Prof. Aard Groen: Making a high tech start-up successful

The founder of Insego website talked to Aard Groen, director of  VentureLab International about creating successful start-ups. Best Dutch Brands:  VentureLab International is your brainchild.  What was your a-ha moment which inspired you to begin VLI? Aard Groen:  My aha moment came to me after the Innovation Platform Twente asked me why many startups from […]

Jaap van Tilburg: Online Businesses Ideas

Bea Stanford, the founder of Insego blog, talked with the Jaap van Tilburg, the Programme manager of VentureLab International about his own start-ups. Don’t put all eggs in one basket is a well-known strategy that many entrepreneurs keep in mind. This is also a Jaap van Tilburg’s motto, who, apart from having a successful career […]

New Trends Crowdfunding and Crowd-sourcing

There’s definitely a great deal of excitement about the best way the startups can benefit your crowd funding and rightly so if you take a look at how much the crowdfunding industry has increased in 2012. Yet another phenomenon, crowdsourcing, has also increased significantly over the last years, and with that at heart, MBA Resources website […]

Managers need good practical models, based on good theory

Visiting the Academy of Management conference this year in San Antonio was again an inspiring event. 6000 management scholars meet and discuss the newest management research developments. Many sessions of the entrepreneurship division and the technology and innovation management division focused on high tech entrepreneurship & business development. One very inspiring event was the award […]

How is your entrepreneurial DNA?

You can find a good amount of misconceptions hanging around, boosted by icons like Steve Jobs and Mark Zuckerberg, that you should be in your 20’s, and include a rigorous way of thinking and a huge ego. But, as outlined by a comprehensive study carried out by a startup incubator, these people are merely outliers. […]

Entrepreneurs hate business planning

Most entrepreneurship programs are organized around the development of a business plan. This is understandable because the first thing entrepreneurs are asked for when they apply for a bank credit or venture capital is a business plan. Although many entrepreneurs have made a business plan one could question their attitude towards this ‘obligation’. Albert Shapiro […]

Crowdfunding Now and In The Future

Crowdfunding by definition is “the process of financing an activity or endeavor by way of generating lots of modest sums of capital from a huge number of persons, generally by using the Internet”. We seem to be in a constant recession wave so nowadays start-ups are under huge pressure to remain profitable, and business owners […]

How to become a recognized expert in your field

It’s possible to boost your personal brand by establishing a reputation as an expert in your niche. Experts are sought after, they get noticed, they can command higher fees for their services, and they get interviewed by journalists. In brief, becoming a recognized expert can help you achieve your business goals using less effort. Until […]

Success comes after failure[infographic]

People are afraid of failure and this is the key reason why they will not succeed. It is a fact that most of the people who now are rich and successful experienced several failures before. To a certain degree they all have failed in the past. If you examine this infographic  you can see what […]

Angel Investors vs. Venture Capitalists

For start-up companies that are without an established performance record or enough assets to obtain a bank loan, finding financial backing is critical for both business growth and success.  Therefore, many start-up companies endeavor to secure finances from outside investors, for example angel investors or venture capitalists.  The difference between these two types of outside […]

Your business can also do well by doing good

Business organizations who already have a successful online presence may wonder why it is virtually important to have an online presence in spite of the current successes they have been enjoying. Business blogs are a crucial tool for ensuring that the successes they current enjoy can be maintained and the current customer base will continue […]

How to Promote Startups with YouTube Marketing

YouTube video is a perfect medium for promoting your business. This way you can easily explain your product or service and it can help you to dominate search results. Especially the start-up businesses may benefit from a nicely planned and skillfully created web video. For starters, because their product is new and needs explaining for users […]

Mergers & Acquisitions, Part 4: Why is the Free Cash Flow important?

