Both Sides of the Table

OCTOBER 3, 2011

I’m often asked the question about why there aren’t more women who are entrepreneurs. My inspiration to become an entrepreneur came from my mom, not my dad. She was the dominant figure in my family and was both an entrepreneur and a community leader. On my blog I’ve been hesitant to take the topic head on.

Entrepreneur 341

Entrepreneur Venture Capital Startup Blogging 341

Berkonomics

JANUARY 6, 2022

First, the marginal exit event: Sometimes the end game or sale of the company is not a happy event for the early investors, including the entrepreneur or the founders. Promissory notes come before any equity, and most late equity investments come before early equity investments, even of the same class of security.

Venture Capital 156

Venture Capital Sales Pricing Equity 156

Berkonomics

JUNE 8, 2017

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. And even with the significant cost of credit card debt, many entrepreneurs aggressively use existing cards to finance a startup. There is a lot to say about retaining control.

Venture Capital 266

Venture Capital Class Invest Equity 266

TechCrunch LA

MAY 12, 2020

With its third class of startups, Yellow, Snap’s in-house startup accelerator that launched in 2018, brought investors and founders together in private slack channels after a live-streamed presentation. Mogul Millennial : a media startup sharing professional resources for Black entrepreneurs. Yellow investment SketchAR.

Invest 237

Invest Startup Artificial Inteligence Class 237

Both Sides of the Table

AUGUST 30, 2010

My advice to entrepreneurs was and is “ when the hors d’oeuvres tray is being passed take two ” (e.g. So I agreed to offer my current thinking on the economy and what it portends for the VC industry & fund raising for entrepreneurs. raise money now to weather any storms). We took $2.3

Entrepreneur 298

Entrepreneur Venture Capital Technical Review Startup 298

Both Sides of the Table

SEPTEMBER 5, 2012

My initial reaction to Adeo when we spoke was that while it may have solved some issues (debt versus equity) it didn’t solve the ones that I’ve been warning entrepreneurs about most loudly. A standard entrepreneur retort I heard back then (2008-09) was “I don’t know what my company is worth now.

Startup 354

Startup Pricing Equity Venture Capital 354

Berkonomics

APRIL 13, 2017

The dominant player in any niche controls pricing for all those under it, and often sets the risk profile for new entrants into the niche if the dominant player’s products or services fill the needs of customers at reasonable prices and quality. Do you have a world-class management team? Have you created high barriers to entry?

Patents 291

Patents Pricing Ideas Marketing 291

Startup Professionals Musings

NOVEMBER 21, 2013

New entrepreneurs who want to survive, and optimize the growth of their startups, need to think globally, and act locally, from day one. The middle and above-middle class population of China will grow from 172 million in 2010 to 314 million by 2015. An international brand will command higher prices and additional customer demand.

Entrepreneur 97

Entrepreneur Patents Startup Offshore 97

Startup Professionals Musings

MAY 8, 2015

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. With US student debt at over one trillion dollars, startups like Skillshare and Udemy provide top-class vocational training for the price of a Harvard hoodie.

Entrepreneur 111

Entrepreneur Commerce Social Media Platform 111

Startup Professionals Musings

JUNE 25, 2014

How an entrepreneur answers this question speaks volumes about their knowledge of business realities, customers, confidence, and their ability to handle investor funding. Highlight your world-class team as the secret sauce. I look for entrepreneurs that can sell themselves and their offering to discerning customers.

Entrepreneur 110

Entrepreneur Competition Patents Resource 110

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. Bring in an experienced Board and world-class leaders. In fact, it’s highly unlikely that you as the Founder will survive.

Startup 151

Startup Course Sales Entrepreneur 151

Startup Professionals Musings

JUNE 12, 2015

Here is my summary of some major considerations that every entrepreneur needs to evaluate against the cost and effort to attract equity investors: Completing a grant application is real work. Otherwise find an inexpensive class on grant writing. Venturing outside the limits will lead to legal consequences. Technology is not enough.

Pricing 100

Pricing Equity Technical Review Research 100

Startup Professionals Musings

SEPTEMBER 18, 2022

How an entrepreneur answers this question speaks volumes about their knowledge of business realities, customers, confidence, and their ability to handle investor funding. Highlight your world-class team as the secret sauce. I look for entrepreneurs that can sell themselves and their offering to discerning customers.

