At BearPeak, we talk about the benefits of having a fractional CTO (Chief Technology Officer) and the hybrid advantage they provide, but why are CEOs coming to BearPeak in the first place? Here are the top reasons startups seek out fractional CTOs: 1. Joint Leadership of Your Tech Team Anyone can run a startup, so long as they have an idea and the passion to see it through. This means that entrepreneurs come from all sorts of backgrounds, but many don't have software experience. That's why founders hire specialists. But how are you supposed to regulate a tech team if you don’t understand what they do? You need a fractional CTO. Fractional CTOs are unique due to their combination of tech and startup leadership experience. They can explain what your specialists are doing, ways the team could improve, and guide your staff through those upgrades. A fractional CTO brings ideas to improve your tech team's work environment and communication methods. Think of them as the thread uniting your company's leadership and tech teams. 2. Guide & Motivate the Tech Team Your tech team can gain irreplaceable experience from a leader who has been in their shoes. A fractional CTO can improve their overall productivity, collaboration, morale, and education. Many CEOs need a passionate team member with well-rounded experience to fill the gaps in their team. Whether you need to fill a leadership gap during a transition or want a temporary masterclass to improve your tech team's skills, a fractional CTO is ready to share their expertise. 3. Efficiently Resolve a Problem Experts in a combination of software and leadership know how urgent issues can be and how to resolve them. A fractional CTO can be quickly integrated and get to work, starting with a comprehensive assessment and the specific issue at hand. They then develop a strategic plan tailored to address your issue, providing hands-on support during implementation, including collaboration with both your internal teams and external vendors. Throughout the process, the fractional CTO can monitor progress and make necessary adjustments to ensure their solution's effectiveness. All the while, a fractional CTO will be transferring knowledge and skills to your internal team, empowering them to handle similar challenges independently in the future. 4. Oversee Optimization Looking to implement new tech? Want to make sure it's integrated smoothly? Work with a fractional CTO for a leader who is up-to-date on the newest innovations and has experience implementing new tech themselves. They can help with: Product development Product innovation Scalability Technology roadmap planning Cybersecurity Compliance Tech stack optimization Tech strategy alignment They can optimize the product development lifecycle to help you achieve better outcomes, drive innovation, and ensure scalable technology solutions. 5. Extend Your Network Without tech experience of your own, it can be difficult to know which specialties you need on board. Just one hire could drastically improve your team, but only someone with a great circle of connections will know who that hire could be. Since fractional CTOs have worked across different tech roles to build their cumulative experience, in the process, they’ve built a community of engineers and can recommend the best fit candidates. By partnering with someone who possesses extensive industry networks and resources, your company can strategically extend its own. This includes tapping into the fractional CTO's industry contacts to: Gain access to valuable opportunities and resources Forge strategic partnerships with complementary organizations Leverage specialized talent recruited through the CTO's network Explore funding opportunities facilitated by connections to potential investors Through these avenues, you can expand your company's network, access new opportunities, and accelerate your growth trajectory. 6. A Fresh Perspective on Demand As external consultants, fractional CTOs are not entrenched in the day-to-day operations of your business. This allows them to approach challenges with a fresh set of eyes. A fractional CTO can identify your team's blind spots or inefficiencies that may have been overlooked by those who are too close to the problem. Moreover, fractional CTOs often work with multiple clients across various industries, giving them exposure to diverse challenges and solutions. Additionally, fractional CTOs can provide valuable insights into emerging opportunities or threats that may affect demand for your company's services. A fractional CTO has been in your shoes before. Now, they function as an expert resource at your fingertips whenever you need them. The benefits of bringing on an expert on a need-only basis is one of the biggest reasons CEOs are turning to fractional CTOs. Get Connected with Your Own Fractional CTO Now that you know all the ways a fractional CTO could help, let's bring your team to its peak! Schedule a free consultation call with our founder and CEO John Eckhardt to learn more. It's important for us to disclose the multiple authors of this blog post: The original outline was written by chat.openai, an AI language model. The content was then edited and revised by Lindey Hoak. "OpenAI (2024). ChatGPT. Retrieved from https://openai.com/api-beta/gpt-3/" BearPeak Technology Group is a software studio based in Boulder, CO, offering studio, strategy, and staffing services. The startup studio takes ideas from concept to reality. The strategy services range from Fractional CTO mentors to architecture and specialized skillset services. for startups, businesses, and entrepreneurs. The staffing services assist teams in connecting with high-quality software developers. If one of these sounds like the solution for you, get in touch with BearPeak for a free consultation at bearpeak.io/contact .

You’ll only strike a deal if you’ve got what they’re looking for. Today, we’ve gathered the key factors that investors look for in a startup. While preferences vary, these are common criteria that you’ll want to show off: New to BearPeak? -  Watch a client testimonial - Learn more about  our software studio TABLE OF CONTENTS A strong and capable team Open-minded listeners Compelling UVP Significant traction Innovative technology Market growth potential Exit strategy Risk management Legal compliance A strong and capable team ... because the people make the product! Without a great team, why should someone trust you’ll be successful? Investors want to see a capable and experienced founding team. They look for entrepreneurs with a track record of success, relevant industry expertise, and the ability to execute a business plan. Open-minded listeners Investors know the value of a strong network and the presence of experienced advisors. They’ll often consider these to see how your founder interacts with others in the business. How does your team get along with others? Who will be contributing strategic insights to the future of your startup? Investors appreciate founders who are open to feedback and are willing to learn. Compelling UVP (Unique Value Proposition) Why should they invest in your startup? What makes you different from the hundreds of others they’ve been introduced to? Investors look for startups with a clear and compelling value proposition that addresses a specific problem. They’ll assess your brand’s uniqueness and how well it differentiates from existing solutions. Even if you don’t strike a deal, you’ll want to make your business memorable. That way, they might linger on your idea and come back around later. Significant traction Armed with a great idea, a clear plan, and an audience? Now investors want to see the numbers. A brilliant idea is only the beginning of what investors look for. It’s important to demonstrate that your startup is gaining customers and generating revenue. They’ll be closely examining metrics such as your user acquisition, customer retention, and recurring revenue. Whether through a freemium model, subscription-based revenue, or other strategies, a well-defined revenue plan is crucial to their consideration. * Need a refresher? Check out our quick guide to understanding your Monthly Recurring Revenue (MRR) Innovative technology Investors are keen to work with startups that have a competitive edge. If you're leveraging new technology, you’re more likely to attract investment attention. Here are a few examples: Artificial intelligence and machine learning Robotics and automation Clean energy and sustainability Quantum computing Edge computing, like the Internet of Things (IoT) Market growth potential Where does your business roadmap say you’ll go next? What’s the end goal? A compelling growth story will be crucial to attract interest. Investors will be assessing your startup’s market positioning and strategic vision, so having a well-thought out business plan will be essential. They want to understand how you plan to navigate challenges and capitalize on opportunities. Investors favor business models with the potential to grow exponentially, and to do it fast. Scalability is often a critical factor to achieve a high return on investment. * We have tips on preparing for rapid business growth . Exit strategy Investors put their money where they expect a profitable exit. They’ll assess your potential exit strategies (such as acquisition opportunities or the potential for an Initial Public Offering). Your startup’s alignment with its investment timeline and goals is crucial. Set realistic checkpoints and review your progress. Agile frameworks like Scrum and Kanban can help keep team members accountable and keep investors updated on progress. Risk management While investors are aware of the inherent risks in startups, they appreciate when a founder has already identified these risks and developed strategies to mitigate them. If you bring a risk assessment and mitigation plan to the table, you’ll be demonstrating thorough preparation. Legal compliance Startups with a clear legal structure, intellectual property protection, and compliance with regulations are viewed more favorably. Investors do their due diligence to make sure they're investing in a team and company that has all its paperwork in order. This is a great opportunity to get back to the basics: write or review your employee handbook and organize all of your business structure's legal requirements. It's important for us to disclose the multiple authors of this blog post: The original outline was written by chat.openai, an AI language model. The content was then edited and revised by Lindey Hoak. "OpenAI (2024). ChatGPT. Retrieved from https://openai.com/api-beta/gpt-3/" BearPeak Technology Group is a software studio based in Boulder, CO, offering studio, strategy, and staffing services. The startup studio takes ideas from concept to reality. The strategy services range from Fractional CTO mentors to architecture and specialized skillset services. for startups, businesses, and entrepreneurs. The staffing services assist teams in connecting with high-quality software developers. If one of these sounds like the solution for you, get in touch with BearPeak for a free consultation at bearpeak.io/contact .

