Startup Professionals Musings

SEPTEMBER 23, 2020

A continuing question I hear from young entrepreneurs is whether a university degree is important to startup success, or just a distraction in achieving their purpose in the world. Both provide entrepreneurial “head start” programs for aspiring entrepreneurs, free legal guidance, and access to experienced staff members.

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Startup Professionals Musings

JULY 17, 2023

I know that dates me a good bit, but it also shows that I have been hanging around startups and big companies for a long time. In retrospect, however, Bill Gates did a lot of things right as a startup that I still look for today in aspiring entrepreneurs and their companies: Build a strong team.

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InfoChachkie

SEPTEMBER 27, 2018

MBA programs don’t teach people how to create companies … our position is that we hire someone in spite of an MBA, not because of one.” MBA’s are an easy target for entrepreneurs’ scorn. Consumer-facing ventures also rely on complex logistics and hyper-efficient distribution channels. “When M.B.A.’s

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Startup Professionals Musings

FEBRUARY 6, 2023

Every business professional I know, or have met in my consulting role, has given serious thought to the alternative of switching to the entrepreneur lifestyle , pursuing a long-standing dream, and controlling their own destiny. For consumers, this is how many users try the solution, and are still using it three months later.

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socalTECH

SEPTEMBER 15, 2016

Is another, Los Angeles consumer startup-- The Honest Company --about to be acquired by Unilever ? An unconfirmed report Thursday afternoon, from TechCrunch, says that Unilever is in early talks to acquire the company, founded by Jessica Alba and SoCal serial entrepreneur Brian Lee. READ MORE>>.

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TechCrunch LA

SEPTEMBER 7, 2020

Launched by Karen Rodgers O’Neil, a longtime marketing executive, and Daniel Perrone, a serial entrepreneur and technology executive whose previous company, BroadMap, was acquired by Apple; The Shed hopes to take the rental model that Home Depot has turned into a billion dollar business line and take it to the masses.

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socalTECH

AUGUST 21, 2014

He talks about his strategy for how to build a company: the ''find out'' and the ''roll out''. Put yourself in your customer/consumers shoes and ask the following questions: Why do I need this? Also, determine what ingredient you want to focus on as a company that will be your core differentiator. Why do I need yours?

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socalTECH

MARCH 28, 2019

Earlier this month, the annual Montgomery Summit conference was held in Santa Monica, including a special portion of the conference dedicated to the Rise of the Female Entrepreneur. I got started in investment banking, focused on helping medical companies buy technology companies, and then later in the enterprise space and in the cloud.

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Startup Professionals Musings

OCTOBER 31, 2020

In retrospect, however, Bill Gates did a lot of things right as a startup that I still look for today in aspiring entrepreneurs and their companies: Build a strong team. Now CIOs, as well as consumers, buy their next computer based largely on an image set by marketing. IBM learned a lot from Microsoft on this one.

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Both Sides of the Table

MAY 19, 2016

We believe that it is incrementally harder to differentiate on simple Internet products or mobile apps and while great companies are built doing this, our goal as a fund is to try and fund things that can be 100x returns if they work. We’re not Pollyannaish about this. In short, we’re after venture returns.

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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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Both Sides of the Table

SEPTEMBER 28, 2014

But what IS the right amount of burn for a company? Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. Gross Burn vs. Net Burn.

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TechCrunch LA

NOVEMBER 12, 2020

Designed to be a collaborative startup company incubator alongside corporate partners, Launchpad focuses on developing new consumer tech businesses focused on M13’s main investment areas: health, food, transportation, and housing. Anna Barber, partner, M13. Image Credit: Raif Strathmann.

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InfoChachkie

NOVEMBER 3, 2014

According to Jared Belsky, President, 360i , “We see Search and Social as a 24 hour real-time consumer focus group that helps us stay on top of what consumers care about for our brands. Wilson: "I feel that it’s very challenging for a company that has a great core product to expand into other areas. Image: Wikipedia.

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Both Sides of the Table

OCTOBER 8, 2014

” It’s the most common refrain I hear from investors and even entrepreneurs these days. What is perhaps different from other regions is that we have large indigenous aerospace industry and a big high-tech import/export trade as opposed to a lot of software companies. “There’s something going on in LA.”

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socalTECH

FEBRUARY 17, 2017

He eventually founded and sold consumer health firm ViSalus to a public company and is now back making investments, in technology companies, as a venture capitalist here at Los Angeles-based HashtagOne (www.hashtagone.com). After we sold it to that public company, I founded HashtagOne.

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socalTECH

NOVEMBER 8, 2012

Qualcomm Labs , the incubator subsidiary of Qualcomm Technologies , has announced the first set of companies funded through its new QualcommLabs@EvoNexus program today, saying that it has funded three companies with a round of seed funding. READ MORE>>.

