November, 2020

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How To Build a Pandemic-Proof Business Plan for 2021

Entrepreneurs' Organization

Contributed by Alexis Maness, contributing editor at 365businesstips.com. Nearly 100,000 businesses have permanently closed due to COVID-19. And with no end in sight for returning to business as usual, that number can be intimidating to anyone who’s considering opening their own business or entrepreneurs hoping to survive the next year.

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8 Things Entrepreneurs Often Overlook When Starting a Business

StartupNation

Not everyone has the drive to start their own business. Even deciding to press ahead and take that risk is a massive first step, and one to be applauded. We need that entrepreneurial spirit and mindset in the world in order for innovative new businesses to emerge. However, it’s important to take things slowly and wisely. You need to consider all of the steps that need to be taken to open a business.

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Going Direct To Learners With Software

A VC: Musings of a VC in NYC

I was talking to a group of education entrepreneurs (on Zoom naturally) last week and was advocating for the “direct to learner” approach that defines our eduction investing strategy at USV. For the most part, we do not like to back companies that sell learning tools to educational institutions. We like to back companies that use software to go directly to learners, wherever they may be.

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10 Ways Entrepreneurs Limit Their Creative Potential

Startup Catalyst Brief Submitted Articles

Every entrepreneur believes in their heart that their startup is more innovative and creative than their competitors. Yet none knows exactly.

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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 The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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B2B marketplaces will be the next billion-dollar e-commerce startups

TechCrunch

Merritt Hummer. Contributor. Share on Twitter. Merritt Hummer is a partner at Bain Capital Ventures, where she invests in the fintech, e-commerce and proptech sectors. Startups involved in B2B e-commerce such as Faire and Mirakl have burst out of the gates in 2020. Almost overnight, these startups transformed into consequential platforms, earning billion-dollar valuations along the way.

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Celebrating Wonder women

Entrepreneurs' Organization

At EO, we celebrate entrepreneurs every day. But with Women’s Entrepreneurship Day taking place this week, we’re directing our applause to all the entrepreneurs who are women! What better way to recognize these hard-working innovators than by showcasing female founders who have been featured on EO’s Wonder podcast ? Host and EO member Kalika Yap launched the podcast as a way to share stories that empower women entrepreneurs to change the world.

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Why Entrepreneurs Shouldn’t Be Afraid to Ask for Help

StartupNation

The following is adapted from “Mr. Monkey and Me: A Real Survival Guide for Entrepreneurs” by Mike Smerklo. Copyright 2020 Lioncrest Publishing. In addition to getting the help you need and gaining perspective from your peers, there’s an added, less obvious benefit to asking for help. Odd as it may sound, asking someone for help endears you to the person you ask, because it builds the helper’s self-esteem and makes them feel useful.

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On-Demand Marketing team | 150Birds Startup Review

Feedough

Marketing isn’t everyone’s cup of tea, and it’s really hard when it comes to startups. While there’s always an option to hire an in-house marketing team, it’s not always feasible as it costs a lot. Hiring agencies to handle marketing is a great workaround. But they do charge a lot as well. Freelancers get the work done for a lesser price. But they’re slow.

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The Face Of Angel Investing Is Changing. Here’s What You Need To Know

Startup Catalyst Brief Submitted Articles

Amid the coronavirus outbreak, angels are telling founders to scrutinize their sales forecasts, hiring plans, costs and every other assumption about their business.

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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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Which emerging technologies are enterprise companies getting serious about in 2020?

TechCrunch

Scott Kirsner. Contributor. Share on Twitter. Scott Kirsner is CEO and co-founder of Innovation Leader , a research and events firm that focuses on innovation in Global 1000 companies, and a longtime business columnist for The Boston Globe. Startups need to live in the future. They create roadmaps, build products and continually upgrade them with an eye on next year — or even a few years out.

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How To Grow Your Economy. Build It, Don’t Buy It!

Ecosystem Builder Hub

Building Startup Communities is the Way to Economic Growth and Recovery. Economies are hurting. Even prior to COVID-19, healthy economies were limited to a few metro areas. The pandemic has accelerated and exacerbated the situation. All across the country, communities need to jump start and rebuild their economies. How? Research has shown that most new jobs come from young businesses.

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The business model of the future

Entrepreneurs' Organization

Erich Joachimsthaler , founder and CEO of VIVALDI envisions a new business model—one that creates shared value for all. Companies that embrace this new model, called interaction field companies, generate, facilitate and benefit from interactions and data exchanges among multiple people and groups—from customers and stakeholders, but also from those you wouldn’t expect to be in the mix, like suppliers, software developers, regulators and even competitors. .

