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Grocery Outlet open newest store in Dayton, 33 new jobs created - Carson Now

Grocery Outlet open newest store in Dayton, 33 new jobs created - Carson NowGrocery Outlet open newest store in Dayton, 33 new jobs created - Carson NowPosted: 04 Jun 2020 05:10 PM PDT Grocery Outlet press release Grocery Outlet Bargain Market, extreme-value grocery retailer, opened its newest location Thursday at 7 Dayton Village Parkway in Dayton, Nev., creating 33 new jobs in the community and providing big savings on name brand, high quality merchandise.Grocery Outlet stores are independently operated by local families who are committed to supporting their communities. "We are overjoyed to be a part of the Dayton community and be able to provide big savings on quality groceries," said IOs Daniel and Kathleen Knight in a news release. "This partnership with Grocery Outlet gives us the ability to grow our business, create new jobs and more importantly, give back to our local community."Grocery Outlet offers the same trusted brands as traditional grocery stores, but…

Startup Manager Software Market Size by Top Key Players, Growth Opportunities, Incremental Revenue , Outlook and Forecasts to 2026 - Latest Herald

Startup Manager Software Market Size by Top Key Players, Growth Opportunities, Incremental Revenue , Outlook and Forecasts to 2026 - Latest Herald

Startup Manager Software Market Size by Top Key Players, Growth Opportunities, Incremental Revenue , Outlook and Forecasts to 2026 - Latest Herald

Posted: 03 May 2020 10:44 PM PDT


Global Startup Manager Software Market: Competitive Landscape

This section of the report lists various major manufacturers in the market. The competitive analysis helps the reader understand the strategies and collaborations that players focus on in order to survive in the market. The reader can identify the player's fingerprints by knowing the company's total sales, the company's total price, and its production by company over the 2020-2026 forecast period.

Global Startup Manager Software Market: Regional Analysis

The report provides a thorough assessment of the growth and other aspects of the Startup Manager Software market in key regions, including the United States, Canada, Italy, Russia, China, Japan, Germany, and the United Kingdom – United Kingdom, South Korea, France, Taiwan, Southeast Asia, Mexico, India and Brazil, etc. The main regions covered by the report are North America, Europe, the Asia-Pacific region and Latin America.

The Startup Manager Software market report was prepared after various factors determining regional growth, such as the economic, environmental, technological, social and political status of the region concerned, were observed and examined. The analysts examined sales, production, and manufacturer data for each region. This section analyzes sales and volume by region for the forecast period from 2020 to 2026. These analyzes help the reader understand the potential value of investments in a particular country / region.

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Key Benefits for Stakeholders:

– The report provides an in-depth analysis of the size of the Startup Manager Software world market, as well as recent trends and future estimates, in order to clarify the upcoming investment pockets.

– The report provides data on key growth drivers, constraints and opportunities, as well as their impact assessment on the size of the Startup Manager Software market.

– Porter's 5 Strength Rating shows how effective buyers and suppliers are in the industry.

– The quantitative analysis of the Startup Manager Software world industry from 2020 to 2026 is provided to determine the potential of the Startup Manager Software market.

This Startup Manager Software Market Report Answers To Your Following Questions:

– Who are the main global players in this Startup Manager Software market? What is the profile of your company, its product information, its contact details?

– What was the status of the global market? What was the capacity, the production value, the cost and the profit of the market?

– What are the forecasts of the global industry taking into account the capacity, the production and the value of production? How high is the cost and profit estimate? What will be the market share, supply, and consumption? What about imports and export?

– What is market chain analysis by upstream raw materials and downstream industry?

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Tags: Startup Manager Software Market Size, Startup Manager Software Market Trends, Startup Manager Software Market Growth, Startup Manager Software Market Forecast, Startup Manager Software Market Analysis

Lincoln startup's fall-protection system adapted for COVID-19 care - Lincoln Journal Star

Posted: 04 May 2020 04:00 PM PDT


Ocuvera cameras allow Bryan West Campus staff to see COVID-19 patients in isolation rooms so they don't have to enter as often.

A Lincoln startup has altered and improved its fall-protection system so it can be used to help hospitals care for COVID-19 patients.

Ocuvera, which was founded by Lincoln tech guru and venture investor Steve Kiene, developed a video system  a few years ago that uses a predictive algorithm to prevent patient falls.

