Sat.Jun 04, 2016 - Fri.Jun 10, 2016

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You Don't Need a Co-Founder

This is going to be BIG.

but you do need a team. And if you happen to find someone amazing you want to partner up with, that's fantastic. Just don't go picking someone who really doesn't compliment you just because it's some kind of VC rule. I've heard a lot of VCs tell founders they need co-founders--and that they wouldn't look at a business at a very early stage without a co-founder.

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The lion and the ant: A managerial lesson

Berkonomics

This story has been making the rounds lately, and I confess that our research cannot find the source. So, with thanks to whomever created this great little parable, here it is: “Every day, a small Ant arrived at work early and started work immediately, she produced a lot and she was happy. The boss, a lion, was surprised to see that the ant was working without supervision.

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You Could Write What I Know About Millennials On the Back of a Postage Stamp

Entrepreneurs' Organization

Last Thursday, based in the wonderful surroundings of William Fry’s HQ on Grand Canal, my two big stressors came together, Millennials and public speaking. A couple of years ago I decided to step out of my comfort zone and join the brilliant Entrepreneurs Organization. I have learned a lot, met so many people and benefited greatly since I joined the group.

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Subverting Systems of Record with Chat Bots

Tomasz Tunguz

How does a chat bot company transform a technology advantage into a distribution advantage? This is the key question facing startups in this part of the ecosystem. Deep learning is advancing at an incredible rate. Google has released TensorFlow and Parsey McParseface. These advances will improve natural language understanding, enabling chat interfaces to amaze and delight users.

SaaS 40
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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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Be Honest on VC Reference Calls

This is going to be BIG.

A friend of mine running a very successful company found himself conflicted over an upcoming reference call. It was from a top college endowment that was taking a look at the next fund of a widely known VC who had backed him. The truth of the matter is that their experience with this VC hadn't lived up to the hype. The VC firm was growing quickly, having raised two funds in just a few years, each quite larger than the previous one.

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Huddles Aren’t Just for Football Players: How Entrepreneurs Can Leverage Brief, Daily Meetings

Entrepreneurs' Organization

Every day at 10:55am, everyone at the Junktion (the head office for O2E Brands the company group for 1-800-GOT-JUNK?, WOW 1 DAY PAINTING, You Move Me, and Shack Shine) stops what they’re doing and comes together for a 7-minute stand-up meeting called Huddle. Huddle connects everyone, provides transparency into our business, and makes us a stronger team.

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When to Scale Sales for Your SaaS Startup

Tomasz Tunguz

When is the right time to increase sales headcount for a SaaS startup? It is one of the most strategic decisions for early-stage business to make given the amount of effort and expense involved in building, managing and scaling a sales team. While there is no single absolute sign, neither qualitative nor quantitative, these are some of the signals I have found indicate it might be a good time to scale sales.

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8 Building Blocks for a Small Business

Entrepreneurs' Organization

This article was originally published on EO’s Inc.com column. Morris Tabush, an Entrepreneurs’ Organization (EO) member from New York, is the founder a president of Tabush Group , a successful cloud computing, technology solutions and IT company focused on serving small businesses. We asked Morris what it would take for a small business to be able to grow and reach the next level of success.

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Providing Constructive Feedback

Entrepreneurs' Organization

This article was originally published on K. Coaching, Inc.’s website. It has been re-posted here with their permission. At K.Coaching , we work with many clients that want to improve their leadership and management skills. Often we see managers avoiding crucial conversations or giving constructive feedback. Sometimes it may feel better to just ignore the situation, hoping that it will go away, instead of addressing the situation appropriately and constructively.

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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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Ten Ways You’re Failing At Employee Wellness

Entrepreneurs' Organization

This article was originally published on Forbes.com. Employee wellness can be incredibly beneficial for your company. Not only can a wellness program help you save on insurance costs, but it can help improve employee morale, boost productivity and build a resilient workforce. With all of those benefits on the line, it’s a shame that many managers really aren’t getting the most of their wellness programs.

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The Key Ingredient to Disrupting with Machine Learning

Tomasz Tunguz

Which are the ripest areas for startups to disrupt using machine learning? At the core, machine learning/artificial intelligence relies on two key ingredients: advanced algorithms and data sets to train those algorithms. Novel algorithms are increasingly making their way into the public domain in the form of open-source libraries. So, the key differentiator for startups and ultimately long-term competitive advantage is access to proprietary data sets.