The oceans cover 70% of our planet’s surface with a vast expanse of sea water. Marine life has adapted to thrive in the extreme ambient conditions found in the sea. Human beings have been relying on the ocean’s resources to sustain themselves. Fishing is one of the main activities we carry out at sea. However,…
DomainInvesting.com: In response to yesterday’s article about using contact forms to sell domain names, two readers asked me for more information about my usage of Dropping.pro. I find the Lead Generation tool helpful, and I will share some more information about how I use the tool to find prospective buyers for my domain names. When I […]
I am building a data driven lead generation platform using python for a class project. The solution generates relevant leads by matching data from your CRM + well defined personas + activity on the internet on who is buying in companies and other configurable filters.
The goal is to discover good fit leads based on who is currently buying or planning to buy soon. Once you have the leads, you can run email campaigns from within the platform. Analytics from the campaigns goes back into the feedback loop to improve the lead search.
Would something like this be useful to you? Would you be interested in learning more? Here is a view of the front page – https://imgur.com/a/Z4dTDiT
To say that the COVID-19 pandemic and ensuing economic crisis has created immense challenges for entrepreneurs and business owners is an understatement. Like the 2007 to 2009 economic collapse, the downturn happened so quickly. Both have been compared to the Great Depression in its catastrophic impact, but that’s where the similarities end.
This is my second financial downturn, and the lessons I learned from growing my business during the Great Recession have prepared me to be a better leader in this current crisis – a time when companies must radically pivot to keep their businesses viable and employees must reexamine their roles in a rapidly evolving workplace.
There are very few industries that haven’t been severely impacted by the pandemic. Among those hit hardest have been transportation, sports, entertainment, retail and restaurants. Earlier this summer, for example, United Airlines announced it could be laying off or furloughing up to half of its workforce—a staggering 36,000 employees—this fall, and an ESPN analysis projects that sports leagues will lose $ 12 billion in revenue. Experts predict that it will be a matter of years before businesses recover to pre-pandemic benchmarks.
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Leading during times of uncertainty
In 2007, I was in my mid-20s and a small-time developer. I saw many major players get wiped out and learned just how quickly things could go bad. But in the aftermath, I developed several principals and strategies for succeeding after a downturn. I learned the necessity of being proactive so I could be best positioned to take what the world had to give as the business climate improved.
In business, the fundamentals still apply in good times, but especially in bad times.
If you are an entrepreneur just now staring out, it’s essential that your business fills a basic need with its product or service.
Also, do not set your goals too low. Consider all of your ideas and laser focus on one or two that may not be the easiest to get done but will have the biggest payoff when they do.
One of the most important things you can do is to stay motivated and not just settle for returning to the status quo once the pandemic has passed. A key question you should be asking yourself is, “How will I come out of this downturn and set myself up for more growth?”
You need to develop a proactive mentality. It is never easy to make a change or to reinvent yourself (I’ve been recreating myself all my life!), but now is an ideal time to take stock. Is your company growing? How are you continuing to manage this current crisis?
I strongly recommend that you lean on your employee base. This is their time to shine, to step up and participate. We pick our employees because they are passionate self-starters. They have been conditioned to thrive during hard times, because out of a downturn comes opportunities for huge growth.
The best investment you can make in this time of uncertainty is to hire good people. The current crisis is part of the story you tell about where your company is now and where it is going to be. Investors want to hear how you will meet the new demands of a changing world.
If there is anything that 2020 has reminded us, it is that you cannot and must not freeze up. If you do, the world passes by. That was my takeaway from 2008. At that time, many people could not operate or make a decision, but I aggressively bought apartments. I knew that people were being foreclosed on and would have to rent, meaning rentals were a great place to invest. I am operating under the same mentality today.
Above all, the utmost responsibility of an entrepreneur, especially in a downturn, is to communicate that everything is going to be fine. This hit home for me when I tested positive for COVID-19. I presented a calm and positive attitude across the board, even when I was experiencing fears. You cannot just pray for the downturn to go away. At the peak, when everybody was concerned about the effects of the pandemic, I considered it important to keep a level head and lead with a positive message. Your employees, investors, and especially your family, need reassurance that you have faith in your business plan, vision and ultimately, yourself.
Leading in times of uncertainty is all about persistence. So, how will you react?
The post How to Lead Your Business Through Times of Uncertainty appeared first on StartupNation.
E-bike startup VanMoof has raised a $ 40 million investment from Norwest Venture Partners, Felix Capital and Balderton Capital. The Series B financing comes after a $ 13.5 million investment in May. The funding brings VanMoof’s total raised to $ 73 million and furthers the e-bike brand’s ultimate mission of getting the next billion on bikes.
The Series B funding will be used to meet the increased demand, shorten delivery times and build a suite of rider service solutions. It also aims to boost its share of the e-bike market in North America, Europe and Japan.
Partly driven by the switch of commuters away from public transport because of the COVID-19 pandemic, the e-bike craze is taking off.
Governments are now investing in cycling infrastructure and the e-bike market is set to surpass $ 46 billion in the next six years, according to reports.
Ties Carlier, co-founder of VanMoof, commented: “E-bike adoption was an inevitable global shift that was already taking place for many years now but COVID-19 put an absolute turbo on it to the point that we’re approaching a critical mass to transform cities for the better.”
VanMoof says it realized a 220% global revenue growth during the worldwide lockdown and sold more bikes in the first four months of 2020 than the previous two years combined.