The product, which Bryan Health uses, is still being used to watch COVID-19 patients to reduce the possibility that they will get out of bed and fall, but it's also being used in another way.

Bryan has turned an area of its Bryan West Campus hospital into an isolation unit for COVID-19 patients, including intensive-care beds for very sick patients.

Microsoft to the rescue for Lincoln company working to prevent patient falls

One drawback of the unit is that the rooms don't have windows, meaning nurses and other healthcare professionals can't see the patients unless they physically enter the room, said Jonathon Reimer, nurse manager of the isolation unit. And the doors to the rooms must remain closed at all times, he said.

The video camera on the Ocuvera unit allows nurses to see the patients, so they only enter the rooms when absolutely necessary. That's important, because it cuts down on in-room visits, which helps to preserve personal protective equipment such as gloves, masks and gowns, Reimer said.

"That is a unique way that we haven't used the camera in the past," he said.

Ocuvera also added a two-way audio communication and voice activation capability to its system to allow health-care workers to talk to patients without having to enter rooms.

Bryan officials: Lincoln may be starting to see COVID-19 surge

Unfortunately, Bryan hasn't been able to use that feature yet, Reimer said. He said the hospital was working with Ocuvera to get it set up, but when the coronavirus pandemic hit, Bryan stopped allowing outside consultants to come in.

Ocuvera said in a news release that it's working with its customers to come up with other possible product adaptations it can make to help in the fight against COVID-19.

"Health care workers need every tool available in the war on this terrible virus," Kiene said in the news release.

Bryan treating COVID-19 patients with convalescent plasma
Bryan can now process COVID-19 tests in its own lab

Latest updates on coronavirus in Lincoln and nearby

See the latest news as more coronavirus cases are identified in Nebraska.

Utah doctors question accuracy of coronavirus tests provided by Test Nebraska partners

An email from an infectious disease specialist in Utah has drawn scrutiny to the accuracy of coronavirus tests provided by a private company c…

Church leaders expect smaller numbers at worship services

During his news conference, Gov. Ricketts fielded a suddenly rare question about property taxes. "Those were the good old days. I'd love to be arguing about property taxes now."

Arnold Zimmerman's family had his obituary written. 

669 Tyson workers at Dakota City plant test positive for COVID-19, source says

The 669 workers with the virus represent over 15% of the Dakota City plant's workforce. 

Majority of coronavirus deaths in Nebraska have come from long-term care patients

At least 48 of those who have died in Nebraska thus far because of the coronavirus were residents of long-term care facilities.

Margaret Reist: On remote learning and grades and managing education in a pandemic
editor's pick alert

Have questions about remote learning? We've got answers:

The operation will be staffed 24 hours a day, continuously running tests to ensure a 48-hour result turnaround.

College students to soon see COVID-19 relief, but how much will vary
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Just what chunk of the $33.6 million in direct assistance Nebraska students are eligible for depends on where they attend and other factors.

Immigrant who worked at Tyson's Dakota City plant for 37 years succumbs to COVID-19

Viengxay Khuninh, a worker at a Tyson plant in Dakota City, developed a cough, then a fever, last month. Less than a week later, he was dead.

Air National Guard member spends several weeks working in New York City hospital, goes home with COVID-19.

Ramadan, an important month in the Islamic calendar wherein Muslims fast from sun-up to sun-down, is commencing during an uncertain time due to social distancing measures. While the usual traditions that come with this month are currently not an option, Muslims in Lincoln are finding unique opportunities to connect with their faith.

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"The stories that came from those families, you could hear the common themes — I'm frightened, my hours were reduced, I've never been in this situation before," said Foundation for LPS President Wendy Van DeLaCastro.

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So why did one customer come to Gateway Friday? "Sick of sitting at home. Wanted to get a new pair of kicks. My wife's at work. I've got nothing to do."

The project, which aims to have Nebraskans copy all 1,189 Bible chapters to be assembled into a book, began this week.

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The cars came in bunches, mini-parades of the people in Jerome Blowers' life: the teachers and students, the neighbors and longtime friends ho…

Administrators with St. Elizabeth and Nebraska Heart recognized workers with yard signs at the homes of more than 1,500 in Lincoln and beyond.

Restrictions in Lincoln to be scaled back beginning May 11

The looser restrictions will include the reopening of barbershops and salons -- provided staff and patrons use masks -- and allowing restaurants to serve dine-in customers at 50% of capacity.

