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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Digitalization: 5 Tech Updates That Will Help You Survive The Recession & Thrive

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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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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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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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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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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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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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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Why Black Friday Is Toxic for Startups

Entrepreneur's Handbook

Skip the rush and focus on building a product that delivers benefits Photo/ Unsplash “Black Friday,” “Cyber Monday,” “mid-season sales.” More and more discount battles are added to the original seasonal sales. Black Friday might be an excellent time for some businesses to decrease inventory and make a quick buck. But if you’re a startup, you should skip the rush and focus on building a product that delivers benefits and create a strong brand instead.

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PE Mastery: CAPTARGET's Playbook for Quality Lead Flow

CAPTARGET presents a masterclass in M&A deal sourcing. Learn to cast a wide net, embracing seller self-identification. Consistency is the linchpin: keep the origination process steady for a reliable flow of opportunities. Diversify your tactics, employing various tools and vendors. Tech matters! Understand DNS settings, domain authority, and brand presence for optimal outreach.

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Creativity As an App

Andreessen Horowitz

How generative AI makes art an extension of programming (and not the other way around). Perhaps the most mind-bending implication we’re seeing from generative AI is that, contrary to the common view that creativity will be the last bastion of … The post Creativity As an App appeared first on Andreessen Horowitz.

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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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What are the best startup and business newsletters to subscribe to in 2023

Founder Bounty

Newsletters and expertise are essential for any business to grow and scale. We have put a few together that can help you grow your business with real entrepreneurs that have proven themselves. They will give you good advice on important factors around business and up to date information on how to adapt to a changing environment including recessions.

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Adidas Cultivate & B.L.O.O.M. program elevates Black and Latinx social entrepreneurs to accelerate their growth and impact

Impact Hub

In Spring 2022, adidas announced its partnership with Impact Hub and Blavity.org to launch a new program called Cultivate & B.L.O.O.M. (Building Legacies Out of Movements), an accelerator program for social entrepreneurs of color. Through knowledge sharing and funding, the program cultivates a thriving ecosystem for changemakers to accelerate impact and deliver initiatives at the intersection of sport, equity and creativity for Black and Latinx communities. .

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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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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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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Investing in Rewind

Andreessen Horowitz

Today’s digital workplace moves faster than at any point in history. We can communicate and collaborate in real-time—and around the world—across text, voice, video, and documents. We can share massive files with a URL and access an unquantifiable amount of … The post Investing in Rewind appeared first on Andreessen Horowitz.

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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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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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How real estate king Ben Mallah used content to sell you everything. A case study.

Founder Bounty

Ben Mallah, worth 250M$, has smartly used content about his real estate investments to excel traffic to his site B enmallah to cross-sell you various consulting projects and other things. He has been successful in his real estate but his youtube and content creation have given him even more exposure. His youtube channel documents his life - with catchy titles " how to make 10M$" Who is he?

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How to Maximize Your Chances of Getting Venture Capital

Jason Malki

Raising venture capital is no easy task. The odds are stacked against you from the start. In fact, only about 2% of startup companies will ever receive VC funding. So, how can you increase your chances of being in that 2%? Here are a few tips. Use Your Networks One of the best ways to get VC funding is to use your networks. If you have any connections to VC firms or individual investors, now is the time to use them!

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Meet Seoul-based accelerator SparkLabs’ 19th batch of startups 

TechCrunch

SparkLabs Korea , a Seoul-based seed to early-stage accelerator, held a demo Day on Thursday for its 19th cohort of companies. The latest demo day marks its tenth year after SparkLabs launched its accelerator program in December 2012. The accelerator has backed more than 270 startups since its inception in 2012, co-founder and partner of SparkLabs Eugene Kim told TechCrunch. .

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3 Simple Habits for Better Creativity

Entrepreneur's Handbook

#2: Stop judging your own work Continue reading on Entrepreneur's Handbook ».

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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.