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November 5, 2012
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Bold Ventures 
 
  • Startup seeks to make it easier for organizations to share vehicles
    A company called Local Motion is offering a module that is designed to enhance sharing within organizations that have fleets of vehicles. "There are 2 million cars in the U.S. in fleets and those cars are meant to be shared, but the existing infrastructure is not as efficient as it should be," co-founder Clement Gires said. The company, which already began deploying its technology in vehicles owned by Google, is going after universities and other large companies. VentureBeat (11/1) LinkedInFacebookTwitterGoogle+Email this Story
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Leading the Pack 
  • A customer-focused management structure
    A French company called FAVI, which makes automotive components, is challenging traditional assumptions about management structure. After Jean-Fran├žois Zobrist took over as CEO, he got rid of the personnel department and told his employees to focus on the needs of their customers. Performance increased dramatically after Zobrist's move to flatten the company's organizational structure. Lifehacker (11/1) LinkedInFacebookTwitterGoogle+Email this Story
Finance & Growth 
  • 3 common financial fears of founders and how to fight them
    Fear can get in the way as you build your business, Amanda Abella writes. It's not unusual to be afraid of declining projects, charging too much or investing money in your business, but you have to overcome these feelings if you want to grow. "If you're having a hard time deciding whether or not to spend some dough, ask yourself, 'A year from now, what would the impact on my business be if I did this -- and if I didn't?'" she writes. TheDailyMuse.com (10/30) LinkedInFacebookTwitterGoogle+Email this Story
  • 4 steps to stepping up your outbound sales strategy
    When developing your outbound sales strategy, it's important to create lead lists that are targeted and manageable, Steli Efti writes. "Focus on smaller lists with defined attributes, and try selling to them one at a time," Efti writes. You should base your process on data and you should keep in mind that e-mail can be a good way to start a conversation with a prospect. TechCrunch (11/3) LinkedInFacebookTwitterGoogle+Email this Story
The Whole Entrepreneur 
  • What startups have in common with religion
    One way a new company is similar to a religion is they both have sacred things; in a startup's case, these sacred things might include the company's logo and core values, according to Kevin Simler. However, elevating something to sacred status "is a bit dangerous as it tends to ignore the existence of tradeoffs (sacred things are considered inviolable), but it can be valuable when used judiciously," he notes. Inc. online/Start It Up blog (free registration) (11/2) LinkedInFacebookTwitterGoogle+Email this Story
Ideas for Innovators 
  • How to establish a common definition of "innovation"
    Organizations have to create a shared definition of innovation to ensure everyone is on the same page, Jeffrey Phillips writes. Once such a definition is developed, it must be communicated throughout the organization in a clear and consistent manner. "Even when a definition, goal or language is specified, most organizations do a terrible job of communicating their innovation requirements, definitions and rationale," he notes. Innovate on Purpose (11/2) LinkedInFacebookTwitterGoogle+Email this Story
Fortune from Failure 
  • The value of creating a "culture of failure"
    Embracing a "culture of failure" is essential for building sustainable startup communities, Mark Suster writes. "Failure is critical. ... Which is why I often tell people to start being entrepreneurs when one is young," he writes. Such a culture seems to have developed organically in Northern California, where the startup community developed from government spending and local research labs. BothSidesOfTheTable.com (11/4) LinkedInFacebookTwitterGoogle+Email this Story
Most Read 

Top five news stories selected by SmartBrief on Entrepreneurs readers in the past week.

  • Results based on number of times each story was clicked by readers.
SmartQuote 
Everything I learned about startups I learned by making mistakes at my first one."
--Mark Suster, entrepreneur turned venture capitalist, writing at BothSidesOfTheTable.com
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