Startup Professionals Musings

MAY 27, 2023

Soon you won’t be able to name a business as one of your favorites if you can’t personally visualize and relate to company leadership. Soon you won’t be able to name a business as one of your favorites if you can’t personally visualize and relate to company leadership. No change means you are falling behind as a leader.

Customer 140

Customer Custom Social Media Metrics 140

Startup Professionals Musings

NOVEMBER 8, 2021

Being called a lifestyle entrepreneur should be a point of pride, not an insult. This usually means not taking money from equity investors, since investors want fast growth, high profits, and an exit event, to allow investments to be recouped. Non-equity funding has to come from personal sources, or government grants, or bank loans.

Entrepreneur 148

Entrepreneur Startup Equity Course 148

TechCrunch LA

JANUARY 26, 2020

The Los Angeles startup community is joining the rest of the world in mourning the death of NBA superstar, entrepreneur and investor Kobe Bryant who was killed in a helicopter crash in Calabasas, Calif., “He not only played at the peak of his sport but everything he did was quality from film, to books to philanthropy. .

Venture Capital 359

Venture Capital Los Angeles Legalzoom Calabasas 359

Startup Professionals Musings

AUGUST 5, 2023

One of the biggest myths I have found in the entrepreneur community is that every startup needs one or more outside investors for credibility and success, and perhaps is even entitled to at least one. Searching LinkedIn, for example, is a must for contemporary entrepreneurs. But don’t wait for them to contact you.

Statistics 98

Statistics Entrepreneur Funding Social Media 98

Berkonomics

MAY 13, 2021

Several years ago, I wrote a book entitled, Extending the Runway , using parallels to piloting a plane to equate to the process of creating and building a small company, making maximum use of resources to get to and beyond breakeven. Extending the Runway book available at Amazon. Extending the Runway book available at Amazon.

Resource 156

Resource Coach Activity Invest 156

Startup Professionals Musings

AUGUST 11, 2023

As a business advisor and advocate for entrepreneurs, I find myself almost always talking and writing about change. I was reminded of a number of these by a classic book, “ The Thing About Work: Showing Up and Other Important Matters ,” by Richard A. You need to really get to know your team mates and treat work relationships seriously.

Startup 106

Startup Writing Entrepreneur Screening 106

Startup Professionals Musings

FEBRUARY 6, 2022

Many entrepreneurs I know are confused by the definition and need for an Advisory Board versus a Board of Directors. The details of these considerations are outlined in a classic book, “ The Board Book ,” by Board expert and founder of The Board Institute, Susan F. How much are you willing to spend on your board?

Allegis 139

Allegis Startup Acquisition Entrepreneur 139

Berkonomics

JUNE 8, 2017

For you who fit that description, nice work. It might be useful to list some of the ways in which you can raise money for growth with and without outside investors. You will realize much more from the ultimate sale of your business even if at a considerably lower price than if splitting the proceeds with investors.

Venture Capital 266

Venture Capital Class Invest Equity 266

Startup Professionals Musings

NOVEMBER 22, 2020

One of the biggest myths I have found in the entrepreneur community is that every startup needs one or more outside investors for credibility and success, and perhaps is even entitled to at least one. Searching LinkedIn, for example, is a must for contemporary entrepreneurs. But don’t wait for them to contact you.

Funding 173

Funding Tips Startup Statistics 173

Startup Professionals Musings

MARCH 22, 2020

In their passion to succeed, too many entrepreneurs treat friends and family investments as “low-hanging” fruit, only to find out later, after a stumble, that the pain of lost relationships is greater than the loss of their beloved startup. If you are not sure on this matter, then don’t take their money. Be professional about it.

Funding 123

Funding Startup Equity Venture Capital 123

Startup Professionals Musings

MAY 30, 2022

Early-stage entrepreneurs rightly keep their focus on creating an innovative product or service. That’s where I see too much entrepreneur burnout, growth plateaus, and founders being replaced, to their chagrin. Of course, not every entrepreneur wants to tackle this challenge. There is no free lunch.

Sales 147

Sales Metrics Guide Startup 147

Startup Professionals Musings

NOVEMBER 30, 2020

Some argue the only way to start is to drop everything and jump in with both feet, while others recommend an overlapped approach to the lifestyle, including not quitting your day job until you have revenue and a proven business model. McGinnis, a well-known venture capitalist and private equity investor.

