article thumbnail

1st Mondays March 2023 Recap & Pictures

Startup San Diego

The post 1st Mondays March 2023 Recap & Pictures appeared first on Startup San Diego. Startup News

article thumbnail

10 Keys To More Satisfaction In Your Business In 2023

Startup Professionals Musings

You’ve probably already made your resolutions for 2023, but if not, I suggest a renewed commitment to finding happiness and satisfaction in your chosen business lifestyle. Make your resolution today to keep the long road ahead in 2023 a satisfying one.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Insights: Tony Greenberg: Three Predictions for 2023

socalTECH

For our Insights and Opinions section today, we have Three Predictions for 2023: Decentralization Now, Post-Speculation, and Surviving Irrational Markets (from Tony Greenberg) The death of decentralization-washing is key to the great decoupling Net cash inflows into the market shift from speculation to revenue -- and determine winners Markets continue to stay irrational longer than you can stay solvent -- so everyone needs help. 2023 predictions feature insights greenberg tony

.Net 100
article thumbnail

Recurring revenues: Oil or glue?

Berkonomics

Some types of businesses generate more and more recurring revenues over time, often growing to a size where recurring revenues pay all of the overhead of the company – an enviable position. The surprising recurring revenue trap.

.Net 296
article thumbnail

Are you still flexible enough to be coached?

Berkonomics

Why should we ask this question?

Coach 156
article thumbnail

Where is your personal finish line? ?

Berkonomics

Here is one very personal question. “Have you figured out what you want to have, or to be, when you reach the end of your personal run in this business life?” It is a fair question to ask.

Course 156
article thumbnail

Hackers claim ransomware attack on Los Angeles housing authority

TechCrunch LA

The Housing Authority of the City of Los Angeles, or HACLA, has confirmed it is investigating a cybersecurity incident shortly after the LockBit ransomware gang claimed responsibility for a cyberattack on the agency.

article thumbnail

Sell at the top? Avoid the race to zero!

Berkonomics

When do you sell your company? Obviously, we all want to sell at the top. And there is the problem. How do you know when you are at or near that right point to sell for maximum value?

Pricing 156
article thumbnail

About personal use of corporate assets

Berkonomics

Here’s the IRS take on the issue: It is no secret that the IRS carefully looks below the surface for personal use of company assets (including cash) in its corporate income tax audits.

article thumbnail

You name the price; I’ll name the terms.

Berkonomics

I admit that my dad taught me this when I was just a fifteen–year old kid starting a business and negotiating with suppliers for the first time. But I learned it again and again in my various business lives. Here’s a striking example.

Pricing 156
article thumbnail

Is your strategic partnership just a glorified press release?

Berkonomics

Celebrating that strategic partnership Many of us make it a priority to find and partner with companies that can add to our offering or extend our reach. And we rightly celebrate each such pairing, often with a mutual press release. And sometimes that’s all we end up doing.

Press 156
article thumbnail

Can you get to the right person when you need to?

Berkonomics

Can your contact solve real-world issues? I recently experienced an amazing effort of outreach by a vice president of a large national customer asking for a meeting with the product development team of a critical supplier, one of “my” companies.

Customer 156
article thumbnail

7 Secrets To Positioning Competition For Constituents

Startup Professionals Musings

Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements to their own team, to investors, and even to customers.

article thumbnail

What can we learn from the non-profit world?

Berkonomics

In the non–profit world, the term, “time, talent and treasure” has been used so often it is almost at the edge of being trite. It’s used in that arena to describe a volunteer’s sacrifice in support of the non–profit enterprise.

Resource 156
article thumbnail

8 Lessons For Entrepreneurs On Pitching To Investors

Startup Professionals Musings

As an advisor to entrepreneurs and active angel investor, I often get questions about the realism of the Shark Tank TV series, compared to professional investor negotiations. The simple answer is that with all the staging of TV lights and billionaire investors, it’s nothing like Silicon Valley.

article thumbnail

Waymo to test driverless rides with employees in Los Angeles

TechCrunch LA

Waymo will begin testing its autonomous Jaguar I-Paces without a human safety operator in Los Angeles in the next couple of weeks. This is the company’s next step on its path to commercializing robotaxi services in its second California city.

article thumbnail

Looking to be acquired? Think the 10/40 or 20/20 rules.

Berkonomics

Public companies looking to acquire your growing enterprise usually have a few financial measures that help them weed out those candidates that will be too expensive in terms of effort or of too little financial attractiveness.

.Net 156
article thumbnail

8 Keys To Starting A Venture With Minimal Equity Loss

Startup Professionals Musings

If you really want to start a business your way without a boss or professional investor hovering over you, then just fund it yourself or through friends and family, and grow it organically. It’s more possible to bootstrap today than a few years ago, as the cost of entry continues to go down.

Equity 136
article thumbnail

6 Startup Lessons Learned By Passionate Entrepreneurs

Startup Professionals Musings

Over my many years of mentoring aspiring entrepreneurs and business professionals, I often hear a desire to start a new business, with a big hesitation while waiting for that perfect idea and perfect alignment of the stars.

article thumbnail

8 Entrepreneurship Principles For Anticipating Change

Startup Professionals Musings

Aspiring entrepreneurs who rely only on traditional learning vehicles (teachers, classrooms, and risk-free practice) are doomed to failure in anticipating change today.

article thumbnail

6 Reasons To Disclose Your Startup Idea Before Commit

Startup Professionals Musings

Savvy entrepreneurs start testing their ideas on potential customers even before the concept is fully cooked.

