Sat.Apr 23, 2016 - Fri.Apr 29, 2016

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Why Misunderstanding Startup Metrics Can Cost You Your Business

Both Sides of the Table

There has been a lot of public debate over the past several weeks about whether it’s a good thing to be “gross margin positive” or not and commentary always reminds me that some people at startups don’t quite understand financial metrics or even how to think about which ones are healthy. When I publicly Tweeted that all companies should be gross margin positive many people pointed out that Amazon wasn’t profitable for many years.

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No Leading, No Guts, No Glory

This is going to be BIG.

I spoke to a new seed fund investor the other day and they told me they don't lead. I told them that was b t and they should, because founders need decisive investors who can be helpful, not ones that sit on the sidelines and outsource their decisions to other investors. They told me their fund wasn't big enough. B t. I led the $1.8mm seed investment in goTenna with $250k.

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10 Signs Your Company Needs a Business Accelerator Program

Entrepreneurs' Organization

By Lauren King, Director of the EO Accelerator Program. As someone who’s dedicated her career to helping small-scale entrepreneurs grow their businesses, I’ve heard many skeptics say a business accelerator program is just a cover for startups looking to increase capital. I disagree – after working with thousands of entrepreneurs from around the world who are putting in the hard work and time to reach the US$1 million mark, I see the importance of accelerator programs enabling businesspeople to r

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Employee vs. contractor: Here we go again.

Berkonomics

Several years ago, I wrote an extensive article on the ten most important tests of a company in classifying a person as an independent contractor. See [link] for that important insight. But things have gotten much more complicated lately, partly because of the Uber, Lyft and other new generation of workers and the best description of their class as “semi–independent.”.

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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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Lead, Follow or Get the F**k Out of the Way

Both Sides of the Table

Lead — It’s hard to be a real leader. Decisions are never black or white, so most people fudge. The straddle middle grounds to keep everybody happy. They make compromises to try and hold together constituencies. On business decisions they want to hedge their bets so they do a little bit of everything but nothing extremely well. As highlighted by Brad Garlinghouse years ago in the famous “ peanut butter manifesto ”— it’s like spreading peanut butter evenly over a piece of bread.

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New Belgium Brewing’s Kim Jordan On How To Get Your Team To Own It

Entrepreneurs' Organization

This article was originally published by Ashoka on Forbes.com. Ashoka, the largest network of social entrepreneurs worldwide, is a partner of the Entrepreneurs’ Organization. Kim Jordan is Cofounder of New Belgium Brewing, one of America’s pioneers in craft brewing and an industry shaper known for its forward-thinking environmental practices and employee engagement.

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Possible futures

Derek Sivers

I occasionally get a big vision for my future — a huge project that will take many months or years. Something exciting and very worth doing. I’ll do a bunch of research, make a bunch of plans, and feel like I’ve made a big decision on a new direction in life. Then a month later, I have a completely different vision. Something unrelated to the previous one.

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Never Ask Two People to do One Person’s Job

Both Sides of the Table

Why you do me like that? Over the year’s I’ve tried to offer some tangible, practical advice to help people communicate more effectively. I’ve weighed in on: Email 1 —  How to Get Busy People to Take Action Email 2 —  Etiquette to Email Introductions Email 3 —  Make it Easy for Me to Forward Your Email ! Phone Calls 1 —  Pick up the Damn Phone ! Phone Calls 2 —  How to Make Better Calls Presenting at Meetings —  Without Going Down a Rat Hole Presentations —  Where Should You Sit ??

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The Secret of Exceptional Teams

Tomasz Tunguz

It’s hard to read Boys in the Boat before I sleep. The stories of the 8 rowers awaiting the coxswain’s call at the starting line of a boat race remind me of the races I competed in with so many wonderful friends and oarsmen. Imagining those races - and in particular, placing second at nationals, the adrenaline surges and my heartbeat accelerates, resurfacing all those memories and moments.

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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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How to Bootstrap a Business from Your Basement

Entrepreneurs' Organization

Entrepreneurship isn’t for everyone, but a few of these tips may help if you’re thinking of getting a business going. Tonya Lanthier, an Entrepreneurs’ Organization (EO) member from Atlanta, is the founder of DentalPost.net , a nationwide mobile job board for dental professionals with solutions and methods for better hiring. We asked Tonya about her experiences diving into entrepreneurship and what she has learned along the way.

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How To Use Relevancy To Accelerate The Sales Funnel

Entrepreneurs' Organization

Every day we go through it. We all receive the dreaded, unsolicited email. Most are automated, a copy and paste of previous messaging that often has little, if anything, to do with your company or personal needs. It’s volume versus relevancy. The salesperson figures if he/she sends the same terrible email to everyone, at least 3% of the market will want a demo.

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Five Charts on the State of the Early Stage SaaS Market in 2016

Tomasz Tunguz

As the overall venture market environment evolves in 2016, so too does the SaaS and Software segment. The number of Series A, B, C, and D investments in software companies stabilized at roughly 170 per quarter from mid-2013 through mid-2015, before falling 17% in Q4 2015 to a two year low. In Q1 2016, SaaS rounds increased a modest 10%. The SaaS fundraising has slowed in parallel to the rest of the market.

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Finding a New Medium

Both Sides of the Table

You may have noticed a new look at Both Sides of the Table today and that’s because I’ve migrated my blog to Medium.

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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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What’s Next for Toms, the $400 Million For-Profit Built on Karmic Capital

Entrepreneurs' Organization

When he founded Toms, Blake Mycoskie reinvented the idea of a company that does well while doing good. So what’s next for him? Doing that again. Blake Mycoskie is the most relaxed intense person you will ever meet. Two days after this year’s Academy Awards, Mycoskie sits in his world-bazaar-flavored office, one leg hooked over the arm of a chair, sipping sparkling water and munching almonds from Whole Foods.

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