Software development is continuous and intricate. It demands cooperation beyond the capabilities of traditional, inflexible project frameworks. That's why a group of developers created the Agile Manifesto, a statement of values and principles emphasizing: Individuals and interactions over processes and tools Working software over comprehensive documentation Customer collaboration over contract negotiation Responding to change over following a pre-charted plan The manifesto prioritizes flexibility, collaboration, and adaptability in software development, aiming to deliver high-quality, effective products. In this article, we'll be comparing two Agile frameworks, Scrum and Kanban, to better understand their principles, practices, and how they can best be applied to your next project. New to BearPeak? - Watch a client testimonial - Explore our startup studio - Learn more about our software studio TABLE OF CONTENTS What are Agile Frameworks? Scrum Kanban Scrumban: Combining Elements Implementation Challenges Best Practices for Success What Are Agile Frameworks? definition: Agile frameworks are processes and guidelines that prioritize flexibility, collaboration, and customer satisfaction. Since software development teams need to respond quickly (e.g. hanging requirements, market conditions, customer feedback), they intentionally divide the work into small, manageable chunks. This allows for early, continuous delivery and also encourages ongoing feedback. Agile frameworks are designed to be adaptable, collaborative, incremental, and iterative. These frameworks also emphasize communication through face-to-face and transparent documentation. A need for flexibility stems from human interference, so it's important for everyone to stay connected. Decisions are based on real-world data and observations rather than assumptions. Teams use metrics, feedback loops, and regular inspections to make informed decisions and adapt their approach accordingly. Overview of Scrum definition: Scrum is an agile framework that emphasizes cross-functional teamwork and adaptation. The term "scrum" originates from rugby, where it refers to a method of restarting play after an infringement. Jeff Sutherland and Ken Schwaber developed Scrum as a software development framework in the early 1990s, and they borrowed the rugby term to match that collaborative, cross-functional team approach. When Should You Use Scrum? Cross-Functional Teams Scrum works well when teams cross-functional teams can commit to delivering a potentially shippable product increment at the end of each sprint. The roles of Scrum (Product Owner, Scrum Master, Development Team) are well-defined and suited for such teams. Well-Defined Goals Scrum's fixed-length iterations (sprints) can help focus efforts and provide a structured approach, but do it best when the project has clear objectives. Due to these characteristics, Scrum is well-suited for software, product, and research development projects. Scrum Roles and Responsibilities Product Owner The Scrum Product Owner (PO) is responsible for defining the product vision, prioritizing requirements, collaborating with stakeholders, and empowering the Scrum Team to deliver high-quality solutions that meet the needs of the business and its customers. Scrum Master The Scrum Master facilitates collaboration, removes impediments, promotes Scrum values and practices, and empowers the team to deliver high-quality solutions that meet stakeholder needs. Development Team The Development Team is responsible for regularly delivering high-quality product improvements, while continuously improving their processes and collaborating closely with stakeholders. Scrum Outline In short, a Scrum project consists of: Determining what needs to be built/improved. Mapping out what steps need to be achieved and how long they'll take. Working on those steps with daily check-ins to track progress. Presenting the finished work. Reviewing what went well and revising the plan for next time. In more detail, here are the typical steps you would follow in a Scrum project: 1. Project Initiation Identify the need for the scrum project. Establish your objectives and expected outcomes. Create a product vision statement. Form the Scrum team: a Product Owner, a Scrum Master, and Development Team members (we'll get to these roles later on). Conduct initial planning meetings to define the project scope. 2. Product Backlog Creation The Product Owner collaborates with stakeholders to create a prioritized list of features, enhancements, and fixes. This is known as the Product Backlog. Each item in the backlog is expressed as a user story or a clear description of the desired functionality from an end-user perspective. 3. Sprint Planning The Scrum Team holds a Sprint Planning meeting at the beginning of each sprint. The Product Owner presents the top items from the Product Backlog to the team. The Development Team selects items from the Product Backlog to work on during the sprint, basing their choices on capacity and sprint goal. The team breaks down the selected items into smaller tasks and estimates the effort required to complete them. 4. Sprint Execution The sprint typically lasts 2-4 weeks. Daily Stand-up meetings are held to discuss progress, obstacles, and plans for the day The Development Team works on the tasks identified during Sprint Planning The Product Owner is available to provide clarification on user stories. 5. Sprint Review At the end of the sprint, the Scrum Team holds a Sprint Review meeting. The Development Team demonstrates the completed work to the Product Owner and stakeholders. Feedback is gathered, and the Product Backlog may be adjusted based on new insights or priority changes. 6. Sprint Retrospective Following the Sprint Review, the team holds a Sprint Retrospective meeting. The team reflects on what went well during the sprint and identifies opportunities for improvement. Action items are defined to address any issues or challenges encountered during the sprint. 7. Repeat The cycle repeats with a new Sprint Planning meeting, and the next sprint begins. The process continues iteratively, with the Scrum Team delivering increments of working software at the end of each sprint until the project goals are achieved. Throughout the project, transparency, collaboration, and adaptation are the key principles. Scrum Terms & Definitions Now that you understand Scrum, let's dive into the specific terms you may hear for parts of the process: Product Backlog The prioritized list of features, enhancements, and fixes decided on and written before a sprint begins. It ensures that everyone understands what needs to be done, why, and how it fits into the overall vision. Sprint Backlog The sprint backlog breaks down the items selected from the product backlog into smaller, more manageable tasks. Each task is clearly defined and assigned to a team member. This detailed work plan provides transparency and ensures that everyone understands their responsibilities. Scrum Increment The sum of all the product backlog items completed during a sprint, plus the increments from all previous sprints. It represents a potentially releasable version of the product that is fully functional and meets the Definition of Done. Definition of Done (DoD) This outlines the criteria that must be met for a product backlog item to be considered completed within the sprint. Sprint Planning A collaborative meeting involving the entire Scrum team - the Product Owner, Scrum Master, and Development Team. The primary purpose of Sprint Planning is to define what will be delivered in the upcoming sprint and how the work will be accomplished. Timeboxing The maximum unit of time allocated to completing an activity. The principle is that setting a strong final deadline encourages a more efficient use of time. Sprint Planning is timeboxed, typically to a maximum of eight hours for a one-month sprint. For shorter sprints, the timebox is adjusted accordingly. This time constraint encourages the team to focus on essential discussions and make efficient decisions. Daily Standup The daily standup (or daily Scrum) is a short meeting that takes place every day during a sprint. Its primary purpose is to provide a structured opportunity for the Development Team to discuss progress, synchronize their activities, and identify any obstacles. The standard format of the daily standup revolves around three questions: What did you do yesterday? What will you do today? Are there any impediments or obstacles in your way? This is a valuable time to keep the team aligned, identify issues early on, and ensure that everyone is focused on achieving the sprint goal. Overview of Kanban definition: Kanban is a framework in which progress is visually represented in stages. In Japanese, "kanban" ( 看板) translates to "signboard" or "visual card." The system was initially developed by Taiichi Ohno at Toyota in the 1940s as a way to manage inventory and production flow efficiently. Kanban uses visual signals, such as cards or a whiteboard, to indicate when and how much work should be done at each stage in the production process. When Should You Use Kanban? Continuous Flow of Work When work items are continuously incoming and outgoing without fixed iterations, Kanban's focus on visualizing and optimizing flow can be more suitable. Highly Variable Workload If the team experiences frequent fluctuations or unpredictability, Kanban's flexibility in adjusting without disrupting the flow of work can be beneficial. Kanban is well-suited for project teams like technical support, content creation, marketing campaigns, and IT operations. All of these manage continuous tickets and can benefit from a focus on flow and visual management. Kanban Roles & Responsibilities Kanban Master (or Process Facilitator) Implements and maintains the Kanban system. They facilitate communication, monitor flow, enforce WIP limits, and continuously improve the process. Team Members Execute the Kanban tasks and complete work items according to the priorities set. They collaborate to ensure smooth flow and timely delivery. Customers Even though they are likely unaware of their role in the Kanban workflow, customers are a vital component. The customer defines the requirements and priorities of the work that needs to be done. They may also provide feedback. Kanban Outline Here's a hypothetical project in Kanban. For this example, the team is managing a content creation pipeline for a marketing campaign. 1. Setup A Kanban board is created with columns representing different stages of the process (e.g., To Do, In Progress, Review, Published). Each column contains cards representing individual content tasks. 2. Work In Progress (WIP) Limits WIP limits are set for each column to ensure that the team doesn't overload themselves at any stage of the process (e.g., the In Progress column might have a WIP limit of 3 tasks at a time). 3. Daily Standup The team holds a brief daily standup meeting to discuss progress, identify any blockers, and ensure that work is flowing smoothly through the board. 4. Continuous Flow As tasks are completed, they move across the board from left to right, ultimately reaching the "Published" column when they're ready for release. 5. Feedback Loop Throughout the process, stakeholders can provide feedback on the content tasks as they progress through the board, ensuring that the final output meets expectations. Kanban Terms & Definitions Work in Progress (WIP) Limits The number of tasks actively being worked on at any given time within the Kanban system. Keeping WIP limits helps maintain flow and prevent overloading your work. By limiting WIP, your team can focus on completing tasks efficiently, identify bottlenecks more easily, and maintain a smooth flow of work. Pull System A method where a new task is only pulled into the system once there’s capacity to handle it. This is based on actual demand, rather than pushing work based on a predefined schedules. It helps ensure efficient use of resources and minimizes the sensation of being overwhelmed by too many tasks. Lead Time The duration it takes for a task to move from the moment it is requested until it is completed. This includes all the time spent in various stages of the workflow, such as analysis, development, testing, and deployment. By analyzing lead times, teams can optimize their workflow. Cycle Time The duration it takes for a task to be completed once work on it has started. Unlike lead time, cycle time focuses solely on the time spent actively working on the task. By analyzing cycle time, teams can identify bottlenecks, streamline their process, and improve overall productivity. Scrumban: Combining Elements The choice between Scrum and Kanban depends on factors such as the team structure, predictability of requirements, and preference for fixed iterations versus continuous flow. Each framework has its strengths and is better suited for different contexts, but you don't necessarily have to pick just one: 1. Start with Scrum Begin by implementing Scrum as a foundation. Define roles and artifacts such as the Product Backlog, Sprint Backlog, and Burndown Chart. Establish sprint lengths and conduct sprint planning meetings to select items from the backlog for the upcoming sprint. 2. Visualize Work with a Kanban Board Introduce a Kanban board to visualize the workflow. The board typically consists of columns representing various stages of work (e.g., To Do, In Progress, Review, Done). Tasks or user stories move through these columns as they progress. 3. Limit Work in Progress (WIP) Implement work-in-progress limits for each column on the Kanban board. WIP limits prevent team members from taking on too many tasks simultaneously, thus helping to maintain focus and improve flow. 4. Continuous Improvement Emphasize continuous improvement through regular retrospectives. Reflect on what went well, what didn't, and what can be improved. Adjust the process accordingly to address any issues or bottlenecks identified during retrospectives. 5. Flexibility in Sprint Planning While maintaining the concept of sprints, allow for flexibility in sprint planning. Instead of committing to a fixed set of stories for the entire sprint, consider adding stories dynamically as capacity allows, based on customer priorities and feedback. 6. Prioritize Based on Customer Needs Prioritize work items based on customer needs and value delivery. This ensures that the team is focusing on the most valuable tasks first, aligning with the principles of both Scrum and Kanban. 7. Embrace Change Be open to change and adapt the process as needed. Scrumban encourages teams to evolve their practices continuously based on feedback and lessons learned. 8. Metrics and Analytics Use metrics and analytics to monitor and improve performance. Kanban provides several metrics such as cycle time, lead time, and throughput, which can help identify areas for improvement and measure the team's effectiveness. 9. Collaboration and Communication Foster collaboration and communication within the team. Encourage transparency and open communication to ensure everyone is aligned and working towards common goals. By blending elements of Scrum and Kanban, Scrumban offers teams a flexible approach to agile development, allowing you to leverage the best practices from both methodologies while adapting to their specific needs and circumstances. Implementation Challenges Here are some potential hurdles and how your team can overcome them. Resistance to Change One of the biggest challenges is often resistance to change, both from team members and stakeholders who are accustomed to traditional project management methodologies. It may take time and effort to convince them that an agile approach would be beneficial. Lack of Understanding If team members and stakeholders don't fully understand Scrum or Kanban, it can lead to misinterpretation or misuse of the methodology, resulting in inefficiencies and frustration. Team Dynamics Agile methodologies rely heavily on self-organizing teams and collaboration. If there are issues with team dynamics, such as lack of trust, communication barriers, or conflicting personalities, it can hinder the effectiveness of agile practices. Overcommitment Teams may struggle with overestimating workload abilities during sprint planning, leading to unrealistic expectations and burnout. It’ll be essential to accurately estimate the amount of work that can be completed within a sprint or certain timeframe. Addressing these challenges requires commitment, collaboration, and continuous improvement. It's essential for teams to identify and address obstacles as they arise, adapt their practices accordingly, and foster a culture of resilience and learning. Best Practices for Success Transparent Communication and Clear Responsibilities Foster an environment of open communication within the team and with stakeholders. Regularly communicate progress, challenges, and changes to ensure everyone is aligned and informed. Ensure that team members understand their roles and responsibilities within the framework. Focus on Prioritization Prioritize work items based on customer needs and business value. Focus on delivering the most valuable features and tasks first to maximize your return on investment. Regular Feedback Loops Incorporate regular feedback loops into the process to gather insights from stakeholders and end-users. This could include sprint reviews, demos, user testing, and retrospectives. Empowerment and Autonomy Encourage team members to make decisions and take ownership of their work. Empower autonomy and self-organization within the team, allowing individuals to determine the best approach to achieve your goals. It's important for us to disclose the multiple authors of this blog post: The original outline was written by chat.openai, an AI language model. The content was then edited and revised by Lindey Hoak. "OpenAI (2024). ChatGPT. Retrieved from https://openai.com/api-beta/gpt-3/" BearPeak Technology Group is a software studio based in Boulder, CO, offering studio, strategy, and staffing services. The startup studio takes ideas from concept to reality. The strategy services range from Fractional CTO mentors to architecture and specialized skillset services. for startups, businesses, and entrepreneurs. The staffing services assist teams in connecting with high-quality software developers. If one of these sounds like the solution for you, get in touch with BearPeak for a free consultation at bearpeak.io/contact .

