Startup Professionals Musings

AUGUST 9, 2020

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. So the first question I usually get is what percent of the company or equity is that person worth? You need to find the skills or experience you don’t have in business, technology, or money.

Startup 174

Startup Equity Patents CTO Hire 174

Berkonomics

AUGUST 3, 2023

However, most often, these funds are solicited by a well-meaning entrepreneur from investors who are not qualified as accredited investors under the law (currently requiring a proved income of $200,000 a year or $1 million in net worth for an individual investor). It is most often a win-win for both you and the strategic partner.

Venture Capital 295

Venture Capital Startup Class Invest 295

Berkonomics

JANUARY 7, 2021

It starts with sharing the opportunity and upside. Think of startups and early stage businesses whose entrepreneurs you know. We should think of the creation and growth of a high valued company as the sum of three parts, with three distinct classes of participants helping to make real value out of a raw start-up.

Startup 240

Startup Equity Statistics Entrepreneur 240

InfoChachkie

AUGUST 26, 2013

This approach allows your venture to "fail in the small" and make course corrections before spending significant marketing resources. When the venture was unable to initially meet its grandiose expectations, the market crucified the company. As such, entrepreneurs should not attempt to validate their assumptions.

Marketing 247

Marketing Entrepreneur Journal Media 247

Berkonomics

JANUARY 25, 2024

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. We had no term for such work in those days and created the phrase “resource capitalist” to describe the person and process.

Coach 156

Coach Organization Resource Equity 156

Startup Professionals Musings

JULY 5, 2021

As I have said many times, the cost of entry for an aspiring entrepreneur has never been lower, and the total wealth of opportunities has never been larger. I was inspired by the classic book, “ Resource Revolution: How to Capture the Biggest Business Opportunity in a Century ,” by Stephan Heck and Matt Rogers.

Startup 162

Startup Resource Entrepreneur Social Media 162

Berkonomics

FEBRUARY 3, 2010

This insight follows closely the conclusions from the previous declaration, that professional investors negotiate tough terms, from provisions of control over asset acquisition, eventual sale of the company, future investments, forced co-sale when others attempt to sell their shares and more.

Resource 149

Resource Startup Invest Entrepreneur 149

Startup Professionals Musings

JUNE 3, 2023

One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. A few are still trying to make a profitable business out of nurturing startups, but it’s a challenge to make money when your customer startups don’t have many resources to give.

Organization 92

Organization Incubator Startup Resource 92

SoCal CTO

SEPTEMBER 20, 2011

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.? This is going to be fairly specific to the company. I also will point out that in the The 15 Mistakes of First Time Entrepreneurs : 9.

Startup 211

Startup IP Ideas Patents 211

Startup Professionals Musings

OCTOBER 20, 2019

In fact, Conscious Capitalism companies, for example, historically have outperformed the S&P 500 index by a factor of ten. Here is my interpretation of the key focus points and requirements to be categorized as open: Shared beliefs (purpose). Shared risks (open capital). Shared knowledge packaging (shareability).

Organization 52

Organization Social Media Examples Customer 52

SoCal CTO

SEPTEMBER 20, 2011

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.? This is going to be fairly specific to the company. I also will point out that in the The 15 Mistakes of First Time Entrepreneurs : 9.

Startup 198

Startup IP Ideas Patents 198

InfoChachkie

APRIL 7, 2010

During the height of the dotbomb bubble, numerous companies struck Barney deals. They were dubbed Barney deals because the structure of such relationships was so lightweight that the underlying agreements merely affirmed the companies’ mutual affection, as articulated in Barney’s theme song, “I love you, you love me.

Resource 154

Resource Paramount Press Metrics 154

SoCal Tech Calendar

FEBRUARY 7, 2012

Saturday, February 11, 2012 -- Creating Successful Companies Through Incubation. Caltech/MIT In todays economic environment early stage companies need to optimize their resources, and can benefit from assistance in building their organizations into growing and successful businesses. See [link] (more)

Incubator 100

Incubator Company Companies CalTech 100

Berkonomics

NOVEMBER 11, 2021

Venture capitalists sometimes make an error in directing their portfolio company CEOs to push resources to the limit and scale the business to immense size quickly, all to seize market share. It was true for Amazon and other visionary companies that grabbed market share during the early Internet era. But beware.

