Food Foundry Accelerator by Relish Works Announces Third Cohort Serving Innovative Food Industry Startups

CONTACT

J Blaszczykiewicz

Director of Marketing, 1871

j@1871.com


Relish Works, in partnership with Gordon Food Service and 1871, launches their third cohort of the Food Foundry with five finalists who are creating new solutions for a changing food industry post-pandemic. 


CHICAGO (May 24, 2021) — Food Foundry, a Relish Works accelerator program launched in partnership with Gordon Food Service and 1871 that is rethinking the way food moves, has announced the five innovative food startups that will join their third cohort. 

There have been numerous large-scale shifts in the foodservice industry throughout the last year, as companies have had to navigate supply-chain disruptions, operational adjustments to place health and safety as a priority, and other changes. In response to the challenges of the ongoing COVID-19 pandemic, the startups selected for the third cohort of Food Foundry are creating new solutions for a changing industry. The participating members are leading the way in supporting and accelerating two growing trends in how food moves and arrives at the table: digital adoption and ethical consumerism

“As we find ourselves in the midst of a changed industry, we continue to place our customers at the center of everything we do,” said Rich Wolowski, President & CEO of Gordon Food Service. “We are inspired by the Food Foundry companies’ commitment to creating solutions that will help our industry recover and thrive once again.” 

The Food Foundry is proud to welcome the following startups as cohort three members: 

  • EZ Chow provides multi-channel digital ordering for restaurants and hospitality organizations.
  • Feedback App is a low-cost food ordering platform that reduces food waste by facilitating the diversion of any excess.
  • Forever Ware makes trash-free takeout and delivery a reality by stocking restaurants and grocery stores with smart, reusable takeout containers and cups that customers can borrow and return. 
  • Sampoll provides innovative SaaS solutions for product trials and voice of customer insights.
  • Tavolo is an app that introduces contactless dining by allowing users to reserve a table, order menu items, and pay for meals at restaurants they love while utilizing AI to analyze restaurant metrics to improve the customer experience.

Throughout the selection process, Food Foundry sought startups that are shaping a more resilient future by taking fresh approaches to today’s most pressing challenges. Each finalist demonstrated a product or service that offers an innovative solution with the potential to reimagine the food industry and create a stronger, more sustainable food ecosystem. 

“At Relish Works, we recognize that collaboration and innovation are the way forward,” said Laura Habegger, Head of Food Foundry.  “As we look to foster more partnerships and connections among the VC community, startups, industry experts, and restaurant operators, we are thrilled to bring five promising companies into our community as part of our third Food Foundry cohort.”

Food Foundry is a 16-week immersive accelerator that provides cohort members industry -essential resources, hands-on mentorship, venture capital funding, and technical guidance, culminating in a virtual demo day on September 9, 2021. The program also provides membership to 1871 and access to its roadmap—otherwise known as PYROS—which helps entrepreneurs navigate startup fundamentals and propel them forward through every business milestone, from the idea stage through product-market fit.

Additionally, the following Entrepreneurs-in-Residence at 1871 will support cohort members as mentors throughout the course: Chris Freeman, John Powers, Noramay Cadena, Rebecca Sholiton Kahnweiler, and Shayna Harris.

“Gordon Food Service is a long-time and dedicated partner in our mission to provide growing startups with the tailored resources, community support, and industry-specific education and connections they need to survive and thrive,” said Betsy Ziegler, CEO of 1871. “We’re proud to continue to grow our collective impact as we welcome the newest cohort of Food Foundry, whose members are leading the way in disrupting the foodservice industry and creating new solutions for a post-pandemic world.” 

To learn more about Food Foundry’s third cohort or its member companies, please contact Laura Habegger at laura@relishworks.com or J Blaszczykiewicz at j@1871.com.

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About Food Foundry 

Food Foundry is a Chicago-based accelerator program by Relish Works designed to support, connect, and propel innovative startups who are rethinking the food industry. Built in partnership with 1871 and Gordon Food Service — our program offers access to national foodservice business resources, distribution and supply chain resources, advanced curriculum, access to restaurant operators, mentors, and more.

About Relish Works

Relish Works is an innovation hub leading disruption in the food industry. Its purpose is to generate innovative solutions to the most pressing customer problems and unmet needs by creating partnerships, designing new solutions, and making strategic investments. Relish Works has deep professional expertise in human-centered design, customer experience, strategy, and early-stage investing. The office is located in the Merchandise Mart building in downtown Chicago. 

About Gordon Food Service

Since 1897, we have delivered uncompromising quality and heartfelt service to our customers. We began as a simple butter-and-egg delivery service, and have grown to become the largest family business in the foodservice industry by upholding the same approach for more than 120 years—remaining passionately committed to the people we serve. Today, we serve foodservice operators in the Midwest, Northeast, Southeast, and Southwest regions of the United States and coast-to-coast in Canada. We also operate more than 175 Gordon Food Service StoreⓇ locations in the U.S. By partnering with organizations from across industries—healthcare to education, independent and chain restaurants, and event planners—we help our customers create food experiences that people choose, enjoy, and remember. To learn more about Gordon Food Service, visit gfs.com.

About 1871

1871 is Chicago’s technology hub and the #1 ranked private business incubator in the world. It exists to inspire, equip, and support early stage, growth scalers and innovators in building extraordinary businesses. 1871 is home to ~450 technology startups, ~300 growth stage companies, and ~1,500 members, and is supported by an entire ecosystem focused on accelerating their growth and creating jobs in the Chicagoland area. The member experience includes virtual and in person access to workshops, events, mentorship, and more. The nonprofit organization has 350 mentors available to its members, alongside access to more than 100 partner corporations, universities, education programs, accelerators, venture funds and others. Since its inception in 2012, more than 650 alumni companies are currently still active, have created over 11,000 jobs, and have raised more than $1.65 billion in follow-on capital.

Cohort represents diverse financial technologies, including tools for homeownership, healthcare planning, small/midsize business accounting, supply chain and estate planning

CHICAGO, May 21, 2021 /CNW/ – BMO Harris Bank and 1871 are proud to announce the five participating companies selected to join their 2021 WMN•FINtech Program. WMN•FINtech is a fintech industry program for women-founded and -led startups and the latest evolution of the BMO Harris / 1871 Innovation Program.

Launched in 2020 and now returning for its second year, WMN•FINtech was designed to help bridge the gender gap in the startup and tech community and give more women entrepreneurs the opportunity to bring innovative technologies and products forward.

The following five women-led companies were invited to participate in the 2021 cohort of WMN•FINtech:

Arena Pay(Fairfax, Va.)
Arena Pay helps small and medium sized businesses actively manage accounts payable, optimize payment timing, and pay business expenses. The Arena Platform syncs to accounting software to categorize payments in real time, Arena Pay enables active cash flow optimization and Arena CFO provides a full suite of CFO services to US businesses.

Caribou(Boca Raton, Fla.)
Healthcare is the biggest expense in retirement, the number one reason for bankruptcy, and is currently the top financial concern for Americans. And yet, financial advisors are not equipped to incorporate healthcare into their financial planning process. Caribou is a healthcare planning and navigation solution for financial advisors to differentiate themselves, build deeper client relationships and be better life planners.

HomeZada(El Dorado Hills, Calif.)
HomeZada is a digital home management platform that empowers homeowners to manage, maintain, protect, improve and differentiate their home for sale during the entire homeownership journey. It is a proven mainstream platform that combines multiple apps, content, and data to manage their largest financial asset and biggest expense. HomeZada is also a solution that assists businesses and organizations that service homeowners in industries like insurance, mortgage, real estate, home building and more to retain and engage their existing customers and gain net new customers.

Indie Tech
Indie Tech is an exciting new startup that is set to radically improve the way large enterprise clients and external consultants work together. Recognizing the myriad of issues that both clients and consultants face every day in trying to successfully complete projects through third-party sources, Indie Tech has embarked on a bold and ambitious plan to overhaul the flawed process by developing an AI-driven SaaS consulting management system.

Trustate(Tampa, Fla.)
Losing a loved one is hard enough. The administrative work that comes along with it shouldn’t be. Trustate is an end-to-end estate administration service that uses “tech + touch” to help people quickly and efficiently settle the estate of a deceased loved one. In addition to full estate settlement services, Trustate’s digital products include “estate prep” tools to guide families in the creation, management and organization of their estate.

“We are proud to join our longtime partner BMO Harris Bank to welcome the members of the second cohort of WMN•FINtech,” said Betsy Ziegler, CEO of 1871. “These five women-led startups are leading the way toward building the future of the financial sector, and through the WMN•FINtech Program we seek to provide the resources, mentorship, and industry insight they need to thrive.” 