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5 Things Veterans Should Know About Starting a Business

StartupNation

Pursuing a second career after leaving the military can be challenging, which is why a growing number of veterans choose to become entrepreneurs. A 2018 study by the the Small Business Administration (SBA) Office of Advocacy reported that there were over 379,000 veteran-owned employer businesses in the U.S. , and overall, 6.8 percent of all employer businesses were majority owned by one or more veterans.

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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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Alkami could become Oklahoma’s first ‘Unicorn’

Innovation 2 Enterprise

By Scott Meacham. In the venture capital industry, “unicorn” is a term used to describe a privately held startup company with a company valuation of over $1 billion. The idea being, that unicorns are a rare mythical breed, more likely imagined than seen—but in the venture capital business, they do sometimes appear and, when they do, it is a very special occurrence.

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How to Identify a Future Billionaire, According to a Legendary Investor

Entrepreneur's Handbook

Six-time unicorn angel investor, Jason Calacanis, talks about how he chooses his bets Continue reading on Entrepreneur's Handbook ».

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Discord is close to closing a round that would value the company at up to $7B

TechCrunch

Discord , the communications service that’s become the 21st century’s answer to MUD rooms, is close to closing a new round of financing that would value the company at up to $7 billion, according to sources with knowledge of the round. The new funding comes just months after a $100 million investment that gave the company a $3.5 billion valuation.

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How a Merger of Salesforce and Slack Would Change the SaaS Landscape

Tomasz Tunguz

The rumor mill churns with whispers Salesforce will acquire Slack. This combination would be strategic for both involved for three reasons. First, Salesforce and Slack share Microsoft as their most significant competitor. Microsoft Teams' rapid assault and consequent market power into the corporate instant messaging market transformed the market dynamics in less than 12 months.

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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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Selling More Online: A Conversation All About E-commerce

Smart Hustle Magazine

John Lawson and Jackson Cunningham spoke at the Survive and Thrive Summit and talked all about starting e-commerce. H osted and produced by Ramon Ray of Smart Hustle Media, the first two Summits were successfully held in 2020. The next one will be in the spring of 2021. Be the first to know when that registration opens up as well as other online events by signing up for our newsletter.

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The 7 Business Lessons We’ve Learned in 7 Years

StartupNation

Fewer than 50 percent of businesses make it to their fifth year. That means that half of all companies have a short lifespan, despite their efforts to build something successful long-term. The interior design space is particularly competitive: predictions state that by 2026, the market will be worth $270,410 million , and in turn, a whole host of new ventures are battling for consumers’ attention and business.

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Seed, Sow, Water, Grow: 4 Expert Tips to Secure Angel Investment for Your New Business Venture

Startup Catalyst Brief Submitted Articles

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Why You Should Go To College?—?Even If You Want To Become A Billionaire

Entrepreneur's Handbook

This is how going to college benefited dropouts like Zuckerberg or Larry Page. Continue reading on Entrepreneur's Handbook ».

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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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There’s no ‘hacker house’ geared toward undergraduate women, so they created one of their own

TechCrunch

Hacker houses are making a comeback for entrepreneurs as remote work drags on. While founders are adapting to quarantine in style, a group of college women in their 20s aren’t waiting until they are done with undergraduate to plunge into the lifestyle themselves. Started by college juniors Coco Sack and Kendall Titus , Womxn Ignite is a house for female and non-binary college undergraduates studying computer science.

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The Supercharger Boosting Startupland Fundraising and Exits

Tomasz Tunguz

Despite the economic backdrop, startups continue to plow ahead. One of the biggest changes in the last year in the US is the Fed’s stated low interest rate policy for the next three years. What impact are we seeing in the market? Theory says lower interest rates means investors should shift from less risky to more risky assets to find the same level of return.

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Resilient Leadership: Thriving in the Unknown

Smart Hustle Magazine

Jennifer Maher, David Chang, and Meredith Schmidt spoke at the Survive and Thrive Summit about communication during COVID and how important it is during these challenging times. Hosted and produced by Ramon Ray of Smart Hustle Media, the first two Summits were held earlier in 2020. The next one will be in spring 2021. It's free. If you don't want to miss when registration opens up, sign up for our newsletter.

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What is Cyber Insurance, and Does My Startup Need It?

StartupNation

Startups typically rely on innovative ideas and technologies to disrupt and revolutionize their respective industries. However advantageous, this reliance on technology also has its drawbacks. Most startups can expect to have severe exposure to cybercrime and unintentional data breaches at some point. If you store, manage and use your clients’ personal information, your company could be held liable by the victims in the event of a data breach or cyberattack.

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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.