November, 2022

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How to Get Started Mapping Your Entrepreneurial Ecosystem [Updated]

Ecosystem Builder Hub

Want to map your entrepreneurship ecosystem but don’t know how to get started? Start here! Note: I originally published this article in 2019 to share my lessons-learned from mapping a local ecosystem. In the years since, through research and conversations with others, I’ve gained some additional insights and perspectives. I’ve added some of those insights here while I work on a more comprehensive resource guide to mapping entrepreneurship ecosystems.

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The Startup Business Plan: How Will You Reach $100M in Revenue?

Entrepreneur's Handbook

A top-down approach to the business plan simplifies decision making while presenting a compelling pitch to investors Continue reading on Entrepreneur's Handbook ».

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Identifying Blind Spots: How to Make a CEO Successful in the Role

The Seraf Compass

Being CEO is one of the loneliest jobs in the world. As CEO, you are ultimately held accountable for the success or failure of the company. Your employees and their families depend on you for their income. Customers depend on you to solve important problems for them. Shareholders depend on you to deliver the promised return on investment. When times are good and the company is growing and profitable, it’s a great job to have.

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14 EO Members Share The Best Thing About Entrepreneurship

Entrepreneurs' Organization

“Being an entrepreneur is not for the faint of heart. However, it allows you the freedom to explore all the spaces and crevices of your mind and abilities and work on your own terms,” said Natasha Miller, EO Los Angeles and EO US West Bridge member, and founder of Entire Productions. “I couldn’t imagine another way of life for myself. But understand it’s not for everyone.”.

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The B2B Sales Leader's Guide for Any Economic Environment

When economic headwinds pick up, sales leaders are the first to sound the alarm — and chart a new course. Longer sales cycles, larger buying committees, increased price pressure, and smaller teams can quickly combine to reduce your margin for error and increase the urgency to find a solution. To thrive in a challenging environment, sales teams need a rock-solid grasp of the fundamentals and the biggest force-multipliers they can get their hands on.

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Cultivating Inclusivity: Why Mentorship Matters in Innovation and Entrepreneurship

Venture Well

Find out how to provide mentorship to students who may not feel like they belong in innovation and entrepreneurship. The post Cultivating Inclusivity: Why Mentorship Matters in Innovation and Entrepreneurship appeared first on VentureWell.

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OpenAI will give roughly 10 AI startups $1M each and early access to its systems

TechCrunch

OpenAI, the San Francisco-based lab behind AI systems like GPT-3 and DALL-E 2, today launched a new program to provide early-stage AI startups with capital and access to OpenAI tech and resources. Called Converge, the cohort will be financed by the OpenAI Startup Fund , OpenAI says. The $100 million entrepreneurial tranche was announced last May and was backed by Microsoft and other partners.

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57 best businesses to start with $10K or less [2023]

The Zapier Blog

After I graduated college, I had the idea of starting a small business, but there was just one problem: the only money I had was a couple thousand saved up from my part-time job. So, I decided to create a business that could be launched with little to no start-up costs : tie-dyeing and upcycling vintage and thrifted T-shirts. Streamline your business operations Automate your workflows If you've also dreamed about starting your own business but are turned off by potentially high start-up co

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Charting a Course: Building a Winning VC Fund Strategy [Part I]

The Seraf Compass

As a newly minted manager of a venture fund, your initial response to the question “what are we busy about?” might be, “finding great companies, investing in them and waiting for big financial returns.” And, while your response would be directionally correct, it would be woefully incomplete. There is so much more to running a fund than leaping in, chasing companies and slinging cash around.

