November, 2019

A Startup Support Guide for My Mom

GAN

In just a few weeks, I’m going to see my mom for the holidays. While I’ve been in the startup world for over a decade now, I know my mom (and many of my friends) have no idea about all of the startup jargon we throw around, especially when it comes to the type of support startups can receive. Words like accelerator, incubator , venture studio, and others are terms that sound the same or are very confusing. And my mom and friends aren’t the only ones who are confused.

Want to Build Employee Engagement? Invest in Your People Holistically.

Entrepreneurs' Organization

Robert Glazer is a member of EO Boston and the CEO of Acceleration Partners , a leading independent affiliate management agency with 160 employees. Glazer has established himself as a leader who invests in his team and in the culture of his organization. .

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

What kind of leader are you?

Young Leaders of the Americas Initiative

The most effective way to encourage your employees to practice integrity is to practice integrity yourself.

Navigating the Stages of Community Growth

Co Starters

A Model for Starting and Sustaining an Entrepreneurial Community. By Enoch Elwell. Entrepreneurial culture is changing. There’s something exciting afoot if you look through the negative national narrative on the decline of small cities and towns across the United States.

Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

In this webinar, Nick Noreña will walk through an Innovation Ecosystem Model that he and his team at Kromatic have developed to help investors, heads of product, teachers, and executives understand how they can best support innovation in their own ecosystem. He'll also go over metrics we can use to measure the health of our ecosystems as we build more resources for innovators.

Why Coworking Will Thrive Post-WeWork

GCUC

I consider it part of my job at GCUC to identify and highlight up-and-coming coworking brands and leaders. In 2011, I called Adam Neumann of WeWork and invited him to come to Austin for the very first GCUC conference. He agreed and came to Link Coworking (my brand, which I have since sold) in Austin.

More Trending

Inside Batch 25 at 500 Startups

500

Guest Post: Rishika Jhamb is the Marketing Lead at Alluva. Under no circumstances should any of the below content be construed as legal, tax or investment advice from 500 Startups or any of its affiliates.

No Shenanigans

A VC: Musings of a VC in NYC

I was talking to a friend today about company values and how important they are but also how lame so many of them are. I told him that some of my favorite company values come from our former portfolio company Twilio (which in the spirit of full disclosure I am still a large shareholder of).

energy 252

Lighting the torch of change: Youth volunteering in Haiti

Young Leaders of the Americas Initiative

By Elise Kemp. As a part of the YLAI Network’s mission, community involvement in fostering development is critical. Hearing about the impact that our networkmembers are making in their own communities is a real privilege and helps us see how impactful it can be to volunteer locally.

Keeping Order in Your Office

Entrepreneurs' Organization

From EO Melbourne , we share how to declutter and organize your workspace. Work never stops in your office. Every day, there are new fires to put out, new targets to reach and new ideas to execute. Your to-do list keeps piling up—just like the files on your desk and the messages in your inbox!

health 260

State of MENA Startups 2019, Report

MAGNiTT and 500 Startups jointly launch first 'State of MENA Startups 2019" report. Survey findings reveal insights on trends in fundraising exercise, exit opportunities, hiring, and growth optimization.

Give Big, Shop Small with 12 Days of Starters

Co Starters

Each year during the holiday season we look forward to putting our money where our mission is: helping communities thrive through entrepreneurship.

GAN Partner, Chargebee, on How to Tackle Office Hours with an Investor

GAN

I work for Chargebee, the recurring billing and subscription management product used by thousands of customers in more than 53 countries and a proud GAN Partner. In my role, I head up one of our strategic initiatives, called “ Chargebee for Entrepreneurs ,” where we work with 100 accelerators and incubators to identify high-potential startups globally.

An update on YC China

Y Combinator

In the summer of 2018, Qi Lu joined Y Combinator to help create YC China, a localized version of our U.S. program. As we worked to establish YC China, we had a change in leadership. With this, our strategy changed back to our tried and true approach of supporting local and international startups from our headquarters in Silicon Valley. As a result, we decided that now is not the right time to run a new, country-specific version of Y Combinator.

Cash Management In Startups

A VC: Musings of a VC in NYC

When I was in my mid-20s and had just gotten a job in venture capital, I read a piece on Alan Shugart , the larger than life founder of Seagate, one of the most successful disk drive companies. Alan was quoted as saying that “cash is more important than your mother.” ” That got my attention because mothers are really important. Over the years, I have learned what Alan meant. Cash is everything in a startup. It is the fuel that keeps the car running.

