Berkonomics

DECEMBER 6, 2018

People argue over whether an entrepreneur with a sense of fairness, a desire for collegiality, a want to share the profits can succeed in the long run within a business world full of lions and tigers that eat timid entrepreneurs for lunch. Stories of the selfish entrepreneur. Does a “good heart” diminish the chances of success?

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Entrepreneur Metrics Email Organization 180

Berkonomics

AUGUST 17, 2023

Preparing for the game… 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.

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Berkonomics

JANUARY 24, 2019

Entrepreneurs tend to remain in the business niche they know best. Usually that means one they once or recently spent time in as an employee or manager within a company where they had little or no ownership. Are you one of those? The obvious admonition. Digital or analog!

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Company Companies News Startup 120

Berkonomics

JANUARY 24, 2019

Entrepreneurs tend to remain in the business niche they know best. Usually that means one they once or recently spent time in as an employee or manager within a company where they had little or no ownership. Are you one of those? The obvious admonition. Digital or analog!

Company 120

Company Companies News Startup 120

Berkonomics

APRIL 12, 2018

Small companies most often scrape by with borrowed or invested funds, doing everything possible to grow and prosper with limited resources. So, it is like a punch in the gut when an employee makes a claim against the company for a perceived or actual but unintentional violation of a law or regulation. So, my advice is simple.

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Berkonomics

DECEMBER 6, 2018

People argue over whether an entrepreneur with a sense of fairness, a desire for collegiality, a want to share the profits can succeed in the long run within a business world full of lions and tigers that eat timid entrepreneurs for lunch. Stories of the selfish entrepreneur. Does a “good heart” diminish the chances of success?

Entrepreneur 120

Entrepreneur Metrics Email Organization 120

InfoChachkie

MAY 12, 2014

I recently received an email from a former student in which he described how he was able to secure a lunch meeting with a high-profile entrepreneur who is operating multiple ventures in parallel. I wasn''t surprised by Benedikt''s email, as I was aware of his confidence and politely aggressive personality. Meeting Adam Cheyer.

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Entrepreneur Santa Barbara Email Startup 211

Berkonomics

NOVEMBER 21, 2019

Often, we joke together as managers of companies or of people that our goal is “world domination” or “to crush the competition.” How about companies formed to profit and give to charity? Companies living on the edge or losing money often cannot make those vital promises, affecting its reputation, security and equity value.

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Both Sides of the Table

SEPTEMBER 12, 2010

I recently got an email from a friend who had been approached by a well known VC. He sent me an email asking whether the approach was real and whether he should take it seriously. Here is the email he received (reprinted without names with his permission). “Hi [entrepreneur], I hope all is well.

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Venture Capital Entrepreneur Email Equity 294

InfoChachkie

FEBRUARY 25, 2013

Someone on Quora recently asked me to answer the following question: Why Do Digital Entrepreneurs Hate MBAs? Tech entrepreneurs' consternation with MBAs does not rise to the level of loathing. As noted in Startup Advice From College Dropouts , successful entrepreneurs are often poor students. Look For MBA Outliers.

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Entrepreneur Technical Review Case Study Class 279

TechCrunch LA

DECEMBER 16, 2020

The initial M13 Launchpad program will leverage PepsiCo executives and advisors to take entrepreneurs-in-residence on a 12-week long program in ideating and launching a health and wellness-focused startup.

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Los Angeles Email Entrepreneur Platform 245

Berkonomics

FEBRUARY 6, 2014

Creating a gerat company in a relative vacuum is an exercise in complete trust that the entrepreneur knows what’s best for the customer, perhaps even without interaction with such a customer. So, I’ve developed the three step dance in order to help form a repeatable method of how to create a great company from an early idea.

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Berkonomics

MARCH 30, 2017

But all will immediately question whether the new business will compete in any way with their enterprise, and react to the future entrepreneur in either of two very distinct ways based upon those fears. Most senior and middle level managers will understand when a subordinate comes to them to resign and begin a new business.