“We are delighted to shine a light on these fintechs and their founders and to help support and learn from them as they grow,” said Hugh McKee, head of BMO Partners, BMO Financial Group. “They have all found innovative ways to solve important financial challenges with technology, delivering value for users and helping them make real financial progress. All of us at BMO look forward to following their successes during the WMN•FINtech Program year and beyond.”


About WMN•FINtech
WMN•FINtech is designed for startups that create services or solutions for the financial sector, offer insights and advice to customers or help identify customer needs. Eligible startups have a woman founder or co-founder and are based in the U.S. WMN•FINtech provides selected startups with:

  • A three-month program with guidance from industry experts at BMO, including an executive champion who will offer leadership guidance
  • A four-month membership and working space at 1871, the number one private business incubator in the worldi
  • Curriculum focused on enterprise sales cycles, vendor management, information security and risk and regulatory requirements
  • The opportunity to pitch venture capital investors for feedback, mentoring, continued connections and/or funding

About 1871
1871 is Chicago’s technology hub and the #1 ranked private business incubator in the world. It exists to inspire, equip, and support early stage, growth scalers and innovators in building extraordinary businesses. 1871 is home to ~450 technology startups, ~300 growth stage companies, and ~1,500 members, and is supported by an entire ecosystem focused on accelerating their growth and creating jobs in the Chicagoland area. The member experience includes virtual and in person access to workshops, events, mentorship, and more. The nonprofit organization has 350 mentors available to its members, alongside access to more than 100 partner corporations, universities, education programs, accelerators, venture funds and others. Since its inception in 2012, more than 650 alumni companies are currently still active, have created over 11,000 jobs, and have raised more than $1.65 billion in follow-on capital.

About BMO Harris Bank
BMO Harris Bank provides a broad range of personal banking products and solutions through more than 500 branches and fee-free access to over 40,000 ATMs across the United States. BMO Harris Bank’s commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the United States. For more information about BMO Harris Bank, visit the company fact sheet. Accounts are subject to approval. BMO Harris Bank N.A. Member FDIC. BMO Harris Bank is part of BMO Financial Group, a highly diversified financial services provider with total assets of CDN$973 billion as of Jan. 31, 2021. 


Originally published here.

The Chicago tech market is growing rapidly and we want to learn about our community’s data maturity. Aptitive is conducting the 2021 Data and Analytics Survey to understand how your organization and others like you are managing data and using analytics to achieve your goals.

The survey should take no more than 5 minutes to complete, and your answers are completely confidential. However, if you want to be entered to win one of three YETI coolers, make sure to provide your contact information at the end of the survey.


On May 12, we joined our presenting sponsor Wipfli in welcoming business professionals and entrepreneurs to ScaleUp Chicago 2021! This year’s virtual event brought together the full 1871 community for a day of learning, networking, and sharing stories of success for scaling companies across Chicago and beyond. Together, our presenters tackled some of the most pressing topics in the business world, including the lessons we’ve learned from the pandemic and how we can better negotiate in-person and virtual flexibility in the workplace.

We started our day off with a strong brew at our coffee connect, where Brewpoint Head Cafe Manager Alex Corsi guided our attendees through Coffee 101. From there, we were caffeinated, connected, and ready to learn!

In our opening panel, we welcomed back a few familiar faces in 1871 CEO Betsy Ziegler, The Forge: Lemont Quarries Co-Founder & CEO Jeremie Bacon, and Jellyvision CEO Amanda Lannert. When these three leaders met last year at ScaleUp, the reality of the COVID-19 pandemic and its effects on business had fully set in. This year, they discussed the lessons they learned from their shift from the physical to virtual workplace and spoke with optimism about the future. Calling in from a tent in the woods, Jeremie explained the need for a new sense of balance in our lives by finding a way to reinforce employee and customer bonds. Amanda also spoke candidly about her company’s vision of the post-pandemic office, which includes an indefinite optional in-person experience, bench and cafe style seating that emphasizes collaboration, and the incorporation of Zoom spaces to better accommodate a hybrid workspace. 

The panel quickly established an important theme that many presenters reiterated: as companies prepare for the possibility of a coming “tsunami of resignations,” or as some have termed the “Great Resignation,” we must renegotiate the employee/employer contract to better care for the whole person, not just the whole employee. 

From here, we jumped into our morning sessions, where participants learned leading insights on a variety of important topics. In “Doing Well and Doing Good: Community Engagement and Impact at Any Stage,” Relativity Head of Social Impact Colleen Costello discussed ways companies can promote community engagement and social impact at a time when doing good in the community is just as important as doing well in our business endeavors. 

Next, we talked about organizational design for growth with our lineup of experts, which included ParkerGale Principal Jimmy Holloran, Hazel Technologies VP of People Michelle Mesina, Pangea Money Transfer VP of People Carolyn Kwon Montgomery, and XSELL Technologies Head of People Elles Skony. Panelists explained that HR needs to work closely with each team to gain clarity and alignment in a company’s hiring goals and needs, which will allow a company to slow down or speed up the recruitment process or readjust their priorities as needed. On the topic of the hybrid workplace, they argued that business leaders need to learn now how to lead hybrid teams in a way that removes in-person bias. Jimmy also reiterated the hybrid is most likely the way of the future, noting that “companies that are flexible and get it right will win the war for talent,” because ultimately “younger Gen-Z employees will end up making the decisions for companies.”

Before we breaked for lunch, our participants were treated to a fascinating lesson on the growing role of machine learning and AI from Enova Chief Technology and Analytics Officer Joe DeCosmo. During the session, Joe explored how the pandemic has accelerated the shift toward machine learning as consumers have begun to gravitate towards AI assistance, including personalized shopping, customer service bots, and more. Joe proposed a new, human-focused approach to AI, in which this innovative technology can replace repetitive, low value tasks and improve the customer experience to free up staff to focus on customer-facing, value-added activities. 

While our morning was packed with enlightening information, our participants were still hungry for more after lunch! In our first afternoon session, we discussed OKRs and Transitional Roadmaps with Kin+Carta Principal Product Carla Pajak, Zebra VP of Portfolio & Strategy, Products and Solutions Group James Poulton, Groupon Global Head of Technical Program Management Christine Stone, and Wipfli Technology Industry Leader Girish Ramachandra. The panel agreed that companies should reframe their view of KPIs away from a checklist to a roadmap leading them where they want to go. 

In our last session, Sales Assembly President Christina Brady and Salesforce Regional Vice President, Enterprise Corporate Sales Jaron Kent talked about how businesses can impact their bottom line with company culture. Jaron reiterated how important it is to stay proactive when leading a team virtually, and advocated for leaders to incorporate options for office hours and virtual happy hours in order to over communicate as necessary while also giving your employees your undivided attention over the video camera. 

Finally, we finished ScaleUp strong with a closing fireside chat between Betsy Ziegler and Relativity CEO Mike Gamson. Mike spoke about his deep connection to Chicago, how that love for his home guided him throughout his career, and how entrepreneurs can access coastal VC funding without ever leaving the Midwest. Mike also reiterated many of the insights provided in the opening panel, and reminded participants that in addition to investing in re-envisioning the physical office space and video skills, we must commit to inclusive leadership—not just in regards to race, gender, and age, but also time zones and location. 


Thank you again to everyone who joined us for this year’s ScaleUp Chicago and to everyone who made this event possible, including our panelists, presenting sponsor Wipfli, and gold sponsors Invest Northern Ireland, Okta, Ramsay Innovations, Salesforce, and The Wall Street Journal

You’re Frozen Again  

It happened again. Your computer froze at the worst time possible. You may be asking yourself, “Why does my computer keep freezing?” The truth is there are several reasons why your computer may be freezing up. Below we have listed some of the most common reasons why your computer is freezing up and what you can do to fix it. Let’s get started! 


You Have Too Many Programs Open 

The number of programs you have running will affect the processing speed of your computer. If you have too many programs running, your computer will likely be moving at a sluggish pace.  


Overheating  

Why does my computer keep freezing? It may be due to your device overheating. If you allow your computer to overheat for too long, you may even risk damaging the integrated circuit of your system processor. 


A Faulty RAM 

Constantly asking yourself “why does my computer keep freezing?” It could be an issue with your RAM. Frequent computer freezing is a sign that you may have insufficient RAM. Upgrading your RAM or reinstalling your operating system could fix your problem. 


External Device Issues  

Whether it be a USB, mouse, or keyboard any external device with issues can be causing your computer to freeze. To uncover which device is causing your computer to freeze, you will have to use the process of elimination. 


Computer Viruses  

So, why does my computer keep freezing? Sadly, it could be due to a virus on your device. Be sure your security measures are up-to-date and perform an antivirus scan to detect any viruses plaguing your system. 

If a virus was found on your computer, back up all necessary files to an external hard drive, update your OS, and shut it down. This can prevent further damage to your – or if the device in question is a work computer, your company’s – files. If you’re unsure about the extent to which your device has been compromised, it’s time to contact an IT Professional.   


