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Translating startup-speak for the corporate buyer
Startups salivate at the prospect of entering the enterprise – and for good reason. The enterprise is rife with legacy systems and circuitous processes that frustrate employees and hinder results — and the startup has just the perfect product to fix the problem.
Too often though, the pitch to the enterprise falls flat or a promising pilot gets sidelined. Sometimes there’s a clear obstacle, like a mismatch between product and problem to be solved, an inability to scale, or the loss of an internal sponsor. But more often than one would expect, the startup’s value is simply getting lost in translation.
Even the most forward-looking enterprise leaders are operating in an environment what I like to call “GAAP-based digital strategy.” The budgeting process supports only certain kinds of purchases, like renewable software licensing fees and support contracts with fixed costs. New models, like variable costs for open source development, require workarounds and explanation in the budget process and cause even the most eager internal champion to lose time and energy.
So what’s a startup to do? The more you can help your internal sponsor translate the cost model to adhere to the established norm, the more traction they are likely to get from the hydra of procurement and finance. Once the project has momentum, your champion can work to change the budgeting process – but that’s a tall order before your pilot is launched and showing results.
The concept of GAAP-based digital strategy extends well beyond accounting practices. Consider internal reporting: large organizations spend an inordinate amount of time reporting up, across, and down in an effort to improve transparency and inspire shared ownership of outcomes. What are the KPIs for the department you are serving? How easily will your results translate into their storytelling? Spend some time up front with your client to ensure your results align with (and show up in!) the existing framework for reporting.
Corporations are aware of how hard it is to navigate these control systems, and so they are increasingly creating “innovation departments” with dedicated funding for one-off experiments using new technology. This is often the start of the relationship between a startup and a new client.
For startups, this can be a beneficial approach, since it offers the opportunity to deliver value before wrangling with cumbersome procurement or IT requirements. But too often these divisions lurch from pilot to pilot, and struggle to find line-of-business champions willing to absorb startup technology into their operations. The biggest challenge here is that there’s often no enterprise template for the handoff from the innovation setting – where experiments can operate in a “clean room” apart from procedures and regulations – to ongoing operations.
Here’s how one startup providing augmented reality headsets and software to a complex pharma manufacturing environment crossed over. Their pilot showed clear results: testing with four-five headsets, their AR software measurably helped workers on the floor by augmenting the workflow with voice recording and hands-free capabilities.
The startup team then came on-site, and they partnered with the workers testing the solution to document the improvements and discuss how to ensure the process complied with regulations. This direct interaction fed into their results reporting to make the case for the 30-40 headsets needed on the shop floor. Rather than wait for middle management, the startup developed a grassroots-fortified case for moving into operations.
Similarly, a startup piloting an analytics product in a CPG enterprise was immediately pigeonholed into the IT department’s analytics budget. Surrounded by a range of solutions from business intelligence dashboards to marketing technology tools, their pilot was getting lost.
By closely analyzing results, the startup saw promising early findings in the trade promotions area. They worked through their contacts to reach the executive in charge of trade promotions who took the pilot under her wing – and into her budget. They avoided being locked into a GAAP-based bucket (analytics), and were connected with an executive to unlock a whole different conversation.
In addition to finding your internal champion and changing the GAAP conversation, spend time understanding the larger enterprise backdrop: the initiatives and themes that are driving this quarter’s shareholder value. Help your client position the solution not only in the context of the specific problem to solve, but the overall enterprise goals.
The annual report is your friend here. The focus may be digital transformation or global collaboration or risk management, and aligning to this priority may enable your client to get buy-in internally. Make sure you are fluent in the visible, budgeted, CEO-led, cross departmental initiatives — and how your solution plays a role here.
Take heart: this translation won’t always be a one-way street. The deeper your engagement, the more your enterprise clients will benefit from your startup’s perspective, and change technology, process, and language to reflect that understanding. Ideally, GAAP-based digital strategy recedes as long-established protocols reduce structural lag with how business is conducted today. In the meantime, consider the art of translation as important as pitching the outcome.
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Tech News
The 5 Best Android Apps For Note-Taking In 2023

There is a variety of reasons why Google Keep is one of the best Android apps for notes. For starters, it comes pre-installed on most Android phones, so you won’t need to clog your storage with yet another app download. Even if you do need to install it, its a very small nine megabytes and won’t put too much strain on space.
With Google Keep, you have different types of notes at your disposal: plain text, checklist, image, drawing, and even voice recording. This lets you capture your thoughts with ease, regardless of what shape they may be in. Plus, each note can be personalized with colored or picture backgrounds to add a sprinkle of life and creativity to your collection.
But perhaps one of the most useful things about Google Keep is its collaboration feature. Just share your note to your friend’s email, and you can start working on your to-do lists or ideas together.
Tech News
Here’s Why The Cantilever Aero Bullet Is Considered The Worst Planes Ever Built

The Wrights were engineers all over the world trading notes and testing prototypes with the shared goal of powered flight. Alberto Santos-Dumont flew a manned airship in a neat circle around the Eiffel Tower in 1901. Wilhelm Kress’s Drachenflieger might have etched its name in the Austrian sky in the same year, had its power-to-weight ratio not been thrown off by errors at a fledgling engine builder called Daimler.
All that seems to have sounded too much like work for Christmas. He did not study aerial flight. He carried out no experiments. He decided to skip to the part where people would pay him and a flying machine would appear. To that end, he founded the Christmas Aeroplane Company in 1909. In 1918, it would be known as the Cantilever Aero Company.
Christmas had nothing to sell but a story to the Continental Aircraft Corporation and New York Senator James Wolcott Wadsworth when World War I broke out.
[Featured image by Flight Archive at FlightGlobal via Wikimedia Commons | Cropped and scaled | CC BY-SA 3.0 ]
Tech News
Samsung SmartThings Station Review: One-Button Connected Home Control

The SmartThings Station looks very similar in size and shape to Samsung’s Galaxy 15W Wireless Charger, with a couple of key extras. First, the “Smart Button” on the top panel lets you trigger up to three automated sequences involving any of your connected smart home devices. And two indicator lights on the front face of the unit show the status of the wireless charger and the status of the Station as a smart hub, such as: working normally, restarting, can’t connect to the Internet, or scanning for new devices to add to SmartThings.
The unit I tested came with a USB-C to USB-C cable, and an AC power adapter. There is also a lower-priced SKU that does not include the power adapter, but be wary of that, as many online commenters complained that it did not work with their third-party power adapters.
Once I plugged in the SmartThings Station, and it booted up for the first time, a pop-up on my Samsung Galaxy S22 Ultra phone prompted me to go to the SmartThings app, where I connected the Station to the same Wi-Fi network as the phone. You can opt to save the Station’s network connectivity info to Samsung’s SmartThings cloud while you’re at it.
After setup, the app shows the Station device info, such as its location (My home, My office, etc.) and room (living room, bedroom, kitchen, and so forth).
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