socalTECH

MAY 4, 2021

Kajabi says it is profitable, and will use the funding to scale its team and build out its products, expand internationally, and explore strategic mergers and acquisitions. Scott Wagner of Tidemark will join the company's board with the funding; Wagner is the former CEO of GoDaddy. Kajabi's CEO and co-founder is Kenny Rueter.

Commerce 113

Commerce Coach Course Equity 113

Startup Professionals Musings

AUGUST 21, 2021

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. Of course, that means a mindset willing to give up much more equity, and taking on a whole new level of risk.

Startup 151

Startup Course Sales Entrepreneur 151

Startup Professionals Musings

APRIL 28, 2023

Entrepreneurs seem to have blinders on when looking at competitors. Let market response dictate a later split, merger, or acquisition. No entrepreneur has all the insights they need, and none should be so arrogant as to assume they hold all the cards. Longer term, when ready, it may be time for merger or acquisition.

Startup 105

Startup Outsource Competition Entrepreneur 105

Startup Professionals Musings

JANUARY 9, 2021

Once an entrepreneur, always an entrepreneur. Although many won’t admit it, true entrepreneurs can’t wait to exit their current startup, and build a new and better one with their next great idea. At minimum, you need to get an exit advisor to keep you on course. Set your startup health gauges and use them.

Startup 173

Startup Entrepreneur Metrics Acquisition 173

SoCal CTO

MARCH 1, 2010

Startup Killer: the Cost of Customer Acquisition | For Entrepreneurs , February 2, 2010 Looks at the critical equation around customer acquisition cost vs. customer lifetime value similar to what I discussed in Startup Metrics but in more depth. Great stuff. This post looks at the implementation details of HTML 5 video.

Pricing 150

Pricing Acquisition Customer Custom 150

Startup Professionals Musings

JANUARY 21, 2017

Being called a lifestyle entrepreneur should be a point of pride, not an insult. Of course, even lifestyle entrepreneurs want to be happy, and want their business to be “successful.” I’m told that Mark Zuckerberg of Facebook started out as a lifestyle entrepreneur. It seems that more people are focused on money today.

Entrepreneur 69

Entrepreneur Startup Equity Course 69

Startup Professionals Musings

JUNE 3, 2015

The best part of being an entrepreneur is having the independence to make your own decisions, the flexibility for a better work/life balance, and personal satisfaction from driving change. The road to business success is filled with challenges and frustrations that most aspiring entrepreneurs never even imagined.

Entrepreneur 111

Entrepreneur Search Engine Optimization Satisfaction Social Media 111

socalTECH

OCTOBER 2, 2012

We thought it might be interesting to talk with one of the fund's managing directors, Jeb Spencer about the fund's success in technology investments, plus how it managed to raise another fund in this kind of environment, plus its unique goal of getting companies to an acquisition--and not an IPO.

Acquisition 168

Acquisition Software Review Technical Review Equity 168

Startup Professionals Musings

MARCH 18, 2012

I’ve noticed that some entrepreneurs seem to have no trouble attracting investors, while others with a great business plan struggle with it. On the top line, angel investors look to invest in entrepreneurs that have an almost unwavering passion and sense of urgency. In the business, this is commonly called “fire in the belly.”

Entrepreneur 117

Entrepreneur Technical Review Course Patents 117

Startup Professionals Musings

JULY 3, 2015

The visibility of Google, Facebook and a few others continues to propagate the myth that the ultimate objective of every entrepreneur should be to take their startups public via an initial public offering at the earliest opportunity. Even with private equity and private acquisition transactions, control stays internal to the principals.

Entrepreneur 98

Entrepreneur Startup Report Statistics 98

InfoChachkie

JUNE 4, 2012

As an entrepreneur, I helped create companies which achieved two IPOs and two trade sales totaling $385 million. What matters is how effectively you change course after each mishap. “Learn from the mistakes of others. You can’t live long enough to make them all yourself.”. During those same 15-years, I made innumerable mistakes.

Entrepreneur 272

Entrepreneur Outsource Ideas Technical Review 272

Startup Professionals Musings

JULY 19, 2014

Of course you want your customer to come back, but the best ones also become your evangelists in bringing their friends to you, and broadcasting their positive experiences to the world through social media. This is a key moment where your customer acquisition costs go way down, and your profits go way up. Marty Zwilling.

Customer 98

Customer Custom Entrepreneur Startup 98

Berkonomics

DECEMBER 27, 2018

After speaking with many entrepreneurs over the years, each defines success in his or her. We all see the examples of well-known successful entrepreneurs, many in our chosen field, who achieve success by anyone’s measure, and we optimistically expect to emulate these role models with at least some level of success. unique way.