New to BearPeak? - Watch a client testimonial . - Explore our software studio . - Learn more about us . TABLE OF CONTENTS What is the Internet of Things (IoT?) The Impact of the IoT Smart Homes Wellness Retail Environments Industrial IoT (IIoT) Smart Agriculture Smart Cities Education 8 Reasons to Use JavaScript for IoT 1. JavaScript is a Common, Cross-Platform Language 2. JavaScript Runtime Environments and Frameworks 3. Development with IoT Platforms and Services 4. Web of Things (WoT) 5. Edge Computing 6. Community Support 7. Device Communication and RESTful APIs 8. Security What is the Internet of Things (IoT)? Definition: The Internet of Things consists of interconnected devices with built-in sensors and software, facilitating data exchange and automation. Some of the most recognizable IoT devices include: Smart Device Examples Phones and tablets Android phones, Apple iPhones and iPads Speakers Amazon Echo, Google Home Thermostats Nest, Ecobee Home security Ring, Arlo Lighting Philips Hue, LIFX Locks August Smart Lock, Yale Assure Lock TVs and streaming Roku, Apple TV Fitness trackers Fitbit, Apple Watch Kitchen appliances Smart refrigerators, ovens, & coffee makers Cars and tracking systems Tesla, GPS trackers Industrial sensors Machinery monitors, predictive maintenance systems, and logistics tracking solutions ⓘ Additional Info Smart devices that include microphones process audio voice commands through Natural Language Processing (NLP ) . This refers to the interactions between computers and human language with which machines can understand, interpret, and generate speech. Check out our step-by-step tutorial of how to create your own powerful NLP app if the process interests you! The Impact of the IoT Before we jump into 8 reasons JavaScript works so well for the IoT, let's explore why that even matters. Why has the IoT become so important? What is the IoT changing in society? Smart Homes IoT devices allow users to automate aspects in the home from lighting and thermostats to security systems. Voice assistants like Amazon Echo and Google Home enable users to control smart devices around the house with a simple voice command. These make the IoT useful for everyone from multitaskers to individuals with disabilities, making daily tasks more accessible. Wellness The rise of wearable health devices is thanks to the IoT, which makes it easier to monitor heart rate, steps taken, sleep patterns, and more. These metrics provide users with valuable insights into their well-being. Professional healthcare can utilize IoT-enabled medical devices too, like remote patient monitoring systems. These allow healthcare professionals to track patients' health in real-time, enhancing healthcare delivery. Retail Environments IoT devices can track inventory in real-time, monitor product levels on shelves, and automatically reorder products when stock is low. Additionally, retailers can deploy beacons to send personalized promotions and notifications to customers' smartphones. Industrial IoT (IIoT) IoT is used to track the movement of goods in the supply chain, providing real-time visibility and enabling better logistics management. IoT sensors on industrial equipment can monitor performance in real-time and predict when maintenance is needed, reducing downtime and increasing operational efficiency. Smart Agriculture IoT-enabled irrigation systems can adjust water usage based on real-time plant and weather conditions. Sensors help monitor soil conditions, crop health, and weather patterns, allowing farmers to make data-driven decisions. Smart Cities Smart waste bins equipped with sensors can alert waste management services when they need emptying, optimizing collection routes and reducing costs. IoT sensors on roads and in traffic lights can help optimize traffic flow, reduce congestion, and improve overall transportation efficiency. Education IoT devices are used in education to create interactive and connected classrooms. Smartboards, connected tablets, and other devices enhance the learning experience. IoT has reshaped how people interact with their environments, making them more efficient, accessible, customizable, and responsive. 8 Reasons to Use JavaScript for IoT JavaScript is traditionally a client-side scripting language, and is now making its way into IoT development. Its non-blocking, event-driven architecture fits well with IoT devices: 1. JavaScript is a Common, Cross-Platform Language JavaScript is a language many developers already know, which makes it easier to pick up or return to for a project. On top of that, many different devices understand it, making it easier to work with. JavaScript's versatility allows developers to write code that can run on various device architectures. Cross-platform capability is crucial for the IoT because devices varying in capability and function need to work in harmony. 2. JavaScript Runtime Environments and Frameworks JavaScript is mainly used to create interactive elements on websites (like buttons that change color when clicked). But by integrating runtime environments and frameworks, it can do much more. Here are just a few examples: Node.js Node.js is like a powerhouse that allows JavaScript to do tasks beyond just making fancy web pages. It lets you write code that can receive and send data to other computers, read and write files, and even running web servers that host websites or web applications. Definition: Node.js is a versatile tool to help developers build applications using JavaScript. Node.js is like having a small, nimble worker who can handle lots of tasks quickly and doesn't use up too much energy. It can handle asynchronous tasks on resource-constrained devices, and is therefore well-suited for the IoT. IoT-Specific JavaScript Frameworks Frameworks like Johnny-Five and Cylon.js are designed specifically for IoT development using JavaScript. They make it easier for developers to work with IoT devices by providing abstractions and APIs, which simplify interactions with hardware components. 3. Development with IoT Platforms and Services JavaScript integrates with web technologies, enabling the development of web-based interfaces that can monitor and control IoT devices. WebSockets and other web communication protocols facilitate real-time communication between these devices and web applications. 4. Web of Things (WoT) Web of Things is an initiative that aims to standardize the use of web technologies, including JavaScript, in the IoT. JavaScript can be used to create WoT descriptions, allowing devices to expose their functionalities in a standardized way over the web. 5. Edge Computing When you're utilizing an IoT device, you want it to respond as quickly as possible. That's why edge computing is particularly useful: Imagine having a mini data center close to your smart device. This data center handles tasks more quickly than a larger, far-off computer. Definition: Edge computing involves processing data on a local device instead of a distant, centralized data center. Computing closer to the source enables faster response time and efficiency. Edge computing is particularly important in IoT scenarios that require low-latency processing. And guess what language can develop edge computing applications? JavaScript. 6. Community Support JavaScript has a strong and vibrant community constantly developing libraries and tools, many of which are applicable to the IoT. Having up-to-date resources means that IoT solutions are only getting better. 7. Device Communication & RESTful APIs JavaScript libraries and frameworks integrate well with sensors and actuators, allowing developers to build applications that interact with the physical world. JavaScript libraries like MQTT .js allow devices to publish messages to topics or subscribe to topics to receive messages, facilitating communication between devices in the network. JavaScript can also interact with RESTful APIs to send and receive data. Devices can make requests to web servers or cloud services to exchange information, control device functionality, or retrieve sensor data. Definition: RESTful (Representational State Transfer) is an architectural style for designing simple, scalable networked applications. CoAP   (Constrained Application Protocol) is also RESTful, similar in purpose to HTTP, but is optimized for constrained environments. It's designed to be lightweight in message size and processing requirements. This makes it suitable for use in IoT devices with limited processing power and memory, low bandwidth, or intermittent connectivity. In other words, some JavaScript resources can improve IoT communication performance. 8. Security IoT devices collect and transmit sensitive data, such as personal information and device status. Unfortunately, with such sensitive information being stored and transmitted, there's a risk of unauthorized access and privacy breaches. IoT devices need regular security updates to patch vulnerabilities and protect against these emerging threats. JavaScript can be used to implement security measures in IoT applications: Encryption Some JavaScript libraries have the ability to implement encryption and decryption algorithms, ensuring that data transmitted between IoT devices and servers is protected against eavesdropping and interception. Authentication and Authorization JavaScript frameworks like Passport.js can implement authentication and authorization mechanisms, such as OAuth2.0 or JWT , to verify user or device identity and control access. Secure Communication Protocols JavaScript libraries like MQTT .js or Socket.IO have features to secure communication protocols and ensure secure communication between IoT devices and servers. Access Control JavaScript frameworks like Express.js can be used to implement ACLs (Access Control Lists) or RBACs (Role-Based Access Control). Overall, JavaScript can play a crucial role in creating a secure, lightweight, and fast IoT project. We hope these 8 reasons why have shed light on why you should consider this coding language. Still not sure? Have questions about your project? Talk to a BearPeak expert ! It's important for us to disclose the multiple authors of this blog post: The original outline was written by chat.openai, an AI language model. The content was then edited and revised by Lindey Hoak. "OpenAI (2024). ChatGPT. Retrieved from https://openai.com/api-beta/gpt-3/" BearPeak Technology Group is a software studio based in Boulder, CO, offering studio, strategy, and staffing services. The startup studio takes ideas from concept to reality. The strategy services range from Fractional CTO mentors to architecture and specialized skillset services. for startups, businesses, and entrepreneurs. The staffing services assist teams in connecting with high-quality software developers. If one of these sounds like the solution for you, get in touch with BearPeak for a free consultation at bearpeak.io/contact .

