Sat.Dec 22, 2018 - Fri.Dec 28, 2018

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4 Quotes From Successful Small Business Founders

Up and Running

Bruce Carr, left, of Web Ninja. Are you ready to start your business this year? Sometimes it can help to hear from small business founders who were able to breathe life into their business idea and make it go. These four founders shared their success stories with our LivePlan team over the past year. Here’s a little insight into what helped them take their businesses from an idea on a napkin to a reality.

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Fear Of Failure Makes It A Self-Fulfilling Prophecy

Startup Professionals Musings

People with a victim mentality should never be entrepreneurs. We all know the role of starting and running a business is unpredictable, and has a high risk of failure. For people with a victim mentality, this fear of failure alone will almost certainly make it a self-fulfilling prophecy. I’m sure you all know someone who is the perennial victim. The problem is that most of these people aren’t likely to accept your assessment, so it’s hard to help them.

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How to Protect Your Intellectual Property

The Startup Magazine

Anytime you create something, you’ll want to protect it in the best way possible. Unfortunately, far too many people lose out on the valuable work they’ve created or thought of. They simply didn’t take the proper steps to protect its intellectual property. Source: Pixabay. According to the legal team over at FightingForYou.com , “Just like you’d protect your team with safety rules that prevent personal injuries on the job, you’ll also want to have similar procedures in place to protect your crea

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Emotional Intelligence And Success At Work: What’s The Connection

YoungUpstarts

Emotional intelligence is one’s ability to recognize and understand their emotions and skills that they can use to manage and improve relationships with themselves and others. Emotional intelligence at the workplace, on the other hand, can be used to perform work duties but also exercise self-management, self-control, provide effective leadership and emotional support to co-workers.

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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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6 Ways to Profit From Your Patent

Up and Running

You had a great idea for an invention, and after spending months brainstorming, filing, (waiting) and discussing the details with your patent attorney, your patent is granted. Filing for a patent isn’t cheap, so it makes sense that if you went to the trouble of protecting your idea, the next step is to figure out how to profit from it. According to Forbes , in 2014, 95 percent of the 2.1 million active patents weren’t licensed or commercialized: they didn’t generate any money.

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Business Lessons Often Ignored In The Heat Of Passion

Startup Professionals Musings

Most aspiring entrepreneurs are convinced that their idea and passion are so great that failure is not a possibility. They relate quickly to one of the big successes out there today, including Facebook, Airbnb, or Snap, and can give you a dozen reasons that they are in the same category. It’s a good way to get some inspiration, but not an accurate representation of reality.

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How To Choose The Right Project Management Tools

YoungUpstarts

In the recent past, choosing the right project management tool was a tough decision as it was such a significant investment. Now, due to the way technology has changed how businesses connect through the Internet of Things, the challenge is choosing the right tool from a plethora of options. While different industries and niches will have specific needs, there are a few traits that everyone can benefit from in project management software.

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“Your Portfolio Is Your Path”

Haystack

You are the average of the five people you spend the most time with. You are what you eat. About a year ago, I tracked down a VC who gave a talk I heard about where he referenced the phrase “Your portfolio is your path,” it stuck out in my mind because amid all the noise, it was simple, brief, and yet still open to interpretation. We hung out and I asked him about the entire talk he gives (a subject for another post, if he agrees to it), but this one a small portion of it and I think

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10 Questions To Test Your Aptitude As An Entrepreneur

Startup Professionals Musings

Currently there is no professional certification, or standardized testing, as there is for accountants and lawyers, to see if you are ready to tackle the rigors of starting a new business. In fact, some pundits argue that the best entrepreneurs, including Bill Gates and Mark Zuckerberg, actually dropped out of school early to start their businesses, implying a negative relationship to training.

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Are You Remarkable In An Ordinary Industry?

YFS Magazine

Is there anything about you or your business that’s remarkable? Sure, I know you’re smart and capable. But I’m talking here about something different.

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6 Lifehacks That Will Help You Save On Mobile App Development

YoungUpstarts

The cost of a mobile app depends on a variety of factors such as functionality, design, supported platforms, targeted audience, integration points etc. There isn’t a single software project where price doesn’t matter. Even when the customer has money to burn, they would rather get more for the same price. In this article, Belitsoft experts have gathered 6 useful ways to optimize spending on your next mobile app project. 1.

