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Nearly every entrepreneur has heard the refrain, "Get back to me when you have some traction,” while seeking funding. From an unsophisticated investor, this response might be a non-confrontational way of saying "No." However, when uttered by most Venture Capitalists (VCs) it conveys a desire to obtain validation of your venture's value proposition from dispassionate, objective third parties. In this context, your "value proposition" is defined as the utility you claim users will derive from your solution.
Via Cédric Giorgi
The language we use for startup stages (discovery, validation, customer creation, company building) is abstract. The lines are blurry. And if jumping ahead of yourself is the #1 cause of startup death[1], that’s a problem. So here’s another way of thinking about the stages of a startup in visual terms using the business model canvas[2]. It’s based around three questions.
Via ukituki
Apple continues to clean house after it stumbled badly with its mobile mapping service, firing a manager who oversaw it.
Via Arabella Santiago
The human brain processes visual information much faster and digests this type of content concurrently, whereas it takes more time to break text down. So, for many, it makes more than just sense to have your complex information delivered to your target audience in the most legible format...
Infographics make good use of brain’s ability to assimilate knowledge and information through the visual medium, making tough-to-crack-data appealing. Simply put, an infographic is a carefully composed collage of images, content, charts, stats, diagrams, animations & video to graphically represent information. Infographics are used by various quarters such as educational institutions, acadamecians, businesses, newspapers, and just anybody who are serious about putting across their point in the most simplest manner. Infographics take different forms- venn diagrams, charts, timelines, maps and more. They are not merely a design or an image or random data; their purpose should be seen from every angle. Visit the link to learn more about the process of creating infographics, how to implement online tools and resources, and best practices...
Via Lauren Moss
Guest Post Here are my three fundamental tips for B2B entrepreneurs, which are based on the lessons I have learned during my career.
Via Tom Denison
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Here is a look at some of the struggles that a successful small business owner faces.Get the latest blog articles on business ideas and trends from...
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Nick Mulder
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Got any nominees for the...
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Nick Mulder
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Outwitters has been a financial disaster. One Man Left has spent nearly a year and half working on the game, which cost over $300,000 to create.
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Nick Mulder
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Facebook marketing can provide huge advantage over your competitors. In some countries it is necessary for your business just to keep up with competitors.
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Nick Mulder
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Google spent nothing--Sergey Brin just opened up the free graphics app Gimp. Same with Coca-Cola--though John Pemberton’s bookkeeper drew the logo’s Spencerian script by hand. Nike famously gave just $35 to a design student.
In this new world of exploding data volumes, the ability to make sense of all this data and effectively communicate insights from it is a highly valued skillset. Communicating trustworthy insights includes choosing the appropriate data visualizations to tell a story or make a key point. That may seem trivial at first, but in fact, it is quite powerful. In some fields such as research, healthcare or military, the use of data and visualizations has specific guidelines since misinterpretations could impact human lives. Most of the time getting data visualizations right is not a life and death matter, but it is important. There are several highly-regarded thought leaders with excellent reading material on this topic, including Stephen Few and Edward Tufte. If you have not read any of their books and you are in an analytics/business intelligence profession, consider this a “must do” before you build another report or dashboard. In the meantime, read the article at the link for more details, a few of the most common mistakes and some best practices to keep in mind...
Via Lauren Moss
Just about every founder thinks her or his startup belongs on the front page, but few actually know how to make this happen. Here are some tips.
Via Didier Roggeri
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Mozilla has taken its first step into the VC world, investing in Everything.me to support the startup's efforts in creating HTML5 mobile app technology. Mozilla was one of several investors in a new $25 million round for Everything.me. The investment was led by the Silicon Valley-based venture team of Telefonica Digital, and it also includes funding from SingTel Innov8 and previous investors including Draper Fisher Jurvetson, DFJTF, BRM Group, and Horizons Ventures.
Via Todd Wostrel
http://lvhelpgro.net/first-pass-at-business-canvas-create-a-commun From: Alan Yoshioka Date: Wed, Nov 28, 2012 at 11:25 PM Subject: first pass at business canvass ... my vision is you will take this and create a community driven enterprise that will pull together all of the entities in your chain to produce a community driven and supported entity that can highlight and educate ... showcase some unique technologies and let the creative juices of the chefs take the local production along with the production from the vertical farm and create unique uses and ideas .... Best Regards, Alan www.UrbaForm.org
Via Rick Passo
"App developers have turned cellphones and tablets into powerful tools, spawning a multibillion-dollar industry but making huge sacrifices in the process."
The story of App developers goes mainstream with this NY Times article that describes well what the average App creators can expect. It's a story of entrepreneurship in a large scale: for one Instagram and a few lucky iShoots, there are hundred of thousands of Grimses, that couple which the NY Times interviewed who invested $200,000 to barely make $10k from their Apps over two years. Yet, as Stephanie Grimse puts it: “We either succeed and it’s awesome, or we fail and it was awesome while it lasted", summarizing the authentic spirit of entrepreneurs who enjoy the journey regardless of the destination.
Via gdecugis, Arabella Santiago
Great write-up on accelerators and how they help grow startups. What is your experience with accelerators?
Via Arabella Santiago
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Today, during one of our daily Skype chats, my (tech) co-founder and I reflected on what we dub “The Business-Tech ...
Getting your venture accepted into an accelerator can help immensely when it comes to getting venture capital, thanks to a rigorous screening process and...
Via Marylene Delbourg-Delphis
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Editing, Proofreading, and Revision, Revisedbyus, Revised by us, Maastricht, Translate, Translation, Vertalen, Content, Thesis Editing, Website, Tekstredactie, Proeflezen, Nederland, Duitsland, Duits, Engels, English.
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Makers: The New Industrial Revolution. By Chris Anderson. Crown Business; 257 pages; $26. Random House Business; £20. Buy from Amazon.com, Amazon.co.uk Heart,...
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Nick Mulder
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South Africa’s First National Bank (FNB) has won the Most Innovative Bank of the Year for 2012 at the BAI-Finacle Global Banking Innovation Awards held this week in Washington, USA, the bank’s chief Michael Jordaan announced yesterday on Twitter.
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By 2025, the developing world, as we understand it now, will be home to 29 megacities.
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Editing, Proofreading, and Revision, Revisedbyus, Revised by us, Maastricht, Translate, Translation, Vertalen, Content, Thesis Editing, Website, Tekstredactie, Proeflezen, Nederland, Duitsland, Duits, Engels, English.
Stodgy. Slow. Bureaucratic. Big companies get a bad rap when it comes to innovation.
Via Tom Denison
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