July, 2020

How to Manage a Startup Through Troubling Times

Entrepreneurs' Organization

Contributed by Rizwan Virk , author of S tartup Myths and Models: What You Won’t Learn in Business School. The pandemic of 2020 has tested most sectors of the economy. Like the downturns in 2008 and 2001, this has been a very trying time for entrepreneurs running startups.

Startup Funding Explained: How to Raise a Bridge Round

Dream It

When you’re raising a bridge round and pitching investors, their first reaction may be that you’re in trouble. To overcome this, you’ll need to properly address your reason for raising bridge funding. In this #DreamitDose, Managing Partner Steve Barsh gives founders tips on how to frame their bridge round ask, overcome assumptions investors often make, and provides a general way to structure startup bridge round pitches.

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Early Stage Investment Syndication: Key Issues

The Seraf Compass

A very common practice in the investment world is syndication. Syndication allows multiple investors -- whether they be individuals, angel groups, VC funds, etc. -- to join together and provide the funding resources needed by one company.

We Built a More Inclusive Accelerator—Here’s What We Learned

GAN

Guest Blog by Lunar Startups. Black, Indigenous, people of color, women, and LGBTQ+ founders have always had to do more with less. It comes as no surprise that founders with these identities face unfair and significant obstacles when going to market, scaling, and competing in the marketplace. Yet, consumers with purchasing power are getting younger and more racially diverse every year, creating a huge market opportunity for startup founders who deeply understand this under-served group.

The Best Sales Forecasting Models for Weathering Your Goals

Every sales forecasting model has a different strength and predictability method. It’s recommended to test out which one is best for your team. This way, you’ll be able to further enhance – and optimize – your newly-developed pipeline. Your future sales forecast? Sunny skies (and success) are just ahead!

The Money Trap: How to Choose Between Money and Passion

Entrepreneurs' Organization

Contributed by Shawn Johal, business growth coach, leadership speaker and co-founder of DALS Lighting, Inc. He is also an active member of the Entrepreneurs’ Organization Montreal chapter. . “A A wise person should have money in their head, but not in their heart.” –Jonathan Swift. Do you ever wake up wishing you had enough money to stop working and the option to follow your passion without any worries? Sounds pretty cool, right?

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More Trending

The Startup Community Way

A VC: Musings of a VC in NYC

My friend Brad Feld has updated his excellent book on startup ecosystems called Startup Communities. The updated and expanded book is called The Startup Community Way and it is available for pre-order on Amazon. The book comes out tomorrow so you won’t have to wait long for it. The timing of this book is excellent. The pandemic has shown that you don’t have to live and work in any particular place to be productive and innovative.

TrekIT Health Raises $1M Seed Extension, Hires New Executive Chairman

Dream It

TrekIT Health (HT- ‘18) is a HIPAA compliant and secure, real-time workspace for synthesizing information across EHRs and care teams. Clinicians love TrekIT because of its intuitive and predictive interface which serves as a cure for disjointed information systems and a replacement for paper task lists. Today, the company announced closing $1M in additional seed financing.

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weaving environmental innovation into visions of the future: q&a with taryn mead of Western Colorado University

Venture Well

Taryn Mead of Western Colorado University teaches students entrepreneurship concepts through an environmental innovation lens, helping them envision their contribution to a more sustainable future.

Founders Share Stories and Encouragement on Mental Wellness

GAN

It’s time for some inspiring stories! Over the past few months, the GAN Community came together to support startup founders who have been deeply impacted by the ongoing COVID-19 crisis. GAN launched The Founder Support Fund in early May with commitments from GAN Partners UPS, Mailchimp, and Chargebee, members of the GAN Advisory Board, and individual supporters, with GAN matching donations up to $10,000.

B2B Pocket Playbook: End-to-End Guide to Sales Enablement

Sales enablement is the strategic process of providing sales teams with the content, guidance, and mentorship needed to engage targeted buyers. It’s all about equipping sales professionals with the tools they need to put their best-selling foot forward. And if sales teams want to continuously sell better -- and faster -- their sales enablement process must have a game-winning strategy. It's time for you to start selling smarter - and hitting your sales number - with the best B2B database in the market. Get started today.

4 Reasons to Be Optimistic Today

Entrepreneurs' Organization

Contributed by Greg DeLine , president and CEO of DeLine Holdings. COVID-19 was the stealthy rival no one saw coming. As entrepreneurs, we face challenges throughout our careers, but we don’t spend a lot of time planning what we’ll do during and after a global pandemic. Yet here we are. In recent months, small business leaders around the world have faced the toughest decisions of their careers.

Business and Entrepreneurship Will Play a Critical Role in Creating a Better World. Here’s How.

Co Starters

By Enoch Elwell. Open your phone, select your favorite feed, and start scrolling. If you think hard about what you are seeing and reading, one thing is abundantly clear: We are on the brink of an unfamiliar world. Most of us are standing on the edge, trying to peer over and see what that brand-new world will look like. Will there be economic opportunity for all? Will there finally be equity in healthcare?

Crawl, Walk, Run

A VC: Musings of a VC in NYC

I am a fan of the slow and steady approach to building a business. I call it “crawl, walk, run.” ” I have seen many founders try the “run right away” approach and it is super hard to make that work. An example of “run right away” would be to raise a $30mm seed round, hire a couple of hundred employees, and go for broke. That mostly results in being broke. Of course, there are examples of founders who did that and succeeded.

Persistence is the key to this YLAI Fellow’s success in the technology industry in Bolivia

Young Leaders of the Americas Initiative

By Jewelle Saunders. 2017 YLAI Fellow Andrea Puente Salazar has had her share of obstacles on her way to entrepreneurial success.

