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Startup Tips From Serial Entrepreneur Loic Le Meur For those who follow emerging technology, serial entrepreneur Loic Le Meur is a household name. In 1999, he sold his first technology company, RapidSite, to France Telecom. Following a successful exit, he jumped back in with Tekora in 2000. In 2003, he purchased Ublog, a French blog hosting company and merged it with Six Apart in 2004. He started Le Web, a conference that he says "brings Silicon Valley to Europe." "Sometimes you try to be successful at one thing, and [you] focus on that, and then success happens somewhere else," Loic says. Loic's most recent venture is Seesmic, which he started in 2007 after moving to San Francisco.
visual insights for social media What’s the use of these aesthetic visualizations? Visualisations are not only about beauty. One third of our brain is used for visual interpretation. Why do we use data visualization instead of statistics? Data visualization provides you with more immediate insights than abstract statistics because visual patterns allow a more intuitive comprehension. Do you offer key Indicators? No. How can I interprete the visual patterns I see? What you see is your own very individual social media environment. What’s the main use of visalyze? The multiple functions of visalyze can be used in a very individual way. Do you sell my data? No. Is visalyze a keyword-based monitoring tool for social media? The answer is No, because the result of keyword-based social media monitoring is a set of complicated configurations and meaning less statistics that offer no comparable values. Is visalyze a social media management tool? visalyze is no conventional content overkill social media management tool. Not for now.
The Shakespearean Guide to Entrepreneurship Photo by JustABoy Everyone knows Shakespeare is the greatest writer in the English language. But did you know he was also a highly successful entrepreneur? Like Dick Whittington, the young Shakespeare left his rural home town to seek his fortune in London. In the course of his career in the great city, Shakespeare became a shareholder in an acting troupe called the Lord Chamberlain’s Men, who beat off fierce competition to become the most famous and successful theatre company in the land. This story doesn’t quite fit the Romantic image of the starving artist or the poet wandering lonely as a cloud – but Shakespeare lived 200 years before Romanticism, so perhaps we can forgive him. In fact, if you ask me, entrepreneurship was not only compatible with Shakespeare’s art, it made him a better writer. The Problem with Working for Hire Do you recognise these lines? Don’t worry if they don’t ring a bell for you – you’re in the majority. But in Shakespeare’s day the poem was a bestseller. 1. 2. 3.
Big Machines - About On November 15th, 2013, Oracle completed the acquisition of BigMachines. BigMachines' CPQ Cloud accelerates the conversion of sales opportunities into revenue by automating the sales order process with guided selling, dynamic pricing, and an easy-to-use workflow approval process, accessible anywhere, on any device. More than 275 organizations of all sizes across a wide range of industries rely on BigMachines' CPQ Cloud to streamline their sales processes. Companies that use sales automation technology rely on manual, cumbersome and disconnected processes to convert opportunities into orders. In combination with Oracle's enterprise-grade cloud solutions, including Marketing, Sales, Social, Commerce and Service Clouds, Oracle and BigMachines will create an end-to-end smarter selling cloud solution so sales personnel are more productive, customers are more satisfied, and companies grow revenue faster. Learn more about Oracle and BigMachines
This Is Your Brain On Boarding: How To Turn Visitors Into Users Editor’s Note: Nir Eyal is a Lecturer in Marketing at the Stanford Graduate School of Business. He is the founder of two startups and blogs about the intersection of psychology, technology, and business at NirAndFar.com. Follow him on Twitter @nireyal. Before you can change the world, before your company can IPO, before getting millions of loyal users to wonder how they ever lived without your service, people need to on-board. Building the on-ramp to using your product is critical in every industry, but few more so than in the ADD world of web and mobile apps. Distractions are everywhere, vying for user mindshare and threatening to pull them off the road to using your products like the donut shops and strip clubs at a trucker’s rest stop. However, done correctly, the on-boarding process can be the first step in creating strong user habits. Pulling the Trigger The first step is bringing users in. Instagram does a particularly good job of inception during their on-boarding. Gimme The Reward
