Originally Published on LinkedIn By Ed McLaughlin and Wyn Lydecker Your vision will become the driving force of your business. If you have a clear vision, it will be easier to get other people to understand it and follow you on your quest to fulfill it. You will be able to share your vision [...]
Originally Published on LinkedIn By Ed McLaughlin and Wyn Lydecker Today, social enterprise is often positioned against profit: producing social good vs. generating profit. Instead of pitting social good and profit against each other like two feuding schools of thought, I believe that when they work together, they create powerful synergism. One does not prosper [...]
By Ed McLaughlin and Wyn Lydecker Most entrepreneurs think they can get funding simply by sending out business plans to investors. This tactic seldom ever works because VC and angel investors often receive 10 business plans in one day. If you don’t count weekends, that’s still 2,610 plans per year. If you’re an investor staring [...]
Originally published on LinkedIn By Ed McLaughlin and Wyn Lydecker Have you heard of Telemedicine? Telemedicine is disrupting the massive $3.8 trillion U.S. healthcare industry by delivering clinical care through telecommunications and information technologies such as computers and smartphones. Here are four ways it is relieving the pain points of this ailing industry: Disruption #1: A [...]
By Ed McLaughlin and Wyn Lydecker Deloitte’s recently released Business Confidence Report revealed several troubling findings about today’s corporate leadership. First, there is a gap between the things business leaders say and the actions they are willing to take. While these leaders are confident in their ability to outperform the competition, they are not confident [...]
By Ed McLaughlin and Wyn Lydecker Originally posted on LinkedIn Crowdfunding has gone mainstream! Crowdfunding platforms across the world raised $16.2bn in 2014 – a growth of 167% vs. 2013. In the past, crowdfunding as a means of financing a business was a novelty, a rare exception to the traditional methods of bank loans, credit [...]
By Ed McLaughlin and Wyn Lydecker Authors of The Purpose Is Profit: The Truth about Starting and Building Your Own Business A startup typically goes through several rounds of funding from different investment sources as it expands. One of those sources is the “friends and family” round – one of the most common [...]
By Ed McLaughlin and Wyn Lydecker Recently, I was at a technology meet-up in New York, and it seemed that every attendee was an employee working for a startup owned and controlled by someone else. On the one hand, I can appreciate the importance of being a loyal employee – as long as you are [...]
By Ed McLaughlin and Wyn Lydecker Eyebrows rose recently when it was announced that WeWork, which is basically an office leasing company, was valued at a whopping $5B. The valuation was set when the company raised $355 million in Series A funding last December. The reason the four-year-old company, which divvies up rented office space and [...]
By Ed McLaughlin and Wyn Lydecker How to split equity is one of the most important decisions a founding team will make. Harvard Business School professor Noam Wasserman wrote that nearly 40% of startup teams spend a day or less hammering out an agreement. They frequently want to get it over with - often with a [...]
