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A series of events this year—from the Equifax data breach to the foreign use of socialmedia to influence the U.S. To help put things in perspective at year’s end, Xconomy reached out to Nisha Desai, a clean energy entrepreneur in Houston. Xconomy: Do you think 2017 was a. Read more » Reprints | Share:
This data comes from sensors, socialmedia posts, digital pictures and videos, purchase transactions, everywhere. Socialmedia and web data. Socialmedia postings and e-Commerce transactions are just a couple of the sources of external data that are of great interest to many companies. Marty Zwilling.
A series of events this year—from the Equifax data breach to the foreign use of socialmedia to influence the U.S. presidential election—has prompted some to question the utopian promise of innovation, especially when it comes to Web companies and cybersecurity.
If you are an entrepreneur today, and not using socialmedia to promote your business, you are missing out on a huge opportunity. Most socialmedia outlets don’t require a subscription charge, but they certainly require an investment to be hard hitting – in people, in technology, your reputation, and your time.
According to current Kauffman Indicators of Entrepreneurship , the share of new entrepreneurs who started businesses to pursue opportunity rather than from necessity now exceeds 86%, more than 12 percentage points higher than ten years ago at the height of the last recession. Socialmedia is a boon for entrepreneurs and startups.
According to the 2017 Kauffman Startup Activity Index , the share of new entrepreneurs who started businesses to pursue opportunity rather than from necessity reached 86 percent, more than 12 percentage points higher than in 2009 at the height of the Great Recession. Socialmedia is a boon for entrepreneurs and startups.
Today's contribution is from Brad Brooks , the co-founder and CEO of TigerText , which provides clinical communication solutions for the healthcare industry, and also co-founder of anonymous socialmedia app Whisper. Finally, what do you think will have the biggest impact on the technology industry in 2017?
In my role as an advisor to startups, I often have to remind entrepreneurs to think more like sales people from day one, in finding a real problem to solve and designing the solution. A good entrepreneur actually gets stronger as he or she learns from each growth failure, and responds ever more effectively to customer needs and expectations.
In addition, today’s customers judge a company by perceived people relationships through socialmedia, phone conversations, and sales experiences. Thus I believe that business leaders and entrepreneurs need to focus first on people leadership, rather than process leadership. Processes without people leaders will still be chaos.
There was a new controversy seemingly every week, whether it was Uber’s myriad scandals ; more personal data breaches ; Russia’s use of socialmedia and other online platforms to try and influence U.S. Xconomy recently reached out to business and technology leaders from around our network to put 2017 in perspective and look ahead.
“We want to inspire, but we also want to be realistic and show beauty in real life,” Glossier founder and CEO Emily Weiss said in a 2017 interview with Inc, just as the brand had reached what Weiss herself described as “cult status.” It’s more of a mockery,” said Isa Watson , founder and CEO of socialmedia app Squad.
A series of highly publicized events this year—from the Equifax and Uber data breaches to foreign use of socialmedia and Web services to influence the U.S. Here’s an edited transcript of our exchange: Xconomy: Do you think 2017 was a turning point in public. Read more » Reprints | Share:
This data comes from sensors, socialmedia posts, digital pictures and videos, purchase transactions, everywhere. Socialmedia and web data. Socialmedia postings and e-Commerce transactions are just a couple of the sources of external data that are of great interest to many companies. Let me hear from you.
Jordan Glazier: Wildfire has developed a platform for monetizing social messaging. When you look at social messaging, and talk about social messaging, we're talking about socialmedia, text messaging, email, and chat applications. The majority of our time is now spent online.
When someone says Intellectual Property (IP), most entrepreneurs think only of patents. Socialmedia accounts. Immediately go to relevant socialmedia sites and grab the same name, even if you never plan to use the accounts. You need all these before you start looking for funding.
Some equity-focused organizations are trying to level the playing field, however, by offering female entrepreneurs cash injections to launch or grow their venture. We round up the best business grants for female entrepreneurs taking applications in 2024, so you can spend less time trawling the internet and more time focusing on your business.
Thus one of my key messages to entrepreneurs, as a business advisor and angel investor, is “focus.” For example, it’s all too common for a technology entrepreneur to highlight a new battery technology as the ultimate power for smartphones, medical heart pacemakers, and home lighting.
It works best through effective use of socialmedia, mobile apps, societal initiatives, becoming an influencer, and providing a modern easily-found web site with credible customer-focused content. Participate in the top socialmedia sites for maximum impact. Don’t just monitor – engage customers.
In addition, like an entrepreneur with a new business, you have to factor in all the indirect costs previously covered by employers, including training, health care, and time off for vacations. In fact, thinking like an entrepreneur is a good strategy today for success, even if you are currently in a long-term employment situation.
On your birthday, something special happens on socialmedia: you receive hundreds of likes and well wishes from friends, family, high school classmates and people you haven’t talked to for years on Facebook. Download Doppels for iOS and Android is coming Summer 2017. Say Goodbye To The Wish List. At 26, not so much.
When someone says Intellectual Property (IP), most entrepreneurs think only of patents. Socialmedia accounts. Immediately go to relevant socialmedia sites and grab the same name, even if you never plan to use the accounts. You need all these before you start looking for funding.
Here are some key ones that I recommend, based on my experience in business, and my many years as an advisor to entrepreneurs: Choose a name that works across the Internet and the world. All marketing costs money, including viral marketing, search engine optimization, click-through, and socialmedia support.
A good social cause doesn’t always imply a viable business. With interactive socialmedia and blogging, you have every opportunity to test and tune your idea before spending any real money. Formalize a company entity, website, and socialmedia presence. Marty Zwilling First published on Inc.com on 04/13/2017.
