Monthly Archives: July 2015

5 Tips: How to Make Your Presentation Slides Awesome

Giving presentations is an essential and very important part of the work process of every entrepreneur. You will give presentations in front of potential investors as part of your pitch to them, you will give presentations in front of your team members, co-founders and business partners, even, in some cases, in front of clients. It is important to know how to create and give killer presentations in order to win and keep the attention of your audience. Here you will find five tips that will help you to make awesome slides for your next killer presentation. 

Message and Idea

Before you even start planning the content and the visual appearance of your slides, make sure that you have clear idea about the message that you want to send to your audience. Answer this question: What do you want to achieve with your presentation? This will save you precious time and will be the guideline you need to follow when doing the rest steps of your creative process.

Structure

Your presentation must be structured very logically and your slides should be consistent and successive. Organize your main points into a logical sequence and follow this sequence in order to avoid confusion and misunderstanding.

Cohesion

Your slides must look like a part of one whole, one complete flow of ideas and information, but still to keep their uniqueness and specific effect.

Connection

The slides you create must be relevant to what you are saying during your presentation. The pictures you include in your slides must underline the given information. You are including the photos to visually support the information, so keep them relevant to your text.

The text

Format properly the text in your slides: choose eye-friendly font, proper size and color of the text. Avoid adding so much text, especially if it matches what you are saying. Use easy to remember keywords, which carry the same meaning.

15 Awesome Quotes to Inspire Business Growth

All entrepreneurs spend tremendous amount of time to plan and create strategies, to determine their next moves and the course of action, trying to figure out which decision will lead to the success of their company. Aiming for growth is one of the most important parts of the work process of a startup owner, but sometimes, even the most productive and motivated entrepreneurs can’t find easily the right answer of their questions and concerns.

Here you can find 15 awesome quotes, which will inspire you on your way to growing your startup and achieving success.

“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.” Abraham Lincoln

“The business enterprise has two — and only two — basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.” Peter Drucker

“For me, the most fun is change or growth. There are definitely elements of both that I like. Launching a business is kind of like a motorboat: You can go very quickly and turn fast.” Tony Hsieh

“Lack of direction, not lack of time, is the problem. We all have twenty-four hour days.” Zig Ziglar

“Strategy without tactics is the slowest route to victory. Tactics without strategy is the noise before defeat.” Sun Tzu

“All change is not growth, as all movement is not forward.” Ellen Glasgow

“We find comfort among those who agree with us – growth among those who don’t.” Frank Howard Clark

“All who have accomplished great things have had a great aim, have fixed their gaze on a goal which was high, one which sometimes seemed impossible.” Orison Swett Marden

“Everyone wants to live on top of the mountain, but all the happiness and growth occurs while you’re climbing it.” Andy Rooney

“Think big, start small, then scale or fail fast.” Mats Lederhausen

“The growth and development of people is the highest calling of leadership.” Harvey S. Firestone

“Growth is never by mere chance; it is the result of forces working together.” James Cash Penney

“There are no great limits to growth because there are no limits of human intelligence, imagination, and wonder.” Ronald Reagan

“The pursuit of excellence is less profitable than the pursuit of bigness, but it can be more satisfying.”David Ogilvy

“In any moment of decision, the best thing you can do is the right thing and the next best thing is the wrong thing – the worst thing you can do is nothing.” Theodore Roosevelt

Dave McClure Will Be at Startup Istanbul on 03-05 October

It is very exciting to announce that Dave McClure, who is entrepreneur, world-known angel investor and co-founder of the business incubator 500 Startups, will be on stage at Startup Istanbul 2015 event and, along with Steve Blank, will be member of the jury of Startup Istanbul Challenge.

The success of connected2.me, the winner of Startup Istanbul Challenge 2014, proved the unlimited opportunities, which Startup Istanbul event brings to the talented entrepreneurs. The winning of the 1st Award previous year was a great success for Connected2.me and didn’t only secure investment fromDave McClure and 500 Startups, but also led to the relocation of the company’s headquarter to the Silicon Valley. Later in 2014, the company received 515.000 USD  fund from several investors. If you want to be part of the challenge, register now by filling the Startup Application.

