Startup Professionals Musings

JULY 1, 2020

Every entrepreneur I know finds it a challenge to balance the joys of entrepreneurship against a set of frustrations they never anticipated. The norm for entrepreneurs is to be optimistic on revenue projections, and miserly on funding needs.

Entrepreneur 122

Entrepreneur Startup Course Examples 122

Startup Professionals Musings

NOVEMBER 17, 2012

Startups are usually so focused on selling more of their branded product or service to their own customer base (organic growth) that they don’t consider the more indirect methods (non-organic growth) of increasing revenue and market share. An example of a startup which used non-organic growth early and effectively was Microsoft.

Entrepreneur 99

Entrepreneur Organization Startup Competition 99

Startup Professionals Musings

JULY 26, 2010

Startups are usually so focused on selling more of their branded product or service to their own customer base (organic growth) that they don’t consider the more indirect methods (non-organic growth) of increasing revenue and market share. An example of a startup which used non-organic growth early and effectively was Microsoft.

Acquisition 85

Acquisition Startup Organization Competition 85

Startup Professionals Musings

OCTOBER 14, 2022

The key elements of leadership in a company, both individual and organizational, are less tangible, but very critical in setting a market value for investment, acquisition, or going public. For startups, the entrepreneur and founder is almost always the face of the company. Focus on talent and people growth.

Technical Review 129

Technical Review Funding Organization Coach 129

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.” Of course, that doesn’t dilute the owner’s equity, but it may well limit you to organic growth, versus international rollouts and acquisition options.

Entrepreneur 69

Entrepreneur Startup Equity Course 69

Startup Professionals Musings

JULY 17, 2017

What they should be doing is hiring only “entrepreneurs,” meaning people who think and act as if this is their own business. This commitment to hire people who think like entrepreneurs, or instill an “owner’s mindset” in every employee, should be a high priority in every business. Sales will be the organization’s sole focus.”

Entrepreneur 69

Entrepreneur Startup Training Sales 69

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

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. 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.

Startup 151

Startup Course Sales Entrepreneur 151

InfoChachkie

JUNE 4, 2012

As an entrepreneur, I helped create companies which achieved two IPOs and two trade sales totaling $385 million. Fallacy: Most large organizations are driven by the fear of loss, rather than hope of gain. “Learn from the mistakes of others. You can’t live long enough to make them all yourself.”. Grant Exclusivity.

Entrepreneur 272

Entrepreneur Outsource Ideas Technical Review 272

Startup Professionals Musings

APRIL 23, 2022

What they should be doing is hiring only “entrepreneurs,” meaning people who think and act as if this is their own business. This commitment to hire people who think like entrepreneurs, or instill an “owner’s mindset” in every employee, should be a high priority in every business. Sales will be the organization’s sole focus.”

Startup 134

Startup Training Sales Entrepreneur 134

InfoChachkie

MAY 5, 2016

Given TimeHop’s failed experiment, I was especially intrigued when I learned that a team of a dozen remote entrepreneurs hack the typical corporate structure and creates a company that generated nearly $100 million in revenue. Two Virtual Organizations That Worked. You can watch Dan’s entire talk here. Share and Enjoy.

Entrepreneur 100

Entrepreneur Santa Barbara Email Outsource Development 100

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. I recommend you work only with financial and broker organizations who have done the due diligence required, and who have a track record of success. Marty Zwilling.

Funding 104

Funding Summary Entrepreneur Acquisition 104

Startup Professionals Musings

OCTOBER 15, 2021

With the pace of change ever escalating, entrepreneurs today can’t afford to acquire talent through traditional hiring alone, and need to revise the perception that “talent” is only full-time office employees. Conventional hiring strategies usually follow a vanilla approach to talent acquisition. More than 40% of U.S.

Demand 143

Demand Training Outsource Development Organization 143

InfoChachkie

DECEMBER 9, 2010

Community Organizer Saul Alinsky categorized people into three classes; (i) the Haves, (ii) the Have A Little, Want Mores and, the (iii) Have Nots. Your opinion of entrepreneurs is likely rooted in your understanding (or lack thereof) of the source of wealth. Mr. Alinsky preached that wealth was relatively static. Heroes And Villains.

Entrepreneur 190

Entrepreneur Los Angeles Demand Organization 190

Startup Professionals Musings

AUGUST 10, 2014

Here are factors to consider: Some element of organic growth is a good thing. Re-investing profits to grow the business is organic growth. Startup productivity is embodied in key ratios, including low cost of customer acquisition, high retention and high revenue per employee. entrepreneur revenue startup user count'

Entrepreneur 98

Entrepreneur Organization Invest Customer 98

InfoChachkie

DECEMBER 9, 2010

Community Organizer Saul Alinsky categorized people into three classes; (i) the Haves, (ii) the Have A Little, Want Mores and, the (iii) Have Nots. Your opinion of entrepreneurs is likely rooted in your understanding (or lack thereof) of the source of wealth. Mr. Alinsky preached that wealth was relatively static. Heroes And Villains.

