January, 2016

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Things I believe.

This is going to be BIG.

I believe in solvable problems, but that you can't make progress on them until everyone involved accepts responsibility for causing them. I believe that if you aim for compromise, you will be less successful than if you aim for creativity. I believe that if you treat people like you believe they can be better than they are, they will be. I believe that if you're not doing everything you can to get them there, they'll fail without you.

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Some Thoughts on Leadership Going into 2016

Both Sides of the Table

Having time to think about “leadership” at most startups feels like a luxury. It feels like something you could turn your attention to once you have tens of millions of dollars and a large staff to run operations and you could step back from it all and think about how to lead. The reality of most startups is about survival. And because running a company requires money to fuel staff and offices and acquire customers and the like, much of the time spent in early days at a start feels l

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Automated Marketing Systems That Last All Year

Entrepreneurs' Organization

By Will Swayne, an EO Brisbane member and Head of Strategy at lead generation agency Marketing Results. After the holiday season is over, many entrepreneurs approach January with big customer acquisition and revenue generation goals for the coming year. I know I do. But around seven years ago, I noticed a disturbing pattern in my business, and I’ve since realized that this problem isn’t limited to me.

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Valuation Part I: Peeling the Onion, or How Top Investors Value the Startups They Invest In

Gust

Early-stage technology company valuations are generally a crap-shoot. Bill Payne did a great post about this in October 2011. This post builds on top of his work, and attempts to shed additional light on the valuation process. New founders may think that startup valuations work like this: I figure out what the value of my existing company is I figure.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Pixar President’s Wisdom

Venture Hacks

Some highlights from Ed Catmull’s Creativity Inc. Ed is the President of Pixar. “If there is more truth in the hallways than in meetings, you have a problem. “The desire for everything to run smoothly is a false goal. “The truth is, the cost of preventing errors is often far greater than the cost of fixing them. “Rules can simplify life for managers, but they can be demeaning to the 95 percent who behave well.

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The Other Kind of Traction You Need to Get Funded

This is going to be BIG.

One of the earliest lessons a new VC learns is about building consensus within a firm. No matter what the voting structure is in your partnership, I think every VC can think of a deal that they got completely excited about, only to have the deal crash and burn when they showed it to the rest of their team. It can be one of the most confusing and frustrating things from the entrepreneur side.

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There’s No Such Thing as an MCN. It’s a Figment of Your Imagination

Both Sides of the Table

Spoiler alert: MCNs don’t exist. They are a figure of your imagination. 20 months ago we sold Maker Studios to Disney for $500 million in cash plus a large earn out. From the day after we sold the company until today I felt it was important that I not comment too much publicly about online video even though I continued to work actively in the sector and made five more investments.

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Clearing the Air: What I’ve Learned from Mountaineering

Entrepreneurs' Organization

Standing atop the 14,200 “milk bottle” summit of Starlight Peak, we watched the sun continue the last hour of its descent over the mountains to the west. We knew we had at least eight hours of descent to base camp – most of which would now be done with headlamps in the black of a moonless night. Although we summited via a different route than we were to descend, I had gone this route a few years before.

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Cities Building Community Wealth

Surdna Foundation

In cities across the nation, a few enjoy rising affluence while many struggle to get by. This situation is created in part by the practices of traditional economic development. Current trends threaten to worsen, unless we can answer the design challenge before us. Can we create an economic system—beginning at the local level—that builds the wealth and prosperity of everyone.

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How Top Tech CFOs Solve Annual Planning’s Biggest Challenges

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.

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Best of forEntrepreneurs

For Entrepreneurs

forEntrepreneurs is focused on writing about pressing topics founders are encountering and sharing the best resources and advice we can find to help you build your company. Based on readers’ feedback, we’re sharing the top articles from forEntrepreneurs in the hopes that you gain some new insights as well. Please enjoy and share with others who might also benefit.

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The Downward Pressure of Public Markets on Startup Valuations

Tomasz Tunguz

How have public SaaS companies fared in the public markets over the past few years? It’s been mixed. Over this three year period, 32 of 50 companies are worth more today than they were either at IPO or at their trading price three years ago. Of the remaining 18, 7 of those companies went public in 2015. It was a tough year for SaaS companies to go public.

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What is actually happening during a VC slowdown?

This is going to be BIG.

The public markets have been stumbling around lately, trying to figure out what China and oil prices mean for the rest of the world economy. That uncertainty creates fear--and in a US Presidential Election where fear is the debate topic de jour, we've got plenty of that to go around. Fear, not surprisingly, weighs markets down. But, that's a short term thing, right?

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Do VC Platforms Make Sense?

Both Sides of the Table

In the VC insider baseball world a discussion has gone on about “VC platforms” over the past 5 or so years. While firms define platforms differently, let’s just say they are the services that a VC offers outside of investment capital and partner time on boards or providing intros. Examples of VC platform services include: recruiting, marketing, design support, inside sales reps, consulting, accounting services and so forth.

