Tag: startups

How Can Your Startup or Small Business Survive a Pandemic? Know What to Expect
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How Can Your Startup or Small Business Survive a Pandemic? Know What to Expect

Life is changing rapidly for everyone. On March 11, the World Health Organization (WHO) declared the COVID-19 infectious outbreak as a pandemic, the first pandemic in modern times caused by the emergence of a new or novel coronavirus. There is so much information coming at us daily. Yet, founders and small business owners are struggling to decipher what it all means for business operations. Let's walk through what we know and what we can reasonably expect, given the best available information from trusted sources. Then we can offer some recommendations to help you adapt your business operations during a pandemic. First, stay informed COVID-19 is an infectious respiratory disease caused by a new coronavirus that emerged in China in December 2019. The Centers for Disease Control (CDC...
Newchip Startup City Video Highlights San Antonio
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Newchip Startup City Video Highlights San Antonio

Spend some time in San Antonio and it’ll be impossible for you to miss the vibrancy and feeling of change that permeates all of downtown. From the rebuilding of the downtown to the people, San Antonio is optimistic about its future prospects. Nowhere is this feeling of exuberance more profound than in San Antonio’s startup community. The Austin-based accelerator program Newchip sent its video producer Armando Vera Carvajal to accompany me on our visit to San Antonio to interview investors for a Newchip series that we are calling “Investor Talks.” It soon became apparent that rather than only talking with investors, we wanted to take the pulse of San Antonio’s startup community. We wanted to know why entrepreneurs decided to build their businesses in San Antonio and get their take on ...
Why You Need to Manage Your Cap Table Plus Free Tools to Help
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Why You Need to Manage Your Cap Table Plus Free Tools to Help

Bookkeeping is tedious, confusing, and often the last thing on an entrepreneur's mind. Yet, understanding the basic elements of startup finance is critical. That comprehension starts with learning how to manage your startups’ cap table. Let’s talk about what a cap table is, how founders typically manage it, and three free online tools you can use to make managing your cap table easier. What Is a Cap Table? A capitalization or “cap” table is a spreadsheet showing the equity capitalization for a company. Most commonly used by startups and early-stage businesses, the cap table breaks down the distribution of a company’s shareholders’ equity. A basic capitalization table lists out each type of equity ownership capital, the individual investors, and the share prices. Your cap table shou...
Six Ways To Kill a Startup
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Six Ways To Kill a Startup

It isn't difficult to get online and find tips for startup success. What often isn't discussed are the unforced errors founders often make when running and scaling a startup. There are six deadly sins that will kill any startup regardless of industry, client-type, size, tenure, or founder skill set. Commit one or more of these mistakes, and it often marks the beginning of the end for a startup. These are extremely difficult to recover from and make the chances of long-term success slim. Failing to establish your startup’s culture and values from the start Successful startups create an engaging culture for all employees from day one. A company culture based on a definable set of values often sets it apart from the companies that will scale up and attract talent and investmen...
The Seven Deadly Sins that Prevent Investors from Funding Your Startup
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The Seven Deadly Sins that Prevent Investors from Funding Your Startup

Guest writer Joshua Lawton-Belous is a serial entrepreneur, angel investor, and an adviser at Newchip. You can follow him on Twitter @alertingmainst and connect with him on LinkedIn. Going after venture capitalists to invest in your company is a lot like dating. Get enough rejections and you’ll start questioning, “what’s wrong with them?” Unfortunately, the question everyone should ask instead is, “What’s wrong with me?” There are times when investors just do not understand what you are trying to do. These types of investors are never going to get what you are trying to do. The dirty secret is most investors don’t care what you are trying to do. They care about making money, their portfolio returns, and how those returns are going to impact their ability to raise additional fu...
The Man Who Reads Thousands of Books: Interview with Read It For Me CEO Steve Cunningham
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The Man Who Reads Thousands of Books: Interview with Read It For Me CEO Steve Cunningham

This post contains affiliate links at no extra cost to you. Please read my disclosure for more information. It is not every day you interview a voracious reader who has consumed over 2,000 business and personal development books and continues to read a book every day. Steve Cunningham condenses the top points from a book each day into a 12-minute video recap for Read It For Me, his book summary service for entrepreneurs and business executives. Cunningham headed a digital marketing agency until 2016 and provided book summaries at first as a side project. The Canadian native launched his San Antonio-based startup in July 2017 after noticing how many marketing vice presidents and business owners he’d meet lacked time to read the business books in their offices. Read It For Me has t...
Startups Share Best Practices for Hiring Interns
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Startups Share Best Practices for Hiring Interns

Memorial Day isn’t just the unofficial start of the summer season. It signals the beginning of summer internships for many college students, especially entrepreneurially minded ones. One source of interns for San Antonio companies comes from Trinity University’s Students + Startups program. Various startup companies in downtown San Antonio are in the process of onboarding 61 interns for the summer, program director Luis Martinez said. Thanks to a grant from the 80/20 Foundation and in partnership with Geekdom, a downtown co-working space, students receive a $4,000 stipend and one hour of class credit in exchange for 10 weeks of full-time experience working at a startup. Programs like Trinity’s makes using inexpensive—or unpaid interns from other sources—an attractive option for cash-...
The Health Cell Spotlights Healthtech and Medical Device Startups
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The Health Cell Spotlights Healthtech and Medical Device Startups

Have you ever wondered about the difference between a healthtech company and a medical device company? Some may think the descriptors are interchangeable but they are not. Regulatory pathways to get a medical device to market are markedly different than what it takes to get a health-focused technology product in the hands of the consumer. The amount of money it takes to launch and develop products for healthtech and medical device companies is not comparable, either. The Health Cell is sponsoring this panel to help innovative entrepreneurs understand the differences, as well as learn what it takes to launch each of these companies. Register here for the lunch, panel discussion, and question and answer period.  The event will take place April 3, from 11:45 a.m. to 1 p.m. at Magnolia Hall...