Startup Professionals Musings

AUGUST 28, 2022

Many entrepreneurs still don’t understand that building a business culture today of doing good, like helping people (society) and planet (sustainability), is also a key to maximizing profit. Every company needs this focus to attract the best minds and loyalty in both categories. Doing business is a human process.

Organization 143

Organization Startup Pricing Customer 143

Both Sides of the Table

MARCH 11, 2010

Recently I’ve been debating with a number of young startup companies that are raising money in the next few months, “what is the right about of capital to raise at a startup?&#. It places undue pressure early in the company’s history to “do big things&# when sometimes what is warranted is more prudence.

Startup 319

Startup Venture Capital Capital Competition 319

Startup Professionals Musings

SEPTEMBER 2, 2019

Every so often a promising entrepreneur seems to freeze in the oncoming headlights and gets run over by his competition. The company's market is the same. These points may sound obvious, but the process is certainly contrary to the popular “shoot from the hip” approach that is practiced by some entrepreneurs.

Entrepreneur 92

Entrepreneur Ideas Research Demand 92

Startup Professionals Musings

OCTOBER 21, 2022

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. The price of entry can be less than $10,000, so the competition is huge and growing rapidly. If you want to drive up the demand for your core product, one smart tactic is to drive down the price of all complementary products.

Develop 138

Develop Development Platform Mobile 138

Startup Professionals Musings

SEPTEMBER 20, 2019

No business or startup wants to be the next Myspace, or even the next RIM (BlackBerry), where changes in the marketplace were subtle. For example, if it’s getting harder to charge a price premium for the product you’re marketing, or others are offering your subscription service for free, it may be time to start thinking in a new box.

Entrepreneur 93

Entrepreneur eBook Metrics Examples 93

Startup Professionals Musings

JUNE 4, 2022

Every so often a promising entrepreneur seems to freeze in the oncoming headlights and gets run over by his competition. The company's market is the same. These points may sound obvious, but the process is certainly contrary to the popular “shoot from the hip” approach that is practiced by some entrepreneurs.

Ideas 155

Ideas Entrepreneur Research Demand 155

Tech Zulu Event

MARCH 31, 2014

On Sunday, March 2 nd at USC, these rivals took their battle to a new platform: startups. With the help of co-hosts and partners, including Bruin Entrepreneurs , Start-up UCLA , USC E-Club , Incubatrix, and more, Wowfand was able to put together the first startup rivalry to decide the dominant startup school in Los Angeles.

Startup 101

Startup USC UCLA Southern California 101

Both Sides of the Table

MAY 23, 2010

Often when startups who have raised venture capital need another round of financing they will turn to their existing investors to give them money before raising from outsiders. It starts as a debt instrument (e.g. They also trust VC’s to determine the right price to pay for the company securities that they buy.

Startup 290

Startup Funding Venture Capital Pricing 290

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.? Especially if the idea could be whipped-up by a few 24-year olds in a few weeks? This is going to be fairly specific to the company.

Startup 211

Startup IP Ideas Patents 211

Both Sides of the Table

MAY 6, 2018

The best entrepreneurs in our industry focus on it year-round as opposed to just once every 18 months. Rather than overwhelm you with a super long Suster post I thought I’d break it up into a series of 13 (or so, might expand) posts. The investor is a customer and they have money to spend but only for a limited number of companies.

Funding 236

Funding Venture Capital Startup Entrepreneur 236

Both Sides of the Table

DECEMBER 27, 2011

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” Exec Summary: Most companies (98+%) in the world (even tech startups) should be very profit focused. ” The Details.

Startup 418

Startup Venture Capital Sales Technical Review 418

Startup Professionals Musings

JUNE 7, 2015

Many entrepreneurs still don’t understand that building a business culture today of doing good, like helping people (society) and planet (sustainability), is also a key to maximizing profit. Every company needs this focus to attract the best minds and loyalty in both categories. Doing business is a human process.

Entrepreneur 117

Entrepreneur Organization Startup Pricing 117

Startup Professionals Musings

JUNE 2, 2023

If you aren’t willing to take some risk as an entrepreneur, then don’t expect any gain. Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. A strong team has one or more executives who have run a startup before in the current business domain.

