Berkonomics

MAY 11, 2017

As a professional investor in early stage companies, I have long discounted long, detailed business plans in favor of a concise “executive summary” followed by a believable spreadsheet-based financial forecast projecting three to five years into the future. Write these steps down in any form for now.

Summary 243

Summary Resource Writing Email 243

TechCrunch LA

OCTOBER 21, 2021

Netflix employees staged a walkout yesterday in response to the company’s handling of a Dave Chappelle special that premiered on October 5. But Sarandos doubled down on his defense of the special, writing an internal email that “content on screen doesn’t directly translate to real-world harm.”

Netflix 300

Netflix Demand Content Hollywood 300

Startup Professionals Musings

MAY 16, 2012

Don’t waste your resources on the wrong ones. The first step toward a business with any idea is to write it down, and build a business plan around it. Companies at this stage must have a large market, good traction, and be focused on scaling infrastructure and market adoption. Growth and exit stage.

Resource 94

Resource Startup Organization Incubator 94

Startup Professionals Musings

SEPTEMBER 23, 2020

In fact, I think the evidence is clear that many entrepreneurs started their journey while still in college, and capitalized on all the resources there, before moving on: Extend your technology focus with business basics. Write a business plan and pitch deck for learning. Initiate networking to find peer partners and investors.

Entrepreneur 157

Entrepreneur Mentor Class Resource 157

Berkonomics

MARCH 5, 2020

In the creation of a young company, there are five principal risks to be addressed by the entrepreneur. This risk can be mitigated by finding a customer willing to purchase as soon as a proven model is completed, and willing to state this in writing. Why five risks? Fourth: Financial risk. . And fifth: Competitive risk. .

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Startup Professionals Musings

JULY 5, 2023

Don’t waste your resources on the wrong ones. The first step toward a business with any idea is to write it down, and build a business plan around it. Companies at this stage must have a large market, good traction, and be focused on scaling infrastructure and market adoption. Growth and exit stage.

Startup 122

Startup Funding Organization Incubator 122

Startup Professionals Musings

AUGUST 26, 2022

Most business advisors I know will say that writing a business plan is the first step to starting your own business, but I believe that a better first step is to do a self-analysis of your real drivers, strengths, and assumptions before committing to this lifestyle. Assess your own resources as well as funding sources.

Social Media 105

Social Media Writing Ideas Resource 105

Startup Professionals Musings

JUNE 25, 2022

Usually that means writing something down, since it’s hard to maintain something, or track yourself against it, if it’s not written down. Do you believe that you have an idea for a company that you can implement better than anyone, and maintain a competitive advantage? Providing minimal resources. Right idea at the right time.

Startup 115

Startup Resource Training Ideas 115

socalTECH

AUGUST 30, 2016

Rob Wiltbank and Professor Wade Brooks for Willamette University and the Angel Resource Institute (ARI). The company said the highest returns have been two companies with a 110x return, and another at 70x. in active investments. The TCA said that compared favorably with the 2.5x average of all angels. READ MORE>>.

Tech Coast Angels 133

Tech Coast Angels Angel Truecar Southern California 133

Startup Professionals Musings

APRIL 29, 2023

Even artisan-based services, like graphic design and writing good ad copy, have innovative processes and principles. Be accessible on social media, write a blog or articles for industry publications, and participate in conference panels and speaking engagements. Capture your “secret sauce.” Start with a service you know and love.

Startup 111

Startup Training Services Writing 111

TechCrunch LA

APRIL 23, 2020

There’s also a relatively modest request (of only $4 billion) for funding devoted to pilot projects, startup companies, and public clean technology investment initiatives (like LACI). “ This will also help dealerships increase sales and bring needed sales tax revenues to local and state governments,” Peterson writes.

Southern California 261

Southern California Los Angeles Incubator Rosemead 261

Berkonomics

NOVEMBER 9, 2017

So, aiming a brand-new smartphone full of great features but increased complexity using AARP Magazine as your marketing resource just won’t get the job done. Where else are consumers going to find your product, if no one else is offering it or if other companies offer it, but haven’t found the right niche audience? Of course not.

