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AlleyWatch

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6 Tips for Negotiating Effectively

Advice - The word “negotiating” often brings to mind hard-nosed business people in suits, stubbornly bidding over the details of a deal.  It’s assumed that if one person “wins” the war, someone has to lose.  Not so.  Business has evolved past the point of needing to be a tug of war between ego-driven people who refuse to lose.     Here are 6 tips for...


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School of Business
Advice - My co-founder and I both attended Wharton as undergrads, where we “concentrated” in entrepreneurship (in addition to finance, accounting, legal studies and philosophy).  Within the confines of a semester, we wrote multiple...
jim_estill
Advice - Today, we speak with Women Innovate Mobile mentor, Jim Estill.   In 1979, Jim Estill started a computer distribution company, EMJ Data, from the trunk of his car.  With a great team, he built the company up to $350,000,000 in...
bootstrapping
Advice - Sourcing capital for your startup is never easy, especially prior to product completion and before the proof-of-concept the traditional venture investors are looking for is done.  Oftentimes, the only way to get your business from...
Ian sanders
Advice - Today, we speak with Women Innovate Mobile mentor, Ian Sanders.   Ian Sanders is a business storyteller, opportunity explorer, writer for the Financial Times and author.  Since 2000, he has worked independently as a...
friends_family
Advice - My family emigrated from Lima, Peru to the United States before I was born to give me a shot at the American Dream.  I owe everything I’ve achieved so far in my life to my parents, which is why it’s my goal to support them...
entrepreneurial_mindset
Advice - “Nothing can stop the man with the right mental attitude from achieving his goal, nothing can help the man with the wrong attitude.” -Jefferson   It’s often said that the primary reason startups fail is a lack of...
product disconnect
Advice - “Why don’t you give Karen a call?”   I was chatting with Ryan Armbrust, an Associate at ff Ventures, about their portfolio companies.  ff Ventures is one of those rare VCs that has built a dedicated infrastructure within...
hard_questions
Advice - Fundraising?  Make sure you know how to answer some of the toughest questions VCs will throw at you..   What Is Your Hole? "The classic VC role is that of an interrogator, trying to break you for a key secret. But it...
red flag
Advice - In previous articles, I have occasionally mentioned “red flags” which every potential investor unconsciously listens for. Other writers, like Guy Kawasaki, have irreverently called some of these “entrepreneur lies,” but I prefer...
JOBS-Act-480x300
Advice - The Jumpstart Our Business Startups Act (the “Act”) was signed into law by President Obama on April 5, 2012. The Act effectively increases the number of choices private companies have to raise capital. Certain provisions of the JOBS...
College Library Reading Room
Advice - For entrepreneurs, business school presents a unique set of choices and opportunities that can drastically alter a founder’s chance of success — for better or worse.   I founded Troop ID while I was an MBA candidate...
adoraudoji
Advice - Today we speak with Women Innovate Mobile mentor, Adaora Udoji.   Adaora is the founder and marketing director of The Boshia Group, a network of content creators, developers and strategists.  The network provides media...
introduction
Advice - I ask for and receive a lot of requests for introductions.  Whether it’s someone at a company looking for a partnership or job, an investor, a journalist or someone else, it’s an integral part of pretty much any profession.  At...
marketing_lessons
Advice - In the most basic of terms, marketing is getting your customers to know who you are and what products and services you offer.  While that’s a very outward, customer-centric view, we’d argue that marketing is also responsible for...