September, 2024

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Scaling and Growth Insights from EO Members on the 2024 Inc. 5000 List

Entrepreneurs' Organization

The Entrepreneurs’ Organization (EO) propels the world forward by empowering entrepreneurs with the community, tools, and support they need to unlock their full potential as they grow their businesses. With our commitment to driving transformational growth in our members’ lives, EO is proud to congratulate the 228 member-owned companies that earned a coveted spot on the 2024 Inc. 5000 list , which celebrates the fastest-growing privately owned companies in the United States based on three-

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Accelerating Climate Justice Through Solar Energy

Venture Well

Entrepreneurs whose innovations have been funded by the American-Made Solar Prize and the JEDI Contest and a mentor who worked closely with applicants share their insights into the competition and its benefits. The post Accelerating Climate Justice Through Solar Energy appeared first on VentureWell.

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INBIA - Untitled Article

INBIA

As Enterprise Support Organizations (ESOs), we are continually seeking ways to improve our services and offer better assistance to our food-based clients who wish to scale their businesses. The first step in this process is introspection. We will identify areas of improvement and strategize on how best to enhance our capabilities. What internally would we need to do as ESO's to better help ourselves and to better assist our clients with scaling?

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Keys to Effective Angel Group Management: Webinar

The Seraf Compass

Join Seraf for an insightful session where we will explore strategies and techniques to optimize the management of angel groups. Whether you are a seasoned angel investor or new to the world of angel investing, this webinar will provide valuable insights to help you enhance your group's efficiency and success. Don't miss this opportunity to learn from industry experts and take your angel group management skills to the next level.

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Provide Real Value in Your Applications with Data and Analytics

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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Lesson #363: Trying To Scale Your Startup? The Odds Are Not In Your Favor!

Red Rocket

My colleague and serial entrepreneur, Scot Wingo , of ChannelAdvisor, Spiffy and Triangle Tweener Fund fame, recently posted on LinkedIn, how hard it was to scale a business. He referenced data from a book by Verne Harnish, the founder of Entrepreneur’s Organization , called Scaling Up: How a Few Companies Make It. and Why the Rest Don’t. The core of the story was this graphic: What the graphic basically says is, of the 28,000,000 businesses in the United States, only 0.061% actually get larger

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6 Ways Executive Assistants Save You Time and Pay for Themselves

Entrepreneurs' Organization

If you are thinking of hiring an executive assistant, then you are probably acting as one yourself. That’s a clear sign that you need an EA. As the boss, your job is to focus on high-impact initiatives that drive value. To help accomplish that, you probably use a suite of productivity tools—and those well-optimized tools allow you to check off a few administrative items on that never-ending to-do list.

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Meet American-Made Solar Prize Finalist Monique Dyers of EmpowerSun Solutions

Venture Well

Monique Dyers, founder and CEO of EmpowerSun Solutions, shares her experiences with being a finalist for the American-Made Solar Prize Round 7. The post Meet American-Made Solar Prize Finalist Monique Dyers of EmpowerSun Solutions appeared first on VentureWell.

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“One Thing You Wish People Better Understood About Venture Capital” – Part I, featuring Andre Charoo, Bill Clerico, Ryan Hoover, Amy Saper, and Dan Teran.

Hunter Walk

I asked some investor friends to share, as the title suggests, one thing they wished people better understood about venture capital. There were no ground rules other than to specify that ‘people’ could be founders, politicians, LPs, etc and that it would be default attributed but anonymous if they desired. Here are the first batch of responses (with some of my reactions).

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Behind the Scenes of Angel Investing: Engaging Group Members

The Seraf Compass

In this article, we'll explore the importance of effective angel group management and how it plays a crucial role in creating a supportive and productive environment for all members.

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Your Fractional Finance and Accounting Team

Mighty Financial specializes in supporting the financial aspirations of small businesses and entrepreneurs. With our comprehensive bookkeeping and precise accounting expertise with decades of experience across diverse financial roles, our team offers tailor-made services ranging from essential bookkeeping to strategic fractional CFO support, catered specifically to the unique challenges of technology companies, startups, and SMEs.

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Interview with Jamie Frew, CEO, Carepatron

Startup Blogpost

Jamie, can you tell us a bit about yourself and your journey to becoming a leader in the startup world? Absolutely! My journey in startups began with a background in Industrial Relations, Organizational Psychology, and Human Resource Management. I gained valuable experience in talent management and leadership at global companies like ANZ and Telstra.

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Rotunda Capital Partners Strategically Invests in Family-owned Mama Lycha

American Entrepreneurship

Private-equity firm has a track record of accelerating the growth of family-owned businesses. Private equity firm Rotunda Capital Partners focuses on transforming family-founder-owned companies into data-driven platforms that lead to accelerated growth. The firm’s latest investment into family-owned Mama Lycha, the leading provider of branded Latin American foods, was announced this week.

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Is it Your Intuition or Your Next Million-Dollar Mistake?