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Your Fractional Finance and Accounting Team

Mighty Financial specializes in supporting the financial aspirations of small businesses and entrepreneurs. With our comprehensive bookkeeping and precise accounting expertise with decades of experience across diverse financial roles, our team offers tailor-made services ranging from essential bookkeeping to strategic fractional CFO support, catered specifically to the unique challenges of technology companies, startups, and SMEs.

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My Big Resolution for 2016

Entrepreneurs' Organization

For 2016, I’ve made what I think is a game-changing resolution, which will ultimately help me to be a better entrepreneur. This year, I will outsource every business function that is not a personal strength or core competency. The idea doesn’t necessarily appear profound, but consider the implications with me. One of my first big projects of 2016 is realizing a super aggressive integrated marketing strategy.

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Harvest your social media contacts

Berkonomics

You may not know that you have access to many “free” sources of social media contacts to help you in your marketing effort. The first semi–secret source is your LinkedIn contact list. You probably thought it was proprietary to LinkedIn, or at worst, available only when sending messages through LinkedIn to your list. I have thousands of LinkedIn contacts and am willing to assume you have a large number as well.

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Switch strategies

Derek Sivers

Life is like any journey. You need to change directions a few times to get where you want to go. Early in your career, the best strategy is to say yes to everything. The more things you try, and the more people you meet, the better. Each one might lead to your lucky break. Then when something is extra-rewarding, it’s time to switch strategies. Focus all of your energy on this one thing.

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The 12 Things I Know About You

Tomasz Tunguz

I know 12 things about you. You have a great need for other people to like and admire you. You have a tendency to be critical of yourself. You have a great deal of unused capacity which you have not turned to your advantage. While you have some personality weaknesses, you are generally able to compensate for them. Disciplined and self-controlled outside, you tend to be worrisome and insecure inside.

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Digitalization: 5 Tech Updates That Will Help You Survive The Recession & Thrive

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.

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That Time I Passed on Datadog Because I Didn't Understand the Market

This is going to be BIG.

Systems administrators get all sorts of data from all sorts of places and don't have a holistic view as to what's happening. More parts throw off more data, which makes optimizing and troubleshooting that much harder over time. That was the Datadog pitch in late 2010, my first full year of leading deals, that I got from two software engineers. Makes sense, no?

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Why I’ve Shifted More Attention to Facebook

Both Sides of the Table

I’ve been spending a lot more time on Facebook as a blogger than I ever did. So I thought it was worth explaining why. And I’m going to cross post this entire post on Facebook as an experiment rather than just posting a link on FB and trying to drive people to my blog. If you want to follow me on Facebook I’m here. So if you’re reading this on Facebook (or on my blog!

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EO Houston Gears Up for Second Annual Veterans Business Battle

Entrepreneurs' Organization

A passion for entrepreneurship and a desire to help U.S. military veterans has inspired members of EO Houston to put together the second annual EO Houston Veterans Business Battle. The business plan competition is open to any honorably discharged U.S. military veteran who submits a business plan through the event website, www.vetbizbattle.com. Finalists are invited to pitch their business ideas to a panel of investors for a chance at investment.

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Mailing lists, email marketing, errors, oh my!

Berkonomics

Using old email lists for the first time is like eating really stale doughnuts. The taste is pretty bad, and the side effects could be disastrous. Email companies like Constant Contact, Mail Chimp and many others all have strict rules they follow to avoid being caught in spam hell, with their servers blacklisted and worse. Each has automated software watching over your uploads of new lists.

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PE Mastery: CAPTARGET's Playbook for Quality Lead Flow

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.

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EO Member Jenny Vance “Throws Caution to the Wind”

Entrepreneurs' Organization

This story was featured in the March 2015 issue of Octane magazine. At a recent entrepreneurship summit, a group of speakers were discussing the perfect time to launch a company. The consensus surprised me a little— start before you’re ready. Like many entrepreneurs, I tend to be a perfectionist. I talk ideas out with peers, gather feedback and then methodically move forward.

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Power Up: Leveraging Entrepreneurial Skills to Live Your Best Life

Entrepreneurs' Organization

As a young, twenty-something, I had just left a promising career at a major accounting firm in order to pursue the entrepreneurial dream. I thought I was making a career choice. But I was wrong. It quickly became apparent that I had, in fact, made a lifestyle choice. When I left the accounting firm, nothing about my decision could be confined to the 9-5 hours.

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Adopting a Digital Mindset

Entrepreneurs' Organization

By Nicholas Addison Thomas , Director of Strategic Communications at EO. As the Director of Strategic Communications for the Entrepreneurs’ Organization (EO) , I am fortunate to be on the forefront of some exciting, new communication strategies that align with our department’s goal of educating and inspiring EO members—and all entrepreneurs—around the world.

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4 Tips for Reaching Productivity Nirvana in 2016

Entrepreneurs' Organization

By Tim Ferriss, Author, Early Stage Investor. This article was originally posted on Inc.com, a partner of the Entrepreneurs’ Organization , the world’s most influential community of entrepreneurs. Identify the underlying issues that are blocking you from reaching your goals this year. Each year we vow to be more productive. We tell ourselves we will manage our time better, reach our goals, and achieve more.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr