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Entrepreneurship
Hackernoon
1M
271
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The Most Dangerous Lie in Startups
- The absence of a founder agreement can be the most dangerous lie in startups, leading to internal conflicts and eventual downfall.
- Founders often avoid establishing structure when things are going well, but they need it most when complexities arise.
- A founder agreement isn't a sign of mistrust but essential for protecting the business during emotional decision-making.
- Without a clear agreement, issues like equity disputes and decision-making can escalate, causing tension and potential investor backlash.
- Misalignment between founders can be amplified during growth phases and result in personal blame games and deteriorating morale.
- Founder duos should address critical questions early on, such as roles, decision rights, exits, and potential conflicts, to avoid resentment.
- Avoiding difficult discussions can lead to unspoken expectations, misunderstandings, and eventual fallout between co-founders.
- Founder agreements serve as emotional insurance, offering clarity on operations, roles, and contingencies in case of changes or conflicts.
- Establishing a founder agreement is crucial for the company's survival and growth, providing a roadmap for navigating challenges and changes.
- The agreement isn't just for the founders' protection but for ensuring the business's continuity and resilience in the face of inevitable obstacles.
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Gritdaily
1M
230
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Pa:nStori is Developing New York’s Newest Immersive Experience
- Pa:nStori Productions launched At Your Scent, an immersive theater experience using scents to guide viewers through a love story performance in NYC.
- The show focuses on scent as a powerful sense linked to memory and imagination, aiming for a personal connection with the audience.
- The production company, led by founder Soo Young Choi, collaborates with director Chaesong Kim to create unique experiences.
- Choi emphasizes the importance of having passionate team members and likens successful collaborations to 'The Lord of the Rings' film production.
- Pa:nStori Productions aims for intimate experiential shows, exploring various genres and media to create immersive experiences.
- Choi discusses the challenges of finding suitable locations for new art forms, suggesting platforms like No Proscenium for immersive theater support.
- She draws inspiration from her work at the ArtLab Festival in Korea, where artists merged art with various industries, shaping her mission with Pa:nStori.
- Choi finds New York audiences more open-minded due to its cultural diversity, creating both challenges and opportunities for immersive theater creators.
- Her fascination with the collaborative nature of theater keeps her engaged in the industry, appreciating the camaraderie and reward of creating art together.
- Choi is currently reading 'Buttermilk Graffiti' by Edward Lee, enjoying the NBA playoffs, and craving pasta.
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13 Likes
Medium
1M
334
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I Helped A Founder Sell His Product To My Company
- An employee recounts a scenario where he was asked by his boss to attend a meeting with a young individual pitching new invoice software.
- Despite feeling exhausted from a long day of meetings, the employee, who is also the IT guy, was requested to fill in for the boss.
- Upon entering the meeting, the young men appeared disappointed as they expected to pitch to the boss, not the IT guy.
- Despite the initial hesitation and disappointment, the employee felt sympathy for the young men's situation of not meeting the expected person for the pitch.
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Medium
1M
447
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From Agentic Demos to Enterprise Strategy: What the Pegasystems Blueprint Event Reveals About the…
- The recent Agentic AI + Enterprise SaaS event hosted by Pegasystems at their Waltham HQ focused on practical tools, architecture, and deployment strategies rather than theoretical discussions.
- A key highlight was Blueprint, a tool by Pegasystems that uses LLMs to convert natural language inputs into structured applications, aligning with Pega’s Launchpad for operationalizing these applications with agentic AI.
- Insights from the panel discussion addressed enterprise challenges like production deployment delays, the need to embed AI into core processes over just providing a wrapper, pricing strategies for AI startups, and the importance of trust and compliance in AI products.
- The strategic tracks for AI in enterprise software involve incumbents revamping internal architecture with AI as a co-pilot and startups embedding agentic layers onto legacy processes, highlighting the evolving landscape of enterprise AI implementation.
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26 Likes
Medium
1M
212
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Pedro Arnt (dLocal) on preserving startup agility while becoming a big company, the IPO is just the…
- dLocal, a Uruguayan fintech company led by Pedro Arnt, provides a single API for accepting local payments and making payouts in 40+ emerging markets.