Set yourself up to success: Take on a personal challenge

It is true: You can’t achieve something new and truly innovative if you don’t do something you haven’t done before. Innovation requires diversity in your actions and creativity helps you keep challenging yourself by taking brave and bold yet calculated risks.

Entrepreneurship is all about the vision and the aim for innovation and entrepreneurs need to know how to challenge themselves in order to achieve constant improvement and to exceed their personal limits. By pushing yourself, you are to understand better your strengths and your weaknesses and how they affect your startup’s growth.

Why challenging yourself is so important in entrepreneurship (and for our personal lives, too)? Accepting the personal challenge you are willing to take yourself out of the comfort zone and to push yourself beyond your personal limits. Many people tend to live in their own deception without realizing that the great and most innovative things happen to those who dare to push themselves a little more.

Entrepreneurs must change their mindset and eliminate all the fear of failure in order to create new ways for their startup success. When there is no path, don’t turn back, but start building the road yourself if you believe that this is the right direction.

Always challenge yourself to learn new things, to apply new business approaches, to do something that you haven’t done before, to explore new possibilities. By challenging yourself you are to get used to change and accept that there is always something new and more efficient that can be done in your company.

Even if you don’t think of yourself as a go-getter, you can try to put yourself in especial situations that will help you discover the hidden confidence inside you. The more you do so and the more you challenge yourself, faster you will understand that you are capable of much more than you expected.

Never assume that you can’t do something if you haven’t tried it yet. It may take long time to practice, to fail and learn, but in the end you will be able to accomplish it. Set yourself challenging goals that make sense for your business development and soon you will find yourself more excited about the goal setting process.

Challenge and learning

Challenge yourself to learn different things every day, to develop new skills and capabilities or acquire knowledge that can help your business grow and succeed.

Challenge and taking up a new business course

Challenge yourself to take brave actions towards the development of new projects or improvements of your product. Challenge yourself to think out of the box when you create new strategies, when you approach investors and when you apply new leadership approach for your team. By pushing yourself out of the comfort zone you are to make brave decisions and to lead the company into new course of development and success. Challenge yourself to embrace uncertainty and to make it work for you.

Challenge and inspiration

Challenge yourself and the people you work with by setting examples and good practices that can inspire them and motivate them to wake up their creativity and strengthen their approach for making new decisions and achieving better work results.

Challenge and self-confidence

By challenging yourself you are to discover how many things you are capable of. The calm sea doesn’t make good sailors. Be prepared to face your better self and to actually understand that there is always something more you can do if you try harder.

Challenge and personal development

The personal traits of entrepreneur are very important for the success of their startup. By challenging yourself to become better leader and mentor you are to perfect many of your personal skills and this really can improve the course of your startup.

Why you should hire millennials for your startup

Entrepreneurs create their businesses driven by innovation and determine their own rules when it comes to new company culture and modern management style. From business models through office space to working hours, the whole startup community tends to break the cliché and implement distinctive approaches.

When we talk about the importance of the hiring policies and the different skill sets entrepreneurs search in their employees, it cannot stay unnoticed the need of coherence between the startup ideas and the team behind the execution of these ideas.

Startups are established with the mission to innovate and innovation is based on creating something new, extraordinary and fascinating, which brings great value to the customers and the society. Often startup owners dislike the idea of hiring millennials for the lack of experience, but what they must think of is the biggest skill which millennials carry – creativity.

Millennials, or also known as the Generation Y, are the people born and grown up during the years of the technology revolution. They easily embrace changes, expect the unexpected and are motivated by ideas and creativity. Millennials have very different skill set and often dare to break the rules and think out of the box. Millennials are familiar with the entrepreneurial world and are willing to contribute with all their power in order to change it. Millennials haven’t just watched the world change, they have been raised with these changes.

Even though millennials struggle to find suitable jobs, they often change their workplace. The reason for this is that millennials don’t like to spend their time on something they don’t strongly believe in. Raised with the educational system which encourages free thinkers and educates leaders, millennials put their creativity in what they believe in. Your startup can benefit from the exceptional behaviours of millennials and every startup owner must take the chance to attract millennials to their business.