Competition 133

Competition Patents Resource Invest 133

Startup Professionals Musings

NOVEMBER 13, 2021

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. With US student debt at over one trillion dollars, startups like Skillshare and Udemy provide top-class vocational training for the price of a Harvard hoodie.

Resource 126

Resource Commerce Social Media Platform 126

Berkonomics

MAY 27, 2021

This could happen when a board votes to take in new money at terms that would be unfavorable to the class of investor represented by the board member. Many entrepreneurs would rather not have to answer to a board, and resist creating an entity that could have the power to check management actions, and even to fire the CEO in extreme cases.

Resource 156

Resource Acquisition Class Help 156

Berkonomics

NOVEMBER 25, 2021

Is there a market for your class of product at all? Market risk is constant and should be of greatest concern to any executive or entrepreneur. These include having a current knowledge of competitors’ hiring practices, pricing strategy, and more. Here are five basic kinds of internal risks that a business faces over time.

Competition 156

Competition Marketing Class Product 156

Startup Professionals Musings

NOVEMBER 4, 2016

You need a good cook, good marketing, and first-class service. Have you set the right price for your entrée, and correctly included all costs? If you can’t identify customer interest, it doesn’t matter how good your product is. not a solution looking for a problem) Be sure you have a great team. But don’t practice too long.

Entrepreneur 93

Entrepreneur Startup Coach Metrics 93

Both Sides of the Table

JUNE 22, 2011

This was an audience of mostly first-time entrepreneurs. It is great for entrepreneurs and great for VCs. So here is what I have been telling entrepreneurs privately for the past 6 months. I believe a bubble occurs when a market is willing to pay greater than intrinsic value for an asset class. I believe that.

Pricing 309

Pricing Marketing Startup Venture Capital 309

TechCrunch LA

MAY 19, 2020

The problem with other companies building pre-fabricated or modular homes for what are called accessory dwelling units on California properties is that they’re not being built for middle-class homeowners. “[I] changed the price by 11 percent and walked that through and continued to move forward,” Dietz said.

Los Angeles 191

Los Angeles Startup Culver City .Net 191

Startup Professionals Musings

JULY 29, 2017

In my view, the gig economy is a key driver to the current boom in entrepreneurship – every professional and consultant is actually a solo entrepreneur. One question I often hear from solo entrepreneurs, and she addresses directly, is “How do I set the right price for my services?” Factor in project risk before setting a price.

Pricing 68

Pricing Entrepreneur Mentor News 68

Startup Professionals Musings

JULY 18, 2022

New entrepreneurs who want to survive, and optimize the growth of their startups, need to think globally, and act locally, from day one. Just the middle class in India is equal in size to the entire population of the United States. An international brand will command higher prices and additional customer demand.

Patents 106

Patents Offshore Startup Demand 106

Startup Professionals Musings

AUGUST 20, 2011

New entrepreneurs who want to survive, and optimize the growth of their startups, need to think globally, and act locally, from day one. The middle and above-middle class population of China will grow from 172 million in 2010 to 314 million in 2015. An international brand will command higher prices and additional customer demand.

Entrepreneur 103

Entrepreneur Patents Offshore Startup 103

Berkonomics

DECEMBER 13, 2018

A valuable lesson from aviation for entrepreneurs. If the market is moving quickly toward your class of product or service, you may be able to gain a piece just by being there at the right time with the right product or service. The market was moving in the opposite direction from the company, and the company paid the ultimate price.

Marketing 120

Marketing Class Startup Research 120

Berkonomics

DECEMBER 13, 2018

A valuable lesson from aviation for entrepreneurs. If the market is moving quickly toward your class of product or service, you may be able to gain a piece just by being there at the right time with the right product or service. The market was moving in the opposite direction from the company, and the company paid the ultimate price.

Marketing 120

Marketing Class Startup Research 120

TechCrunch LA

AUGUST 5, 2022

A few minutes away from downtown Atlanta, Collab Studio ATL describes itself as “a tech-based one-stop shop for content creators, HBCU students and young entrepreneurs to achieve their business goals.” “I feel like the studio has the potential to be a great place for creators like me to thrive.