There are many perks to being a remote worker; you get to do the work you love on your own schedule and in your own space. But for remote management, it can feel like a distant, ungovernable mess. Managing remote employees requires skills specific to the screen. It can be tougher to ensure communication, productivity, and cohesion from a distance. Here are tips to successfully manage your remote employees. New to BearPeak? - Watch a client testimonial . - Explore our software studio . - Learn more about us . TABLE OF CONTENTS 1. Establish Clear Expectations, Goals, & Deadlines 2. Communication Tools 3. Schedule Regular Check-Ins 4. Provide Adequate Resources 5. Promote Flexibility & Trust 6. Address Challenges Promptly 7. Create Opportunities to Connect 8. Everyone is Still a Student (Including You!) Manage Remote Employees with Consideration 1. Establish Clear Expectations, Goals, & Deadlines The best way to ensure respect from your employees is to provide your own. Set a solid foundation to build a confident work relationship from. Before letting your employee loose with their project, clearly communicate the following: Work Hours Deadlines Deliverables The Employee Handbook Make sure these are realistic and achievable. Establishing these early (and making them doable instead of stressful) will help remote employees stay focused and motivated. 2. Communication Tools Not only is it important to have communication tools in place, but to establish their purpose and use them regularly. Consider implementing these tools to help projects go smoothly: Instant Messaging ( Slack , Microsoft Teams , Discord ) Business Email ( Gmail , Outlook ) Video Conferencing ( Zoom , Microsoft Teams , Google Meet ) Project Management ( Trello , Asana , Monday ) Virtual Whiteboards ( Miro , MURAL ) File Sharing ( Google Drive , Dropbox , OneDrive ) Internal Documentation ( Google Drive , Confluence , Notion ) Time Zone Management ( World Time Buddy , Timezone.io ) Employee Feedback & Event Forms ( SurveyMonkey , GoogleForms ) Employee Recognition ( Bonusly , Kudos ) It's essential to promote collaboration, transparency, and efficient communication among your remote team members. Once you've set up the channels that work for your business, designate which are preferred channels. How quickly should employees respond to different types of messages? What is the appropriate etiquette on a scale of formal to informal? Establishing these will help prevent misunderstandings and keep everyone on the same page. 3. Schedule Regular Check-Ins Consistent one-on-one and team meetings maintain open lines of communication. Check-ins can be great places to address concerns, provide updates, and foster a sense of face-to-face connection among your team members. For full- or near full-time employees, consider scheduling weekly check-ins through a digital calendar so you both know when to regularly expect a call. For part-time employees, every other week may suffice; determine based on the communication your employee needs to best succeed. 4. Provide Adequate Resources Depending on your business, your remote employees probably need specific software to perform their job. Go through the technology you use in a day, plus any additional software their role will entail, to make sure your employee can work efficiently from their laptop. 5. Promote Flexibility & Trust While remote workers won't be running into traffic on their way to the office, roadblocks still inevitably come up. It's important to acknowledge that they will still need flexibility in their work. Accommodate for their personal responsibilities to promote a healthy work-life balance (In return, they'll be more likely to adapt to your schedule conflicts)! To foster a culture of respect and understanding, encourage a healthy work environment, even though it's remote. Promote breaks, exercise, and mental well-being. Remote employees should feel supported in maintaining a balanced and healthy lifestyle. You'll build trust by focusing on outcomes rather than micromanaging. Trusting your team members empowers them to take ownership of their work and boosts morale. 6. Address Challenges Promptly Despite the distance, be as proactive as possible. There will inevitably be all sorts of management challenges to address, and the faster you can connect and show you're working on a resolution, the more your staff will know they can depend on y ou. Do your best to provide timely support, whether it's related to workload, communication issues, or any other concerns. In the case where you miss something or can't connect soon, a sincere apology can go a long way. 7. Create Opportunities to Connect Social interaction can be hard to come by in a remote job. Organizing virtual coffee breaks, team-building activities, or casual video calls can help foster a sense of community. Take the time to recognize and celebrate remote employee achievements. This can boost morale and create a positive atmosphere within the team. Remote work feels more meaningful when the employee knows that it's making an impact. 8. Everyone is Still a Student (Including You!) Support your employees' professional development and continuous learning. Provide access to online courses, workshops, and resources. This helps remote employees stay engaged and enhances their skills. Emphasize that you, the manager, are still learning too. Regularly solicit feedback from your remote employees on their experience, any challenges they may be facing, and suggestions for improvement. Perhaps the most important part is to utilize their feedback: Make adjustments and enhance their remote work environment to make your employees feel heard and seen, even when they're miles away. Manage Remote Employees with Consideration By implementing these tips, you can create a supportive and effective remote work management strategy that fosters collaboration, engagement, and success among your team members. It's important for us to disclose the multiple authors of this blog post: The original outline was written by chat.openai, an exciting new AI language model. The content was then edited and revised by Lindey Hoak. "OpenAI (2024). ChatGPT. Retrieved from https://openai.com/api-beta/gpt-3/ " BearPeak Technology Group is a software studio based in Boulder, CO, offering studio, strategy, and staffing services. The startup studio takes ideas from concept to reality. The strategy services range from Fractional CTO mentors to architecture and specialized skillset services. for startups, businesses, and entrepreneurs. The staffing services assist teams in connecting with high-quality software developers. If one of these sounds like the solution for you, get in touch with BearPeak for a free consultation at bearpeak.io/contact .

Whether you're bringing your first staff member onto the team or ushering in the hundredth, it can be tempting to just lay down the rules out loud. But for legal, organizational, and communicative purposes, your startup will seriously benefit from a solid employee handbook. New to BearPeak? - Watch a client testimonial . - Explore our software studio . - Learn more about us . TABLE OF CONTENTS How to Write an Employee Handbook 1. Give a Warm Welcome 2. Establish the Company Culture 3. Put Work Policies on Paper 4. Organize Compensation & Benefits 5. Establish Time Off & Leave Policies 6. Instill Performance Expectations 7. Construct Workplace Health and Safety Procedures 8. Plan for Technology & Equipment Use 9. Establish Communication Guidelines 10. Plan for Employee Conduct & Discipline 11. Ensure Legal Compliance 12. Confirm Acknowledgement & Agreement 13. Return to Make Updates & Revisions How to Write an Employee Handbook Today, we're going to lead you through the design process step-by-step to get your handbook printed and on the office bookshelf as soon as possible. Open a blank document and follow along. 1. Give a Warm Welcome Make sure your new recruit feels welcomed. This is a great opportunity to give a brief overview of the company's history, mission, and your values. Not only can this help your new employee to work happier and more passionately for a company they care about, but they'll emanate that energy for the next new recruit. Make sure to include a specific and tailored welcoming message from your team's CEO or leadership staff. The more your new employee feels acknowledged, the more they'll want to show what great work they can do. 2. Establish the Company Culture Before you dive into the nitty-gritty details of what rules you need your employee to follow, explain why . What are the core values of the business? Your guiding principles? Emphasize a focus on diversity and inclusion to encourage your employees to think outside the box and feel welcome no matter their background or experience. Writing a Code of Conduct This is a great location to include a Code of Conduct. Help make your employee feel safe and respected, as well as set guidelines for how they should interact with others. Here's an example to get you started, but feel free to modify and customize to suit your team: "1. Professional Behavior: At [insert company here], we: Treat all colleagues, clients, and partners with respect and courtesy. Maintain a positive and collaborative work environment. Avoid any form of discrimination or harassment. 2. Integrity and Ethics: At [insert company here], we: Act honestly and ethically in all business dealings. Avoid conflicts of interest and disclose any potential conflicts promptly. Protect confidential information and respect intellectual property rights. 3. Communication: At [insert company here], we: Use professional and respectful language in all communications. Listen actively and consider diverse perspectives. Report any concerns or unethical behavior to the appropriate channels. 4. Workplace Respect: At [insert company here], we: Respect the diversity of our workforce. Create an inclusive and welcoming environment for everyone. Avoid disruptive behavior that negatively impacts colleagues. 5. Confidentiality: Safeguard confidential information, including company and client data. Do not disclose sensitive information to unauthorized individuals. Follow company policies regarding the use and disclosure of confidential information. 6. Social Media and Online Conduct: Represent the company professionally on social media. Exercise discretion when discussing company matters online. Do not engage in online behavior that reflects poorly on the company. 7. Use of Company Resources: Use company resources responsibly and for business purposes. Report any loss, theft, or damage to company property promptly. Follow company policies regarding the use of technology and equipment. 8. Health and Safety: Adhere to safety guidelines and protocols. Report any unsafe conditions or incidents immediately. Prioritize the well-being of yourself and your colleagues. 9. Compliance with Laws and Regulations: Adhere to all applicable laws and regulations. Report any potential legal issues or violations promptly. 10. Continuous Improvement: Actively participate in professional development opportunities. Provide constructive feedback for the improvement of processes and procedures. Strive for personal and professional growth. By signing below, I acknowledge that I have read and understood the [Company Name] Code of Conduct and agree to abide by its principles. [Employee Name], [Date]" 3. Put Work Policies on Paper Ever worked a job where no one really knew the policies? Bypass the confusion and back & forth by setting policies in stone. These may include: Expected work hours and attendance. Policies for working overtime. Breaks & meal periods. Telecommuting & remote work policies. 4. Organize Compensation & Benefits Making an employee's salary and pay frequency clear will avoid potential confusion and frustration: Salary and pay frequency. Benefits overview (health insurance, retirement plans, etc.). Bonus and incentive programs. Employee assistance programs. Wellness programs. Outline any other unique benefits or perks you offer. 5. Establish Time Off & Leave Policies Unless you want to call your employee for a last-minute meeting only to discover they're halfway across the world on vacation, establish the following policies: Vacation and paid time off (PTO). Sick leave. Holidays Any other leave types applicable to your business. At-Will Employment Statement* This may be a great spot to include a statement regarding the employment arrangement. Here's an example: "Your employment with [Company Name] is at-will. This means that either you or [Company Name] may terminate the employment relationship at any time, with or without cause, and with or without notice. No employee or representative of [Company Name] has the authority to enter into any agreement for employment for a specified period of time or to make any agreement contrary to the at-will relationship. Any such agreement must be in writing and signed by the Chief Executive Officer of [Company Name]. "By accepting employment with [Company Name], you acknowledge that your employment is at-will, and you agree that both you and [Company Name] have the right to terminate the employment relationship at any time for any reason, with or without cause, and with or without notice." *Employment laws and regulations vary by jurisdiction. Consult with a legal professional to ensure that the at-will employment statement you write complies with all local laws and regulations. 6. Instill Performance Expectations How will you check in on your employee's progress? Let them know these expectations in advance to make evaluations and meetings go more smoothly. Outline any: Performance evaluation processes. Professional development opportunities. Promotion and career advancement policies. 7. Construct Workplace Health and Safety Procedures Will your employees work in-office? How about a warehouse? Expecting your employees at company-run locations brings a new set of rules and safety policies. In this employee handbook, it's a good idea to include: Workplace safety guidelines. Emergency procedures. How to report accidents and incidents (and how you'll report them, too!) 8. Plan for Technology & Equipment Use It's tough to even think of a startup today that doesn't use technology. What programs and devices will your business utilize? How should your employee use that equipment? Write out: Acceptable use of company equipment. Acceptable use of company technology. Software platform log-in policies. Bring Your Own Device (BYOD) policies. In-office or on-the-clock expectations for device usage. 9. Establish Communication Guidelines We're in the depths of the employee handbook now. Answer all of these just once, and you may save hours of confusion, miscommunication, and unmet expectations. Here's the page to tell your employee what you expect with their: Email and communication etiquette. Social media use policies. Confidentiality and non-disclosure agreements. 10. Plan for Employee Conduct & Discipline As much as you love every employee and hope they'll be the best-performing team in existence, conflict resolution or discipline is ultimately inevitable. Be prepared before you have to deal with these situations by establishing: Disciplinary procedures. A grievance resolution process. Termination policies. 11. Ensure Legal Compliance Employee rights and regulations vary from place to place. Take time to review your local, state, and federal regulations. Add any relevant labor laws to your handbook so your employees know their rights. 12. Confirm Acknowledgement & Agreement The whole handbook could be rendered meaningless if your new employee never agrees to it, so get it in writing! After the employee reads through the sections above, ask for their signature to verify they agree with the expectations and will abide by the rules you've established. e.g. "I have read and understand the [insert Company] employee handbook." 13. Return to Make Updates & Revisions Set a reminder in your calendar to revisit your handbook on a later date. Also be sure to include a note in the original handbook stating that you have the right to make revisions, even after your employee has initially signed. Alternatively, it may be a great idea to send the handbook to your employee again if you make revisions, just to ensure that everyone is on the same page about changes and reaffirms the expectations. e.g. "[Insert Company] has the right to update and revise this handbook, with a commitment to communicate changes to its employees." After completing your handbook based on the steps above, or even just an outline, it's crucial to consult with your legal professionals to ensure compliance with relevant employment laws and regulations. And with that, you're done! Congratulations on writing a solid employee handbook that will help set clear expectations for all of the great employees you hire in the future. It's important for us to disclose the multiple authors of this blog post: The original outline was written by chat.openai, an exciting new AI language model. The content was then edited and revised by Lindey Hoak. "OpenAI (2024). ChatGPT. Retrieved from https://openai.com/api-beta/gpt-3/ " BearPeak Technology Group is a software studio based in Boulder, CO, offering studio, strategy, and staffing services. The startup studio takes ideas from concept to reality. The strategy services range from Fractional CTO mentors to architecture and specialized skillset services. for startups, businesses, and entrepreneurs. The staffing services assist teams in connecting with high-quality software developers. If one of these sounds like the solution for you, get in touch with BearPeak for a free consultation at bearpeak.io/contact .