BIOS Settings 

Did you know that altering BIOS settings could put your system in freeze mode? To check, reset the BIOS to default, and this should fix the issue. 


Buffering WiFi

Part of your problem may be that you do not have enough megabits (Mbps) in your wireless plan. The more devices and people you have using the WiFi in your home, the more megabits you will need. Things like video calls, streaming, and gaming all eat up a lot of Mbps. Talk to your provider to make sure you are operating with enough power for your own needs. 


Final Thoughts

Computer issues can be frustrating, so never hesitate to reach out for professional help when you are unsure how to fix something. With technology, it is always better to be safe than sorry.


Originally posted here

When you attend college right out of high school, it’s all about getting good grades, graduating, and moving into the work world.

Justin Stull, talent acquisition manager for CSC Corptax® and hiring manager for CSC TCI®, is taking a different path and still ending up where he wants to be. He’s earning a degree from Oklahoma State University online—while working full-time.

Justin took community college classes after high school and landed a job doing route sales for Nestlé ice cream products. He got into recruiting when a friend told him about a position at a staffing agency, where he was able to use his relationship-building and strong interpersonal skills. After about four years there, Justin learned about a technical recruiting job at CSC Corptax that aligned with his interest in technology.

Happily, he scored an interview. He wasn’t sure about going into corporate tax at first, without experience in that area. “I’m glad I did because the interview was awesome. I got to meet with some of the team and felt an immediate fit. It’s been a great choice.”

Justin chose Oklahoma State because it’s considered one of the top online human resources programs, and it’s relatively affordable. He’s majoring in business management with a minor in human resources management. Justin’s online curriculum includes classes in organizational development, talent development, and business data analytics. After he completes three more classes during summer session, he gets his degree in July. “The classes give me ideas on how to do things more effectively at CSC Corptax,” he says. “We talk about interacting with people while recruiting and finding the right audience for your message. I’ve learned a lot about building compelling messaging and job descriptions.”

CSC Corptax’s education assistance program allows full-time employees with at least six months of continuous employment to take classes, provided the courses directly relate to the employee’s current work assignments. The company reimburses 100% of tuition with a $5,250 annual maximum. Employees must provide documentation and maintain a B average.

CSC Corptax has grown rapidly since Justin joined the company. In his five-plus years there, he estimates he’s onboarded at least 200 new people. “I started as a senior technical recruiter. Now I’m a talent acquisition manager and more involved in budget conversations, working on recruitment marketing, and shaping our brand presence and HR-related social media posts. These are things I’ve wanted to do for years.”

Justin plans on working with an intern soon, which will give him some hands-on management experience and the opportunity to coach and mentor. “Kelly Bentley, our Director of Human Resources, has been fantastic about giving me more opportunities,” he says. “I’m continually going in a direction I want to go and getting to work in different areas of recruitment, which I really enjoy.”

Justin loves having a job that gives him the flexibility to balance what matters, along with interesting work that keeps him learning. “There’s always something new going on, and it’s fast-paced,” he says.

He tells job candidates that CSC Corptax is a perfect landing spot for people looking for challenging work and the opportunity to advance their careers. “We look for people who can help us make an impact with new ideas that will fuel our continued success,” Justin says. “We look for employees who will disrupt the status quo and push us to new levels. If you bring that type of mentality to the job here, you’re going to be successful.”

CSC Corptax has employment opportunities throughout the Chicago area and beyond, including remote roles in software development, project management, DevOps, digital and product marketing, and tax analysis. For more information, visit corptax.com/careers.

From a CFO at 25 to a leading innovator in the financial services sector, Kristi Ross shares her path toward creating change and the lessons she learned along the way

It’s no secret that trading is a historically white male-dominated industry. So when Tom Sosnoff shared with Kristi Ross his vision for tastytrade, she saw and embraced the opportunity to build a platform that not only makes trading stocks and options fun and actionable, but also more accessible, equitable, and diverse. They launched tastytrade together in 2011.

Today, tastytrade proudly empowers a new generation of entrepreneurs to break through the traditional barriers to entry as the most watched financial network in the United States. In January 2021, the company agreed to be acquired by IG Group for a remarkable $1 billion, further cementing its status in the business world and marking an important milestone in Kristi’s journey of paving the way for other female entrepreneurs to follow.

Kristi Ross is a leader with a mission. From her time as CFO of one of the most innovative brokerage firms to building her own business back in 1996, she has worked to make Chicago a city that breeds tech innovation and continues to lead the charge in supporting fellow women in the financial sector to stand up together. 

“I think everyone would agree that Kristi Ross is among the most successful female entrepreneurs in Chicago,” 1871 CEO Betsy Ziegler said. “In the three years I’ve known her, I’ve seen firsthand how much she gives to everyone and how much she cares about creating a path toward success for other women. Kristi is leading the way when it comes to building a better tech community and city.” 

We spoke with Kristi to learn more about her long career of empowering others to disrupt the status quo and the top lessons she learned along the way.

Lesson 1: Don’t run away from conflict and failure. Embrace them. 

Kristi learned early in life about the tools necessary when building a business by watching her parents, whose unwavering work ethic became her own model for her career. Growing up in Wisconsin, her house was filled with conversation, as her parents invited her at a young age to join in on their lively debates at the dinner table. Although she didn’t realize until later in her life, this experience of freely sharing ideas taught her to embrace conflict and different views—a lesson she would use frequently when building her team. 

Failure also played an important role in her upbringing. Kristi’s father was “a risk taker and entrepreneur by wiring” as she describes him, and she watched multiple times as he built his businesses, failed, and pulled himself back up to try again. 

“My dad made persevering through challenges look effortless,” Kristi recalled. “So when it came to entrepreneurship, I never felt afraid to fail.”

Lesson 2: Prepare for the future you want, and make no apologies about turning opportunities into a reality.

After graduating from St. Norbert College, Kristi took a job at an accounting firm in Chicago, which is where she first met her mentor and friend Tom Dwyer. As a partner at the firm, Tom introduced her to a new network of clients and offered his insights on how lasting relationships are made in the business world. The two bonded over a shared competitive spirit that extended beyond the office; Kristi even ran her first marathon with Tom at her side. 

This mentorship proved to be a lesson itself. As Tom often explained to her, important connections are made during and outside of working hours, from the boardroom to the golf course and everywhere in between. In business, friends can become clients and clients can become friends, but you can’t simply wait for valuable connections to drop into your lap. Instead, you have to have your antennas up at all times and grab opportunities when they arise.

For Kristi, that life-changing opportunity came when she was 25 years old, when an opening for Chief Financial Officer opened up at one of the clients of the company where she was working at the time. When her boss asked during a meeting if anyone was interested in applying, Kristi raised her hand.

“I believe change starts with our own mindset,” Kristi said. “As a woman in the financial and tech spaces, it’s important to take risks and make no apologies for showing the world what you’re capable of.” 

The role was a big step up for her, and she bought two books on how to be a successful CFO and CEO to prepare for her interview. Those books sat on her desk for years, guiding her through what wasn’t always a clear process and reminding her of the importance of taking a risk to pursue the future you want.

“I want all women to have the chance to reach for big dreams and even bigger results, and that starts with myself,” she added. “I wanted to put my own stamp on the world so it would be the norm for others to follow.”

Lesson 3: When making tough decisions, follow your priorities. 

But when we find the right opportunities, how do we strike a balance between our work and personal lives? 

Kristi noted that like many women in the business world, there were multiple reflection points in her career where she had to make a choice about what was right for her family and her career. In one instance, Kristi made the tough decision to leave the business she had started in order to become the CFO  for one of her clients, as she understood that it would help her make a leap forward in her own development while also allowing her more time with her young daughters and husband.

Kristi also recalled a move that took her away from a job she loved and ultimately to an opportunity that would lead to the creation of tastytrade. 

“There was a point when I was traveling a lot for work, and I had to take a step back to evaluate my life,” she said. “I love my family and career, but I had to find a better personal balance to make sure I was devoting enough of myself to both.” 

Instead of choosing one or the other, Kristi asked herself an important question: What can I do to make a change that will allow for more flexibility and time on both sides? Ultimately, she decided to take a new job at thinkorswim—an online trading platform that was later acquired by TD Ameritrade—which was where she first met her future co-CEO Tom Sosnoff. While the choice was not an easy one to make, Kristi emphasized that it’s important to first do a personal check to see whether or not you are covering your priorities. 

So, what was Kristi’s one condition when taking the role at thinkorswim? No travel. 

Lesson 4: Surround yourself with people who share your passion for creating change.

One of the top reasons startups fail is because they have the wrong team. Finding the right people when building a business is critical, but Kristi emphasized that it’s not enough to simply find team members that are capable of doing the job. Entrepreneurs need to surround themselves with people that share their passion for creating change and can add value to a common cause.

