Startup Professionals Musings

AUGUST 1, 2021

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.

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Both Sides of the Table

JANUARY 2, 2014

First, I recently read the must-read book Hatching Twitter by Nick Bilton. I’m friends with several people in the book and I’m sure they didn’t love being written about – nobody ever does in this sort of book. But the book is a must read for entrepreneurs. I love politics.

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Startup Professionals Musings

NOVEMBER 14, 2021

Yet every business and every entrepreneur I know struggles with this challenge, focused on hiring the right people and implementing the right process. I was happy to see my own view reinforced in the classic book, “ Innovation Thinking Methods for the Modern Entrepreneur ,” by long-time entrepreneur and innovation expert Osama A.

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Startup Professionals Musings

AUGUST 2, 2021

New entrepreneurs routinely jump into a startup with a full charge of passion and energy, but often find themselves drained of both after a few months by the workload and challenges. Of course, this same challenge extends well beyond the entrepreneur, into all walks of life and work. These keys are meaning, interactions, and energy.

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Startup Professionals Musings

JULY 28, 2021

As an angel investor in early-stage startups, I’ve long noticed my peers apparent bias toward the strength and character of the founding entrepreneurs, often overriding a strong solution to a painful problem with a big opportunity. He has completed a study of more than 100 CEOs, with feedback from over 8,000 of their employees on this topic.

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Startup Professionals Musings

FEBRUARY 17, 2021

With the appearance of do-it-yourself services on the Internet, entrepreneur curriculums at every university, and a wealth of new books on the subject, the need for expensive consultants and business advisors has also been mitigated. Work out of your home, and keep your own books.

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Startup Professionals Musings

AUGUST 30, 2021

Therefore, the least you can do is take advantage of some of the self-assessment tools and guides around, like the classic book “ The Entrepreneur Equation ,” by Carol Roth, which highlights personal characteristics and skills required. That should indicate that a lot of entrepreneurs get more than they bargained for.

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Startup Professionals Musings

JULY 9, 2021

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. For aspiring entrepreneurs, or if your last startup failed, it’s all about standing out above the crowd of others like you, and demonstrating your readiness.

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Startup Professionals Musings

AUGUST 8, 2021

Knowing all too well how hard it is to start a single new business, I’ve always wondered how several well-known entrepreneurs, including Richard Branson and Elon Musk , have managed to successfully lead dozens of startups to success, and thrive on the process. Serial entrepreneurs embrace the risk, gather the relevant facts, and move forward.

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Startup Professionals Musings

NOVEMBER 8, 2021

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.

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Startup Professionals Musings

JANUARY 30, 2023

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. Most aspiring entrepreneurs don’t have the resources alone to “bootstrap” or fund their new business alone.

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Startup Professionals Musings

FEBRUARY 4, 2022

It’s a special mix of entrepreneur and company, regular in every respect except for having the courage and foresight to make an idea happen that was supposed to be impossible. As an entrepreneur in a startup, how do you know if you have this potential, and what are the steps to get from an innovation to a revolution?

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Startup Professionals Musings

NOVEMBER 3, 2021

If the country is to recover financially and politically, new leaders will have to emerge to fill the leadership deficit – new leaders who understand that leadership is a privilege, not an entitlement, according to executive coach Michael Schutzler in his classic book “ Inspiring Excellence – A Path to Exceptional Leadership.

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Startup Professionals Musings

OCTOBER 31, 2020

In retrospect, however, Bill Gates did a lot of things right as a startup that I still look for today in aspiring entrepreneurs and their companies: Build a strong team. In fact, there are several good books written about Bill Gates and Microsoft. There is a lot more to this story than I can put here.

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TechCrunch LA

NOVEMBER 23, 2020

Founded four years ago by Matt Danna and Sean Stavropoulos, Boulevard was inspired by Stavropoulos’ inability to book a haircut and Danna’s hunch that the inability of salons and spas to cater to customers like the busy programmer could be indicative of a bigger problem.

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Both Sides of the Table

JANUARY 12, 2014

The starting point of product IS marketing, which is what a lot of young entrepreneurs that never studied business don’t realize. If you publish a book, how do you get on the NY Times best seller list? Simply write a great book? But can you be rich and simply buy enough books to be on the list? What about mobile?

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Berkonomics

JANUARY 20, 2022

Dave’s note: This is a reprint of a 2015 insight that seems to have struck a chord with investors and entrepreneurs. None of this advice has changed… Let me tell you a few short hair–raising stories of entrepreneurs who have raised money and regretted it later. The problem, of course, comes if the business fails.

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Startup Professionals Musings

JANUARY 28, 2022

The answer is a resounding yes today, and I’m convinced that it will be even more true tomorrow, as young idealistic entrepreneurs try to adapt to the long-standing business culture if success is only measured in the money you make for yourself and your business. Focus on practices that help you stay open and have faith, but don’t force it.

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Startup Professionals Musings

AUGUST 27, 2022

Most entrepreneurs believe they are “different,” but they can’t quite understand how. The classic book, “ Hunting in a Farmer's World: Celebrating the Mind of an Entrepreneur ,” by serial entrepreneur and business coach John F. All this made more sense to me as Dini defined the types of entrepreneurs into four categories.