Startup 128

Startup Entrepreneur Satisfaction News 128

Startup Professionals Musings

DECEMBER 12, 2021

If you are an entrepreneur these days, or trying to grow an existing business, everyone is telling you that you need to use social media. There are many ‘experts’ out there telling you how to do it, or even offering their services. Social media is the realm of public opinion and customer conversations.

Social Media 127

Social Media Media Metrics Satisfaction 127

Berkonomics

SEPTEMBER 24, 2020

My immediate family members were entrepreneurs from as far back as I can trace. Mom wrote books and articles from her college days until she could no longer see the keyboard. So, it seemed perfectly natural that my brother and I find our separate callings as entrepreneurs from the very start. Now, how about you?

Press 156

Press Entrepreneur Training Equity 156

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. Email readers, continue here…] How do you pay a coach? Original 1994 book. Photo courtesy IBM Business Coaching.

Coach 243

Coach Organization Resource IBM 243

socalTECH

SEPTEMBER 23, 2019

So, to help other female entrepreneurs, they founded TuesdayNights (www.tuesdaynights.org), a group in LA which helps female entrepreneurs connect with capital and each other to improve their access to capital. Melinda Moore: If you think about it, guys have golf courses, and you have things like the PayPal Mafia, and poker games.

Help 224

Help Entrepreneur Capital Startup 224

Startup Professionals Musings

NOVEMBER 13, 2021

This sharing economy is rapidly becoming the new business of sharing, with major winners already including Airbnb (rooms), Uber (rides), and Chegg (books). If you are an aspiring entrepreneur, or an existing business, and haven’t yet sized any of these opportunities, you may be already late to the game. Restaurants.

Resource 126

Resource Commerce Social Media Platform 126

Startup Professionals Musings

NOVEMBER 16, 2020

As a business advisor and advocate for entrepreneurs, I find myself almost always talking and writing about change. I was reminded of a number of these by a classic book, “ The Thing About Work: Showing Up and Other Important Matters ,” by Richard A. You need to really get to know your team mates and treat work relationships seriously.

Startup 153

Startup Writing Entrepreneur Screening 153

Startup Professionals Musings

NOVEMBER 27, 2020

In my view as a business advisor, it’s an ideal time for aspiring entrepreneurs and small business owners to get ahead of the crowd by driving an innovative solution to a painful problem with the passion, perseverance, and work ethic I see every day. Tell people where you want to go, not how to get there.

Coach 144

Coach Customer Custom Entrepreneur 144

Startup Professionals Musings

JULY 31, 2022

In a thought-provoking book by David Cushman with Jamie Burke, “ The 10 Principles of Open Business ,” the authors contend that many recent success stories in business, including Apple and Whole Foods, were built on at least one open business principle. Offer equity in future projects to people outside your business.

Organization 126

Organization Social Media Examples Customer 126

Startup Professionals Musings

NOVEMBER 4, 2022

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. The industry veteran.

Technical Advisors 123

Technical Advisors Startup Outsource Development High Tech 123

Startup Professionals Musings

AUGUST 31, 2020

Soon you won’t be able to name a business as one of your favorites if you can’t personally visualize and relate to company leadership. Soon you won’t be able to name a business as one of your favorites if you can’t personally visualize and relate to company leadership. No change means you are falling behind as a leader.

Social Media 128

Social Media Metrics Customer Custom 128

Startup Professionals Musings

MAY 25, 2022

You need to do the due diligence to make that decision before you sign away your equity. Differences you find after the deal is consummated can be painful and expensive, just as in any marriage. I was pleased to see this approach highlighted as well in a new book for startups, “ Zero to IPO ,” by Frederick Kerrest.

Technical Review 125

Technical Review Satisfaction Summary Startup 125

Startup Professionals Musings

NOVEMBER 11, 2020

The road to becoming an entrepreneur is a journey , and it’s not a short trip. In my efforts of assist aspiring business owners like you, I find that too many see it as a short sprint to get over that one hurdle, like finding that innovative idea, or attracting an investor. The place – finding a community where you can thrive.

Entrepreneur 139

Entrepreneur Help Incubator Startup 139

Berkonomics

OCTOBER 30, 2014

One of my books, Extending the Runway , uses parallels to piloting a plane to equate to the process of creating and building a small company, making maximum use of resources to get to and beyond breakeven. Extending the Runway book available at www.berkus.com. There are five types of resources a great board can add to a company.

