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Mentor Chris Riche startup nevada 1

Chris Riche

Location: Reno

Career Experience: Operations, Technical Development, Finance, Marketing 

Industry Experience: N/A

Experience And Industry Summary Professionally, I love building, leading, and working across high-performing teams to deliver results by a) gaining deep market and competitive understanding, b) creating, validating, and getting organizational buy-in to winning strategies, c) translating those strategies into successful product/service offerings, and d) developing and executing efficient and effective marketing and sales plans.

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Mentor Bryan McArdle startup nevada 1

Bryan McArdle

Location: N/A

Career Experience: N/A

Industry ExperienceN/A

Experience And Industry Summary N/A

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Mentor Brittany Rohr startup nevada 1

Brittany Rohr

Location: Las Vegas

Career Experience: Sales

Industry ExperienceB2C: Consumer Products & Services

Experience And Industry Summary N/A

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Mentor Bob Farrar startup nevada 1

Bob Farrar

Location: Reno

Career Experience: Sales, Marketing, Technical Deveopment, Operations

Industry ExperienceB2B: Business Or Enterprise Products & Professional Services, Tech Products: IoT & Other Technology Related Hardware Products, Software: SaaS | Mobile Apps | Other Software Solutions, Other: Please Describe Below

Experience And Industry Summary Consulting (Top Tier: Andersen Consulting / Accenture, Optum Insight, Cognizant. Seeking €ŒInnovation Program Or Company Upgrade / Build-Out Leadership Role;Including Sales / Business Development, Premier Clients, Pilot Programs, Partnerships, Joint Ventures, Technology, Operations (P&L). Senior Leadership Achievements With Accenture And C-Level Roles In Tech-Enabled Healthcare Solutions – Combined With A Post-Kellogg MBA Change To Hands-On, Entrepreneurial Sales, Business Development, Pilot Programs And Operating (P&L) Leadership Roles In Focused, Tech-Enabled Healthcare Solutions Companies And Emerging Divisions Within Larger Companies. Extensive Experience (10 Years) Successfully Leading Virtual Companies And Remote Teams Across The U.S. And Globally (India, Philippines). Successful Track-Record With Business Process Outsourcing (BPO) And Offshoring. Driving Strategic Healthcare Solutions To Market – Sales, Business Development, Pilot Programs, Operations (P&L), Technology.

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Mentor Bill Slekkerveer startup nevada 3

Bill Slikkerveer

Location: Reno

Career Experience: Operations, Finance

Industry ExperienceInvestments | Insurance | Real Estate | Banking | Financial Services

Experience And Industry Summary Bill is on StartUpNV’s investment committee. he is detail-oriented and extremely proficient at company due diligence.

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Andy Abramson

Location: Las Vegas

Career Experience: Strategic Communications, Marketing

Industry ExperienceB2C: Consumer Products & Services, B2B: Business Or Enterprise Products & Professional Services, Tech Products: IoT & Other Technology Related Hardware Products, Software: SaaS | Mobile Apps | Other Software Solutions

 

Experience And Industry SummaryCorporate And Marketing Communications, Public Relations, Crisis Communications, Media And Analyst Relations, Agency Management, Brand Management, Brand Marketing, Startup To Exit Leadership, Value Creation Communications, Sports Marketing, Entertainment Marketing, Non-Profit Organizational Development And Leadership

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Mentor Andre Wise startup nevada 1

Andrew Wise

Location: San Francisco Bay Area

Career Experience: N/A

Industry Experience: N/A

Experience And Industry Summary:

N/A

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Mentor Amy Looper startup nevada 2

Amy Looper

Location: Outside Nevada

Career Experience: Sales

Industry Experience: B2C: Consumer Products & Services, B2B: Business Or Enterprise Products & Professional Services

Experience And Industry Summary:

Amy Specializes In Sales.

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The ABCs of Scaling Your Business

The ABCs of Scaling Your Business

scaling business

There’s a lot of debate around what is considered the hardest part of growing your business, but what we can all agree on is that there is no shortage of pain points. In my opinion, the difficulty of growing your team of 10 to 20 is not talked about enough. At face value, it seems simple enough, the number isn’t overwhelming, it’s just 10 more people on the team, what’s so hard about that? But the cracks that begin to form in a business at that stage can act as sleeper cells that don’t show themselves until later on. 

Let’s dive right into what happens in that stage of growth. For the first time in the business, leadership isn’t meeting with every single person weekly. Founders are natural visionaries and motivators, meeting with everyone weekly gives them the opportunity to (1) ensure the team knows exactly what the company is trying to accomplish, (2) how this individual is directly contributing to that goal, and (3) get direct feedback from the team. This interaction allows teams to move in the right direction, stay motivated, and feel heard. Once that’s gone, if leadership is not intentional about how they solve these problems, over time, as you grow, it can lead to a completely misaligned company, and leave leadership confused as to why the team is “unmotivated” or “slacking off”.

