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Written by Ruchir Punjabi , the co-founder and chief digital officer of Distributed Energy , a company that matches investors with renewable energy projects across Africa, Middle East and India, and the founder of Langoor, which was sold to Havas Group in 2019. He is also a member of the Entrepreneurs’ Organization (EO) UAE chapter. A version of the following article originally appeared on Entrepreneur Middle East.
By Elise Kemp. Life is unpredictable. Markets take a turn, opportunities disappear, and unforeseen circumstances prevent us from being able to follow through with business as usual. Adaptability is the key to survival in an ever-changing world. If external pressures force you to redirect your source of income, please remember this is not a failure. This is an opportunity to come out stronger and more resilient — and to get creative.
When pitching investors, remember that your ask is like porridge; it follows the goldilocks ratio and has to be just right. Asking for too much or too little funding will raise red flags with investors and cause you to lose credibility. So the question remains: what is the appropriate amount of funding founders should request? This is a difficult question to answer.
If your startup/organization/team struggles with ideation (the process of coming up with ideas), you fall into one of two camps: Those who struggle to come up with any ideas. Those who come up with plenty of ideas but struggle to identify which ones are worth pursuing. What follows is a step-by-step guide for solving both problems. The Short Version.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
There is so much confusion and misinformation out there about the government sponsored “payroll protection plan” loans to companies that the heads of every small business CEO in the country must be spinning. We have been advising a lot of entrepreneurs so I thought I’d “open source” some of the advice I have been sharing. I am not claiming to be the world expert on this.
A couple of weeks ago, I saw this tweet by my partner Albert: Must read thread on #Masks4All #covid19 [link] — Albert Wenger ????? (@albertwenger) March 28, 2020. I clicked on the underlying tweet thread and learned that some countries have adopted an approach where everyone wears face masks when they are out and about. That way, if you are infected and don’t know it, you won’t spread the virus to others.
A couple of weeks ago, I saw this tweet by my partner Albert: Must read thread on #Masks4All #covid19 [link] — Albert Wenger ????? (@albertwenger) March 28, 2020. I clicked on the underlying tweet thread and learned that some countries have adopted an approach where everyone wears face masks when they are out and about. That way, if you are infected and don’t know it, you won’t spread the virus to others.
Remember when owning a small business was risky but rewarding? Stressful but satisfying? And then COVID-19 hit. In the midst of a global pandemic, being responsible for your own business—as well as the livelihoods of your employees—very likely seems overwhelming if not completely debilitating. Nobody said entrepreneurship was easy, but certainly nobody predicted this devastating turn of events.
Let’s establish two things right off the bat: One, the Coronavirus Pandemic is a global tragedy that has already cost us far too many lives and create economic devastation. Two, if you are lucky, you are still being paid to do a job—a job that, for founders, marketers and sales teams, means connecting with customers during a terrible health crisis and a recession.
The venture fund launched a completely virtual program with a focus on helping 13 Urbantech, Healthtech, and Securetech startups with business development, customer growth, and capital raising in a time of economic uncertainty. Dreamit Ventures , an early-stage venture fund and growth-focused program for startups with early product-market fit, announced its latest batch of startups and kicked off its completely virtual Securetech, Urbantech, and Healthtech programs.
By Jewelle Saunders. The YLAI Network hosted three experts on financial planning for a Facebook chat in March 2020 for Global Money Week for network members. Our experts, ThrivingDollars ‘ Kenishia S. Mais, Desde Cero Finanzas ‘ Julio César Pineda and North Central College ‘s Dr. Ryan Decker, helped you work through your most pressing money management questions.
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?
Long before diversity and inclusion became buzzwords, we decided to make venture capital inclusive from day one at 500 Startups. They became our guiding principles, because we know that great talent exists in all forms, no matter your gender, race, nationality, age, or background. Since 2010, we have expressed our commitment to those values in multiple ways. 500 actively invested in founders who were diverse or were building for diverse customers; we shunned manels by making sure to feature fema
As policy makers around the world seek to mitigate the economic shock from this pandemic, one less obvious but powerful place to look are working capital flows. Yes we do need direct relief for small businesses like the forgivable PPP loans. We also need things like payroll tax deferrals and other relief from the CARES Act. We also need our capital markets to work so actions like the Fed is taking are necessary and important.
Contributed by Michael Neidert. Ryota Saito is an entrepreneur and member of Entrepreneurs’ Organization in Japan. He shared his experiences persisting despite disaster in a recent EO webinar about rebuilding through business. . When Ryota Saito left his home in Tokyo on 11 March 2011, he expected a typical day as a Microsoft employee. Instead, he found himself at the epicenter of an earthquake and tsunami.
