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10 Reasons To Start A Company In An Economic Downturn

InfoChachkie

As Guy Kawasaki pointed out in our recent conversation , “…it is cheaper than ever to start a company. Marketing is free or cheap because of social media. If there was ever a time to start a company, this is it.”. People are free or cheap because of the recession. Basically, everything is free. Save Your Timing For Comedy.

Company 257
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5 Steps To A Winning Strategic Plan Execution Process

Startup Professionals Musings

He brings a wealth of experience to the table, based on years of consulting work with middle market companies around the world. If you start with a distorted or biased view of what your company needs, no execution is likely to achieve the results that win. Beware of biases that can work against strategic initiatives.

Coach 159
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Pour And Stir II – Managing Your Cost Per Customer

InfoChachkie

As noted in Pour and Stir Part I , the key to the successful execution of this strategy is managing the following equation: The cost to acquire a customer < lifetime value of a customer. Decreasing Your Customer Acquisition Costs. This is equivalent to being handed a free customer for every ten customers you acquire.

Customer 164
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Ten Rookie Startup Mistakes You Won’t Make

InfoChachkie

As an entrepreneur and startup investor, I have helped create companies which achieved two IPOs which collectively raised over $100 million, as well as two acquisitions which totaled $385 million. Fallacy: AdVentures tend to evolve once you begin speaking with pesky customers and demanding partners. “Learn from the mistakes of others.

Startup 242
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NDA Stealth Mode and Sharing Your Startup Concept

SoCal CTO

One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? Especially if the idea could be whipped-up by a few 24-year olds in a few weeks? Lots of thoughts here. You’ll get suggestions for improvements.

Startup 211
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NDA Stealth Mode and Sharing Your Startup Concept

SoCal CTO

One of the readers asked my opinion around sharing your startup concept: My first question has always been - how do you protect your idea while shopping around for feedback, partners, developers, etc.? Especially if the idea could be whipped-up by a few 24-year olds in a few weeks? Lots of thoughts here. You’ll get suggestions for improvements.

Startup 198
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63 Los Angeles Entrepreneurs To Be Proud Of

SoCal Delicious

Features like this, as well as our daily interviews wouldn’t be possible without the amazing support of our sponsor eMinutes – a law firm here in Los Angeles that focuses on helping entrepreneurs structure their companies. Thank you eMinutes. Right now they’re setting up 500 free corporations for first time entrepreneurs.