Startup Professionals Musings

JANUARY 5, 2020

As an advisor to entrepreneurs, I find that I often have to remind them that the world of customers has changed since they started their last business. Pushing yourself on customers by touting features and price doesn’t work anymore. Use analytics to see why customers are buying, as well as what.

Custom 133

Custom Customer Social Media Startup 133

Berkonomics

JULY 30, 2015

500 entrepreneur, after years as a senior marketing manager of a large computer company. One thing, though, that never bothers an entrepreneur is fear of the unknown. And we were one of the twenty-five fastest growing companies in the INC.500 As an entrepreneur, you have a genetic problem. By Berni Jubb.

.Net 120

.Net Startup Entrepreneur Mentor 120

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. An ethical culture deals with managing values between the individual and the company, to best handle the inevitable conflicts that crop up in every business.

Entrepreneur 116

Entrepreneur Software Review Summary Examples 116

Berkonomics

AUGUST 3, 2023

However, most often, these funds are solicited by a well-meaning entrepreneur from investors who are not qualified as accredited investors under the law (currently requiring a proved income of $200,000 a year or $1 million in net worth for an individual investor).

Venture Capital 295

Venture Capital Startup Class Invest 295

Startup Professionals Musings

SEPTEMBER 28, 2018

One of the big differences between an entrepreneur and an employee of a big business is that employees tend to have a very narrow focus on their job, while entrepreneurs have to keep the broader focus on business. entrepreneurs consistently claim to be happier , and have a higher net worth than employees. In fact, U.S.

Entrepreneur 93

Entrepreneur Satisfaction Custom Customer 93

InfoChachkie

AUGUST 22, 2016

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. He started by stating, “We track customer success.” In other words, are we measure whether or not we are truly making our customers more successful.”.

Custom 100

Custom Customer Cornerstone OnDemand Metrics 100

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. Now all we hear about is providing the best “customer experience.” Entrepreneur of the Year” finalist. Remember, customers are the reason you do what you do.

Custom 100

Custom Customer .Net Competition 100

Startup Professionals Musings

FEBRUARY 14, 2022

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Great businesses begin with a customer problem that has a big and monetizable pain point. Nail the solution. Nail the business model.

Technical Review 143

Technical Review Custom Customer Entrepreneur 143

Startup Professionals Musings

APRIL 21, 2023

As a startup advisor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. In my experience, finding real innovation in existing company environments is even tougher. An entrepreneur looking for a sure thing will never innovate. Followers and linear thinkers need not apply. Ownership.

Coach 137

Coach Metrics Competition Ideas 137

Startup Professionals Musings

AUGUST 4, 2017

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. Now all we hear about is providing the best “customer experience.” Entrepreneur of the Year” finalist. Every relationship requires listening, as well as talking.

Custom 85

Custom Customer Product Marketing 85

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. Now all we hear about is providing the best “customer experience.” Entrepreneur of the Year” finalist. Remember, customers are the reason you do what you do.

Custom 98

Custom Customer .Net Competition 98

Both Sides of the Table

FEBRUARY 20, 2012

And she didn’t start her company in Northern California. Tracy built her company, Recycled Media , out of necessity. She drove her company to profitability before paying herself a modest salary. She actually IS the prototypical entrepreneur. She put all of her savings into her company. More on that later.

Startup 363

Startup Entrepreneur SEO Venture Capital 363

socalTECH

JULY 7, 2010

One complaint we sometimes hear from venture capitalists visiting Southern California for the first time, is the difficulty of finding experienced entrepreneurs and executives. socalTECH.com has mined its proprietary database of high tech companies and entrepreneurs and identified just a few of the repeat entrepreneurs to watch in the region.

Southern California 228

Southern California Entrepreneur SoCal Mahalo 228

Startup Professionals Musings

AUGUST 12, 2015

As a startup investor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. In my experience, finding real innovation in existing company environments is even tougher. An entrepreneur looking for a sure thing will never innovate. Followers and linear thinkers need not apply. Ownership.

Entrepreneur 101

Entrepreneur Startup Coach Metrics 101

Both Sides of the Table

JANUARY 5, 2010

This is part of my series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. I started the series talking about what I consider the most important attribute of an entrepreneur : Tenacity. Entrepreneurs are inherently risk takers.

Entrepreneur 293

Entrepreneur Startup Venture Capital CTO Hire 293

Startup Professionals Musings

JANUARY 18, 2014

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Great businesses begin with a customer problem that has a big and monetizable pain point. Nail the solution. Nail the business model.

Entrepreneur 113

Entrepreneur Startup Technical Review Custom 113

Startup Professionals Musings

OCTOBER 11, 2013

Many startups and mature businesses have not yet adapted to the fact that customer satisfaction in this “always connected” age is more than product and service quality. It’s more about which customers broadcast their pleasure or unhappiness to others. Here are four basics that always apply: Customer retention is priority number one.

Custom 97

Custom Customer Satisfaction Social Media 97

Berkonomics

OCTOBER 8, 2015

We come to the end of this cycle of insights with a thought about how you might view your successful exit from the company you have spent so much effort to build. Email readers, continue here…] First there comes a sense of relief, knowing that you no longer need to worry over daily cash or threats to your net worth.

Entrepreneur 120

Entrepreneur Writing .Net Sales 120

Startup Professionals Musings

DECEMBER 2, 2022

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. A target market is the group of customers that the startup plans to attract through marketing and sales their product or service. How will you reach your customers?

Sales 102

Sales Custom Customer Outsource 102

Startup Professionals Musings

AUGUST 18, 2018

As a startup investor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. In my experience, finding real innovation in existing company environments is even tougher. An entrepreneur looking for a sure thing will never innovate. Followers and linear thinkers need not apply. Ownership.