We identified potentially promising—and interrelated—solutions to common obstacles to comprehensive IP education. The post how to strengthen IP education in university ecosystems appeared first on VentureWell.
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.
Friday, April 3 was supposed to be the orderly launch of the CARES Act Paycheck Protection Program (PPP) providing $349B of urgently needed funding to struggling startups and small businesses. Last Friday was anything but orderly. After PPP is finished, I don't think bankers in the US will ever again acknowledge the letter P as a letter in the alphabet. — samir kaji (@Samirkaji) April 7, 2020 To guide startups through the confusion, Dreamit interviewed three leaders helping startups se
By Jewelle Saunders. Following our Global Money Week Facebook chat on money management, budgeting, and financial planning in March 2020, we noticed an influx of questions about how to best manage your money and project growth during uncertain times. Here is advice from our experts, Desde Cero Finanzas ‘ Julio César Pineda, and North Central College ‘s Dr.
With the rise in regulations and restrictions surrounding COVID-19, we’ve entered unprecedented times on a global scale. On our end, we hosted our first-ever Digital Demo Day to ensure the safety and protection of our team and founders. Using YouTube Live and recorded presentations, as well as an investor-founder Slack channel, we found success in this new format.
I linked to a post by Cloudflare CEO Matthew Prince the other day. In it , he wrote: The super heroes of this crisis are clearly the medical professionals at the front lines saving people’s lives and the scientists searching for a cure. But the faithful sidekick that’s helping us get through this crisis — still connected to our friends, loved ones, and, for those of us fortunate enough to be able to continue work from home, our jobs — is the Internet.
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.
EO members are helping to drive the MillionLives.org project, which aims to deliver Personal Protective Equipment to front-line health workers. Written for EO by Molly Nur. Our body’s natural response to danger is always the same: fight, flight or freeze. Several EO members have banded together and are responding to the COVID-19 crisis with a fight of epic proportions.
Adam Stager of E-Team, TRIC Robotics, is working to eliminate pesticides from farming to protect workers and the environment. The post eliminating harmful pesticides from farming: q&a with Adam Stager from E-Team, TRIC Robotics appeared first on VentureWell.
Paul Martino, General Partner at Bullpen Capital. During our recent Dreamit Kickoff week, Bullpen Capital Founder and General Partner Paul Martino ( @ahpah ) spoke with our Spring 2020 cohort about the state of the VC ecosystem in the current economic crisis. Martino founded Bullpen in 2010 with a focus on post-seed, pre-Series A startups, and he led the fund’s investments in companies like FanDuel, Namely, Ipsy, SpotHero, Classy, and Airmap.
By Verónica Vásquez Cuerno | U.S. Embassy to El Salvador. Celina Portillo, CEO of Auténtico Bistro & Café, conducted a virtual roundtable with members of the YLAI Network in El Salvador. The issue on everyone’s minds was how to get their businesses through the current crisis caused by the health risks associated with the COVID-19 pandemic and by the quarantine that has forced them to close their restaurants.
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.
As a follow-up to our message on Angel Investing in Challenging Times, Christopher and I tasked Raza with putting together an update and perspective piece for the CEOs of our portfolio companies. The letter outlines our thoughts on some of the challenges they will face in the near term. In addition, Raza talks about steps each CEO should take right away to bolster their company.
This is the fourth funding friday blog post in which I’ve suggested good causes to contribute to during this pandemic. March 20th – restaurant workers. March 27th – health care protective gear. April 3rd – feeding people in need. Today, I would like to highlight The 1k project. The 1K project was built by Alex from NYC, Minda from Seattle, and a group of over 20 volunteers consisting mostly of tech founders.
Written by Abdul Wahab Al-Halabi, partner, Decker & Halabi , and member, Entrepreneurs’ Organization UAE. A version of the following article originally appeared on Entrepreneur Middle East. As an entrepreneur in the UAE, I have been in consumer-facing industries, such as leisure, food and beverage and fitness. As everyone knows, ever since the coronavirus pandemic hit us, most of these businesses have gone from making money to generating almost zero revenue, across the board, in a matt
For Earth Day, we're celebrating E-Team grantee, MITO Material Solutions, for bringing environmentally-responsible principles into manufacturing. . The post earth day, everyday: profile of E-Team, MITO Material Solutions appeared first on VentureWell.
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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