Sat.Jan 29, 2022 - Fri.Feb 04, 2022

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Don’t Make These 5 BIG Mistakes When Answering VC/Customer Questions

Dream It

When pitching a potential investor or customer, time is of the essence. Most of that time goes to the meat of the conversion: the question-and-answer portion. During Q&A, both sides start engaging in a sort of conversational dance - with one side leading (VC/customer) and the other side following (founder). But often, we’ll hear founders misstep and repeat easy mistakes that throw off Q&A flow and cause startups to lose points.

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Why self-care is important for entrepreneurs

Young Leaders of the Americas Initiative

Why self-care is important for entrepreneurs. By Jewelle Saunders. Entrepreneurs know that it takes a lot of time and effort to get their dreams off the ground. Meeting your goals as an entrepreneur often requires long days and long nights, navigating stressful decisions and finances, and dealing with rejection and redirection. In order to meet these goals and find success, as an entrepreneur you may experience poor work-life balance and periods of burnout, where you can feel overwhelmed and una

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If you can’t answer these 3 questions, you’re not ready to sell your business

Entrepreneurs' Organization

The process of selling a business is complex and multifaceted : It involves working with multiple stakeholders who sometimes have conflicting priorities. While only you can decide when to sell your business , you also must rely on these other stakeholders in order to have a successful sale. It’s your job to make sure their decisions align with your own goals.

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New Year, New Entrepreneurs: Five tips for supporting early-stage entrepreneurs ?

Source Link

Every January, the number of people who Google “how to start a business” jumps to hundreds of searches a day. This year in particular, many of these searches are coming from the millions of Americans who quit their jobs in 2021. While starting a business is a common new year’s resolution, soon-to-be entrepreneurs make the leap for a variety of reasons.

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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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How to Build and Fund a Startup as a Black Woman

StartupNation

Securing funding for a startup relies heavily on the connections you have among investors, as well as your ability to attract attention to your business. What happens when those investors are mostly upper-class white men, and you are not? It can be difficult for people of color, women, and working-class backgrounds to find investors for their startups when most of the funding comes from people outside their social circles.

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3 ways the Olympics are similar to entrepreneurship

Entrepreneurs' Organization

Lou Cysewski, EO Seattle, is co-founder and CEO of Coolperx , the world’s first net carbon neutral merchandising company. As a minority female entrepreneur, Lou shared her observations on the Olympics and how they reflected and exposed the struggles of female entrepreneurs striving to build sustainable businesses. With the 2022 Winter Olympics upon us, we’re reposting this article that originally appeared on EO’s Inc.com channel.

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A Year of Resilience: Cheers to 2021

Source Link

You don’t always appreciate what you have until it’s gone. After collectively witnessing many of our main street and small businesses across the country close in 2020, there arose a new sense of appreciation for the value entrepreneurs bring to our communities and our economy. In 2021, we saw new programs and funding opportunities from the EDA and SBA to rebuild, sustain and grow entrepreneurship.

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Nigeria’s AltSchool raises $1M pre-seed to build an alternative school for Africans

TechCrunch

The demand for software engineers is expected to grow by 22% between 2020 and 2030, according to a report by the U.S. Bureau of Labor Statistics. This figure is larger than the 4% average for other careers. One would be out of touch with reality to say they haven’t noticed this phenomenon in Lagos, Africa’s startup capital city, where mid to senior-level engineers are leaving in droves to seek better pay and opportunities in companies outside Africa.

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Mentoring is at the Heart of Entrepreneurship

StartupNation

Teaching and mentoring is at the heart of entrepreneurship. As business owners, we’re teaching our prospects how our company can help solve their problem. With our team, we’re teaching and communicating our vision and how we’re to take care of our customers. With our company leadership, we’re teaching how to guide their respective functions of the business.

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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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Get Paid In Crypto

A VC: Musings of a VC in NYC

Coinbase launched the first in a series of payroll offerings: Proud of the team for continuing to roll out new product innovations at a rapid pace. Our US customers can now deposit a portion of their paycheck into @Coinbase as crypto or USD. Another great way to keep growing your participation in the cryptoeconomy. [link] — Surojit (@surojit) January 31, 2022.

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These blogs deserve an encore

Source Link

In our commitment to entrepreneurship-led economic development, we’ve made it our practice to regularly share insights and lessons learned while celebrating success stories along the way. It is our hope that by delivering this content, we will start conversations, spark collaboration and ultimately make a positive impact in advancing equitable entrepreneurship across the country.

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Proven Strategies to Efficiently Manage a Remote Team

Smart Hustle Magazine

It’s no surprise that remote work will persist way into the future, especially with most professions being able to collaborate and achieve office levels of productivity virtually. For example, a recent remote work survey by the PWC revealed that business executives expected a massive 55% of their employees to work from home at least one day a week even after the pandemic.

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10 Ways to Boost Your Startup’s Customer Acquisition

StartupNation

Many startups struggle with finding and retaining customers. Having a sustainable and systematic customer acquisition strategy is an essential component of success for any organization, especially as a startup. Once you’ve implemented the basics to identify and attract new customers, you need to continue growing. Why is customer acquisition important?