Entrepreneur 64

Entrepreneur Coach Metrics Competition 64

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. In the last six weeks, I have been pitched by five entrepreneurs under 20. free weekly Infochachkie articles! The youngest was 15.

Entrepreneur 272

Entrepreneur Startup Conference Santa Barbara 272

Startup Professionals Musings

OCTOBER 10, 2018

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” If you have the urge to be an entrepreneur, I encourage you to think seriously about each of these, before you zero-in on one or two, and get totally discouraged if those don’t work for you.

Entrepreneur 96

Entrepreneur Startup Equity Funding 96

Berkonomics

JANUARY 13, 2022

How might you view your successful exit from the company you have spent so much effort to build? You no longer need to worry over daily cash or threats to your net worth. What most entrepreneurs fail dramatically at is to celebrate the moment. Then do as all good entrepreneurs do. Many fail multiple times.

Writing 156

Writing Entrepreneur .Net Sales 156

Tech Zulu Event

APRIL 22, 2015

Their stated purpose is to further a policy of net neutrality by preventing Internet Service Providers from engaging in certain practices deemed anti-competitive by the agency. The fear was that companies, or consumers, that didn’t pay extra could face consequences. Business Op-Ed international Internet Net Neutrality'

.Net 40

.Net Examples Training Services 40

Startup Professionals Musings

MAY 2, 2021

As it turned out, 17 of the 27 companies were still in business seven years later, which is at least double that of other studies. To determine what factors made a difference, the researchers compared the 27 companies using numerous variables. Here is my own net of those seven habits: Founder is ready, willing, and able to learn.

Startup 170

Startup Study Journal Sample 170

Startup Professionals Musings

MARCH 31, 2023

Every entrepreneur knows that good demand generation marketing is the key to growth these days, but very few have the discipline or know-how to measure return in a world of a thousand tools and techniques. Hidalgo recommends a focus on engagement stage indicators including customers by channel, conversion ratio, and cost per revenue.

Metrics 102

Metrics Demand Paramount Content 102

Startup Professionals Musings

JULY 25, 2020

As a startup advisor in this age of the entrepreneur, I see many more startups, but innovation is still hard to find. In my experience, finding real innovation in existing company environments is even tougher. An entrepreneur looking for a sure thing will never innovate. Followers and linear thinkers need not apply. Ownership.

Coach 144

Coach Metrics Social Network Competition 144

Berkonomics

MAY 7, 2015

This is like a Hans Christian Anderson parable, but aimed at you and your business… There are big fish and small fish, potential customers, all swimming in the sea that is your potential marketplace. You, the lonely fisherman, have to weave a net to catch your fish. Email readers, continue here…] This lesson is important.

.Net 120

.Net Research Marketing Entrepreneur 120

Startup Professionals Musings

DECEMBER 12, 2020

Jeff Bezos is one of the world’s most admired entrepreneurs, primarily because of his humble style and his growth from a regular person background to a current net worth in the neighborhood of $200 billion dollars. It allows investors to come into alignment with customers. Focus relentlessly and passionately on the customer.

Slides 137

Slides Custom Customer Satisfaction 137

Berkonomics

MARCH 30, 2012

Sara focuses upon another side of small business financing not typically considered in the angel and venture world, financing from sources for companies that will probably never be attractive to those niches. . There are a host of companies that can be accessed through web-search engines that can provide both secured and unsecured financing.

Funding 192

Funding Entrepreneur Startup Invest 192

Startup Professionals Musings

OCTOBER 13, 2014

Mid-level or even top executives who “grew up” in large companies often look with envy at startups, and dream of how easy it must be running a small organization, where you can see the whole picture and it appears you have total control. The job of a big-company executive is very different from the job of a small-company executive.

Startup 103

Startup Company Companies Training 103

Startup Professionals Musings

MAY 11, 2014

Entrepreneurs are all about firsts, and the most important is you making a great first impression – on investors, customers, new team members, and strategic partners. The best introduction to a new customer, or potential angel investor, is a warm introduction from a common friend, rather than a cold call. Smile and relax.

Entrepreneur 106

Entrepreneur .Net Google Research 106

Startup Professionals Musings

JULY 3, 2020

Every entrepreneur knows that good demand generation marketing is the key to growth these days, but very few have the discipline or know-how to measure return in a world of a thousand tools and techniques. Hidalgo recommends a focus on engagement stage indicators including customers by channel, conversion ratio, and cost per revenue.

Marketing 174

Marketing Invest Demand Metrics 174

Startup Professionals Musings

AUGUST 10, 2014

Twitter showed no focus on revenue in the first five years, but was able to parlay 500 million users into a $22 billion public company, now growing revenue. Most modern investors still look for a business model that embodies a gross margin over 50 percent and a net margin in the 20 percent range.

Entrepreneur 98

Entrepreneur Organization Invest Custom 98

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

Entrepreneur Startup Writing Slides 108

Startup Professionals Musings

AUGUST 26, 2020

Unfortunately, many inventors I know are stuck at this stage, being great technologists, but not so great as entrepreneurs. You see, inventing a business is about attracting money from investors and customers, rather than spending money on a challenging dream. billion net worth. Target a higher customer need and ability to pay.

Custom 136

Custom Customer Examples .Net 136

Startup Professionals Musings

MAY 15, 2019

Steve Blank via Flickr by jdlasica I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Great businesses begin with a customer problem that has a big and monetizable pain point.

Startup 98

Startup Technical Review Custom Customer 98