This is going to be BIG.
OCTOBER 22, 2017
Influencers. Kingmakers. Sharks. Power brokers. Visionaries. There are a lot of ways the startup world describes venture capitalists that portrays a certain power dynamic, real or perceived, that I believe is at the heart of so many of the industry's problems. The industry treats VCs as if they hold all the cards, and the worst behaviors of investors reflect that.
A Smart Bear
OCTOBER 17, 2017
Forget work/life integration for a minute. How much time do you have, regardless of partitioning? From your 24-hour daily allotment, the 1950s-style break-down is 8 hours for work, 8 for home and commute, and 8 for sleep and ablutions. So, “work” and “home” are the two things in which you can spend 40+ hours per week. This is the amount of time it takes to tackle something huge.
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Entrepreneurs' Organization
OCTOBER 13, 2017
By EO member Ben Welch-Bolen. Fear is a basic human instinct bred into our DNA to help us avoid danger. Without a healthy fear of falling, fire, spiders and clowns—ok, maybe not clowns?our lives might be significantly shorter. But fear isn’t our only basic drive; we’re also compelled to propagate our species. These two instincts collided for me on 20 April, 2016, when my wife delivered a clever knock-knock joke to inform me that I would soon be a dad.
OnStartups
OCTOBER 4, 2017
Today the State of Remote Work 2017 report revealed that 63% of people in product and engineering roles work remotely at least once per week, which is 21% more than the average. Along with key findings on how remote work is changing the workplace, the report also revealed that startup environments may be a particularly strong match for remote work. Why might that be?
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Berkonomics
OCTOBER 12, 2017
Close. In 1981, Herb Cohen wrote and published “ You Can Negotiate Anything ”, an excellent guide to great negotiating. I’ve read and reread the book a number of times and find myself using the techniques often in many areas of my life. One of his lessons remains clearly on my mind and is a variant of the old “You name the price and I’ll name the terms” challenge that works so well in negotiation.
Startup Catalyst Brief brings together the best content for the entrepreneurial ecosystem from the widest variety of industry thought leaders.
This is going to be BIG.
OCTOBER 16, 2017
Last week, I heard the word "difficult" describing investors twice. Once was about me and once wasn't. The founder and investor relationship is, in fact, a difficult one to get right. Both sides walk in with a lot of cognitive biases and style differences unique to every pair. Meanwhile, the work of trust building is hard and takes a long time. In one instance, there was an investor holding up a round after agreeing to sign off on something verbally.
A Smart Bear
OCTOBER 4, 2017
Idealistic founders believe they will break the mold when they scale, and not turn into a “typical big company.” By which they mean: Without stupid rules that assume employees are dumb or evil, without everything taking ten times longer than it should, without wall-to-wall meetings, without resorting to hiring anything less than the top 1% of the talent pool, and so on.
Entrepreneurs' Organization
OCTOBER 5, 2017
Stacey Brewer’s journey is marked by a passion for giving back. Together with fellow EO Johannesburg member Ryan Harrison , she founded SPARK Schools in South Africa in 2013. “W e’ve always been passionate about giving back to a country that has given us so much over the years,” says Stacey. “As it turns out, entrepreneurship was the vehicle to do just that.” While pursuing an MBA at the Gordon Institute of Business Science in Sandton, South Africa, Stacey saw an op
David Teten VC
OCTOBER 19, 2017
I presented a few weeks ago to the American Marketing Association Executive Forum on how their members can work with and earn money from private equity and venture capital funds. I discussed all of the major engagement models: Expert Networks, Consulting, Interim Executives, Advisors, Board Members, Deal Executives, and Executives in Residence/Entrepreneurs in Residence.
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Gearing up for 2025 annual planning? Our latest eBook from the Operators Guild is your ultimate guide. Discover real-world solutions and best practices shared by top CFOs, drawn directly from discussions within OG’s vibrant online community. Learn from senior executives at high-growth tech startups as they outline financial planning strategies, align CEO and board goals, and coordinate budgets across departments.
For Entrepreneurs
OCTOBER 17, 2017
For the sixth year in a row, we’re proud to work with KBCM Technology Group (formerly Pacific Crest Securities) to share results from a survey of over 400 private SaaS companies. The survey represents deep benchmarking data and insights on growth and operations of private SaaS companies. Thank you to the readers of forEntrepreneurs who participated in.
Tomasz Tunguz
OCTOBER 28, 2017
Starting in January, public software companies will report their financials using ASC 606. Normally, accounting changes are not that interesting, but ASC 606 will change several of the key attributes and benchmarks SaaS startups use. The two most important changes are changes to revenue and profitability. Today, all software revenue is recognized ratably over the contract period.
This is going to be BIG.
OCTOBER 3, 2017
I'm a lead investor. That means I'm usually the first person to put down a price on what your company is worth--a dollar value on months, if not years, worth of your work, blood, sweat, tears, stress, etc. "Here's a piece of paper that says how much I think your dreams are worth." The reality is, any price that I put down at the stage that I invest isn't going to feel like enough--and if it doesn't feel like enough, I'm probably grossly overpaying.
Berkonomics
OCTOBER 26, 2017
Allowing small problems to escalate into big ones is simple. Just ignore the signs for long enough and the job is done. It takes far more energy to review regularly the key performance indicators you’ve established for each individual and yourself. But a small excursion caught early and corrected saves massive corrective resources later. Take for example the manufacturing company with a small quality problem in one component, resulting in a test failure rate above the norm.