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Berkonomics

DECEMBER 15, 2022

It is natural for executives and entrepreneurs with lots on their plate and little extra time – to just keep up the same activities that have made the company a success. Keep on doing what works and that grows the company (rinse and repeat) and actively work on the rest? Good ones tend to stay with the company longer.

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Berkonomics

NOVEMBER 2, 2023

I guarantee that there comes a time when growing businesses outgrow the original span of control of the entrepreneur. It is a critical period and is a test of the entrepreneur’s desire and ability to delegate. Email readers, continue here…] My story of “that rock” in one paragraph. Comfort, or risk-it-all?

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Los Angeles .Net Content Entrepreneur 156

Berkonomics

AUGUST 3, 2023

Friends, family and fools: [Email readers, continue here…] This term, although pejorative, describes the typical mix of early investors in a small, young growing business. And even with the significant cost of credit card debt, many entrepreneurs aggressively use existing cards to finance a startup.

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Berkonomics

FEBRUARY 16, 2023

Here’s the IRS take on the issue: It is no secret that the IRS carefully looks below the surface for personal use of company assets (including cash) in its corporate income tax audits. Or of the reaction of your accounting person when asked to book obvious personal uses of the corporate credit card as company expense.

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Entertainment Email Entrepreneur Pricing 156

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. Some charge by the hour, making themself available much as an attorney, keeping track of hours spent on phone calls and emails with you.

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Berkonomics

JANUARY 20, 2022

Dave’s note: This is a reprint of a 2015 insight that seems to have struck a chord with investors and entrepreneurs. None of this advice has changed… Let me tell you a few short hair–raising stories of entrepreneurs who have raised money and regretted it later. The problem, of course, comes if the business fails.

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Startup Entrepreneur Invest Course 317

Berkonomics

NOVEMBER 1, 2018

So, you are close to selling your company, and counting the profits a bit early. Some companies, especially those financed by angel or VC investors, have good, formal stock option plans with properly priced options set to reward all employees and managers in the event of a corporate sale. Well, that’s human nature.

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Sales Venture Capital Writing Email 480

Both Sides of the Table

DECEMBER 19, 2009

This is part of my new series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. I started the series talking about what I consider the most important attribute of an entrepreneur : Tenacity. Many entrepreneurs struggle with their setbacks.

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Entrepreneur Startup Slides Seed Funding 288

Berkonomics

JANUARY 7, 2021

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. One: The entrepreneur. Two: Co-management. Reward for early risk.

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Startup Equity Statistics Entrepreneur 240

Both Sides of the Table

JANUARY 31, 2011

One of the most common questions that entrepreneurs who meet me for the first time like to ask is, “Do you miss being an entrepreneur? I thought I’d talk a bit about the differences I’ve experienced between being an entrepreneur & a VC – you know, from “both sides of the table.&#. On Being an Entrepreneur.

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Entrepreneur Startup Venture Capital Ideas 384

Both Sides of the Table

SEPTEMBER 23, 2010

I thought I’d try to look at it from a different lens, that of the entrepreneur. As an entrepreneur you should assume that. They’re not in search of price fixing or collusion, they’re in search of diligence information about the company. Two emailed Marc Benioff directly. Investors talk to each other.

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Pricing Entrepreneur Technical Review Venture Capital 292

Berkonomics

MAY 11, 2023

Here’s a test: Several weeks ago, we published statistics of start-up and company failures. None of this is to say that an inexperienced entrepreneur cannot lead a great new business. And it’s a tough test at that. Of course, you could be the exception.

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Statistics Startup Ideas Entrepreneur 156

InfoChachkie

JUNE 3, 2013

John Lusk, along with his Co-Author Kyle Harrison, leveraged their humble company''s newsletter into The MouseDriver Chronicles , a New York Times bestselling book. The company''s newsletter was initially created to share their entrepreneurial journey with their family and friends. an email) to about 35 people.