Antonio Vargas, 72, who lives in Long Island, New York, had been in a hospital there in intensive care and on a ventilator for the past month. 

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Looking for a creative way to fill their time, Lincoln brothers Laz and Daniel Hundley decided to put some of their family's completed puzzles…

Mom in quarantine finds creative way to celebrate son's birthday. 

Smithfield reverses course, 50 workers walk off the job; 'They're scared,' says union rep

Smithfield Foods has reversed course and will not close down its pork-processing plant in Crete because of an outbreak of COVID-19 there.

She wants people to realize how serious the disease is: "I don't want anyone to go through what my family did or experience the heartache that other families have."

The Sioux City metropolitan area — including Dakota County in Nebraska, tucked on the bluffs of the Missouri River — has the fastest growth of…

By the close of business Tuesday, Nebraska is scheduled to have in hand an additional 30,000 coronavirus test kits and four machines capable o…

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How the 1918 influenza pandemic and the 2020 coronavirus pandemic are similar — and different.

Nader Farahbod, the owner of Billy's Restaurant, says he's happy to have Omaha lead the way forward. "We can see how the curve works, but eventually we all have to come out of this," Farahbod said.

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Journal Star photographers have captured life in the city for the past month with some activities going on as usual but many sights out of the norm.

Have you been out cruising on O Street on Friday and Saturday nights?

Churches exploring social distancing solutions as state moves toward relaxing restrictions

Promoting extra space between parishioners in church pews and holding more Sunday Masses could keep large crowds from becoming a public health…

breaking topical top story

The plan to open classrooms acknowledges the possibility that class sizes may need to be reduced or adjustments may be required to class schedules in order to accommodate social distancing recommendations.

At least three teens were ticketed at Wagon Train Lake.

Midway to stay dark this year as Lancaster County Super Fair focuses on youth exhibitors
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The Lancaster County Agricultural Society voted this week to focus efforts on the 800 youth exhibitors who annually bring 5,000 entries to the fair.

It's unclear when restaurant and other restrictions will be lifted in Lancaster County. The current directed health measure covering the Lincoln area runs through May 6.

Ricketts says meatpacking plants need to stay open

In the latest state figures, Hall, Dawson and Dakota counties -- all home to packing plants -- accounted for half of the state's 2,124 confirmed coronavirus cases.

What she called a party was more of a parade Thursday, as Imogene Hostetler was wheeled from the sixth floor of CHI St. Elizabeth to the front…

"They're all at risk of you not seeing them when you come in for shift change the next day, because they could have died."

Lincoln traffic last week 37% lower than average; county coronavirus cases at 97

Lincoln's traffic decreases have grown steadily larger since mid-March, but this week's drop is the most significant.

Gov. Pete Ricketts said Wednesday the state stands prepared to launch accelerated testing with the purchase of 540,000 tests.

Bryan Health said Wednesday that it has started treating COVID-19 patients with blood plasma from people who have recovered from the disease.

Dozens of City Mission clients are now sleeping at the Kinetic Sports Complex in Lincoln

Staff from the mission are on site each night as the residents seek shelter from 7 p.m to 7 a.m. The facility will be used for residents of the mission until May 29.

Lost your job or hours cut back? Long wait for many Nebraskans for government help

Nebraska has gotten two years' worth of unemployment filings in four weeks, which means many people are waiting a month or more for benefits.

While protecting the hospital system, the governor said, he recognizes that elective surgery is "an important source of revenue for hospitals (to) be able to stay in business."

"I've talked to my colleagues, and we agree that if we're looking at two patients and their families, we don't want to have to make a decision as to who gets the ventilator," said UNMC Dr. Keely Buesing.

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Parents learning to juggle working from home, child-rearing, finances and teacher duties.

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For two weeks, Lincoln Public Schools teachers have been delivering lessons remotely using Google Classroom, Zoom, email, the district's online grading system, public access and local cable TV and a host of education apps.

For Nebraska rural hospitals, virus isn't the only threat

Many rural hospitals have seen a low number of cases, but they still have faced a significant threat from the virus. 

Private colleges remain stable for now, but say fall enrollment is uncertain

Administrators across the area are wondering if students will return to the dorms and academic buildings when the transmission of COVID-19 subsides. And, if not, what that could mean for the future of their institutions.