When Kristi joined Tom and the thinkorswim team in 2004, the company had just taken VC money and was looking to scale. She agreed to help prepare them to become a public company and gave herself  a deadline of 2 years to do it. 

Kristi reflected upon her working relationship with her co-CEO and how their blend of operational differences and shared motivations make for a successful partnership.

“Tom and I have widely different approaches, but we share the same core values,” said Kristi. “We want to make trading fun, actionable, and accessible for everyone. For us, it’s all about empowering people.”

So, how do entrepreneurs find the right people? Kristi notes that when it comes to building a business, every single person matters. But the company culture must also feed an employee’s desire to create change. These two components must work together, with the team building a positive environment and the company cultivating a culture that will sustain and drive these important developments. 

Lesson 5: Online trading knows no gender or race.

Kristi is positive when she looks toward the future of the financial services industry and Chicago tech overall, noting that a lot of progress has already occurred from when she started her career. 

Online trading is one of the most significant catalysts for this change. Unlike the traditional financial industry that was dominated by white men, the digital revolution removes barriers to entry and creates an avenue for a younger audience to enter into the world of trading. Platforms such as tastytrade cost nothing but a person’s time, making it a powerful tool for investors regardless of race, gender, background, or experience level. 

“tastytrade perfectly encapsulates the mission that has driven me throughout my career,” Kristi said. “We of course want to bring investing to a younger audience, but it also ties in with a deeper belief. We need a platform that levels the playing field, sees traders and entrepreneurs without bias, and empowers them to succeed.”


Hopefully this is just the beginning on the road to progress. When asked what she hopes for the future, Kristi said that she dreams that a headline will one day read “Chicago tech breeds innovation.” She believes that Chicago, with its strong community of dreamers, doers, and disruptors, can paint the future with diversity and parity across all industries, neighborhoods, and areas of life. 

Because Kristi is incredibly humble in the change she herself has inspired, it took a few kind proddings to finally get her to answer what role she hopes to play in this future. 

“I aim to be one of the most active founders behind female founders for our future,” said Kristi. “I want to empower risk takers, information seekers, doers and disruptors so that my three girls and others like them can see the world through the eyes of endless possibilities.”

For months, we’ve been inundated with TV commercials, digital ads and media headlines touting 5G as the “next big thing” in wireless technology. Industry trade show conversations have centered on the technology’s potential, carriers have been offering deals on consumer 5G devices, and companies of all sizes have been clamoring to know what this means for them – especially if they just migrated from 3G to 4G. Making this even more confusing, we’re being hit with a never-ending wave of techno-jargon like “mmWave,” “Sub-6”, and “Mass MIMO.” There’s even more chatter about “private networks” using 4G or 5G and leveraging a new frequency band called Citizens Broadband Radio Service (CBRS) operable under both licensed and unlicensed models.  If things weren’t complex enough, on the wireless LAN side, there’s a new Wi-Fi standard, called “Wi-Fi 6.” It has barely penetrated the market and there’s already a follow-on called Wi-Fi 6E.

We are certainly living in interesting times!

Enterprise customers must be prepared to make some challenging, strategic technology decisions, as each new wireless technology promises speed, capacity and/or convenience benefits. However, not all of these technologies may benefit your organization – and those that do may not offer the immediate return on investment (ROI) you’re expecting. That’s why we asked Zebra engineering fellow Bruce Willins to provide clarity on the current wireless inflection and how it will impact your enterprise mobility strategy in the coming months. Our goal with this conversation and others we’ll have in the coming months with top mobility experts is to help customers make intelligent, informed decisions that best suit their respective needs.

Keep reading below to learn which of these new technologies warrant closer attention right now, and possibly a near-term investment, by both small businesses and large enterprises. 

Your Edge Blog Team: What is 5G, fundamentally speaking? 

Bruce: I’m often asked “what is 5G technology?” to which there is no answer since 5G is not any one single technology. It introduces an array of new technologies, such as mass-MIMO spatial diversity at the physical radio network layer and network slicing in the back-end infrastructure. So, even though one “G” beyond 4G doesn’t sound like much, 5G represents a major step in the evolution of cellular technology.

However, it is important to understand that 5G “performance” can vary based on frequency band.  5G spectrum is divided into three different bands. The low and mid bands are Sub-6 GHz. In contrast, the high band operates at millimeter wave (mmWave) frequencies, which are >24GHz. The lower bands are well suited to extended coverage and range and can more readily propagate through and around physical structures. But they have limited bandwidth/data rates. In contrast, mmWave – some carriers refer to this as ultrawideband – supports very high data rates and enables very small antenna structures which are used to create antenna arrays. But it does not readily extend coverage through walls or other physical structures. So, there’s a bit of a tradeoff: some will enjoy more widespread wireless coverage while others may be able to send and receive more data in limited geographical areas.  

Once fully rolled out, 5G has the potential to deliver speeds equivalent to wired Internet (somewhere between 10 to 100 times faster than 4G LTE), reduce end-to-end latency, and enable new deployment models. Depending on its wireless infrastructure, solution design and application, an organization might find 5G is able to provide enough bandwidth to support 100 times the number of devices 4G LTE can today. 

But, it’s critical to understand, the transition from 4G to 5G is not going to be as cut and dry as the transition from 3G to 4G. It could take up to 15 years for us to fully realize the 5G benefits I just described.  

Your Edge Blog Team: Why is that? Isn’t 5G here already? We hear a lot of ads in the consumer market boasting about these speed and bandwidth gains today. Are those asterisked? 

Bruce: Though it’s true that many consumers have 5G coverage now, they probably aren’t seeing all the benefits of 5G yet. It’s going to take a long time for full 5G capabilities to become pervasive. Early 5G networks on low frequency bands will not have adequate bandwidth to provide very high data rates. Initial 5G “Non-Stand Alone” networks will be partially constrained by legacy 4G infrastructure. The transition from 4G to 5G isn’t going to be an instantaneous rip and replace situation.

Your Edge Blog Team: How do you know if your 5G service is sub6 or mmWave? 

Bruce: Don’t expect to see any noticeable physical differences in the exterior of the mobile device.  Though mmWave requires multiple antenna arrays distributed throughout the device, these are generally within the enclosure. Now, if you have an mmWave device and are operating on a mmWave link, you might feel the device getting warm, as current mmWave silicon solutions consume a considerable amount of battery power. Thus, the best way to tell is to simply look at the device specifications. On this note, do realize that 5G mmWav-enabled devices will operate in lower 5G bands and 4G. So, one shouldn’t assume that a 5G device can only operate with mmWave coverage. 

Your Edge Blog Team: Will businesses that invest in 5G devices today benefit immediately?

Bruce: There’s no easy answer to this question. When we sit down with our customers to talk about 5G, the first thing we ask is if they have a use case that demands 5G. The next thing we want to understand is if they will be operating in a geographic area that has 5G coverage, and if so, what type of 5G coverage is currently available.

For the near future, customers need to realize that devices will be in and out of 5G coverage.  A parcel delivery person in an urban environment may have 5G mmWave, but as he or she drives away from high population density areas, the signal will likely fall back to 5G Su6 and 4G. Thus, writing an application that relies on mmWave performance may not be prudent. The majority of our customers should consider applications that execute well when operating in the lowest-common-denominator of performance, which will remain 4G for several more years.  

Furthermore, low bandwidth data applications in relatively uncongested areas may operate fine under existing 4G. In fact, 4G performance may actually increase as devices shifting to 5G offload these networks. 

But if you’re looking at 5G because you’re planning to rollout more augmented reality (AR) applications, for example, then it may be worth spending the money now on a 5G-enabled, enterprise-grade handheld mobile computer or tablet. AR applications, which are used to provide “next best step” guidance to workers in warehouses, factories, retail stores and other high-tempo environments, require seamless connectivity and low latency between the host mobile computer, the heads-up display and other wearables, such as ring scanners. In this case, a lot of data is being captured, shared, processed and redistributed between the operational edge and back-end systems. There’s also a constant, real-time video feed that must be maintained. 5G’s ability to provide a high-speed, low latency experience within a semi-confined area could prove very beneficial. 

However, if you have those types of applications in play today, and you don’t plan to introduce applications that require 5G performance into your workflows anytime soon, then you’re going to be fully covered with 4G devices for the foreseeable future. By the time you’re ready to replace those 4G devices, 5G networks should be up and running at full mmWave speed, which means you’ll start to see the benefits of a 5G radio in the handheld mobile computer or tablet.  

Your Edge Blog Team: Are there other enterprise applications that would benefit from 5G?

Bruce: Anyone trying to serve a densely populated area where a lot of devices are going to be simultaneously trying to stream video and other data – such as on college campuses, in apartment buildings, and at football stadiums – will see more immediate benefits from 5G. Internet of Things (IoT) sensors and even some healthcare technology solutions will likely need the speeds and/or capacity offered by 5G to reach their full potential. 5G will also be critical to machine-to machine communications and many Industry 4.0 applications, such as robotic arms and autonomous vehicles.   

