Startup Professionals Musings

JUNE 18, 2021

You can’t win as an entrepreneur working alone. I hope all this seems obvious to you, but I still get a good number of notes from “entrepreneurs” who have been busy inventing things all their life, but can’t find a partner to start their first business, and others trying to find an executive, an investor, or a lawyer.

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Startup Professionals Musings

APRIL 17, 2021

An entrepreneur has to engage with team members, partners, investors, vendors, and customers. I will talk here primarily about building the internal team of a startup, but the same principles apply outside to your “extended team” and customers. Entrepreneurs need to ask team members what they think, and then act on the feedback.

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Both Sides of the Table

FEBRUARY 22, 2015

I saw him on stage at the event talking about how he used social media to engage audiences. After seeing Chamillionaire interact with several entrepreneurs both at events and as an investor I started introducing him to startups in an advisory capacity. Five-and-a-half years ago I first met Chamillionaire at a tech conference in LA.

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InfoChachkie

FEBRUARY 25, 2013

Someone on Quora recently asked me to answer the following question: Why Do Digital Entrepreneurs Hate MBAs? Tech entrepreneurs' consternation with MBAs does not rise to the level of loathing. As noted in Startup Advice From College Dropouts , successful entrepreneurs are often poor students. Look For MBA Outliers.

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Startup Professionals Musings

APRIL 3, 2020

One obvious alternative is to become an entrepreneur. As a mentor to many aspiring entrepreneurs, I’m often asked what it takes to switch and get real satisfaction from this lifestyle. In fact, Mehta focuses on a special class of entrepreneurs that he calls disruptors. Expand your support group and test your limits.

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Startup Professionals Musings

MAY 23, 2022

New entrepreneurs tend to focus only on getting the product right, and assume that the right culture and ethics will come later simply by hiring good people. Business ethics are more about religion than management or leadership. For example, people often do not automatically know that they are facing an ethical choice.

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Berkonomics

MARCH 16, 2023

As an early-stage investor, the first test for me is whether “my” entrepreneur is flexible in both the plan and execution of their vision (since from experience almost everything about a business plan changes over time), and whether that person, no matter what age or experience, is coachable. Why should we ask this question?

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Both Sides of the Table

OCTOBER 5, 2014

I did a study for a large European mobile operator on whether they should bid for 3G spectrum and if so how much was it worth. For me, after nearly a decade in the trenches of being an entrepreneur I felt I was un-brainwashed from trying to pretend I had all the answers. And I encourage entrepreneurs to triangulate as well.

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InfoChachkie

MAY 26, 2016

Should millennial entrepreneurs go to college? However, what about Kwame Brown and Eddy Curry? If you believe the mythology surrounding the handful of entrepreneurs who did not obtain a degree, you may think that the path to entrepreneurial success is enhanced by avoiding college. In sports, outliers generate headlines.

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Both Sides of the Table

OCTOBER 22, 2010

On why you should be an entrepreneur, “A lot of people do what they have to do. We also talked about getting more young African Americans interested in entrepreneurship & technology. He studied the errors that other people had made and tried to improve on them. It made me confident about what would work.

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InfoChachkie

MAY 12, 2014

I recently received an email from a former student in which he described how he was able to secure a lunch meeting with a high-profile entrepreneur who is operating multiple ventures in parallel. Benedikt Scholz is an exceptional student whom I had the pleasure of instructing when he recently studied at UC Santa Barbara.

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socalTECH

MAY 1, 2019

We caught up with Brian to hear more about the startup. I thought it was about time to do something about that, to make sure small business ownersnot just multi-million and billion dollar, Fortune 500 companiescould have access to all of the benefits and protection of the law. It's more about product differentiation.

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InfoChachkie

NOVEMBER 3, 2014

According to Jared Belsky, President, 360i , “We see Search and Social as a 24 hour real-time consumer focus group that helps us stay on top of what consumers care about for our brands. Greathouse : DataPop & Kenshoo recently released a study that highlights the potential opportunities on sites like Pinterest and Polyvore.

