Startup Professionals Musings

APRIL 8, 2022

Most people agree that entrepreneurs have to think differently and take risks to have much chance of building a successful business. In the classic book “ The Entrepreneur Mind ,” from serial entrepreneur Kevin D. Johnson, he outlines 100 essential beliefs, insights, and habits of serious entrepreneurs.

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Entrepreneur Startup Customer Custom 117

Berkonomics

APRIL 20, 2023

Here I am a professional investor in early-stage companies, and I attempt to find those with the greatest chance of success and growth in value over time. We have years of real data to call upon: data that impacts both investors and entrepreneurs. Entrepreneurs will always start new enterprises. Data does not lie. And the U.S.

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Statistics Startup Study Invest 156

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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Entrepreneur Startup Social Network Mentor 140

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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Entrepreneur Technical Review Case Study Class 279

Startup Professionals Musings

APRIL 17, 2021

An entrepreneur has to engage with team members, partners, investors, vendors, and customers. In today’s recessionary times, leaders have large shadows – and team members are watching everything they do! Studies show that if one’s line manager is disengaged, his/her employees are four times more likely to be disengaged themselves.

Entrepreneur 138

Entrepreneur Social Media Satisfaction Startup 138

Startup Professionals Musings

MARCH 27, 2020

As a startup advisor, I see many aspiring entrepreneurs whose primary motivation seems to be to work part time, or get rich quick, or avoid anyone else telling them what to do. Yet, for those with more realistic expectations and the right motivation, the entrepreneur lifestyle can be the dream life you envisioned.

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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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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. Conscious Capitalism , a popular business movement with a focus on culture and ethics, claimed a few years ago returns 10 times higher than the S&P 500.

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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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Both Sides of the Table

OCTOBER 5, 2014

I enjoyed the first half of my time at Andersen Consulting (now Accenture) because I was a computer programmer and had to build stuff that actually worked. 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. I remind my colleagues this all the time.

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Startup Professionals Musings

APRIL 3, 2020

According to Gallup surveys , job satisfaction for employees is at an all-time low. 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. Only 13 percent of workers are fully engaged in their job.

Entrepreneur 123

Entrepreneur Satisfaction Writing Startup 123

InfoChachkie

MAY 26, 2016

Should millennial entrepreneurs go to college? 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. Rest assured, you are not currently wasting your time getting a degree. Get More Than A Degree.

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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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Startup Case Study Course Entrepreneur 142

Berkonomics

MARCH 9, 2017

Here I am a professional investor in early stage companies, and I attempt to find those with the greatest chance of success and growth in value over time. We have years of real data to call upon: data that impacts both investors and entrepreneurs. Again, quoting the ARI study, angel investors hold their average investment for 4.5

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Startup Statistics Tech Coast Angels Study 266

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. I hope many of you can take the time to watch the interview – I promise he doesn’t disappoint. He studied the errors that other people had made and tried to improve on them. You can click the image above or this link.

Entrepreneur 356

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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. John Greathouse : Albert, thanks for taking the time to chat. I''ll never tweet about that killer burrito I am about to devour - just startup stuff.

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Startup Professionals Musings

DECEMBER 19, 2020

Studies of software teams, for example, show differences as great as ten to one in productivity between working team members. Research shows the result of multitasking is a focus on what’s in front of us only 50 percent of the time. Schedule less time for important tasks. Slow down and focus. Don’t be a perfectionist.

Product 173

Product Activity Study Email 173

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. I remind my students that, “time wounds all heels.”

Entrepreneur 100

Entrepreneur Class Course Case Study 100

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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Entrepreneur Tips Writing Coach 98

Startup Professionals Musings

MAY 22, 2015

New entrepreneurs routinely jump into a startup with a full charge of passion and energy, but often find themselves drained of both after a few months by the workload and challenges. As a result, burnout and loss of passion are consistently listed among the top causes of startup failure, according to many studies. Don’t wait.

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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.

Entrepreneur 222

Entrepreneur Startup Research Social Media 222

Startup Professionals Musings

SEPTEMBER 2, 2023

Studies of software teams, for example, show differences as great as ten to one in productivity between working team members. Research shows the result of multitasking is a focus on what’s in front of us only 50 percent of the time. Schedule less time for important tasks. Slow down and focus. Don’t be a perfectionist.

Activity 99

Activity Study Product Email 99

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.

