January, 2017

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Our Newest Project Octane: “A Path to Purpose”

Entrepreneurs' Organization

For 30 years, EO has been led by countless members who have volunteered their time to help strengthen the organization. Each year, thousands more do the same through the Path of Leadership (PoL) program, which equips members with the tools, knowledge and networks they need to grow as leaders. In this special interview, EO South Australia’s DAVID BARTHOLOMEUSZ , a longtime member leader and EO Accelerator trailblazer, opens up about his PoL journey, finding his purpose as a leader and giving back

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You name the price; I’ll name the terms.

Berkonomics

I admit that my dad taught me this when I was just a fifteen–year old kid starting a business and negotiating with suppliers for the first time. But I learned it again and again in my various business lives. The most striking example was the one hundred–million–dollar purchase of one of my companies by a New York private equity investor using only five million of its cash.

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The Software Startup Sectors Raising the Most Capital in 2017

Tomasz Tunguz

Over the last seven years, software startup investing has changed quite a bit. In 2010, classic SaaS was booming, the benefits of a subscription model were finally becoming clear to the public markets and the mass-market. Since then, many other types of software businesses have been created in new categories like agriculture technology and robotics.

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The Only Thing an Investor Can Give You that Matters

This is going to be BIG.

VCs promise a lot of things. We've got all these platforms, advisors, special partners, communities, networks.special economic bells and whistles, spaces, programs, partnerships, etc. Meanwhile, they most useful thing we can give you when you're first starting out seems to be the hardest to get: Honesty. VCs see a lot of deals. We see successful companies and others that fall on their face--so getting our actual opinions about something, pass or fund, can be really useful.

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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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Facebook 100 years from now

Don Dodge

Yesterday I posted a photo on Facebook of my grandparents taken in 1917, 100 years ago. It got me thinking about what our future grandchildren will experience 100 years from now. Facebook and Google will record and preserve our life experiences for hundreds of years. Think about that. I worked on my family genealogy over the holidays. My family landed in America in Beverly Massachusetts in 1628.

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The Art of Adaptation

Entrepreneurs' Organization

By Marisa S. White, owner and founder of White Sparks Photography. What skills guarantee entrepreneurial success? I’m sure many CEOs or analysts have identified the “secret sauce.” I could draw a Venn diagram with circles of business prodigies, and within the intersections, words like “optimism,” “grit” and “focus” would certainly serve as a foundation of survival in an ever- changing economy.

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Time, talent and treasure – Spending each wisely

Berkonomics

In the non–profit world, the term, “time, talent and treasure” has been used so often it is almost at the edge of being trite. It’s used in that arena to describe a volunteer’s sacrifice in support of the non–profit enterprise. I have been surprised to discover that it seems undiscovered in the business world. So, let’s bend the meaning to help us focus on resources while preserving those words.

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The $100M ARR Customer

Tomasz Tunguz

Most SaaS companies dream of attaining the $100M ARR mark. The very fastest attain the goal in 6-7 years. Last week, Workday halted trading to announce it had signed Walmart as a customer. Brian White, research analyst at Drexel Hamilton investment bank, estimated this one customer could generate $100M-$200M per year for Workday in recurring revenue - a single customer.

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Five Pitfalls of Seed Round Hiring

This is going to be BIG.

Most companies don't get to do more than a handful of hires during their seed round--so the idea of a "recruiting process" might seem a little bit heavy handed. However, these early employees will not only have a lasting impact on the DNA of the company, but hopefully they'll be some of the most important hires you'll ever make. (If they turn out not to be, you probably hired poorly.

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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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Flashback Friday: How to Raise Financially Intelligent Children

Entrepreneurs' Organization

By Clint Greenleaf. This article was originally published in the March 2014 issue of Octane magazine. I’m a lucky guy. I tricked a beautiful, caring woman into marrying me; my three kids are healthy and often well-behaved; and most of my businesses have been successful, affording me a great lifestyle. But all of this luck leads me to one constantly nagging fear— that the trappings of this great life will yield unbalanced, bratty children who will grow up to become knuckleheads.

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Identifying Your Personal Code

Entrepreneurs' Organization

By Angie Katselianos. Have you ever arrived at a crossroads on your path toward success and didn’t know which road to take? Business expert and author, Simon Sinek, has inspired myriad entrepreneurs—myself included—with “The Golden Circle” model. He explains that your “Why” is the purpose, cause or belief that drives you and is central to what you do and how you do it.

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Harnessing the Power of Facebook Live

Entrepreneurs' Organization

By Rick Martinez. There is a lot of chatter these days about culture, strategy and how to hire. “A-players” for your company … but I’m a super-simple fella: I want to know all about Facebook and how to use it to my advantage. I don’t mean learn the best way to showcase the burrito I’m eating or post a silly meme. I mean: How do I use Facebook to actually grow my business?