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Both Sides of the Table

MAY 15, 2013

The one word the best entrepreneurs never accept. I used to ask Deborah to book my travel plans in France and Germany were I went 1-2 times / month. There were online tools to book this stuff but the Internet booking sites were early. It’s a skill you’re going to need as an entrepreneur. Stay with me.

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Startup Professionals Musings

JULY 10, 2022

By most definitions of the term, an entrepreneur is someone who starts a new business, incorporating innovative changes to existing products, services, business models, and creating new markets. One way of identifying the right characteristics and approaches is to take a hard look at entrepreneurs who have done it.

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Berkonomics

MARCH 20, 2025

A company that otherwise might be valued at twice book value, 1x revenues, or 10 times earnings will be valued at a lower amount by potential acquirers knowing that the company shareholders are in a tough position and management is hungry for leverage and a little more sleep at night.

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Both Sides of the Table

DECEMBER 7, 2014

In case you don’t know – as VCs we have have 2 sets of customers: LPs (limited partners) who invest money in our funds and entrepreneurs (who we in turn give money to and help support them in building businesses we hope will be valuable). Who else is going to tell a VC if he got a bad reference from an entrepreneur or fellow VC?

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Both Sides of the Table

AUGUST 29, 2013

One of most fascinating & enjoyable books on the topic is Bill Bryson’s “ Made in America ,” which demystifies the origins of the English language and why Americans speak more traditional English than the English do. (I I know, I know … just read the book). I welcome your accents. Your origins.

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Berkonomics

SEPTEMBER 19, 2024

It could be as simple as reading the right book Because I believe that negotiation is so important to our success in the business and in the social world, I re-read my favorite book on the subject again every couple of years, just to keep myself aware and sharp using the tools and techniques so important to a successful negotiation.

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Startup Professionals Musings

JUNE 26, 2023

Entrepreneurs seem more quickly frustrated these days when their “million-dollar idea” doesn’t turn into a sustainable business overnight. So why do entrepreneurs think that building a business is intuitively obvious, and should happen overnight? In his classic book, “ The Practicing Mind ,” Thomas M.

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TechCrunch LA

JULY 9, 2019

Doctours , a Los Angeles-based online platform for booking trips and treatments for medical and dental care around the world, is expanding its services to 35 countries. Once the procedure is booked, Doctours puts together itineraries that provide different options for flights and hotels based on the needs of the patient, the company said.

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Startup Professionals Musings

OCTOBER 21, 2020

Driven by the current pandemic, smart entrepreneurs of all ages are jumping into the fray with new ideas, new recovery strategies, and discarding outmoded business models. I see it most in the newest generation of entrepreneurs (Gen-Y), who were shocked out of entitlement into action by an economic downturn.

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Both Sides of the Table

NOVEMBER 9, 2014

But I have always warned of the consequences of not very well regulated situations in wish investors (and even entrepreneurs) produce information bordering on financial malfeasance. Does he blog about venture capital and try to advise entrepreneurs? Has written a book on venture capital. Is this investor on AngelList?

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Startup Professionals Musings

JULY 24, 2021

Every entrepreneur realizes that change is now the norm, and they have to adapt their business quickly to survive and prosper. In fact, the best entrepreneurs seem to see breakthrough changes coming even before they really happen, and are able to turn them into huge new opportunities. Technically, this is known as perceptual acuity.

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Startup Professionals Musings

FEBRUARY 10, 2021

We all know at least one entrepreneur who always gets things done, and appears unstoppable in his quest. What are the attributes that make an entrepreneur unstoppable, and is it possible for people to learn to be unstoppable? Successful entrepreneurs do. Everyone dreams and talks. Limit focus to the top three or four priorities.

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Startup Professionals Musings

SEPTEMBER 16, 2023

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.

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Startup Professionals Musings

JANUARY 20, 2021

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.

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Startup Professionals Musings

MARCH 20, 2021

Some people are good at it and some are not – independent of their IQ or their book smarts (there may even be an inverse relationship here). Entrepreneurs who are great problem solvers within any business are the best prepared to solve their customers’ needs effectively as well. The best entrepreneurs have both.

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Startup Professionals Musings

NOVEMBER 20, 2020

There is no skill more vital to an entrepreneur than effective networking. This was illustrated well in the classic book, “ Hopping Over The Rabbit Hole ,” by Anthony Scaramucci, a well-known entrepreneur, financier, and television co-host of Wall Street Week. If you humbly treat people as equals, relationships will work.

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Both Sides of the Table

NOVEMBER 29, 2014

I had been thinking a lot about this recently because I’m often asked the question of “what I look for in an entrepreneur when I want to invest?” Why will people invest 5x the money to get book smart and struggle so much to take a big salary cut to get real life experience? I normally finish with my soap box speech.

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Berkonomics

DECEMBER 7, 2017

Entrepreneurs will have a relative willing to devote time, a school friend with business experience, professionals who charge for the service, investors with a reason to promote your success and more. Original 1994 book. Business coaches come in all sizes and shapes. Photo courtesy IBM Business Coaching.

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