This is the year to set high-achieving yet practical New Year’s resolutions for your business. It'll be a great way to plan for the growth and success of your company in the coming year. Hold up, though: This isn’t the time to get overly optimistic about how amazing and productive you could be once the clock strikes midnight. Instead, let's aim for a sensible and pragmatic approach. New to BearPeak? - Watch a client testimonial . - Explore our software studio . - Learn more about us . Setting New Year's Resolutions for Your Business To get ready for a year of true growth and success, here are some realistic  resolutions to consider. If you can take the time during this winter holiday to sit down and hash these out, you’ll be in excellent shape at the start of the new year. TABLE OF CONTENTS 1. Set Specific Goals  2. Invest in Yourself  3. Listen & Improve  4. Plan for Contingencies  5. Revisit Your Goals 6. Adjust as Needed  1. Set Specific Goals Define clear, measurable objectives for your startup. For example: We will enter a new geographic market. We will launch our new product. We will increase our customer retention rate. We will hold more team meetings. We will implement eco-friendly practices. This year, try avoiding deadline dates. While they may help create a clearer goal, deadlines can cause emotional detriment to you and team if the goal isn't met on time. Wondering why we suggest that? Think about all the times you told yourself you’d gain/lose a certain number of pounds by a certain date. When you have a deadline, you may be inclined to procrastinate until it's almost here. Instead, let's aim for a consistent habit that will pull you closer to your goal with every repetition. Once you have your clear goals, break them down into actionable steps. Let's use the first goal as an example: The business will enter a new geographic market. Research geographic markets that my competitors are in. Research geographic markets that have a lack of my type of product/service. Pick a geographic market to enter. Research buyers in that market who could sell my product/service OR research platforms that will reach my new prospective audience. Reach out to buyers OR get set up online in the researched platform you chose. 2. Invest in Yourself Perhaps your New Year's Resolutions were off to a great start last year. But you pushed through unrealistic expectations until hitting burnout. It's great to have big goals, but it's still crucial to maintain a healthy work-life balance for your well-being and the success of your venture. Make it a resolution to invest in self-care, manage your stress, and ensure that you have a sustainable work schedule. Set boundaries for work hours, take regular breaks, and make time for relaxation and personal life. Incorporate regular exercise, healthy eating, and stress management into your routine. A balanced and healthy founder is better equipped to lead a successful startup . Find ways to realistically and intentionally invest in yourself to see positive outcomes. If you aren't one for monthly massages or taking an extra day off when there's work to be done, invest in your personal growth. Set aside time to connect with a mentor, read books, take online courses, and research to stay up-to-date with industry trends and best practices. Or find inspiration somewhere else entirely; the more diverse your background and understanding, the more likely you'll discover creative solutions. 3. Listen & Improve Resolve to actively listen to your customers and use their feedback to drive continuous improvement. Your customers can provide valuable insights into what's working and what's not. Make it a goal to regularly collect and analyze customer feedback through surveys, reviews, and direct interactions. Then commit to making meaningful adjustments based on this feedback. Not only that, but commit to making those changes in a timely manner. By prioritizing customer satisfaction and addressing their needs, you'll be better positioned for long-term success. When the most important gears of your company are running smoothly, you'll have more time to work on reaching your next goal. 4. Plan for Contingencies No matter how good your plan is, it'll be even better with a backup plan. Here is a list of ideas to cover the bases of your startup: Budgeting How will you monitor cash flow regularly? Can you reduce unnecessary expenses? Establish emergency funds (aiming to avoid lines of credit) Diversify your customer base to reduce dependence on a single client or market. Customer Acquisition and Retention What will you do if you send out a great email campaign and the majority of your email list doesn't respond? What's the plan if an idea fails to connect? Develop a new version of your customer acquisition strategy. How can you better invest in customer relationship management tools? Where/how can you solicit customer feedback? Networking What industry events, conferences, and networking meetups can you attend this upcoming year? Which relationships with mentors, advisors, and potential partners do you want to improve? How can you strengthen your online presence through social media and LinkedIn? Streamlining Operations Evaluate your business process. How can you optimize it further? Could investing in technology or software improve your efficiency? Delegate tasks to team members or consider outsourcing. Marketing Strategy Measure and analyze the effectiveness of your current marketing efforts. Create or refine your marketing plan. Explore digital marketing channels (e.g., SEO, social media, email marketing). How could you best utilize these? Legal Compliance A new year is the time to refresh and recheck documents: Review and update contracts, licenses, and permits. Comply with tax regulations and reporting requirements. Protect your intellectual property with patents or trademarks, if applicable. Team Strength Review your staff performance. It's time to find the right people with the skills and attitude that align with your company's values ( check out BearPeak's professionals ). Provide new training and development opportunities for your employees. How will you create a positive work environment this year? How will you foster team collaboration? Key Metrics Set calendar reminders to regularly track key performance indicators (KPIs). Define what KPIs need regular review. Use data analytics to make informed business decisions. Based on the data and insights you gather, adjust your strategies. 5. Re 👏 Visit 👏 Your 👏 Goals! 👏 Schedule appointments in your calendar now to review your goals in the future. The last day of every month is a popular choice. When that calendar alert goes off a month from now, revisit what you wrote today. What worked? What was too high an expectation? What can you congratulate yourself for working on, even if you haven't reached the goal yet? Be kind to yourself: Pretend you're reviewing another entrepreneur's progress, which may help you from being to self-critical. You likely hold yourself to much higher expectations than everyone else: it's important observation to remember so you don't give up. 6. Adjust as Needed New Year's resolutions can serve as a roadmap to guide your startup toward growth and sustainability. But no matter what high expectations you hold yourself to (and we all do it), changing your mind and altering your plan is allowed , healthy even. None of us can see exactly what’s coming, and part of what makes a great plan is its flexibility. After revisiting your goals, give them a fresh edit. Remember that setting specific, achievable goals will be crucial for success. Continue to regularly assess your progress and make adjustments as needed throughout the year. After all that planning, how do you feel? Excited? Overwhelmed? If you've taken the time to think about, let alone write out or schedule these in your calendar, you're in great shape for the new year. We'll leave you with a quote to consider: "Do not wait until the conditions are perfect to begin. Beginning makes the conditions perfect." - Alan Cohen It's important for us to disclose the multiple authors of this blog post: The original outline was written by chat.openai, an exciting new AI language model. The content was then edited and revised by Lindey Hoak. "OpenAI (2023). ChatGPT. Retrieved from https://openai.com/api-beta/gpt-3/ " BearPeak Technology Group is a software studio based in Boulder, CO, offering studio, strategy, and staffing services. The startup studio takes ideas from concept to reality. The strategy services range from Fractional CTO mentors to architecture and specialized skillset services. for startups, businesses, and entrepreneurs. The staffing services assist teams in connecting with high-quality software developers. If one of these sounds like the solution for you, get in touch with BearPeak for a free consultation at bearpeak.io/contact .

If you're reading this, we may have more in common than you think. Many entrepreneurs share certain psychological traits, ones that contribute to their can-do mindset and business determination. Of course, everyone is unique, but here are a few common psychological traits of successful entrepreneurs. New to BearPeak? - Watch a client testimonial . - Explore our software studio . - Learn more about us . TABLE OF CONTENTS Risk Tolerance & Proactiveness Self-Reliance & Persistence Creativity & Passionate Vision Decision-Making Skills & Adaptability Networking Strong Leadership and Team Building Customer Focus Entrepreneur Psychology Risk Tolerance & Proactiveness Entrepreneurs are typically more willing to take calculated risks and navigate uncertainty, understanding that failure is often part of the journey. Startup founders are proactive and take initiative to create opportunities rather than waiting for them to appear. They are forward-thinking and actively seek ways to improve their products, services, and business models. Examples of calculated risks that startup founders take include: Investing in cutting-edge technology to gain a competitive edge Pursuing aggressive growth/scaling strategies (expanding into new markets or launching additional product lines) Bootstrapping their way to success with only limited resources Pivoting their business models based on market feedback Entering markets at an early stage Opting for venture capital or angel investors Why is risk-taking a common trait? Strategic yet brave entrepreneurs have a competitive advantage and take bigger chances with the hope of brilliant outcomes. Self-Reliance & Persistence Resilience is a hallmark of successful entrepreneurs. Building a business requires time, effort, and the persistence to face challenges repeatedly. Startups are filled with obstacles and uncertainty, and founders must be able to handle the inevitable failures and rejections. They should learn from experiences and continue moving forward with determination. Entrepreneurs also often possess a high degree of self-motivation. They take initiative, set their own goals, and have the discipline to work independently to achieve them. Here are a few examples of how entrepreneurs display resilience: Bouncing back from failure Adapting strategies and pivoting quickly Effectively managing financial challenges Refining based on criticism and rejection Remaining stable through unexpected events Healthily balancing work-life demands Building and maintaining a support system Staying committed to the vision Coping with ambiguity and uncertainty Creativity & Passionate Vision These fuel the entrepreneurial spirit. Startup founders often possess creative problem-solving skills and a strong vision for the future. Where others see obstacles, they see opportunities. These creatives are driven to bring their innovative ideas to fruition. Successful founders have a clear vision for their startup and are deeply passionate about the problem they are solving or the product they are building. These drive their commitment and determination to see ideas through, even when the going gets tough. Entrepreneurs display their creativity by: Articulating a clear and compelling mission statement Designing solutions Offering a fresh perspective on the market Pioneering disruptive technologies Identifying industry trends and gaps in the market Fostering a culture of innovation Forming strategic partnerships and collaborations Prioritizing the user experience Piloting new business models Building a compelling brand idea through storytelling Decision-Making Skills & Adaptability Entrepreneurs regularly need to make critical decisions. Strong decision-making skills, often characterized by a balance between analysis and intuition, are crucial for navigating complex business landscapes. Building a startup is a dynamic and constantly evolving challenge, so successful founders are: Open to change Willing to adapt to new information Eager to learn from their mistakes Receptive to feedback Adjusting their strategies as needed Staying up-to-date with industry trends Networking As much as some of us may like to work alone, it's inveitable: Building and maintaining a network is essential. Effective communication, relationship-building, and networking skills help entrepreneurs connect with mentors, investors, customers, and other key stakeholders. Strong leaders recognize the importance of networking and relationship-building. They actively engage with industry peers, mentors, and potential partners, leveraging these connections for insights, advice, and collaborative opportunities. Successful founders also tend to surround themselves with advisors, mentors, and a network of supporters who can provide guidance and help them navigate the challenges of entrepreneurship. Strong Leadership and Team Building Not only do successful founders communicate well with people outside their company, but also within it. As a project grows, it's essential for a founder to assemble a talented and motivated team, provide clear direction, and make tough decisions. Effective communication, and the ability to delegate tasks are crucial for building a strong and cohesive team that can execute the startup's vision. Successful founders are strong leaders, exhibited when they: Motivate with a sense of purpose and direction Lead by example Communicate effectively Face and handle uncertain and dynamic situations Make informed and timely decisions Take calculated steps to move the company forward Promote positive team-building Adapt with resilience Effective leaders empower their team members by delegating responsibilities and providing opportunities for growth. They trust their employees, encourage autonomy, and create an environment where individuals feel valued and empowered to contribute their best. Ethical considerations are integral to strong leadership. Leaders in startups uphold high ethical standards, fostering a culture of integrity and accountability. They make decisions that align with the company's values and prioritize ethical conduct in all aspects of business. Customer Focus Perhaps the most important trait among entrepreneurs is a desire to help people. Successful entrepreneurs see a need and fill it, creating a new product that solves a problem people face. Then, they continue that care by prioritizing their customers' needs and experiences. Strong leaders actively seek feedback, listen to customer concerns, and use insights to improve products or services. They instill a customer-centric mindset throughout the organization, because while we all may view a project as numbers day-to-day, in the big picture, it's about the people. Entrepreneur Psychology It's important to note that while these traits are common among many entrepreneurs, success also depends on various external factors, market conditions, and the specific challenges of each business endeavor. Additionally, individuals can develop and enhance these traits over time through experience, learning, and personal growth. How many of these traits do you recognize in yourself? If you don't feel a connection to one of them, is it a trait you want to improve? Regardless, if you've just read an article about the psychology of entrepreneurs, we're betting you're one yourself. It's important for us to disclose the multiple authors of this blog post: The original outline was written by chat.openai, an exciting new AI language model. The content was then edited and revised by Lindey Hoak. "OpenAI (2023). ChatGPT. Retrieved from https://openai.com/api-beta/gpt-3/" BearPeak Technology Group is a software studio based in Boulder, CO, offering studio, strategy, and staffing services. The startup studio takes ideas from concept to reality. The strategy services range from Fractional CTO mentors to architecture and specialized skillset services. for startups, businesses, and entrepreneurs. The staffing services assist teams in connecting with high-quality software developers. If one of these sounds like the solution for you, get in touch with BearPeak for a free consultation at bearpeak.io/contact .

