Here’s what’s happening at Disrupt 2020 today

Rise, shine and build your business startup fans. It’s day four of Disrupt 2020, and this is your daily snapshot of just some of the heavy-hitters, events, breakout sessions and all-around opportunity that’s yours for the taking.

Looking for the complete lineup? You’ll find it in the Disrupt agenda. Note: unless otherwise stated, all times are PST. Kicking yourself for not jumping on the opportunity bandwagon? Simply buy a Disrupt pass here, and kick your regrets to the curb.

Buckle up, folks — you’re in for a great day.

Athleisure wear is one of the hottest trends in retail, and it’s certainly a popular work-at-home wardrobe during a pandemic. Head to the Disrupt Stage and join comedian/tech investor Kevin Hart and Fabletics’ Adam Goldenberg for Retail is in the Details. They’ll talk about the company’s future and the type of tech Hart may invest in next (9:05 a.m. – 9:30 a.m.).

Everybody loves robots, but not many people know more about them than Boston Dynamics’ Robert Playter. You’ll find him on the Disrupt Stage talking about the company’s transition from robotics research to commercial production. Don’t miss Putting Robots to Work (10:00 a.m. – 10:20 a.m.)

We trust you haven’t missed a minute of the always-thrilling Startup Battlefield pitch competition. Still, a reminder never hurts. Session four takes place on the Disrupt Stage. Don’t miss watching today’s cohort lay it all on the line for a shot at $ 100,000 (10:40 a.m. – 11:45 a.m.).

Okay folks this session, Under the Radar, is a big, big deal. Legendary VC and Silicon Valley force of nature, Benchmark’s Peter Fenton joins us on the Disrupt Stage for a rare interview. Topic? The future of startups and venture capital (11:45 a.m. – 12:05 p.m.).

Head to the Extra Crunch Stage for product development tips from current and former product heads at places like Facebook, Zoom, Slack, Hulu and Oculus. Zoom’s Oded Gal, Advisor’s Eugene Wei, Slack’s Tamar Yehoshua and Inspirit’s Julie Zhuo will discuss How to Iterate Your Product (11:50 a.m. – 12:45 p.m.).

Data security is everyone’s concern — from budding startup founders all the way up to the NSA. Don’t miss Spycraft and Cybersecurity and the opportunity to hear Anne Neuberger, head of the NSA’s new Cybersecurity Directorate. She’ll take to the Disrupt Stage and discuss cyber threats, disrupting foreign adversaries and helping you improve your own cybersecurity (1:00 p.m. – 1:20 p.m.).

Whew, that rundown should whet your appetite for the day ahead. Connect, inspire, collaborate and take advantage of all the tips, advice, tools and opportunity Disrupt 2020 offers.

Still standing on the sidelines? You have two full days left to Disrupt and reject regret. Buy a Disrupt pass right now.

Startups – TechCrunch

In a Financial Rut? Here’s How 3 Creative Business Owners Mastered Money

Do you dislike dealing with the financial side of running your business? You’re not alone. Many entrepreneurs go into business to do something they are good at, or to fill a creative void. Spending time with accounting software and spreadsheets, however, isn’t often on their list of ways they want to spend their time.

The good news is, you can learn to master money, as the following entrepreneurs illustrate. These entrepreneurs demonstrate how they balance the practical aspects of running a business, including their finances, without losing inspiration.

StartupNation exclusive discounts and savings on Dell products and accessories: Learn more here

Master the financial basics to make better business decisions

Six years ago, Brittany Whitenack started hand-pouring candles. Little did she know that she was building a business that would continue to grow and expand. Her company, Antique Candle Co., now employs 34 people and every candle is still poured by hand. While creating and selling candles is her passion, she acknowledges that she wouldn’t be where she is today without embracing the less sexy side of her business: the financials.

Whitenack says that one of her keys to success has been mastering the financial side of her business. She’s invested time in better understanding her accounting software, she reviews her financials weekly and uses the information they provide to help drive changes as needed.

