Remove Angel Remove Competition Remove Examples Remove Metrics
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7 Considerations For Setting Your Bottom Line Balance

Startup Professionals Musings

How does any entrepreneur define the right balance, and then measure their performance against real metrics? Current examples include Conscious Capitalism® , popularized by John Mackey, The B Team , founded by Sir Richard Branson, the 1% for the Planet organization, and the Benefit Corporation (B Corp) now available in 35 States.

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7 Ways To Balance Your Heart And Logic With Investors

Startup Professionals Musings

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. For example, if you have ever watched the Shark Tank show on TV, they always ask about the cost of customer acquisition.

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8 Personal Objectives That Should Drive A New Startup

Startup Professionals Musings

Unfortunately, in my experience as an angel investor, about ninety percent of new business efforts fall short , leading me to believe that many of you may be better off staying where you are. You may be comfortable driving your future based on vision and emotion, or have long been a stickler for details and metrics.

Startup 94
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Here’s Why a Booming Tech Market May Fool You into Thinking You’re Successful

Both Sides of the Table

We’ve had an explosion of alternate sources of financing from crowd-sourcing, angels, accelerators, incubators, corporates, corporate incubators. I remember, for example, when business intelligence swept through companies globally. Create company measures for success that go beyond financial metrics.

Marketing 354
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5 Startup Challenges That Derail Many Entrepreneurs

Startup Professionals Musings

See the story of Elizabeth Holmes and Theranos for an example of product snags leading to a disaster. The solution here is to never stop the fundraising cycle, moving quickly from friends and family, to angels, to venture capitalists. Your customers and competition make unexpected moves. The world today never stands still.

Startup 131
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For Many New Ventures, Location Is The Key To Success

Startup Professionals Musings

For example, if you are working on a great social networking idea to replace Facebook, and need funding, you probably won’t find any interested and focused VCs or angel investors in Arizona, where I live. Exposure instills the fear and urgency you need to deliver the right competitive solution. What will set your business apart?

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After 20 years: Updating the Berkus Method of valuation

Berkonomics

Originally created in the mid 1990’s to help with the imprecise problem of how to value early stage companies, especially those in technology, I developed what soon became known as “The Berkus Method” when published in the popular book, “Winning Angels” by Harvard’s Amis and Stevenson with my permission in 2001.

Startup 120