There was a time when business was entirely on paper. You made goods by hand, sold them in person, and customers came by word of mouth. But today, every business from handmade goods to tech corporations requires technology. The trajectory of a startup's success or failure can be determined with technology. A world-wide pool of information and groundbreaking ability sits at your fingertips, but you need the right team to utilize it. Every fledgling enterprise can benefit from seasoned technical leadership. New to BearPeak? - Watch a client testimonial . - Explore our software studio . - Learn more about us . TABLE OF CONTENTS Fractional Chief Technology Officer (CTO) 1. Cost-Effective Expertise 2. Strategic Guidance 3. Flexible Engagement 4. Network and Industry Knowledge 5. Rapid Deployment Fractional Chief Technology Officer (CTO) Enter the fractional CTO, a solution gaining momentum here in the startup ecosystem. From cost-effective expertise to rapid development, discover why many startup founders are making this is strategic leadership choice. Whether you've considering our fractional CTO services or you've never even heard of one, we're here to explain why this leadership is so beneficial. 1. Cost-Effective Expertise Not all organizations need or have the resources to employ a full-time high-level executive. That's where fractional CTOs come in: You can onboard decades of experience at a fraction of the cost. A fractional CTO brings high-level technical expertise without a full-time salary commitment, allowing your startup to leverage their skills without incurring full-time costs. 2. Strategic Guidance A fresh pair of eyes can help align your technology initiatives with your business goals. Fractional CTOs ensure that your startup's technical decisions support your future growth and success. We like to organize these benefits into 3 groups: People: Fractional CTOs have the leadership experience to help you build stronger bonds with your employees, customers, suppliers, and partners. Process: From presentations to emergency response and customer service, fractional CTOs can upgrade your business's actions. Product: Decades of tech leadership skills come with the ability to evaluate limitations and clarify a product's image. A fractional CTO can identify the proper market and how to best grow in size and scope. A team struggling with how to implement new technology or where to direct the project will benefit from a fractional CTO's tech insights and expert guidance. 3. Flexible Engagement You may need help revising code one month, the next you may need a whole new app. Working with a fractional CTO is a great way to save your startup's funding from being poured into a role that isn't needed consistently; This engagement allows you to scale technical leadership up or down based on current requirements. This kind of staff adaptability can be particularly valuable during startup phase changes. Gain personalized leadership for your startup, both in amount and tasks. Receive on-demand coaching when you need an intuitive second opinion. Innovative leadership from a tech pioneer can keep your team's projects feeling fresh. Don't settle for a cut-and-paste, by-the-book program: Working with a fractional CTO allows you to experience custom solutions from an expert problem solver on your own schedule. 4. Network and Industry Knowledge Fractional CTOs typically have diverse experience and industry knowledge. They bring valuable networks and connections that can benefit your startup by facilitating partnerships, collaborations, and access to resources. Test new innovations with an experienced leader to guide you. Get recommendations and advice from an expert in the tech world. Strengthen your tech team's abilities with top-tier mentorship. 5. Rapid Deployment Not only are fractional CTOs experienced and adept, but they can quickly integrate into the startup environment and start making an impact. Their experience from multiple tech environments gives them the skills to: Assess you startup's current state, Identify areas for improvement, and Promptly implement effective strategies. Startups seeking experienced technical leadership while maintaining flexibility and managing their costs efficiently can benefit from a fractional CTO. The arrangement will allow your startup to access crucial expertise without committing to a full-time executive role, making it easier to navigate the dynamic challenges of your growth. We at BearPeak are a team of leaders with startup, engineering, and development experience. Let's talk! We offer free consultation calls for all services. Check out BearPeak's strategy solutions to find fractional CTOs who will to take your project to its peak. It's important for us to disclose the multiple authors of this blog post: The original outline was written by chat.openai, an exciting new AI language model. The content was then edited and revised by Lindey Hoak. "OpenAI (2023). ChatGPT. Retrieved from https://openai.com/api-beta/gpt-3/" BearPeak Technology Group is a software studio based in Boulder, CO, offering studio, strategy, and staffing services. The startup studio takes ideas from concept to reality. The strategy services range from Fractional CTO mentors to architecture and specialized skillset services. for startups, businesses, and entrepreneurs. The staffing services assist teams in connecting with high-quality software developers. If one of these sounds like the solution for you, get in touch with BearPeak for a free consultation at bearpeak.io/contact .

Your startup has reached its first big goal! Now what? While launching the MVP is a pivotal step in your entrepreneurial process, let's think beyond. How can you best utilize this time in your startup's journey to ensure long-term success? From fostering innovation to building a robust user experience, let's uncover key insights that can drive not only product evolution, but overarching success. Learn how to go beyond the MVP, aiming for the exceptional. New to BearPeak? - Watch a client testimonial . - Explore our software studio . - Learn more about us . TABLE OF CONTENTS 1. Maintain a Customer-Centric Approach 2. Invest in Research and Development (R&D) 3. Recruit and Develop Your Talent 4. Strategic Partnerships and Collaborations 5. Consider Sustainable and Scalable Solutions 6. Adopt Agile Development Processes 7. Continuously Monitor the Market 7 CEO Strategies in Review 1. Maintain a Customer-Centric Approach Who ultimately determines your market success? Customers. If they're dissatisfied, you'll lose them. With bad reviews, you're less likely to generate new leads. Prioritize your customer to ensure that you remain relevant and valuable long-term. Here are a few methods: Active Listening To achieve longevity, know your customer's desires, preferences, and pain points. Collect feedback through surveys, interviews, and other channels to gain insight into their experience. With this data, you can better identify areas for improvement and innovation. Regular feedback not only enhances the product or service but also fosters a sense of customer involvement, making them feel valued and heard. Based on your customer feedback, discuss plausible changes with your team and implement them with a short turn-around. A quick response will demonstrate your commitment to meeting your customer's evolving needs and will also contribute to their long-term loyalty and satisfaction. Personalized Experiences You have data analytics and customer relationship management (CRM) tools at your fingertips: It's time to deliver personalized product recommendations, targeted marketing messages, and customized user interfaces. Personalization not only enhances the overall customer experience but also increases the likelihood of retention. When a customer feels that a business understands and caters to their unique needs, a bond is built. Proactive Support Go beyond issue resolution: Build a robust customer support system. Your startup can be proactively engaging by providing timely and helpful information, offering tutorials, and anticipating potential challenges. Implement a multi-channel system, including website chat, email, and social media, to be present wherever your customers are. Anticipate and address customer needs before they become problems to showcase your commitment to customer success. Not only will you be resolving concerns immediately, but also contributing to positive brand perception and customer loyalty. 2. Invest in Research and Development (R&D) When you've launched your MVP, bringing your business ahead, next you plan how to stay ahead. Adapt to evolving market trends by fostering a culture that encourages experimentation. Cross-Functional Teams Find a project that needs a creative solution, and recruit your team members with expertise from various disciplines to solve it. By fostering cross-functional collaboration, your startup can leverage those different perspectives to drive innovation. There may be brilliant solutions just waiting to be discovered by a team with diverse experiences and backgrounds. Invest in Cutting-Edge Technologies By staying at the forefront of technological advancements, your startup can accelerate product development, reduce time-to-market, and gain a competitive edge in this ever-changing tech world. This could involve investing in advanced research tools, software, or hardware that enhance the efficiency of your R&D processes. Take a look at recent innovations and even new tools that your competitors have recently implemented: What could help you improve? 3. Recruit and Develop Your Talent In it for the long haul? You'll need a skilled and motivated team. Now's the time to invest in the professional development of your employees and attract more top talent in your industry. Skill Development Programs Provide training sessions, workshops, or online courses to help your employees acquire new skills. By investing in continuous learning, you'll ensure that your team remains adaptable and can navigate startup needs as they evolve. Mentorship and Career Development Paths Establish mentorship programs within your startup: Pair less experienced team members with seasoned mentors who can provide guidance, share industry insights, and offer career advice. This will foster a culture of knowledge transfer and professional growth. Additionally, make sure that career development paths are clear and outline opportunities for employee advancement within your organization. This not only boosts employee morale but also helps retain valuable talent by demonstrating a commitment to their long-term professional growth. Innovation and Collaboration Initiatives Looking to shake things up? Organize an internal hackathon, idea-sharing session, or cross-functional project. Stimulate creativity while also allowing employees to work on projects outside their usual scope. This can foster a sense of ownership and stronger engagement. Recognize and reward innovative contributions, reinforcing the importance of proactive problem-solving and a collective commitment to your startup's success. 4. Strategic Partnerships and Collaborations Building a bigger, better, and larger circle of connections can have huge benefits for a startup. Partnerships can provide access to complementary technologies, expertise, and resources that can accelerate product development and enhance your long-term competitiveness. Industry Alliances This could involve forming partnerships with established companies, industry associations, or research institutions. By aligning with entities that share similar goals or complementary strengths, your startup can leverage collective resources, access new markets, and benefit from shared expertise. Technology and Research Collaborations Collaborate with universities, research institutions, or other startups. By pooling resources and expertise, your startup can engage in joint research and development projects, accelerating innovation while sharing the risks and costs. These collaborations can lead to novel solutions, expanded intellectual property portfolios, and a competitive market advantage. It also won't hurt that said partnerships may attract attention from investors looking for cutting-edge technology. Startup Incubators and Accelerators Look for businesses that offer mentorship, funding, or networking opportunities. These programs often connect startups with industry experts, investors, and potential partners. There's a great way you can do this (for free!) right now: Connect with us at BearPeak . Even if you don't choose to work with us on a project, we'll get you connected with our network. We're here to help startups start up. 5. Consider Sustainable and Scalable Solutions Think big and aim high to accommodate growth and evolving market demands. Modular Design and Scalable Architecture A modular design approach allows for easy scalability: Now may be the time to break down your product into interchangeable modules or components that can be upgraded and expanded independently. Ensure that your product can grow without requiring a complete redesign. Efficient & Eco-Friendly Materials Consider the entire lifecycle of your product, from manufacturing to disposal. Are there any current materials you could substitute for a more sustainable option? A commitment to eco-friendly practices not only aligns your startup with sustainability goals, but can also resonate with environmentally conscious consumers. Cloud-Based Software & Infrastructure Nowadays, one of the best ways to support scalability is to leverage cloud-based infrastructure and software solutions . By hosting your service on a scalable cloud platform, you can easily adjust resources based on demand, avoiding the need for a significant upfront investment in physical infrastructure. Cloud-based solutions also promote flexibility, enabling seamless updates and improvements. If you're interested in learning more about cloud-based infrastructure, check out 6 Benefits of Moving to the Cloud and consider a CI/CD structure . 6. Adopt Agile Development Processes Once you've launched your MVP, it's a great time to evaluate what parts of development worked well and what could use improvement. Enhance your flexibility and responsiveness by breaking down long-term development projects into smaller, manageable sprints. Iterative Development and Continuous Feedback Adopt a process where product features are released in small, incremental updates, allowing the startup to gather feedback from users early and often. Agile methodologies such as Scrum and Kanban emphasize regular feedback loops, which enable your team to make quick adjustments. Sprint Planning and Time-Boxed Development Cycles The sprint planning approach provides a structured framework for prioritizing tasks and setting short-term goals. Is your startup in a particularly dynamic environment? Time-boxed development cycles will enable your team to quickly adjust priorities based on market changes and emerging opportunities. By embracing agile methodologies, your startup can foster a culture of adaptability, collaboration, and continuous improvement. This, in turn, enhances your ability to navigate uncertainty. It can be exceptionally challenging to balance the startup tightrope , so implementing these strategies early can help set you up for long-term success. 