Interview with a Lobbyist – Sounds Like a Movie – Actually A Podcast

Seems off-topic but with all of the misunderstandings possible between new ideas and old legislation, getting to know how to work in DC is essential for someone trying to do something innovative.

An interview with Lee Janger, Washington DC based lobbyist. Comprehensive discussion of how he became a lobbyist, what it takes to be effective, and what the environment is like in DC. Great discussion with a great speaker that sets the ground work for what lobbyists really do for their clients, rather than what people think they do. He's an expert on vehicle manufacturing legislation with a focus on propulsion and efficiency systems.

https://www.buzzsprout.com/1341658/7341613-an-interview-with-lee-janger-washington-dc-lobbyist.mp3?blob_id=31990063&download=true

Go to www.PTMBI.net and click on your favorite podcast app.

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Investment Firms Market Analysis of Rising Business Opportunities with Prominent Players like Accomplice, Advanon, 500 Startups, Bullpen Capital. – SoccerNurds

Investment Firms Market Analysis of Rising Business Opportunities with Prominent Players like Accomplice, Advanon, 500 Startups, Bullpen Capital.  SoccerNurds
“nigeria startups when:7d” – Google News

Run Your Pub, Bar & Café Like a Pro with Growyze

Waste, internal theft, and preventable supplier and admin errors cost businesses money every year. Unfortunately, catching these hidden losses can be difficult. You can track your business by using excel sheets or writing everything down on paper, but this can be tedious and still leaves plenty of room for error. That’s where Growyze comes in.

 

Growyze is a mobile-friendly tool that helps bars, pubs and cafes reduce admin, paperwork, waste and profit loss. Using advanced technology for fast and easy back-of-office management, the app lets staff and management get back to focusing on what matters most: serving customers and growing sales. From orders to deliveries to inventory and more, Growyze streamlines business operations and makes important information easily accessible any time, anywhere.

 

By managing important information through the app, businesses can reduce paperwork, repetitive tasks and excessive waste, saving time and money. Growyze also helps businesses streamline their operations and work more efficiently by digitizing task assignments, automating stock management, and letting people easily managing other areas of the business all in one convenient location. Growyze also offers valuable insights so users can make better decisions based on real data.

 

Features

Growyze has/introduces a variety of features to help/helping bars, pubs, cafes, restaurants and shops save time and money.

 

Manage suppliers

Growyze allows users to conveniently store and access all of their suppliers’ information in one place.

 

Place orders

Users can digitally manage their purchases and place new orders quickly and easily. There’s no need for lengthy phone calls.

 

Stocktakes

Tracking inventory is easy with Growyze. Instead of using spreadsheets, management can take a picture of the item and enter the quantity in the app. Stock levels can then be checked at any time.

 

Paperwork

Growyze replaces paper filing with digital paperwork, allowing users to manage their orders, deliveries and invoices in the app. You can even take pictures of delivery notes.

 

Three-way validation

Three-way validation makes it easier to catch financial discrepancies between orders, deliveries and invoices and deal with them in a timely manner.

 

Reduce waste

Growyze helps you reduce waste by offering increased visibility to your business’s waste.

 

Track margins

When you import your sales data, Growyze provides insights to help you identify and eliminate fraud, protect your bottom line, respond to business challenges, and grow your business.

 

Notifications

Growyze sends instant alerts to help you stay aware of any issues, such as discrepancies between deliveries and orders, low stock levels and more.

 

AI technology

With the help of AI technology, the app provides real-time data around business performance and stock updates to help you stay informed.

 

Business insights

Growyze is also planning to add a feature that lets people file their recipes in a digital library that their staff can access at any time from any location.

 

Interested?

Managing a business can be rewarding, but it does have its challenges. With Growyze, you can more easily catch hidden losses, manage orders and inventory, and work more efficiently, so you can spend less time on back-of-office management and more time serving customers. Interested? Visit growyze.com to learn more.

Photos
Growyze.com

The post Run Your Pub, Bar & Café Like a Pro with Growyze appeared first on KillerStartups.

KillerStartups

Find out why Building Plastics Market is thriving by 2028 with top key players like EI du Pont de Nemours and Company, Solvay SA, PetroChina Ltd. – The Courier

Find out why Building Plastics Market is thriving by 2028 with top key players like EI du Pont de Nemours and Company, Solvay SA, PetroChina Ltd.  The Courier
“nigeria startups when:7d” – Google News

[Remilk in Fast Company] This vegan cheese tastes like cheese because it’s made with milk proteins (in a lab)

Remilk uses bacteria to grow casein—one of the key ingredients in cheese—letting it make the real thing without involving any cows.

Read more here.