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Why Productivity Paranoia is the Real Obstacle to Remote Work

Entrepreneurs' Organization

Do bosses trust employees to be productive when working remotely? A recent Microsoft study found that 49 percent of managers of hybrid workers “struggle to trust employees to do their best work.” This lack of trust in worker productivity has led to what Microsoft researchers termed productivity paranoia: “Where leaders fear that lost productivity is due to employees not working, even though hours worked, number of meetings, and other activity metrics have increased.”.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

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Compare the Best Mobile POS Systems

Quick Sprout

When it comes to the best mobile point-of-sale (POS) system, we recommend Square because it’s versatile, reliable, and affordable for a wide range of businesses. Turn your phone or iPad into a POS system with a free card reader when you sign up with Square. . Mobile POS systems have changed the way customers pay for everything from meals to MacBook Pros.

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The Buy And Hold Mindset

A VC: Musings of a VC in NYC

When markets are in turmoil, like they have been for most of this year, I like to have a buy-and-hold mindset when it comes to making new investments. It is hard to know when you’ve reached the bottom and can start buying again, but if you think about a ten or twenty-year hold, then it becomes a bit easier. The Gotham Gal and I buy and build a fair bit of real estate on the side and we generally use a “cap rate” of between 5 and 10 when we acquire and develop real estate.

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Bending Spoons acquires Evernote, marking the end of an era

TechCrunch

Evernote, the note-taking and task management app founded over 20 years ago, has been acquired by Milan-based app developer Bending Spoons. In a post on Evernote’s newsroom, Evernote CEO Ian Small said that Bending Spoons will take ownership of Evernote in a transaction expected to close in early 2023. “For Evernote, this decision is the next strategic step forward on our journey to be an extension of your brain,” Small wrote. “Teaming up with Bending Spoons will [acceler

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The 6 best note-taking apps in 2023

The Zapier Blog

Note taking is one of those universal but intensely personal things. Everyone takes notes, whether it's as simple as writing down a grocery list or phone number or as systematic as typing up detailed book summaries or meeting minutes. For some people, notes are just text—maybe with a few headings and bullets; for others, they're essentially scrapbooks with elaborate doodles and images.

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How to Avoid the Pain and Cost of PCI Compliance While Optimizing Payments

Speaker: P. Andrew Sjogren, Sr. Product Marketing Manager at Very Good Security, Matt Doka, Co-Founder and CTO of Fivestars, and Steve Andrews, President & CEO of the Western Bankers Association 

PCI compliance can feel challenging and sometimes the result feels like you are optimizing more for security and compliance than you are for business outcomes. The key is to take the right strategy to PCI compliance that gets you both. In this webinar, we have a great set of panelists who will take you through how Zero Data strategies can be used as part of a well-rounded compliance and security approach, and get you to market much sooner by also allowing for payment optimization.

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How to Negotiate a Startup Valuation

Entrepreneur's Handbook

Find your lead investor and signal your valuation expectations to begin the discussion on investment terms Continue reading on Entrepreneur's Handbook ».

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6 Surprising Parallels Between Entrepreneurship and Crisis PR

Entrepreneurs' Organization

Contributed to EO by Eden Gillott, who is president of Gillott Communications , a strategic communications and crisis PR firm. She’s the author of A Business Owner’s Guide to Crisis PR: Protecting You & Your Business’ Reputation, an EO Los Angeles member, and that chapter’s Accelerator co-chair. We asked Eden about the similarities between entrepreneurship and crisis public relations.

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Oasis PEO Review

Quick Sprout

Outsourcing payroll or using multiple software to manage human resources isn’t always enough to efficiently handle all your administrative tasks. That’s where PEO (professional employer organization) service providers come in. In the past few years, outsourcing several managerial and administrative functions to trusted PEOs has become quite common. Oasis PEO is one of the many excellent PEO service providers available in the market today.

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Your First Biotech BD Hire

Andreessen Horowitz

Now more than ever, business development is top of mind for biotech founders. Scientific collaborations have always been an essential piece of the drug development ecosystem, enabling small biotech companies to accelerate and maximize the impact of their therapeutic platforms … The post Your First Biotech BD Hire appeared first on Andreessen Horowitz.

