David Cohen
AUGUST 4, 2018
For SaaS businesses, I’ve found the rule of 40 to be a useful management tool. The basic idea is that as a SaaS business, you want your growth percentage plus your EBITDA percentage to be 40 (or better). So if you’re growing at 50% per year, you can “invest” in growth by having a 10% burn (expense as compared to revenue). If you’re breakeven at 40% growth, that’s also great.
Startup Professionals Musings
AUGUST 5, 2018
Entrepreneurs looking for investor funding often fail to realize that all money comes with strings. For example, if you have watched the Shark Tank TV series, you probably noticed that the Sharks always ask the entrepreneurs for their intended “use of funds.” Those who respond with one of the wrong answers, such as “I want to pay myself a salary,” usually go home empty-handed.
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Hearpreneur
AUGUST 10, 2018
Being in love is great. Being in love with your business, when you’re an entrepreneur, is even better. Waking up each morning knowing you are getting to do exactly what you love is more than most people could ever say about any “job” they have had. Although there are days when tossing in your hat seems like a viable option, remembering how much you love your “job” can quickly snap an entrepreneur out of that mentality.
YoungUpstarts
AUGUST 6, 2018
The Forex Market is the largest financial market with a turnover of over 3 trillion dollars in any given day. Going with the best forex platform, for forex trading, is of utmost importance if one is to have a precise balance between the high risks and rewards on offer, in the trillion-dollar marketplace. A forex platform is a software suite that allows one to access and interact with the market.
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
ConversionXL
AUGUST 8, 2018
Does investing in employees marketing skills pay off? Or is it just a waste? Businesses spent nearly $94 billion on corporate training in 2017—a 33% increase over 2016. Per employee, expenditures ranged from $399 at large companies to $1,886 at smaller organizations, according to the same report from Training magazine. Within marketing departments, an estimated 4.2% of the total marketing budget now goes to training programs, up from 2.7% in 2014.
Startup Professionals Musings
AUGUST 8, 2018
Strategic decisions set the overall direction for your business, whereas operational decisions set day-to-day operations. Unfortunately, most of the entrepreneurs who contact me for guidance only seem to work on strategic issues when they are in a crisis, such as losing a major distributor or being swamped with customer complaints. It’s a bit late when strategy becomes operational.
Start Up Roar brings together the best content for start up professionals from the widest variety of industry thought leaders.
YoungUpstarts
AUGUST 6, 2018
by Ben Hoffman, co-founder of CityHUNT. Do you pay attention to your employee retention rate and whether your top employees are happy? There’s more to a successful business than making top dollar and having satisfied clients. It’s also important for your staff to enjoy their job and remain loyal to the company. If your employees are unhappy and continue to hand in their resignation, it makes it challenging to keep the business moving forward.
crowdSPRING Blog
AUGUST 7, 2018
Is your small business website helping or hindering your business? If you’re like most small businesses, your website is outdated, and not helping you to increase revenues and sales. Even worse, your website might be completely disconnected from the brand you’ve been building. Here are 7 key reasons why you should consider redesigning your website.
Haystack
AUGUST 7, 2018
Earlier this summer, my friend Michael told me about a small investment his team made up in Seattle in the Amazon ecosystem. We were about to move houses and with all the impending details that process was generating, I initially didn’t give it a proper look. As we were reviewing new deals, we flagged this one for being different in nature. And as we dug in more, we began to uncover how little we know about a new potential business line for Amazon.
Up and Running
AUGUST 8, 2018
This article, which originally appeared on our LivePlan Blog , is part of our “Business Planning Guide” —a curated list of our articles that will help you with the planning process! Most people think that meetings are a waste of time. They’re right. Too many meetings are run poorly, have no real objective, and waste employees’ time—which kills productivity.
YoungUpstarts
AUGUST 9, 2018
by Krystal Russell, CPA at LYFE Accounting. Apart of being a successful entrepreneur is wearing many different hats. In the beginning stages of most startups, the founder is the manager, marketer, salesman, among other titles. Included in this list is the role of accountant. Unfortunately, most small business owners are not accountants and find themselves neglecting this function completely.
crowdSPRING Blog
AUGUST 6, 2018
It’s a given by this point that your business should have a website. Establishing a presence on the web was probably one of the first things you set up, after your logo and branding strategy. But is your website as effective as it could be? And is it helping or hindering your business? As we wrote recently , If your website isn’t well-designed, quick-to-load, and easy-to-navigate, you’re sabotaging your brand’s valuable online presence.
