Berkonomics

JUNE 8, 2017

Email readers, continue here…] Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally-generated funds. And even with the significant cost of credit card debt, many entrepreneurs aggressively use existing cards to finance a startup.

Venture Capital 266

Venture Capital Class Invest Equity 266

Berkonomics

FEBRUARY 14, 2019

Do they bet on the entrepreneur (jockey) or the business idea and plan (the horse)? My answer always varies as I examine each deal, sometimes deferring and passing on an investment because of an uneasy feeling about the entrepreneur, even if the business plan seems able to capture the market. Concentrate on a world class team.

Venture Capital 120

Venture Capital Entrepreneur Ideas Summary 120

Berkonomics

FEBRUARY 14, 2019

Do they bet on the entrepreneur (jockey) or the business idea and plan (the horse)? My answer always varies as I examine each deal, sometimes deferring and passing on an investment because of an uneasy feeling about the entrepreneur, even if the business plan seems able to capture the market. Concentrate on a world class team.

Venture Capital 120

Venture Capital Entrepreneur Ideas Summary 120

Berkonomics

MAY 27, 2021

They protect the company by overseeing the expenditure of company money for expansion, acquisitions, purchases of large assets, hiring of senior management and more. The average board for a company taking outside investment money is five. Well, how many should be on my board?

Resource 156

Resource Acquisition Class Help 156

Berkonomics

JULY 5, 2018

Most businesses fall into the class of those that can be sold someday to a willing buyer. Accepting venture or angel money is to create a contract between the investors and the entrepreneur that the business will someday be sold or even go public to create an exit for the investors. And I’d go further.

Class 226

Class Email Competition Entrepreneur 226

Berkonomics

FEBRUARY 20, 2014

Investors have to look behind the plan and at the entrepreneur and his or her team, knowing that, over time, most of us have come to the conclusion that it is the execution of the ever-changing plan, not the plan itself that makes a company a success. Email readers, continue here.] Anyone can build a good – or great – plan.

Startup 245

Startup Summary Metrics Class 245

Both Sides of the Table

NOVEMBER 5, 2012

I use George Bush vs. Al Gore as allegory and I’ve been using it with entrepreneurs for years to sink in a simple point about how to communicate with the market. You imagined him as the kid in your class at school at the front of the room raising his hand at every question and saying, “Oooh, me. It is election season.

Entrepreneur 370

Entrepreneur Startup Press Venture Capital 370

Berkonomics

NOVEMBER 25, 2021

Is there a market for your class of product at all? Market risk is constant and should be of greatest concern to any executive or entrepreneur. Competitors have a field day when hearing about cash problems at a company; and the rumors they pass on can reverberate for months or longer after the problem is solved.

Competition 156

Competition Marketing Class Product 156

InfoChachkie

SEPTEMBER 19, 2012

I thought this post might be of interest to some of my readers, as it offers a glimpse into my approach to teaching entrepreneurship. . Design together, the course that introduced the idea for brightblu, they were concurrently taking three other classes: Entrepreneurship, Entrepreneurial Marketing and Art of the CEO.

Class 231

Class Startup Santa Barbara RSS 231

Berkonomics

SEPTEMBER 18, 2014

My favorite example of a world class pivot comes from the CEO and board of one of my most successful investments. Green Dot Corporation was formed by an entrepreneur in the year 2000 to create a product to permit those without credit cards to purchase items on the Internet. Finding your ideal niche Positioning'

Class 176

Class Resource Email Examples 176

Berkonomics

APRIL 4, 2019

Every investor wants regular information from companies taking their money. And most of us investors are frustrated by the lack of regular communication – unless of course – the company needs more money. First, let’s cover the absolute minimum legal requirement a company must provide to its investors.

Class 120

Class Course Report Competition 120

socalTECH

JUNE 20, 2012

We caught up with Sam Teller , who is directing efforts at the accelerator, to help fill entrepreneurs in on where the program fits in the world of technology and startup acceleration. For readers, LaunchpadLA is all about? It was really just something built for the community to help support entrepreneurs.

Class 261

Class Mentor Startup Santa Monica 261

Berkonomics

DECEMBER 13, 2018

Too many startup businesses, especially in the technology world, are built upon brand new concepts that have not yet been proven in the field against products from other companies that already have revenues flowing. A valuable lesson from aviation for entrepreneurs. A story of a company that couldn’t see far enough ahead.