Now, we can spend years talking about the pros and cons of different management philosophies, but instead, let’s keep it simple. There are 3 things you can do that most management experts agree on:
 
  1. Clearly define your company’s mission and vision. Your mission statement is what you do today, it’s why the company exists, whereas your vision is where you want to be, all the things you want to accomplish as a company. The combination of those two things makes it crystal clear to your team what they do day-to-day and what they should strive to accomplish. Make sure you repeat it regularly, at every company-wide meeting, during events, etc. and do so with the same passion you would if you were in a 1:1 meeting with each employee.
  2. Set clear objectives for your team. 95% of the time, employees want to succeed. They want to do great work, be acknowledged, and compensated appropriately for it. Issues usually arise from employees not knowing what they’re supposed to be focusing on and if you leave it up to that, that may not necessarily be aligned with what you are hoping to accomplish. There are many ways to do this, but I’m a huge proponent of using OKRs. Start with setting company-wide objectives, then create department ones, and finally individual goals that all tie into each other.
  3. Create a formalized 2-way feedback loop. When you’re a small team, you generally know how everyone is feeling and can give/get daily feedback. As you scale, you won’t all be in the same room, you won’t always be working together, and you have new employees that don’t know you on a personal level. Build out a formalized process where employees can give feedback anonymously to you and where managers can give quarterly/ biannual performance reviews and feedback to employees.

Bio:
Faye has spent the last 10 years in the startup ecosystem as a founder, employee #1 at VC backed startups, and as a venture capital investor. She’s currently the Founder of Faye Almeshaan Consulting, a fractional COO consultancy. Faye is an advocate for women’s rights, financial inclusion, and more funding for underrepresented founders. She also runs a community for Young Professionals of Color in Las Vegas. Faye received her MBA from University of Toronto and her Bachelors in Finance from Florida International University.
Website: Fayealmeshaan.com

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companies get pre seed funding investors at Angel NV Conference 3

Six Nevada-based startups advance to final round for AngelNV investment

Six Nevada-based startups advance to final round for AngelNV investment

One company to receive at least $200,000 from local angel investors

LAS VEGAS – Operated by StartUpNV, a nonprofit incubator and accelerator for Nevada-based startup companies, AngelNV will hold its Shark Tank-style grand finale on Saturday, April 30 at 1 p.m. at the Las Vegas City Hall where six startup companies will pitch to secure an investment totaling at least $200,000. 

 The six finalists were selected from more than 250 participants in AngelNV’s free entrepreneur bootcamp sessions that educate startup founders how to raise venture capital. The $200,000 investment will come from angel investors who have invested at least $5,000 and have been participating in AngelNV’s investor bootcamp that teaches angel investing strategies and tactics.

 Currently, nearly 75 first-time and experienced investors in the AngelNV investor group have pledged to invest at least $200,000 to one company. By the April 30 event, even more investment funding may be available and awarded to one or more runners up from the six finalists. Last year, 52 investors awarded $220,000 to one finalist company and $55,000 investments to two runners up.

 Five of the startup finalists are from Southern Nevada, and one is female-owned. The six startup finalists and their service or product offerings are:

  1. AcuStitch created a suturing tool that is especially helpful for incisions exceeding 10 cm in length. The tool uses a variety of needle sizes and suture widths. It offers programmable stitch patterns and can perform surface, subcuticular and subcutaneous sutures.
  2. Carrot developed a complete Customer Experience platform for cannabis retail. It integrates e-commerce, ordering, delivery, and rewards programs into one easy to use application for both the retail operators and customers.
  3. SeeID created a real-time asset tracking system that detects and tracks the location of objects indoors or in a contained area outdoors via a mesh network that uses edge technology that requires less infrastructure to deploy, costs less, and requires no power source or batteries.
  4. SemiExact makes furniture kits and table legs for the do-it-yourself creator. They have bedframes, shelving, live edge wood, table legs, and outdoor furniture in a variety of finishes.
  5. Surgistream is a software application that solves the scheduling of surgeons, operating rooms, support personnel, and devices needed for a surgery.
  6. Terbine collects data from Internet of Things devices and packages the data into useable information for planning, including creating digital twins of cities.

AngelNV is a program of StartUpNV that provides expert mentorship to startups and access to a network of capital partners. Since it began operation in 2017, more than $72 million has been raised and invested in 30 companies participating in StartUpNV programs, including AngelNV. In fact, $46.2 million was invested in 16 companies in the last 18 months – despite a global pandemic.

 StartUpNV launched AngelNV to foster an angel investment network for Nevada-based startups and attract to the state scalable startup businesses and entrepreneurs with big ideas to build a more diversified and resilient economy. AngelNV is building a bridge between entrepreneurs and angel investors by teaching startups how to raise venture capital and advising potential investors on wise investments. For more information on AngelNV visit: www.angelnv.com and tickets for the April 30 event are available online.

 Editor’s Note: Media interested in speaking with any of the finalists or the executive director of StartUpNV/AngelNV in advance of the April 30 event, please email: amy@twgpr.com. Below are photos of last year’s grand prize investment winner, Safe Arbor.

Safe-Arbor-Winner-Check-Photo

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