Red Rocket's Best Startups of 2016
Red Rocket gets introduced to hundreds of startups each year. We wanted to honor the best of the startups that we met in 2016, in Red Rocket's 5th Annual "Best Startups of the Year". This list is not intended to be an all-encompassing best startups list, as there are many additional great startups that we are not personally exposed to each year. And, this list is not intended to be only for businesses that launched in 2016, it is open to startups of any age, that they or their advisors had some personal interaction with us in the last 12 months. The business simply needed to have a good idea, good team or good traction, that caught our attention. Congrats to you all!!
Hunting for Business to Buy--It's A Long Process!
As you may know, Red Rocket has been on the hunt for a business to buy. We are specifically looking for ecommerce or digital tech companies with at least $500,000 of profit, where we can apply our sales and marketing expertise to help grow those businesses. We have looked at over 50 businesses in the last few months, but have yet to get to the finish line. So, send us whatever leads you think apply. But, we wanted to share some learnings from this process with all of you, in case you are ever on the hunt to buy a company. As you will read: buying a business is a long and winding road loaded with pitfalls!! Read the full post on our website.
FireStarter Fund Invests in Rewards 21 and LogicGate
Red Rocket is an investor and one of the member-managers in the FireStarter Fund. We are excited to add Rewards 21 (employee and customer rewards platform) and LogicGate (risk and compliance management platform) to our portfolio this quarter. Congratulations to their founders and CEOs, Cary Chessick and Matt Kunkel, respectively. You can see the full FireStarter Fund portfolio on the Red Rocket website.
Reserve Your First Quarter 2017 Needs Today
We are beginning to fill up our first quarter 2017 consulting schedules for our team. If you have any immediate needs for your business in the new year, now would be the time to let us know, to ensure we have team available in your desired months of work. So, think about any of your growth strategy, sales & marketing planning, outsourced executive or corporate development needs, and we will let you know if we can help.
Happy Holidays & Happy New Year
Wishing you all a healthy and happy holiday season. May your best in 2016, be your worst in 2017. If Red Rocket can help you better accelerate your growth efforts in the new year, do not hesitate to call.
Most-Read Blog Posts of the Quarter
We hope you are enjoying our growing list of 250+ Startup Lessons and case studies, which has attracted over 900,000 reads to date. Be sure to check out these most-read posts of the quarter:
For a more complete list, be sure to bookmark the calendar of events at the Built In Chicago, Illinois Technology Assocation, 1871, ACG Chicago, Eventbrite, Chicago Tech Events or Meetup websites.
(a) Red Rocket's Best Startups of 2016
(b) Lesson #247: The Key Drivers of Company Culture
(c) Lesson #245: You Cannot Cut Your Way to Growth
(d) Lesson #248: Sales Not Closing? Know When to Panic!
(e) Lesson #249: Executive Compensation Benchmarks for Growth-Stage Startups
(f) [BRACKETOLOGY] Elon Musk Voted Most Admired CEO
(g) Lesson #251: U.S. Ecommerce Companies, Beware the Looming Overseas Guillotine
(h) Lesson #252: Marketing ROI--The Metric That Matters Most
And, don't forget, for easier reading offline, you can now freely download our "Startup Lessons #1-#202" at your favorite eBookstore.
Upcoming Chicago Entrepreneurial Events
Here is a list of some of the bigger upcoming events for Chicago's startup community. Hope to see you all there:
Thanks again for all of your continued support. Let us know how we may be able to help you, your colleagues or your portfolio companies with their growth strategy and execution.
george@ RedRocketVC .com
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To learn more about Red Rocket (Growth Strategy, Team & Capital):
Check out http://www.RedRocketVC.com
To learn more about George Deeb and Jay Stocki:
Check out http://www.RedRocketVC.com