- Pedro Arnt highlights the importance of emerging markets for digital innovation and emphasizes the strategy of adapting proven business models to suit local markets.
- He stresses the significance of efficient capital allocation and smart decision-making in companies operating in regions where funding constraints exist.
- The transition from private to public markets requires long-term vision and transparency to maintain focus on growth and resist short-term pressures.
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Medium
1M
121
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The Founder’s Real Dilemma? People.
- Talent is the ultimate multiplier for founders in the chaos of company building.
- Current outdated tools and systems leave founders struggling with hiring, leading to triage instead of a hiring strategy.
- With tighter budgets and shorter runways, companies are prioritizing roles that deliver high-leverage technical output.
- VU Talent Partners, embedded in VU Venture Partners, offers a modular talent platform that learns, scales, and delivers talent-based outcomes for founders in the new operating system of work.
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7 Likes
Medium
1M
189
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Mastering Crypto Order Blocks (OB): A Complete Guide from Beginner to Pro
- An Order Block is a price zone where large financial players place bulk buy or sell orders, leaving a strong footprint on price charts.
- There are two types of Order Blocks: Bullish (at the end of a downtrend) and Bearish (at the end of an uptrend), acting as support or resistance zones respectively.
- To trade Order Blocks, identify market structure, look for impulse moves, mark the last opposite candle, draw the OB zone, wait for price to return, and confirm entry criteria.
- Order Blocks are more reliable than typical support/resistance lines, can be used in different trading styles, and are beneficial for long-term traders in predicting market movements.
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11 Likes
Medium
1M
230
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Africa’s Missing Middle: What Silicon Valley Bank Taught Us About Building Innovation Ecosystems
- Silicon Valley Bank (SVB) played a transformative role in startup history by backing ideas in the messy middle phase when capital infrastructure was lacking.
- Many startups in Africa face challenges due to a lack of financial support tailored for early-stage innovators.
- SVB embedded itself in the venture ecosystem, understanding cap tables, nurturing relationships, and offering founder-friendly credit terms.
- To support African innovation, local financial institutions need to align with regulators, offer innovative financial products, and believe in local startups.
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Entrepreneurshiplife
1M
420
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How to Become a Data Analyst Without an IT Background in the US
- Data analytics is a fast-growing sector with high demand for data analysts in various industries, even without an IT background.
- Key transferable skills for data analytics include analytical thinking, problem-solving, communication, and curiosity.
- Acquiring essential skills like statistical analysis, programming languages, data visualization, and SQL is crucial for transitioning into data analytics.
- Building a strong portfolio with real-life projects showcases your abilities to potential employers.
- Networking, seeking mentorship, and gaining industry insights are vital steps in transitioning into data analytics.
- Data analysts in the US can earn significant salaries, with the median income around $86,280 per year and high earners making over $160,850 annually.
- Salary potential for data analysts varies by experience level and industry, with tech companies and finance offering higher pay.
- Location also impacts salary, with cities like San Francisco and New York offering higher earning potential.
- Specializing in areas like machine learning, predictive modeling, or advanced data visualization can lead to higher pay and career advancement.
- Data analytics offers job security and upskilling potential, with McKinsey predicting continued demand for data professionals in the coming years.
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25 Likes
Entrepreneurshiplife
1M
230
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Turning Visibility into Velocity Across the Supply Chain
- Supply chains now require precision, speed, and real-time accountability, leading to a push for actionable visibility and smarter operations.
- Interconnected analytics merge data sources to provide unified views and improve communication and collaboration between departments.
- Well-designed dashboards simplify complex information, allowing for quicker identification of bottlenecks and inefficiencies.
- Modern analytics platforms use advanced algorithms for accurate forecasting, reducing inventory costs and supporting proactive adjustments.
- Analytics plays a crucial role in balancing efficiency, sustainability, and customer expectations while reducing waste and hidden costs in supply chains.
- Real-time dashboards help measure performance, optimize operations, and support sustainability efforts, leading to lower emissions and higher efficiency.
- Scalability is essential for supply chains as companies expand, requiring systems that provide both big-picture views and ground-level details in real-time.