The post [Remilk in Fast Company] This vegan cheese tastes like cheese because it’s made with milk proteins (in a lab) appeared first on OurCrowd Blog.

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For those who have sold, what was the acquisition process like for you?

Hey everyone, long time lurker here and found a lot of the information in this subreddit helpful during my startup journey. With that said, 3 months ago, I was fortunate enough to have my 1st startup acquired after a grueling 5 years. 😵

I started talking to other founders who got acquired and realized their experience was different from mine. So I wanted to share what my acquisition process was with you all, and am hoping to hear from others as well. 🙂

  1. Larger player in our space reached out to us asking to speak to us about partnership opportunities. We got a lot of these, so we either ignore or take the call depending on if we see any potential synergies in taking a call with them.
  2. We jump on a call and ask what they had in mind. Lots of small talk and demo showcasing, and then I remember them saying they would be open to anything and they mentioned partnership or selling. Said we would think about the best option moving forward.
  3. Founders discussed that selling should be considered seriously. Reached back out, saying that we would be open to selling, not a partnership as we were approached a lot by other companies around that. Things started moving fast here. They asked for some high level financials, which led to discussing what the purchase price might be.
  4. Negotiating a purchase price to get LOI. Lots of back and forth here, lots. They came at a number with us initially, we refused saying we were worth this much, etc. We eventually settled on a non-binding number and exclusivity period of 90 days – this took a solid 2 weeks of back and forth.
  5. Due Diligence time! This whole process took about 2.5 months. We were provided a giant excel sheet that requested items from us on legal, technology, financial, operations, HR, etc. This is very time consuming, so if you have your stuff together, it is easier. Once you provide that information, the buyer starts auditing and brings in experts to assist. Essentially, you get grilled on every little detail about your business. 😵
  6. Lawyers time! I thought DD was brutal, but when the lawyers come in, it is even more brutal. They decided to change the deal terms on us last minute… but after weeks of debate, we reverted back to what was in the LOI with discussions around indemnification in the legal documents. This took another 2 months, well over our exclusivity period but at this point, everyone is pretty much invested into the process. The number of times I heard, "This is our final offer." 😉
  7. Closing. Assuming you get this far, you review, do some meetings, and you chase all your investors/shareholders to get signatures. We had good investors so this was easy, if you had bad investors, this could really delay things. This took us about 1 week. Once all signed and handed over to the lawyers, the money is then wire transferred over to you.

This is all very high level, there are so much little details, but I hope this helps you all to some degree!

In any case, for those who have sold, what was your acquisition process like?

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Startups – Rapid Growth and Innovation is in Our Very Nature!

Considering bringing on a 4th person on for the founding team, and I’d like some advice

Edit: Please excuse the redundant title text haha

Hi, everyone! I hope you all have enjoyed your holidays so far, and I’m hoping you all here could help me out with seeing things from a different point of view or reassuring my current one. Up front, I’m sorry because this will be rather long.

Currently, we are a team of 3 developing a B2B2C tourism & travel marketplace application, and we are just 1 month away from the launch of our MVP. We have already received a nice amount of investor interest at our stage, and our market traction with businesses so far has been very good. Our potential customer validation has been quite exceptional as well, so we’re doing pretty solid with where we are.

With all of this said, one of my partners has raised the idea of bringing on the owner of one of our early business adopters as a member of the founding team. As it stands, this person would bring over 20 years of experience in the industry with him, someone who has successfully built 3 strong companies and helped establish many others (though, these companies weren’t companies to the scale of a startup’s potential), and he has quite a lot of connections in industry especially with other businesses. He’s already helped us out quite a bit with connecting us with other businesses, helping us test our features, and more, and I myself have even become decent friends with him from a professional standpoint. He has even offered to help us market our startup through his businesses, which we were simply dumbfounded and honored for that. Currently, I am indifferent on it. I believe with all the help he is already giving us that it may not be necessary to bring him on board the team as a full on partner with equity, but with him already doing so much, it may simply just be right to do so. My partner disagrees on the former in that the investor pros and industry knowledge could be a possible big benefit to us if we brought him on the founding team, but you all may have differing opinions than us on this matter. I’d love to hear what you all think, and I’ve listed out what I think might be a nice pro/con list. Though admittedly, some of them may be made in ignorance, so do correct me if anything comes across as ill-informed.

