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Showing posts from December, 2018

How This Entrepreneur Bootstrapped His Startup From Zero To Over $100 Million In Revenue - Forbes

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Courtesy of Martin Rawls-Meehan Courtesy of Martin Rawls-Meehan We don’t seem to hear as much about lean startups these days. The main focus in the startup community seems to be all about raising enormous sums of capital and racing to an exit. That’s exciting, and can create a lot of value. Martin Rawls-Meehan has taken a different route to generating $100 million in revenue a year. He has proven that building a profitable company can still lead to becoming a sizable enterprise. One which can give you even more control over your startup and its ability to live out your vision. It was a great pleasure to interview Martin Rawls-Meehan on a recent episode of the DealMakers podcast. In our exclusive conversation he revealed some of his own startup bootstrapping hacks, hurdles you can face, and when it might be better to take that VC money, or not ( listen to the full episode here ). Performance Hacking with Sleep Technology Together with his co-founder Tony, Martin Rawls-Meehan’

Launching a Startup in Buttoned-up London - Entrepreneur

2019 looks to continue another lights-out year for fintech startups - TechCrunch

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Dana Stalder Contributor Dana Stalder is a general partner at Matrix Partners and invests in fintech, consumer marketplaces and enterprise software. More posts by this contributor Financial technology startups emerged as serious challengers to financial services in 2017 New rules for hiring executive candidates Allen Miller Contributor Allen Miller is a venture captialist at Matrix Partners . He's excited by bold entrepreneurs building great companies across categories, especially in fintech. More posts by this contributor Financial technology startups emerged as serious challengers to financial services in 2017 This time last year, the crypto bull market stole the spotlight. In the midst of bitcoin’s wild run, we  announced  the Matrix FinTech Index in recognition of the top 10 publicly traded U.S. fintechs quietly surpassing $100 billion in total market capitalization. We predicted that in 2018, the fintechs would prove to be the more relevant disruptors

Top founders and investors pick their startup of the year - Economic Times

Co-founder of startup company Painless1099 returns to Richmond - Richmond.com

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Why you know him: Ace Callwood is the co-founder of Painless1099, a startup created in 2015 that developed a website and a mobile app that enables independent contractors and people who work freelance jobs to manage their money, including automatically setting aside money for taxes. The company became one symbol of the Richmond area’s striving startup business scene as its founders bounced around the country to get capital, including accepting a spot in late 2015 in a business incubator in Buffalo, N.Y., that offered the company $500,000 to move there for at least a year. What’s new: After several years away, 2018 was the year in which Callwood and some of his colleagues in Painless1099 returned to Richmond. 2019 will be a year in which they work to continue building the business here. Since moving to Buffalo, the company’s founders and staff also have spent time in San Francisco, St. Louis and New York City, participating in startup programs and rounding up capital, pa

How To Form Partnerships With Larger Companies When You Run A Startup - Forbes

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Increasing visibility for your startup requires growth tactics and typically, a significant amount of time. While new companies are always looking for ways to grow quickly, in reality, it can take a significant amount of time before you see the fruits of your labor. But a quick way to grow your customer base is to tap into the reach that larger companies already have. ARTICLE CONTINUES AFTER ADVERTISEMENT Other companies in your industry don’t always have to be seen as solely your competition, they can also be allies in growing your business if you have a similar target market. I spoke with numerous entrepreneurs who have had success building their startup through partnerships with larger businesses and they shared the strategies that worked for them. Network, network, network - both online and offline. Preparation is key to maximizing the results you can get from networking. “Research brands and people before attending conferences and events, and put them into a Twitter list so y

Overijssel: Twente as start-up hotspot - Innovation Origins

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If there is one category of companies that are responsible for innovation in the Netherlands, it would have to be the start-ups. Innovation Origins is always looking for relevant innovations, therefore there is every reason to really capture the complete Dutch start-up ecosystem. Armed with the data sets of  StartupDelta , we visited all Dutch provinces. In 14 episodes, published between December 24, 2018, and January 7, 2019, we’re giving an overview of the start-up ecosystem in the Netherlands. The series has been made by the journalists of cooperation PitchProducties , commissioned by Innovation Origins. Today: Overijssel .  Read the other episodes of the series here (as far as already published). Overijssel currently has 217 start-ups, of which 168 are located in Twente. Twente turns out to be the start-up hotspot of Overijssel. Why do so many starting companies settle in ‘the far east’? Frank Bouwmeester of Startup Twente : “Entrepreneurship is in the DNA of the region. That wa

Startup Spotlight: The Giving Wall helps people help themselves - Richmond.com

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Opportunities to help people in need often come in the form of food or clothing or toy drives, or money-raising events such as auctions or charity runs for various philanthropies. Sometimes, though, the most effective form of giving can be providing one thing that people need the most to help them help themselves. That’s the idea behind The Giving Wall, a new not-for-profit venture developed by local businesswoman Becky Crump in partnership with the city of Richmond’s Office of Community Wealth Building. The Giving Wall is a website where caseworkers with the Office of Community Wealth Building can post stories about particular people they are working with who are at or below the poverty line. Known as “believers” on the website, these are people who are working to make progress in their own lives but don’t have the financial means to meet certain specific needs, such as auto repairs or new work clothes. Donors — known as “supporters” on the website — can go to the The

Co-founder of startup company Painless1099 returns to Richmond - Richmond.com

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Why you know him: Ace Callwood is the co-founder of Painless1099, a startup created in 2015 that developed a website and a mobile app that enables independent contractors and people who work freelance jobs to manage their money, including automatically setting aside money for taxes. The company became one symbol of the Richmond area’s striving startup business scene as its founders bounced around the country to get capital, including accepting a spot in late 2015 in a business incubator in Buffalo, N.Y., that offered the company $500,000 to move there for at least a year. What’s new: After several years away, 2018 was the year in which Callwood and some of his colleagues in Painless1099 returned to Richmond. 2019 will be a year in which they work to continue building the business here. Since moving to Buffalo, the company’s founders and staff also have spent time in San Francisco, St. Louis and New York City, participating in startup programs and rounding up capital, pa