Fans weren't the only ones missing out on an annual rite of passage because of the coronavirus pandemic. The game's cancellation marked arguably the biggest hit yet for local businesses.

Nebraska unemployment rate sees largest increase on record

It was the largest monthly increase in Nebraska's unemployment rate in records that date back to 1976 and also the highest unemployment rate in the state since 2011.

Doctors in Omaha invented a patient mask to protect healthcare workers in the operating and recovery rooms.

CHI Health moving patients, ventilators to help Grand Island area

Five patients have been transferred from CHI Health St. Francis in Grand Island to Omaha-area hospitals within the past 36 hours.

Lincoln-based travel business gets back to work thanks to Paycheck Protection Program loan

Executive Travel held a "grand reopening" and virtual ribbon cutting to celebrate employees returning to work.

City Hall: Lancaster County's coronavirus response includes planning for morbid possibility

A 53-foot refrigerated trailer would serve as a backup to Lancaster County Emergency Management's portable morgue should the coronavirus cause a surge in deaths. 

Gov. Pete Ricketts said he remains focused on keeping Nebraskans safe and preventing the state's health care system from being overrun because…

Lincoln teacher forgoes maternity leave during pandemic
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"It just seemed like a terrible idea ... to say here's this stranger," said the Lincoln High School teacher about having a substitute take her place.

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From Christmas lights in Minden to a COVID-19 test relay by the State Patrol, many people have stepped up to spread cheer and kindness in Linc…

Health director: Lincoln residents' actions have likely held down coronavirus cases

Mayor Leirion Gaylor Baird said while the city has relatively few positive cases compared to others based on population, health officials do expect to see more cases in the coming days.

Report: Nebraska lost $63 million in March because of COVID-19

Nebraska lost more than 6,400 jobs in March, $17.2 million in wages and $2.2 million in self-employment income, the report estimates.

Nebraska gets $378K per coronavirus patient in federal grants vs. New York's $12K, analysis shows

A study by Kaiser Health News resulted in this headline in the Daily Beast that stirred internet traffic: "Nebraska getting $300G in federal money for each coronavirus case while NY gets $12G."

With testing backlog resolved, Bryan Health to expand drive-thru site in south Lincoln

Bryan Health officials said Monday that they are getting COVID-19 test results back much faster than they were a couple of weeks ago.

According to figures from the Realtors Association of Lincoln, home sales appear to have slowed down over the past couple of weeks.

Daughter of Adams retirement facility resident with COVID-19: They aren't just numbers
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"It was shocking. It gives you that oh-my-God feeling," said the daughter of a man at an Adams retirement home diagnosed with COVID-19. "A lot of people think this is a joke. They don't understand the impact it is having on people."

From the editor: Life, death and the story of a lifetime
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COVID-19 has touched everyone's life, and news has become, in some sense, a matter of life and death.

Director details what Nebraska prisons are doing to avoid COVID-19 spread

Nebraska prisons director Scott Frakes said the Department of Correctional Services has had a pandemic plan for years.

Lincoln hospitals spell out treatment of COVID-19 patients
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As of Friday, Bryan had five patients in its hospitals with confirmed cases of COVID-19 and 13 patients with suspected cases who are awaiting test results.

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"I thought it was a great message," said Paige Duncan, adding that she thinks it's one that connects with a lot of people right now.

Lincoln area law enforcement seeing continued jump in mental health calls

Police and sheriff's deputies in the Lincoln area are continuing to be called to more mental health calls, the suspected result of the COVID-19 pandemic.

Ricketts encourages residents to stay at home over next three weeks, closes salons statewide

The governor said he would issue a new directed health measure to clarify rules statewide. One provision closes barber shops, beauty salons, tattoo parlors and gentleman's clubs that were still allowed to operate in some areas.

Youths at Kearney YRTC test positive for COVID-19

Results from testing for coronavirus at the Youth Rehabilitation and Treatment Center-Kearney this week showed three male youths were positive…

'The choices that we make': How Lincoln's movements have changed since pandemic concerns set in

As more parking spots open up, more Lincoln residents are hitting city parks.

Lincoln reports first death from COVID-19, 'a somber moment for our community,' mayor says

The Lincoln man who was the city's first death from coronavirus was in his 50s and had an underlying health condition, city officials said Wednesday afternoon.

