This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Techstars LA, the startup accelerator headed up by Matt Kozlov, announced its 2021 class this week, drawing an international group of twelve new companies to its startup accelerator in Culver City. Companies this year in the program come from as far as Canada, India, and Ukraine.
The message I hear publicly from most entrepreneurs is that you have to think outside the box and take big risks to ever beat the odds and be among the less than ten percent that experience real success. Serious entrepreneurs will privately admit the business is first, and the family second. All risks are not the same.
In my role as mentor to business professionals, I often get the question about your potential of going out on your own as an entrepreneur, versus your current role of working for a boss at an established company. If you enjoy wearing many different hats and are constantly learning new skills, you will get more satisfaction as an entrepreneur.
Saturday, May 8, 2021 -- LAVA: First Time Entrepreneur Training Seminar. Speaker: Matthew Crowley, Crowley Corporate Legal Strategy. Matthew Crowley is a former president and board member of LAVA. He has written two books in the field and is also an adjunct professor at Loyola Law School, teaching venture law.
As an entrepreneur mentor, my mission is to foster the attributes in you as a startup founder that I believe will lead to success. For example, I worked with an entrepreneur a while back who was clearly intelligent, had a great idea, and communicated well. I sometimes find entrepreneurs who highlight that their strength is “ideas.”
In my role as mentor to many of you aspiring entrepreneurs, I often find you convinced that all you need to start is a unique innovation or idea , and now you are ready to jump in with both feet and enjoy the ride. Remember that being an entrepreneur is all about starting and running a business, after the initial invention.
The rate of new entrepreneurs increased between 2013 and 2021, from 280 to 360 out of 100,000 of the adult population. Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever.
In response to VCs’ sudden rush to invest in more Black founders , Black venture capitalists and entrepreneurs have penned a bunch of advice on the best way to tap into talent. The program is expanding to Chicago in 2021, the blog post notes. Among the strategies? Team up with Black firms already doing the work.
What are you most looking forward to in the technology/startup world in 2021? For the tech/startup ecosystem in SoCal, I am looking forward to continued momentum in addressing Diversity, Equity and Inclusion in the workforce and support for emerging entrepreneurs.
In a year filled with challenging news, we were fortunate (across Archer Venture Capital and Liquid Stock) to have some high quality exits in our portfolio, but moreover to see how our amazing entrepreneurs successfully managed the disruption caused by COVID-19. What are you most looking forward to in the technology/startup world in 2021?
I just finished a new book, “ Backable ,” by Suneel Gupta with Carlye Adler, which solidifies my belief than anyone can learn to be perceived as more credible and persuasive, and it’s a skill that every entrepreneur and business professional needs to master. Marty Zwilling First published on Inc.com on 03/01/2021. I can easily relate.
Based on my experience as a business advisor, I’m convinced that most startup investors invest in the entrepreneur, as much as a solution or product. The attitude of taking nothing for granted, of disbelieving the conventional wisdom, of challenging the way things are done, is essential for a winning entrepreneur.
With the advent and growth of crowdfunding over the past few years, many entrepreneurs have predicted the demise of those demanding angel investment groups and venture capital organizations. These groups are now largely run by volunteers at no cost to entrepreneurs. Lack of checks and balances on startup valuations.
Wednesday, June 23, 2021 -- Viterbi Startup Garage: Oceanside Chat: Cleantech 2.0: What Every Entrepreneur Needs To Know. Who: Aaron Fyke (Founder and Managing Partner of Thin Line Capital). The opportunities in this industry are bigger than any other industry, but the challenges of getting new technologies to market have been many.
Wednesday, July 28, 2021 -- Viterbi Startup Garage Oceanside Chat. Join Genevieve LeMarchal at the next Oceanside Chat at USC Viterbi Startup Garage to learn the most common areas that entrepreneurs overlook when seeking their first round of equity funding. Crossing the fundability gap + Summer Smasher Student Showcase.
E-commerce is booming, but among the biggest challenges for entrepreneurs of online businesses are finding a place to store the items they are selling and dealing with the logistics of operating. The company plans to end 2021 with eight locations, in particular eyeing the Denver, Seattle and Los Angeles markets.
In my role as advisor and mentor to many new entrepreneurs, I often find myself suggesting that they think bigger. We all are excited to hear real innovation, and struggle daily to increase every potential entrepreneur’s scope of thinking. For example, smart entrepreneurs look for recognizable patterns in disconnected domains.
Based on my own years of experience in startups and big business, and more recently as an angel investor, I often cringe when I see one of you entrepreneurs missing a cue that I have seen work for many before you. A passionate entrepreneur I met a while back had found that a certain algae could be grown cheaply, and could end world hunger.
As a long-time mentor to new entrepreneurs and business owners, I have noticed that many no longer associate more fulfillment and satisfaction with more money, power, and success. It seems that fulfillment to these new entrepreneurs is all about changing the world and legacy. Marty Zwilling First published on Inc.com on 01/20/2021.
Most aspiring entrepreneurs I know are just waiting for that unique idea to strike them that will kickstart their new venture, put them in control of their lifestyle, achieve financial independence, and maybe even change the world. Your legacy may be that of a serial entrepreneur, or an industry giant and world-wide leader.
Every entrepreneur and every business I meet in my consulting and mentoring role has great intentions of bringing real innovation to the market, yet I find that most ideas are merely small extensions to existing solutions. On the other end of the spectrum, entrepreneurs are quick to propose one more feature that they can do easily.