She explains:

“I spend the most time assessing the Profit & Loss Statement (PNL); specifically, the expense lines for payroll, overhead, shipping costs, and raw materials. One area I’ve specifically been targeting is our shipping costs. As an e-commerce business, it costs us an enormous amount of cash to ship candles. They are heavy and fragile, which is reflected in how much we pay our shipping carriers to ship thousands of candles every day. By evaluating the PNL, I’m able to detect any abnormalities or changes in shipping costs. The carriers like to increase rates all the time! Sometimes that’s a signal to reevaluate our carrier or negotiate better rates.”

Whitenack encourages entrepreneurs to take a hands-on approach to their financials, too.

“I would strongly suggest that you take a class to understand the basics,” she said. “If your goal is to have a profitable business—and not a hobby—then it’s imperative that you are comfortable with your finances, even if you hire an accountant or bookkeeper to help.”

Strategy: Invest in learning the basics of bookkeeping and reading financial statements to make better business decisions.

Related: Strategies for Strengthening Your Business During the Pandemic

Understanding your finances pays off during tough times

Angie Donatone is the director and owner of Sunshine Kids Day Care LLC. She’s made it a priority to know her numbers, and she says knowing her financials has been a big part of the reason she’s navigating the coronavirus so successfully.

During the pandemic, Donatone made the shift to caring for children of essential workers. She also shifted money from payroll to supplies, including purchasing masks and gloves.

“A lot of us open daycares because we have the heart for children and their families,” Donatone said. “But the majority (of entrepreneurs) who own and operate daycare aren’t knowledgeable about finances.”

Her journey to shore up her finances started in October 2019, before anyone had heard of COVID-19. She joined a coaching program called Cash Flow CEO and focused on organizing her finances, maximizing capacity, and creating another income stream. She says that groundwork was essential to allowing her to work on her business and not just in her business.

While it hasn’t been easy, her creative approach to her business has paid off:

“The business is going great,” Donatone said. So much so that she’s planning on opening another facility in the near future.

Strategy: Invest in the skills you need to work on your business, not just in it.

But, don’t let the focus on your financials hinder your creative spark

Michelle Garcia’s business, Heirloom Catering, has dealt with two crises recently: a personal health crisis last year that left the founder and CEO running her business from her hospital bed for a time, and then COVID-19 this year. Still, her catering business was one of the first in her community to pivot when the crisis hit.

Garcia’s business has traditionally worked with local farmers, ranchers and artisan food markers, and she wanted to continue to support them throughout the crisis. She quickly shifted her business to home-delivered meals, as well as a grocery delivery and pick-up service that disbursed $ 45,000 in 10 weeks to other local businesses.

She hired Kristy McDonough, who specializes in helping restaurants create new revenue streams, to run the online store that Garcia said was created “in a fast and furious way.” That, along with a PPP loan and EIDL, have helped Garcia to keep her doors open. In addition to her catering business, a cafe that was in the works when COVID hit is now open, as well.

Garcia admits it’s been tough. She’s spent countless hours analyzing her financials. She uses accounting software and credits her accountant for helping keep her afloat. She also attributes the community support she’s received as one of the reasons she’s still in business.

Lately, though, Garcia said it feels like she’s consumed with crunching numbers, applying for loans and all of the tasks she dislikes most about running her own business. While she continues to focus on her financials, she said it’s time to prioritize the creative aspects of her business again, the ones that made her want to be an entrepreneur in the first place.

Strategy: Stay on top of your finances, but don’t let them quash your creativity.

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Bottom line: Put your financials first

Belinda Rosenblum, CPA and creator of the Cash Flow CEO course that Donatone participated in, works with many creative entrepreneurs to help them master money. She has found that most people start their businesses based on a passion, but without understanding the money side of their business, they often create an expensive hobby.