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Entrepreneurs' Organization
OCTOBER 25, 2017
Loren Brill didn’t set out to be an entrepreneur. In fact, it was a medical diagnosis that ultimately led her to start an all-natural cookie dough business called Sweet Loren’s. As a first-stage entrepreneur, she struggled to talk shop with her peers. The EO Accelerator program changed that. Not only did she reach her US$1 million mark, but she also discovered a network of friends, supporters and advisors.
Both Sides of the Table
OCTOBER 23, 2017
We all have a pretty good idea about things that drag down our productivity or suck up time that would be better spent on more fulfilling activities. Two years ago I made a commitment to stop bringing my mobile phone into my bedroom and with like a 95% compliance rate this made a big improvement. At nighttime I don’t check my email or social feed right before bed, which helps me from having last-minute anxiety before going to sleep.
For Entrepreneurs
OCTOBER 31, 2017
We recently released Part 1 results of our private SaaS company survey in partnership with KBCM Technology Group (formerly Pacific Crest Securities). This is the sixth annual survey we’ve produced together, which provides data to help SaaS companies benchmark their performance against their competition. In Part 1, we covered growth rates, go-to-market trends, operational aspects, and cost structure.
Tomasz Tunguz
OCTOBER 14, 2017
A startup’s competitive advantage is execution speed. That quickness stems from a CEO’s ability to decide and this ability separates the great from the good. According to a recently published Harvard Business Review article , one of the four key behaviors distinguishing exceptional CEOs is deciding with speed and conviction. [We] discovered that high-performing CEOs do not necessarily stand out for making great decisions all the time; rather, they stand out for being more decisive.
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Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.
This is going to be BIG.
OCTOBER 8, 2017
"Hi Charlie, I've requested a meeting with you during the first week of March. Here are ten reasons why you should take the meeting." This is an e-mail I got from Amanda Weeks in February 2014, and the beginning of a two and a half year journey that culminated with Brooklyn Bridge Ventures leading a pre-seed round for Industrial Organic that kicked off about a year ago.
Berkonomics
OCTOBER 19, 2017
Close. How about employees all the way down the line and through the corporation? How do we align them to the goals and strategies of the enterprise? Obviously for the appropriate individuals, a bonus program aligned to the department’s goals is appropriate. But how about awarding stock options for all employees? I discovered the power of ownership early in my management career, establishing an employee stock ownership plan (ESOP), once popular as incentive compensation as well as a tax write-o
Entrepreneurs' Organization
OCTOBER 18, 2017
We had a chance to speak with cryptocurrency investor Philippe Theunissen (PT) and brand consultant Qin Guo (QG) in Shanghai, and here’s what they had to say about their experiences as EO Accelerator participants. EO: HOW DID YOU LEARN ABOUT THE EO ACCELERATOR PROGRAM? QG: My business is in brand consulting. I actually started working for this company and now I own and operate it, so I have a lot of responsibilities and challenges.
Entrepreneurs' Organization
OCTOBER 3, 2017
If there were an easy way to reduce sick days, boost team morale, make happier customers, and create a more pleasant work environment, you’d probably try it, right? What if it could also make you physically and mentally healthier, and even extend your lifespan? And what if it is free? Good news. This magic cure already exists. It’s gratitude. Study after study has shown gratitude helps people become healthier, happier, and more successful, and it can impact your business in the same ways.
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CAPTARGET presents a masterclass in M&A deal sourcing. Learn to cast a wide net, embracing seller self-identification. Consistency is the linchpin: keep the origination process steady for a reliable flow of opportunities. Diversify your tactics, employing various tools and vendors. Tech matters! Understand DNS settings, domain authority, and brand presence for optimal outreach.
Entrepreneurs' Organization
OCTOBER 31, 2017
Every person—and every entrepreneur—has experienced defeat, and plenty of us are familiar with the adages about failure being a pathway to success. Such sayings are often crafted with the benefit of hindsight. Thomas Edison, for example, had long since developed the light bulb when he could assert, “I have not failed. I’ve just found 10,000 ways that won’t work.”.
Entrepreneurs' Organization
OCTOBER 30, 2017
You’ve probably heard the saying “life is a journey, not a destination.” Truer words have never been spoken. Even so, most of us find it hard to live this truth. It’s human nature to get caught up with destinations—however intangible. “When I finish my degree and land my first job…” “When I am married with three children and own my own mansion and drive a Range Rover…” “When I set up my business so that it runs itself and I am able to lie on the beach sipping cocktails all day…”.
Entrepreneurs' Organization
OCTOBER 20, 2017
Nita Maru has led a life of dreams —dreaming of traveling, dreaming of leading an interesting life overseas and dreaming of owning her own law firm. Today, these dreams have come true, but Nita is still pursuing learning and growth, while maintaining what she calls her “pureness of spirit.” In fact, one thing she loves about being an EO member is how she can learn from people with vastly different backgrounds and cultures, and then apply their insights to her own life.”Through these different pe
Entrepreneurs' Organization
OCTOBER 16, 2017
Brandon Dempsey’s entrepreneurial journey changed significantly when he decided to run Ironman. With significant hours of training and planning required, he could no longer put in the 70–80 hour work weeks. He also had to be more organized and rely more on his team. This paradigm shift, he says, eventually improved business development in his organization and even enhanced personal relationships, including his marriage.
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