Image for post
Image for post
Photo by Martin Shreder on Unsplash

A smart man learns from his own mistakes, but a wise man learns from someone else’s.

Getting started as a freelancer is not easy. Anyone who has been in the startup game will know this only too well. You become accustomed to being able to handle any problem that comes your way, particularly areas that you know literally zero about.

Front end login not working? Blog format causing a bug in the system? Customer account not working? Payments didn’t go through? You’ll figure it out! …

Paddy Cosgrave, Web Summit CEO

It’s easy to see why Web Summit chose Lisbon as it’s new home. Built across 7 hills, Lisbon is famous for its stunning architecture, delicious food, fado music, coastal views and chilled out vibe. You can get lost for hours, wandering through the picture-perfect streets. With something to suit every budget, Lisbon truly is a hidden treasure!

Whether you attended last year, or this is your first time in Lisbon, this ultimate survival guide has something for everyone. …

Image for post
Image for post
Source: Billboard.com

Ironically, the word Despacito translates as ‘slowly’ in Spanish. Like a phoenix rising from the ashes, Fonsi & Daddy Yankee’s collaboration has been anything but slow.

Within weeks of being crowned the most streamed song of all time with 4.6 billion streams globally (June 2017), Despacito has gone and outdone itself by nabbing the title of the Most Viewed video in the history of YouTube…within 7 months!

With more than 3.4 billion YouTube views (and counting), it’s officially the most-watched video of 2017 in more than 40 countries. Managing to surpass the title holder for 4 years straight Psy, Gangnam Style, and Khalifa ft Puth’s See You Again. …

Image for post
Image for post
Hit show Silicon Valley

For those who have seen the TV show Silicon Valley (if you haven’t, add it to your list!), it gives a comical, yet very realistic insight into what it looks like for a talented founder to be bulldozed by investors who have different intentions for their business. Raising investment seems to be the top priority for the majority of startups, and whilst it certainly helps, you need to be very careful who you partner with. …

Image for post
Image for post

We’ve all heard stories of people who leave their job because they don’t feel appreciated, even though they have a great position and salary to match. What would possess someone to make such a bold move, often without even having a back up plan? The answer is simple: Company Culture. 87% of organizations cite culture and engagement as one of their top challenges (Global Human Capital Trends 2015, Deloitte, February 2015). If 87% of a ten person team feels unhappy due to company culture, guess what that leaves… one (and a third) person left, basically just you!

For a startup team the consequences can be fatal, no matter how quickly you bounce back. When it comes to company culture, prevention is better than the cure. I know that the term culture is a bit of a buzzword at the moment, but to put it simply your company culture is defined by its values and practices. When a company loses its values and practices, they begin to lose the faith of their employees, which can be almost impossible to correct. Just one negative team member is enough to create the beginnings of a toxic culture, which spreads like a cancer. …

Image for post
Image for post

“Starting a business is like jumping out of an airplane without a parachute. In mid-air, the entrepreneur begins building a parachute and hopes it opens before hitting the ground.” — Robert Kiyosaki

After what seems like an eternity of preparation, it’s finally time to take your startup from conception to reality. Remember that speed is the key to success! Unnecessary delays can damage a startup before it ever has the chance to properly take off. Moving quickly enables you to get your product or service to market, while ensuring you secure the resources necessary to survive and thrive. Did you know that only 18% of entrepreneurs succeed in their first venture of business (Harvard Business School). However, some of the most successful entrepreneurs have a massive pile of failures behind them. …

Image for post
Image for post

Anyone who has had to recruit new team members will know only too well the massive difference between a candidate who has a wealth of experience versus one who has a light shining so brightly that you have to put your sunglasses on 😎!

Only 18% of experienced managers are considered to have a unique set of skills needed to lead their team towards improving company performance. Looking at that from a startup perspective, this data is worrying considering that even one bad hire in a lean team can be the difference between success and failure. It’s common knowledge that most startups have limited resources, and often budgeting for staff is at the bottom of a very long list. …

Startup Talk

Image for post
Image for post

“Customers will never love a company until the employees love it first”. Simon Sinek

Having worked in startups for the last few years, there seems to be a common problem that cripples progress and growth — staff retention. Whether it be staff that like to bounce from one job to another to improve their skill set, or bosses that love saying “You’re Fired” (thanks Apprentice). It seems that most startup staff have suffered the consequences of staff retention in some form or another. …

Startup Talk

Image for post
Image for post

Perhaps you know of Thomas Edison, inventor of the light bulb, and assume he was an overnight success. What many people don’t know is that his school teachers said he was “too stupid to learn anything” and he lost his first two jobs for being “non-productive.” Knowing that he had more to offer, he decided to work for himself. After 1,000 unsuccessful attempts, he finally invented the light bulb. When asked by a reporter, “How did it feel to fail 1,000 times?” Edison said, “I didn’t fail 1,000 times. The light bulb was an invention with 1,000 steps.”

Image for post
Image for post

As it was my first time at Web Summit I decided to free style, rather than research it to the point that my experience became full of appointments. Having the US election results smack bang in the middle of the event made for some very interesting conversations, what with everyone being so certain Clinton would do a home run! Lisbon itself was a stunning city, and the weather was just about right for a rain loving Paddy, hitting 18c making it almost tropical for my non sun loving skin.

About

Rachel Jacobs

Ecommerce Partnerships | Helping ecommerce agencies and SaaS companies scale partnerships through the power of strategic content ~ ecommercepartnerships.com

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store