Pressure Points: How to Ensure Your B2B Pipeline Passes Inspection

This eBook highlights best practices for developing a pipeline management process that helps sales leaders and their team C.L.O.S.E (you’ll see what we mean in this eBook) more revenue through data-driven prospecting, stage analysis, and subsequent sales enablement.

How to Get a CISO to Buy Your Product

Dream It

To keep an organization safe, a CISO depends on as many as 50 to 100 different products. This presents a huge opportunity for startups. However, this means that a CISO sees a LOT of pitches in their role. Securetech Managing Director at Dreamit, Mel Shakir , talks to CISOs every week. He knows how to drive a CISO’s emotional response and draw attention to your product. In just five minutes, Mel tells you the five ways to get a CISO to buy your security product.

The Fundraising Market Two Quarters into COVID

Tomasz Tunguz

It’s been two quarters since the coronavirus has hit Startupland. And you can see the impact of the shutdown in the numbers. We reviewed the data in May and compared it to the effects of the financial crisis in 2008 on startup fundraising.

Are you heading toward burnout?

Entrepreneurs' Organization

Contributed by Shawn Johal, business growth coach, leadership speaker and co-founder of DALS Lighting, Inc. He is also an active member of the Entrepreneurs’ Organization Montreal chapter. . “If If you want to find the secrets of the universe, think in terms of energy, frequency and vibration.” Nikola Tesla. Life is busy, and focus is hard to come by. We have a plethora of responsibilities, and it’s often hard to choose where to focus our efforts.

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Clearing a Path Toward Equity Through Entrepreneurship

Co Starters

CASE STUDY. Forward Cities + The Corner. New Kensington, Pennsylvania. By partnering with two collaborative national networks, community builders in New Kensington, PA were able to build toward an equitable ecosystem through entrepreneurial training and empowerment.

Marketing-Led Post-COVID-19 Growth Strategies

Businesses are laying off workers, shutting their doors (some permanently), and struggling to react to the radical destruction that coronavirus (COVID-19) is doing to our society and communities. Most have already sustained massive damage, and we still have yet to see the scope of impact of the global pandemic that has upended the globe. Any return to normalcy may seem far-off, but sales and marketing are on the front lines of restarting the economy. When the dust settles, we have a responsibility to turn our shock and grief into fierce determination, and lead the charge of responsible, strategic, sustainable future growth. However, there’s no team better suited to lead that charge than the marketing department. Marketers are uniquely positioned to provide creative solutions to aid their organization in times of change and chart a course for navigating success.

Hyperactive?

A VC: Musings of a VC in NYC

When the pandemic started, the conventional wisdom was that the capital markets would take a beating, including the venture capital market for startup capital. The second quarter of 2020 is now behind us and we will see the data on it soon. I suspect what we will see is a very active venture capital market, quite the opposite of what was initially expected. There are a number of reasons that I think we will see that. First, venture capital firms raise funds and it is our job to put them to work.

The Right Kind of Time Off

GAN

Time Off and Our Mental Health. As I talk with people about the last few weeks, I don’t hear many stories of people taking time off work. And, this isn’t just true in COVID-19 times. In 2018, a record of 768 million vacation days went unused by employees.

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#savetheunicorns – a startup campaign by UBI Global

UBI Global

Save the Unicorns! – The new innovation initiative from UBI Global and how to get involved! There has never been a more seismic shift for the innovation community than the onset of the COVID-19 pandemic.

Microschools are the future–how do we start one?

Jason Calacanis

It’s becoming very clear to me that school isn’t going to be the starting, or be the same, this September, as many of us hoped it would.

How ZoomInfo Helps Overcome the Top Pain Points of Inside Sales

Recent digital transformation has shifted the B2B landscape by ushering in the era of buyer empowerment. With more access to user reviews, analyst opinion, and industry research, decision-makers are more informed than ever while navigating what is now known as the “buyer’s journey.”

5 Qualities to Look for in a Remote Employee

Entrepreneurs' Organization

Contributed by Kaelee Nelson, writer and content specialist. There are now over 1 million novel coronavirus (COVID-19) cases worldwide. In an effort to stop the spread and “flatten the curve” through social distancing, much of the world has been on a stay-at-home order. Many nonessential businesses have been forced to close their doors to the public during this pandemic.

CO.STARTERS is a Small Business Too: Part I

Co Starters

What we’re doing as a small business to survive the pandemic. By Jose Alfaro, CO.STARTERS COO. Adaptation isn’t something that happened once in March. It’s going to be a way of life for a while. We have published thousands of words about what small businesses should be doing right now in theory. But I want to go further and talk about the tactics of assessing, pivoting, and adapting. . “Go Go back to the basics,” we said. Think about how your customer has changed,” we advised. . “Be

Headgum and Gumball

A VC: Musings of a VC in NYC

Podcasts have emerged as a major new category in media/entertainment/news/education etc. We have seen huge deals for big podcast hosts like Bill Simmons and Joe Rogan, both of whom did transactions with Spotify for nine-figure amounts. But as Spotify (and surely others to follow) lock-up top podcast content to strengthen their subscription offerings, we stand to lose something awesome about podcasts which is the ability to listen to them for free on any platform we choose.

How One Company Was Poised to Grow 1,000% During the Pandemic

GAN

The COVID-19 pandemic has ushered in a historic global economic decline. However, there are a handful of industries that were poised for such a time as this. E-commerce, virtual meeting software, edtech, and telehealth have taken off. And companies who have remained flexible and curious have taken the rapid change brought by the pandemic in stride. .

Marketing Ops: The New Revenue Hero

As data continues to play a starring role in today’s B2B organizations, both marketing and sales operations professionals are poised to solidify their place as critical revenue drivers. In particular, the evolution of the Marketing Operations (Ops) role has created a new standard in marketing and has become a vital component of an organization’s success.