Berkonomics
AUGUST 9, 2018
Here is a phenomenon I discovered over time when dealing with many small start-ups in their early revenue period. A very predictable series of rotating crises seemed to befall most every one of these young companies. These became so predictable that I could accurately label them as occurring about every $3 million in gross profit (or revenue for service companies).
Transformify
AUGUST 9, 2018
Being a digital nomad, who manages a 100% remote company , I face daily the perception that the digital nomads are people privileged enough to travel the world, work from anywhere while sipping a cocktail and building a business of their own. Very few realize the fact that the digital nomads have many faces and work from anywhere because there is a valid reason for not being able to work from an office.
YoungUpstarts
AUGUST 7, 2018
It’s no secret that happy employees mean a happy and prosperous business. Companies that have employee-friendly policies provide a better work-life balance, create a less pressurized workplace have higher employee retention rate, and get more out of their workforce. On the other hand, businesses that don’t appreciate their employees have a tough time holding on to them.
Startup Professionals Musings
AUGUST 4, 2018
If you are one of the new age of entrepreneurs who hates the thought of doing a business plan as a first step in starting your new venture you will love this message. More and more professionals agree that a better strategy is to explore and fine tune your assumptions before declaring a specific plan with financial projections based only on your dream and passion.
deal architect
AUGUST 7, 2018
Most people assume Gartner analysts spend their lives drawing up magic quadrants. Actually the biggest single activity for most analysts is handling client calls as they look for new solutions. When I run into Gartner analysts at industry events I.
Duct Tape Marketing
AUGUST 9, 2018
Fighting Unconscious Bias in Your Organization written by John Jantsch read more at Duct Tape Marketing. Marketing Podcast with Dolly Chugh. Podcast Transcript. My guest for this week’s episode of the Duct Tape Marketing Podcast is Dolly Chugh. Chugh is a psychologist and associate professor of management and organizations at the Stern School of Business at NYU.
YoungUpstarts
AUGUST 8, 2018
by Yiannis Gavrielides, CEO of Covve. I have always been organised and I don’t like to let anything drop; I am an 80:20 person and I look for efficiency in everything I do; I love gadgets and technology and I am an early adopter. I need all the help I can get to manage the combination of: (i) running a startup, (ii) being a board member in a few young and fast-growing companies, (iii) remaining close with my family consisting of a demanding wife and 3 kids, and still having time to spend with my
Startup Professionals Musings
AUGUST 6, 2018
When the business is struggling, most business owners I know feel like anything but a leader. They start second-guessing their own vision, and are prone to making snap decisions suggested by someone else, in lieu of their carefully crafted processes and metrics. Entrepreneurs who can keep their cool under fire are the long-term winners I look for as an experienced angel investor.
Scalable Startup
AUGUST 9, 2018
Raising seed capital is a tricky business. I get approached often by tech startups looking for their first outside funding. They come in lots of different flavors and stages of fundability. Most are making major mistakes in their approach when seeking capital. Remember, this is a professional process you are conducting with legal and financial processes.
ReadWriteStart
AUGUST 7, 2018
Businesses today have no time when it comes to creating a website and putting in the right effort to rank in local search. It is perfectly normal since you all know that cost of retaining a customer is way cheaper than acquiring a new one. Similarly a business would rather pay for a lead that […]. The post How to Use Cornerstone Content to Kick-start Automatic-SEO?
YoungUpstarts
AUGUST 10, 2018
by Chris Westfall, author of “ Leadership Language: Using Authentic Communication to Drive Results “ Did you know that two-thirds of managers are uncomfortable talking to employees for any reason at all? That’s a troubling statistic. Being able to share your story with others is central to your impact as a leader. If this is an area you need to brush up on — and even if it’s not — we need to look at your delivery to make sure your message will matter.
Startup Professionals Musings
AUGUST 9, 2018
It’s hard to be successful in any business when your customers can’t find you, or they find you and still can’t figure out whether your solution works for them. Thus I was surprised to see in a recent CNBC survey that 45 percent of small businesses still don’t have a website. These are missing a major opportunity to be found instantly via the Internet, locally and around the world.