Venture Capital 156

Venture Capital Social Media Invest Marketing 156

Startup Professionals Musings

APRIL 28, 2023

Entrepreneurs seem to have blinders on when looking at competitors. With this agreement in place, there are a host of ways that both sides can win: Share common technology. Every startup has a core competency which should not be shared. Expand the market for both. Up-sell related products or cross endorsement.

Startup 105

Startup Outsource Competition Entrepreneur 105

TechCrunch LA

MAY 12, 2020

Mogul Millennial : a media startup sharing professional resources for Black entrepreneurs. Another investment from this batch, Mogul Millennial, is building a media brand around connecting Black professionals with professional resources. Charli Cohen : a “next-gen” streetwear fashion brand.

Invest 237

Invest Startup Artificial Inteligence Class 237

Jason Nazar

JULY 1, 2016

Entrepreneurs often lament big companies, but most of us hope we’ll create just that. Add in public company demands, lawsuit targets, & millions of customers to continually satisfy, and you have to have great respect for those doing it well. Decisions that take entrepreneurs an hour, often take months at large companies.

Entrepreneur 55

Entrepreneur Company Companies Outsource Development 55

Berkonomics

JUNE 29, 2017

If you have been following our recent insights, you’ll be up to speed knowing that professional investors negotiate tough terms, from provisions of control over asset acquisition, eventual sale of the company, future investments, forced co-sale when others attempt to sell their shares and more.

Invest 243

Invest Entrepreneur Sales Startup 243

Startup Professionals Musings

NOVEMBER 12, 2017

Here is my interpretation of the key focus points and requirements to be categorized as open: Shared beliefs (purpose). Shared risks (open capital). Share the costs and risks, and therefore the ownership and the passion with your constituents. Shared clients and objectives (networked organization).

Organization 57

Organization Social Media Customer Custom 57

Startup Professionals Musings

MAY 30, 2020

Most aspiring entrepreneurs look to their alma mater, or any university, as a source of classes that can help them, but neglect to think outside the box or take advantage of all the other resources to be found there. Get help with grant funding and incubator resources. Access to entrepreneurs-in-residence, business mentors.

Class 124

Class Startup Resource Mentor 124

Startup Professionals Musings

JULY 26, 2021

Intuitively, many entrepreneurs and businesses believe that the key to faster growth and success is more products, features, and markets. Since we all have limited resources, and can’t add more hours to the day, the result is usually more things done poorly, rather than a few key things done better than anyone else. Just ask J.C.

Startup 154

Startup Resource Entrepreneur Metrics 154

InfoChachkie

AUGUST 4, 2014

Although far wittier than yours truly, Chuck shares my heightened sense of cynicism. My research led me to Wildland Adventures, one of the pioneering companies in the ecotravel space. I reached out to the company and Mr. Kutay graciously shared his multi-decade entrepreneurial journey with me.

Entrepreneur 187

Entrepreneur Startup Social Media Resource 187

InfoChachkie

OCTOBER 24, 2011

There has recently been a common theme among the entrepreneurs I have interviewed and the conferences I have attended: despite the relatively weak state of the world economy, now is a great time to create a high-tech startup. As Guy Kawasaki pointed out in our recent conversation , “…it is cheaper than ever to start a company.

Company 257

Company Companies Startup Study 257

InfoChachkie

FEBRUARY 11, 2013

In many instances, investors simply do not have the patience to wait for an entrepreneur to sufficiently clean up their deal once a significant issue is identified during the due diligence process. However, as a company's growth accelerates, the core team members are often handicapped by disparate locales. Share and Enjoy.

Technical Review 264

Technical Review Entrepreneur IP RSS 264

Startup Professionals Musings

JULY 2, 2021

In the eyes of investors like me, to be an entrepreneur, it’s not enough to create an innovative solution – you need to convince me that you can build a profitable business. An example would be the now popular notion of consumers sharing underused resources, such as ride sharing (Uber) incenting the businesses of home sharing (Airbnb).

Funding 152

Funding Startup Ideas Resource 152

InfoChachkie

JUNE 27, 2011

I recently answered the question “ What are good ways to raise your children to be entrepreneurs? ” I believe that you cannot teach someone to be an entrepreneur, but that you can teach entrepreneurs. Thus, my goal is to highlight a few books, games and other activities parents can share with their children. No Paychecks.

