Sat.Aug 15, 2020 - Fri.Aug 21, 2020

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7 Due Diligence Checks On Your Idea To Save Some Pain

Startup Professionals Musings

In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. But how does any entrepreneur know which ideas to implement, and which ones are best left behind? After all, most great breakthroughs, like a computer in every home, seemed like a crazy idea before Steve Jobs and Bill Gates made it happen.

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How To Create A Better Customer Experience For Your Startup

YoungUpstarts

Customer experience is one of the most crucial factors determining the success of an organization. No matter how good the quality of your product is, it will be in vain if you offer poor customer experience. According to a study conducted by PricewaterhouseCoopers, 42% of customers are willing to pay more for a more friendly and welcoming customer experience, while 52% would pay more for speed and efficiency in the customer service they receive.

Customer 231
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7 Ways to Generate Unique Web App Ideas for Your Startup to Consider

ReadWriteStart

Execution of an idea is easier than generating the one. The idea will remain the same for web app idea creation and implementation. If you are a startup , then it is important for you to introduce web applications with a unique idea or less popular concepts. Companies are exploring all possible horizons to introduce new solutions almost every day. It seems quite challenging to stay competitive by launching a unique idea when a high competition out there.

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20 Entrepreneurs Reveal The Companies They Admire Most For Innovation

Hearpreneur

Innovative if a word often used to describe successful companies. Innovation drives media attention and fosters customer retention rate, which is why most companies strive to have it in their mission statement. It seeks to solve customer problems in a better and modern way, thus helping such companies edge the competition. One of the companies that’s known for innovation is Apple.

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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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5 Ways To Conserve Investor Cash And Ensure Survival

Startup Professionals Musings

Cash flow is a basic survival metric for every startup. Investors check your burn rate to assess your efficiency, and project your remaining runway before you run out of money and into a brick wall. Don’t wait until you are almost out of cash before managing every dollar spent, or looking for the next refueling from investors. Desperate entrepreneurs lose their leverage and die young.

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How To Evaluate Your Company’s Value

YoungUpstarts

When you have started a company and built it from the ground up, it can sometimes be hard to value it objectively. To you, the business is everything, an emblem of all of those lingering doubts and 14-hour days on your journey to profitability. However, to the market of potential buyers, your business likely has a much more tangible price point. To help you navigate this gap and come to a realistic figure on what your company is worth, there are a number of different steps you can take and numbe

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It's time for lean philanthropy: a case study

Startup Lessons Learned

I’ve long been an advocate of using Lean Startup principles to advance non-profits and philanthropic organizations, whose work is so urgently needed at this moment in history. As in many areas of the crisis, I have seen a number of new organizations founded to help alleviate hunger and food insecurity in the wake of COVID-19. SF New Deal and Frontline Foods were early leaders.

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Female Founder Interview: Latina Leader Elizabeth Colón

The Startup Magazine

As part of The Startup Magazine Female Founder series , we sat down with award-winning entrepreneur Elizabeth Colón. Ms. Colón is a Speaker, Contributing Author, & CEO of language services company, Metaphrasis Language and Cultural Solutions, LLC. Growing up in a home with two deaf sisters and parents who spoke very little English, Elizabeth saw the many ways that language can be a barrier for individuals who do not have the means to communicate on their own.

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Worlds Apart, But On The Same Page

YoungUpstarts

by Steven Starks, Senior Career Counselor at University of Phoenix. We have adapted to a new normal, moving our watercooler conversations to text chats and trading conference rooms for virtual meetings. As supervisors and employees alike adjusted to the changes, our organizations may have foregone traditional employee reviews. However, a change in where we do our work does not mean we should stop the evaluation of our work.

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How Sales Quote Software Can Help Your Small Business Grow

Up and Running

As a small business owner, in order to compete with the big players, you need to be able to sell like them. Typically this means investing in sales technology that makes you more agile and is easily scalable as you drive long-term growth. One vital, but often-overlooked, need is effective documentation, specifically when writing sales quotes. When your business is first starting out and serving a smaller customer base , it can be fairly easy to draft personalized sales quotes in a timely manner.

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Options about your Options – How to think through your company’s option program

VC Adventure

Quick break from Covid related topics for a moment to post something I’ve been intending to write about for a few months but haven’t had the chance to commit to paper. It’s perhaps a boring topic – Options and your company’s option program – but an important one. Despite how much time companies talk about the importance of their employees and, in many cases, how every employee is also an “owner” of their business through their option program, most

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5 Important Factors to Consider When Starting an eCommerce Company

The Startup Magazine

According to research, around 80-90% of all ecommerce businesses fail within the first 120 days of opening their doors. This is because competing within the digital sphere is often a lot more challenging than entrepreneurs expect, especially considering how easy it is to set up a business of this nature. If you intend to spearhead a new ecommerce company and are determined to get it on the right track for success, there are a few important factors to consider before taking the plunge.

