The recently formed Link consortium includes tech startups and large companies, which together are discussing ways to repair problems in the global supply chain that became prominent in the early days of the coronavirus pandemic. The group meets two to three times annually, and the startups are sharing their programs with the larger companies.
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Micromobility startup Unagi has launched a monthly scooter leasing program in New York and Los Angeles, promising sturdy vehicles -- and repairs within 24 hours. But a few factors may limit the offering's success: People don't like using scooters in bad weather, scooters aren't popular in communities of color, and monthly passes for bicycle ride-share programs are roughly one-eighth of the price Unagi is charging for a scooter.
Guesty, a startup that provides software to manage short-term rentals, is in discussions with New York City, which has accused the company of actively disregarding the city's rules on illegal rentals. The startup says it will make clear its role in facilitating the rental of short-term accommodations as talks continue.
Entrepreneurs who define early adopters and their behaviors will find clarity in their customer base and product, which can help move forward goals, writes Startup Circle founder Abdo Riani. "[I]f there is one thing that could make or break a startup, it's failing to understand the user," Riani writes.
Collaborative online software such as Google Docs can enhance brainstorming sessions during this work-from-home period, writes Tomasz Tunguz of Redpoint Ventures. Adjusting the format to have everyone write down and review each other's ideas within the document can bring participants together and make the session more productive, he writes.
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Entrepreneurs who work to view negative events in a positive light remain "open to new possibilities where others see barriers," which is key for critical afloat in a difficult economy, writes Carmine Gallo. Instead of getting stuck in negativity, founders should ask themselves "Was I making the right decisions before this unlucky hand?" among other questions that can influence mindset, Gallo writes.
A positive mindset allows you to stay open to new possibilities where others see barriers, and a positive mood will lift your spirits and attract people in your life who will help, support, or hire you.
Carmine Gallo, speaker and author, writing in Inc.