Ideas 111
article thumbnail

8 Signs Of A New Business Initiative And Not A Hobby

Startup Professionals Musings

As a startup investor, I often see business proposals looking for funding that really look like expensive hobbies looking for donations.

Outsource 111
article thumbnail

5 Steps To Finding The Best Investor For Your Startup

Startup Professionals Musings

Even though the color of their money is always green, all startup investors are not the same. Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors.

Innocal 134
article thumbnail

10 Ways To Make Your Funding Pitch More Hard-Hitting

Startup Professionals Musings

The average length of a funding pitch to angel investors is ten minutes. Even if you have booked an hour with a VC, you should plan to talk only for the first fifteen minutes.

Slides 144
article thumbnail

8 Strategies To Maximize Team Trust In Your Business

Startup Professionals Musings

As I have learned through my career in business, as well as years of business consulting, team trust in each other, as well as management, is critical to the long-term success of every venture.

article thumbnail

5 Pitfalls to Avoid When Transforming Your Business

Startup Professionals Musings

No matter how well your business seems to have worked for you up to this point, you can be certain that it will need to be heavily transformed for tomorrow’s new world-wide economy and no industry sector boundaries.

Outsource 136
article thumbnail

9 Point Checklist For Success In People Communication

Startup Professionals Musings

Every business professional and entrepreneur believes they are good communicators, but how do they know? It’s really the perception of the recipients that counts, and poor communicators are almost always poor listeners, so they don’t hear the shortcomings.

Class 140
article thumbnail

8 Strategies To Capitalize On Untapped Global Markets

Startup Professionals Musings

In my experience, the Silicon Valley startup model, focused on disrupting established industries, has treated the USA well and created some great global businesses.

Capital 134
article thumbnail

9 Popular Startup Business Model Variations For Scale

Startup Professionals Musings

Every new business quickly realizes that revenue coming in every period on a committed basis is the Holy Grail to survival and growth. Based on traditional research, getting new customers is five to ten times harder than getting additional revenue from existing customers.

Netflix 114
article thumbnail

Every New Venture Needs A Product And A Business Plan

Startup Professionals Musings

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan.

Product 108
article thumbnail

10 Common Startup Mistakes That Are Rarely Admitted

Startup Professionals Musings

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality.

Writing 121
article thumbnail

7 Mindsets for Succeeding as an Aspiring Entrepreneur

Startup Professionals Musings

Every business professional I know, or have met in my consulting role, has given serious thought to the alternative of switching to the entrepreneur lifestyle , pursuing a long-standing dream, and controlling their own destiny.

article thumbnail

10 Tips To Ensure That Your New Venture Is Investable

Startup Professionals Musings

Investors will tell you that they love to put money into startups that are scalable, and ready to become the next unicorn. But what does that really mean? Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost.

Tips 132
article thumbnail

9 Communication Risks That Jeopardize Your Business

Startup Professionals Musings

Every business communication you initiate, both internal and external, involves some risk to your credibility, has legal implications, and may impact your relationship with peers.

Coach 106
article thumbnail

7 Strategies For Accelerating Growth In Your Business

Startup Professionals Musings

The military has long recognized that machine guns are force multipliers for rifles, but businesses have been slow to capitalize on this concept. Sometimes all the planning in the world isn’t enough for business survival, when things change as fast as they do today.

article thumbnail

4 Initiatives To Escape The Perils Of Linear Thinking

Startup Professionals Musings

Why do a few entrepreneurs, like Steve Jobs and Elon Musk, seem to come up with all the real innovations, while the majority of business leaders seem stuck in the rut of linear thinking?

Tool 124
article thumbnail

8 Potential Entrepreneur Assists From Your Alma Mater

Startup Professionals Musings

Most aspiring entrepreneurs look to their alma mater, or any university, as a source of classes that can help them, but neglect to think outside the box or take advantage of all the other resources to be found there.

article thumbnail

5 Roadblocks To An Excellent Culture In Your Business

Startup Professionals Musings

As a business consultant, I see many different employee cultures, from exciting and motivational, to dysfunctional and non-productive. Company leaders, as well as front-line team members usually realize when they have a problem, but most have no idea what is possible or how to change the culture.

Metrics 113
article thumbnail

7 Considerations In Choosing A Startup Funding Source

Startup Professionals Musings

Too many entrepreneurs tell me they are looking for an investor, and can’t differentiate between venture capital (VC) investors versus accredited angel investors. They argue that the color of the money is the same from either source.

Funding 93
article thumbnail

7 Ways To Elevate Your Team Connection And Leadership

Startup Professionals Musings

Entrepreneurs need to be effective team leaders, since no one can transform an idea into a product and a business without some help. Unfortunately many founders I work with as a mentor are experts on the technical side, but have no insight into leading a team.

article thumbnail

Maintain Your Startup Motivation While Working Harder

Startup Professionals Musings

Many experts are certain that successful entrepreneurs are the ones with the most inspiration (passion and dream), while others will assert that it’s about more perspiration (working harder). In my experience, both are always required in heavy doses.

article thumbnail

10 Strategies Of Professionals Who Love What They Do

Startup Professionals Musings

As an experienced business professional and mentor, I find that most successful peers will admit that they love what they do. From all the rest, I often hear the complaints about lack of motivation, boring job assignments, and bad management.

Coach 107
article thumbnail

6 New Venture Ending Alternatives You May Contemplate

Startup Professionals Musings

The last thing a new entrepreneur wants to think about for a new startup is how it will end. Yet one of the first things a potential equity investor asks about is your exit strategy.