How to choose a co-founder for your startup

We have already discussed how your startup can benefit from having a co-founder and today we will focus on the process of choosing the right person and what do you need to look for in a co-founder. Choosing a co-founder is not like hiring your first employee, so it needs special attention and a lot of thought.

History

Choose someone that you have already crossed your roads with, someone that you have worked or studied with, someone whom you have known for a while and have seen them in action. When you are familiar with the person’s personality, vision and skills, it is easier to make your decision. It is a long term relationship, so you need to know your partner well before you make huge commitment. You don’t marry someone you have just met, right?

Vision

You must look at the same direction and share mutual business understanding. If you are leading your company to two (or more) different directions, the growth of the business will suffer, the employees and investors will be confused and the whole structure, which you are trying to build, will fall apart. Choose your co-founder wisely according to their vision and understanding of your idea and the purpose of the startup. They must share the same motivation level as you do in order to handle alongside you the challenges of the entrepreneurial world.

Something extra

As an entrepreneur, you are familiar with your strengths and weaknesses. Find the skill set balance for your startup by choosing a person who can bring on what you lack of. If you are great at management, but lack technical skills, a tech person will be great co-founder for your startup. Look for complimentary skills which can be essential for the growth of the company.

Reliability and trustworthiness

Your business’ success is in your hands and soon to be in the hands of your co-founder as well. Feeling secure, especially in such an uncertain business atmosphere, is essential factor for your choice. Seek someone you can completely trust. You can feel confident in your choice only if you choose a reliable and trustworthy person to become the co-founder of your startup venture.

Flexible and open-minded

Choosing a partner for your business demands good view over the qualities of the person and his ability to match closely your vision, business mission and, last but not least, your personality. Look for open-mined sense-makers who know what empathy is. There is no place for Ego fights in business so choose your co-founder according to his ability to embrace the equal levels of both co-founders.

Take your time when choosing your co-founder because you are about to make big step and you will save yourself a lot of headaches in the future if you make the right decision now.

15 Inspirational Quotes on Wealth and Money

Some of the most successful people on the planet believe that money can’t measure success, but it surely is important. Achieving financial freedom is a driving goal for many people, yet so less of them take under consideration the price they are willing to pay for it. Even though most of the entrepreneurs, who start their ventures just to make money and who don’t have clear vision and business mission, fail, money still matters. This is why it is interesting to find out the opinion of some of the most influential people in the world about money and wealth.

Here you can find 15 timeless and highly inspirational quotes on money and wealth. 

Wealth consists not in having great possessions, but in having few wants. Epictetus

Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we’ve got 24 hours each. Christopher Rice

A penny saved is a penny earned. Benjamin Franklin

Too many people spend money they earned..to buy things they don’t want..to impress people that they don’t like. Will Rogers

Formal education will make you a living; self-education will make you a fortune. Jim Rohn

It’s not the employer who pays the wages. Employers only handle the money. It’s the customer who pays the wages. Henry Ford

If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability. Henry Ford

Money is a terrible master but an excellent servant. P.T. Barnum

The real measure of your wealth is how much you’d be worth if you lost all your money. Anonymous

Rich people have small TVs and big libraries, and poor people have small libraries and big TVs. Zig Ziglar

If you don’t value your time, neither will others. Stop giving away your time and talents. Value what you know & start charging for it. Kim Garst

Not everything that can be counted counts, and not everything that counts can be counted. Albert Einstein

A real entrepreneur is somebody who has no safety net underneath them. Henry Kravis

When a fellow says it ain’t the money but the principle of the thing, it’s the money. Artemus Ward

There are people who have money, and there are people who are rich. Coco Chanel

Traits of Successful Entrepreneurs: Leadership vs. Good Management

Not all managers are good leaders, but all good leaders are successful managers. Leadership is an essential skill for entrepreneurs and has its differences compared with traditional management.  Managers often fall into the trap of constant micromanaging and ruin their role as productivity motivator. Leaders, on the other hand, know how to delegate and give their employees more freedom and flexibility, more room for creativity and responsibility.

