The document discusses managing time effectively for startup success. It notes that startups initially do many tasks to create things but urgency sets in with survival. Priorities then must shift to revenue/traction first through actively managing sales and generating meaningful progress, with spending and funding as lower priorities. The CEO is advised to inventory time, identify top 3 priorities, and schedule priority tasks on their calendar to better manage limited resources. Tracking time use helps align efforts with strategic goals for survival and success.
Talk sharing career paths and experiences on Startups, Academia, & Industry to PhD students considering setting up a Startup.
Some advice to my younger self for building a startup.
Talk to Lowcomote's PhD Student on 2021.11.04.
By: Pedro J. Molina PhD. founder at Metadev S.L.
Jacqueline Hannah from Food Co-op Initiative shares examples of why some start-up food co-ops fail. This was presented at NFCA’s New England Start-up Workshop Day at Monadnock Food Co-op on May 7, 2016.
Characteristics of successful entrepreneurs, How to start a business, Habits of successful entrepreneurs, Some highly successful entrepreneurs - Walt Disney, Small kids who are very successful
Jacqueline Hannah from Food Co-op Initiative shares how to plan for a powerful year of membership growth at NFCA's New England Start-up Workshop Day, May 7, 2016.
No magic pill to become a successful women entrepreneur: Radhika Garg, Rajdar...Radhika Garg
About Radhika Garg:
Radhika Garg is a dynamic and passionate Indian entrepreneur, a part of the Board of Directors at Rajdarbar Group. She has years of experience across several industries and had successfully launched and invested in different business ventures.
Radhikagarg@myiyc.co.in
Attracting & Hiring Your First General ManagerNFCACoops
Bonnie Hudspeth, Neighboring Food Co-op Association, and Michael Faber, General Manager of Monadnock Food Co-op, share tips for attracting and hiring your first General Manager at NFCA's New England Start-up Workshop Day, May 7, 2016.
Bonnie Hudspeth, Neighboring Food Co-op Association, and Michael Faber, General Manager of Monadnock Food Co-op, share a case study of Monadnock Food Co-op's development process and lessons learned.
5 Biggest Business Challenges Entrepreneurs Faceerickjones014
Have you ever wondered, “Why do so many entrepreneurs work so hard and are usually stressed?” Maybe you’re experiencing some of this yourself? Do you ever ask yourself, “Why is it so hard to run a business?” No success story seems to have come easy. In fact, for many entrepreneurs, life can be so challenging, sometimes it’s tempting to just get a job! Why is that the case?
Brian activation, goal setting & millionair mindsetHor Hen
This Presentation will help you to Activate the Brain, With the Goal Setting Principle, Positive Thinking, as well as the Concept of Millionaire and Entrepreneurship.
We help frustrated business owners to achieve breakthrough business results by improving both the performance and profitability of their companies.
Peak Road’s interim management and project teams can provide hands-on help at varying levels within an organization. We primarily work with executives and owners to place interim leaders in a variety of functional areas, such as C-Suite, Business Development, Engineering, Finance, Human Resources, Marketing Operations, Product Management, and Sales.
Venture & Angel Investments for Startups - 2021Crowd Product
The special event series will cover the following:
Raising First Cheque Seed Funding from VC
Why Lead Investor is Important ? How to Find One ?
20 Things Not To Do By A Startup Founder
Katie Hanners of Catholic Charities Fort Worth shares practical lessons in hiring, differences between pro bono and volunteers, ten lessons for social enterprises and more at a workshop hosted in June 2013 by the Social Enterprise Alliance North Texas Chapter.
Time Management Tips - Time Management Formula 1.0 Free TrainingAdriane Jolly
http://timewealthyandwise.com
Time Management is one of the most challenging issues for home-based business owners.
Want to be more Time Wealthy and Wise? How many know this to be true? If you're not organized, you will self destruct. The webinar originally aired 2/24/15 this replay shares with you tips and strategies that will help you break through barriers in your business. To order the full course visit http://timewealthyandwise.com
Leadership Best Practices for Recession RecoveryLeilaBT
January 2010 webinar for SHRM
While better times for your organization and team may not yet be the reality, several signs point to an improved 2010.
To prepare for a healthier economy, managers will have to dust off some old management practices while embracing some new ones. Rushing to hire and curtailing 1:1 time and group discussions are two "don\'t you dare" practices. Emphasizing innovation for everyone\'s sake is a "must do."
Talk sharing career paths and experiences on Startups, Academia, & Industry to PhD students considering setting up a Startup.
Some advice to my younger self for building a startup.
Talk to Lowcomote's PhD Student on 2021.11.04.
By: Pedro J. Molina PhD. founder at Metadev S.L.
Jacqueline Hannah from Food Co-op Initiative shares examples of why some start-up food co-ops fail. This was presented at NFCA’s New England Start-up Workshop Day at Monadnock Food Co-op on May 7, 2016.