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The Brilliance of Binary Stars

Feld Thoughts

I love the concept of Binary Stars. Ian (my co-author) and I are using it in our upcoming book The Startup Community Way which should be out in the second half of 2019. Amy gave me a New Yorker article titled Binary Stars: The Friendship That Made Google Huge. It’s the story of the partnership between Jeff Dean and Sanjay Ghemawat whose pair programming approach in the early 2000s changed the course of the Google and the Internet.

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Funding Alternatives Change As Your New Venture Grows

Startup Professionals Musings

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. That’s like trying to sell part of something to a stranger for big money when you haven’t fully defined it yet. It won’t work, it costs time and money, and hurts your credibility when you need them later. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy).

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The Elevator Pitch Example You’ve Always Needed

The Startup Magazine

The ability to cultivate professional contacts is a key competency in the world of business. Enter the elevator pitch, a tried-and-true networking tool that is crucial for any successful business leader to master. What Is an Elevator Pitch? Elevator pitches are beneficial because they allow speakers to quickly and succinctly explain to others who they are and what they offer, opening the door for future business relationships.

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The Spending Power Of Millennials And Industries We’re Not Killing

YoungUpstarts

by Harsha Cuttari, CTO of AQUA Intelligence. From avocado toasts and pumpkin spice lattes to pricey Yeezys and international vacations, Millennials and their 200 billion-dollar buying power have a great deal of influence over the economy. But, how exactly are Millennials spending their money and to what extent do companies have power over them? Millennials are moving away from material objects and spending a lot more money on traveling.

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3.5 Notes From Our Most Substantial Venture Exit So Far

Hunter Walker

BuildingConnected , a leading construction tech SaaS startup, was acquired for $275m as part of Autodesk’s push into the vertical. I strongly believe the detailed story of the company’s success is the founders’ one to tell if they choose to do so, but at the risk of excessive inside baseball, I’ll share my perspectives from the cap table.

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The Perfect Pitch: A Pixar Storyteller’s Secret

Up and Running

For 25 years, it’s been my job to craft heartwarming and sometimes heart-wrenching stories about rats that want to cook, fish that become better parents, and toys that learn to get along. Stories can transport us to unique (and imaginary) worlds, transforming the way we think and feel by placing us in the paws, fins, or cowboy boots of the heroes going through life-changing events.

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Finding and Retaining Quality Employees

The Startup Magazine

Finding good quality employees is probably the single most important thing you can do to ensure that your business runs smoothly. Hourly employees make up over 60% of the general workforce; however, retaining quality employees may be difficult. Employers must be willing to offer competitive wages and a benefits package if their intention is to attract and retain quality employees.

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Four New Year’s Resolutions Every Entrepreneur Should Set

YoungUpstarts

by Annalisa Parent , CEO of Laurel Elite Books and author of “ Storytelling for Pantsers “. With the New Year right around the corner, it’s a great time to start thinking about your resolutions. Everyone should set goals at the beginning of the year, so they have some idea of what it is that they want to accomplish. In other words, by setting goals you will solidify your long-term vision for what it is that you want to achieve.

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5 Mistakes That Will Kill Your Business

YFS Magazine

Without reason, it’s these fatal mistakes that can be most common among new entrepreneurs. Here's an inside look at how to avoid them.

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Lean Startup in New Places: The Lean Startup Conference 2018

Startup Lessons Learned

So much happened when the Lean Startup Community came together in Las Vegas last month for this year’s conference that I’m still processing it all. The high levels of learning, great conversations, and most of all camaraderie between entrepreneurs of all kinds was amazing to be a part of. It was great to see so many of you there, and in particular to talk with so many different kinds of Lean Startup practitioners. 700 people joined us in Downtown Las Vegas for our sold out events, and another 25

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Founder Interview: Jeff Kubas from Vertex Resource Group

The Startup Magazine

As part of The Startup Magazine Founder Interview Series , we talked to Mr. Jeff Kubas. Jeff is the Founder and CEO of Vertex Resource Group. He has some insights on staffing your company and thoughts on how to make your company successful. Here is more of his story: TSM: Describe your product/service in 10 words or less: Jeff: We match the right people with our clients in order to create long lasting relationships.

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7 Things To Consider When Buying Property For Your Business

YoungUpstarts

At some point in your business’s development, you may need an office space, a retail storefront, a warehouse, or even an entire factory. You may even want a building to sublet to tenants , or a place to call your headquarters. Whatever your motivation, you’ll be interested in buying property for business, but before you pull the trigger, you’ll need to keep some key considerations in mind.