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Both Sides of the Table

FEBRUARY 20, 2012

She actually IS the prototypical entrepreneur. Just not the kind you would initially read about on TechCrunch. And that’s what I love about her narrative. It represents the great majority of entrepreneurship and eschews the fairytale rags-to-VC-riches stories we so often read about in the press. She never gave up.

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Startup Professionals Musings

SEPTEMBER 26, 2022

The successful entrepreneurs I have met and worked with over the years all seem to share that passion for learning, and they see rapid market change not as a problem, but as an opportunity for them to move ahead of the crowd in changing the world. Successful entrepreneurs love to share, but they respond better to pull rather than push.

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SoCal Tech Calendar

OCTOBER 17, 2018

Investors agree that the single most important factor for a company's success is the entrepreneur. Join Pasadena Angels Chairman, Chris Wadden, at this special evening where he will talk about various methodologies that investors use to evaluate entrepreneurs. Appetizers and drinks will be served.

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Berkonomics

MARCH 9, 2017

I read several years ago, that the average startup restaurant lasts only about a year. We have years of real data to call upon: data that impacts both investors and entrepreneurs. Harvard University recently published a study that three of every four venture-backed firms fail. Entrepreneurs will always start new enterprises.

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Startup Professionals Musings

AUGUST 28, 2019

New entrepreneurs tend to focus only on getting the product right, and assume that the right culture and ethics will come later simply by hiring good people. Business ethics are more about religion than management or leadership. For example, people often do not automatically know that they are facing an ethical choice.

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InfoChachkie

JUNE 30, 2014

Too bad, as they would be well served to study Dirty Franks marketing plan, which has withstood the test of time. Entrepreneur and noted investor Brad Feld unwittingly echoed Franks approach to marketing when, during a discussion with me , he declared, " …companies should… focus on building amazing products. Share and Enjoy.

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Startup Professionals Musings

DECEMBER 26, 2022

One alternative is to become an entrepreneur. As a mentor to many aspiring entrepreneurs, I’m often asked what it takes to get satisfaction from this lifestyle. In fact, Mehta focuses on a special class of entrepreneurs that he calls disruptors. Expand your support group and test your limits. Take action now.

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InfoChachkie

MARCH 2, 2015

Despite the fact that I teach entrepreneurship at UC Santa Barbara , I do not believe that entrepreneurs are created in classrooms. Instead of trying to teach students to be an entrepreneur, I expose my entrepreneurial students to tools that will help them solve real-world problems. Image: Pixabay. Share and Enjoy.

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Startup Professionals Musings

OCTOBER 15, 2016

Some people even believe that entrepreneurs must be born with the right genes, and no element of education is relevant. In my view, the most effective entrepreneurs are those with a background of an array of real-life experiences, both positive and negative, as well as good academic and coaching activities. Get real experience early.

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Startup Professionals Musings

JULY 22, 2023

Everyone knows and admires the leaders , including Google and Zappos, but most entrepreneurs have only a fuzzy idea of what to do to get there. Zak is the director of the Center for Neuroeconomics Studies at Claremont Graduate University, and he has studied the connection between trust and performance all over the world.

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InfoChachkie

JUNE 2, 2016

Are you an entrepreneur that is thinking about dropping out of college? I even played into this mythology with a provocative article I wrote about college dropout successes. I even played into this mythology with a provocative article I wrote about college dropout successes. Answer the following four questions first.

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InfoChachkie

NOVEMBER 4, 2013

An entrepreneur, weightlifter and travel photographer, James offers his readers advice and insights that help them become better leaders, with an emphasis on improving one''s health in the process. One of the biggest challenges of being an entrepreneur is deciding what not to do. Focusing On Everything = Focusing On Nothing.