Pros:

  • A very experienced individual in the industry, someone with experience growing 3 businesses very successfully
  • Having an experienced professional on our team can help us in marketing, budgeting, and can make the team look much more promising to our investors (that said, his business experience is in businesses that don’t scale)
  • Someone with connections in the industry. Perhaps not monetary connections, but business connections, which can allow us to gain either more businesses or more legitimacy in the domain. Perhaps even both.
  • From what we have gathered, he has similar ideals as us in the founding team

Cons:

  • We would be bringing on a 4th member of the founding team, a nontechnical one at that
  • It will require us to give up more equity, possibly as much as 4-10% unless we can negotiate smaller terms
  • There may be baggage due to possible quarrels with other businesses that we don’t know about.
  • Investors that we have already talked to may get uneasy if they see we’ve brought on a 4th cofounder

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Startups – Rapid Growth and Innovation is in Our Very Nature!

7 Ways To “Put Out Fires” Like Firefighters

It’s happened to the best of us. We have our day all planned out. But, just as you’re getting ready to dive-in, a fire breaks out.

Sometimes these are small but inconvenient fires that can be easily extinguished. However, there are also massive fires that can burn hours in your day, week, or even month. If not addressed, they’re going to absolutely decimate your productivity.

But, how can you stop putting out fires every day? Well, take some cues from those who put their lives in danger of battling fires. Here are 7 ways firefighters put out fires.

1. Don’t squander the early morning hours.

When it comes to wildfires, Bill Gabbert, who worked wildland fire for 33 years, suggests that firefighters battle them in the morning. “Experienced firefighters know that large fires are typically most active in the mid-afternoon,” he writes. The reason?

“Solar heating has reached its peak. The ground, vegetation, and air are as hot as they will be all day.” And, it’s common “for firefighters to have to pull back and abandon what they were doing in the afternoon and retreat to a safety zone because the fire threatens to overrun their position.”

“Firelines painstakingly constructed can be lost,” he adds. It’s also “the hottest part of the day, sapping the energy of personnel and reducing their production while putting them at risk of heat-related injuries.”

“All of those factors can result in firefighters being least productive in the mid-afternoon,” Gabbert writes. However, there are times when “firefighters do not arrive at their work assignment on the fireline until mid to late morning. They may have squandered the time of day when the working conditions and the fire behavior were best suited for productive, safe work.”

While not as dangerous as firefighting, a lot of us also squander our mornings. We constantly hit snooze until we have to get out of bed. As a result, we rush to get to work.

A better idea would be to get up earlier and start the day on the right foot. That doesn’t mean you have to wake up at 4 am. It just means giving yourself some extra time to review your goals, priorities, and schedule so that you know what to focus on and address any possible conflicts.

2. Preparation is key.

Another advantage of giving yourself more time in the morning is that you can get to work earlier. In fact, it’s recommended that firefighters should be at their shift at least 30-minutes early.

“Preparation for that big fire begins when you walk through the door,” explains Eric Guida for FireRescue1. “Arriving early allows you to familiarize yourself with the apparatus you are assigned to before that 8:05 a.m. fire call.”

“It will also endear you to the off-going crew by grabbing that end-of-shift call,” he adds. “Start off on the right foot – arrive early. If you are on time, you’re late. If you’re early, you’re on time.”

Moreover, this lets firefighters check their equipment, such as PPE and SCBA, and every nozzle. “Check the rest of the equipment on the engine or truck to make sure it is where you left it the day before,” says Guida.

“If you are there for the first time, check to see where everything is,” he advises. “Knowledge of what is in those cabinets means you have one less thing to worry about when the big one hits.”

For you, you could prepare by planning your ideal week in advance or reviewing your to-do-list every evening. If you have a Zoom call, test everything out so that it starts on time is flawless. And, always put things back where they belong so that you know where they are when needed.

3. Implement a triage system.

“In addition to typical firefighter challenges, firefighters face unique problems, including the evacuation of civilians and animals; hazardous conditions, such as propane tanks, power lines, and hazardous materials; and protecting high-value assets at risk, including homes and businesses,” explains Chief Mike Bryant. “Because of these situations, firefighters must rapidly assess a structure to determine whether or not it can be safely and successfully defended.” For firefighters, this “evaluation process is called structure triage.”

“Structure Triage is the process of inspecting and classifying structures according to their dependability or non-defendability, based on fire behavior, location, construction, and adjacent fuels,” clarifies Chief Bryant.

Chief Bryant goes on to describe a tool developed by CAL FIRE WUI Working Group called S-FACT. It stands for survival, fire environment, access, construction/clearance, time constraints, and stay or go. In short, structure triage helps them identify where their priorities should be.

You probably can’t use the precise model; you also need to know which fire to put out first. Personally, I use a priority box like the famous Eisenhower Matrix where you place all of your to-do-lists items into one of the following quadrants:

  • Urgent and important. Tasks that you will do immediately.
  • Important, but not urgent. Tasks that you’ll schedule for later.
  • Urgent, but not important. Anything that can be delegated to someone else.
  • Neither urgent nor important. These should be eliminated from your list and schedule.

