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For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. This is the mysterious and dreaded due diligence process, which can kill the whole deal. In reality, it is nothing more than a final integrity check on all aspects of the business and the team.
Your fascination with cleanliness and hygiene may have led you to contemplate starting a carpet cleaning business. Not just any carpet cleaning business, but specifically an endeavor in dry carpet cleaning services. This blog aims to guide you through the process, from the initial steps of conducting market research to operational management, hiring staff, and more.
First, think about your time as money! We’ll get to my heartbreak in a minute. But first… There is a relationship between time and money that is more complex than most managers think. Fixed overhead for salaries, rent, equipment leases and more make up the majority of the “burn rate” (monthly expenses) for most companies. Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues.
Beyond the Buzzwords: Learn How to Develop Your Writing Voice written by John Jantsch read more at Duct Tape Marketing Marketing Podcast with Anne Janzer In this episode of the Duct Tape Marketing Podcast , I interviewed Anne Janzer, a nonfiction book coach and author of multiple books on writing and marketing. Human behavior and cognitive science fascinate her, and she is always searching for clues to improve our communications.
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
For a mission-driven organization, investing in board software to help your board be even more effective is a key decision. Every penny counts, the reputation of your organization matters, and when it comes to ensuring the effectiveness of your board, the role of board software cannot be overstated. Obviously, we are biased and think you should be choosing BoardEffect but, regardless of that, over the years of onboarding new customers, we have been asked many questions.
I’ll start by taking you to the world of Startup X, a passionate team of entrepreneurs who believed they had the next big thing in the world of software as a service (SaaS). They poured their hearts and souls into creating an innovative product fueled by the desire to make a difference in the lives of their target audience. However, despite their best efforts, they struggled to gain traction.
Most entrepreneur that fail are quick to offer a litany of constraints that caused their demise – not enough money, time, customers, or support from the right players. Ironically, as a startup investor and mentor, I have seen too many failures caused by just the opposite – too much money spent too soon, taking time to get product perfection, and assuming customers will wait.
Most entrepreneur that fail are quick to offer a litany of constraints that caused their demise – not enough money, time, customers, or support from the right players. Ironically, as a startup investor and mentor, I have seen too many failures caused by just the opposite – too much money spent too soon, taking time to get product perfection, and assuming customers will wait.
Beyond the Full-Time CMO: How Companies are Opting for a Fractional Future written by John Jantsch read more at Duct Tape Marketing 0 The Duct Tape Marketing Podcast with Nicole Bernard In this episode of the Duct Tape Marketing Podcast , I interviewed Nicole Bernard, a seasoned marketing professional with an impressive legacy that includes stints at Microsoft and collaborations with big names like REMAX and Venus Williams.
Nonprofit organizations play a pivotal role in addressing a multitude of societal challenges, from championing environmental conservation and healthcare accessibility to advocating for human rights and education equality. However, as we find ourselves in an age of skepticism and information overload, the question of public trust in nonprofits has taken on a new level of complexity.
Minna Lim shares her journey from not knowing how to code to realising her technopreneur dreams by designing her own app, Lovpipo. The post How An Online Course Helped Me Realise My Dream Of Being A Technopreneur appeared first on Young Upstarts.
Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. If you need funding for these early stage activities, I have some suggestions on better strategies to follow.
In this 101st episode of Burning Platform, we host Paul Kurchina, SAP Community Evangelist, Connector and Analyst. Paul has been a fixture in SAP World for 3 decades – as a customer, as an SAP Mentor, active in various user.
Customer obsession is a top-down commitment that requires buy-in across the org chart. Here are a few valuable ways to build a more customer-obsessed organization. The post Are You Customer-Obsessed? Here’s Why You Should Be appeared first on Young Upstarts.
A common challenge faced by every entrepreneur is that they don’t have the bandwidth, interest or skills to do everything that is required to build their startup. Of course, they can outsource part of the work or hire employees, but that approach means more time and money to manage the work, which they don’t have. The right answer is to find a co-founder with complementary skills.
Turn Fear Into Success! This time of year, you see plenty of spooky decorations, haunted houses and scary costumes. But to you, your big goals may be more frightening than anything else! No worries! It’s time to put that fear aside and… F: Fight for what you want! Life is short. If you have a great idea, pursue it with everything you’ve got. After all, do you want regrets later in life?