Marketing 120

Marketing Class Startup Research 120

Berkonomics

DECEMBER 13, 2018

Too many startup businesses, especially in the technology world, are built upon brand new concepts that have not yet been proven in the field against products from other companies that already have revenues flowing. A valuable lesson from aviation for entrepreneurs. A story of a company that couldn’t see far enough ahead.

Marketing 120

Marketing Class Startup Research 120

socalTECH

DECEMBER 26, 2019

Every year, at the end of the year, we share some reflections on the past year from our readers, entrepreneurs, venture capitalists, sponsors, and others in the local technology community. What was the biggest news for you/your company this year? We'll be featuring contributions all through the holiday season.

Southern California 100

Southern California News Platform Class 100

Berkonomics

JUNE 12, 2014

It is rare when one person starts a company, supplies all the funding, and shares no management tasks or equity with others, and still grows the company to any significant size, worthy of a multi-million dollar opportunity to cash out at exit. Email readers, continue here.]

Startup 214

Startup Equity Invest Class 214

Berkonomics

JANUARY 6, 2022

First, the marginal exit event: Sometimes the end game or sale of the company is not a happy event for the early investors, including the entrepreneur or the founders. Promissory notes come before any equity, and most late equity investments come before early equity investments, even of the same class of security.

Venture Capital 156

Venture Capital Sales Pricing Equity 156

Berkonomics

APRIL 13, 2017

Conversely, a fast-growing industry lifts most all good participants, making excellent companies excel even more and grow even faster, like a small plane flying at 150 knots with a 75-knot tailwind. Email readers, continue here…] Can you dominate that market? Do you have a world-class management team?

Patents 291

Patents Pricing Ideas Marketing 291

InfoChachkie

JULY 14, 2009

“You are forty, out of a job, a newlywed, your wife is expecting a baby, you don’t own your own home, you have no specialized qualifications, the only company you ever launched went bankrupt and you have just been sentenced to one year in jail.”. Hint: He was an entrepreneur. The same is true of entrepreneurs.

Entrepreneur 153

Entrepreneur Ideas Writing Startup 153

Berkonomics

JUNE 17, 2011

Most businesses fall into the class of those that can be sold someday to a willing buyer. Accepting venture or angel money is to create a contract between the investors and the entrepreneur that the business will someday be sold or even go public to create an exit for the investors. Email readers continue here.]

Equity 209

Equity Class Email Competition 209

socalTECH

NOVEMBER 19, 2015

We've attempted to do that for the last three years, trying to ferret out exactly who the people--not companies--are to watch in the region's technology industry. Here are this year's winners, along with the companies they are associated with: Brett Bouttier , AwesomenessTV. Joe Huff and Bridget Hilton , LSTN Sound Company.

SoCalTech 100

SoCalTech Lootcrate Southern California Snapchat 100

InfoChachkie

SEPTEMBER 28, 2011

I even plan to use it in my upcoming UC Santa Barbara Entrepreneurial Selling class. I began our discussion by asking Guy, “Why should entrepreneurs read your latest book, Enchantment?”. The reason why an entrepreneur should be interested in this book is because entrepreneurs have to overcome resistance.

Santa Barbara 262

Santa Barbara Technical Review Social Media Startup 262

Berkonomics

NOVEMBER 7, 2013

entrepreneur” and by Forbes as “New York’s Archangel”, David is a former Inc. 500 CEO, serial entrepreneur and the founder of New York Angels. collaborate with over 250,000 entrepreneurs in 95 countries. collaborate with over 250,000 entrepreneurs in 95 countries. By David S. Steve Jobs or Steve Wozniak?

Startup 189

Startup Sales Ideas Entrepreneur 189

InfoChachkie

JULY 21, 2011

We help companies reward their employees with perks. Perks are one of the most cost effective ways for a company to recruit and retain employees. 5) When I interviewed people at my past startups, I rejected them if they asked me about our dental plan, as true entrepreneurs don’t care about such pedestrian benefits.

Summary 246

Summary Tips Sales Entrepreneur 246

Both Sides of the Table

FEBRUARY 27, 2010

In my bones I’m convinced that entrepreneurs are more nature than nurture although I know both are involved. I have recently written extensively on what I believe the 12 characteristics of an entrepreneur are. Entrepreneurs aren’t born, they’re made.&# The data in this article is at best, a stretch.