Version One Ventures
AUGUST 7, 2018
The predominant narrative among Silicon Valley start-ups has been: don’t open a second office until you have reached 100+ employees. Yes, there are tremendous advantages when everybody works out of one headquarters. However, the pressure of sky-high housing costs, salaries and competition for suitable candidates is causing start-ups and investors to rethink their approach to distributed teams.
Mike Michalowicz
AUGUST 7, 2018
What does this picture remind you of? I think it looks a lot like that still from Gone With the Wind, the one taken just after Scarlett O’Hara says, “As God as my witness, I’ll never go hungry again!”. That’s not Scarlett in the picture. That’s Cyndi Thomason, founder and president of Bookskeep, standing in front of Pyrocumulus clouds at the Kileaua eruption in Hawaii.
YoungUpstarts
AUGUST 9, 2018
by Mark Sands, Co-Founder and CEO of High Risk Merchant Account LLC. Google has just launched the new Google Pay redesign, with a new interface and overhauled on the payment app. Google Pay will replace the older Android Pay platform. Google Pay will allow user across multiple devices, this includes I-Phone IOS users and will surely take market share from competing Apple Pay customers.
VC Cafe
AUGUST 8, 2018
Startup landscape maps remain, in my opinion, one of the best ways to quickly scan an industry vertical and understand how it breaks down into sub sectors. In this post I collected the Israeli. This is a content summary only. Click on the post title to continue reading this post, share your comments, browse the website and more!
Feld Thoughts
AUGUST 8, 2018
What do these numbers mean to you? At a recent offsite, during our conversation about evolving our communication patterns (which I refer to, in my head, as “the Matrix”), Ryan said “16-49-81.” Everyone stared at him and I responded “4-squared, 7-squared, 9-squared.” Then, everyone nodded their heads but were probably thinking “these guys are numerology goofballs.” But then Ryan said, “ Metcalfe’s Law ” and everyone immediately und
The Startup Magazine
AUGUST 6, 2018
We have spent the last few months developing a Start-Up Guide for Moving Offices to provide useful information and help companies avoid the many pitfalls associated with relocation. Finding and moving office is one of the many challenges a start-up will face. If not handled properly, the process can result in expensive mistakes which may be detrimental to the future of the business.
YoungUpstarts
AUGUST 8, 2018
by Steven R. Power, Global President, Deputy. Business can be a battlefield. This is not typically what people anticipate hearing when they ask me to share my thoughts on leadership. They usually expect me to give a canned talk about my business background. Before becoming Global President of Deputy , I’ve been fortunate to hold a number of powerful positions in companies: President, CEO, Founder.
YFS Magazine
AUGUST 10, 2018
Technological advancements have a tendency to rapidly change industries. Tech is not just reshaping real estate; it’s revolutionizing it. In real time.
Feld Thoughts
AUGUST 6, 2018
Semil Shah recently wrote a post titled Investing Outside The Bay Area. In it, he talked about his own experience expanding his investment horizons beyond the bay area, but also mentioned some other folks, including us and USV, where he did a quick analysis of the location of our partner funds. From Semil’s post: “Another firm linked closely to USV — Foundry Group in Boulder — has also been investing with an eye for geographic diversity.
The Startup Magazine
AUGUST 6, 2018
Cryptocurrency has changed the way we invest our savings, raise capital, and perform transactions with decentralized digital cash. It is a once-in-a-lifetime creation that presented our lives with such a breakthrough, especially in financial technology. After several years since the existence of Bitcoin and other cryptocurrencies, entrepreneurs are seeing the benefits of adopting blockchain technology in their dealings this 2018, as the use of cryptocurrency can give entrepreneurs advantages in
YoungUpstarts
AUGUST 10, 2018
The world of business regularly undergoes a changing of the guard, which is only natural given that only the most enterprising and innovative individuals can succeed in the choppy waters of entrepreneurship. That being said, the world is undergoing significant changes and advances in technology at an unprecedented speed. The young entrepreneurs who grew up in the midst of this technological boom have been slowly but surely changing the face of businesses, and will continue to do so for some time
YFS Magazine
AUGUST 8, 2018
A good business credit score can be a cornerstone in the success of your small business. Here are three things you can do to improve it.
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