Leaders are people who do the right thing; managers are people who do things right. – Professor Warren G. Bennis

The company culture of a startup can be different in so many levels and ways from the company culture of all big organizations and large companies. Entrepreneurs are fully responsible for the success or the failure of their company and one of their biggest assets is the strong and highly motivated team. Hiring the right people is just not enough, entrepreneurs must know how to manage, lead, inspire and motivate their employees in order to build strong team with devoted members.

There are many things that entrepreneurs must do to inspire and motivate their team members and the approaches they use can be very individual. Transparency, honesty, flexibility, good communication, delegating skills, empathy, mentoring and inspiration are just a number of qualities and actions that successful leaders can implement in their behavior. Managers are great at controlling work processes, leaders succeed into establishing trust and feeling of responsibility in their team members.

Managers follow specific rules, but good leaders think out of the box and often create their own rules. This is the main reason why entrepreneurs with good leadership skills succeed more often – they are ready to experiment in order to innovate, they create the rules, don’t just follow the pattern.

Managers aim to achieving stability at the work flow, but leaders are more likely to seek the opportunities in the uncertainty by embracing the constant changes of the business world. Many managers want to control the work flow without supporting creativity and flexibility, but, on the other hand, leaders inspire and encourage innovative approaches and ideas.

Entrepreneurs must use their entrepreneurial skills to create innovative products that actually bring specific value to the customers. They know how to see the opportunity in situations in which others see nothing, or worse, a disaster.

Visionary entrepreneurs manage to achieve more with less, to inspire others and lead them to creating extraordinary services and products by concentrating on growth before concentrating on profit. The business world needs good leaders and entrepreneurship often creates and shapes visionary leaders who are ready to change the world.

Become better negotiator: Five essential tips to follow

Negotiation has big impact on our personal and professional lives. We negotiate on everyday basis and the outcomes of these very important dialogs can be essential for the success of every business. Successful negotiation can be the key to the growth of your startup and entrepreneurs must learn how to master the art of effective negotiation. Within a startup, negotiation skills are required and entrepreneurs must be aware of the importance of improving their personal negotiation skills and the negotiation skills of their team and employees.   Continue reading

Five Behaviours of Successful and Trustworthy Entrepreneurs

Trust is a main ingredient of every strong business relationship. Investors, employees, customers and partners will not take your startup venture seriously if they don’t trust you. Entrepreneurs must work towards establishing credible business relationships, based on trust and confidence. You can become more trustworthy by embracing the following five behaviors of successful entrepreneurs.

”The leaders who work most effectively, it seems to me, never say “I.” And that’s not because they have trained themselves not to say “I.” They don’t think “I.” They think “we”; they think “team.” They understand their job to be to make the team function. They accept responsibility and don’t sidestep it, but “we” gets the credit…. This is what creates trust, what enables you to get the task done.” Peter Drucker

Keep your promises. Trustworthy relationships are built slowly but can be rapidly crashed if you don’t keep your promises. Being able to sustain trustworthy relationship, all entrepreneurs must understand the importance of keeping their promises to the others and to themselves, as well. People who can’t meet their own expectations are very likely to fail in meeting the expectations of others. Nobody will trust you if you don’t trust yourself.

Don’t overcommit. Many entrepreneurs make big commitments, which they cannot fulfil. Be honest when you make commitment and be sure that you can deliver what you have promised. Never make promises that you cannot accomplish just to have the attention on yourself. This is not fortunate approach to building healthy business relationship.

Never miss a deadline. The time of others is as important as your own time. Respect their time and the fact that you have promised to deliver specific results in particular time frame. Be punctual. People appreciate punctuality in business and this can be key element for establishing good business relationship, based on trust and honesty.

Make it legal. Trust in business is very sensitive matter because the future of your company depends on every single decision you make. In order to secure your relationship with your partners, customers and investors, you should be prepared to offer formal ways of securing your promises. Customers, investors and employees will feel more secure if they see that you are really ready to do business and you are prepared with all legal aspects of making the deal secure for both sides.

Embrace trustworthy in every aspect of your life. Trustworthy people are reliable not just when it comes to business, but in every other aspect of their lives. Entrepreneurship is very personal venture and many investors tend to trust the entrepreneur personally more than they trust their ideas. Be trustworthy person in order to establish honest relationships in every aspect of your life and you will easily translate it into your startup venture as well.