Resource 237

Resource Product Help Equity 237

Startup Professionals Musings

APRIL 23, 2013

Bootstrapping avoids all the cost, pain, and distractions of finding angels or VCs, and allows you to keep control and all your hard-earned equity for yourself. A few years ago I interviewed a serial entrepreneur, Rich Christiansen , who has done almost 30 businesses wholly by bootstrapping. Think minimum spending.

Equity 96

Equity Startup Summary Tips 96

socalTECH

AUGUST 6, 2019

Ian Chen is the co-founder and CEO of Discotech , a startup that offers up bottle service booking, discounted tickets and more to clubs and nightspots. Ian Chen: In my previous life, I was working in private equity in LA. How are you funded? I worked a lot and didn't have a lot of free time, but my past time was going out.

Startup 113

Startup Equity Customer Custom 113

Both Sides of the Table

DECEMBER 17, 2012

I have often written about how lonely it can be to be a CEO and and have very few people with whom you can talk about difficult situations. It’s not exactly like you can disclose complex and confidential situations to outsiders. And you can only bug your wife so many times without feeling badly. Not possible.

Startup 363

Startup Venture Capital Coach Press 363

Startup Professionals Musings

OCTOBER 30, 2017

The “venture capital” model is the only option they know, where they feel they get no mercy, giving up equity and control. Based on my experience with startups, I’m a strong believer that there are far better alternatives available, if you think outside the box. Document the investment types you are willing to consider.

Technical Review 88

Technical Review Equity Capital Entrepreneur 88

Startup Professionals Musings

MARCH 9, 2019

If you are an entrepreneur these days, or trying to grow an existing business, everyone is telling you that you need to use social media. There are many ‘experts’ out there telling you how to do it, or even offering their services. Social media is the realm of public opinion and customer conversations.

Social Media 98

Social Media Media Metrics Satisfaction 98

Startup Professionals Musings

MAY 8, 2019

Image via Flickr by MDGovpics Many entrepreneurs I know are confused by definition and need for an Advisory Board versus a Board of Directors. The details of these considerations are outlined in a classic book, “ The Board Book ,” by Board expert and founder of The Board Institute, Susan F.

Startup 98

Startup Allegis Entrepreneur Acquisition 98

Startup Professionals Musings

NOVEMBER 11, 2015

In their passion to succeed, too many entrepreneurs treat friends and family investments as “low-hanging” fruit, only to find out later, after a stumble, that the pain of lost relationships is greater than the loss of their beloved startup. If you are not sure on this matter, then don’t take their money. Be professional about it.

Startup 97

Startup Equity Entrepreneur Venture Capital 97

Startup Professionals Musings

JANUARY 26, 2019

Being called a lifestyle entrepreneur should be a point of pride, not an insult. This usually means not taking money from equity investors, since investors want fast growth, high profits, and an exit event, to allow investments to be recouped. Non-equity funding has to come from personal sources, or government grants, or bank loans.

Startup 77

Startup Equity Entrepreneur Course 77

Startup Professionals Musings

DECEMBER 23, 2013

There is so much written these days about how to attract investors that most entrepreneurs “assume” they need funding, and don’t even consider a plan for “bootstrapping,” or self-financing their startup. In fact, most of the rich entrepreneurs you know actively turned away early equity proposals. You need a prototype.

Startup 100

Startup Entrepreneur Technical Review Equity 100

Startup Professionals Musings

SEPTEMBER 1, 2019

Early-stage entrepreneurs rightly keep their focus on creating an innovative product or service. That’s where I see too much entrepreneur burnout, growth plateaus, and founders being replaced, to their chagrin. Of course, not every entrepreneur wants to tackle this challenge. There is no free lunch.

Startup 97

Startup Sales Metrics Guide 97

Startup Professionals Musings

FEBRUARY 9, 2020

Yet every entrepreneur I meet wants to talk about the idea, and rarely mentions the team. Thus I was happily surprised when I found the classic book, “ The Tech Entrepreneur’s Survival Guide ,” by Bernd Schoner, PhD, and cofounder of ThingMagic, which leans heavily on the people side of the equation. The industry veteran.

Technical Advisors 123

Technical Advisors Outsource Development Startup High Tech 123

Startup Professionals Musings

OCTOBER 10, 2014

In their passion to succeed, too many entrepreneurs treat friends and family investments as “low-hanging” fruit, only to find out later, after a stumble, that the pain of lost relationships is greater than the loss of their beloved startup. If you are not sure on this matter, then don’t take their money. Be professional about it.

Funding 101

Funding Startup Equity Entrepreneur 101