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

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Things I believe.

This is going to be BIG.

I believe in solvable problems, but that you can't make progress on them until everyone involved accepts responsibility for causing them. I believe that if you aim for compromise, you will be less successful than if you aim for creativity. I believe that if you treat people like you believe they can be better than they are, they will be. I believe that if you're not doing everything you can to get them there, they'll fail without you.

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Clearing the Air: What I’ve Learned from Mountaineering

Entrepreneurs' Organization

Standing atop the 14,200 “milk bottle” summit of Starlight Peak, we watched the sun continue the last hour of its descent over the mountains to the west. We knew we had at least eight hours of descent to base camp – most of which would now be done with headlamps in the black of a moonless night. Although we summited via a different route than we were to descend, I had gone this route a few years before.

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Valuation Part I: Peeling the Onion, or How Top Investors Value the Startups They Invest In

Gust

Early-stage technology company valuations are generally a crap-shoot. Bill Payne did a great post about this in October 2011. This post builds on top of his work, and attempts to shed additional light on the valuation process. New founders may think that startup valuations work like this: I figure out what the value of my existing company is I figure.

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The Question to Ask Before Starting a Company in 2016

Tomasz Tunguz

My father keeps a copy of Michael Porter’s Competitive Strategy on his bookshelf. An imposing dark gray tome, Competitive Strategy is a business classic. I remember reading it sometime in high school, and not understanding very much of it. It was only six years later in a college macroeconomics class, my professor helped me understand the value of the Five Forces.

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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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The Other Kind of Traction You Need to Get Funded

This is going to be BIG.

One of the earliest lessons a new VC learns is about building consensus within a firm. No matter what the voting structure is in your partnership, I think every VC can think of a deal that they got completely excited about, only to have the deal crash and burn when they showed it to the rest of their team. It can be one of the most confusing and frustrating things from the entrepreneur side.

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Why I’ve Shifted More Attention to Facebook

Both Sides of the Table

I’ve been spending a lot more time on Facebook as a blogger than I ever did. So I thought it was worth explaining why. And I’m going to cross post this entire post on Facebook as an experiment rather than just posting a link on FB and trying to drive people to my blog. If you want to follow me on Facebook I’m here. So if you’re reading this on Facebook (or on my blog!

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The New UI for SaaS - The Question

Tomasz Tunguz

Quick. Casual. Human. Chat differs from other forms of communication. Because of these three attributes, chat seems to be reemerging as a potentially disruptive user interface for both consumers and business users. The typical teenages emits more than 3000 text messages per month, not to mention messages on other networks. Most retailers provide customer support via chat.

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Email open rates: Your best marketing test

Berkonomics

No–one needs to tell you that mobile readers now outnumber desktop readers for your message. A recent Experian marketing survey revealed that 52% of all email opens are from mobile devices, and that 38% of all clicks are from mobile devices. Experian looked at three hundred brands and 21 billion emails – a few more than you or I have as a resource for our marketing intelligence.

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Jason’s 2016 Prediction: Converting Online Traffic to Increased Sales

Entrepreneurs' Organization

Jason Forrest, EO Fort Worth Member and CEO of Forrest Performance Group. Jason Forrest, CEO of Forrest Performance Group, predicts that in 2016, organizations will convert online and social media traffic to more website conversations, phone calls, direct engagement, and ultimately—increased sales. Companies that embrace this change will have a huge advantage over the competition.

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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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Switch strategies

Derek Sivers

Life is like any journey. You need to change directions a few times to get where you want to go. Early in your career, the best strategy is to say yes to everything. The more things you try, and the more people you meet, the better. Each one might lead to your lucky break. Then when something is extra-rewarding, it’s time to switch strategies. Focus all of your energy on this one thing.

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Chained Probabilities in Startup Business Models

Tomasz Tunguz

In 1983, Lorne Whitehead, a physicist from the University of British Columbia proved he could knock down the Empire State Building with 29 dominos. A domino can knock over an other domino one-and-a-half times its size. Whitehead’s theory concretely demonstrates the power of a chain reaction. Like a series of dominos, a startup’s success is a chain reaction.

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Now This is Just Amazing…75 Pounds!

Entrepreneurs' Organization

By Joe Apfelbaum, EO Brooklyn member, Ajax Union. When I joined EO, I was 75 pounds heavier than I am today. I remember sitting at a Warren Rustand event with a beer in my hand thinking to myself, why are all these successful entrepreneurs in shape, and I’m the only fatso in the room? The problem was that I was completely unaware that I was obese.

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How to Use Your Company Culture to Generate New Clients

Entrepreneurs' Organization

A positive and energetic culture around the office is not something you can, or should, fake. Tom Turner, an Entrepreneurs’ Organization (EO) member from Nashville, is the co-founder and steward of purpose of DSi , one of the nation’s leading providers of advanced electronic discovery and digital forensics services. We asked Tom how company culture can help businesses generate new clients.

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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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Systematize For Expansion

Entrepreneurs' Organization

Having trouble scaling and growing your business? Here’s how to systematize for expansion. Jason Swenk was 2 weeks away from shutting down his agency: “Because we didn’t have a clear vision of where we’re going. We didn’t know that ideal customer, what their biggest challenges were. We didn’t have the right things in place.

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#EOlooksforward: Jai Gupta Shares His Story

Entrepreneurs' Organization

By Jai Gupta, EO Indore, Vogmask. Jai shares how he turned his dangerous health situation into a million-dollar business. “I signed up for the Half Marathon at GLC in Athens and started training for the same on the streets of Delhi. One evening, I developed a wheeze. From there on out, I slipped downhill pretty quickly. My lung function dropped 45% within 2 weeks.

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