Claremont 101

Claremont Mentor Study Startup 101

Startup Professionals Musings

SEPTEMBER 5, 2021

Any entrepreneur with a vision can postulate a new business, but it takes a collaboration of many people to make it a success. Entrepreneurs who embrace the “lone wolf” approach usually live to regret it. The average return on collaboration is four times the initial investment. They reach agreement faster and communicate more.

Study 123

Study Competition Tool Entrepreneur 123

Startup Professionals Musings

DECEMBER 26, 2022

According to a classic Gallup survey , job satisfaction for employees has reached an all-time low. 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. Only 13 percent of workers are fully engaged in their job.

Satisfaction 153

Satisfaction Entrepreneur Writing Startup 153

Startup Professionals Musings

DECEMBER 25, 2013

It’s been a challenging business year, but I hope you are all taking some time off this long holiday weekend, to celebrate with the family. Yet there will be some entrepreneurs can’t seem to make the decision to take a break. Yet there will be some entrepreneurs can’t seem to make the decision to take a break.

Entrepreneur 101

Entrepreneur Startup Satisfaction Study 101

Startup Professionals Musings

JULY 5, 2017

Most people agree that entrepreneurs have to think differently and take risks to have much chance of building a successful business. In the classic book “ The Entrepreneur Mind ,” from serial entrepreneur Kevin D. Johnson, he outlines 100 essential beliefs, insights, and habits of serious entrepreneurs.

Entrepreneur 71

Entrepreneur Startup Customer Custom 71

InfoChachkie

JUNE 2, 2016

Are you an entrepreneur that is thinking about dropping out of college? However, as made clear in Should Millennial Entrepreneurs Skip College? Yet, for a small number of collegians, leaving school to focus on their ventures full time is the appropriate path. A version of this article previously appeared on Forbes.

Entrepreneur 100

Entrepreneur Startup Study Education 100

Startup Professionals Musings

OCTOBER 14, 2023

Based on my experience as an investor and mentor to aspiring entrepreneurs in Silicon Valley and elsewhere, one of the quickest ways to kill your credibility and your startup is to offer a poorly written business plan, or none at all. An entrepreneur who can’t manage a plan, probably won’t be able to manage the new business.

Startup 102

Startup Writing Mentor Sample 102

Berkonomics

AUGUST 5, 2021

The entrepreneur often expects that person to keep fellow investors informed. But most often, the CEO or founder has a much better idea of the flow of quarterly activity than a board member meeting monthly or less often, and for a relatively short period of time. And sometimes the board member does perform the service.

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Startup Professionals Musings

SEPTEMBER 19, 2014

Most people agree that entrepreneurs have to think differently and take risks to have much chance of building a successful business. In his book from a while back “ The Entrepreneur Mind ,” by serial entrepreneur Kevin D. Johnson, he outlines 100 essential beliefs, insights, and habits of serious entrepreneurs.

Entrepreneur 107

Entrepreneur Startup Customer Custom 107

Both Sides of the Table

FEBRUARY 20, 2012

She actually IS the prototypical entrepreneur. But Tracy did what entrepreneurs do. Tracy studied SEOMoz and several other online sources of SEO tips. Sam is the managing director of Launchpad LA and we were about to pick our 2012 class of entrepreneurs. More on that later. That may soon change. She never gave up.

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Startup Entrepreneur SEO Venture Capital 363

InfoChachkie

MARCH 21, 2019

Ida wasn’t even the first modern-day entrepreneur to offer women brassieres. Joseph Coleman subsequently ran the business until his death in 1968, at which time Ida’s daughter Beatrice became CEO and operated the business until her death in 1990. She was an entrepreneur at a time when entrepreneurial women were few and far between.”.

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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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Product Entrepreneur Framework Social Media 111

Startup Professionals Musings

MAY 24, 2014

I have added my own insights, based on my experience advising and working with entrepreneurs and startups: Pay for results, rather than pay for work. What is new is the trend and mentality to just look for results and ignore other traditional management constraints, like the amount of time spent. Measuring results in itself is not new.

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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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Entrepreneur Startup Education Tool 112

Startup Professionals Musings

DECEMBER 14, 2014

Most entrepreneurs struggle with many startup Founders dilemmas in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. The right time to start dilemma. The right time to jump is a function of favorable career, personal, and market circumstances.

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Entrepreneur Statistics Equity Satisfaction 107