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I remember about fifteen years ago, a well-known VC said to me “you need to sell a company within a few years of the founder leaving. Companies can’t sustain their innovation after a founder leaves.” I told that VC that my experience has been different on that measure and that I did not agree. I have seen leadership teams take over great businesses from founders and get them to the next level.
Contributed by Kym Huynh, an EO Melbourne member, EO Global Communications Committee member, and co-founder of WeTeachMe. Kym is fascinated by entrepreneurs and their journeys, so he asked EO members from various chapters to share their experiences. In this second installment of Kym Huynh’s Leadership Toolkit series , Kym asked eight entrepreneurs how they view success.
If you’re thinking about launching a business or have started one recently, there’s no need to restrict your goals to the local area. Here are six ways to compete on a national level. 1. Create products that address common pain points. One way to increase your chances of becoming nationally relevant is to ensure your products meet nearly universal needs.
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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.
Schwarz Group , an EU-based retail company, announced today that it has acquired Israeli security startup XM Cyber for $700 million. It may seem like a strange partnership, as Schwarz is best known as the owners of the Lidl and Kaufland supermarkets, but the company believes that extending into security will ultimately help benefit its retail business.
In the startup world, it’s pitch decks, not business plans that get companies funded. A deck is often the first impression an investor will get at the company, so it needs to look stunning. Making a pitch deck is an art, a science, but most importantly, a story. The deck should achieve three things: It needs to tell your company story. It needs to convince the investor that they can make money with this.
3 reasons why startups fuel any innovation ecosystem A guest post by Tala Al Ansari, Director of District 2020’s Innovation Ecosystem and supporting partner to the Triumph of Innovation impact study and report. Startups are often referred to as the lifeblood of an economy, being representative of the kind of bold thinking, innovation, and rapid […].
Convincing meat eaters to adopt a climate-friendly diet might get a little easier thanks to Slovenian startup Juicy Marbles , which has come up with a way to create plant-based whole meat cuts, if that doesn’t sound too oxymoronic. ‘Fancy Plant Meat’ is its pithier pitch for a product that aims to provide a vegan alternative to eating a filet mignon steak or other ‘prime’ cuts of (animal) flesh.
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Every batch, we invite founders and executives to advise YC companies as Visiting Group Partners. These advisors bring valuable insights and recent operational experience to YC’s early-stage companies. Throughout the batch, they take on a variety of responsibilities, including application reading, interviews, group office hours, individual office hours, demo day prep, and more.
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By Scott Meacham. We have to make sure that Oklahoma innovators know that there are resources and mentoring available to them here. Twenty-five years ago, Oklahoma did not have a continuum of venture capital serving concept to growth stage companies. Now we do — thanks to assistance from the state acting through OCAST — from the TBFP concept fund for pre-seed capital and early-stage companies to five venture funds, i2E Management Company, Inc.
Kenya’s economy is powered by informal businesses, which contribute 33.8% to the country’s GDP and provide 83.4% of the total employment outside of small-scale agriculture, data from the country’s bureau of statistics shows. The contribution of these enterprises is pivotal to the country’s economy yet they remain underserved by traditional banking institutions making it hard for them to access the financing needed to grow.
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.
Many people have the goal of owning their own business. To expedite this process, becoming a franchisee of an established brand may be an attractive option, as entrepreneurs can build off a proven formula for success to guide their decisions as business owners. However, opening a franchise location is not a fast track to riches, as the 90% 5-year success rate lauded by many franchises is a myth.
This profile is the second in a series of interviews highlighting the work of interesting female investors. Gina Tedesco is Managing Member of Amala Ventures, Managing Director and NJ Chapter Lead of Golden Seeds, and a member and board trustee of Jumpstart NJ Angel Network.
Matt Cohen. Contributor. Share on Twitter. Founder and managing partner at Ripple Ventures , Matt Cohen is a business operator turned early-stage investor. More posts by this contributor. Founders must learn how to build and maintain circles of trust with investors. Matthew Mendelsohn’s accession to become Yale’s new chief investment officer marks a milestone for the rise of university endowments investing in venture capital.
ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!
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. Contributed by Michael Brody-Waite , a recovered addict of 18 years who uses his incredible experience with addiction and recovery to benefit leaders and entrepreneurs who want to step into their own authentic leadership style. He’s the author of Great Leaders Live Like Drug Addicts: How to Lead Like Your Life Depends on It and was a recent EO 360 podcast guest.
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The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.
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