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Startup Professionals Musings

JANUARY 2, 2015

If you define your self-worth as an entrepreneur by how busy you are, it’s time to find another lifestyle. For survival, entrepreneurs need to be all about accomplishing results that matter for themselves, their team, and their customers. We all know people who are extraordinarily busy, but never seem to accomplish anything.

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Startup Professionals Musings

JULY 17, 2021

If you define your self-worth as an entrepreneur by how busy you are, it’s time to find another lifestyle. For survival, entrepreneurs need to be all about accomplishing results that matter for themselves, their team, and their customers. We all know people who are extraordinarily busy, but never seem to accomplish anything.

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Startup Professionals Musings

JANUARY 24, 2022

Yet, many entrepreneurs are the happiest people I know. Tracy defines the five key ingredients of happiness that every potential and existing entrepreneur, including Mark Zuckerberg (and every non-entrepreneur), should evaluate relative to their own situation: Happy relationships. Financial independence. Self-actualization.

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Startup Professionals Musings

DECEMBER 22, 2013

Yet, many entrepreneurs are the happiest people I know. He defines the five key ingredients of happiness that every potential and existing entrepreneur, including Mark Zuckerberg (and every non-entrepreneur), should evaluate relative to their own situation: Happy relationships. Financial independence. Self-actualization.

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InfoChachkie

JANUARY 12, 2015

After studying at UC Santa Barbara''s entrepreneurial program , he returned to Spain, excited to start a venture and make a positive impact on his homeland. Fredi''s email is worth reading, as it reinforces how lucky American entrepreneurs truly are. Geographically, the distance between Spain and the US is about 4,715 miles.

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Startup Professionals Musings

MARCH 6, 2023

Aspiring entrepreneurs who rely only on traditional learning vehicles (teachers, classrooms, and risk-free practice) are doomed to failure in anticipating change today. Either they are never really ready to commit, study an opportunity until it has passed, or fail with tools and techniques from a bygone business era.

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Startup Professionals Musings

NOVEMBER 2, 2020

Everyone knows and admires the leaders , including Google and Zappos, but most entrepreneurs have only a fuzzy idea of what to do to get there. Zak is the director of the Center for Neuroeconomics Studies at Claremont Graduate University, and he has studied the connection between trust and performance all over the world.

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InfoChachkie

MAY 26, 2011

Read something about it. Write about it. Scott’s article struck a chord with me, as a number of my entrepreneur studies students from UC Santa Barbara have reached out to me in the past few days, looking for jobs after they graduate. Make it fun. Buy a domain name. List out your reasons why it’s so important to you.

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Startup Professionals Musings

JULY 12, 2015

One of the simplest questions I get from aspiring entrepreneurs, and ironically one of the hardest, is “How do I start?” They just aren’t prepared for the life they want, and are really asking me how to learn to be an entrepreneur. Help entrepreneurs with constant learning. Learning doesn’t have to be all work.

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Startup Professionals Musings

JANUARY 27, 2014

Over the years, I’ve had the privilege of working with some of the best entrepreneurs in Silicon Valley and elsewhere. On the average, the entrepreneurs I know are living on Ramen noodles. I’m not talking about academic classes, because at best these only teach you how to learn. Read entrepreneur stories. Formal learning.

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Startup Professionals Musings

SEPTEMBER 11, 2015

Most aspiring entrepreneurs believe that a great idea alone will assure business success. In fact, I believe modern entrepreneurs need to be super sales people, in the most positive sense, to their team as well as customers. Your first idea about where pain resides is nearly always wrong. No pain usually means no sales.

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Startup Professionals Musings

DECEMBER 21, 2016

Contrary to what you might guess, the highest rate of entrepreneurial growth over the last few years is not Gen-Y upstarts, but Boomers over the age of 50, now called encore entrepreneurs. Here are some indicative entrepreneurial facts from recent Kauffman studies and others. percent to 24.3 percent last year.

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