Entrepreneurs' Organization

Fail Fast, Sunk Cost: Two Sides of One Costly Coin In a recent article, I discussed the problem with “ Failing Fast ” — essentially, relying on your gut to make decisions without data. A reader pointed out that avoiding Failing Fast could lead to another costly issue—namely, the Sunk Cost Fallacy (SCF), where companies double down on bad investments rather than cut their losses, potentially wasting millions.

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HAII’s Cognitive Function Evaluation and Personalized Improvement Service ‘Alzguard-T’ Selected as an Innovative Product by the Public Procurement Service

AsiaTechDaily

Digital therapeutics company HAII (CEO Jinwoo Kim) announced on the 20th of last month that its cognitive function evaluation and personalized improvement service, ‘Alzguard-T,’ was officially selected as an innovative […]

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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 New Software GTM Playbook

Tomasz Tunguz

The first version of the SaaS GTM playbook was written twenty years ago. Salesforce championed it. Mark Roberge published The Sales Acceleration Formula about Hubspot’s journey. Over the next two decades, we analyzed, quantified, instrumented, & optimized many aspects of the SaaS GTM. Account executive to SDR ratios, sales cycle lengths, conversion rates, customer acquisition costs, customer lifetime values, net dollar retention.

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“One Thing You Wish People Better Understood About Venture Capital” – Part II, featuring Victor Echevarria, Chris Neumann, Micah Rosenbloom, Alex von Tobel and Roseanne Wincek.

Hunter Walk

I asked some investor friends to share, as the title suggests, one thing they wished people better understood about venture capital. There were no ground rules other than to specify that ‘people’ could be founders, politicians, LPs, etc and that it would be default attributed but anonymous if they desired. Reporting out in batches of five. Here’s Part II: While the venture and tech community is incredibly collaborative, VC is an inherently lonely role.

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Essential Tasks for Managing a Successful Coworking Space

Deskmag

In the dynamic world of coworking spaces, effective management is crucial to creating a thriving and productive environment for diverse members. This article outlines some best practices for space operators.

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The CO-100, U.S. Chamber of Commerce’s Top 100 Small Businesses Announced

American Entrepreneurship

100 small businesses will be recognized at the U.S. Chambers’ upcoming Small Business Forum The U.S. Chamber of Commerce has advocated in Washington pro-business policies for over 100 years. They aim to help businesses create jobs and grow the U.S. economy. With that in view, the Chamber and its digital platform CO— announced their selection of the top 100 American small businesses.

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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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5 Approaches To Total Quality Management

The Groove Blog

If you’re operating a small business, you’re always thinking about how to make your product or service as good as it can be. And you’re putting the best of those ideas into action. But are those changes having a tangible impact on customer satisfaction? Are there other areas where your resources would be better spent? […] The post 5 Approaches To Total Quality Management appeared first on Groove Blog.

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BillEase Secures Series C Funding Led by TPG’s The Rise Fund to Accelerate Financial Inclusion in the Philippines

AsiaTechDaily

BillEase, a digital consumer finance platform based in Manila, Philippines, has announced the completion of its Series C funding round.

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Five common legal mistakes startup founders make

NZ Entrepreneur

Launching a startup is exciting, particularly given New Zealand’s thriving and innovative startup ecosystem. However, the journey can be a steep learning curve and present numerous challenges, especially for first-time founders. This article explores five of the most common mistakes startup founders make and how you can steer clear of them. 1. Choosing the Wrong Structure When launching your startup, one of the first decisions founders must make is determining an appropriate business structure.

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The Real Problem with Diversity in Coworking and Flex Real Estate: It’s Not the Events, It’s Who’s Doing the Hiring

GCUC

The Real Problem with Diversity in Coworking and Flex Real Estate: It’s Not the Events, It’s Who’s Doing the Hiring Diversity and inclusion have become buzzwords in the coworking, flex space, and broader real estate industries. We see countless events, panels, and initiatives aimed.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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[VidMob in Amazon] How Vidmob is using generative AI to transform its creative data landscape

OurCrowd

In this post, we illustrate how Vidmob, a creative data company, worked with the AWS Generative AI Innovation Center (GenAIIC) team to uncover meaningful insights at scale within creative data using Amazon Bedrock. Read more here.

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A Visionary’s Path: Daniel Yaron on Leading Gliding Deer Through Adversity and Innovation

Jason Malki

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[VIDEO] Why Entrepreneurs Need to Keep It Simple Stupid

Red Rocket

I was recently interviewed by ASBN , an online "television network" serving the small business community, about how entrepreneurs need to follow the K.I.S.S (Keep It Simple Stupid) method in approaching their business. As you will learn, if entrepreneurs want to increase their odds of success, staying religiously focused on one thing, is a lot more effective than chasing multiple "flavor of the month" tangents down rabbit holes.

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Drip Capital Secures $113 Million Funding Round Led by Japanese Investors and IFC

AsiaTechDaily

Drip Capital, a U.S.-based digital trade finance platform, has raised $113 million in its latest funding round.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l