“There’s no money management ‘prerequisite’ to becoming a business owner,” Rosenblum said. “No course, plan, or test to prepare you. So, you’re left to figure it out as you go, trial-and-error style. You make mistakes and learn from them, but soon realize that every single little ‘lesson’ costs you… and eventually adds up.”

She encourages entrepreneurs to take the time, no matter what stage of business you are at, to get a better handle on the money flow in your business.

“Knowing your numbers and strategically growing your profit are essential to creating a sustainable business,” Rosenblum said.

She also added that getting a clear handle on your finances can help you to:

  • Determine the right revenue streams to pursue and the necessary actions to take each day toward achieving your goals.
  • Know your value in the marketplace and charge accordingly.
  • Spend on items for the best return on investment for your growth.
  • Plan for profit and not just for revenue.
  • Maximize your time doing what you love (and what you’re great at).

You’ll never be nearly as successful as you can be until you know your numbers, and until you know how to manage them in order to align with what matters most to you and your business, Rosenblum explained.

“You can create income for yourself and create impact with your talents and skills,” she said. “They don’t have to be mutually exclusive. Money can help fund both.”

The post In a Financial Rut? Here’s How 3 Creative Business Owners Mastered Money appeared first on StartupNation.


Louisville tech company, Slingshot, launches new startup initiative — here’s how it works – Louisville Business First – Louisville Business First

Louisville tech company, Slingshot, launches new startup initiative — here’s how it works – Louisville Business First  Louisville Business First
“startups when:1d” – Google News

Here’s what’s on tap for day two of Disrupt 2020

Who needs caffeine after day one of Disrupt 2020? Don’t know about you, but we’re flying high on entrepreneurial euphoria. Are you buckled in and ready to take on day two? Let’s look at just some of the events of the day. You’ve got your work — and fun — cut out for you trying to take in all the stellar startup goodness. Remember, this is merely a taste — you’ll find all the action listed in the Disrupt 2020 agenda. Note: unless otherwise stated, all times are PST.

We have a terrific bunch of breakout sessions scheduled throughout Disrupt. Case in point: Want to create meaningful change in your organization? Don’t miss this timely topic — Diversity as Disruption: Take action now to create a more diverse ecosystem with BBG Ventures’ Nisha Dua; SVB Capital’s Jennifer Friel Goldstein; Moxxie Ventures’ Katie Stanton; and Harlem Capital Partners’ Jarrid Tingle. Hosted by Silicon Valley Bank (9:00 a.m. – 9:50 a.m.).

You’re no longer limited to presenting a pitch deck IRL, and that changes everything. Head over to the Extra Crunch Stage to learn How to Craft Your Pitch Deck for 2020. Sequoia Capital India’s Rajan Anandan; Floodgate’s Ann Miura-Ko; and Plexo Capital’s Lo Toney discuss the latest tactics founders are using around the world (9:45 a.m. – 10:30 a.m.).

Who in the startup world wouldn’t want a crystal ball to gain a better understanding of what’s to come? Well, we don’t have one, but we do have the next best thing. Join Roelof Botha, U.S. head of Sequoia Capital, on the Disrupt Stage for Looking into the Future (9:45 a.m. – 10:05 a.m.).

When you think “startup cred” you can’t help but think about Drew Houston. Head to the Disrupt Stage for Thinking Outside the Dropbox and hear what the super-founder’s company is doing to expedite digital transformation (9:45 a.m. – 10:05 a.m.).

Every early-stage startup founder needs to make it rain — the harder the better. But knowing when and how to start ain’t easy, and one misstep can really set you back. Do you fit the description? Then show up for How to Raise Your First Dollars over at the Extra Crunch Stage with Inspired Capital Partners’ Alexa von Tobel; Homebrew’s Hunter Walk; and Cowboy Ventures’ Ted Wang (12:00 p.m. – 12:45 p.m.).