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5 Trends To Watch In The Insurance Industry

YoungUpstarts

by Mark Williams , CEO of Brokers International. These days, ‘“business as usual” seems to be anything but. Across different industries, people are having to adapt quickly. While much may seem up in the air right now, many of the recent changes faced by the insurance industry are moving it forward into a better future. Here are five of the biggest trends I’ve seen lately in the insurance industry and how they’re impacting insurance companies, financial professionals and consumers. 1.

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How to Get Your SEO and PPC Teams on the Same Page

ConversionXL

You wouldn’t hire a brain surgeon to treat your heart condition. Different conditions require different specialists. It’s the same for search engine marketing. SEO has a role. PPC has a role. And, like holistic medicine, they work best when tightly integrated. Easier said than done. Too often, marketers find themselves managing multiple agencies or internal teams, each of which is trying to accomplish their goals.

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Out of the Crisis #19: Revolution Foods co-founders on feeding kids and families, being parent-entrepreneurs, and scaling food security innovations

Startup Lessons Learned

In 2006, Kristin Groos Richmond and Kirsten Saenz Tobey founded Revolution Foods to help ensure quality food access for all children across the nation. As Kristin told me, "every child deserves access to an incredible education and every chance in the world to build the life and career of their dreams. You can't do that without quality nutrition and without health.

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How to Start a Personal Injury Law Firm

The Startup Magazine

Many legal experts reach a point in their career where they want to step out and start their own practice. Running a law firm is a challenging and rewarding experience. It can also be highly lucrative. Demand for personal injury attorneys is set to continue growing , making it an ideal specialization. That said, you need to be aware of the operational complexities that come with getting a business off the ground.

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4 Benefits Of Using Payroll Management Software For Startups

YoungUpstarts

Payroll processing can be difficult, and financing usually becomes harder as the number of workers in a company gets bigger. This may lead to sour employee’s morale, delay of payments, and more tasks for your finance department. However, a good application development team can offer you suggestions about payroll management and human resource procedures (HR).

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The 7 Highest-Paying Career Paths That Are In Demand… Right Now

Women Entrepreneurs Can

The job market is constantly changing and expanding. The way technology is growing, it is affecting how people work and what kinds of jobs are available. We can actually earn by doing jobs that were never even thought of in the past. According to Indeed’s recent ranking of the occupations with the most potential in the job market, people working in technology, business and healthcare sectors embrace the title of the ‘best jobs of 2020’.

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7 Characteristics Of Startup Founders Who Enjoy Life

Startup Professionals Musings

As an angel investor and a mentor to aspiring entrepreneurs, I’m always disappointed to see founders who seem stressed out most of the time, and more annoyed than energized by the abundance of challenges they see in building their startup. The entrepreneurial lifestyle is a tough one under the best of circumstances, and it’s one you have to love in order to succeed.

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New Normal: A conversation with Sue Fellows of Workfront

deal architect

I have been doing video interviews with a number of C-level execs and practitioners about acrobatics they have been seeing in various vertical sectors during the COVID-19 crisis and the "New normal" they can expect as the economy wakes up.

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[INTERVIEW] Michael Majeed, Finance Executive, SR&ED Tax Consultant

YoungUpstarts

Michael Majeed is a longtime financial services executive and consultant based in Toronto. As a senior financial consultant and regional sales manager at Arck Innovative Consulting Corporation, a leading SR&ED tax credit firm based out of Markham, Ontario, Majeed is involved in all aspects of sourcing, originating and identifying mid- and large-sized Canadian corporations requiring advisory and consultation services in the area of scientific research and experimental development (SR&ED)

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Finding new Market Opportunities in Food Business: A Case Study of GOPA Pakistan

Where to Play

The post Finding new Market Opportunities in Food Business: A Case Study of GOPA Pakistan appeared first on Where to Play. We usually tend to think of innovation in terms of advanced technologies. But in fact, any business needs to innovate and explore new growth opportunities, especially in turbulent times. Here is the case of a local catering business from Pakistan, applying the Market Opportunity Navigator to find new market opportunities in light of a changing environment.

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6 Keys To Translating Technology Into Business Value

Startup Professionals Musings

Young entrepreneurs often are so excited by new technology or their latest invention that they forget to translate it into a value proposition that their customers or potential investors can understand and relate to. They become frustrated with investors, senior executives, and even customers who don’t seem to “get it,” with the result that everyone loses.