Entrepreneur 270

Entrepreneur Startup Venture Capital Resource 270

TechCrunch LA

JANUARY 18, 2019

The strategy has evolved since Geder and Harris made their first investment twelve years ago into a company called Streetcred.com, a site that allowed fans to go online and share opinions about street culture. And that’s by coming together to pool our resources so we can invest more.” Calvin Broadus Jr.

Invest 187

Invest Los Angeles Resource Venture Capital 187

InfoChachkie

JANUARY 16, 2018

Without taking a dime of outside capital, the company has achieved impressive success in a competitive, SaaS market segment, landing companies such as Nike, Intuit, NASA, AutoDesk and PBS. What makes their story more remarkable, in the age of 20-something billionaires, is that both of the company’s founders are in their 50’s.

Venture Capital 115

Venture Capital Entrepreneur Santa Barbara SaaS 115

Startup Professionals Musings

APRIL 16, 2021

The ultimate compliment that any entrepreneur can get is that they can “see around corners.” Great entrepreneurs seem to all exhibit a common set of attributes which go well beyond the basic skills required to be an entrepreneur: “Larger than life” personality and presence. We can all point to the casualties from that approach.

Marketing 157

Marketing Design Entrepreneur Ideas 157

Startup Professionals Musings

JULY 20, 2022

By definition, new startups have to do this to even have a shot at funding from venture capitalists and survival, but I find that existing companies often rest on their laurels far too long. Why else would name brands with huge resources, like Blockbuster and Kodak , get overrun by upstarts like Netflix and Apple.

Artificial Inteligence 146

Artificial Inteligence Netflix Resource Customer 146

Startup Professionals Musings

MAY 1, 2016

Most aspiring entrepreneurs look to their alma mater, or any university, as a source of classes that can help them, but neglect to think outside the box or take advantage of all the other resources to be found there. Get help with grant funding and incubator resources. Access to entrepreneurs-in-residence, business mentors.

Entrepreneur 55

Entrepreneur Capital Class Startup 55

Startup Professionals Musings

SEPTEMBER 20, 2021

Thus entrepreneurs were able to build prototypes and design new products without the traditional huge prototyping cost. They have also become great networking events for meeting other like-minded entrepreneurs. I believe the Maker Movement and hardware startups with limited resources are made for each other. Marty Zwilling.

Startup 159

Startup Tool Design Demand 159

Startup Professionals Musings

AUGUST 24, 2016

I always tell entrepreneurs that two heads are better than one, so the first task in many startups is finding a co-founder or two. So the first question I usually get is what percent of the company or equity is that person worth? You need to find the skills or experience you don’t have in business, technology, or money.

Equity 62

Equity Startup Patents CTO Hire 62

InfoChachkie

JANUARY 18, 2012

As part of UC Santa Barbara’s Distinguished Lecture Series, serial entrepreneur and noted venture capitalist Mark Suster recently shared his advice with a large crowd of emerging entrepreneurs. In the last six weeks, I have been pitched by five entrepreneurs under 20. free weekly Infochachkie articles!

Entrepreneur 272

Entrepreneur Startup Conference Santa Barbara 272

Startup Professionals Musings

JANUARY 14, 2022

Most entrepreneurs who start a company alone soon come to the conclusion that two heads are better than one – someone to share the workload, the hard decisions, costs, and tasks you don’t like. We have different values and ethics, but share a passion for this business.” Let’s keep it in the family.”

Startup 140

Startup Satisfaction Writing Entrepreneur 140

Startup Professionals Musings

AUGUST 1, 2020

Entrepreneurs seem to have blinders on when looking at competitors. With this agreement in place, there are a host of ways that both sides can win: Share common technology. Every startup has a core competency which should not be shared. Expand the market for both. Up-sell related products or cross endorsement.

Startup 126

Startup Outsource Competition Acquisition 126

Startup Professionals Musings

JULY 29, 2023

As an advisor to early-stage entrepreneurs, I see a lot of dreams, but not so many business results. I’ve always wished I had a magic metaphor to motivate the best dreamers to become the best entrepreneurs. A business entity has to be created and real resources applied. Make your dreams the shared dreams of everyone.

Ideas 105

Ideas Startup Entrepreneur Social Media 105