But from a mobility perspective, with the exception of niche applications, we’re going to see the enterprise adoption rate lag consumer adoption. This is primarily because the enterprise use cases are still evolving, and coverage is still not yet ubiquitous enough to justify the additional cost of 5G and the power or battery impact of mmWave. 

Your Edge Blog Team: What about Wi-Fi 6?  What is it?

Bruce: Wi-Fi 6 is the next generation of Wi-Fi technology. The Wi-Fi Alliance has changed its naming nomenclature so you might know Wi-Fi 6 as 802.11ax. It’s beyond the scope of this discussion to go through all the Wi-Fi 6 features, but a few notable benefits include increased capacity, increased network density, provisions that enable more control of latency and bandwidth provisioning, and support for lower power IoT devices. 

Wi-Fi 6 devices will operate in legacy Wi-Fi infrastructure and, similarly, legacy Wi-Fi devices will operate in a Wi-Fi 6 infrastructure. Wi-Fi 6 devices are increasingly coming to market and will proliferate in 2021. And, if you are wondering if you can get to Wi-Fi 6 via a firmware upgrade, the answer is generally no. 

Your Edge Blog Team: What about Wi-Fi 6E?

Bruce: Wi-Fi 6E is essentially the turbo version of Wi-Fi 6. Past Wi-Fi networks operated in 2.4GHz and 5GHz bands. Wi-Fi 6E adds a third band: 6GHz. The 6GHz band offers more than twice (1200 MHz) the total available bandwidth – read as capacity – than the 2.4 and 5GHz bands together. Thus, it has the potential to add significant capacity to customer Wi-Fi networks. 

However, operating at higher frequencies does present a tradeoff. Higher frequency signals have more loss when penetrating physical barriers like walls. Expect range to diminish when using 6GHz vs. 2.4GHz, excluding other factors like spatial diversity. Thus, you may only achieve full added capacity of Wi-Fi 6E when closer in proximity to the access point. Depending on access point locations and density, organizations might want to consider changing their network designs to take full advantage of Wi-Fi 6E. 

A question often asked is whether Wi-Fi 6E is a firmware upgrade from Wi-Fi 6. The answer is generally no. The radio frequency (RF) hardware in the access point must be specifically designed to support 6GHz.  

Your Edge Blog Team: Does Wi-Fi 6 offer a strong value proposition for businesses in its current state? 

Bruce: Wi-Fi 6 is a different story than 5G. Enterprise customers have expressed a number of compelling use cases for Wi-Fi 6 and, as they upgrade older access point infrastructure, they are also upgrading to Wi-Fi 6 enabled devices. As the infrastructure transitions, customers buying long-service-life enterprise devices want to make sure they can take full advantage of Wi-Fi 6 capabilities.

A number of large retail enterprise customers have expressed the need to equip all workers with a mobile device, which they understand will stress their existing Wi-Fi networks. Hence the need for Wi-Fi 6. Customers are increasingly seeing the need for a converged, voice-data Wi-Fi solution, which is also driving the need for Wi-Fi 6.  More and more customers are also streaming video over their Wi-Fi networks, such as training videos. They’re also starting to increase the number of augmented reality (AR), virtual reality (VR), and cross reality (XR) devices as well as Wi-Fi IoT devices. These all need Wi-Fi 6. Finally, in contrast to a cellular solution, enterprise customers have complete control over where, when, and how to rollout a Wi-Fi 6 upgrade, which increases its value proposition automatically. 

Your Edge Blog Team: Is there a rule of thumb on which Wi-Fi 6 flavor is the better starting point?

Bruce: Again, it’s really going to depend on the use case. I strongly recommend that any organization considering an upgrade to either Wi-Fi 6 or Wi-Fi 6E sit down and have an honest conversation with a trusted technology partner about its current needs and anticipated growth plans, both from a workflow and technology utilization perspective.Right now, we’re working with several customers to evaluate the ROI potential for all of these emerging wireless technology platforms in the context of their current operating states and growth ambitions.In several cases, they’re coming to us with a plan to go all-in on Wi-Fi 6, but we realize over the course of a discovery session that they really need Wi-Fi 6E to achieve their goals. When that happens, we start to weigh all options: should they jump right into Wi-Fi 6E? Should it be an incremental upgrade over the next 3-5 years?Will they ever really need Wi-Fi 6E based on their industry and projected technology innovation? In some cases, customers will never need the turbo version, just like they don’t need premium features on their mobile computers today.  

Your Edge Blog Team: You weren’t kidding when you said the transition to these next-gen technologies weren’t going to be a simple switchover.

Bruce: Unfortunately, not. As technology becomes more prolific, connectivity requirements are no longer as simple as saying we need cellular, Wi-Fi or both. There’s a lot to think about to ensure the solutions work as they must to maximize worker productivity and overall operational output. And, of course, we must always keep thinking in the back of our mind about the future adequacy of technology upgrades. Remember the classical Bill Gates’ line: “640K ought to be enough for anybody.”  Today, we have mobile devices with four orders of magnitude more memory than this, so perhaps 640K isn’t enough. 

Your Edge Blog Team:  There’s been a lot of buzz about private networks, is that something that customers should be considering?  

Bruce: Private networks have been around for quite some time. In simplistic terms, as the name implies, a private network is generally isolated with only gated access to any public network(s).  It leverages WAN protocols (e.g. 4G or 5G) and cellular devices. It also offers enterprise customers data isolation/protection and self-managed, dedicated resource availability, meaning it’s not shared with the general public.

The interest in private networks in the U.S. has grown tremendously with the introduction of CBRS, which is the buzz you’re referring to.  CBRS represents a swatch of spectrum in the 3.5GHz band and can operate in either licensed spectrum or “lightly” licensed spectrum. This means that an enterprise customer without a spectrum license can install a CBRS base station – or stations – and own and operate a CBRS network. One advantage of this scenario is coverage with minimal infrastructure. A single CBRS base station can cover as much area as 10 Wi-Fi access points. For example, a customer looking to cover a campus with a minimal amount of network infrastructure devices might choose to go CBRS. Since CBRS networks are based on cellular protocols and technologies, they inherit many of those technologies’ benefits, such as protocols that provide more deterministic latency for voice communications. Though the example just cited is for an outdoor application, we have seen interest from customers looking to provide indoor coverage in large open spaces.   

Your Edge Blog Team: It sounds like CBRS offers a lot of benefits to a lot of different types of organizations. 

Bruce: You’re absolutely right. Everyone from retailers and hospitality providers to healthcare organizations and transportation companies could probably benefit from CBRS in some way.  With that said, customers that already have a Wi-Fi network and are looking to extend coverage using CBRS must be able to manage two disparate networks.

Your Edge Blog Team: Is there a scenario in which an organization would benefit from cutting the cord, so to speak? Could someone use CBRS to completely replace traditional cellular service or Wi-Fi infrastructure?

Bruce: There are some situations in which CBRS and other private LTE network technologies will be used to completely replace traditional cellular and Wi-Fi solutions. However, I think we’ll see CBRS layered in more as a supplemental solution when someone needs to boost coverage or bandwidth capacity in a very targeted application. For example, a big box retailer isn’t going to necessarily rip and replace its entire Wi-Fi architecture with CBRS. But it might add CBRS to the mix to provide better coverage in its parking lots. An organization that needs to facilitate conversations about sensitive data may also opt to add CBRS on top of existing wireless infrastructure. A good example would be a hospital where doctors are conducting telehealth appointments and want to ensure patient conversations are kept private. 

Your Edge Blog Team: It doesn’t sound like there’s a single best roadmap that organizations should follow to transition to these next-generation wireless technologies, then. 

Bruce: There really isn’t. That’s why it’s so important to first define every application that needs wireless connectivity in some capacity. Then you can sit down with your technology partner to think about how much speed and bandwidth is needed to support those applications in a current state and the anticipated future state. You also have to figure out your tolerance level with regards to latency and reliability. How big of a deal will it be if a signal drops for a split second or doesn’t reach to the furthest edge of your operation? 

You’ll also need to think about how many devices – and how many different types of devices – you need to support. Will a single LTE network be sufficient or will it serve you best to utilize cellular, Wi-Fi and CBRS at once? Can you consolidate from Wi-Fi and CBRS down to just CBRS? Can you afford to wait for 5G to mature more in the enterprise space as long as you upgrade to Wi-Fi 6E right now? And can you afford to upgrade twice in a two-year period if you opt to start with Wi-Fi 6 and progress to Wi-Fi 6E later? 