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Myths About Failure

Reid Hoffman

“Starting a company is like jumping off a cliff and assembling a plane on the way down.”. The reason I like using this metaphor is because it makes it very clear that the default outcome for almost any startup is failure. The challenge for an entrepreneur is to get the company from default dead (falling) to default alive, with revenues that more than cover operating costs (flying).

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New Normal: A conversation with Evangelos Simoudis of Synapse Partners

deal architect

I have been doing video interviews with a number of C-level execs and practitioners about acrobatics they have been seeing in various vertical sectors during the COVID-19 crisis and the "New normal" they can expect as the economy wakes up.

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5 Common Mistakes Small Business Owners Make

Women Entrepreneurs Can

When it comes to starting your own business there’s no rule book, no cheat sheet. There’s seldom a clear-cut path to success laid out ahead of you. Basically, when you’re opening your own business, you’re bound to make some mistakes along the way but you don’t have to make every mistake in the book just to learn from the experience. To help save you the heartache of making the same mistakes that many other business owners have made before you read up on these five common mistakes small business

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7 Critical Resources For A Thriving Startup Community

Startup Professionals Musings

As a mentor to aspiring entrepreneurs, I often feel the frustration of someone trying to build a startup in the wrong place and time, and wrongly attributing their struggle to personal limitations. It may not seem fair, but passion and commitment alone are not enough to make your startup successful – every business needs critical resources and favorable location-specific conditions.

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Why Young Entrepreneurs Are Into Digital Marketing

YoungUpstarts

If Gen X entrepreneurs are making tremendous efforts to climb up the corporate ladder, Gen Z entrepreneurs are doing pretty good, earning a living in innovative ways. They have a strong ability to market themselves, which allows these young entrepreneurs to get more clients and grow their business. Considering that Gen Z entrepreneurs are going up against larger, better known, and more resourceful companies, this is no little thing.

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Extra! extra! The dead has arisen!!!

deal architect

As Brian Sommer and Ray Wang reported on Friday in this video I was one of the pall-bearers at the funeral for on-premise software. In that role, I was allowed to the grave site where no media followed - most.

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8 Small Business Management Strategies for 2020

The Startup Magazine

Is your small business equipped to weather the storm of 2020? Here are 8 business management strategies to consider this year. The government-induced lockdown in response to COVID-19 has created conditions where the economy is now the softest we’ve seen since the Great Depression. That has caused serious issues for business owners. It was already hard for entrepreneurs to compete in today’s crowded market and now, with consumer dollars stretched thin, getting your piece of the pie ha

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5 Ways Small Businesses Can Create Effective Event Marketing Plans

Up and Running

For some businesses, gatherings are a crucial part of their operation. Those trying to do event marketing, specifically, have felt the toll of COVID-19. Now, as states gradually reopen , they’re still grappling with how to keep people safe when they don’t stay at home — especially when those reopenings concern larger gatherings and events. . Businesses of all sizes have had to cancel or postpone planned events, but the thousands of dollars in lost revenue have put smaller companies in a financi

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Do These 8 Things To Build A Successful Diverse Team

YoungUpstarts

by Hank Frecon, the chief executive officer of Source Digital. According to a report by McKinsey & Company, companies that commit themselves to diverse leadership are more successful. When you have a team made up of people from various backgrounds and experiences, you will get a mix of results that can benefit your company. There are numerous benefits of having a diverse team, but not everyone knows how to build a team of experts.

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Scenario Planning - the Workfront angle

deal architect

I have long been a fan of long-term scenario planning and this Harvard Business Review article describes in a fair amount of detail the big thinking around such planning at Shell and other large companies and at government agencies. I.

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Major Marketing Mistakes in the Age of COVID-19

The Startup Magazine

Unfortunately, COVID-19 did not go away. In fact, America’s infection rates are skyrocketing, and many states are reconsidering their efforts to open up. Businesses everywhere are restricting their hours, their customers and even closing up for the foreseeable future, in the hopes that the U.S. can regain control of the virus and return to normal sooner rather than later.

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16 Entrepreneurs Explain Ways They Help Themselves Think differently

Hearpreneur

In today’s’ world there are a lot of disruptions that can easily drive you away from the goals or strategies you set. Have you ever found yourself doing something that is totally different from what you wanted? If yes, it means you need to change your way of thinking, be more disciplined, frequently remind yourselves on what you have to do and shift your perception towards life in general.

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21 Tips To Avoid A Small Business Tax Audit

YoungUpstarts

Running a small business is a tedious affair. There are many cash transactions and unplanned expenses. The fear of an audit of your tax return may mount every time you read about the annual tax audit statistics. Although the overall IRS audit rate has significantly dropped this year, this is not a guarantee that your business is excused from the prying eyes of an auditor.