Entrepreneur 173

Entrepreneur Class Los Angeles Organization 173

Berkonomics

MAY 27, 2021

They protect the company by overseeing the expenditure of company money for expansion, acquisitions, purchases of large assets, hiring of senior management and more. Often, a board meeting is entirely devoted to issues of growth, with members chiming in to help the CEO with marketing issues or customer acquisition.

Resource 156

Resource Acquisition Class Help 156

Startup Professionals Musings

FEBRUARY 17, 2013

What they should be doing is hiring only “entrepreneurs,” meaning people who think and act as if this is their own business. This commitment to hire people who think like entrepreneurs, or instill an “owner’s mindset” in every employee, should be a high priority in every business. Sales will be the organization’s sole focus.”

Entrepreneur 97

Entrepreneur Training Sales Technical Review 97

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. Another risk with taking capital is that we would grow the organization quickly and sales might lag behind expenses.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

Startup Professionals Musings

APRIL 28, 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.

Technical Review 131

Technical Review Case Study Mentor Software Review 131

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

Startup Professionals Musings

OCTOBER 6, 2023

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. That might start with the CEO giving the investor pitch to the whole organization, and distributing the current business plan document to everyone.

Technical Review 118

Technical Review Startup Satisfaction Invest 118

Startup Professionals Musings

JANUARY 15, 2020

The key elements of leadership in a company, both individual and organizational, are less tangible, but very critical in setting a market value for investment, acquisition, or going public. For startups, the entrepreneur and founder is almost always the face of the company. Focus on talent and people growth.

Technical Review 124

Technical Review Organization Coach Invest 124

socalTECH

DECEMBER 27, 2018

Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. Over the last four years, I watched numerous entrepreneurs raise equity. You'll be able to browse all of those contributions here.

Southern California 133

Southern California SoCal Culver City Venture Capital 133

socalTECH

APRIL 10, 2019

Beverly Hills-based NVE Experience Agency , a live event production company, said it has acquired The Future Party , a community-based organizer of monthly dinners, parties, salons, and "branded activations" for Millenial and Generation Z creators and entrepreneurs, the companies said this morning.

Beverly Hills 113

Beverly Hills Activity Organization Entrepreneur 113

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. I recommend you work only with financial and broker organizations who have done the due diligence required, and who have a track record of success. Marty Zwilling.

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. Thus the biggest mistake any new entrepreneur can make is to believe that a board of advisors or a board of directors will only slow them down.

Entrepreneur 58

Entrepreneur Startup Mentor Writing 58

Startup Professionals Musings

FEBRUARY 24, 2011

What they should be doing is hiring only “entrepreneurs,” meaning people who think and act as if this is their own business. This commitment to hire people who think like entrepreneurs, or instill an “owner’s mindset” in every employee, should be a high priority in every business. Sales will be the organization’s sole focus.

Entrepreneur 100

Entrepreneur Startup Training Sales 100

Startup Professionals Musings

MAY 29, 2015

Image via Pixabay.com Startups are usually so focused on selling more of their branded product or service to their own customer base (organic growth) that they don’t consider the more indirect methods (non-organic growth) of increasing revenue and market share. Even mergers and acquisitions (M&A) came quickly.

Organization 100

Organization Startup Competition IBM 100

socalTECH

DECEMBER 26, 2018

Editor's note: All this week, and into the start of next year, we'll be featuring reflections on 2018 from notable investors, entrepreneurs, and others from Southern California's technology community. What was the biggest news for your organization in 2018? You'll be able to browse all of those contributions here. Happy Holidays!

Southern California 113

Southern California SoCal Pasadena Startup 113

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. Thus the biggest mistake any new entrepreneur can make is to believe that a board of advisors or a board of directors will only slow them down.

Startup 145

Startup Entrepreneur Mentor Writing 145

Tech.Co

FEBRUARY 16, 2024

To be eligible for the program, you need to be a NASE member, and monthly and Silver members have to be involved with the organization for over 90 days. The organization also recommends that interested businesses attend teleconference presentations to learn more about the process, alongside watching this YouTube video.

Technical Review 193

Technical Review Software Review Startup Competition 193

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

Startup Professionals Musings

APRIL 17, 2023

On the other hand, if you are a new entrepreneur, still in the idea stage, professional investors will only tell you to come back later when you have traction (customers and revenue). This is the exit stage for the entrepreneur, and for all earlier investors. The ride has been fun, but I need my money out to start the next big thing.”

Funding 125

Funding Startup Ideas Equity 125

InfoChachkie

JULY 15, 2013

Such fit exists when a profitable customer acquisition model can be repeatedly executed with consistent results and without the need of heroic efforts. Sophisticated entrepreneurs understand that everything is easier at scale. If you haven''t already subscribed yet, subscribe now for free weekly Infochachkie articles!

RSS 206

RSS Journal Entrepreneur Resource 206

InfoChachkie

MAY 9, 2011

This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. Entrepreneurs should never agree to the following provisions when negotiating with a BDC, no matter how lucrative the potential relationship. Kiss of Death ConTraps.

Outsource Development 170

Outsource Development Entrepreneur Press Technical Review 170

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