Platform 210

Platform Social Media Netflix Content 210

Berkonomics

OCTOBER 1, 2015

Sometimes the end game or sale of the company is not a happy event for the early investors, including the entrepreneur or the founders. Promissory notes come before any equity, and most late equity investments come before early equity investments, even of the same class of security.

Angel 120

Angel Sales Pricing Equity 120

Both Sides of the Table

OCTOBER 18, 2015

Technology riches yield bumper crops in venture capital with new firms and new largesses – the rewards of LPs rediscovering our asset class. Or the influx of massive new amounts of entrepreneurs and wantrepreneurs seeking fortune and fame? Followed by a drastic drop in prices as a selloff occurs” A surge in prices.

Venture Capital 150

Venture Capital Pricing Platform Marketing 150

Startup Professionals Musings

JUNE 18, 2023

You need a good cook, good marketing, and first-class service. Have you set the right price for your entree, and correctly included all costs? If you can’t identify customer interest, it doesn’t matter how good your product is. not a solution looking for a problem) Be sure you have a great team. But don’t practice too long.

Startup 112

Startup Coach Metrics Marketing 112

Both Sides of the Table

APRIL 12, 2018

Founder, Founder, Founder At Upfront we talk regularly about how 70% of our investment decision in Seed and A rounds is the quality of the entrepreneur and 30% is the quality of the idea. Jamie Siminoff is not only one of the single best true entrepreneurs in Los Angeles, he’s amongst the best we’ve worked with in the country.

Startup 247

Startup Pricing Product Marketing 247

socalTECH

SEPTEMBER 29, 2011

The firm is initially focusing on the Los Angeles market, and connecting people with fun, interesting classes, activities, and more in the local area. We want to create the right mix of the types of activities, price points, and make sure we have high quality content and high quality activities.

Startup 271

Startup CTO Coach Activity Software Review 271

Both Sides of the Table

NOVEMBER 14, 2010

I pointed to several Economist articles I had read that mapped historical prices of real estate for 400 years and how on average property values grow at no more 1.5% above inflation yet in many markets in the US & Europe prices were rising at 10-25% per year. And it’s driving up prices beyond their inherent value.

Invest 299

Invest Angel Technical Review Venture Capital 299

Both Sides of the Table

OCTOBER 12, 2014

New investors sometimes want early investors to put in money to “prove” they have confidence in the new price. some may get caught out paying too high of prices for what perhaps will be great deals but not at the prices being paid. Much of this historically didn’t matter to entrepreneurs.

Guide 336

Guide Venture Capital Startup Writing 336

Startup Professionals Musings

APRIL 7, 2011

Alain Theriault, better known as StartupCoach , tells entrepreneurs that, on your way to being a great chef, you don't start by writing a cook book (business plan), you work in the kitchen for a while, you learn some tools of the trade, you experiment with a few recipes, you test on willing clients. then you can start writing a recipe.

Entrepreneur 91

Entrepreneur Startup Writing Metrics 91

Both Sides of the Table

OCTOBER 22, 2009

Only Hire A+ People Who Punch Above Their Weight Class. I believe that you should always hire people are are looking to “punch above their weight class,&# which means to hire people who want to be one league above where they are today. Weight Class : Let’s take sales. I had always been a scrappy entrepreneur.

Startup 327

Startup Sales Class CIO 327

Startup Professionals Musings

OCTOBER 13, 2019

New entrepreneurs who want to survive, and optimize the growth of their startups, need to think globally, and act locally, from day one. McKinsey estimates, for example, that the upper middle class in China will grow from 14 percent in 2012 to 54 percent by 2022. Anticipate greater growth outside of North America.

Marketing 94

Marketing Patents Offshore Startup 94

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 operations superstar.

Technical Advisors 123

Technical Advisors Startup Outsource Development High Tech 123

Startup Professionals Musings

DECEMBER 14, 2019

How an entrepreneur answers this question speaks volumes about their knowledge of business realities, customers, confidence, and their ability to handle investor funding. Highlight your world-class team as the secret sauce. I look for entrepreneurs that can sell themselves and their offering to discerning customers.

Competition 120

Competition Patents Resource Invest 120