News Roundup: 11 Indian Startup News Stories You Don’t Want To Miss This Week [24-29 Dec] - Inc42 Media

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We bring you the latest edition of News roundup for the week! In one of the biggest news this week, the new draft ecommerce policy may be introduced in the next few weeks. It will have a provision for a sector regulator and would help boost the sector, promote exports and ensure fair play. Here’s a look at the other important developments for the week. Important Indian Startup News Stories Of The Week FSSAI Nabs Food Ecommerce Companies Food Safety and Standards Authority of India (FSSAI) issued revised guidelines to step up scrutiny of ecommerce food companies saying that there can be no compromise on last-mile delivery and safety of food products. The new guidelines note that the food products offered for sale are liable to sampling at any point in the supply chain. Self Censorship To Stream For OTT Players This self-censorship code would stop players from showing content that’s banned by Indian courts, disrespect the national emblem and flag, outrages religious sentime

Ocean State Update: The Biggest Rhode Island Tech & Startup News From December - American Inno

[unable to retrieve full-text content] Ocean State Update: The Biggest Rhode Island Tech & Startup News From December    American Inno At the end of every month, we recap the biggest tech and startup happenings in Rhode Island. We have an archive of past roundups here. To get this info weekly ... http://bit.ly/2AmKRlg

The Long and the Short of Indian Startup Ecosystem - Entrepreneur

Why your startup shouldn’t rush to $1 million in revenue - TechCrunch

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Martina Lauchengco Contributor Martina spent over 20 years as a marketing and product executive building and crafting strategies for market-defining software like Microsoft Office and Netscape Navigator. As an operating partner at Costanoa Ventures , she sits on multiple boards and advises companies on all things go-to-market. She also teaches at the UC Berkeley graduate school of engineering. Jim Wilson Contributor Jim is a seasoned sales executive with over 25 years experience in diverse technology industries. As an operating partner at Costanoa Ventures , Jim provides companies with sales and market entry strategy advice. There is a prevailing belief that the magic formula for early-stage tech startups hinges on how quickly they achieve $1 million in annual recurring revenue (ARR). Investors in SaaS companies, in particular, are very guilty of pushing this or its equally loaded corollary, “When will you sign your first six-figure deal?” But in the rush toward these

Friesland: Hidden water province in start-up transition - Innovation Origins

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If there is one category of companies that are responsible for innovation in the Netherlands, it would have to be the start-ups. Innovation Origins is always looking for relevant innovations, therefore there is every reason to really capture the complete Dutch start-up ecosystem. Armed with the data sets of  StartupDelta , we visited all Dutch provinces. In 14 episodes, published between December 24, 2018, and January 7, 2019, we’re giving an overview of the start-up ecosystem in the Netherlands. The series has been made by the journalists of cooperation PitchProducties , commissioned by Innovation Origins. Today: Friesland.  Read the other episodes of the series here (as far as already published). Between the meadows and lakes in Friesland, there are some floating start-ups every now and then. Floating is the right word, because where should they go for wise advice or funding? A lack of clarity is what dominated in the start-up culture in Friesland and that had to change. “Frieslan

Utah Jazz win on Christmas Day; Crews tow 38 cars; Buying a home in Utah's winter; $100000 for great startup ideas - Deseret News

SALT LAKE CITY — Here’s a look at the news for Dec. 26. There are advantages to buying a home during the winter in Utah. Read more . A new report shows Utah has had plenty of “bling” from mining with double-digit jumps in the base and precious metals. Read more . A Provo-based art auction website is looking to give artists more control over the sales of their work. Read more . Crews towed 38 cars on Snowbasin’s naughty list from no-parking zone. Read more . The Utah Jazz capped off Christmas Day with a 21-point win over the Portland Trail Blazers. Read more . Eight high school and junior high students were arrested in confrontation, according to warrants. Read more . Homeless and low-income Utahns gathered for steak, pie and good cheer. Read more . Got a great business idea? There’s $100,000 up for grabs in University of Utah’s entrepreneur challenge. Read more . A look at our most-read stories: “Santa baby” is really about … marriage? The songwriter, a friend of Orrin

Six projects enter final round of national startup competition - http://bit.ly/1cGJmbd

Technology start-up company Joonko relocates to Birmingham - Bham Now

In brief: Construction software startup raises funding from Wavemaker, Seeds Capital - Tech in Asia

[unable to retrieve full-text content] In brief: Construction software startup raises funding from Wavemaker, Seeds Capital    Tech in Asia Novade automates the digitization of on-site paper-based processes in the construction industry. http://bit.ly/2ENUoVD

How Funding Rounds Work For Startups - Forbes

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Pixabay Pixabay The promise of big, easy and fast money to build business ideas has inspired countless entrepreneurs to throw their hats in the ring to try and get their share, and make their visions a reality. For some the game of raising capital to build businesses and achieve buzzworthy exits has become a business of its own. Of course, in reality it is a little more complex and demanding than that. So, how do funding rounds work? What is a Funding Round? Startups don’t just raise a lump sum of cash or get a startup business loan and then be set up for life. In fact, the number of times startups are going back to the market to raise more capital has been growing. Each of these raises is known as a ‘funding round’. Each round is designed to give entrepreneurs and their business babies enough capital to get to the next milestone or stage. This ‘runway’ between rounds can be as short as 12 months but some entrepreneurs push it to 6 months. At every round founders are looki

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