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Newsletter Startup Entrepreneur Writing 233

Berkonomics

MARCH 1, 2012

Starting and running a small or growing business can be a challenge to the most confident and optimistic entrepreneur. Most any entrepreneur with a clean credit record can obtain a bank card with a $50,000 limit, if s/he is willing to give a personal guarantee and has enough assets to back the promise it contains.

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Entrepreneur Startup Email Ideas 176

TechCrunch LA

APRIL 7, 2020

Thousands of companies have indicated interest in the last several days,” a spokesperson wrote in an email. ” The stimulus loans that startups hope to access were created to save jobs at companies affected by the government’s closure of non-essential businesses. .” There will be money.

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Startup Email Los Angeles Entrepreneur 167

Berkonomics

FEBRUARY 23, 2023

When do you sell your company? Those of us in the business of calculating (guessing) this mythical peak in value often make the same mistake as our entrepreneurs. Companies sometime run out of cash in the midst of their increasing success, and often find that sources of loans or investment are not freely flowing at the moment of need.

Pricing 156

Pricing Invest Equity Entrepreneur 156

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. Frictionless Fundraising.

Technical Review 264

Technical Review Entrepreneur IP RSS 264

InfoChachkie

SEPTEMBER 17, 2012

However, certain questions can be tricky for an entrepreneur to answer. Below are five common questions an entrepreneur will encounter when seeking venture funding. Handled appropriately, these questions provide investors a window into an entrepreneurs’ soul, which minimizes the chances of a future misalignment.

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Entrepreneur Google Invest RSS 253

InfoChachkie

AUGUST 8, 2012

The following guest post is from Laurie Barkman, Marketing Lead at The Resumator , a SaaS applicant tracking system and hiring platform trusted by many of the fastest-growing companies in the world, including: Pinterest, Tumblr, Hootsuite, Klout, Posterous, Bitly, Atari and Mashable. A key to business success is agility. Confidence.

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Berkonomics

OCTOBER 8, 2015

We come to the end of this cycle of insights with a thought about how you might view your successful exit from the company you have spent so much effort to build. Email readers, continue here…] First there comes a sense of relief, knowing that you no longer need to worry over daily cash or threats to your net worth.

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Entrepreneur Writing .Net Sales 120

Berkonomics

JULY 15, 2021

Many senior managers and early entrepreneurs create their own mess with this one. The first professional senior manager that an entrepreneur hires to share the growing workload does not last more than a year. Email readers, continue here…] I’ve seen this happen so many times, it is almost a rule for me.

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Entrepreneur Metrics Coach Startup 156

TechCrunch LA

JANUARY 26, 2020

The Los Angeles startup community is joining the rest of the world in mourning the death of NBA superstar, entrepreneur and investor Kobe Bryant who was killed in a helicopter crash in Calabasas, Calif., Bryant launched his venture career with partner and serial entrepreneur Jeff Stibel back in 2013, according to Crunchbase.

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Venture Capital Los Angeles Legalzoom Calabasas 359

InfoChachkie

MAY 5, 2016

Given TimeHop’s failed experiment, I was especially intrigued when I learned that a team of a dozen remote entrepreneurs hack the typical corporate structure and creates a company that generated nearly $100 million in revenue. Some companies allow employees to work remotely one day a week or on an ad hoc basis. FastSpring.

Entrepreneur 100

Entrepreneur Santa Barbara Email Outsource Development 100

InfoChachkie

JANUARY 12, 2015

One of my top former students, Fredi Fernandez , recently sent me a compelling email. Fredi''s email is worth reading, as it reinforces how lucky American entrepreneurs truly are. However, from an entrepreneur''s viewpoint, the philosophical distance can be measured in light years. He founded Alpha Origins in 2011.

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Entrepreneur Startup Santa Barbara Venture Capital 100