Both Sides of the Table

SEPTEMBER 28, 2014

Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. I often see companies burning $100,000 per month (net) looking to raise $6-8 million.

Startup 383

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InfoChachkie

JANUARY 5, 2015

A version of this article previously appeared in Forbes. In his premier film appearance in the blaxploitation send-up “I’m Gonna Git You Sucka,” Chris Rock inadvertently addresses a key pricing challenge faced by most entrepreneurs. If you haven''t already subscribed yet, subscribe now for free weekly JohnGreathouse.com articles!

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InfoChachkie

JANUARY 18, 2012

As part of UC Santa Barbara’s Distinguished Lecture Series, serial entrepreneur and noted venture capitalist Mark Suster recently shared his advice with a large crowd of emerging entrepreneurs. free weekly Infochachkie articles! In the last six weeks, I have been pitched by five entrepreneurs under 20. ” 5.

Entrepreneur 272

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Startup Professionals Musings

MAY 18, 2014

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. For aspiring entrepreneurs, or if your last startup failed, it’s all about standing out above the crowd of others like you. Executive summary glossy.

Entrepreneur 108

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InfoChachkie

AUGUST 22, 2016

A version of this article previously appeared in Forbes. If you haven't already subscribed yet, subscribe now for free weekly JohnGreathouse.com articles! We had a spirited discussion regarding a number of issues related to blowing past $10M in annual recurring SaaS revenue, in front of a sold-out crowd of about 400 entrepreneurs.

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Startup Professionals Musings

OCTOBER 30, 2021

I was reading an old article written by marketing guru Seth Godin a while back where he mentions that “it takes about six years of hard work to become an overnight success”. Even then, it struggled through the 80’s and 90’s, until the advent of the iMac and consumer products. In 2005, Facebook still showed a yearly net loss of $3.63

Yahoo 127

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InfoChachkie

JUNE 18, 2012

This article originally appeared on Forbes HERE. Philo Farnsworth created a technology which underlies one of the 20 th Century’s most ubiquitous products, yet he died a man of modest means and is relatively unknown today. If you haven’t already subscribed yet, subscribe now for free weekly Infochachkie articles!

Ideas 221

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Startup Professionals Musings

JULY 9, 2012

I was reading an article written by marketing guru Seth Godin a while back where he mentions that “it takes about six years of hard work to become an overnight success”. Even then, it struggled through the 80’s and 90’s, until the advent of the iMac and consumer products. In 2005, Facebook still showed a yearly net loss of $3.63

Entrepreneur 105

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InfoChachkie

JULY 14, 2009

Hint: He was an entrepreneur. free weekly Infochachkie articles! The same is true of entrepreneurs. Entrepreneurship is so highly valued in the Western World that some people try to convince themselves that they are an entrepreneur, when in fact they would be better off at a Big Dumb Company (“BDC”). The Past Is Prologue.

Entrepreneur 153

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Startup Professionals Musings

FEBRUARY 25, 2019

Al Gore, by just talking about it, still seems to be leading the way in monetization, having amassed an estimated net worth reported recently as around $300 million. The ideas are endless, but we need more smart entrepreneurs to implement them. Choose Energy, and others highlighted in this recent Investopedia article.

Artificial Inteligence 79

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Startup Professionals Musings

JANUARY 23, 2013

I agree with the seven survival challenges from Michael Fertik, in an old Harvard Business Review article , for executives making the transition: Empire-building skills are counter-productive. Establishing and wielding influence may help you move resources in your direction in a large business. Never cover your a$$. Marty Zwilling.

Entrepreneur 105

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InfoChachkie

APRIL 28, 2011

Many entrepreneurs encounter a similar dilemma. Thus, entrepreneurs must decide when to stop listening to the Sirens’ song of a quick buck and position their company to take advantage of long-term, sustainable business models. If you haven’t already subscribed yet, subscribe now for free weekly Infochachkie articles!

Entrepreneur 225

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InfoChachkie

OCTOBER 27, 2010

Entrepreneurs who experience promising initial success also play a similar game. free weekly Infochachkie articles! Nearly every successful entrepreneur is offered a relatively modest amount of money for their adVenture during its early days. Some companies are predicated on a feature, rather than a full-fledged product.