Startup 120

Startup Entrepreneur Course Email 120

Berkonomics

DECEMBER 27, 2018

After speaking with many entrepreneurs over the years, each defines success in his or her. We all see the examples of well-known successful entrepreneurs, many in our chosen field, who achieve success by anyone’s measure, and we optimistically expect to emulate these role models with at least some level of success. unique way.

Startup 120

Startup Entrepreneur Course Email 120

Startup Professionals Musings

SEPTEMBER 14, 2022

With the current volatile economy, as an active startup mentor, I’m seeing a new surge of entrepreneurs and startups, with the commensurate scramble for funding. This approach is thus not viable for entrepreneurs already out of money. Increased jeopardy and less fun for the entrepreneur. Yet reverse mergers are not all bad.

Funding 104

Funding Summary Entrepreneur Acquisition 104

Both Sides of the Table

AUGUST 2, 2014

Of course it’s a universal lesson and one that I’m doomed to learn over and over. What about when an acquisition takes place? He told me, “Of course you’re right on facts. They are great entrepreneurs and let’s just make sure we work with them in the future.” And I lost twice.

Venture Capital 346

Venture Capital Course Startup Examples 346

Startup Professionals Musings

OCTOBER 30, 2022

Of course you want your customer to come back, but the best ones also become your evangelists in bringing their friends to you, and broadcasting their positive experiences to the world through social media. This is a key moment where your customer acquisition costs go way down, and your profits go way up.

Customer 146

Customer Custom Startup Course 146

InfoChachkie

JANUARY 16, 2018

Greathouse: Your collective experiences have clearly made bootstrapping a viable option for you, more so than might be the case for a typical, younger entrepreneur who needs more direction, doesn’t have cash discipline, etc. Metrics related to customer acquisition, lifetime value and churn.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

Berkonomics

NOVEMBER 19, 2020

Back when we were all trying to figure out the real value of traffic on the web, investors – and acquiring companies – got a bit crazy with metrics used to value acquisitions and investments. Bringing us to today – Viewers or profit? Great revenue projections from a small user base lead to worries over sustainability.

Metrics 296

Metrics Sites Advertising Web 296

Startup Professionals Musings

MARCH 12, 2022

In my experience as an angel investor to startups, goodwill disagreements are perhaps the most common reason that you will fail to close interested investors as an entrepreneur. The same goes for business deals that fail during acquisitions or when it is time for you to retire. Quality of your technical and business teams.

Technical Review 147

Technical Review Social Media Entrepreneur Startup 147

Both Sides of the Table

APRIL 26, 2016

Perhaps the most misused terms I see these days from entrepreneurs involve CAC (customer acquisition costs) and LTV (life time value) and a lack of understanding these critical components is driving many companies to premature failure. So I spend an inordinate amount of time with entrepreneurs focused on payback. End of story.

Metrics 150

Metrics Startup SaaS Course 150

Startup Professionals Musings

AUGUST 1, 2020

Entrepreneurs seem to have blinders on when looking at competitors. Let market response dictate a later split, merger, or acquisition. No entrepreneur has all the insights they need, and none should be so arrogant as to assume they hold all the cards. Longer term, when ready, it may be time for merger or acquisition.

Startup 126

Startup Outsource Competition Acquisition 126

InfoChachkie

DECEMBER 9, 2010

Your opinion of entrepreneurs is likely rooted in your understanding (or lack thereof) of the source of wealth. Fortunately, enlightened entrepreneurs during the latter half of the 20th century did not share Alinsky’s dogmatic “means justify the ends” philosophy. If you haven’t already subscribed yet, subscribe now for.

Entrepreneur 190

Entrepreneur Los Angeles Demand Organization 190

Startup Professionals Musings

OCTOBER 27, 2010

I’ve noticed that some entrepreneurs seem to have no trouble attracting investors, while others with a great business plan struggle with it. On the top line, angel investors look to invest in entrepreneurs that have an almost unwavering passion and sense of urgency. In the business, this is commonly called “fire in the belly.”

Entrepreneur 96

Entrepreneur Angel Technical Review Course 96

InfoChachkie

JULY 14, 2009

Hint: He was an entrepreneur. The same is true of entrepreneurs. Entrepreneurship is so highly valued in the Western World that some people try to convince themselves that they are an entrepreneur, when in fact they would be better off at a Big Dumb Company (“BDC”). Entrepreneur Does Not Equal Inventor.