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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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Camila Cabello, Mindy Kaling, Gwyneth Paltrow pour capital into Olipop’s mission to change soda

TechCrunch

Soda that serves a purpose, whether that be more healthy or even functional, is the new wave of drinks disrupting the $38 billion U.S. soft drink industry. In Olipop ’s case, the three-year-old brand is going after function, with a line of sodas aimed at supporting digestive health. The company is the second venture in the realm of “functional soda” for co-founders Ben Goodwin and David Lester, who have worked together for nearly a decade.

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Cap Table (Capitalization table) and what they mean when investing in startups

propel(x)

When angel investing in startups, it is important to know who the owners in the company are and what they own. This is where capitalization tables, or “cap tables” as they are commonly known, come in. What is a cap table? A cap table is simply a record of all stock already issued or available and identifies all stockholders and how much they own. The ownership of a startup changes as it grows and progresses through its funding rounds.

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Forget the Fancy Logo – How to Start Scrappy

Smart Hustle Magazine

When you’re starting a business, it’s very common to jump online and do some research. There’s a lot of advice out there about how to start a business, much of it written by people who have money and are well established already. In an ideal world, when you start a business, you’re well-funded. That’s just not always the case and it is possible to start a successful business by being scrappy.

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Stop Doing These 4 Things if You Want Your Business to Last

StartupNation

We’ve all seen the statistics on how many businesses fail within the first few years of operation, and the current pandemic may accelerate that struggle for some startups. After fielding literally thousands of questions from small business owners during the past few months at Nav, we’ve identified four ways businesses are setting themselves up to fail.

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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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Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets

TechCrunch

Africans and people in emerging markets missed out on the first set of opportunities that technological advancements brought to the world. Computers, the internet, fintech, artificial intelligence, any tech you can name ( except mobile tech) people in these regions have always had to play catch up. But new technologies such as crypto and web3 provide hope to Africans to play a massive role in defining what it looks like in years to come.

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The Importance of Due Diligence when Investing in Startups

propel(x)

If you are about to buy a used car, you might ask an auto mechanic to inspect it before you hand over your hard-earned cash to make sure you are not buying a lemon. It is important to consider doing something similar if you are thinking about investing in a startup. What is due diligence? Putting it simply, due diligence means doing your homework. Before committing to an investment, it is important to understand what you are buying and what you are getting into.

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Want to Start a Women-owned Business? Do These Things

Smart Hustle Magazine

Want to know what it takes to start a women-owned business? I have the answer: it takes a lot of work, a lot of passion, and a lot of grit. I started my own side hustle business while on maternity leave with my second baby. I was so naive when I started – I had a great idea and I knew I could do better than my competitors. I thought – once I created and listed my products, people would come and buy from me and I’d be successful straight away.

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Change Management Helps Achieve Business Goals

StartupNation

If there is one thing that is true, it is that change is the only constant. According to Gartner, the average organization has implemented about five significant business changes over the last three years. However, only 34% of such changes are deemed a clear success by the organization. It can be hard to cope with change, both on the technical front and on account of the psychological fear of the unknown.

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Enhance Customer Value: Unleash Your Data’s Potential

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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Fintech outperformed the market in 2021, and it’s set to do even better

TechCrunch

Dana Stalder. Contributor. Share on Twitter. Dana Stalder is a partner at Matrix Partners. The former commercial chief (Product, Sales and Marketing) at PayPal, he now leads fintech investing at Matrix Partners, where he also invests in consumer marketplaces and enterprise software. More posts by this contributor. The next generation of global payments: Afterpay + Square.

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Stock Dilution in Startup Investing?—?Good or Bad?

propel(x)

Stock Dilution in Startup Investing?—?Good or Bad? So, you have taken the plunge and invested in a startup and received your stock. But what happens in the future when new investors come in? It is important for you to understand stock dilution. What is Stock Dilution? Stock dilution happens when a company issues additional stock. Imagine you know an amazing pastry chef who is famous for her pecan pie but does not have enough money to bake her next batch.

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African Startups Raising Investment to Further Drive Economic and Social Impact

Impact Hub

Over the last decade, there has been the emergence of a new wave of entrepreneurs and investors committed to being catalysts of economical and societal progress across Africa. The second edition of Deep Dive Africa (DDA II) is geared towards startups raising pre-seed and seed round funding. Between 2021 and 2022, DDA II is being delivered across four key markets; Nigeria, Kenya, Ghana and Rwanda.

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Why the Great Resignation Could Be an Asset to Startups

StartupNation

The Great Resignation may have an ominous tone, it’s true. Just don’t let the name fool you. The massive wave of professionals who are opting out of their current jobs might be a boon for the startup community. As noted by MarketWatch, new businesses have begun to spring up around the nation in record numbers. At this point, we’re looking at a 50% bump in annual organization births compared to pre-COVID figures.

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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.