Entrepreneur 124

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InfoChachkie

OCTOBER 27, 2010

Entrepreneurs who experience promising initial success also play a similar game. free weekly Infochachkie articles! Nearly every successful entrepreneur is offered a relatively modest amount of money for their adVenture during its early days. Some companies are predicated on a feature, rather than a full-fledged product.

Entrepreneur 124

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InfoChachkie

OCTOBER 3, 2011

free weekly Infochachkie articles! Filmmaker Kirby Ferguson has created a collection of short films which beautifully underscore Mr. Filmmaker Kirby Ferguson has created a collection of short films which beautifully underscore Mr. Jobs’ definition of creativity (the term beautiful is appropriate here, as the production values are sweet).

Startup 255

Startup High Tech SaaS .Net 255

Startup Professionals Musings

APRIL 26, 2015

Not so long ago, every business assumed that the keys to success were the highest quality product, the best value for the buck, and the best customer service. Entrepreneur of the Year” finalist. Exploit your product and service differences. One metric now commonly used is called the Net Promoter® Score (NPS). Detractors.

Customer 100

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InfoChachkie

AUGUST 11, 2011

I recommend you first review Dharmesh’s article and then listen to Naval’s thoughts. Value Prop Twitter Style : AngelList is the productization of raising startup funding. free weekly Infochachkie articles! free weekly Infochachkie articles! AngelList is the productization of that.

Startup 273

Startup Software Review Summary Technical Review 273

Startup Professionals Musings

JANUARY 12, 2019

I was reading an old article written by marketing guru Seth Godin a while back where he mentions that “it takes about six years of hard work to become an overnight success”. Even then, it struggled through the 80’s and 90’s, until the advent of the iMac and consumer products. In 2005, Facebook still showed a yearly net loss of $3.63

Startup 111

Startup Yahoo IBM IBM 111

Startup Professionals Musings

JULY 15, 2015

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. For aspiring entrepreneurs, or if your last startup failed, it’s all about standing out above the crowd of others like you, and demonstrating your readiness.

Startup 104

Startup Writing Entrepreneur Slides 104

Startup Professionals Musings

JANUARY 20, 2018

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. For aspiring entrepreneurs, or if your last startup failed, it’s all about standing out above the crowd of others like you, and demonstrating your readiness.

Startup 65

Startup Entrepreneur Slides Content 65

Both Sides of the Table

JULY 6, 2016

I even prefer to fund entrepreneurs who have experience some level of set-backs in their careers or startups because I think it brings a humility to decision-making that I find healthy. I find it distracting that when you click on a link you’re taken away from the main blog and need to hit the back button to remember to finish the article.

Startup 261

Startup Press Blogging .Net 261

Startup Professionals Musings

MARCH 11, 2014

Not so long ago, every business assumed that the keys to success were the highest quality product, the best value for the buck, and the best customer service. Entrepreneur of the Year” finalist. Exploit your product and service differences. One new metric now commonly used is called the Net Promoter® Score (NPS).

Customer 98

Customer Custom .Net Competition 98

InfoChachkie

APRIL 25, 2011

Although many are entertaining, most fail to provide entrepreneurs with a sufficient return on their time investment. If you are a leader at a startup and you are reading a business book, you are not closing customers, raising capital, improving your product, or spending time with your loved ones. Fan, Not A Fan Boy. Things I Liked.

Technical Review 279

Technical Review Blogging Class Entrepreneur 279

Both Sides of the Table

DECEMBER 27, 2011

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” I have had this discussion with many a first-time entrepreneur. Is it one product line or multiple? ” The Details.

Startup 418

Startup Venture Capital Sales Technical Review 418

Startup Professionals Musings

DECEMBER 6, 2010

While entrepreneurs freely throw around the term “value proposition,” they rarely offer a thoughtful explanation for the “value” their business is providing and, more importantly, an understanding of who their real customer is and what valuable benefit their customer perceives they are receiving. Again, evidence here is key.