Invest 98

Invest Sites Technical Review Social Media 98

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.? Especially if the idea could be whipped-up by a few 24-year olds in a few weeks? This is going to be fairly specific to the company.

Startup 198

Startup IP Ideas Patents 198

Startup Professionals Musings

JUNE 20, 2022

No business or startup wants to be the next Myspace, or even the next RIM (BlackBerry), where changes in the marketplace were subtle. For example, if it’s getting harder to charge a price premium for the product you’re marketing, or others are offering your subscription service for free, it may be time to start thinking in a new box.

eBook 111

eBook Metrics Examples Startup 111

Startup Professionals Musings

FEBRUARY 9, 2015

Every so often a promising entrepreneur seems to freeze in the oncoming headlights and gets run over by his competition. The company''s market is the same. These points may sound obvious, but the process is certainly contrary to the popular “shoot from the hip” approach that is practiced by some entrepreneurs.

Entrepreneur 105

Entrepreneur Ideas Research Demand 105

Startup Professionals Musings

JANUARY 12, 2013

Many entrepreneurs I know don’t realize that the language they learned in the corporate world, or even their recent MBA class, won’t get them ahead in the startup world today. Even if you have heard some of the new terms, but can’t explain how, when, and why they are relevant to your startup, you may be in jeopardy.

Entrepreneur 109

Entrepreneur Startup Web Equity 109

Startup Professionals Musings

AUGUST 5, 2013

A good many startups I know have been “successful” over a couple of years in overcoming the challenges of starting the business, including incorporation, services development, funding, and setting up operations. It’s important to stand up to competition and wear your reputation on your sleeve. Mix things up.

Entrepreneur 93

Entrepreneur Startup Outsource Development Sales 93

socalTECH

DECEMBER 26, 2019

Every year, at the end of the year, we share some reflections on the past year from our readers, entrepreneurs, venture capitalists, sponsors, and others in the local technology community. What was the biggest news for you/your company this year? These are all gigantic categories with hundreds of new startups founded each year.

Southern California 100

Southern California News Platform Class 100

Both Sides of the Table

MARCH 25, 2016

Many startup businesses – tech or otherwise – fail. In our industry we applaud the efforts for entrepreneurs to have tried and we know that today’s failure can bring the experience for tomorrow’s success. But today I want to give you advice on how to decrease your odds of failure in a startup.

Startup 150

Startup Marketing Study SEO 150

Startup Professionals Musings

MARCH 18, 2015

No business or startup wants to be the next Myspace, or even the next RIM (BlackBerry), where changes in the marketplace were subtle. For example, if it’s getting harder to charge a price premium for the product you’re marketing, or others are offering your subscription service for free, it may be time to start thinking in a new box.

Entrepreneur 106

Entrepreneur eBook Metrics Startup 106

SoCal CTO

JUNE 9, 2010

Continuing my series of posts that I’ve been collecting that live at the intersection of Startups and being a Startup CTO : Startup CTO Top 30 Posts for April 16 Great Startup Posts from March here are the top posts from May 2010. Why Entrepreneurs Hate Lawyers. It is to out friend. Enjoyed this post? Disruptive.

Startup 248

Startup Venture Capital Conference Social Media 248

socalTECH

APRIL 1, 2019

We've spoken with Eli before, but it's been a few years so we thought we'd catch up with him on how Sense360 is doing. Portnoy is a serial entrepreneur, having previously founded ThinkNear, a startup which went from the Techstars startup accelerator to an exit in only 14 months. That's the basic premise of the company.

Startup 113

Startup Culver City Competition Customer 113

Both Sides of the Table

JULY 21, 2014

For what ever reason we’re wired to have amnesia during the run up and prescient memories of how we ‘knew it all along’ as soon as the slide begins. Once you understand both sides of the cycle you start to recognize signs of behavior during each phase. And it’s when mediocre companies get pulverized.”