The Startup Funding Gap

This resource discusses the gap between early funding from friends/family and the more substantial rounds from angel groups and VCs. Why does this gap exist and what can be done about it?

Strengthening financial education in Argentina with honesty and integrity

Young Leaders of the Americas Initiative

“It is important to try to understand your customers and their needs and supply what they need with honesty,” says Gastón Fontaine.

How to Give Back Through Your Business

Entrepreneurs' Organization

Have you ever wished for a way to give back that’s integrated with your life and your work? EO Oklahoma City member Piyush Patel has figured out how to do just this.

Supporting Latinx Entrepreneurs Means Building Relationships of Trust

Co Starters

A note about the “Latinx” term: As a national organization, CO.STARTERS prefers to use the broadest, most inclusive term but recommends that local organizations learn which term is preferred by their local population—possibly Latinx, Latino, Latina, Hispanic, or a specific nationality—and use that term. The Latinx community in the U.S. is large and growing. As entrepreneur support organizations seek to support Spanish speakers starting new businesses, they need to understand that engaging this community effectively and respectfully may require some new ways of thinking. “In my experience, traditional economic development and community development efforts approach most communities by saying, essentially, ‘We have the answers for you.’ For the Latinx community that doesn’t work,” according to Jose Alfaro, CO.STARTERS Chief Operating Officer and Director of Growth. “The community organizations that do really well at engaging the Latinx community have been the ones that spend time building relationships of trust in that community.”. Supporting the Latinx community demands not just trying to understand and respect their unique culture, but also recognizing that some fundamental assumptions about outreach might need to be rethought. Jose Alfaro, Photo by La Paz Chattanooga. “Anglo Americans build relationships primarily by talking and networking, but in the Latinx community, it’s about family, it’s about culture—sports, food, and support—it’s about tradition, and it’s about being present in the community with them,” Jose added. “If individuals and the community as a whole learn to trust a community organization through those pathways, then they’ll hear what the organization has to offer.”. Jose recently led a pilot project testing the new Spanish-language version of the CO.STARTERS core business launching curriculum in the company’s hometown of Chattanooga, Tennessee. He sees several lessons from that experience as being relevant to ecosystem builders working to serve the Latinx communities in their towns. Tools Before Education. Jose points out that many in the Latinx community have a very pragmatic view of entrepreneurship training. “Lack of jobs in their country of origin, as well as the difficulties of being a recent immigrant, tend to make them more reliant on entrepreneurship to survive,” said Jose. “If they think you want to teach them some knowledge, they are less interested, because they’re thinking ‘We just need tools, so we can make a business.’”. His advice to entrepreneur support organizations is to look at any training or classes offered to the Latinx community with that in mind, focusing on tools and techniques rather than on general principles. Cultural attitudes toward education may also affect how training is perceived. How any Latinx individual values education often depends on how long their family has been in the United States. More recent arrivals are likely to view education as a marker of elite status, rather than as a qualification. . Hands-on Help. The Latinx community respects when a resource provider goes beyond simply making tools available, instead explaining them fully and discussing how they could be used. Asking questions and facilitating discussion are already part of the CO.STARTERS curriculum, but those elements were especially important in piloting the new Spanish curriculum in the Latinx community. “Facilitating discussion around key business components like marketing or social media, and asking questions—What are your challenges? Where are you stuck?—were essential to create trust,” said Jose. “We were not just standing up and telling them what to do, and we were not just giving them a list of tools they could go find.”. In the Community. Training should be offered at a trusted location in the Latinx community itself. Jose explains that the CO.STARTERS Spanish curriculum pilot began with an informational session that ended with a question: “Would you be interested in attending a nine-week session about starting a business?”. “A lot of people answered ‘yes,’ but no one showed up to the first class session, because the class location was downtown, outside their community,” said Jose. “Then we tried again, this time holding the class at La Paz, a trusted social service agency in the community, and the class was literally oversubscribed. ”. Long-term Commitment. Working with an organization like La Paz that has long-established relationships in the Latinx community would be a good idea for any entrepreneur support organization working to begin building relationships, according to Jose. “Most cities have some kind of organization that already has those trusted relationships,” said Jose. “It might be a nonprofit or a church or some other type of entity. Working with an organization like that is helpful, at the very least, and it may be the only way to begin establishing your own relationships of trust.”. Trust has to be established and maintained over time, he adds. It’s not enough to share resources once and then never come back to the Latinx community. . “They tend not to trust people who visit their community once and never come back,” said Jose. “That not only builds distrust in the individual who behaved that way, but also in any other organization that tries to come in and do the same thing. It poisons the well. You need to continue to be part of their culture.”. The potential of Latinx entrepreneurship is already large and growing. According to a study by the Stanford University Latino Entrepreneurship Initiative : The Latinx community starts a million net new businesses every five years, a growth rate that is greater than Latinx population growth. In 2015, Latinx businesses in the U.S. created $2.13 trillion of our national gross domestic product (GDP), which is more than the GDPs of India, Italy, or Canada. At the same time, many Latinx businesses suffer from a lack of access to capital, often because of their small size: 98 percent have less than $1 million in annual revenue. Ultimately, Latinx individuals who want to start a business face the same challenges and opportunities that any entrepreneur faces, according to Jose. Entrepreneur support organizations reaching out to the Latinx community to help them create and grow businesses can make a greater impact if they are also aware of these additional challenges and context. The post Supporting Latinx Entrepreneurs Means Building Relationships of Trust appeared first on CO.STARTERS®. Features latinx