Marketing 266

Marketing Resource Advertising Social Media 266

Startup Professionals Musings

AUGUST 3, 2020

Even artisan-based services, like graphic design and writing good ad copy, have innovative processes and principles. Be accessible on social media, write a blog or articles for industry publications, and participate in conference panels and speaking engagements. Capture your “secret sauce.” Start with a service you know and love.

Startup 174

Startup Training Services Writing 174

Berkonomics

MARCH 14, 2019

Of course, we are speaking of increased valuation of your company when we speak of “wealth.” This risk can be mitigated by finding a customer willing to purchase as soon as a proven model is completed, and willing to state this in writing. So, let’s examine them and mitigate them. Make you wealthy someday. The carrot and the stick.

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Berkonomics

JUNE 29, 2017

If you have been following our recent insights, you’ll be up to speed knowing that professional investors negotiate tough terms, from provisions of control over asset acquisition, eventual sale of the company, future investments, forced co-sale when others attempt to sell their shares and more. Trust works both ways.

Invest 243

Invest Entrepreneur Sales Startup 243

Inverted Software

AUGUST 9, 2021

“I hired a software development company from India. They outbide all the US based companies I contacted and offered developers at a cheap price. What differentiate truly enterprise systems from the pile of mediocre code our potential customer have received from the cheap Indian company they hired, hoping to save a few pennies?

Software 105

Software Writing Framework Screening 105

Both Sides of the Table

APRIL 10, 2014

One of the interesting things about being a VC is that you often see companies in transition. If you’re an early investor like I am that often means writing the first $2-3 million check into a business that previously had either survived on fumes or on a $500,000 angel round. Act your stage. Other B-round scaling issues?

Startup 381

Startup Resource Venture Capital Activity 381

TechCrunch LA

OCTOBER 16, 2019

The idea is to put women with check-writing abilities, typically partners and general partners, together in groups with newer VCs, typically with an associate or principal title, paired together. The two All Raise members now sit on the company’s board of directors. Currently, All Raise manages 14 active cohorts made up of 175 women.

Venture Capital 184

Venture Capital Los Angeles Ideas Tool 184

Berkonomics

FEBRUARY 24, 2022

So the lion recruited a cockroach who had extensive experience as a supervisor and who was famous for writing excellent reports. He also needed a secretary to help him write and type his reports. Just add more ants, hopefully as resourceful as the first? Guess who the lion fired first? So the lesson is obvious.

Course 156

Course Writing Report Startup 156

Startup Professionals Musings

JANUARY 16, 2023

If you can’t write it down, you probably don’t understand it. Be a great resource for others. Writing, audios, and videos are all great ways to do this, since these all facilitate the one-to-many multiplier. You have to clearly understand what you want to achieve before you are likely to achieve it. Marty Zwilling.

Social Media 94

Social Media Media Ideas Writing 94

Startup Professionals Musings

JANUARY 8, 2023

Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe. It’s easy to find companies in certain countries that will quote cost reductions up to 75 percent. The same applies to manufacturing and almost any process these days.

Software Review 114

Software Review Technical Review Outsource Development Outsource 114

Both Sides of the Table

OCTOBER 17, 2019

The first check I wrote was just over 10 years ago into a company called Invoca who just announced a new $56 million in funding led by Scott Hilleboe at HIG Growth Partners. Ownership Matters At Upfront we focus our energy on fewer companies where we take meaningful ownership and we continue to invest throughout the lifecycle of the company.

Venture Capital 223

Venture Capital IP Startup Google 223

Startup Professionals Musings

SEPTEMBER 18, 2019

Usually that means writing something down, since it’s hard to maintain something, or track yourself against it, if it’s not written down. Do you believe that you have an idea for a company that you can implement better than anyone, and maintain a competitive advantage? Providing minimal resources. Right idea at the right time.

Startup 94

Startup Resource Training Ideas 94

Berkonomics

MARCH 15, 2012

This risk can be mitigated by finding a customer willing to purchase as soon as a proven model is completed, and willing to state this in writing. Another is to gain the support of a core vendor who is willing to offer special extended terms to the company as its investment in creating the product in a finished state.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Both Sides of the Table

JULY 4, 2016

Nowhere is this more apparent than working in a startup where you are definitionally under-resourced and trying to make big accomplishments in compressed periods of time. I try to steer entrepreneurs away from over-introducers and I often find myself wanting to be careful about them becoming an investor in companies I back.

