article thumbnail

I sat in my own safety net while weaving it.

Berkonomics

500 entrepreneur, after years as a senior marketing manager of a large computer company. I digress for a moment with a business lesson direct from the hand of our mentor at the time, Mister Berkus himself. And we were one of the twenty-five fastest growing companies in the INC.500 Editor’s note: Berni Jubb was an Inc.500

.Net 120
article thumbnail

5 Key Points Of Focus For Every Scalable New Venture

Startup Professionals Musings

You can review all the specifics of this approach in the classic book by Nathan Furr and Paul Ahlstrom, appropriately titled “ Nail It then Scale It: The Entrepreneur's Guide to Creating and Managing Breakthrough Innovation ,” but I will net it out here. Great businesses begin with a customer problem that has a big and monetizable pain point.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Omkar Kulkarni On The Cedars-Sinai, Techstars Health Accelerator

socalTECH

The idea is to have a partnership between Cedars-Sinai and Techstars, where we select ten healthcare startup companies focused on innovative technology and care delivery in healthcare. Both sets of mentors re really united to help drive the pace of growth of these startups, must faster than they might have grown traditionally.

Mentor 100
article thumbnail

Omkar Kulkarni On The Cedar Sinai-Techstars Health Accelerator

socalTECH

The idea is to have a partnership between Cedars Sinai and Techstars, where we select ten healthcare startup companies focused on innovative technology and care delivery in healthcare. Both sets of mentors re really united to help drive the pace of growth of these startups, must faster than they might have grown traditionally.

Mentor 100
article thumbnail

5 Tips For New Entrepreneurs Needing Investor Funding

Startup Professionals Musings

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. Net out the problem and your solution in the first 30 seconds. Pitch your company, not your product. Executive summary glossy. Written business plan.

article thumbnail

10 Ways To Get The Capital You Need For Your Startup

Startup Professionals Musings

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” These organizations, like Y Combinator , are very popular these days, and are often associated with major universities, community development organizations, or even large companies. Solicit venture capital investors.

Startup 106
article thumbnail

TechStar Co-Founder @BFeld: Are We Experiencing A Startup Accelerator Bubble?

InfoChachkie

The money that went into them was usually very inefficiently deployed because it was deployed against infrastructure, it was deployed against a longer arc of build-up and you were into a company a while before you knew whether something was going to work or not. We are actually giving the companies money, rather than taking money from them.

Startup 270