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Building Healthy Innovation Ecosystems for Your Projects

Speaker: Nick Noreña, Innovation Coach and Advisor, Kromatic

Every startup and innovation project exists within an ecosystem that either helps or hurts that project. As innovation managers, we need to keep a pulse of that ecosystem and make sure we're helping those innovation projects we're managing every step of the way. 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

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Meet Budibase, a low-code open-source web app builder with automations

TechCrunch

While there are differing perspectives on the degree to which no-code and low-code development tools could eventually supplant human software developers, it’s clear that any software that takes care of the technical “heavy lifting” is having a huge impact within businesses — in terms of opening app-building to more personnel, plugging the talent gap and helping existing developers focus on more demanding tasks.

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13 work from home lunch ideas worth taking a break for

The Zapier Blog

Working from home means no commute, but it also (usually) means no free food. You can't grab a donut from the break room when you work from home, and there's no "we're making a lunch order; do you want anything?" Use automation to create moments of fun in your remote or hybrid team Learn how Of course, working from home also means you don't have to risk lunchbox interference in the refrigerator or a mysterious Tupperware that's been unclaimed for so long it'

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Weekly 24: Adventures in Venture Capital

Entrepreneur's Handbook

Welcome to another edition of our newsletter! You’ll receive practical startup advice straight to your inbox every week. In this week’s edition, we discuss How to negotiate your startup’s valuation. How to fundraise in the current landscape of uncertainty. Are you actually ready to pitch? Let’s do this. How do you negotiate the valuation of your startup?

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Leading Leaders: 5 Insights from 5 Years with EO (that can help you, too)

Entrepreneurs' Organization

By Dr. Carrie Santos, CEO of Entrepreneurs’ Organization. 2017 feels like a very long time ago. The world has changed significantly. A global pandemic. A brutal war. A stressful squeeze on global supply chains. A surge in extreme weather disasters. The rise of ‘fake news’. It is a time that has tested many of us. Yet, as I mark five years leading the Entrepreneurs’ Organization (EO) as its CEO, it’s a good time to reflect on five key insights gained from such a remarkable community of business f

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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?

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Paylocity Review

Quick Sprout

Paylocity is an online payroll and HR service that helps to simplify the payment processes of any-sized business in any industry. Paylocity goes beyond traditional software by combining payroll and HR, creating an all-in-one solution with functions in workforce management, talent, and benefits. Paylocity offers flexible solutions with top-tier support, making it easy to automate processes and enhance employee and workplace connections.

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Resource Spotlight: Anika Horn’s Ecosystems for Change Podcast

Ecosystem Builder Hub

Ecosystem building and community building is hard. Entrepreneurship ecosystem builders work for social change and impact — working to help their communities thrive. They amplify the work of local makers, doers and innovators by championing their efforts and rallying support around them. They build a culture of trust and collaboration among stakeholders, so that the doers and innovators have equal access to information, talent and resources when they need them.

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Yassir pulls in $150M for its super app, led by BOND

TechCrunch

Yassir , an African super app platform that offers on-demand services such as ride-hailing, food and grocery delivery, and payments, has raised $150 million in Series B funding, five times what it raised in its previous priced round last November. . The investment was led by BOND, the growth-stage firm that Mary Meeker spun out of Kleiner Perkins in 2018.

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The 8 best to do list apps in 2023

The Zapier Blog

There are too many to-do list apps. Trying them all would be a massive task, and I know because I did. Why are there so many apps for something easily done on sticky notes? Because managing tasks is an intensely personal thing. People will reject anything that doesn't feel right. That's a good instinct, but it makes it hard to find the right app.

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The ABM Benchmark Survey

ABM gets better with age — but unfortunately, marketers don't have the luxury of pouring it into an oak barrel for a couple decades to let it mature. In a recent survey with Demand Gen Report, we found 59% of experienced practitioners (those with ABM programs more than a year old) indicated their ABM programs are meeting or greatly exceeding their expectations, while only 45% of novices (those with ABM programs less than one year old) could say the same.