Stern is a German entrepreneur who the lawsuit also lists as a friend of Stefan Krause. The first cars are slated to appear on the road by 2021. The company was founded in late 2017, after a meeting in Hong Kong with Pak Tam “David” Li and David Stern, who would become investors in Canoo, according to the lawsuit.
We made 7 investments in SoCal founders in our first year (out of 8 total), and even the 1 exception has deep SoCal ties and we hope to relocate her here in 2021. We know that California has seen some criticism for a variety of reasons, but we're believers that SoCal's next decade will be an incredible one for innovation and entrepreneurs.
Yet in my experience on both sides of this equation, I find that many aspiring entrepreneurs focus only on the best idea , assuming that it will attract the right investors. Investors love entrepreneurs who come across as constantly on the lookout for new ideas, and able to grasp the larger implications for market change.
As a logical and data-driven business advisor, I have long focused on facts, technology, and quantifiable pain in guiding entrepreneurs. I still find entrepreneurs who are passionate about doing good and satisfying customers, but forget to focus on a business model that generates a financial return.
In my experience as an angel investor for new startups, I’m always surprised by how many entrepreneurs are looking for funding without outside advisors. For example, I once was approached by an entrepreneur, passionate that his new algae strain would cure world hunger and make him rich. Bandwidth is a constraint we all feel.
What are you most looking forward to in the technology/startup world in 2021? We are extremely focused on these regions in our hunt for Unicorns in 2021. We intend to double down on investing in 2021 with 2 investments a week planned. We have had great traction in India, Afrida and the MENA region.
Yet as a business advisor I am convinced that making the jump from a startup to a the next unicorn takes a different mindset, and actions most entrepreneurs are reluctant to face. In my experience, less than half of founding entrepreneurs even aspire to stay and scale their company. Switch your focus from product development to sales.
As an advisor to many entrepreneurs, I still hear frequently the irrational exuberance that crowdfunding is the quick alternative for startups that are passed over by overly demanding angels or venture capital investors. Thus crowdfunding is clearly not the panacea for funding and success that many entrepreneurs envision.
That ability to “ see around the next corner ” seems to be limited to a very few entrepreneurs, such as Steve Jobs and Elon Musk. Too many entrepreneurs I know surround themselves with “yes” people, or they are simply convinced that working alone gives them the best answers. Marty Zwilling First published on Inc.com on 11/10/2021.
The next thing that entrepreneurs need to realize is that the process and framework for making social media marketing work are different from traditional marketing, and trial and error certainly doesn’t work. See some recent examples in the 10 of the Top Social Media Campaigns of 2021.
Constance Curtis: I have been a successful entrepreneur for the past thirteen years. At that time, I didn't know it would cost me $14,000 to hire my own personal matchmaker, and leaving my first meeting when I learned that, and being an entrepreneur, I realized I had identified a huge problem. How did you start the company?
As an advisor to many startups today, I still see that most of you entrepreneurs see yourselves as the sole driver of your new solution, and the key driver of your new business. As your business grows from a startup to a sustainable business, you too have to grow from an entrepreneur to a business leader.
As a long-time business advisor, and an investor in startups along the way, I’m always on the lookout for an entrepreneur who is responding first to a problem in the marketplace , rather than bringing a new technology to the market, assuming it will find a problem to solve. Marty Zwilling First published on Inc.com on 08/24/2021.
The recent pandemic was a strong signal for change, and I see most of you entrepreneurs and business owners responding to the business changes required and new opportunities presented. I have found that today new entrepreneurs are much more likely to respond to changes in the marketplace, especially weak ones.
With the ITRC 2021 End-of-Year Data Breach Report revealing a 68 percent increase in stolen sensitive personal information, there is a growing population out there worried about all the people intent on hurting them. Internet users need to start watching out for themselves, like looking both ways before you cross the street.
As a long-time advisor to new entrepreneurs here in the USA, I’ve long been impressed with the number that come here from other countries, and the positive traits that most of these seem to bring with them. Aspiring entrepreneurs need to all understand that starting a business is not for short-term returns.
After all, Glossier’s founder and CEO Emily Weiss is very, very far from the first entrepreneur to profit off of our desire to look good. Despite the prevalence of the “girlboss” in pop culture, the reality on the ground for women entrepreneurs has played out much differently. And who cares?
In the eyes of investors like me, to be an entrepreneur, it’s not enough to create an innovative solution – you need to convince me that you can build a profitable business. Great entrepreneurs like Elon Musk are always talking about their next venture to another planet, underground transportation, or electric vehicles.
Thus I recommend to every business owner and entrepreneur that you focus constantly on building and maintaining personal trust through the following strategies: Use storytelling to highlight previous trustworthiness. Marty Zwilling First published on Inc.com on 05/11/2021. Avoid over-commitment and under-delivery.
In my experience, many entrepreneurs rely too much on the perspective of a trusted advisor, or try to emulate a competitor who is getting attention. The challenge is how to develop that self-leadership in every aspiring entrepreneur and business professional role. Marty Zwilling First published on Inc.com on 09/21/2021.
As a long-time business advisor and mentor to entrepreneurs, I consistently find that the most thriving businesses are people-centric, and those team members create the best processes, rather than the other way around. Marty Zwilling First published on Inc.com on 01/15/2021.
Almost every entrepreneur and new business owner I mentor is certain that his/her idea has a very high probability of success, and all find it hard to believe that ninety percent of startups ultimately fail. I once met with an entrepreneur who had developed a new algae strain to cure world hunger and make him rich.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content