Startup Professionals Musings

JUNE 24, 2020

As a frequent advisor to new entrepreneurs and startups, I often hear your frustration with being treated differently from other startups by investors, on expectations for valuation , traction, and market size. For many years, startups featuring all-electric vehicles fell into this stage of the business lifecycle.

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Startup Professionals Musings

JULY 8, 2020

Many startup founders I know avoid establishing a formal advisory board or board of directors for as long as possible, with the excuse that this is just another burden, or it has more risk than value to the founder. A reasonable place to start is one percent of your company equity, plus actual expenses to cover travel and meeting attendance.

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Both Sides of the Table

JANUARY 10, 2021

If you want to get in better shape and haven’t read that you might start there. I started advice with the premise that no amount of exercise or food eating plan would help with long-term fitness or weight goals unless you first had a mental plan and a set of measurements to track your progress. I want to share with you how I did this.

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Startup Professionals Musings

FEBRUARY 24, 2020

One of the most stressful and unanticipated challenges that comes with starting a new business is hiring and managing employees. I just finished a new book for entrepreneurs, “ Secrets to a Successful Startup ,” by Trevor Blake, which makes the same points, based on his own real-life experience with three successful startups.

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Both Sides of the Table

JUNE 27, 2021

Shots on Goal Being great as a startup technology investor of course requires a lot of things to come together: You need to have strong insights into where technology markets are heading and where value in the future will be created and sustained You need be perfect with your market timing. On Funding?—?Shots

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Startup Professionals Musings

APRIL 27, 2020

If you want to make a great first impression on a startup investor or an advisor like me, don’t try to convince me or show me how busy you are. I’m sure you all know someone who always seems to be overworked, but often comes up short on the delivery side. As an entrepreneur starting a new business, you have a lot to learn.

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Product Startup Tips Entrepreneur 123

Startup Professionals Musings

JUNE 28, 2021

Entrepreneurs who require funding for their startup have long counted on self-accredited high net worth individuals (“angels”) to fill their needs, after friends and family, and before they qualify for institutional investments (“VCs”). Thus investing in startups should always be approached as a low odds game.

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Startup Professionals Musings

JULY 1, 2020

Of course, most of you expect that raising money will be difficult, as well as staving off competitors, and handling that occasional toxic customer. There are just not enough hours in a day, and knowledge available, to keep up with it all. Every startup is like a family, needing constant commitment to specific roles and priorities.

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Startup Professionals Musings

MAY 13, 2020

So do your homework before you talk, to get up to speed on the current topic, identify new information that others don’t have, and quantify value to you and other relevant people. One of the biggest problems I see in startups is everyone trying to do too many different things, straining resources and confusing customers.

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Startup Professionals Musings

OCTOBER 9, 2020

Due to the pervasive Internet, the scope of most successful startup teams today has become global. According to recent reports , these come from all the way up and down the age and experience spectrum, including up to ninety percent of the current Baby Boomers, as well as Millennials. Your success and growth depends on it.

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Competition Startup Demand Training 168

TechCrunch LA

JUNE 3, 2022

On Lafayette Street in SoHo, young, fashionable women lined up around the block to enter a minimalist, millennial oasis, the most perfect Instagram feed brought to life. allocate 98% of their funding to startups helmed by men. It’s no wonder, then, how we’ve ended up with the paradox of the “girlboss.” .

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Startup Professionals Musings

MAY 4, 2020

I’m sure you have all seen entrepreneurs and startups with great ideas that never seem to live up to their potential, while others with more mundane solutions seem to take off quickly and never slow down. If you tell me that you have been working on your startup for two years, but can’t quite quantify the progress, I’m not impressed.

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Tech.Co

JUNE 22, 2021

This, of course, is potentially game-changing news for Shopify users. Consumer tech, for example, is a perfect fit for affiliate marketing with 60% of consumers buying electronics on Prime Day 2020. billion on Prime Day 2020 — that's more than the annual GDP of Monaco in just two days. Considering Shopify?

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TechCrunch LA

MARCH 31, 2021

The sweeping infrastructure package put forward today by President Joe Biden comes with a price tag of roughly $2 trillion (and hefty tax hikes) but gives startups and the broader tech industry about $1 trillion worth of reasons to support it. The vast majority of those are nowhere up to modern codes. ” Climate resiliency .

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Startup Professionals Musings

MAY 15, 2020

As an angel investor, I see plenty of startups focusing on building an innovative product, but I’m looking for the few who are also leading with an exponential growth strategy, to put them in the category of the next Amazon or Google. These can easily start new trends, or capitalize on existing ones.

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Startup Professionals Musings

SEPTEMBER 2, 2020

Out of curiosity, I often ask aspiring entrepreneurs like you, who come to me for help, what drives them to take on the workload and risk of a new startup. Of course, drivers have to be backed up by some realities, like necessary resources, adequate skills, relentless determination, and a market of people interested in supporting your dream.

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TechCrunch LA

JANUARY 26, 2022

The company laid off its entire retail staff and closed all its physical locations, including its flagship New York City store, in August 2020.

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Startup Professionals Musings

JANUARY 2, 2021

They are quick to claim the credit for things in their domain that work, but also quick to disclaim responsibility for problems that keep popping up. Communication must be positive and consistent, both up and down the line. Of course, talking and giving orders is no substitute for doing. There is no accountability.

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Startup Professionals Musings

SEPTEMBER 9, 2020

Of course, this all has to start with you having the confidence and conviction that there is at least one solution to every problem, and that you can find it. Team members, including yourself, who are not engaged or determined will ignore problems, or will give up too soon. Then pick the best one.