No matter how intense the changes swirling around us may be, the basics of effective leadership haven’t changed. Robert L. Dilenschneider pinpoints some traits every leader should cultivate. The post Six Traits That Empower You To Lead Effectively In Any Environment appeared first on Young Upstarts.
As a business advisor, I meet many business professionals and aspiring entrepreneurs who are anxious to be their own boss , or have an innovative idea to start or acquire a new business. I have to tell each of you that starting and growing a new business is a long hard road , but can be very exciting and satisfying if you find the right match, and do your homework before you start.
When you are using the right channels to boost your business’s growth , this is only half the battle. High-quality engaging content is the lifeblood of any successful business’s marketing strategies, but it can be tough to have the right resources in-house to do this properly. Outsourcing is an invaluable solution, and while many companies use content agencies to ensure they create enough content this is where the quality versus quantity debate rides high.
Each business has a story. No matter if the business is a Goliath like Wal-Mart or a local business owned by a couple or family, the business has roots in an idea. For each business owner, the story of their journey can range from monetary needs or the passion for a unique project. Each story is different though the reasons may remain the same. No matter the tale, the background behind each and every business is what fuels each and every brand.
If you are a business owner who is not sure of how to improve customer satisfaction, these tips will have you up and running in no time. The post A Customer Satisfaction 101 appeared first on Young Upstarts.
Within the ever-changing realm of education, storytelling persists as a timeless tool for learning. Stories, with their captivating charm, have the power to inspire, engage, and empower students of all ages. The tales we weave and the manner in which we spin them can significantly influence the learning experience and shape our students’ perceptions of […] The post Inclusive Storytelling in Education: Discussing why it is important for our education system and resources for teachers
As an investment partner, Claire England will lead a new office in Austin for Dallas-based GPG Ventures, a venture capital firm. GPG has invested in more than 100 startups nationwide. Its investments range from the seed stage to Series B.
Whenever one thinks of company registration online & wishes to start a business online, the thing that comes is internet & operating such a business through it. The post Starting Online Companies Take and How It Ended first appeared on Our Own Startup.
Weekend Favs September 30 written by John Jantsch read more at Duct Tape Marketing My weekend blog post routine includes posting links to a handful of tools or great content I ran across during the week. I don’t go into depth about the finds, but I encourage you to check them out if they sound interesting. The photo in the post is a favorite for the week from an online source or one I took on the road.
In our previous posts, we discussed how to call a Board of Directors Meeting, the Quorum Required for the meeting, along with the Means of Attendance, Written Resolutions Documenting the Board Minutes, Duty of Care, and addressing potential conflicts of interest. Our third installment will delve into the importance of well drafted meeting minutes. The post Board Meetings and the Importance of Well-Drafted Minutes appeared first on Gust.
Business brokerage is a profession filled with opportunities and challenges, and understanding what it entails is crucial for those considering this dynamic career path. The post What Does It Mean To Be a Business Broker? first appeared on Our Own Startup.
“It’s not you, it’s me.” You may have heard that from an ex, but if you own a business, you may have heard it from an employee. And I hate to break it to you, but when your employees leave, you likely have something to do with it. The market is demanding a new kind of leader. You have post-pandemic Quiet Quitting, the Great Resignation, and back-to-the-office conundrums.
Two new industry reports paint the picture of the Israeli tech ecosystem in 2023. The picture that emerges is one of a major decline in venture activity (consistent, but a bit stronger than the declines in US and Europe), but on the other hand, we’re starting to see the signs of stability in the rate of decline. According to the preliminary Q3 2023 report by IVC (a revised version should come out mid October), Israeli tech companies raised $1.67 billion in the third quarter of 2023 in 85 d
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There’s a growing recognition of the critical connection between workplace security and employee mental health. I’ve personally witnessed the transformative impact of creating a secure and empowering environment for employees in my own business. It was easier to do than I thought, too. S is for safety In the FASO model in All In , I explain how Fit, Ability, Safety, and Ownership create unstoppable teams.
When Decent, a healthcare startup, wound down the bulk of its operations earlier this year, a small group of employees decided to start StretchDollar. “Four of the five of us came from Decent,” said Marshall Darr, CEO and co-founder of StretchDollar. He previously worked at Decent with StretchDollar Co-founder and Chief Operating Officer Kaiza Molina.
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