This certainly isn’t an exhaustive list of considerations, but it is a baseline of what organizations need to think about before spending any money on new wireless technology. It’s our job at Zebra, and it’s the job of our channel partners, to help organizations ask the right questions and then find the right answers specific to each customer’s operating environment. Though today’s wireless ecosystem is more complex than ever, it gives us more flexibility than we’ve ever had to build the right technology solutions for our customers based on their very specific needs. Plus, with the wide variety of flavors now available, businesses no longer have to settle for subpar wireless technology performance or struggle to scale certain applications. We’re going to be able to be very innovative from here on out. The sky’s no longer the limit. 

Originally posted here.

This book offers guidance for CPO and CIO’s activating digital transformations, in-house teams saddled with product debt and legacy systems, it’s for every product manager, product designer, or engineer looking to improve delivery with a proven methodology. It’s not theoretical. It’s tactical. It’s how we do it at Devbridge.



The Secret Source

This book covers the entire lifecycle of product development at Devbridge. It details how we successfully build digital products on a foundation of healthy metrics, delivery process, and technical maturity.



Podcast produced by Dragon Spears

As the CEO of 1871, an entrepreneurial hub of innovation, Betsy Ziegler is an expert in early-stage growth and helps businesses grow from an idea to the Fortune 500. For Betsy, one of the most important metrics for success is whether a business adheres to purpose-driven decision-making.

This week on Innovation and the Digital Enterprise, Betsy joins Patrick and Shelli to discuss how 1871 is supporting businesses throughout Chicago and what metrics she believes will help catapult organizations to higher levels of growth. Listen in for her insights.

ide_ep041_audiogram
  • (01:10) – The home for start-ups
  • (04:33) – Does it work?
  • (06:46) – Launch outside of gravity
  • (10:09) – Forty by forty
  • (14:23) – Purpose, ideas, and the maturity curve
  • (23:09) – Talking about change
  • (27:15) – Onboarding and mentorship
  • (38:48) – First dollar

Elizabeth “Betsy” Ziegler is the first female CEO of 1871, the number one private incubator in the world.

Previous to 1871, Betsy was the Chief Innovation Officer at the Kellogg School of Management, Northwestern University, responsible for portfolio innovation as well as integrating technology into the Kellogg educational experience. From 2011 through September 2015, she served as associate dean of degree programs and dean of students.

Prior to Kellogg, she served as a principal in McKinsey & Company’s Chicago office, where she led the firm’s Life Insurance Operations and Technology practice and co-led its Financial Institutions Operations and Technology practice.

Ziegler holds an M.B.A. from Harvard Business School and received a B.A. in economics from The Ohio State University, where she graduated with distinction. She is a member of Ann & Robert H. Lurie Children’s Hospital of Chicago, the Museum of Science and Industry Boards of Directors, and an advisor and investor in many young technology companies.

If you’d like to receive new episodes as they’re published, please subscribe to Innovation and the Digital Enterprise in Apple PodcastsGoogle PodcastsSpotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts. It really helps others find the show.

Originally published here.

After two weeks of hands-on workshops and exciting pitches, school is out for this year’s Campus 1871! From April 9-23, we joined our partner StateFarm to welcome a virtual classroom full of talented students from DePaul University, Northwestern University, University of Illinois Urbana-Champaign, and University of Chicago. From the Slack channel to the Zoom room, Campus 1871 was alive with an exciting energy as this incredible group of aspiring entrepreneurs learned, collaborated, and pitched their business ideas.

Following a warm welcome from our very own 1871 CEO Betsy Ziegler on April 9, we kicked off our full agenda of workshops and mentor meetings, where students learned the fundamentals of entrepreneurship from Chicago’s brightest business leaders. In the Entrepreneur 101 panel, participants dove head first into the startup world, as our panelists shared their experiences and called out the challenges they faced in their journey. 

Then, Co-Founder and CEO of Further Faster Design Ellie Bahrmasel led the What’s the Why workshop, where she explained how to articulate and validate the problem you’re setting out to solve by leading with why. Finally, we rounded out a productive first week with mentor office hours, where each team met with a 1871 community mentor to discuss and get feedback on their business idea.

In week two of Campus 1871, we tackled some of today’s most pressing topics in tech. On Monday, students joined in to listen to a panel on diversity in tech, where local business leaders and tech entrepreneurs discussed their experiences encountering unconscious bias in their startup careers and how they ways they’ve worked in their companies to combat it. From there, we explored how to use research and validation methods to better understand our customers, brand, and vision statement in our Validating Your Vision workshop. As the teams prepared to pitch their business ideas, VAG Productions Executive Producer Victoria Elena Nones led a fascinating workshop on how to perfect your pitch, where she discussed tangible lessons on building a pitch deck, telling a visual and informational story, and standing out in the big meeting. From here, our students were ready to shine at the final event.

Campus 1871 culminated on Friday, April 23 with our long-awaited pitch event. Throughout the program, participating students had been hard at work preparing to ace their pitch, and they didn’t disappoint! Our judges were blown away by all of the innovative ideas shared, and after a long and difficult decision, we found our winners. In second place was Team Logicgigpro, which consisted of Christopher Williams, Lauren McCarthy, Nathan Seiler, and Nikiya Price, and our first place winner went to Team Reusabowl, which consisted of Requel Young, Mudabbir Ahmed Tariq, Teagen Andrews, and Virginia Head!

Thank you again to all our star students and budding entrepreneurs who joined us for this year’s Campus 1871, and to our partner StateFarm for making this program possible! We can’t wait to see where these bright young men and women go next and what industry-disrupting businesses they build in the years to come!


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“Hi team, let’s all chat about something I’ve noticed.”

This is the voice and mindset of a steady yet transparent Software Tester ready to suggest an important amendment to the team’s process.

We (Quality Assurance) might be perceived by some as disrupting the process of “code to production” much like the “Farm-to-Table” concept when pointing out any issues during planning and execution. Software or Quality inspectors, if you will, must dissect (no pun intended) the code prior to reaching our consumers and debone the process to ensure all requirements – or in Agile terms, “user stories” – are met. An easy feat? Not at all. A necessary one? Yes! It is our eye for all things misaligned that is crucial to the quality of a product, even if that means incorporating a few extra steps with a side of constructive feedback.

Like many of you, I like to eat – and eat well. There is a very structured process to getting the food we love to our tables. However, if we want our food to maintain the highest standards, to be in season, organic and local, a farm-to-table process is best. Companies delivering software and wanting their customers highest approval will find that the adoption of Agile along with a strong QA is best. Like Farm-to-Table, the Agile process ensures all work is completed in-season (within a sprint). Who enforces or oversees this process within an Agile team? The answer to that question is the team. There are key roles we won’t define today, but the Quality Assurance Tester should always find themselves in process observation mode while testing. The tester should be empowered to let the team know when protocol has been broken or if adjustments are needed. An Olenick Quality Assurance Tester can be a very hybrid and all-consuming role. We are not only involved in the technical process, but we are well aware of every step necessary to achieving a successful end state. Let’s take a look at how two very different systems share similar operating behaviors in a quest for a very high-quality product:

Farm-to-Table and Agile Process Parallels

Raising the Animal or Harvesting Produce: Restaurants adopting true Farm-to-Table must find themselves working in-season with local farms. The relationship between farmers and chefs become very close as they work together. This could also mean menus may change regularly based on nature.

– vs –

User Stories (Requirements) and Team Dynamic: Organizations with teams delivering complex time sensitive software within an Agile process will find themselves working within an iteration or sprint: an agreed upon length of time to get the work completed. Teams composed of strong QA Engineers, Developers, Scrum Masters, and Requirements Gatherers will find themselves in a much closer relationship with the users much like the farmers and chefs. Due to this process and similar to the ever-changing menus, requirements could get updated or adjusted based on conversations or further research.

– and –

Picking the Produce and Processing the Meat: Produce must be handled with care, the less bruises the better quality. Also, time matters when preserving the nutrients of produce after it’s been harvested. This all takes place before it is packaged, boxed, and shipped to restaurants and stores. Meat must be processed and graded using a certain system in order to be classified as farm-to-table. The USDA certifies certain beef cuts and poultry grades.

– vs –

Development and Testing: Not exactly the same system but…sort of. Developers must remove or make changes to configurations in the database and implement code according to the standards laid out by the user stories. In this case, I like to think of the Tester as the USDA – strolling in with plastic gloves (or not, I personally would wear gloves) inspecting the very delicate work of the Engineer. The Tester would run every query related to the Developer’s configuration changes in the backend and analyze the actual results from processes performed in the newly implemented UI. It is at this time the Tester will grade what has been produced before it is distributed – or shall I say – deployed to production.

