Sat.Oct 13, 2018 - Fri.Oct 19, 2018

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4 Steps to Hiring a Rock Star COO (Plus, Why You Need a COO!)

Entrepreneurs' Organization

Written by EO Germany member and CEO Feliks Eyser. A version of this article first appeared on Feliks’ Medium blog. . Building an amazing company requires more than vision. You’ve heard the saying that every success story is 1% inspiration and 99% perspiration. You have to sweat and execute! Many people have good ideas, but few can execute and build a great company around it.

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The Willingness to Learn and the Pressure to Be Confident

This is going to be BIG.

Being a founder means showing confidence. It’s nearly impossible to fundraise, hire, or lead without it—but at the same time, founders don’t know everything. There are many things they’re going to be doing for the first time that are ridiculous to expect them to know how to do right off the bat. Just because you start a company doesn’t necessarily mean you’re automatically a good manager, a good recruiter, or good at PR.

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Take advantage of the good times to build stakeholder loyalty.

Berkonomics

Loyalty is a hard-earned commodity. There are several times when stakeholder loyalty is tested to the limit. For employees, a late or missed payroll is the ultimate test of corporate loyalty, divorced even from an employee’s ability to make do without a paycheck. For investors, a subsequent down round at a lower valuation than the last, or an exit opportunity at a loss are all opportunities for the affected stakeholder to show a side that can sometimes shock an entrepreneur or CEO.

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FundersClub Portfolio Follow-On Rounds Update - Q3 2018

FundersClub

We'd like to congratulate FundersClub portfolio companies on their ongoing progress, as well as to welcome aboard their new VC investor partners. Selected recent FundersClub portfolio company follow-on rounds: GitLab announced its $100M Series D, led by ICONIQ, and minting it a new $B portfolio company. GitLab provides open source code collaboration software.

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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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7 Habits That Keep Women Stuck

Entrepreneurs' Organization

Women’s leadership expert Sally Helgesen and leadership coach Marshall Goldsmith join forces to address the common and specific roadblocks women face in their pursuit of professional success in the book How Women Rise. The very habits that may have helped women early in their careers may be hindering them as they progress in the workplace. Helgesen and Goldsmith tackle the top 12 habits that could be stopping your next promotion.

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SaaS Freemium/Free Trial Survey is Here

Tomasz Tunguz

Earlier this year, I wrote about MadKudu’s analysis of free trials and asked if readers were interested in another benchmarking survey on the topic, and the response was overwhelming. Over the last few weeks, my colleague Patrick Chase , and I (along with help from many people in the community) have been busy putting the survey together. I’d like to thank Ryan Janssen for lending a hand.

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Get inside your Buyer’s Head – Improve Conversion Rates

For Entrepreneurs

At this year’s SaaStock, I presented on one of my favorite topics: how to improve your marketing and sales funnel conversion rates using a deep understanding of what is going on in your buyer’s mind as the navigate through their … The post Get inside your Buyer’s Head – Improve Conversion Rates appeared first on For Entrepreneurs.

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Slow Is Fast: Think Before Chasing Rapid Growth

Entrepreneurs' Organization

Written for EO by Dave Pributsky, cofounder of 2920 Sleep. One day, a hare was making fun of a tortoise for being so slow. “Do you ever get anywhere?” the hare asked with a mocking laugh. “Yes,” the tortoise replied, “and I’ll get there sooner than you think. I’ll run you a race and prove it.” No, this isn’t storytime for entrepreneurs.

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