Don’t miss the world-premiere of the documentary film, Speed of Thought: The First 5G Visionaries on the Disrupt Stage. Industry leaders — Movers and Shakers NYC’s Glenn Cantave and Idris Brewster, along with Verizon Communications’ Sanyogita Shamsunder — will discuss the urgent need for 5G tech and solutions (1:30 p.m. – 3:20 p.m.). Brought to you by Verizon.

That should whet your appetite and keep you excited, informed and connected. We still have passes available to get onto the platform and join the community or you can upgrade your Disrupt Digital Pass to a Digital Pro Pass for even more access. Opportunity’s pounding on the door…go open it!

Startups – TechCrunch

Here’s what’s happening today on day 1 of Disrupt 2020

Welcome to Day One of Disrupt 2020, our biggest Disrupt ever! Over the next five days (cue Star Trek theme), you’ll explore strange new technology, seek out new opportunities and new collaborations. You’ll boldly immerse yourself with the global startup community. There’s still time to register if you haven’t picked up your pass to attend. Just head to our ticket page and sign up!

Day one, right. Here’s a snapshot of what you can expect today at Disrupt — speakers, breakout sessions, events and interesting people. It’s by no means a comprehensive list. For that, refer to our action-packed agenda. Note: unless otherwise stated, all times are PST.

Are you ready to Disrupt?

Don’t forget to have fun over the next five days. Download the Trivia Royale app (Google Play) (App Store) and start playing TechCrunch Trivia. Whoever ranks number one on the leaderboard at 1 p.m. (PST) on September 18 receives a TC Swag Bag mailed to their location.

Funding — it’s top-of-mind for everyone, especially in a tough economy. Head to the Extra Crunch Stage for How to Raise Money in a Dumpster Fire with Initialized Capital’s Garry Tan; YC’s Anu Hariharan; and GGV’s Hans Tung (9:05 a.m. – 9:45 a.m.).

Let the Startup Battlefield pitch competition begin! Don’t miss the first of four cohorts as they step onto the Disrupt Stage to compete for $ 100,000 (10:30 a.m. – 11:35 a.m.). Check the agenda and tune in to subsequent Startup Battlefield sessions — one scheduled on each day of the show.

Learn how to build a better pitch deck during the Pitch Deck Teardown. Top investors critique submitted pitches live on the Extra Crunch Stage (10:50 a.m. – 11:30 a.m.).

All startup experiences are not created equal. Join AptDeco’s Reham Fagiri; Squire’s Songe LaRon; and Y Combinator’s Michael Seibel on the Extra Crunch Stage for The Black Founder Experience: Tactical Advice for Underrepresented Entrepreneurs (11:45 a.m. – 12:30 p.m.).

Learn more about low code/no code and what it takes to turn it into a user-friendly service. Join Airtable’s Howie Liu on the Disrupt Stage for Building a Low-Code Unicorn (12:25 p.m. – 12:45 p.m.).

FOMO, the fear of missing out, can strike hard with so much great stuff going down. Don’t worry, though, we’ve got you covered over at the Disrupt Desk. The TC crew will be at the Disrupt Stage — for 25 minutes several times each day throughout the conference. Catch up on what you’ve missed from across the show and get a sneak peek at new technology, demos, news and more. Check the agenda for exact times and stop on by whenever you feel like hanging out with us.

That’s your Day One teaser, folks. Didn’t register for Disrupt? No need for regret — you can still buy a pass. Now, get out there and boldly go.

Startups – TechCrunch

[Superpedestrian in Geekwire] Seattle selects three scooter companies to apply for permits — here’s what sets them apart

Lime, Wheels and LINK emerged Friday from a selection process that attracted interest from nine scooter share companies. The three companies will be allowed to operate up to 500 scooters each at the outset, and that number could grow to 2,000 for each operator.

Read more here.

The post [Superpedestrian in Geekwire] Seattle selects three scooter companies to apply for permits — here’s what sets them apart appeared first on OurCrowd Blog.

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