7. Continuously Monitor the Market Once you've hit your first big landmark goal, don't stop being vigilant. Regularly reassess the market to identify new opportunities or potential disruptions. Competitor Analysis and Benchmarking Benchmark your startup's performance against key competitors. Monitor their product releases, marketing strategies, and customer feedback. What are they doing that you like? What do you dislike? Identify areas for differentiation and capitalize on market gaps to enhance your product or services. Trend Analysis and Industry Reports Regularly review publications, industry forums, and research reports (If you find it difficult to remember to check, subscribe to their newsletters). Attend conferences and engage with thought leaders to gain insights into emerging technologies, consumer behaviors, and regulatory changes. By staying informed about macro-level trends, you can proactively adapt your strategy, identify more market opportunities, and position your startup as an innovator in your industry. 7 CEO Strategies in Review Maintain a Customer-Centric Approach Invest in Research and Development (R&D) Recruit & Develop Your Talent Establish Strategic Partnerships and Collaborations Consider Sustainable and Scalable Solutions Adopt Agile Development Processes Continuously Monitor the Market By combining these practices, you can guide your organization toward sustainable and successful long-term product development. If you're researching the best long-term strategies this much, you're in great shape, so we wish you luck! If you're looking for a team or leader to join your project, check out our services at BearPeak Technology . It's important for us to disclose the multiple authors of this blog post: The original outline was written by chat.openai, an exciting new AI language model. The content was then edited and revised by Lindey Hoak. "OpenAI (2023). ChatGPT. Retrieved from https://openai.com/api-beta/gpt-3/" BearPeak Technology Group is a software studio based in Boulder, CO, offering studio, strategy, and staffing services. The startup studio takes ideas from concept to reality. The strategy services range from Fractional CTO mentors to architecture and specialized skillset services. for startups, businesses, and entrepreneurs. The staffing services assist teams in connecting with high-quality software developers. If one of these sounds like the solution for you, get in touch with BearPeak for a free consultation at bearpeak.io/contact .

Building a startup brings a combination of exhilaration, ambition, and nerves. Amid the excitement of bringing your idea to life, there are a lot of legalities at play. It'll be crucial to navigate legal requirements to protect your brand and keep it running smoothly. Choosing the right business structure is the first step in understanding the essentials, which are paramount to your success and sustainability. In this Legal Essentials series, we’ll be exploring the key legal aspects that every entrepreneur should be well-versed in to build a strong foundation. Whether you're a seasoned entrepreneur or a first-time founder, read on to better safeguard your startup's future. New to BearPeak? - Watch a client testimonial . - Explore our software studio . - Learn more about us . TABLE OF CONTENTS 1. Outline Your Business Identity and Goals 2. Choose Your Startup Business Structure Sole Proprietorship Partnership Limited Liability Company (LLC) C Corporation (C Corp) S Corporation (S Corp) Benefit Corporation (B Corp) Nonprofit Corporation 3. Consider and Consult 1. Outline Your Business Identity and Goals Before you can determine which contract and forms are necessary for you business, you need a clear map of what your business is. Consider the following questions, as they'll be vital for making decisions throughout. But these can change and evolve as your business does. What is your official brand name? What is your product or service? Who is your customer? Who are your suppliers? Who are your employees? What are their positions? Who are your business partners? Your investors? These questions sound simple, but writing them short and sweet is the tricky part. Here are a few more to consider: What are your business goals? What is your mission statement, your "why?" Who will you work with? What is your end goal? Who is your target market? What are your financial projections? Since we're based in Colorado, we'll be providing local links for fellow Coloradans. However, these tips and steps apply to startups in any state. Check out our startup studio   for even more startup services. 2. Choose Your Startup Business Structure There are numerous legal structure options for startups. We’ll explore the most common so you can better consider which will match your business best. Sole Proprietorship This is the simplest form of business: It’s owned and operated by one person. The sole proprietor is responsible for all aspects, including debts and liabilities. Since they own 100% of their business, financing options are limited to their own assets, like personal savings accounts, CDs, and self-employed retirement plans. Business income and losses are reported on personal tax returns, so taxation is straightforward. Pros: Simplicity and full control. Cons: No separation of business and personal. Examples: An accountant, baker, consultant, fitness coach, freelance writer, graphic designer, housekeeper, landscaper, and photographer. In the state of Colorado, if you choose to register as a sole proprietorship, check out these steps from the Chamber of Commerce Team to get started. Partnership This structure consists of two or more individuals who share ownership and management responsibilities. There are two main types: general partnerships, where partners share profits and liabilities equally, and limited partnerships, where there's at least one general partner with unlimited liability and one or more limited partners with liability restricted to their investment. Partnerships are not separate legal entities, and income or losses pass through to the individual partners, who report them on their personal tax returns. Partnerships rely on financial contributions from the partners, so they have a limited ability to raise capital. Pros: Distribution of decision-making, shared workload, generally easier and cheaper to form, and pass-through taxation (avoids the double taxation that corporations face). Cons: Unlimited personal liability, potential for conflict and disagreements, and limited capital. Examples: Refer to the list for sole proprietorships, but now with multiple employees. Family businesses, firms and consultants, tattoo parlors, and musical groups are usually partnership businesses. Colorado startups looking to register as a partnership, check out these instructions from LLC University . Limited Liability Company (LLC) This structure combines aspects of a corporation and partnership, providing limited liability to its owners (called members) while offering flexibility in management and tax treatment. Members' personal assets are typically protected from business debts and liabilities. Pros: Limited liability, flexible management structure and profit distribution, pass-through taxation, and generally fewer formalities and paperwork compared to corporations. Cons: State-based regulations (making multi-state operations challenging), potential self-employment tax, and more challenging circumstances to raise capital than with a corporation. Examples: Small businesses, startups, law, accounting, and consulting firms, real estate ventures, family businesses, joint ventures, franchise, and creative ventures like film production companies, design studios, and marketing agencies. Does an LLC sound right for your CO startup? The Colorado Secretary of State's website has a PDF checklist and link to the registration form . C Corporation (C Corp) With this structure, the business is a separate legal entity from its owners (called shareholders). C corporations provide limited liability to shareholders and allow the company to raise capital by issuing stock. C corp profits are taxed at the corporate level, and dividends are taxed when distributed to shareholders. Businesses with high growth potential that are planning to raise significant capital often choose C corps. If this sounds right for your team, consulting with legal and financial advisors will be crucial due to the complexity involved. What does the C stand for? It’s actually named for the Internal Revenue code subchapter ”C.” Same goes for S corporations (B corporations, however, stand for Benefit). Pros: Limited liability, ease for raising capital, employee benefits, and perpetual existence (meaning the corporation continues to exist even if shareholders change). Cons: Double taxation, subject to extensive state and federal regulations, more formalities, more paperwork, and more expenses. Examples: Tech startups, biotech and pharmaceuticals, e-commerce and retail, franchises, manufacturing, hospitality and entertainment, and fast-growing consumer goods brands. If a C Corp sounds right for your Colorado startup, visit the Colorado Department of Revenue for filing information. S Corporation (S Corp) This is very similar to a C corporation, but with pass-through taxation. An S corp offers limited liability to its shareholders while allowing income and losses to pass through to individual tax returns. This makes the business structure particularly beneficial for smaller businesses seeking corporate structure benefits. However, there are eligibility restrictions on the types of shareholders and classes of stock as well as a maximum of 100 shareholders (who must be U.S. citizens or residents). Pros: Limited liability, pass-through taxation. Cons: Eligibility and ownership restrictions, limited growth potential, more formalities and paperwork. Examples: Refer to the list for C corporations, but now they have a top priority of quick and rapid growth. Interested in registering as a Colorado S corporation? Make sure to review the filing requirement changes from the Colorado Department of Revenue . Benefit Corporation (B Corp) A type of for-profit business that is committed to the triple bottom line, or three Ps: People, Planet, and Profit. In order to be designated a B corp (which is administered by the non-profit organization B Lab) the business needs to meet specific social and environmental performance standards. Becoming a B Corp is a voluntary choice, but the certification can be attractive to socially conscious consumers and investors. Companies that choose this path are making a public commitment to consider the impact of their decisions on multiple stakeholders, including employees, communities, and the environment. Pros: Positive social & environmental impact, legal protection, and attraction of purpose-driven consumers and employees. Cons: A complex certification process, potential limit to competitiveness due to social and environment priorities, and potential "greenwashing" concerns. Examples: Businesses selling outdoor apparel & gear, organic & sustainable foods, health and wellness, sustainable fashion, along with socially responsible financial services, renewable energy, tech companies, social enterprises, employee-owned companies, and education and training organizations. Bcorporation.net is a great place for any interested startup to learn about the pathway to certification. Nonprofit Corporation A type of organization that operates for purposes other than making a profit. Instead of distributing profits to owners or shareholders, any surplus funds generated by a nonprofit are typically reinvested in the organization to further its mission. Nonprofit organizations are often focused on charitable, educational, religious, scientific, or social goals. Nonprofits may qualify for federal and state tax exemptions, allowing them to retain more resources for their mission-related activities. However, they are required to comply with specific regulations to maintain their tax-exempt status, which can be administratively burdensome. The benefit is that nonprofits can prioritize their mission and social impact without the pressure to generate profits for shareholders: they can attract donations and grants from individuals, corporations, and foundations interested in supporting their cause. Reliance on donations and grants can lead to financial uncertainty, making it challenging to sustain operations during economic downturns. Nonprofit organizations play a crucial role in addressing social and community needs, but the decision to adopt this structure should align with your startup's specific goals and the nature of your organization's activities. Pros: Tax exemption, philanthropic support, and a mission-driven focus. Cons: Limited revenue streams, regulatory compliance, and financial constraints. Examples: Charities & foundations, educational institutions, healthcare organizations, social services, environmental conservation groups, arts & cultural organizations, community development, and religious organizations. You can view the Articles of Incorporation for Colorado nonprofits on the Secretary of State's website to start registration. 3. Consider and Consult Even if the right business structure for your startup seems clear, it's wise to get a second opinion. Whether you need to discuss the decision with partners, future employees, or even future clients, it's important to be transparent with your business decisions. If you're considering a corporation style, it's advisable to consult with a legal professional. Talk with experts who specialize in business law to ensure that your startup is in full compliance with all relevant laws and regulations. The specific legal requirements for your startup may vary based on factors such as your industry, location, and business model. We hope this deep-dive into business structures has helped you consider which style will work best for your startup. Want more advice from startup leaders? Visit our startup studio to work with a professional who will guide your startup from idea to MVP. It's important for us to disclose the multiple authors of this blog post: The original outline was written by chat.openai, an exciting new AI language model. The content was then edited and revised by Lindey Hoak. "OpenAI (2023). ChatGPT. Retrieved from https://openai.com/api-beta/gpt-3/" BearPeak Technology Group is a software studio based in Boulder, CO, offering studio, strategy, and staffing services. The startup studio takes ideas from concept to reality. The strategy services range from Fractional CTO mentors to architecture and specialized skillset services. for startups, businesses, and entrepreneurs. The staffing services assist teams in connecting with high-quality software developers. If one of these sounds like the solution for you, get in touch with BearPeak for a free consultation at bearpeak.io/contact .

