Bold Ventures | Sponsored By |
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Startup embraces many concepts at once, looking for winners
A New York-based company called Betaworks is using an innovative business model that focuses on testing many different product ideas at once and keeping only those that show promise. "We try to fail fast and small," said John Borthwick, the company's founder and CEO. One of the company's most recent successes is an iPhone game called "Dots" that has already attracted millions of users. Betaworks also diversifies its holdings by buying and revamping established brands and by investing in other startups. CNN (5/30)
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Leading the Pack | Sponsored By |
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5 ways to give criticism more effectively
It's tough to give criticism in ways that don't simply cause the target of your feedback to shut down and stop listening, writes Kevin Daum. To criticize people more effectively, pick the right setting and moment, be clear about what you're trying to achieve, and do your best to set out the problem clearly and let the person recognize what's gone wrong. Inc. online (free registration) (5/24)
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Finance & Growth | Sponsored By |
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Tips for bootstrapping a new business venture
If you're interested in bootstrapping your own business, start by researching the competition and interacting with potential customers to gauge interest, writes Rene Shimada Siegel, founder of High Tech Connect. Afterward, handle essential tasks such as choosing an organizational structure and setting up a business bank account. Once your business is up and running, try to keep the momentum going by delegating responsibilities and establishing an effective online presence, she recommends. Inc. online (free registration) (5/29)
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The Whole Entrepreneur | Sponsored By |
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Planning a business dinner? Make the best impression
One secret to having a productive business dinner with clients is to learn as much as you can about them beforehand. "If you find a hobby in common, you can steer the conversation to 'stumble on' that commonality," suggests Deborah Goldstein, a founder of Goldie's Table Manners. It's a good idea to show up at the restaurant before the scheduled time, to eat at about the same pace as your fellow diners and to prepay the bill, experts say. Entrepreneur online (5/30)
You don't need to be an extrovert to start a business
If you aren't naturally extroverted, the constant networking and meetings that come with life as an entrepreneur can be draining. Try to team up with someone who is more outgoing and focus on building deep connections rather than trying to meet as many people as possible, according to Susan Cain, author of "Quiet." In addition, try to pace yourself so that you don't burn out as a result of too many energy-draining social interactions, she advises. Harvard Business Review online/HBR Blog Network (5/30)
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Ideas for Innovators | Sponsored By |
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The 6 ingredients of successful innovation and collaboration
Successful innovation requires value-focused, customer-centric thinking delivered through a collaborative business model, writes Mario Martinez II, CEO and founder of 360 Vantage. "By combining and connecting resources and people, collaboration drives innovation, tests weaknesses, builds strengths and matures teams to operate as efficiently and effectively as possible," he writes. SmartBrief/SmartBlog on Leadership (5/29)
| CSO Insights: 2013 Sales Performance Optimization Study Results
In this analysis, see an overview of the eight key attributes found in high performance sales organizations, and some of the major trends that positively and negatively impacted sales behavior in 2012. Compare how your sales team's best practices align with the high performing organizations in this study. Download the free study now. |
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Fortune from Failure | Sponsored By |
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Everyone relates to failure, founder says
Hayes Drumwright, founder and CEO of Trace3, regularly prepares a document for his employees that explains his plan for the company as well as his concerns. During speeches, he usually opens with an anecdote about failure and discusses an early health scare that he faced. "People connect with these things, because everyone has failed at something and been afraid and had health issues," he writes. Inc. magazine (6/2013)
| Measure the Effectiveness of Your Data Privacy Program
This free Forrester report outlines the importance of privacy to enterprises, consumers, and the impact of worldwide regulations on the ecosystem. Moreover, it outlines Forrester's framework on how they define the data lifecycle model, and a helpful checklist on metrics to measure the effectiveness of a privacy program. Download the free report now. |
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Only strong people are comfortable talking about their failures. I don't see a downside to it."
-- Hayes Drumwright, founder and CEO of Trace3, writing at Inc. online.
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