Entrepreneur 153

Entrepreneur Ideas Writing Startup 153

InfoChachkie

AUGUST 4, 2014

If you could share one startup lesson with a young entrepreneur, what would it be? So I ask prospective new entrepreneurs, ''What is it specifically that you can bring to the industry?'' How has this reality impacted your customer acquisition strategies? Even busy entrepreneurs need to take a break and recharge.

Entrepreneur 187

Entrepreneur Startup Social Media Resource 187

InfoChachkie

DECEMBER 9, 2010

Your opinion of entrepreneurs is likely rooted in your understanding (or lack thereof) of the source of wealth. Fortunately, enlightened entrepreneurs during the latter half of the 20th century did not share Alinsky’s dogmatic “means justify the ends” philosophy. If you haven’t already subscribed yet, subscribe now for.

Entrepreneur 173

Entrepreneur Class Los Angeles Organization 173

Startup Professionals Musings

AUGUST 13, 2022

I still have to tell some entrepreneurs that even with the best idea, they have to move to Silicon Valley to find the investors they need, or they need to move to the U.S. Of course, there are always exceptions, but how much added risk do you need for your startup? Wessel measures a 39% acquisition advantage to being in-state.

Technical Review 123

Technical Review Oracle Software Review Ideas 123

Startup Professionals Musings

DECEMBER 8, 2019

With the current strong economy, as an active startup mentor, I’m seeing a new surge of entrepreneurs and startups, with the commensurate scramble for funding. This approach is thus not viable for entrepreneurs already out of money. Increased jeopardy and less fun for the entrepreneur. Being a public company isn’t cheap or easy.

Summary 121

Summary Startup Entrepreneur Funding 121

Startup Professionals Musings

JULY 2, 2016

Most entrepreneurs avoid setting up a board of directors for their new business unless or until they sign up an investor who demands a seat on the board. Of course, if the board is set up or used incorrectly, the impact can indeed be more negative than positive. In my view, nothing could be further from the truth.

Entrepreneur 58

Entrepreneur Startup Mentor Writing 58

InfoChachkie

DECEMBER 29, 2010

Entrepreneurs should maintain a like level of enthusiasm when operating their adVentures. Not surprisingly, entrepreneurs tend to be more optimistic than the general populace. However, as described in Are You An Entrepreneur? Strategic planning at a startup is guided by entrepreneurs’ innate optimistic pessimism.

Entrepreneur 193

Entrepreneur Course Startup Ideas 193

Both Sides of the Table

NOVEMBER 18, 2012

It’s what life was like as an entrepreneur. But this is nothing like the stress of being an entrepreneur. What’s it really like being an entrepreneur? You probably follow some high-profile entrepreneurs on Instagram and Twitter and see conference pictures of them in Davos, Mexico, Monaco or wherever.

Blogging 420

Blogging Press Entrepreneur Venture Capital 420

Startup Professionals Musings

SEPTEMBER 30, 2012

Many entrepreneurs still dream of “going public,” making billions of dollars, and playing with the big boys. With the more popular Merger & Acquisition (M&A) exit strategy, the control stays with the new entity. Consider the recent example of Facebook and Mark Zuckerberg.

Entrepreneur 95

Entrepreneur Startup Report Summary 95

Startup Professionals Musings

AUGUST 7, 2021

Most entrepreneurs avoid setting up a board of directors for their new business unless or until they sign up an investor who demands a seat on the board. Of course, if the board is set up or used incorrectly, the impact can indeed be more negative than positive. In my view, nothing could be further from the truth.

Startup 145

Startup Entrepreneur Mentor Writing 145

InfoChachkie

DECEMBER 29, 2010

Entrepreneurs should maintain a like level of enthusiasm when operating their adVentures. Not surprisingly, entrepreneurs tend to be more optimistic than the general populace. However, as described in Are You An Entrepreneur? Strategic planning at a startup is guided by entrepreneurs’ innate optimistic pessimism.

Entrepreneur 185

Entrepreneur Course Startup Ideas 185

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. If your passion is customers, you definitely will be happier as a lifestyle entrepreneur.

Statistics 124

Statistics Equity Satisfaction Entrepreneur 124

InfoChachkie

OCTOBER 27, 2010

Entrepreneurs who experience promising initial success also play a similar game. The company was approached by a Big Dumb Company (BDC) who made a nominal acquisition offer within months of the company’s founding. Mark Suster, an entrepreneur and investor I deeply respect, wrote a very thoughtful entry on this subject here.

Entrepreneur 124

Entrepreneur Venture Capital Acquisition Pricing 124