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Both Sides of the Table

JANUARY 1, 2021

Since it’s January 1st and I know many people are scrambling to put together plans for what to eat I thought I’d just start with a question I know is on many people’s minds, “what should I eat in 2021 to make it healthier than 2020?” Once your daily diet is out the window you might as well sabotage your day and start fresh tomorrow.

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.Net Startup Course Social Media 349

Startup Professionals Musings

SEPTEMBER 25, 2020

Other companies, including Ritz-Carlton , now incent their employees to build real relationships with guests, by authorizing them to spend up to $2,000 per guest to solve an individual concern. This has to start with doing the customer interaction work to isolate the needs and drivers in the market you intend to serve.

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Startup Professionals Musings

SEPTEMBER 4, 2020

I’m not talking here about trying to be a stand-up comic, or weaving theatrical tales. Relate when and where your passion started. In most cases, a new startup idea and plan was driven by a specific personal incident that left you with the conviction that you still have for this opportunity.

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Startup Competition Customer Custom 145

Xconomy

MAY 29, 2020

ASCO 2020 won’t be the Windy City gathering it usually is, but drug and diagnostics developers are still raring to share fresh data from their efforts in cancer immunotherapy, targeted treatments, and early-stage screening methods during the course of the three-day scientific program. While oncology.

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Screening Conference Research Course 67

Both Sides of the Table

APRIL 21, 2020

if you listen you’ll pick up much more than my quick notes below). We talked about what startup CEOs should do in these situations and how to think about these renegotiations. A seed deal hasn’t already been “priced up” to a range where a new investor might be concerned about the valuation relative to performance.

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Startup Professionals Musings

MAY 6, 2020

I’m sure all of you are convinced that your new business will create the next trend and ride the wave to success, but the reality is that most startups fail , so anticipating future trends is clearly harder than it seems. Of course, this vision must be continually tuned by new customer trends and technology arrivals.

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Both Sides of the Table

SEPTEMBER 15, 2022

At our mid-year offsite our partnership at Upfront Ventures was discussing what the future of venture capital and the startup ecosystem looked like. When you look at how much median valuations were driven up in the past 5 years alone it’s bananas. We’ll just wait until companies that last raised in 2019 or 2020 come to market.”

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Venture Capital Marketing Technical Review Seed Funding 416

TechCrunch LA

NOVEMBER 4, 2019

She created and launched an overall brand and a swim collection , then came the book deal ( “This is Not a Fashion Story: Taking Chances, Breaking Rules, and Being a Boss in the Big City” is expected out May 2020). Naturally, the next step in Bernstein’s evolution from blogger to businesswoman was a technology startup.

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Platform Marketing Tool Venture Capital 170

Startup Professionals Musings

JANUARY 27, 2020

As an aspiring entrepreneur, one of the most important things you need is a memorable “ elevator pitch ,” to communicate your startup value proposition and leave a great first impression on friends, investors, employees, and future customers. It’s better to start with a hook than to assume that people will stay with you to hear it at the end.

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Sample Summary Startup Slides 127

Startup Professionals Musings

NOVEMBER 6, 2020

It seems that most of you entrepreneurs I meet in my role as business advisor are convinced that starting a new business requires equity investors, exponential growth, and a plan to go public via IPO. Marty Zwilling First published on Inc.com on 10/23/2020. Use flexibility to match your lifestyle.

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Statistics Equity Satisfaction Entrepreneur 124

Startup Professionals Musings

JANUARY 1, 2021

Of course, any highly emotional and unmanaged conflict can certainly lead to chaos and a dysfunctional organization. To get you started on the right foot, here are the key principles that I see most often working: Make the resolution a part of a larger process. Marty Zwilling First published on Inc.com on 12/15/2020.

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Activity Organization Examples Metrics 145

Both Sides of the Table

APRIL 1, 2020

Just two weeks into it we are just starting to come to grips with what will no doubt wreak big financial, emotional and obviously dire health consequences and suffering for many. Of course that doesn’t change the outcome, but it’s the humane thing to say. And if you have to make these hard decisions, empathy goes a long way.

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Tech.Co

JANUARY 9, 2018

With computer science jobs predicted to increase by 22 percent by 2020 according to the U.S. Near the nation’s capital, Arlington, VA has a thriving startup community that supports female-led companies, startups in STEM, cyber security, defense, and everything in between aimed at improving the status quo.

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Both Sides of the Table

APRIL 18, 2019

The company started the year with no revenue and at it’s peak had a run rate well in excessive of $100 million / year. Of course it takes time to roll out new scooters and replace existing inventory but this is already having a dramatic effect on the underlying business. they were highly visible. Simply put?—?there

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TechCrunch LA

JANUARY 29, 2020

The firm, which underwent a significant restructuring over the last two years, went on an investment tear over the course of 2019 as new partners went out to build up a new portfolio for the firm — almost of a whole cloth. — Dan Primack (@danprimack) January 29, 2020.

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Startup Professionals Musings

JANUARY 4, 2021

After working many years in business, both in large companies as well as startups, I’ve realized that you can learn more from peers and mentors than from any formal education program. Of course, nothing beats learning from your mistakes , but that’s a painful and very time-consuming journey.

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Tech.Co

APRIL 26, 2019

The percentage of employees who are high at work has increased 60% over the past five years, moving up from just 9.7 And when the results are narrowed to the tech industry in particular, that percentage hops up to 16.9 percent to an impressive 15.7 percent) or legalized entirely (16.2 percent).

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Study Technical Review Class Education 120

Both Sides of the Table

MARCH 23, 2015

One of the questions we discussed is, “How much capital should a startup raise?” In his words, [in some instances] “because lots of capital is available, the company takes on the capital and that ends up resulting in no constraints on decision making and so the company decides to do five things in stead of just one.”

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