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Today, we share the thoughts of Greg Monterrosa ,a startup community leader who is currently Startup Weekend organizer, facilitator, and mentor and was a former Founder of MyLLC.com and Hub101. Most interesting will have to be TikTok; its becoming a force to be reckoned with to reach an engaged audience in the marketing and influencer world.
Techstars LA , one of a number of programs across the globe run by startup accelerator operator Techstars, has opened up applications for its next program, its Q3 2019 program. The program starts in July, with an application deadline of April 7th, 2019. READ MORE>>.
During the holiday season, our tradition over the last few years has been to post reflections on the past year and some predictions for 2019 from Southern California's technology industry. We continue to have a steady stream of industry and thought leaders raising their hands to be mentors for our upcoming cohorts. READ MORE>>.
Mentoring and technical assistance from volunteer or paid experts. An incubator won’t help you if the market opportunity is small, the competitors are large, or your solution doesn’t address a real need. Direct seed funding, for a share of the equity, and introductions to investors.
More in-person contact is one of my 2019 goals. One company that we have mentored, invested in and serve on the board of, is in lending and has hit a very exciting tipping point. We expect some big things in 2019. The public markets affect private valuations though the impact on private companies is usually delayed.
Based on my recent experience as an angel investor, and advisor to new business owners, I now recommend that all entrepreneurs, especially introverts, learn and practice the discipline they need to build and nurture relationships with key constituents through the following activities: Formalize a mentoring relationship with someone you trust.
In my role as a small business consultant and mentor to many entrepreneurs, I recommend the following key considerations for the best strategy to pursue for outside funding, if you choose not to fund the business yourself: Consumer products and trends need market validation. Marty Zwilling First published on Inc.com on 11/21/2019.
As a mentor to many aspiring entrepreneurs, I challenge them to think beyond what I call linear extensions to a current trend, such as another “easier-to-use” app for smartphones, a new dating site for pets, or another niche social network. Marty Zwilling First published on Inc.com on 11/15/2019.
Most people agree that leadership is primarily a set of behaviors that capitalize on relationships and a current market and customer understanding in a complex world. You need their commitment, feedback, and continued support as the market changes. Marty Zwilling First published on CayenneConsulting on 05/09/2019.
Yet in today’s competitive and rapidly changing world, top notch sales and marketing skills are critical to the success of every business. Thus, in my view, it’s never too early to brush up on your selling and marketing skills. Even the most successful business executives have mentoring relationships with helpful peers.
Unfortunately, many aspiring leaders I mentor are not aware of the signals people are looking for, or are not attuned to the subtleties of their own actions. For example, measuring marketing team members on sales leads may not get you the revenue growth or trust you expected. Show humility while acting as a mentor and coach.
Previously we had to bring companies from all around the world to our 8 week accelerator program in Santa Monica and we were restricted by having to use local investors, trainers and mentors to keep our startups occupied. This is my 4th market upset and in the first three I was defensive. In 2018 & 2019 Expert DOJO made 42 investments.
If I suggest your technology needs validation in the market before scaling, it’s fair to ask how long and how expensive that test could be. Even industry titans like Bill Gates and Warren Buffett have mentors and advisors, and they use them often to search for blind spots in their own thinking.
Both good coaches and good businesses are strong enough to change course quickly as the needs change and the market changes. People often ask me about the difference between coaching and mentoring. Marty Zwilling First published on CayenneConsulting on 07/11/2019. A coaching culture thrives on agility and resilience.
Image via Pixabay Everyone has heard about the big potential for using artificial intelligence (AI) to expand your business, but many of the small businesses I mentor are still wary of embracing it, because they don’t understand how it works, and fear losing control and unintended consequences.
In my role as a mentor to many business professionals, I still see some who have no idea how to adapt to the new realities. Market your business expertise. In today’s gig economy, your professional reputation, references, and your ability to market yourself are the keys to success.
Thus a key skill and focus for every aspiring entrepreneur is the ability to collaborate with others who have the complementary skills in delivering the many decisions required in business, including marketing, financial, operations, and support. It has to be easily used, personalized, marketed, and supported.
There are lots of resources available for the challenge of that activity, including the Internet and mentors like me. Prepare your marketing story for customers and investors. Marty Zwilling First published on Inc.com on 10/21/2019. Just because you think it’s a great idea doesn’t mean there is a business opportunity.
Image via Pixabay As a mentor to many small business owners, I always caution them that you can never relax completely, just because your initial solution or product set appears to be getting traction, and the market buzz is positive. Marty Zwilling First published on Inc.com on 04/15/2019.
These are win-win arrangements leading to continuous innovation, early access to new markets, and a higher return. Bill Gates , for example, shared a common curiosity and mentoring relationship with Warren Buffet, although their business domains were quite different. Marty Zwilling First published on Inc.com on 09/27/2019.
Steve Jobs had many faults, but he was perhaps best known for his marketing slogan “ Think Different ” and his commitment to a vision of new and better products, inspiring consumers to demand products and services they never even knew they needed. Marty Zwilling First published on Inc.com on 10/16/2019.
The event is open to tech enthusiasts who want to join an event filled with some of the top leaders, investors and mentors from tech industry to network, find mentors and build their companies. The Mentor Method (Washington, D.C.). AdWallet (Albuquerque, NM). What if you could earn money to watch ads instead of avoiding them?
How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics. What happened? People were building.
Every new business dreams of growing from a startup to a global market leader in a few years, like Amazon.com, but that goal is elusive. As a mentor to entrepreneurs, I often get asked for the magic that has made Amazon the world's most valuable brand , from a total unknown only twenty years ago.
Owners realize that customers and the market change rapidly these days, and innovative change is necessary to keep ahead of competition and survive. They see top performers as employees who are the glue that makes this happen, by mentoring new employees, recommending improvements, and jumping in where help is needed.
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