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Launchpad LA Receives VC Funding: $50,000 Per Startup

Both Sides of the Table

To give visibility to these companies to: Sources of funding (angels / VCs), business development partners, mentors who have themselves built successful companies, the press and potential employees to hire. One senior mentor to Launchpad LA recently said, “I got more out of Launchpad LA than I even put in.

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Why You Need Tools And Analytics For Employee Metrics

Startup Professionals Musings

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Use data analysis and metrics to measure for results. Subjectively measuring employee engagement.

Metrics 98
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10 Stumbling Blocks To Innovative Business Thinking

Startup Professionals Musings

In my experience as a mentor, I find that keeping creative thinking in the balance is a challenge for every startup, due to the natural employee tendency to resist change. Using data metrics alone for decisions, without seeking the root problem and alternative solutions, kills creativity. Failure to learn.

Metrics 157
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5 Business Growth Drivers Facilitated By A Co-Founder

Startup Professionals Musings

Thus, in my mentoring of potential technical entrepreneurs who have a real passion for their technology, I often recommend that they find a co-founder who can manage the marketing and execution elements of the new venture. Starting and running a business requires many different skills and interests, and not many of us have all of them.

Mentor 133
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6 Ways To Improve Your Odds Of New Business Success

Startup Professionals Musings

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 realized that he and I see several common patterns that account for a large percentage of new venture failures.

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9 Stages to Building a Robust And Rewarding Business

Startup Professionals Musings

I found real confirmation of my approach, and much practical guidance in a recent book, “ Entrepreneurial Leap ,” by a friend and cohort Gino Wickman. Implement the key business metrices you will live by. Identify the three most important metrics your business must hit every week to achieve growth goals.

Metrics 140
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10 Obstacles To Creative Responses For Market Growth

Startup Professionals Musings

In my experience as a mentor, I find that keeping creative thinking in the balance is a challenge for every startup, due to the natural employee tendency to resist change. Using data metrics alone for decisions, without seeking the root problem and alternative solutions, kills creativity. Failure to learn.

Marketing 119