- Dashboards supporting multiple users and mobile access improve coordination and flexibility in supply chain operations.
- Analytics systems must keep pace with increasing data volume, offering fast load times, clean interfaces, and mobile access for data-driven operations.
- Supply chain agility tools, like unified metrics and forecasting solutions, are key for organizations seeking enhanced performance and scalability.
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13 Likes
Entrepreneurshiplife
1M
266
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How to Become a Roofing Contractor in Illinois
- To become a licensed roofing contractor in Illinois, ensure you meet experience and documentation requirements, such as having two years of on-the-job experience and proper insurance.
- Choose between Limited License for residential work or Unlimited License for all property types and register for the corresponding exam date.
- Gather study materials including official codebooks, practice quizzes, and video modules to prepare for the Illinois 105 Roofing Exam.
- After passing the exam, launch your roofing career by bidding on projects, starting a business, or partnering with general contractors.
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16 Likes
Medium
1M
402
Momentum > Motivation: The Real Secret to Growing a One-Person Business with AI
- Momentum is crucial for solopreneurs to grow with AI, focusing on consistency over inspiration.
- Utilize AI to reduce thinking time, streamline processes, and enhance productivity.
- Create repeatable systems for content, product launches, client interactions, and more to sustain growth.
- Track small wins consistently to maintain emotional momentum and focus on consistency in daily actions.
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24 Likes
Gritdaily
1M
420
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From Floor Fans to Fan-Favorite Movers: Dumbo Moving’s Bold New OnlyFans Campaign
- Dumbo Moving, a NYC moving company, launched a tongue-in-cheek landing page reminiscent of OnlyFans but with a twist - focusing on appliance descriptions instead of adult content.
- The campaign highlights their memorable crew, emphasizing that customers request specific movers by name, showcasing a blend of humor and sincerity.
- By mimicking OnlyFans visuals and innuendo, Dumbo Moving effectively grabs attention and surprises viewers with a humorous twist featuring literal fans.
- The campaign showcases Dumbo Moving's nimble branding strategy and cultural fluency, connecting with a younger, internet-savvy audience through humor and memes.
- Lior Rachmany, Dumbo's Founder, mentions the positive feedback received, illustrating how even traditional industries can leverage creativity to engage customers.
- This bold marketing approach disrupts expectations, appeals to a younger demographic, and fosters brand affinity by infusing humor and pop culture references.
- Dumbo Moving's campaign aligns with a trend of unsexy brands embracing bold, meme-worthy marketing, emphasizing the importance of personality and cultural fluency.
- The success of Dumbo's OnlyFans campaign lies in its ability to entertain, humanize the moving experience, and stand out in a competitive market like NYC.
- By celebrating the real people behind their service, Dumbo Moving's campaign strikes a balance between entertainment, sincerity, and strategic branding.
- The campaign serves as a reminder that great marketing spotlights what makes a brand unique, showcasing the trusted and memorable nature of Dumbo Moving's crew.
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25 Likes
Medium
1M
257
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InReach Ventures: Embracing the Next Chapter
- InReach Ventures has started investing from its newest Fund II with support from Limited Partners and upcoming second fund closing.
- Amanda Jones Floyd, with an operational background in companies like Spotify and Apple, is stepping into the role of General Partner in the new fund.
- InReach Ventures maintains focus on pre-product-market-fit startups, welcoming European consumer internet founders leveraging AI for unique experiences.
- The firm emphasizes AI-driven innovation in consumer and B2B spheres, highlighting dedication to advancing their proprietary AI technology platform, DIG.
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15 Likes
Medium
1M
248
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Uncork Sessions: What Former Stripe CTO Wants Every Founder to Know
- Former Stripe CTO shared key advice for founders building in today’s fast-moving tech environment.
- Focus on hiring high-performers who raise the bar and can teach you something every day.
- Avoid hiring senior titles early on, prioritize versatile builders who can adapt as the company scales.
- Emphasize clear articulation of company's purpose and messaging for sharper focus.
- Importance of repeatable success for true product-market fit and being obsessed with learning at every stage.
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