying down debt or do you get started with investing? Answering these questions can help make it clear how to move forward. The post Should You Invest Now Or Focus On Paying Down Debt? appeared first on Young Upstarts.
YFS Magazine
APRIL 10, 2021
Lately, I keep hearing business owners say, "I can’t wait until things go back to normal." Let's envision a better normal, instead.
Feld Thoughts
APRIL 12, 2021
My partner Chris Moody recently sent around a note on a concept he refers to as Leader Leverage. I encourage every CEO to read and consider it. His rant follows. Many of you are probably tired of hearing me rant about some form of what I often refer to as “leader leverage” If you’ve been lucky enough to avoid these rants, the quick summary is that your biggest lever as a board member is the CEO and your biggest lever as CEO is your direct reports.
The Startup Magazine
APRIL 16, 2021
A family trust is an important element of any estate plan and is important for entrepreneurs and business succession planning. A family trust is built upon a trust document. This document, created by you, the “settlor” of the trust, nominates a trustee who will manage your trust’s assets on behalf of your beneficiaries , according to terms which you outline in that document.
YoungUpstarts
APRIL 11, 2021
When running a small business you may have to deal with some financial problems that will test your determination to grow your business. . The post 5 Ways To Avoid Financial Issues As A Small Business appeared first on Young Upstarts.
YFS Magazine
APRIL 15, 2021
Whether it’s insomnia, falling asleep, or staying asleep through the night, the rate of people experiencing sleep disorders is on the rise.
Feld Thoughts
APRIL 11, 2021
Over the past year, we’ve seen an increase of people from across the business and political spectrum join the fight against climate change and pledge to support a greener, more sustainable future. Investors are seeking both financial returns and environmental impact and looking for opportunities to partner with ventures that are working to tackle our world’s biggest energy and environmental challenges.
The Startup Magazine
APRIL 15, 2021
When you start a business, you have to choose a business structure for that business. The business structure you choose determines your business’ tax structure. At the federal level, the most common business structures are the corporation, partnership, S corporation and sole proprietorship. The Limited Liability Company (LLC) is a common business structure, but it exists according to state statute.
YoungUpstarts
APRIL 13, 2021
One way to bring consistent and quality leads and appointments to your pipeline is by leveraging the top-of-the-funnel activities such as cold calling, converting leads, and following up with nurtures, to a dedicated Inside Sales Agent. The post When Should You Hire An ISA? appeared first on Young Upstarts.
YFS Magazine
APRIL 15, 2021
If you're ready to promote your company domestically and abroad, avoid repeating our mistakes and grow your online presence with these tips.
ConversionXL
APRIL 14, 2021
Like everything in the digital world, traditional prospecting is undergoing a big transformation. Picking up a phone and cold calling (or emailing) is just not as effective as it once was—you need to be smarter both when it comes to which users you’re engaging and what kinds of messages you’re using. This second point is especially interesting: the types of messages you send can have a big effect on your outreach results.
Hunter Walker
APRIL 12, 2021
‘Oh, your algorithm update lowers revenue and decreases usage? Ship it!’. Photo: Solen Feyissa/Unsplash . “Measure what matters and what you measure matters.” There are any number of similar quotations that talk about how the very act of tracking a KPI in an organization causes people to focus on it more, let alone if you’re linking an explicit incentive structure to goals.
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