Marketing 354

Marketing Case Study Metrics Sales 354

socalTECH

OCTOBER 11, 2016

What's the difference between pitching your startup on television, versus pitching your startup in real life? And how do you best take advantage of a TV audience to promote your startup? Hatched recently started into its second season. I think the best entry level position is starting in investment banking.

Startup 100

Startup Entrepreneur Invest Competition 100

Startup Professionals Musings

MAY 15, 2020

As an angel investor, I see plenty of startups focusing on building an innovative product, but I’m looking for the few who are also leading with an exponential growth strategy, to put them in the category of the next Amazon or Google. Sponsor some friendly competitive events with prizes.

Marketing 170

Marketing Startup Examples Customer 170

socalTECH

JULY 24, 2018

Los Angeles Cleantech Incubator (LACI) and the California Clean Energy Fund (CalCEF) recently announced the California Climate Cup ([link] a new startup competition tied into the upcoming Global Climate Action Summit in San Francisco in September. How did the competition come about? This is one opportunity to do that.

Competition 100

Competition Incubator Startup Ideas 100

InfoChachkie

JULY 26, 2010

Entrepreneurs can emulate de la Guerra’s strategy and make their adVenture appear far larger than reality and thus increasing its influence and market reach while discouraging competitive threats by creating an industry alliance. The same phenomenon is true for startups. free weekly Infochachkie articles!

Entrepreneur 168

Entrepreneur Santa Barbara Startup Conference 168

Startup Professionals Musings

NOVEMBER 23, 2019

Many entrepreneurs still don’t understand that building a business culture today of doing good, like helping people (society) and planet (sustainability), is also a key to maximizing profit. Every company needs this focus to attract the best minds and loyalty in both categories. Doing business is a human process.

Organization 128

Organization Startup Pricing Customer 128

Startup Professionals Musings

OCTOBER 9, 2016

If you aren’t willing to take some risk as an entrepreneur, then don’t expect any gain. Yet everyone has limits, and every investor implicitly has similar limits on what makes a startup investable, or one to avoid at all costs. A strong team has one or more executives who have run a startup before in the current business domain.

Startup 104

Startup Entrepreneur Sites Technical Review 104

Startup Professionals Musings

JANUARY 16, 2019

Every aspiring entrepreneur I know is convinced that his or her idea could be the next big startup, blossoming into a billion dollar unicorn. For example, it’s always smart to start by making your entrance into a hot sector. In fact, customer experience can be a greater competitive advantage than your product.

Startup 91

Startup Customer Custom Examples 91

Both Sides of the Table

JUNE 28, 2018

My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.

Santa Monica 256

Santa Monica Funding Startup Course 256

Startup Professionals Musings

OCTOBER 9, 2015

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. The price of entry can be less than $10,000, so the competition is huge and growing rapidly. If you want to drive up the demand for your core product, one smart tactic is to drive down the price of all complementary products.

Startup 98

Startup Platform Pricing Netflix 98

SoCal CTO

APRIL 8, 2010

If I Launched a Startup - The Startup Lawyer , March 17, 2010 Great advice on initial steps of setting up a Startup. Death By Competitive Analysis - Steve Blank , March 1, 2010 Trading emails with a startup CEO building an iPhone app, I asked him why potential customers would buy his product.

Startup 150

Startup Software Review Competition SoCal 150

Both Sides of the Table

SEPTEMBER 15, 2014

If you’re funding the same stuff as everybody else and if you started your activities when the clues were obvious you’re much less likely to drive enormous returns. As is often said if you don’t get at least a few fellow VCs (and entrepreneurs) scratching their heads you may not be funding ideas with enough upside.

Funding 362

Funding Technical Review Ideas Startup 362

Startup Professionals Musings

JANUARY 24, 2020

One of the quickest ways to become an entrepreneur these days is to develop and publish a smartphone app. The price of entry can be less than $10,000, so the competition is huge and growing rapidly. If you want to drive up the demand for your core product, one smart tactic is to drive down the price of all complementary products.

Mobile 126

Mobile Develop Development Platform 126

Startup Professionals Musings

AUGUST 9, 2023

When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. They are devastated when their business growth never starts or stalls, and they have no idea how to get it moving again.

Case Study 89

Case Study Customer Custom Study 89