Entrepreneurs' Organization

FEBRUARY 28, 2019

Written for EO by Erin Yurday. Erin Yurday is the founder and CEO of NimbleFins , a startup that aims to educate consumers with data-driven research so they can make the best financial decisions for their individual situation. . While any great business starts with an idea—that “aha!” moment—we all know there’s a lot more to running a successful startup than just the initial inspiration.

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Tomasz Tunguz

FEBRUARY 28, 2019

A founder posed me a question earlier this week: Do you have any data/perspective on whether it’s worth keeping the unassisted free trial flow vs. providing only one path which leads to a demo and an assisted free trial? This is a complex question. Let’s break it down. The unassisted free trial has benefits. There’s a deeper discussion in this post: Confessions of a Perpetual Freeloader.

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Ben Franklin Technology Partners

FEBRUARY 28, 2019

The Ben Franklin Technology Partners (Ben Franklin) Pennsylvania statewide network will present before the Pennsylvania Senate Appropriations Committee regarding the proposed 2019-2020 Pennsylvania budget at 3:00 PM on Wednesday, March 6, live-streamed here: [link]. The Ben Franklin Program invests in and supports technology-based start-ups, innovative manufacturers, and a technology-based ecosystem throughout the state.

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Both Sides of the Table

FEBRUARY 28, 2019

Photo by Filipe Delgado from Pexels We’ve all been in meetings that get off track?—?sinking ever down the proverbial “rat hole,” from which rescue feels impossible. How does it happen? And how can you avoid it? This is part of a series on Managing Boards. In my last post I wrote about board preparation before the meeting and frankly this can be applied to any type of meeting.

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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 The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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Berkonomics

FEBRUARY 28, 2019

It’s a fact of life that a banker, lender or lessor will ask for a personal guarantee from the founder or entrepreneur most every time. But what if you’ve diluted your interest from 100% to something less than 50%? Should your investors expect you to carry 100% of the risk? The short answer is “yes.” Seems unfair, doesn’t it? To most lenders, the guarantee is still a requirement, putting the entrepreneur in a position of additional risk that is not spread among the shareholders.

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