More recently, most people think of Mark Zuckerberg as the creator of socialmedia, but few remember his earlier efforts at creating video games, a music player, and Facemash, the last being his idea of a great dating app. The best entrepreneurs know they don’t have all the answers, and today’s answers may be wrong tomorrow.
People follow influencers on socialmedia to find what they buy, who they vote for, and which social causes they support. They flocked to businesses like Apple, when influencer Steve Jobs was at the helm, and anxiously await the next moves from visible entrepreneurs, including Mark Zuckerberg and Elon Musk.
Most of the guidance you see for entrepreneurs is aimed at those who are selling a product (Apple, Tesla, Xiaomi), or selling a service (Uber, Airbnb, Snapchat). The “product” value is difficult to quantify, the costs are nebulous, and entrepreneurs have to clone themselves to scale the business.
He talks in detail about ten of the key challenges that Facebook faced in their growth, to move from a tiny socialmedia upstart to one of the most successful companies in the world. Marty Zwilling First published on Huffington Post on 04/12/2017. Now Facebook’s market cap is nearly 500 times that number.
Mark Zuckerberg was not the first to build a socialmedia platform, so he had to find investors who believed in him. She speaks from years of experience coaching entrepreneurs and executives on the magic of a story. Marty Zwilling First published on Inc.com on 08/04/2017.
I thought it would be interesting to understand the challenges and concerns of entrepreneurs who began selling online for the first time in 2016, so I sat down with Heidi Muther, COO at Z S upply , LLC. Founded in 2011, Z Supply, LLC has created five women’s fashion brands with a sixth brand and extension into Men’s, launching Spring 2017.
As an advisor to entrepreneurs, I often have to deal with people who are convinced that they must get me to sign a non-disclosure agreement (NDA) before they begin talks about their new venture. Some entrepreneurs avoid the patent process, since patent details become public once a patent is issued.
Looking back over the past two years, it seems that public perceptions of tech companies have shifted, compared with the eager acceptance that often prevailed as innovations from these businesses transformed social interactions, transportation, and other aspects of life.
As an advisor to startups and entrepreneurs, I often hear the myth that all new businesses must start with a great idea. I believe the best entrepreneurs start by finding a large opportunity, and only then use good ideas to capitalize on that opportunity. I just finished a new book, “ The Entrepreneur’s Playbook ,” by Leonard C.
In my role as a mentor to entrepreneurs and an angel investor, I find that too many are stuck in this myth that a good pitch, and good marketing content, should consist of more product features, and more hype on customer benefits. Marty Zwilling First published on Huffington Post on 11/25/2017.
A good entrepreneur is not necessarily born a good salesman. Julie is known as the entrepreneur’s selling mentor, for both men and women. In my view, every entrepreneur has to be a great salesman to succeed (among the many other required skills), so you should take a hard look at these points: Dust off your moxie.
The advent of socialmedia and real-time interactive feedback via the Internet allows every customer to build and expect a relationship with your business, rather than just touchpoints. Entrepreneur of the Year” finalist. Marty Zwilling Published by Xerox Small Business Solutions on 07/31/2017.
In the entrepreneur world, most of the energy I see is focused on the current opportunity bubbles, now including anything mobile, the new sharing economy (Uber, Airbnb), or yet another socialmedia app (Snapchat, WhatsApp). I do believe we are entering a new era of opportunity for entrepreneurs.
Most budding entrepreneurs don’t realize that nine out of ten startups fail within 24 months. One resource that’s worth your time is a new book, “ The Ultimate Start-Up Guide ,” by a couple of entrepreneurs and marketing experts who have been there, Tom Hogan and Carol Broadbent. Find co-founders to complement your expertise.
I found this perspective validated in a new book, “ Plan Commit Win: 90 Days to Creating a Fundable Startup ,” by serial entrepreneur and strategic consultant Patrick Henry. The result is a win-win-win situation for investors, entrepreneurs, and customers alike. Marty Zwilling First published on Inc.com on 05/22/2017.
In this age of interactive socialmedia, your culture image quickly spreads to customers, and determines their loyalty. Everyone knows and admires the leaders , including Google and Zappos, but most entrepreneurs have only a fuzzy idea of what to do to get there. So, how do you build trust? Demonstrate honesty and vulnerability.
With real-time online reviews and feedback via the Internet, and instant relationships via socialmedia, a voice from the top that is inconsistent with what is heard from the firing line defines a dysfunctional and noncompetitive company for today’s customer. Marty Zwilling First published on Huffington Post on 02/12/2017.
With the advent of the Internet, socialmedia, and instant communication via texting, customer expectations for service, as part of their entire customer experience, have changed. As well as phone support, customers expect you to accept mobile messaging, and provide quick responses via socialmedia and multiple Internet websites.
It's a line from an old movie "Field of Dreams" which is still leading to the demise of too many startups, led by entrepreneurs who really started their business to build an exciting new product or service. Use socialmedia in concert with a web site and offline media. “If you build it, they will come.”
Each time I mentor an entrepreneur, I learn new things about their technology, customers, and business domain. Shared socialmedia is the new networking. Marty Zwilling First published on Inc.com on 05/02/2017. A mentor/mentee relationship must be a win-win and learning experience for both.
As a startup advisor and investor, I’ve heard and seen hundreds of pitches from entrepreneurs, and the majority of founders are convinced that if you will just give them an hour or more time, you will love their business. Highly saturated domains (more than 10 existing players), such as niche socialmedia sites, are highly risky.
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