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Understanding How The Innovator’s Dilemma Affects You

Both Sides of the Table

One of the most influential books of my career is The Innovator’s Dilemma by Clay Christensen. Many people bandy about the definitions of “disruptive technology&# or “the innovator’s dilemma&# without ever having read the book and almost universally misunderstand the concepts. The incumbents curse.

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The business model of the future

Entrepreneurs' Organization

Read on to learn why Joachimsthaler believes this framework encourages innovation more than any other business model. It has become an essential way to pay—whether you’re purchasing a water bottle at the kiosk around the corner or financing your wedding plans. Everyone benefits with shared value creation.

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Eight accounting tips every Kiwi startup needs to know

NZ Entrepreneur

A separate business bank account draws a clear distinction between your personal and business finances. A budget, on the other hand, provides a financial framework for the startup’s operations. Callaghan Innovation has a number of grants for Kiwi startup businesses.

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Zero-based budgeting: A proven framework for extending runway

TechCrunch

As part of the finance consulting team at Kruze , I’ve worked with many startups that needed to extend their runways and realign their spending — many of them drastically. The best founders look for a framework to strategically cut burn while keeping their startup’s value drivers functioning. Flexibility.

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New Year, New Entrepreneurs: Five tips for supporting early-stage entrepreneurs ?

Source Link

Your local Small Business Development Center (SBDC), which can provide assistance with business planning, access to financing, counseling services and classes. University entrepreneurship and innovation centers that partner with the community to provide tools, facilities and education to local business owners.

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5 Steps to prepare your business for a cashless future

Entrepreneurs' Organization

With the advent of technological innovations, including dedicated servers and cloud hosting, businesses of all shapes and sizes are shifting to a more digital way of working. You can adopt that framework to encourage cashless payments, too. Create a more secure framework for payments.

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Urban Innovation Fund, VMG Catalyst among female-led firms raising new funds

TechCrunch

Two firms stuck out in recent days, including Urban Innovation Fund , which closed with commitments of $101 million for its Fund III and $20 million Opportunity Fund, and VMG Catalyst ‘s $400 million Fund II. Both firms are led by women, Clara Brenner and Julie Lein at Urban Innovation Fund, and Brooke Kiley over at VMG.