Characteristics of successful entrepreneurs, How to start a business, Habits of successful entrepreneurs, Some highly successful entrepreneurs - Walt Disney, Small kids who are very successful
Jacqueline Hannah from Food Co-op Initiative shares how to plan for a powerful year of membership growth at NFCA's New England Start-up Workshop Day, May 7, 2016.
No magic pill to become a successful women entrepreneur: Radhika Garg, Rajdar...Radhika Garg
About Radhika Garg:
Radhika Garg is a dynamic and passionate Indian entrepreneur, a part of the Board of Directors at Rajdarbar Group. She has years of experience across several industries and had successfully launched and invested in different business ventures.
Radhikagarg@myiyc.co.in
Attracting & Hiring Your First General ManagerNFCACoops
Bonnie Hudspeth, Neighboring Food Co-op Association, and Michael Faber, General Manager of Monadnock Food Co-op, share tips for attracting and hiring your first General Manager at NFCA's New England Start-up Workshop Day, May 7, 2016.
Bonnie Hudspeth, Neighboring Food Co-op Association, and Michael Faber, General Manager of Monadnock Food Co-op, share a case study of Monadnock Food Co-op's development process and lessons learned.
5 Biggest Business Challenges Entrepreneurs Faceerickjones014
Have you ever wondered, “Why do so many entrepreneurs work so hard and are usually stressed?” Maybe you’re experiencing some of this yourself? Do you ever ask yourself, “Why is it so hard to run a business?” No success story seems to have come easy. In fact, for many entrepreneurs, life can be so challenging, sometimes it’s tempting to just get a job! Why is that the case?
Brian activation, goal setting & millionair mindsetHor Hen
This Presentation will help you to Activate the Brain, With the Goal Setting Principle, Positive Thinking, as well as the Concept of Millionaire and Entrepreneurship.
We help frustrated business owners to achieve breakthrough business results by improving both the performance and profitability of their companies.
Peak Road’s interim management and project teams can provide hands-on help at varying levels within an organization. We primarily work with executives and owners to place interim leaders in a variety of functional areas, such as C-Suite, Business Development, Engineering, Finance, Human Resources, Marketing Operations, Product Management, and Sales.
Venture & Angel Investments for Startups - 2021Crowd Product
The special event series will cover the following:
Raising First Cheque Seed Funding from VC
Why Lead Investor is Important ? How to Find One ?
20 Things Not To Do By A Startup Founder
Katie Hanners of Catholic Charities Fort Worth shares practical lessons in hiring, differences between pro bono and volunteers, ten lessons for social enterprises and more at a workshop hosted in June 2013 by the Social Enterprise Alliance North Texas Chapter.
Time Management Tips - Time Management Formula 1.0 Free TrainingAdriane Jolly
http://timewealthyandwise.com
Time Management is one of the most challenging issues for home-based business owners.
Want to be more Time Wealthy and Wise? How many know this to be true? If you're not organized, you will self destruct. The webinar originally aired 2/24/15 this replay shares with you tips and strategies that will help you break through barriers in your business. To order the full course visit http://timewealthyandwise.com
Leadership Best Practices for Recession RecoveryLeilaBT
January 2010 webinar for SHRM
While better times for your organization and team may not yet be the reality, several signs point to an improved 2010.
To prepare for a healthier economy, managers will have to dust off some old management practices while embracing some new ones. Rushing to hire and curtailing 1:1 time and group discussions are two "don\'t you dare" practices. Emphasizing innovation for everyone\'s sake is a "must do."
4 STEPS TO EFFECTIVE TIME MANAGEMENT - turning time into productivityTom Fox
4 steps you can do to make your time more productive, better connect what you do to what you achieve, reduce your stress and help better manifest your success. Try these techniques over 2 weeks and you will see results
Here are twelve new tips that will help you look like a leader by holding more effective meetings.
How do your meetings compare to this list?
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I began a business journey in 1990 with a $200 investment and have over the last 22 years been involved as a Director or CEO in growing three technology companies that combined have sold for well in excess of $100m. These slides represent my attempt to record my lessons learned and what I consider are the success factors.
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One of the biggest things you need to manage as an SEO is other people. In this conference deck from Search Marketing Summit in Sydney in May 2022, I talk about how I approach stakeholder management specifically through the lens of SEO and digital marketing.
Similar to Portland Ten- Managing Time for Higher Performance (20)
2. Intro: Carolynn Duncan
Founded Portland Ten to create 10 high-growth startups in the
state of Oregon, the first of which just reached $1M in revenue
(ShopIgniter).
Managed 30 Portland startups in the past 18 months, met with
& advised more than 300 startups in the tech, startup, &
angel/venture capital networks in Seattle, Portland, southeast
Idaho, and Salt Lake City region in the past 4 years.
Launched, co-launched, or assisted in 5 early stage venture
development projects: FundingUniverse Northwest, EPIC
Venture Fund-- a Draper Fischer Jurvetsen affiliate fund, Eastern
Idaho Entrepreneurial Center in partnership with Idaho National
Laboratory, Hundred Dollar Business, Provo Labs Seed Fund.