Startup 95

Startup .Net Customer Custom 95

Startup Professionals Musings

AUGUST 6, 2013

I was reading an old article written by marketing guru Seth Godin a while back where he mentions that “it takes about six years of hard work to become an overnight success”. Even then, it struggled through the 80’s and 90’s, until the advent of the iMac and consumer products. In 2005, Facebook still showed a yearly net loss of $3.63

Startup 118

Startup Yahoo IBM IBM 118

Steve Reich

OCTOBER 30, 2012

Last week, the WSJ ran a great article (add link) on the value of college humanities courses, and used comments from a successful entrepreneur to make their case. I was wrong, and the article was a good reminder that telling your company’s full story is a critical element in raising capital. The net result?

Startup 65

Startup SaaS Platform .Net 65

InfoChachkie

AUGUST 29, 2011

If you haven’t already subscribed yet, subscribe now for free weekly Infochachkie articles! If the tech community believes that a certain area is the epicenter of a particular industry, motivated entrepreneurs will start their ventures in such locations, thus reinforcing the geography’s perceived advantageousness.

Venture Capital 233

Venture Capital Capital Funding Technical Review 233

InfoChachkie

JULY 9, 2013

A version of this article previously appeared on Forbes. If you haven''t already subscribed yet, subscribe now for free weekly Infochachkie articles! Because of startup''s perpetual manpower deficit, emerging entrepreneurs are often given senior responsibilities that would not be available to them at a big company.

Startup 230

Startup Technical Review Tips RSS 230

InfoChachkie

SEPTEMBER 26, 2011

If you haven’t already subscribed yet, subscribe now for free weekly Infochachkie articles! So you are an entrepreneur, but you are not an inventor. Because of this perpetual manpower deficit, emerging entrepreneurs are often given senior responsibilities that would not be available to them at a BDC. No problem.

Startup 205

Startup Entrepreneur Help Invest 205

Startup Professionals Musings

OCTOBER 13, 2014

I agree with the seven survival challenges from Michael Fertik, in an old Harvard Business Review article , for executives making the transition: Empire-building skills are counter-productive. big company entrepreneurs public startup' The axiom applies to all matters, tiny to large. Never cover your a$$. Marty Zwilling.

Startup 103

Startup Company Companies Training 103

Startup Professionals Musings

NOVEMBER 14, 2010

Bockerstette, Main Street Venture Fund As I outlined last week, trophy angel investors are always looking for trophy entrepreneurs. In many areas, not enough entrepreneurs meet the criteria, so it’s still a buyer’s market. There is no product idea good enough to overcome bad partners. By Joseph A. Proposition.

Funding 106

Funding Startup Entrepreneur Activity 106

Tech.Co

JULY 24, 2017

Below we’ll outline how to squeeze those last drops of talent out of your own social circles, how to incentivize current employees to lure in potential candidates in their networks, and how to entice “superconnectors” to recruit through their own far-reaching nets. Tap Into Your Network.

Networking 83

Networking Startup Software Review Conference 83

InfoChachkie

SEPTEMBER 22, 2011

Richard White, author of The Entrepreneur’s Manual , surveyed a number of venture capitalists, asking them to identify the characteristics of successful, serial entrepreneurs. In fact, several of the venture capitalists pointed out that successful entrepreneurs often have to be encouraged to spend more aggressively.

Startup 221

Startup Pricing Entrepreneur Email 221

InfoChachkie

MARCH 2, 2019

A version of this article previously appeared Forbes. In 1955, the company’s net work was $500,000 ($4.6 Less than ten years after the conclusion of World War II, toy weaponry was a popular product segment. In 1936, Ruth Handler and her husband Elliott were $200 in debt and unable to pay their rent. million, inflation adjusted).

Company 100

Company Companies Sales Sample 100

InfoChachkie

NOVEMBER 23, 2015

A version of this article previously appeared on Forbes. If you haven't already subscribed yet, subscribe now for free weekly JohnGreathouse.com articles! Rather, we value entrepreneurs' time and thus our diligence generally includes introducing them to potential customers and partners. VC's love to talk about their successes.

Venture Capital 100

Venture Capital Technical Review Software Review Southern California 100

InfoChachkie

JULY 9, 2013

A version of this article previously appeared on Forbes. If you haven''t already subscribed yet, subscribe now for free weekly Infochachkie articles! Because of startup''s perpetual manpower deficit, emerging entrepreneurs are often given senior responsibilities that would not be available to them at a big company.

Startup 145

Startup Technical Review Tips Help 145