Amber Rolfzen has now experienced the worldwide health catastrophe in two waves. The first in Italy, then last month in Papillion.

"The plan is by noon to be at that 1,500 units-per-day production level," University of Nebraska-Lincoln engineering Professor Shane Farritor said. "We'll do that until the wheels fall off."

State of Nebraska closing nearly 11,000 campsites because of coronavirus

After this weekend, the state is shutting down all overnight camping in its parks and recreation and wildlife management areas — and will keep…

LPS graduation ceremonies are tentatively on in July

Good news for Lincoln Public Schools seniors: Graduation ceremonies are tentatively planned for July 26.

Lincoln family takes a spin in its socially distant ice cream truck
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With warm weather, a pool skimmer, YouTube, some poster board, a bargain buy from Costco and an SUV, Liz Shotkoski and her four kids brought cheer to their neighborhood.

Lincoln man 3D prints masks, face shields for medical workers
editor's pick alert top story

After his 3D printer sat in a box for almost two years, Nolan Miska finally had a reason to take it out.

UNMC study gives more indication of airborne transmission of coronavirus

The study suggests that COVID-19 patients may create aerosols of virus and contaminate surfaces that may pose a risk for transmission.

A number of businesses in Lincoln either just opened in the past few weeks or were scheduled to open soon are now faced with tough decisions about what to do in the face of restrictions on people being together.

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From the DoorDash driver to the cleaning service owner to the speed trainer for former Huskers, see how jobs and routines have been dramatical…

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The uncertainty of an unprecedented global pandemic has changed everything for the more than 3,000 high school seniors in Lincoln's schools.

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Nebraska Medicine ear, nose and throat specialist Christie Barnes says over the past couple weeks UNMC has seen more patients that complain of loss of sense of smell with minimal additional symptoms of COVID-19.

Lincoln couple ties the knot while abiding by coronavirus restrictions
editor's pick topical

The coronavirus pandemic has put plenty of aspects of life on hold, but at least one Lincoln couple refused to let social distancing stop them from taking their vows this week.

First Nebraskans die from coronavirus

A Hall County woman in her 60s has also died from the coronavirus, officials said Friday afternoon.

Cindy Lange-Kubick: Welcome to this strange world, Baby Girl
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"Our first daughter was born during the Ebola scare," dad said. "And our second was born during the Zika scare." Then he paused. "But the first two don't compare to what we're facing now."

editor's pick topical top story

The governor was ready for questions from constituents Thursday night at an NET News town hall.

Funerals in Nebraska during a pandemic: 'Our hearts go out to the families'
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Lincoln funeral homes are staggering visitations and live-streaming services in the time of coronavirus.

editor's pick alert top story

Residents watched and listened from their apartments and the balconies overlooking the center's courtyard.

The order takes effect at 8 a.m. Thursday.

"We are seeing up to 75 to 100 a day, which is an increase from what we typically see of 10 to 15 a day," Chief Deputy Todd Duncan said Wednesday.

City Hall: Strip club crowd, backyard bonfire party, domestic-violence class among Lincoln's first COVID-19 gathering complaints

One man reported the domestic violence class he had to attend, and another person reported too many people and pets inside PetSmart.

Weighing one disease against another: Recovery doors close (and open) in Lincoln
editor's pick alert top story

The Meeting Place, which had hosted nearly 60 12-step recovery meetings every week, closed due to coronavirus precautions. But a Lincoln church opened its doors to more meetings.

alert top story editor's pick topical

Take a look at the 1918 flu pandemic response in Lincoln and Nebraska. Millions were infected globally. 

Reach the writer at 402-473-2647 or

On Twitter @LincolnBizBuzz.

ScotsGem duo resurface at emerging markets startup - Citywire Financial Publishers

Posted: 04 May 2020 07:35 AM PDT

Five former emerging markets fund managers from Stewart Investors and Fidelity have formed their own boutique, Aikya Investment Management.

Ashish Swarup, Tom Allen, Alan Nesbit, Michael Summers and Alex Khosla have all joined from Stewart Investors, while Rahul Desai joins from Fidelity and Trevor Fung joins from Income Partners Asset Management.

Desai was assistant portfolio manager to Swarup on the institutional Fidelity Emerging Markets All Cap Strategy before taking over as lead in 2014.

