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Reflections on 2020: Brian Mac Mahon, Expert Dojo

socalTECH

You will be able to get to all of these posts on our 2020 reflections here. 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. They made 45 more investments in 2020.

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6 Lessons Most Entrepreneurs Only Learn On The Street

Startup Professionals Musings

In my role as a mentor to aspiring entrepreneurs, I find that most have the technical challenges well understood, but many are a bit short on some basic street smarts , or basic business realities. Although Elon Musk doesn’t talk about it very much, he owns over 350 patents through Tesla, just one of his many companies.

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6 Drivers For Aspiring Entrepreneurs To Finish School

Startup Professionals Musings

Take advantage of free startup programs and mentors. They provide peer group organizations, usually called incubators, with free resources, practice environments, and outside mentoring that can help you learn and pivot with minimal cost. School mentors, professors, and peers will give you the critical feedback without passing judgment.

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7 Ways Investors Assess Your Focus As An Entrepreneur

Startup Professionals Musings

In my experience as a business mentor, one of the biggest challenges I see is a failure to focus. Here are the key elements that I look for as an entrepreneur mentor, as indications of a top level of focus: Willing to share your personal story to build credibility. Marty Zwilling First published on Inc.com on 05/19/2020.

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5 Tips To Keep Your Startup Productive, Not Just Busy

Startup Professionals Musings

I’m a total believer in servant leadership and mentoring others, but nobody wins when you are in charge as an entrepreneur, and the business fails because you didn’t do your job. There are complex processes, like filing a patent, and financial tools that may be new to you, including Excel and Quickbooks.

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5 Steps To Get You From Your First Idea To A Business

Startup Professionals Musings

Then, he'll need to patent it and create a plan to show opportunity, competition, and financial projections. Marty Zwilling First published on Inc.com on 02/17/2020. I have tried to convince him the general idea alone does not make a business. His challenge is to focus on one market, with a specific design, cost, and price.

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5 Keys to Moving From Entrepreneur Thinking To Action

Startup Professionals Musings

As a mentor to aspiring entrepreneurs, I’m always surprised by the fact that some never seem to be able to that first startup going, while many others never seem to stop, starting their second or third initiative before the first one is fully hatched. Marty Zwilling First published on Inc.com on 06/27/2020.