Your 'Investment Proposal' Marketing Campaign "You mean, I have to market this?" Spreading the word is essential. You may have the best investment proposal in the world, but if no one knows about it, it will remain a secret. Setting up a marketing campaign, offline and online is a must. The better you are prepared , the more respect, interest and success you will have in your funding attempts. Do not dismiss these steps. Let's quickly run over some of the steps to take for preparing offline marketing: Using the power of the 'net' EmailsInclude your message in your signature, briefly: add a website URL, a short message or a link to more information, just enough to catch the attention. Social MediaUse your social media, do not dismiss them, any piece of information can be networked through the social media, and may find its way online in ways that you have not planned or foreseen. Next: Action plan online. GET YOUR FREE BUSINESS PLAN TEMPLATE here or Go all the way with the Ultimate Business Plan Template, do it in 8 hrs or less! Action plan for social media Youtube
Stowe Boyd I am downplaying ‘futures’ in favor of design thinking these days, but the old-school futurists still have a great deal to offer, like Bob Johansen: Four Practical Ways for Leaders to Make the Future by Deepa Mehta via Institute For The FutureBob Johansen recently published the second edition of Leaders Make the Future. In the book, Bob presents an expansive ten-year forecast about the key future forces that will impact our world in the decade ahead, pointing to the shift towards the global well-being economy, the growing impact of digital natives, and the emergence of cloud-served supercomputing. Bob reminds us that we live in an increasingly VUCA world, characterized by Volatility, Uncertainty, Complexity, and Ambiguity, and that the VUCA World presents both danger and opportunity. Leaders who make the future will make sense of the VUCA world and transform Volatility into Vision, Uncertainty into Understanding, Complexity into Clarity, and Ambiguity into Agility.
Sample funding documents for Ontario entrepreneurs |Entrepreneur MaRS Discovery District has developed a set of templates of funding documents for use by Ontario entrepreneurs under Canadian law out of the need for standard legal documents for start-ups. While these documents may simplify the process of seeking funding, MaRS strongly encourages start-ups to seek legal counsel. Context for developing sample funding templates Angels and micro-venture capital firms play an increasingly important role in the funding landscape for many early-stage technology entrepreneurs, particularly those in the web and mobile-application sectors. The startup community in the US responded to this same trend by rallying around a series of “standard”, “open-source”, “vanilla-preferred” investment documents. All of these organizations had the goal of simplifying the fundraising process for investors and for start-ups: NONE sought to replace the need for strong legal advice being given to the respective parties. MaRS’ sample funding templates for entrepreneurs and investors
How to Recognize Disruptive Opportunities inShare112 On this edition of Revolution, I’m joined by venture capitalist Mark Suster (@msuster). Together, we explore the state of innovation and the differences between emerging and disruptive technology and its impact on business and culture. Whether you’re a business strategist, an entrepreneur, or an investor, innovation is part of your livelihood. Moving at the pace of real-time isn’t fast enough any more. Suster is a 2x entrepreneur who has “gone to the Dark Side” of venture capital. Angel term sheets |Entrepreneur As a startup in need of funds, you are likely keen to bring interested angel investors on board. But before you sign an early-stage, seed or angel term sheet, make sure that you understand, from a legal perspective, the basics of dissecting the key provisions. Investors term sheet or letter of intent A term sheet, or letter of intent, is a statement of the proposed terms and conditions in connection with a proposed investment. Angel vs. venture capital term sheet At times, you may find little difference between an angel or seed investor term sheet and a venture capital term sheet. This can be a mixed blessing. Without a default transaction style, startups and angels sometime spin their wheels in negotiations. Key provisions in an angel term sheet Startup founders should consider the following five key provisions of an angel term sheet: Investment structure Angel investment structures vary, but angels generally invest in one of three types of securities: Common and preferred shares
It Takes Guts To Start A Company--So How Do You Get 'Em? It takes guts to act, accept a risk, and to try something new. If the world were full of passionate and purposeful people with brilliant minds, but no guts to act, there would be no progress. The guts trait can be subdivided in several different ways. One is the divide between risk takers and risk tolerators. Risk takers derive excitement and engagement from being in a situation laden with meaningful uncertainty. Many of the entrepreneurs we have spoken to refer to the dramatic emotional shifts of their "high-amplitude" lives (they love it that way, too). Risk tolerators do not necessarily seek risk, yet willingly pursue their goals by understanding and accepting and managing the risks inherent in a given decision. What makes for a gutsy person? The willingness to take risks is born of a combination of elements. External factors aside, some individuals are quite simply more risk-hungry than others. Risk tolerance is not an immutable quality. Business-building is a journey.