4 Steps to Hire Candidates that Fit Your Core Values: An Interview With Alison Kopf & Brett Brohl

TechStars

January through March is the busiest time of year for hiring so we want to help ensure that you have access to as many high-quality candidates as possible.

Nine Takeaways for Startups After Our Global Tour

GAN

We just finished GAN’s first Momentum Tour, a four-stop global tour with events in Pittsburgh, Hamburg, Lima, and Manama. The entire purpose of this tour from the very beginning was to help startups operating in places like these—smaller markets that aren’t considered the world’s major tech hubs—to have additional connections, tools, and resources to build and grow their companies, wherever they are. Which, by the way, is GAN’s mission.

Video Of The Week: Duolingo On SNL

A VC: Musings of a VC in NYC

Our portfolio company Duolingo was the subject of a funny skit on SNL a few weeks ago. hacking education

Three choices to make this International Anti-Corruption Day

Young Leaders of the Americas Initiative

By Kaelyn Vitale . According to Transparency International’s 2019 Latin America Barometer , 77% of survey respondents in Latin America and the Caribbean are ready and willing to tackle corruption.

How to Deal With Colleagues in Denial

Entrepreneurs' Organization

Written for EO by Dr. Gleb Tsipursky, disaster avoidance expert, speaker and author. . When was the last time a colleague said something so ridiculous that it made your jaw drop?

Ready to scale in Southeast Asia? Start in Singapore.

500

While people may think of Singapore as a top startup city, what they may not realize is that this city-state potentially has quite a bit more to offer as a local hub when looking to scale throughout the region. This fall, we kicked off Global Launch, a program aimed at building bridges between Singapore and the Silicon Valley.

5 Questions with Todd Deacon

TechStars

Meet Todd : Todd Deacon is the Managing Director of the Techstars SportsTech Melbourne Accelerator. Todd has a passion for the business of sport and in particular SportsTech, startups and venture capital.

How to Change Jobs

This is going to be BIG.

If you’re an great engineering manager in a startup city, changing jobs into a similar role is pretty easy. For most people, though, things are a little more difficult. Not everyone has the most sought after position and many work in a job where figuring out what skill set you have to offer isn’t so cut and dry.

The Education Transformation

A VC: Musings of a VC in NYC

Back in March 2009, USV hosted an event called Hacking Education. It was the beginning of our effort to invest in the transformation of the education sector. A few weeks ago, USV held its annual meeting, roughly 15 years after we closed our first fund. And our partner Rebecca gave a presentation on our eduction portfolio, which is now one of the strongest parts of our entire portfolio. As Rebecca was developing her presentation, I wrote an email to her that said: when did we do Hacking Education?

Supporting and empowering children with autism in Nicaragua

Young Leaders of the Americas Initiative

By Ana Gonzalez. In 1992, the United Nations proclaimed December 3 to be the International Day of Disabled Persons to promote the rights and well-being of persons with disabilities and to raise awareness of the situations they face in political, social, economic, and cultural aspects of life.

If Your Customers Can Be Everywhere, Why Can’t Your Talent?

Entrepreneurs' Organization

Written for EO by Vikram Ahuja. Ahuja is a serial entrepreneur, co-founder at X10 and founder of Byond Travel. He is also a member of EO Bangalore. At the 2019 Web Summit , Ahuja joined a delegation of 16 EO members from 11 countries to lead workshops and speed mentoring sessions.

Marketing for CREtech Startups: What Works (And What Doesn't)

Dream It

In this #DreamitLive, Urbantech Managing Director Andrew Ackerman speaks with CREtech CEO Michael Beckerman about the latest trends in innovation in the commercial real estate industry.