What happens when there’s a last-minute emergency? Utilize the 2-minute rule. It resembles more of a triage system in that it takes under 2-minutes to complete; you should just do it. If it’s something that could be done by someone else, delegate it to them.

For important, time-consuming actions, schedule it for later. And, if it’s unimportant, drop it.

4. Pass the nozzle.

A “senior man” is a firefighter who leads by example — regardless of their rank or pay. “The Senior Man is someone who not only trains but passes on experience learned in the past and applied to how things are done today using a new technology to their advantage,” writes Chief Patrick Kelly & Battalion Chief Tom Gaeta. “He/she holds that ‘slide tray’ of information in his/her head and is willing to share whenever the situation allows.”

“The Senior Man may pass the nozzle to the probie or talk you through a chimney fire because you’ve never done it,” they add. In other words, they’re a mentor who can prepare officers to become excellent firefighters.

Even if you aren’t in a leadership position, you also need to have some sort of succession plan. That means properly training others and giving them the resources to succeed. And also clearly communicating your expectations.

Most importantly, take the time to show them the ropes, like letting them shadow you and pick your brain during lunch. Since you took them under your wing, you’re confident that they can put any fire out without you. As an added perk, having your trust will strengthen your relationship with them.

5. Surround yourself with good company.

Of course, no matter how much you mentor others, they still need to possess similar traits as those of firefighters. According to firefighters around the country, these include:

  • Integrity
  • Physical fitness
  • Communication
  • Flexibility and adaptability
  • Dedication
  • Team player
  • Mechanical aptitude
  • Public image-conscious
  • Tolerance
  • Self-sacrifice

I don’t know about you. But, these are the type of people I would want in my support system. Having competent and talented people that I trust means that fires will never sabotage my most important work.

Why? Because I trust them and have all the faith in the world that they have my back. Of course, this goes all the way back to hiring the right team members from the get-go — whether if they’re full-time or freelancers.

In a previous Calendar article, Choncé Maddox suggests that this can be accomplished by:

  • Hiring on both potential and experience.
  • Hiring from diverse backgrounds.
  • Considering references and previous work samples.
  • Scheduling trial work.
  • Not rushing the hiring process and taking your time.
  • Offering fair pay.

6. Create a firewall.

I’m not talking about securing your devices — which you still should totally do. Rather, this firewall is the “fire-resistant barrier used to prevent the spread of fire for a prescribed period of time.”

Let’s say that throughout the day, you’re constantly interrupted by people stopping by your workspace — or blowing up your phone. If this becomes unbearable, then you need to install buffers. It could be as simple as placing a “Do Not Disturb” sign or your closed door to hiring a virtual assistant to handle calls and emails.

Another benefit of a virtual assistant is that they’re essentially your calendar’s gatekeeper. That means they will plan your schedule and share your availability with others. And, if something unexpected does pop-up, they can determine the level of urgency for you.

7. Preempt fires in the first place.

Don’t just sit back and wait for a fire to become unmanageable. Take steps to avoid them in the first place. Examples include electrical grounding during construction, not burning fires when it’s dry and windy, and investing in a fireproof safe to protect important documents.

As for you, you could back-up vital documents on the cloud. You could also learn from past mistakes, asking for feedback, and considering hypotheticals. Data analysis could also be used in identifying and anticipating problems in processes or workflows.

However, despite your best efforts, the unexpected is always lurking around the corner. As such, I’ve found that the best way to tackle this is by leaving some blank spots in your calendar.

How you do this is up to you. For some, they may tack-on additional time to a task. For instance, if something takes them an hour, they’ll block out an hour and a half. The idea is that they have 30-minutes to spare just in case. But, that may backfire thanks to Parkinson’s Law.

Personally, I leave blank spots in my calendar. For example, I might not schedule anything from 1 pm to 2 pm. That block can be used to attend to fires or shuffle my schedule around to be more flexible.

7 Ways To “Put Out Fires” Like Firefighters was originally published on Calendar by John Rampton.

The post 7 Ways To “Put Out Fires” Like Firefighters appeared first on KillerStartups.

KillerStartups

[Casper in Yahoo Life] The Casper Nova Hybrid Is Made for Side Sleepers—And People Who Like *Really* Soft Beds

That is, until I got the chance to test out the Casper Nova Hybrid, which is specifically designed for side sleepers like me. Those of us who prefer to sleep on our left or right sides need a little more cushioning to avoid waking up with all those aches and pains—but that doesn’t mean we want to give up the support that a firmer model might offer.

Read more here.

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