Farm-to-Table and the Agile process could be viewed as “trends”, “buzzwords,” or a “movement” which many organizations deem unnecessary. The reality is that Farm-to-Table was created because there was a need. People decided that food grown within their community with minimal transportation maintains more nutrition than processed food transported from afar. The Agile methodology was created to eliminate time to market by releasing smaller more pertinent changes to the customer which made expectations clear, a more stable product, and saved the company money. Prior to Agile, organizations worked on extensive software development projects that would fail to complete on time causing a huge hit to the budget. Both processes were created to fulfill a need and heighten the user experience by producing a product that leaves the customers feeling secure.

Every highly valued method demands an inspector to keep the process honest and product optimized. Olenick Quality Assurance Testers are the USDA for organizations looking to maintain or improve their software delivery process. Our QA Testers are multifaceted and equipped to protect the integrity of the software project. Olenick Quality Assurance Testers will uphold the standards of Agile, get involved in requirements early in the process, promote sustainability, and locate and find solutions for gaps in the process – all while making sure users receive a product of the highest quality within season.

This blog was originally posted here.

We’re proud to announce that DeliverEnd Founder & CEO Nick Turner was named the winner of our first ever Black Founder Pitch Competition! 

Our panel of business leaders and VC’s selected Nick from a competitive group of five founders during our finalist event on April 27, 2021. The judges had an incredibly difficult decision, but they were particularly blown away by Nick’s pitch, plan, and business idea to make online marketplace deliveries safe, secure, and convenient. In addition to the $10K cash prize, Nick also took home an additional $10K from Corazon Capital, $10K from LOUD Capital, and $5K from OCA Ventures for a total of $35K in total equity funding! 

In addition to our grand prize winner, our judges handed out additional equity funding to a number of the finalists, with $20K going to Cyber Pop-up Founder & CEO Christine Izuakor, $15K to LeagueSwype Founder & CEO Darius Grandberry, and $5K to QuirkChat Founder, CEO & Head of Product Bee Law. Our five finalists will also receive 6-months free virtual membership to 1871. 

While our finalists quickly got down to business, there was also plenty of time for some virtual fun, with our MC Trey White of of iHeartRadio and DJ Marcus setting the tone (and tunes) for the afternoon. Attendees were even treated to a special guest performance from the talented Montell Jordan, who had the entire Zoom room up on their feet and dancing to both his new music and the classic song “This Is How We Do It!”

The Black Founder Pitch Competition wouldn’t be possible without the help from our wonderful team of sponsors, so a special shoutout to Food  FoundryMolson CoorsWeber ShandwickWipfliShipBobCorazon CapitalHyde Park Venture PartnersLOUD CapitalOCA Ventures, and 7wireVentures for all of their support. 

Thank you again to our five incredible finalists and to everyone who joined us in cheering them on during their pitches! 

After careful deliberation, we’re proud to announce today the 5 founders who will be moving on to our finalist event

On April 19, 2021, we welcomed an incredible group of 20 founders to pitch their businesses at the semi-finalist event of the Black Founder Pitch Competition. We were overwhelmed by the brilliance and ingenuity of every pitch, and we thank everyone who took the time to share their passion projects. 

Our 5 finalists will return on April 27 to participate in  a virtual pitch to a panel of judges for a chance to receive up to $10,000 in cash and potential VC equity funding up to $50,000. Additionally, all finalists will receive a free virtual membership to 1871 for 6-months. 

Congratulations to the following finalists: 

Darius Grandberry, Founder & CEO of LeagueSwype

Robert Hatcher, Co-Founder & CEO of Aurign

Christine Izuakor, Founder & CEO of Cyber Pop-up

Bee Law, Founder, CEO & Head of Product of QuirkChat

Nick Turner, Founder & CEO of DeliverEnd

We hope you’ll join us in cheering on our top 5 finalists at our public and virtual finalist event on 4.27 from 3:00-5:00 PM CST

League Swype
Aurign
Cyber Pop-up
Quirk Chat
DeliverEnd

We received over 80 applications from qualified and innovative leaders across the country, and we’d like to thank everyone who took the time to share their business pitch. We’re thrilled to announce the list of the 20 founders chosen to advance to the semi-finals of our Black Founder Pitch Competition

Congratulations to the following semi-finalists: 

Robert Hatcher, Co-Founder & CEO of Aurign

Tatiana Rice, Founder & CEO of BlkArthouse, LLC

Adam Wisniewski, Founder of Carent

Christine Izuakor, Founder & CEO of Cyber Pop-up

Nick Turner, Founder & CEO of DeliverEnd

Jeff Osuji, Co-Founder & CEO of Eventnoire

Adam Jones, Co-Founder, CEO & CTO of FanFest

Art Williams, Co-Founder & CTO of Innovative School Tools LLC

Darius Grandberry, Founder & CEO of LeagueSwype

Marvin Labranche, Co-Founder of LeveledPro

Confidence Udegbue, Founder & CMO of Liquid Confidence

Malik Jackson, Co-Founder & CEO of Menububble

Reginald Parker, Founder & CEO of Optimal Technology Corporation

Georgiana Wright, Founder & CEO of PaperAI

Chisa Egbelu, Co-Founder & CEO of PeduL

Bee Law, Founder, CEO & Head of Product of QuirkChat

Brittany Harris, Founder & CEO of RootedSol

Yamillet Payano, Co-Founder & COO of Sign-Speak

Lisa Love, Co-Founder & CMO of Tanoshi

Shante Frazier, Founder of WellCapped

The semi-final round will be held virtually (closed to the public) on Monday, April 19th from 3:00-7:00 PM CST. The competition will conclude with a finalist event on Tuesday, April 27 from 3:00-5:00 PM CST, where the top 5 finalists will participate in a public virtual pitch to a panel of judges consisting of business leaders and major VC’s in our network. Join us!

Congratulations again to our semi-finalists and good luck! 

CONTACT

J Blaszczykiewicz
Director of Marketing, 1871
j@1871.com

1871 and Hub88 join forces to drive collective acceleration for early-stage founders, growth stage businesses, and corporate innovators across the Illinois region. 

CHICAGO (April 6th) —

1871 and hub88 announced today that they have entered into a binding agreement pursuant to which hub88’s intellectual property assets and programs will be acquired by and integrated into 1871. This integration will further strengthen 1871’s support for members across the entire business maturity curve and expand its physical footprint in Chicago’s Western suburbs. 

Rooted in a commitment to drive economic growth throughout Illinois, 1871 and hub88 are naturally aligned in their mission, vision, and values. Both organizations proudly serve as convenors of innovation and entrepreneurship in the region and dedicated partners in the state’s tech community.

With a strong virtual presence and resources at Nokia’s campus in Naperville, hub88 empowers entrepreneurs and corporate intrapreneurs to discover, and test emerging technologies and services, with a focus on innovative technologies such as 5G and LTE networking, drones, and beyond. As a result of today’s announcement, 1871 will assume operation of the hub88 space and continue its emerging tech endeavors and offerings such as their tech talks, Drone Interest Group and private 5G/LTE, carrier-grade communications lab. 1871 will also continue to support one of hub88’s core missions, which is to inspire and support the next generation of innovators. 

“1871 is guided by the understanding that important ideas come from every corner of the Chicagoland area,” said Larry Eppley, Chairman of 1871 and Managing Partner of Sheppard Mullin’s Chicago office. “hub88 has a history of bringing together talented tech leaders from Chicago’s Western suburbs, and we’re signaling with this move our commitment that location will not be a barrier to accessing 1871’s wide network of support.”

In integrating hub88 into the 1871 community, members will have the opportunity to access 1871 benefits both virtually and at the downtown Chicago and Naperville locations, as well as the deeply technical expertise, programming, and capabilities hub88 offers. This acquisition will also incorporate a keen specialty in emerging technology into 1871’s core operations and build upon recent moves. In February 2021, 1871 joined forces with Catapult Chicago to introduce its peer-selected and community-driven structure into the “Catapult” stage of 1871’s PYROS curriculum, designed specifically for experienced, early-stage members. In February 2020, 1871 combined with the Illinois Technology Association (ITA), extending its services to the growth stage businesses and across the entire business maturity curve. 

Matthew O’Sullivan, Chairman of the hub88 Board of Directors, said, “We are thrilled to be integrating into the 1871 organization. Our ecosystem of entrepreneurs, corporate innovators, and STEM educators will benefit from 1871’s internationally recognized programs and management team. 1871 will benefit from its expanded reach and relevance in the Illinois I-88 tech corridor and the hub88 Naperville location in the historic innovation center of Nokia/Bell Labs, along with the deep tech focus that it brings. I want to thank all of the hub88 members, volunteers, and sponsors that built an organization that is a desirable addition to the world’s top innovation center, 1871.”

Founded in 2018, hub88 is an integral advocate for entrepreneurs in Chicago’s Western suburbs. 1871 is honored to carry on the hub88 legacy of technological innovation and education by amplifying its reach and resonance across a wider network. 