Last time I have discussed which methods exist to value a firm and this time I give you a small introduction in what the free cash flow is and why is it important for the valuation of the firm based on the internal data. So, let us now focus on the internal method. My intention […]

Mergers & Acquisitions, Part 3: Valuation of the firm

Last time I have focused on the reasons for M&A to fail and what key points one should keep in mind in order to have better chances of success! In this blog I intend to briefly introduce you to valuation methods of a firm. The aim of valuation is to determine what a firm is […]

The mysterious world of Mergers & Acquisitions, Part 2

As one might remember last time I have introduced some definitions and players in M&A world. I have also talked about the motives of the acquisition. As I have promised I continue now with some aspects of why M&A can fail and I mainly stress what key points one should keep in mind in order […]

The mysterious world of Mergers&Acquisitions

As a student of Financial Engineering and having followed the summer course “Finance in London”  at ESCP London, I am fascinated by the mysterious world of M&A. When two companies decide to combine forces in a merger, the papers are shouting about it. Why are companies in industries ranging from telecommunications to financial services to […]

Some lessons learnt during the Startup Weekend Enschede

I am a master student in Innovation and Entrepreneurship at Aalborg University (Denmark). Currently I’m doing my graduation project for VentureLab International, which is related to entrepreneurial teams and growth of new tech-ventures. Lots of red posters on VentureLab walls with catchy phrases kept raising my curiosity, but the decision to join the event came […]

Social media & Information retrieval for venture development

Entrepreneurs often have to deal with new and ill-defined product concepts, whose context of use is still poorly understood and whose commercial applications are not fully explored yet. Relevant, up to date and rapid information on a broad range of strategic topics such as competitors, potential customers, potential marketing activities, regulatory information, vendors and procurement, […]

Founder’s Dilemma

• In a study involving 212 US start-Ups… • 50% of the founders were no longer the CEO after 3 years from firm creation • Less than 25% of the founders were occupying CEO positions during IPO • Four out of five founder-CEOs were forced step down Most entrepreneurs are keen to make a lot […]

Softlanding is trendy

While I was writing this blog my colleague “Rob” was in Indonesia, my neighbor passenger “Senta” was preparing for a backpacking tour in New Zealand and Asia and I was approaching North Carolina (USA) where one of the VentureLab participants presented his company “SolMateS” in a worldwide conference on the commercialization of micro- and nano-systems. […]

How to raise your chances for acquiring finance: get ‘investor ready’

In practice it is not easy to acquire substantial investment for your venture when assets are lacking. You desperately need funds to finance your growth plans, to expand or sometimes even to survive. How to act? The investor casino, a 1% chance to get funded. As banks become more and more strict and reduce their […]

The myth of the Generation Einstein

Conventional wisdom suggests that Generation Y, also known as Millenials and widely known in Holland as Generation Einstein following the book of Boschma and Groen, are among other things Media Smart: “Since they were babies, they have been confronted with the media – they understand advertising and have become the ultimate experts. They only need […]

How to create significant change for sustainable business growth?

You know what the market wants from you as an entrepreneur, but do you know who you are and what you want? The Business Development Program of Venture Lab targets technology based companies ranging from a start up phase up to business growth acceleration.  This stresses the fact that business development is a process of […]

Will Social Media marketing be outdated in just a few years?

A recent survey revealed that advertising and marketing executives ranked “Social Media” as the most annoying industry buzzword.[1] I believe that this is probably caused by a lack of understanding of how Social Media fit in the company and in its media efforts towards customers. In fact, I believe that many organisations (including those specialized […]

Interesting news for SMEs: Social Networking is a successful strategy

First published here on the Social Media Marketing blog of Dr E. Constantinides (Efthymios). According to a just published study of Regus Media Center the adoption of social networking as business strategy by SMEs is growing: the main findings of the study: •Social Networks are now actively used by between half and three quarters of […]

Why should your business exist?

Whether you develop a new business or lead an existing one, its all about the money. Or is it? As the industrialist Henry Ford reminded us a long time ago, “A business that makes nothing but money, is a poor kind of business”. I full-heartedly agree and think this remark bears even more value today […]

Developing a Company inside a “Kiretsu” Network

Entrepreneurs create value. Or at least that is the idea. Scalability is the key to create this value. This should be done by making clever use of networks, and not by controlling everything yourself. Make use of the best skills of others, focus on your own “differentiating skills and ideas”. Triangle of value creation The […]