Startup 289

Startup Statistics Entrepreneur Study 289

Berkonomics

JUNE 18, 2015

Is there a market for your class of product at all? Market risk is constant and should be of greatest concern to any executive or entrepreneur. Email readers, continue here…] Second is product risk. Fifth is execution risk, which is squarely on management to perform, to take the company to and beyond profitability.

Competition 120

Competition Marketing Class Product 120

Berkonomics

JANUARY 20, 2010

Email readers continue here.]. Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally-generated funds. And even with the significant cost of credit card debt, many entrepreneurs aggressively use existing cards to finance a startup.

Venture Capital 174

Venture Capital Invest Class Entrepreneur 174

Berkonomics

OCTOBER 1, 2015

Sometimes the end game or sale of the company is not a happy event for the early investors, including the entrepreneur or the founders. Promissory notes come before any equity, and most late equity investments come before early equity investments, even of the same class of security.

Angel 120

Angel Sales Pricing Equity 120

InfoChachkie

DECEMBER 10, 2012

The innocuous post, which was simply titled " Divshot " generated over 110 comments and was awarded nearly 200 points by Hacker News' notoriously jaded readers. The team subsequently earned a coveted position in Launchpad LA's current accelerator class after winning the Crowdstart LA competition. For us, the audience was perfect.

News 198

News Sites Startup RSS 198

socalTECH

MAY 7, 2010

SciVee recently inked a major deal with Thomson Reuters, and Marc tells us a bit about that deal as well as the company's business. That helps the reader figure out what are the key elements of the research, and whether the reader wants to spend more time digging into the article. How did you get involved in the company?

Journal 124

Journal Technical Review UCSD Web 124

InfoChachkie

APRIL 29, 2013

How can you protect your company''s reputation when a rouge customer unjustly flames your startup? In searching for world-class examples of public responses to irate customers'' complaints, I found one that emanated from an unlikely place, Savusavu, Fiji. Left unattended, such attacks are detrimental.

Social Media 213

Social Media Customer Custom Media 213

Both Sides of the Table

AUGUST 18, 2010

I know that would be surprising to many readers since keeping a blog somehow convinces people that I’m a time management or productivity ninja. I wrote out 3 pages of bullet point notes on paper and delivered a 20-minute speech to a crowd of entrepreneurs (which included the Minister of Technology for China). I’m not.

Slides 374

Slides Email Entrepreneur Startup 374

Tech Zulu Event

MAY 20, 2014

myLINGO is the first product of her company Oladas, Inc., Just 20 years old and a recent Harvard University dropout, Olenka provided insight into her transition to Los Angeles, life as an entrepreneur, and how she’s passionate about helping non-English speakers see American movies in their own native language.

Startup 91

Startup Entertainment CTO Coach Screening 91

Both Sides of the Table

JANUARY 14, 2014

It’s why the first company I ever invested in as a VC – Invoca – just announced a $20 million funding by Accel Partners. It’s why opt-in marketing databases can be so incredibly valuable for companies like Gilt Groupe, One King’s Lane and AdoreMe. Much more data in the full post. PHONE CALLS.

Email 339

Email SaaS Venture Capital Google 339

Both Sides of the Table

JULY 25, 2010

I recently read a book I’d highly recommend to every reader of this blog called “ Yes, 50 Scientifically Proven Ways to be Persuasive &# by Robert B. Any SoCal entrepreneur raising early-stage money should put Rincon on their short list. John gave me the book after I spoke at his entrepreneurship class at UCSB.

Guide 293

Guide Funding Venture Capital Technical Review 293

Both Sides of the Table

AUGUST 14, 2011

I was recently approached by Fast Company to comment on “crisis management&# at startups in the wake of the Airbnb “ranksackgate&# story. I agreed to do the interview because the story was about what other companies can learn rather than about airbnb in particular. What are the teachable moments? Never Blame the Press.

Startup 329

Startup Press Training Media 329

InfoChachkie

FEBRUARY 24, 2011

Seth attended UCSB but dropped out to start a denim company. . Your team operates out of a barn on your idyllic, coastal property, yet you have created a world-class product. Do you have any advice for emerging entrepreneurs regarding how they can be frugal without compromising their company’s value prop?

Startup 233

Startup Design Mobile Social Network 233