“When we launched hub88 in 2018, it was our dream for start-up companies and other entrepreneurs in the western suburbs to have a high-quality resource to develop and commercialize their products and services,” said Kenn Miller, founding Chairman of hub88 Board of Directors. “I could not have asked for a better outcome for our community and hard-working team to join forces with 1871 and bring its programming and services to support the hub88 community. We are proud to be able to provide added value to the already successful and established 1871 community.”

“At 1871, we firmly believe in the transformative power of “and,” that as a unified organization we can accelerate our members’ journeys across the maturity curve and embrace a deep technical focus in our programming, our physical spaces, and across the broader community,” said Betsy Ziegler, CEO of 1871. “This is a remarkable opportunity to better support our members and expand our collective reach across Illinois and the greater Midwest. We are excited to welcome hub88’s innovators and university partners into the 1871 community.”

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About 1871

1871 is Chicago’s technology hub and the #1 ranked private business incubator in the world. It exists to inspire, equip, and support early stage, growth scalers and innovators in building extraordinary businesses. 1871 is home to ~450 technology startups, ~300 growth stage companies, and ~1,500 members, and is supported by an entire ecosystem focused on accelerating their growth and creating jobs in the Chicagoland area. The member experience includes virtual and in person access to workshops, events, mentorship, and more. The nonprofit organization has 350 mentors available to its members, alongside access to more than 100 partner corporations, universities, education programs, accelerators, venture funds and others. Since its inception in 2012, more than 650 alumni companies are currently still active, have created over 11,000 jobs, and have raised more than $1.65 billion in follow-on capital.

About hub88

hub88 is a northern Illinois technology accelerator that integrates the regional commercial, education, and entrepreneurial communities to discover, test and commercialize emerging technologies and services. hub88 offers business development resources, entrepreneur mentoring and networking assistance, and engaging programs to connect our community with subject matter experts. Since inception in 2018, hub88 has launched its 5G testing Communications Lab, Drone Interest Group, and numerous programs reaching over 1,000 community members coming from over 400 companies and organizations. The hub88 monthly TechTalk series garners praise for its breadth of subjects and quality of panelists. hub88 subject matter experts and mentors have assisted companies with startup and growth advice, accelerating 5G/LTE wireless, IoT, drone, medical device and autonomous vehicle technologies. In addition, hub88 supports the next generation of innovators with its camps and STEM workshops as well as facilitating internships for students from Illinois universities.

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Hub88

If your business has been looking for ways to start using artificial intelligence (AI) in your marketing, one channel you’ve likely considered is email.

Most businesses rely heavily on email as part of their sales and marketing strategy, and as Google phases out third-party cookies, the need for a strong contact database and an effective email program will only intensify.

Email tends to be a central channel for our clients, and it’s important for us as well, so it was top of mind as we considered new ways to incorporate AI into our toolkit.

After doing our research and comparing options, we recently onboarded an AI-based email marketing optimization tool called Seventh Sense, which uses machine learning to personalize email delivery times and, ultimately, increase open and click rates.

If you’re interested in a manageable, cost-effective technology that can get you started with AI-based email marketing, read on.

The Case for Optimizing Send Times with AI

I’m not sure how many times I’ve searched for the “best days/times to send email for [insert industry],” but it’s too many. Do the search yourself and you’ll find the answers to be an unhelpful mix of “it depends,” “Tuesdays at 10am” or “definitely NOT Tuesdays at 10am.”

Good stuff!

Advice on suggested send times will ultimately hedge its bets with some obvious common sense: the best way to optimize for send time is by conducting tests and analyzing your contacts’ engagement to see when they tend to open and click emails.

This is true, but there are a few problems with this, namely:

  • Humans aren’t great at this kind of analysis
  • You have other time-sensitive stuff to do
  • Your database is constantly changing
  • There’s always the remote possibility that your database is not one homogenous block of people who all like reading their emails on the same days at the same times

So, what’s an email marketer to do?

Enter Artificial Intelligence

While humans may not be great at it, testing, analyzing and optimizing email engagement using data is exactly the type of task AI is suited for.

If we could improve email performance while freeing up the time that would go to manually testing and analyzing engagement trends for more strategic work, it’d be a clear win. And we could stop doing searches for the latest on the best days/times to send emails.

Of course, send time optimization is just one application of many within the AI-based email marketing category. For example, there are tools like Phrasee and Persado that use AI to craft and test different email subject lines and copy variants based on engagement data. The list is growing fast.

While we’ve got our eyes on some other tools in the market, for now we’re keeping the copywriting in human hands while we test AI on send time optimization.

About Seventh Sense

Seventh Sense struck us as a good fit because, in addition to having the features we were looking for and overwhelmingly positive customer reviews, the platform is built to optimize email delivery for HubSpot and Marketo. As a HubSpot agency partner, many of our clients use the platform for marketing and sales emails.

By integrating with HubSpot, Seventh Sense analyzes your contacts and their engagement to personalize and predict when they are most likely to read your email. Using machine learning, the tool continually tests and analyzes engagement data so that over time, open and click rates increases, your sender score improves and you get more results from your email campaigns.

Read the full article here.

As many of our clients know, the employment-based Green Card process can take years. Because of the lengthiness of this process, things often change between the initial PERM filing date and the time when the priority date is finally current. In particular, changing jobs or employers can have a significant impact on Green Card processing. This article will explain some common scenarios pertaining to employer changes, with an emphasis on timing considerations and maintenance of status issues for H-1B holders.

Employer Change after I-140 Approval Stage / I-485 Not Yet Filed:

Under the 2017 Final Rule (“Retention of EB-1, EB-2, and EB-3 Immigrant Workers and Program Improvements Affecting High-Skilled Nonimmigrant Workers”), the beneficiary of an approved I-140 may retain its priority date even if the employer later withdraws it. However, the timing matters. The priority date may only be retained if the I-140 is withdrawn 180 days or more after the approval date.

Therefore, if you are in the Green Card process and you change employers after the I-140 has been approved for 180 days or longer, you can retain your priority date and continue the Green Card process with your new employer. The new employer will have to file a PERM and a new I-140, but the priority date on the new I-140 would be the same as the previous I-140, since it can be retained in these circumstances.

Employer Change after I-140 Approval, I-485 Pending Stage:

In the past, changing jobs or employers after I-140 approval while the I-485 was already pending meant that the foreign worker had to obtain a new I-140 and start the process again (although the priority date could usually be ported). The 2017 Final Rule clarified some of the AC-21 provisions and permits Green Card applicants who change jobs/employers to continue to use their previously approved I-140 petition, as long as their I-485 application has been pending for at least 180 days and the new job is in the same or similar occupational classification as the job on the approved I-140. In this scenario, the I-485 applicant will simply have to include a Form I-485 Supplemental J with supporting evidence that the new job meets the portability requirements (rather than obtain a new I-140 approval). Sometimes USCIS will issue a Request for Evidence for the Supplemental J during the pendency of the application. Otherwise, the applicant will just bring it to the I-485 interview date.

Employer Change after I-140 Approval, I-485 Not Yet Filed, but Priority Date is Current:

An interesting situation can arise where you have changed employers after I-140 approval, prior to I-485 filing, but yet to start the process with your new employer. This is particularly complex if you are working on an H-1B visa and your priority date becomes current.

Under AC-21, an H-1B employee can continue to extend H-1B status beyond the 6-year maximum in three-year increments if they are the beneficiary of an approved I-140 and a visa is not available to the beneficiary at the time of filing the H-1B (meaning the priority date is not yet current).

There is another exception under AC-21, which allows you to extend H-1B status beyond the 6-year maximum, in one-year increments, if the I-485 has been filed and remains pending. To qualify for the lengthy adjudication delay exemption, the I-485 must have been filed within one year of the priority date being current.

The problem arises when an H-1B holder has an approved I-140 and their I-485 has not yet been filed, even though their priority date is current. This arises most often where the employee has changed employers but not yet started the PERM and I-140 process with the new employer. In these instances, USCIS can deny the H-1B on the basis that neither of the above explained exceptions apply. This is important to bear in mind, as the timing of the change in employers can affect not only your Green Card process, but also your H-1B status.

If you think your priority date will soon be current and you need to extend your H-1B status beyond the 6-year maximum, this is something to bear in mind when making decisions about changing jobs. In this scenario, it may be best to avoid changing employers until after the I-485 is filed, when you can simply submit a Supplemental J rather than start the process all over. When changing employers, it is important to consider not only your Green Card process, but also impacts on your H-1B status.

Conclusion:

In sum, employment-based Green Card processing can be particularly complex and confusing. The lengthy process means often applicants will experience job and employer changes during this time (some voluntary, some beyond their control), adding to the complexity. ILBSG strongly encourages clients to always seek counsel before making these kinds of decisions, to avoid any issues down the road.

If you have questions about employment-based Green Card processing, H-1B implications, or employer changes, please reach out to an ILBSG attorney today.

Originally published here.