3. Intro: Portland Ten
Entrepreneur development organization with the mission to get 10 Portland
companies to $1MM within 18 months.
30 alumni, 5 cycles of 2 bootcamps (Portland Ten, Six Week Sprint), 25
Community Partners & Sponsors , 5 advisors, 5 staff, 10 volunteers, started
Feb 2009.
Profile client: ShopIgniter, $3MM of venture capital within 6 months of
graduating, $1MM in revenue within 12 months. Initial team of 3. now 18+
Partners with PDC, NedSpace, OEN, Voyager Capital, Willamette University,
Mercy Corps NW, Perkins & Company, Davis, Wright Tremaine, Silicon Valley
Bank, Startup Weekend, Civic Apps, FundingUniverse, and many more.
Grant by Portland Development Commission: $35,000, May 2010.
4. Intro: Today’s Meeting
Managing Time for Higher Performance
• Maximize the team's available time through
identifying your startup’s highest/lowest
priorities.
• Do a self-check to see if priorities are being
implemented across the team, and review
simple tactics that drive time efficiency.
5. Problem 1:
Starting from Zero
When you start out, nothing exists. The business is an
exclusive result of your team’s efforts.
• If you don’t make a sales call, sales don’t happen.
• If your dev team doesn’t write code, the product
doesn’t exist.
• If you can’t keep the team on board & moving forward,
it falls apart.
6. You quickly learn that effort= tangibility.
“We do a task, therefore something exists.”
So, your ambitious team starts doing a variety of tasks:
Telling the story. Working on the business model.
Developing the product. Holding team meetings. Talking
with investors. Going to networking events.
7. For a few months, life is great.
Maybe even that first year.
You’re living the dream! You’re an entrepreneur.
8. All of a sudden, something happens.
• Someone’s savings dry up.
• The sales cycle is much, much longer than expected.
• A cofounders’ spouse stops being willing to be the
“sugar mama”.
• Loan payments become due.
• Friends & family start hinting around at when they
might get repaid.
9. Problem 2:
The Survival Instinct Creates Urgency
You start to feel a sense of urgency. The mortality rate for
startups (50-90%) is the standard, not the exception.
What if you don’t make it? Things become very
straightforward: you have X months to get things
together, or you’re done. You need X dollars to get there,
and you currently have 1/X to do it. Or in some cases, -X.
You can see the writing on the wall: if you don’t secure
funding or generate revenue, it’s game over.
10. Problem 2:
Converting Chaos Into Survival
So, to bridge from where you are, to where survival
is, your job continues to be to manage low budgets,
go after critical developmental milestones, tell the
story, make sales, raise funds, make payroll, keep
burnout in check, and somehow keep stress levels
low enough to maximize your efficiency.
Except now, if you’re not effective and efficient,
your team will disintegrate, and you’re just another
statistic.
14. Focus, Execution, Priorities
• Fear of mortality creates a sense of urgency,
which results in focus.
• For possibly the first time, you’re now
completely focused on execution.
• You immediately begin deploying time &
resources into your key priority areas.
15. But wait— what are your priorities?
• Short term: don’t die.
• Long term: extend the runway as long as
possible.
16. Typical Startup Priorities
1. Fighting fires
2. Going after funding, telling “the story”
3. Adding warm bodies to the team
4. Getting the product developed
5. Working on marketing materials
6. Figuring out the value prop
7. Hanging your hopes on 1 or 2 major accounts
17. Successful Startup Priorities
1. Actively managing a sales pipeline
2. Generating high-profile and meaningful traction
3. Clarifying the value prop/marketing message
4. Developing and deploying the MVP
5. Making the team secure & effective
6. Utilizing all current assets & converting assets
into social capital & cash opportunities
7. Attracting funding & major stabilizing resources
18. Revenue Traction Biz Dev Prod Dev Team Resources
Runway/survival-generating formula:
Revenue Driven
(Sales as First Priority)
Resource Conservative
(Spending/Funding as Last Priority)
21. CEO Calendar
Get out your calendar from last week.
What % of time was dedicated to:
Priority 1?
Priority 2?
Priority 3?
Is the way you’re spending your time, aligning with
your top 3 priorities?
22. Blocking Out Time
Identify the # of hours that need to be allocated
for each priority— 1, 2, 3.
Schedule them (block them out) on your
calendar.
Track this for a week, see how it goes. How well
are managing the $16K worth of time inventory
you’re spending?
23. Some Time Mgmt Tactics
• Do priority 1-3 tasks first, then fit everything else in around.
• Whenever possible, have people adjust to your calendar–
give them some days/times during your available blocks of
time, near your location.
• Commit to spend less than 50 hours/week on work, and
block other times (weekends, evenings) as non-work zones.
• Do the time inventory/calendar activity with your staff as
well! How well is your team managing the company’s
inventory of human capital?