Swarup, who left Fidelity for Stewart Investors in 2015 but left that group last September, shortly followed by Allen, were both managers on the ScotGems (SGEM) investment trust. 

He said: 'The majority of the Aikya team have all worked closely together on emerging markets strategies at leading investment firms, allowing us to forge strong relationships and gain an intricate understanding of the compelling investment opportunities within emerging markets across the globe.'

The boutique's flagship Global Emerging Markets strategy will hold between 30-35 companies, focusing on high quality companies at 'sensible valuations'.

It will incorporate environmental, social and governance metrics into its analysis by avoiding industries including coal, gambling, tobacco and defence.

Desai said: 'Pursuing an active engagement agenda on every company held in the portfolio is a key part of our investment process, which not only helps us in enhancing the investment case on the company, but also enables us to forge closer relationships with company management teams.'

The new firm has launched with minority backing from Sydney-based Pinnacle Investment Management Group which will provide back office support.

The group opened a European office in 2018 and hopes to support the growth of its European-based affiliate.

Pinnacle director Ian Macoun said: 'We believe Pinnacle and Aikya are a natural fit. Both teams have a strong belief that investment excellence is best sustained within an environment of supported independence. We have immense confidence in the capabilities of Aikya's esteemed investment team.'

How to choose the right mentor for your startup - The Next Web

Posted: 04 May 2020 01:54 AM PDT

CBI Insights' grim sounding 2020 report entitled 339 Startup Failure Post-Mortems found that 70% of upstart tech companies fail. When it comes to consumer hardware startups, 97% eventually die or "become zombies." And what were the top three reasons for startup failure?

  • No market need 
  • Ran out of cash 
  • Not the right team (lack of diversity in skills and experience)

Harry had Dumbledore, Luke had Yoda, and Daniel had Mr. Miyagi. While your startup may not be facing an imminent attack by death eaters, stormtroopers, or teenage ninjas, having the right mentor in your corner can seriously help when it comes to developing the right features, battling competitors, winning a crucial funding round, and learning new tricks along the way. 

To find out just how to identify and attract the right mentors, we spoke with the manager of a startup accelerator, two startup founders, two networking organizations, and one mentor. 

1. Find someone who can help you put the nail before the hammer

Ed Gaze, has been Senior Manager of Lloyd's Lab, an accelerator for InsurTech startups created by insurance giant Lloyd's, since its start in 2018. Having seen hundreds of startups go through the program, one mistake he commonly sees is:

"Sometimes startups come with a hammer and want to find a nail. They'll develop a tool first and then try to find a problem to solve with it, rather than starting with a problem."

This fundamental disconnect between startups and their customer base can lead to major product-market fit issues down the line.

The beauty of the startup-mentor relationship is that mentors can help you get into the mindset of your target audience. The ability to put your product into the hands of a potential client (and not just any client) and get their direct feedback can be the most valuable info you'll ever get. 

Michael Crawford, CEO of Describe Data, experienced this first hand during his time at Lloyd's Lab. "We used our mentors as a product-market fit test group. We asked them what they thought about new business ideas, what they liked, how they would like to be sold to, how much they would pay, what licensing models they preferred, even down to UI preferences. They were just incredibly helpful," he explained.

Start by taking a deep look into your ideal customer base. Develop customer personas and make sure your potential mentor fits within this category or has a deep understanding of what these personas would be looking for, based on their experience. 

2. The right connections can bring more than just cash flow

If your startup is in great need of funding, even a killer pitch deck won't be as effective at convincing investors as a personal recommendation from a well-connected mentor. Having an external stamp of approval can bring you a long way in gaining both funding and larger clients. But you should consider if that's really what your startup needs right now.

Today access to data is gold for most startups. "The second biggest value startups gain is when mentors either help provide data or introduce the product to various people within their organization to run a proof of concept," Ed explained.

Well-connected mentors can also be extremely helpful in connecting you to mentors in other fields, whether you're in need of strategic growth marketing hacks or want to introduce an IoT component to your product. According to Ed:

The mentor doesn't necessarily have to have all the answers, provided they've got the network within their business to find them. The ideal mentor can also be someone who's just very good at influencing others to get involved.

3. Get you out of your comfort zone

You may find you really hit it off with a mentor that has the same experience, a similar mindset, and technical background. But selecting someone who will think the same way you do may not be what's best for your startup. 