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Adopting and Abandoning Technology in Your Company

Entrepreneurs' Organization

John Brandon , contributing editor at Inc.com, just published an article entitled, “ How to Help Your Company Adopt New Tech Tools ,” with a byline reading, “Skip being an early adopter. Become a fast changer instead.” Brandon provides a solid argument for embracing change–a message we know all to well–but his follow-up argument deserves a closer look. “Be quick to adopt and quick to abandon the trend when you see it doesn’t offer any benefits or a

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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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EO Accelerator Story: Christina Hagopian

Entrepreneurs' Organization

Christina Hagopian, an EO Accelerator (EOA) graduate and EO New York member, owns a successful marketing and design firm attracting top-tier, global clients. Christina graduated to EO membership, where she has grown her network and multiplied her business prospects. See more EOA stories and learn more! EO Accelerator Stories: Christina Hagopian from EO Network on Vimeo.

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Our Fulfillment Factors

Entrepreneurs' Organization

A few years ago, I stumbled across a manuscript written by Mother Teresa, whose humanitarian work for some of the poorest populations in India earned her canonization in the Catholic Church and an iconic status in the world’s consciousness. At the time, I was entrenched in the weeds of a research project where I was tasked with identifying key motivational drivers of influential people.

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Feature Friday: Megan Burton, EO Atlanta

Entrepreneurs' Organization

“Much of the growth and success of CoinX was reinforced by a combination of my EO forum, the EO network, and the opportunity to serve other EO members through leadership. I continue to be humbled and inspired by other EO members – whether in the Accelerator program, the local chapter or across the globe.” – Megan Burton. Years after building a successful business of her own, Megan Burton yearned to find like-minded entrepreneurs that could relate to the unique experiences of establis

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EO Member Spotlight: Moisés Cohen (EO Panama)

Entrepreneurs' Organization

With more than 12,000 members in 161 chapters and 50 countries, the Entrepreneurs’ Organization (EO) continues to make a mark on the lives of those entrepreneurs who are transforming the world. Here’s a profile of one of our members, Moisés Cohen, a member since 2017 and the founder of Capital Bank. Moisés Cohen was born in Colón City, Panama, in 1967.

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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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Three Tips for Staying Grounded in a Busy World

Entrepreneurs' Organization

By Heather Baker, EO Cape Town. MEDITATION. I try to meditate on a daily basis. Taking the time first thing in the morning to sit quietly and follow your breath, even if it’s just for five minutes, can make for a calm and productive day. GRATITUDE. I made a list of everything my business has done for me to remind myself how much I have to be grateful for.

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Connecting the EO Dots

Entrepreneurs' Organization

By Salar Salahshoor, founder and CEO of Turnclick. When I first started thinking about selling my business, my biggest concern was that it would be hard to find a good suitor given the relatively small size of my company. I worried the process would be a big distraction and complete waste of time. I couldn’t have been more wrong. This is the story of how I sold my digital-marketing agency, Only Sky, in less than one month by connecting the dots between EO and the EO Accelerator program, which I

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How Much Money Should I Raise for My Startup?

Tomasz Tunguz

How much should a founder raise for their startup? I imagine almost every founder contemplating a fundraising round ponders this question. There are many different paths to developing an answer. The right answer that every startup founder has told me is as much capital as possible at the highest possible price. But what strategies exist to justify increasing the round size and consequently price?

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Is Machine Learning Overhyped?

Tomasz Tunguz

For the nine years I’ve been a venture capitalist, there’s always been a buzzword of the year. Solomo (social local mobile). Mobile-first. Realtime. Big data. 2016 was the year of machine learning. Is ML just another wave to crash and dissipate on the trough of disillusionment ? I don’t think so. In this rare case, I think hype is masking quite a bit of true technical innovation.

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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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How Does Your Startup's Management Spend its Time?

Tomasz Tunguz

Calendars contain one of the under-studied data sets within companies. How we spend our days, is of course, how we spend our lives, wrote Anne Dillard. How we spend our days at work determines what we and the company ultimately achieve. I remember meeting Ryan Fuller of Volometrix several years ago. He shared the story of the business he and his colleagues had built analyzing the way companies spend their days.

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Which Round Will Be the Hardest to Raise in 2017?

Tomasz Tunguz

The fundraising market is in flux. The data indicates that it is certainly reverting to the mean after two record years in 2014 and 2015. Late stage market dynamics are changing as hedge funds and mutual funds seek other areas to invest. In 2017, there will be a lot of comparison between the prices public bound companies fetch at IPO compared to the last round private valuations as the public window opens.

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Going Gestalt in Your Business

Entrepreneurs' Organization

By Julia Langkraehr, founder of Bold Clarity. Seasoned EO members continually hear the buzzwords “Gestalt communication.” That’s not to say it doesn’t hold value; on the contrary, Gestalt Language Protocol is the foundation of our Forum interactions and, in many ways, the vehicle for our personal growth. By speaking from experience instead of giving advice, the Gestalt mindset teaches—it doesn’t tell.

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The Only 10 Tech Trends You Need to Know About in 2017

Entrepreneurs' Organization

This article was originally published on Inc.com. By John Brandon. Other than a few minor political changes (ahem) and the distinct possibility that Apple could top $1 trillion dollars in iPhone-related sales, there are many other tech trends worth noting. Some of these, like 5G wireless, will emerge and take shape. Others will mature to the point where you might end up buying a few devices for your employees. 1. 5G wireless: All eyes are on 5G in 2017.

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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