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How To Transform Star Employees Into Future Leaders In Your Company

YFS Magazine

If you train employees to take leadership positions when needed, you’ll save time, money, stress, and ensure valuable knowledge stays in your company.

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Planning And Strategery Over The Holidays

Haystack

The end of the year and holidays in general are, at least for me, a time to plan out the next year. Sure, as Mike Tyson mused, everyone has a plan until they’re punched in the face, but even if that punch is coming, having the time and space to let my brain rest a bit and mill around the house (even with kids and their chaos) let’s me think about what I want to focus on the next year and what I want to eliminate.

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Running a Home-based Business on a Modest Budget

The Startup Magazine

We don’t always have start-up funding to help us move into a commercial office right away or hire full-time staff in the first month. Sometimes it’s necessary to bootstrap your company as a home-based business while managing fewer resources. This might be because you don’t wish to burden a new business with debt before it’s even had a chance to find its first customers, or simply because you disagree with borrowing money.

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7 Tips For Planning A Successful Marketing Event

YoungUpstarts

Planning a marketing event can be stressful, even more so if things do not turn out right. You might have booked a venue and set a date, but you are not sure if your target audience will show up. Perhaps you are also worried about whether people will enjoy themselves. If you want to ensure your marketing event is a success, here are a few tips to start you off in the right direction. 1.

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How To Choose The Best Startup Accelerator

YFS Magazine

Startup accelerators, also known as seed accelerators, are a great way for your startup to gain traction, access capital and customers.

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Top 10 business startup ideas for 2019

Our Own Start-up

Regardless of how well you run a startup, businesses that provide a product or service that nobody wishes to purchase will be unsuccessful.

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How to Choose the Best Office Space for Your Startup?

The Startup Magazine

Starting a new business is an exciting journey. You have finally decided to take the initiative and invest in your dreams. You have put together the perfect business plan, received the necessary funding to start, now all you need is the perfect office space for your new business. Unfortunately, this can be easier said than done, but with the following tips you will be able to choose an office space that not only fits your business but helps your business to success.

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Make Your Brand A Wallflower: Why Social Media Demands You Step Back

YoungUpstarts

by Kevin Lund , CEO of T3 Custom and author of “ Conversation Marketing: How to Be Relevant and Engage Your Customer by Speaking Human “ . I have a challenge for you. Write a short blog post that solves a problem in your industry but doesn’t mention your company or product. Not even one time. Sound hard? Try doing it every day for a month.

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Hot Deals And Good Deals

Haystack

In the lexicon of startup investors, there’s a term I’ve felt needs to be unpacked a bit: “A good deal.” What is a good deal, really? Is a good deal one that’s hot or competitive? Is that a sign of goodness? Or ones that are proprietary, where one or a few investors see it before others and have the option to do it first?

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Do You Search For Your Name When You Join a New Slack Group?

Hunter Walker

Slackenfreude – the joy in knowing that as a Slack group grows, the likelihood of a new member searching their name and finding they’ve been slagged on in earlier conversations reaches 99.9%. There’s increasing punditry consensus that “small group” products will be one of the beneficiaries of the backlash to public, scale social media.

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Easy Ways for Startups to Avoid Data Breaches

The Startup Magazine

Cybercrime has steadily been on the rise for nearly two decades. As prominent security companies continue to step up their game, seasoned cybercriminals consistently find ways to get around their roadblocks. With hackers and information thieves seemingly lurking around every corner of the web, it’s imperative for startups to secure their data. Source: Pexels.

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Inside The Mind Of A Self-Employed Worker

YoungUpstarts

by Patrick Adcock, marketing analyst at TSheets by Intuit-owned QuickBooks. Self-employed workers are a diverse segment of the workforce ranging from photographers and designers to real estate agents and rideshare drivers, but a new survey released by QuickBooks Self-Employed identifies the common threads that bind them together as self-employed workers.

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Risk And Reward

Haystack

I’ve been thinking about the timeless phrase, “risk and reward.” Entrepreneurs and investors both need risk in order to reap a reward. Of course, founders and early employees often take very different risks than investors do. There are always examples to break the rules, too — successful, repeat founders who become LPs in funds and/or invest on the side (even on a side fund), or investors who branch out on their own to start their own franchises.