Whether you're heading into your first job interview or hosting your thousandth staff meeting, presentations are intimidating. In just so many words, you're challenged to portray your best self and deliver your message well. Memorable Presentations Regardless of outside circumstances or unexpected interruptions, you want your words to leave the impact you desire. Therefore, no matter your level of experience, it's worth revisiting your approach. We have 10 steps (plus a bonus tip!) to make your presentation memorable. New to BearPeak? - Watch a client testimonial . - Explore our software studio . - Learn more about us . TABLE OF CONTENTS 1. Start Strong 2. Know Your Audience 3. Have a Central Idea 4. Less Text 5. More Engaging Visuals 6. Tell Stories 7. Interact with Your Audience 8. Consistent Structure 9. End With a Bang! 10. Practice, Practice, Practice * Bonus Tip * 1. Start Strong Thousands of books recommend different ways to start a presentation, but their advice shares one thing in common: You need to capture your audience's attention. Unless you've been brushing up on your mind-control powers, this task is easier said than done. However, there are tools you do have at your disposal: Tell A Compelling Story It doesn't have to be groundbreaking. Tell the audience more about you or your project. How did you come up with the idea? What problem did you have that the project solves? Who inspired you? Share A Surprising Statistic Teaching your audience something they don't know is more likely to stick. However, an outlandish statistic might leave your audience questioning its legitimacy, so make sure to credit your source. The statistic should also be directly relevant to your presentation topic. Refer to it throughout the presentation to 1. Make it stick and 2. Make the presentation content tie together. Ask A Thought-Provoking Question Many presentations start with a show of hands, and there's a good reason why: It tailors the presentation to that specific audience. You can gauge the audience's familiarity with the topic and make them feel involved through contribution. "How many of you have had this problem?" "Raise your hand if you're familiar with this software." "If x happened to you, how many of you would do y ?" 2. Know Your Audience When pitching an idea, it wouldn't make sense to give identical presentations to your client and to your investors, right? Tailor your content and approach to resonate with your specific audience. Understand their interests, knowledge level, and expectations. Put yourself in their shoes: If you were watching someone else give a presentation offering the same solution, what would convince you? Entice you? Make you want to learn more? Consider what would make you tune out, too, so you can better avoid pitfalls. 3. Have a Central Idea Mark Wiskup's Presentation S.O.S. goes in-depth about finding your 'Power Sound Bite,' referencing influential examples like Martin Luther King Jr.'s "I have a dream" and Franklin D. Roosevelt's "the only thing we have to fear is fear itself." Have a central message or key takeaway that you want your audience to remember. Make sure your content supports and reinforces this message throughout your presentation. "Most presentations that are dubbed 'lousy,' 'boring,' or 'a real snore fest' are because the speaker hasn't crafted and supported a PSB. The 'snore fest' speakers are inconsiderate, throwing a bunch of undisciplined information at the audience, certain in the knowledge it will all add up to a brilliant conclusion. I say it doesn't. The audience needs and wants to be steered. That's the critical part of their connection to you, the speaker." - Mark Wiskup 4. Less Text A 2021 study from The Univeristy Kingdom Literacy Association found that multitasking while reading is detrimental to reading comprehension (when time is limited). In other words: Don't make your audience multitask . If you're going to speak while displaying a slide with completely different sentences, your audience will be strained to pick a subject to focus on. If your slides include text, reference them directly. Bullet points allow you to point the topic you're currently discussing and verbally elaborate. 5. More Engaging Visuals Not everyone learns the same way: 30% of the general population are verbal learners, 5% learn best by touching and doing, while the remaining 65% learn best with visuals ( William C. Bradford, Reaching the Visual Learner ). Make good use of this knowledge by adding images, diagrams, and charts to complement your content. If you're presenting a complex idea, split it up into simpler visual aides to make it easier to understand and remember. To tie in that 5% of hands-on learners, consider bringing a physical prop to help convey your message. This is particularly useful if you're presenting a physical product: Show your audience how it works! 6. Tell Stories If you don't start the presentation with a story, why not incorporate one later? The difference between your presentation and every other presentation out there is you. No one can tell this story or give this pitch the same way you can, so invite your audience to get to know you better. Incorporate relevant stories or anecdotes that are memorable to help make your points relatable. Even if you pick a story that belongs to a client or a friend, explaining someone's interaction with your project gives the audience a deeper look. They'll get to know you through how you tell the story, your mannerisms, and your passion for the project. 7. Interact with Your Audience Instead of monologuing, get people sitting up in their chairs. To engage them and make your content more memorable: Open the Floor Encourage the audience to share their own experiences. At specific points in your presentation or at the end, invite the audience to ask questions. You can use Q&A sessions to clarify doubts or delve deeper into the specific points they're interested in. Surprise! An unexpected element will keep your audience engaged and curious. If you're telling a personal anecdote, include cliff-hanger sentences. Is there a twist to your story? Employ Technology This can be a great way to drive engagement (given there aren't any tech hiccups). You can ask the audience for their opinions or preferences and display the results in real-time. Incorporate quizzes or interactive games to reinforce key points. Use a specific hashtag during the presentation so you can display live tweets or posts on the screen. The level of interaction should be appropriate for your audience, topic, and setting (aka this might not be best for the boardroom). Overdoing it with interaction can be distracting, while too little can make the presentation feel one-sided and less engaging, so customize your approach. 8. Consistent Structure Organize your presentation with a clear beginning, middle, and end. A logical flow will guide your audience through your content. Here's a popular layout for inspiration: A. Introduction - Opening Hook - Thesis Statement B. Agenda or Outline - An overview of the main points you'll cover C. Main Content - Visuals - Transitions - Supporting Evidence - Summary D. Call to Action - Make this clear and actionable E. Conclusion - Summarize your main points and repeat the thesis statement F. Q&A - Open the floor G. References - Include a slide with your sources and references H. Closing - See the next tip for ideas 9. End with a Bang! Summarize your key points and reiterate your main message. End with a memorable closing statement or call to action. Here are some ideas of how to round out your presentation: Add a thought-provoking or inspirational quote that aligns with your theme Encourage your audience with a clear call to action Paint a vivid picture of the future with your solution Pose a challenge or question to the audience Share a personal anecdote Show a stunning visual or video Challenge the audience to reflect Pose an open-ended question Have a surprise ending Express an emotional appeal 10. Practice, Practice, Practice Virtually everything gets easier with practice. Rehearse your presentation multiple times to ensure a smooth delivery. Familiarity with your material will boost your confidence and help you to connect with your audience. Each practice run will help refine content and delivery. Make eye contact with the audience, use gestures, and move around the stage to maintain a dynamic and engaging presence. If you're presenting in a group, be honest with one another about your strengths and weaknesses. While some teammates can glide through a slide deck and improvise with ease, others may get stage fright or stumble over words that could be very important. Provide constructive criticism when practicing, and also be open to feedback from your coworkers on your own abilities: Everyone has room to improve. Bonus Tip: Time Management Be mindful of your allotted time and stay within it. Running over time can lead to disengagement, distrust, and a less positive and memorable presentation. Here are some methods to help nail your time management: Plan and Prepare Early Start prepping well in advance. Having a schedule will help everyone stay on track, so consider creating a detailed timeline that includes milestones for researching, drafting, creating visuals, rehearsing, and getting feedback. Rehearse the presentation with a focus on staying within the allocated time. This will help avoid running over time during the actual presentation. Backup Plans When things don't go as planned, it's essential to stay calm and flexible. Have a backup plan in case something goes wrong on the day of the presentation, like technical issues or a team member isn't there. This will reduce stress and ensure you're ready to adapt to unexpected situations. Learn from Experience Reflect on your time management after the presentation. What worked well? What could be improved? Learning from each experience can lead to better time management in future presentations. Self-Care If you've read this far, we know that your presentation is in great hands. Please remember your physical and mental health. Burnout and stress can hinder effective time management, so take a break! Allot time before your presentation to eat well, get sleep, and mentally rest before your big moment. By implementing these tips and tailoring them to your specific presentation style and content, you can create a presentation that not only informs but also leaves a lasting impression on your audience. Break a leg! It's important for us to disclose the multiple authors of this blog post: The original outline was written by chat.openai, an exciting new AI language model. The content was then edited and revised by Lindey Hoak. "OpenAI (2023). ChatGPT. Retrieved from https://openai.com/api-beta/gpt-3/" BearPeak Technology Group is a software studio based in Boulder, CO, offering studio, strategy, and staffing services. The startup studio takes ideas from concept to reality. The strategy services range from Fractional CTO mentors to architecture and specialized skillset services. for startups, businesses, and entrepreneurs. The staffing services assist teams in connecting with high-quality software developers. If one of these sounds like the solution for you, get in touch with BearPeak for a free consultation at bearpeak.io/contact .