August, 2020

13 Entrepreneurs Reveal Their Best Business Advice

Entrepreneurs' Organization

Agonise over whether or not you need business partners. Ai-Ling Wong—founder at The Decorateur. If you can afford it, don’t have business partners. Nine out of 10 entrepreneurs I know have long-term pain with their partners.

The Secret to Creativity Is Not What You Think

Co Starters

What do you get when you cross an entrepreneur, an angel investor, and a psychologist? You get our latest guest in our Straight Talk With Starters series—Dr. Shelley Prevost of The Big Self School. Though Shelley has worn lots of hats over the years, from tech startup founder to Director of Happiness at a venture capital firm, she’s landed (for the moment) as an entrepreneur psychologist. .

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It Depends: Why the right fundraising strategy for your startup is never a straight answer.

This is going to be BIG.

Talk to ten founders and ten different VCs and you’ll get roughly about 600 different suggestions as to how you should go about your fundraising strategy. I don’t know what the formula is here, but the numbers and the resulting amount of confusion gets big very very quickly.

Cities Should Think Creatively about Entrepreneurship Ecosystem Building

Source Link

How do other cities build entrepreneurship? Alejandro Manzanares of the National League of Cities (NLC) shares insights from cities in its third cohort on establishing entrepreneurial seed funds, building innovative workforces and ecosystem mapping

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!

Promoting women’s advancement in Haiti through creative baked goods

Young Leaders of the Americas Initiative

By Caroline Sachdeva. 2017 YLAI Fellow Marie Flore Morett, owner of Delices de Marie Florett , has worked to create a welcoming community in Haiti to empower women to seek employment opportunities and work to decrease the job and wage inequalities present in Haiti.

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3 key ingredients for successful remote work

Entrepreneurs' Organization

The global coronavirus pandemic has forced a widespread shift to remote work. The impact on our families and careers has been significant. Around the world, parents struggle to find a quiet space to work, professionals battle with technology, and employers assess the safest way forward. .

Entrepreneurs and Economic Developers Both Want to Make a Difference in their Community. Here are Practical Ways they Can Improve their Collaboration.

Co Starters

Part six of a series from our founder on exploring a new approach to economic development that places individuals, families, and entrepreneurs at the center. . By Enoch Elwell. At CO.STARTERS, our team has the privilege of working with several groups of transformational leaders.

The New Non-Work Schedule for an Energetic Life

GAN

Over the last three months, I’ve had more energy than I’ve had in the previous three years. . The reason is twofold: first, my work schedule is “under control.”

Why Investors Say No - Three Startup Pitch Mistakes That Are Easy to Fix

Dream It

Speaking to investors can require a language of its own. Word choice is important and even the smallest detail can make or break your startup pitch. Adam Dakin , Managing Director of Dreamit Healthtech, sees founders make the same common pitch mistakes over and over. Luckily, he’s a pro when it comes to pitching investors and distills the advice so it’s easy to avoid. In this Dreamit Dose, Adam dives into the language of the pitch and flags three common mistakes you’ll want to avoid.

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.

How adaptability during a pandemic transformed this YLAI Fellow’s Honduran sustainability company

Young Leaders of the Americas Initiative

By Angie Garozzo. 2018 YLAI Fellow Cinthya Andino is most passionate about design and about protecting the environment. In 2015, she was able to merge these two passions together to create her company, Beleaf.

Subscription Agreements

A VC: Musings of a VC in NYC

I just finished completing a thirty page form for an investment my wife and I are making in a limited partnership. This form is called a subscription agreement. I wrote about the frustration of having to complete this identical form again and again six and a half years ago here on AVC. One great thing has happened on this issue in those six and a half years. Many/most subscription agreements are now sent digitally via Docusign or Adobe. That’s great.

Keep in touch: Client outreach is critical during business slumps

Entrepreneurs' Organization

Is your business struggling due to the pandemic? You’re not alone. Around the globe, entrepreneurs are creating new ways to stay afloat —and that includes reaching out to clients and prospects in new ways. While business may be slow, client outreach must never slow.

health 203

Economic Developers Cannot Just Rely on Corporate Recruitment. They Have to Grow Their Own Ecosystem.

Co Starters

Part five of a series from our founder on exploring a new approach to economic development that places individuals, families, and entrepreneurs at the center. . By Enoch Elwell. During the nineties, the Chicago Bulls dominated the NBA by focusing primarily on developing homegrown talent.