Stew Campbell, principal at Norwest said: “Taco, Ties and the VanMoof team have not only built an unparalleled brand and best-selling product, but they’re reshaping city mobility all over the world.”
Colin Hanna, principal at Balderton: “As the COVID-19 crisis hit supply chains worldwide, VanMoof’s unique control over design and production was a key advantage that allowed the company to react nimbly and effectively. Moreover, VanMoof’s direct to consumer approach allows the company to build a close relationship to their riders, one that will be strengthened by new products and services in the years to come.”
DomainGang.com: An article describing a recent data breach at Digital Point – the world’s biggest webmaster forum and marketplace for web related services – is definitely alarming. According to the report, a Digital Point data leak contained data of 863,412 users thanks to a database that was not password-protected. What was leaked…
Why does a big product launch almost always mean a failed product in tech, think products like:
- Airtime (Spent millions in marketing) competing with Chat Roulette and lost)
- Google Glass (Sergey Brin parachuting into Moscone Center)
- Quibi (Currently spending millions, but looks like they will fail)
Then we have the biggest tech products and they never had a launch:
- The company that I founded and now has 46 million users (can't say the name as it breaks the rules here)
Here is why you should never invest in a big launch. If the product is bad it is a waste of money, if the product is great they will find the product anyway.
Great products release early, listen to their users, and improve. You can’t do that if you do a big launch. A big launch means a finished product. A tech product is never “finished” on the first launch.
Am I wrong? Give me examples that prove the opposite?
We are a pre-seed funded startup focussing on building an industrial analytics platform.
We use data from existing sensors (heavy industries) on machines, and apply analytics to find actionable insights.
Where we are:
- Currently in trials with 2 industrial companies
- Successfully delivered 1 data trial and now commercially discussing
- Just been funded to accelerate product development and build
- We are based in the UK (generally get boxed in predictive maintenance but that's just a start)
- Current team of 3 (CEO + Data Science + Sales – all friends and average 8 years of industrial experience each)
- Competitors usually that get mentioned, Uptake, Datadog (incorrectly), OEM services (GE Predix for example), MachineMax, QIO, etc
- A tech lead who has experience of productionising ML/AI models, on time series data (a type of data in industrial)
- Experience of IoT would be great, but more importantly, understanding the different data relationships and the AWS platform elements would be fun
- Full-time (remote is ok, EU preferred for time zone reasons)
DM me for a chat or comment.
If the format is wrong or can't do here, let me know and can remove it.
A hyperloop system involves passengers or freight transported by pods elevated by magnets, which travel within raised pipes. The pods can be propelled at 620mph (1,000kph), says Jay Walder, boss of Virgin Hyperloop One, one of the firms pushing the idea
Read more here.
Romanian startup Innoship, the SaaS solution that enables e-commerce businesses to integrate and orchestrate multiple last-mile delivery options, has announced a seed investment from GapMinder VC. The investment of €550K comes just six months after the commercial launch of its solution.
Founded in 2019, Innoship is an aggregator of multiple fast delivery options for retail and e-commerce companies. Its platform democratizes access to advanced technology for retailers of all sizes, helping them to efficiently manage their courier contracts, and offer customers multiple delivery options and shipping services, at a minimal cost. Overall, Innoship streamlines the costs of courier services by up to 25%, and increases delivery performance by up to 15%.
Innoship implemented its solution for its first customers at the beginning of 2020 and currently manages approximately 20,000 daily orders. The Innoship solution can be integrated with all large e-commerce platforms, warehouse management systems, ERP (enterprise resource planning), fulfillment and marketplaces active in Romania and regionally. So far its client portfolio includes well-known names in the local e-commerce and distribution ecosystem, such as Miniprix, Kalapod, OLX, Depanero, Network One Distribution, Dentstore, Oralix, Topline, xpertbeauty.ro, Arco Expert, Algernon, green-future.ro, mezoni.ro, Generalmotor, and many others.
Founding partners – Daniel Nicolae, Andrei Paul, Dan Ungureanu and Robert Tănase – have long experience in companies such as Orange, Penny and Urgent Cargus. Cătălin Grigorescu, a well-known lawyer specialized in technology in the region, joined the team in 2020, as an investor and strategy and business advisor.
Daniel Nicolae, CEO and co-founder of Innoship, stated: “Consumer demand for multiple delivery options and better quality of shipping services poses huge challenges for retailers and ecommerce companies to manage the last-mile delivery efficiently. We created the Innoship platform as an advanced aggregator and orchestrator of multiple last-mile delivery options to help ecommerce businesses gain consumer confidence, increase conversions, and drive repeat buying by building loyalty. Most importantly, Innoship is fast and easy to adopt by retailers and ecommerce companies, being, one the one hand, integrated with all delivery companies and, on the other hand, with the most important ecommerce platforms, ERP, WMS, already used in existing processes.”
The startup’s recent seed round will be used to accelerate the growth of Innoship adoption among retailers in the Romanian market and boost its first steps towards internationalization, all the while speeding up the development of new functionalities on its platform.
Cosmin Ochișor, Partner at GapMinder Venture Partners, said: ”By using Innoship, online retailers can benefit of a machine-learning powered solution which fits their current workflow, a solution that is very easy to integrate and creates immediate benefits by both boosting the customer satisfaction and optimizing the shipping related costs. The €550K seed round for Innoship is a new step in implementing our investment strategy focusing on companies that immediately and pragmatically use technology to optimize existing business models.”