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5 Steps for Earning Respect as a Leader


  

Every few days, my tech-savvy father sends me a simple reminder via text—an image, a saying, a blessing or a piece of wisdom to remind me about what’s important in life. The other day, he sent me this powerful quote from Bryant McGill: “You have to accept that you’ll never be good enough for some people. Whether that is going to be your problem or theirs is up to you.”

This message was especially well timed, as I had recently been doubted and disrespected. I was told that my dreams were too big and that I was naive to think I could be part of pulling off the proposed vision with my level of (in)experience. As much as I proactively fine-tune how I present myself, being doubted because of my age was not a first-time occurrence. I’m convinced...



Article

5 Factors to Estimate How Much Your Mobile App Idea Will Cost


  

Over the past six years, Applico has built over 300 apps, and I’ve learned a lot about how to find the perfect app developer at the right price. The primary driver of price is the cost of labor. For example, hiring offshore developers will be exponentially cheaper than hiring domestic developers, and an established firm will cost you more than a freelance hire.

Because there are so many different variables, the price for a mobile app could range anywhere from $5,000 to $500,000. The average price range will typically be somewhere between $100,000 and $300,000, and the entire development process takes about 12-20 weeks. It’s obviously a hefty investment, both in time and money. So in order to optimize your financial resources, here are the f...



Article

How Offering Financing Will Give You a Competitive Edge


  

More often than not, financing gets a bad rap. Sure, Apple can mark up a product as high as it wants, and McDonald’s can increase the price of hamburgers, but when the product is money, customers and merchants start to question the ethics behind the markup.

Yet financing these markups has the power to make a positive impact on both the economy and your business. Companies that can overlook the negative stigma and provide financing options will create a viable business model and attract long-term customers from a variety of backgrounds. Here’s why:

Financing Makes Economic Sense

To understand how financing impacts the economy, let’s take a look at the United States’ savings rate over the past five decades. Trading Economics reports that pers...



Article

Self-doubt, schmelf trout — a pep talk


  

This is a stupid idea. Why did I quit my job? Why did my friends say they liked this idea? I bet they were just humoring me. What if nobody likes it? I have no clue what I am doing. I should ask for my old job back.

If you are even a month into starting your own business I am going to hazard a guess that at least one of these thoughts has popped into your mind. You’re not alone. Self-doubt is natural even for the most confident of people, your business is essentially a highly visible, physical manifestation of your beliefs and thoughts. So yes, it is scary exposing yourself in that way, the same way it would be scary if you were to share your love letters (Snapchats nowadays) with the world.

But this is not a good reason to stop or slow do...



Article

Meet the Crowd2Shelf Winners: Now Available in Staples Store


  

They came, they crowdfunded, they conquered, and now it’s time to get to know them better. While the winners of the inaugural Crowd2Shelf contest come from different parts of the country and from different industries, they have one thing in common: they’ve created amazing products that are helping people do more.

We sat down with the winners and got some background into how they’ve grown into the incredible startup product companies they are today.

EVA
Wilmington, DE

Designed by LEDified, EVA™ is the world’s friendliest recessed light. They’ve combined the most efficient LED technology with an everyday practical element of a home: the remote control.

They’ve already pre-sold over 50,000 EVA™ units. Before EVA, LEDified’s founding team devel...



Article

Nancy Duarte: Get Creative With Your Startup Presentations


  

Nancy Duarte is a pro when it comes to presentations. Not just giving presentations, but starting them, finishing them, and every step in between. Author and co-founder of Duarte Designs, Nancy Duarte is a seasoned veteran when it comes to incorporating storytelling into speaking and creating connections with an audience.

The below video is the fifth part in a series of 10 in which Nancy shares the key components to making a successful pitch using creativity and critical thinking. Find out what she has to say:

Getting creative (and comfortable) with startup presentations

Back when startup presentations were nearly all slide-based, Nancy used to have a general rule-of-thumb: one slide would equal about two minutes of talking. This was a tim...



Article

Partha Unnava: “Right After We Had Wired Over Money, The Manufacturer Said The Quote Was Incorrect”


  

Partha Unnava is the CEO of Better Walk, a company focused on developing a new type of crutch that improves the experience of a crutch user. Partha broke his ankle and had to hobble around on crutches for six weeks, he decided to develop a better set of crutches that wouldn’t kill his armpits. I spoke to Partha about his experiences launching the venture and his journey as an entrepreneur.

Determination

Q: What are some challenges you faced when developing your venture?

I’ve faced issues from cofounders leaving the company to fluctuations in funding and flat out denials from investors. I think I’ve been through almost every single up or down you can go through when you start a company, but I learned that the only limiting factor is the inf...



Article

A Chat with Unforeseen Startup Warrior Nick Frost


  

…when I started StartupList, I didn’t know where it would lead or even that I was actually creating a startup. It was just a project I was working on to learn more about startups and how to build a website. It evolved into something I never could’ve imagined at the time.

There is no better way to hear the story of how Nick Frost came to champion startups than to hear it straight from his mouth. Startups Live was incredibly fortunate to have such an opportunity.

Often this collection of Founders turns over nitty gritty details of building startups, examining a particular question or aspect of the work. This talk does some of the same, but it also brings the role of fortune into the field of play – not luck, or the unexpecte...



Article

The Next Big Thing Isn’t BDaaS – It’s How You Use It


  

At one time, only the corporate elite could afford to collect and crunch millions of data points to optimize their businesses. But with the advent of big data as a service, companies of all sizes now have the chance to take part in the big data revolution.

Although the need for data isn’t new, the amount of information and the type of intelligence it can provide looks starkly different than it did even a few years ago. In fact, the same amount of data influx that was achieved over the past 50 years is now achieved every two days.

If you’re serious about data, you need a way to store, manage, and analyze millions of numbers that will point your business in the right direction. As your company expands, your data stockpile will also grow expon...



Article

What Do I Do Now? The Startup Lifecycle


  

Last week I got a call from Patrick an ex-student I hadn’t heard from for 8 years. He was now the CEO of a company and wanted to talk about what he admitted was a “first world” problem. Over breakfast he got me up to date on his life since school (two non-CEO roles in startups), but he wanted to talk about his third startup – the one he and two co-founders had started.

“We’re at 70 people, and we’ll do $40 million in revenue this year and should get to cash flow breakeven this quarter.” It sounded like he was living the dream. I was trying to figure out why we were meeting. But then he told me all about the tough decisions, pivots and firing his best friend he had to do to get to where he was. He had been through heck and back.

“I made it t...



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