Innocal 255

Innocal Conference Help Study 255

Both Sides of the Table

OCTOBER 26, 2014

Yesterday I wrote a post about The Silent Benefits of PR in which I pointed out that most young companies I encounter don’t fully grasp the benefits of PR because they are less measurable than product milestones or customer acquisition analyses (like CAC/LTV). In a startup this is a mistake. I opt for the latter usually.

Press 319

Press Startup Writing Training 319

Startup Professionals Musings

JANUARY 19, 2012

The result is a host of hiring mistakes that sink many young companies, or take years to fix. A key success element is to start by avoiding the known list of interviewing and hiring mistakes that have been documented many times over by human resources professionals. I didn’t have time to read the resume, but he has great answers.”

Company 94

Company Companies Startup Statistics 94

Startup Professionals Musings

JANUARY 23, 2019

Even if it’s only a few PowerPoint slides or typed paragraphs, writing something down is the first step toward making it real. Always write in the future tense, what you will do, and name yourself as the key person responsible. The best are determined to do one thing well, rather than many things poorly, with limited resources.

Ideas 99

Ideas Slides Writing Startup 99

Startup Professionals Musings

APRIL 22, 2020

If you can’t write it down, you probably don’t understand it. Be a great resource for others. Writing, audios, and videos are all great ways to do this, since these all facilitate the one-to-many multiplier. You have to clearly understand what you want to achieve before you are likely to achieve it. Marty Zwilling.

Social Media 126

Social Media Media Ideas Writing 126

Startup Professionals Musings

AUGUST 7, 2021

Especially for entrepreneurs who have not built and sold companies before, and need this startup to be an attractive acquisition or IPO target in a few years, I can’t think of a better way to enlist outside experts and keep them motivated to help you meet the challenges of a startup. Size does matter. Fail to establish adequate structure.

Startup 145

Startup Entrepreneur Mentor Writing 145

Startup Professionals Musings

JANUARY 14, 2022

Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, costs, and tasks you don’t like. In a moment of crisis, you may be tempted to take on the first person expressing interest as a co-founder. Avoid ‘whirlwind’ business partnerships.

Startup 140

Startup Satisfaction Writing Entrepreneur 140

Both Sides of the Table

JUNE 22, 2018

I’ve had this at times in dealing with big companies like Facebook and Apple where we realized that going against the machine was going to be counter-productive. Back when I ran my first company I fought a lot. My scarcest resource was time and it was important to put my time against the most productive activities.

Startup 199

Startup Writing Demand Equity 199

Both Sides of the Table

MARCH 8, 2010

I recently wrote a piece for Mashable on how to create a company blog. Don’t just write a carbon copy of what somebody else is doing. OK, well, actually the first thing I did is come up with a list of 50 posts that I wanted to write. I didn’t want to run out of things to write about in the first 6 months.

Blogging 286

Blogging Startup Writing Summary 286

Xconomy

MARCH 24, 2017

In a blog describing the formation of a company-wide Artificial Intelligence Products Group, Rao writes, “The new organization will align resources from across the company to include engineering, labs, software and more as we build on our. Rao plans to remain in San Diego, according to a spokeswoman for Intel Nervana.

Artificial Inteligence 40

Artificial Inteligence San Diego Blogging Writing 40

Both Sides of the Table

MAY 9, 2018

You left the meeting dreaming about money and finally having resources to do all of the things you wanted to do. After my board meeting I had to do an interview with a CFO candidate that one of my portfolio companies asked me to speak with. Wednesday I have 4 companies coming in to talk about their companies.

Software Review 381

Software Review Startup Email Conference 381

Berkonomics

DECEMBER 16, 2009

I recently joined the board of a company that was growing slowly, running beyond breakeven, but had not approved a plan for the current year, let alone attempted to develop one for the next. Assess your current resources and attempt to calculate the resources needed to accomplish the goal.

Summary 149

Summary Resource Writing Email 149

Tech Zulu Event

JANUARY 30, 2012

Months of submissions and the amazing help from our judges , the Spotlight is shinning down on awesome companies that were born right out of Southern California. And now without further ado I present the Spotlight: LA Tech Winter Companies: Spotlight Companies. We write and create our own content for the game.

CalTech 91

CalTech Company Companies Idealab 91