Allyson Kapin, Founder of Women in Tech, a nonprofit which showcases women-led ventures and helps provide capital, mentoring, and direct access to leading investors, explained, "It's important to look for someone who can be supportive but can also provide constructive feedback. A mentor should challenge assumptions when they feel their mentees are headed down the wrong path and be able to have those tough conversations." While praise can be highly motivating, finding someone who can and will tell you what you could be doing better is invaluable. "This can be life-changing for mentees," Kapin said. 

Gerard de Vere, COO of Describe Data, explained that, when starting out, "most startups sit somewhere on a Venn diagram between being more tech or industry heavy, depending on the expertise of its founders. The first thing to do is to understand what your balance is between tech and industry. Then try and find the opposite to fit the last piece into the jigsaw puzzle."

His co-founder Michael agreed: "Push yourself out of your comfort zone. We were kind of adopted by an external marketing mentor and an enterprise sales expert during the Lloyds lab. These were two areas we didn't have any real experience in. Those relationships months later are still strong and they've been incredibly invaluable for us. Look for people outside your area of expertise because they'll be highly critical and highly useful."

Attracting your ideal mentor

Once you've found the Yoda to your Luke Skywalker, how do you convince them you're the right mentee to take on? (Aside from carrying them through the jungle on your back of course.)

Tip one: Show your enthusiasm

"To attract interesting mentors, it's about passion. Michael does a lot of presenting for us and he's very passionate and very charismatic. That's very honest and authentic and really attracts people. We've seen a really great technical startup that had the talent and the skills, and, if they had gotten funding, they would have gone really far. But the guy just didn't have any charisma. At the end of the day, it's not just the idea, the team, or the need that mentors will consider," Gerard explained. Just like anyone else, they want to spend time on something they're excited about.

Tip two: Drop the technical jargon

Even if your solution and what it does may seem obvious to you, it might not be to other people. Ed once saw a startup use very technical language during a midpoint review. After the founders left the room, he asked the mentors if they had any further feedback. That's when a few admitted they honestly didn't understand what the solution was. Always remember to translate your technical language into words your mentors will understand.

Rob McLendon, a mentor for Lloyd's Lab, works as a Principal for Beat Capital. With a background in the insurance world, his interest in mentoring comes from a drive to learn about advancements in tech and how they can help him and his company in their day-to-day.

"The first thing I'll consider is the practicality and the tangibility of the service or product. In the InsurTech space, there are a lot of things that are difficult to comprehend. When that happens, the practicality aspect disappears. For me, that skips over one of the problems that the insurance industry has: just doing the simple things really well," Rob told TNW. 

Tip three: Set realistic goals upfront with your mentor

Having worked with numerous female-led startups, for Allyson Kapin, the best way to get the most out of your relationship with your mentor is to set clear expectations and deliverables from the start:

What are the top short term things you want to work with your mentor on? What are the top three long term goals? Define how you will work together on these goals. Will you meet virtually once a month to discuss your progress and challenges? Will the mentee check in once a week via email on how they are doing with their mini-goals and tasks? Define all of this upfront so you set expectations from the start.

Tip four: Build long term relationships

Leslie Feinzaig, CEO of Female Founders Alliance, knows all too well about the difficulty of attracting mentors and investors when you're just starting out. Having started her own EdTech startup, she soon realized she didn't have the same founding experience and support that male CEOs in her industry had. In 2017, she founded the Alliance to enable female entrepreneurs to connect, share tips, and help each other develop the skills they needed to create and scale a successful startup. She suggests:

Build your network before you need it. Look for opportunities to truly connect with people that you admire or have kinship with professionally. Ask them for coffee, share opportunities, and stay in touch, professionally. Those are the relationships that over time yield the best mentorship and the best introductions.

Look at it as a two-way street

Don't be afraid to approach a potential mentor. Keep in mind that, for mentors, especially when coming from a corporate background, the speed at which decisions can be made, and the ability to directly influence the development of a new product can bring the rush that makes mentoring worth it. 

You could see this sense of excitement when Rob talked about one of the startups he mentored, Inari: "They helped us build a cutting edge data lake that brings together tons of data points to give us this enterprise-wide view of our business. I've just never been part of something like that. I learned a lot and we did it on time specification and on budget, which, to build a data lake, is almost unheard of."

This post is brought to you by Lloyd's.

Published April 30, 2020 — 12:19 UTC


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