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.

Stones Unturned: An Investor’s Guide to Due Diligence in Early Stage Companies

The Seraf Compass

Some investors will tell you after spending 60 minutes with an entrepreneur they know in their gut whether to make an investment. They rely on their instincts and sometimes their ability to “pattern match” with successful opportunities and entrepreneurs they worked with in their past.

Infermedica Raises $10 million Series A for R&D and International Expansion

Dream It

Infermedica (Healthtech ‘18) is an AI-driven platform that helps insurance, telemedicine companies, and health systems increase efficiency through fast, digital symptom-checks. The platform has nearly 60 B2B partners across 30 countries, including Microsoft, Allianz, Global Excel, Sana Kliniken, and Médis, and has performed more than 6 million health checks globally.

health 150

Empowering millennials in Peru to take action volunteering

Young Leaders of the Americas Initiative

By Jewelle Saunders. Rosario Diaz Garavito, the founder of The Millennials Movement , didn’t look to be labeled as an entrepreneur and a leader in her community when she began her small social media movement promoting youth volunteerism in 2013. She was just focused on doing the work.

Financing Document Forms

A VC: Musings of a VC in NYC

Many founders want to do SAFE note financings for their early rounds to save time and money. My response to that is “let’s do a priced round, we can use a standard financing form we both like, we won’t use a lawyer on our side, and we can close in a week.” ” The key to being able to do that is the availability of standard financing forms. Many venture law firms and also the NVCA have published standard forms on the web. Here are Cooley’s forms.

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.

online education: tips and resources for innovation and entrepreneurship educators

Venture Well

We’ve compiled key learnings and best practices from educators in our community who have adjusted to the demands of online education. The post online education: tips and resources for innovation and entrepreneurship educators appeared first on VentureWell. Faculty teaching resources

Entrepreneurship is About Creation. Here’s Why We Need to Train Entrepreneurs to Create the Next Economy.

Co Starters

Part four of a series from our founder on exploring a new approach to economic development that places individuals, families, and entrepreneurs at the center. . By Enoch Elwell. If we’ve spent time together—or if you read my blog posts—you will know that I don’t spend a lot of time on small talk. I am drawn to people who think about big ideas. I prefer to find out what drives a person or a community, to understand why we do what we do, and where that journey will take us.

How Valence Aims to Provide Better Access and Funding for Black Founders & Executives

Both Sides of the Table

“I gotta say it was a good day.” I’m so fricking pumped today. Really, truly. Yeah, Valence announced > $5 million in funding led by GGV and Upfront. That IS a big deal, but I’ll get to that. But Kamala Harris was picked to be the Vice Presidential candidate for the Democratic Party. That means she’ll be the first female Vice President of the United States, the first female Black Vice President and the first Indian-American Vice President. I don’t take this for granted, be ready for a fight.

The Continued Importance of Accelerators

GAN

Accelerators have been around for almost fifteen years now. Throughout that time, they’ve supported and funded thousands of startups, many of which have turned into powerful companies and positively impacted communities large and small. The reason for that success is, in many ways, due to what accelerators offer every startup that works with them: A Community of startup peers to grow your company alongside.

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.”

Moving trans advocacy forward in Jamaica

Young Leaders of the Americas Initiative

By Jewelle Saunders. The fuller you are, the more you have to give back,” says activist Neish McLean. Invest in yourself, and your hard work will blossom.”. 2017 YLAI Fellow Neish’s hard work of creating a sustainable trans rights movement has blossomed far beyond his expectations.

Quizlet’s State of Remote Learning Report 2020

A VC: Musings of a VC in NYC

Our portfolio company Quizlet put out a “ State of Remote Learning Report ” this week based on what they are seeing across their global learning platform during the pandemic. Quizlet wrote a blog post about it as well.

Timing Is Everything: Angel Investing Success

The Seraf Compass

Ask a great investor what factors are most critical in his/her success in selecting investments and you will probably hear some variation on the following list: Great Team, Great Idea, Huge Market Opportunity, and Innovative Business Model. But there is one other factor that most people don’t think about and very few track. So what is this key factor??

Mistakes I made as a first-time manager

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. . Anyone who has never made a mistake has never tried anything new.” Albert Einstein. It’s almost hard to believe that I have been managing teams for more than 15 years. Time definitely flies!

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.