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Startup Professionals Musings

OCTOBER 23, 2022

In addition, consumers have traditionally been reluctant to share personal information with any non-human entity, fearing some misuse or privacy invasion. Seven Lessons in Business Strategy, Consumer Behavior, and the Internet of Things ,” David W. Context-comfortable consumers – 27 percent. Reluctant consumers – 44 percent.

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InfoChachkie

JULY 21, 2016

The reality television show Shark Tank makes for entertaining content but many of its underlying messages are potentially detrimental to tech entrepreneurs. Thus, emerging entrepreneurs should parse fact from fantasy by watching the show with an experienced business pro. It is also an inspirational alter call to entrepreneurship.

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Both Sides of the Table

APRIL 17, 2010

Thursday night was the unveiling of the newest batch of Launchpad LA companies. The VC’s & executives were then asked to make “commitments&# (in writing) to 3-5 of the companies that they felt they could make some sort of contribution to. Have a look at the companies below.

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Both Sides of the Table

JANUARY 5, 2010

This is part of my 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. Entrepreneurs are inherently risk takers.

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Both Sides of the Table

FEBRUARY 7, 2011

Equally, I encouraged entrepreneurs to spend time getting to know their future VCs early because getting a feel for your chemistry is far more important than how the VC is ranked in some survey. Equally, I encouraged entrepreneurs to thoroughly reference check their VCs – you’ll learn much more from this than anything else.

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Startup Professionals Musings

FEBRUARY 22, 2014

My plea to entrepreneurs is to recognize these concerns as an opportunity, to make people’s life better, rather than stoke the fires. I know companies who collect sensitive data from consumers all the time, and still seem to keep a squeaky clean image (Amazon.com, Ebay). Why is everyone so paranoid these days?

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Startup Professionals Musings

SEPTEMBER 20, 2019

New unmet consumer or customer needs. Perhaps you own a consumer products store and see that following the introduction of a new iPad model, there are no attractive protective cases for them yet available. Taxi or bus companies are often slow to recognize a new popular travel location based on population shifts or resort communities.

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Startup Professionals Musings

SEPTEMBER 15, 2021

More entrepreneurs want to be socially responsible these days, but fear a negative impact on profits, growth, and the ability to find an investor. The B-Corp status is meant to reduce investor suits, and gives consumers an easy way to spot genuine social commitment, without assuming it is a non-profit.

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Tech Zulu Event

AUGUST 19, 2013

Silicon Valley’s 9+, an accelerator founded by serial entrepreneur and company builder Peter Relan is investing $110,000 into game developers to quit developing games and shift to consumer, mobile, Big Data and wearable apps. 110,000 to quit developing games for wearable apps. 2 million raised. 2 million raised.

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socalTECH

MARCH 16, 2017

Are you an entrepreneur, looking for capital here in Southern California? It's turning out to be a great time for entrepreneurs looking for funding in the region, with not only high profile exits of such companies as Snap Inc., Managing Director: Ryan Blair Investment interests: Companies which leverage direct-to-consumer model.

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Both Sides of the Table

AUGUST 23, 2012

In case you don’t know, they are one of the biggest media companies in the world. I asked Andrew how companies can best work with Condé Nast and he gave the answers in the episode. He also covered how “traditional media companies” think about the future and how they view disruption. 50:30 Is Pinterest real?

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Startup Professionals Musings

AUGUST 29, 2014

Many entrepreneurs think that adapting to the new technologies, like smart phones and Internet commerce, are the key to attracting new customers. In fact, businesses need to adapt just as completely to the changes in the buying and social behavior of consumers. When faced with uncertainty, consumers tend not to take risks.

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InfoChachkie

MARCH 21, 2019

Ida was well positioned to expand her market from upscale clients purchasing custom dresses to mass market consumers. Ida wasn’t even the first modern-day entrepreneur to offer women brassieres. By breaking the manufacture of bras into simple, distinct steps, the company produced millions of bras a year.

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socalTECH

AUGUST 12, 2019

The Vinetta Project (www.vinettaproject.com), a group which is focused on helping to accelerate the growth of female-led startups, announced a few weeks ago that it is working with P&G Ventures, the internal "startup studio" of Procter and Gamble on an effort to help female-led companies in Los Angeles. What is The Vinetta Project?

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TechCrunch LA

JULY 23, 2019

The company is the latest evolution of a credit-based approach to financial services from the LA-based serial entrepreneur, Joe Bayen. The company uses a virtual Mastercard that allows for consumers to pay for online subscriptions only. for a 12-month service offering periodic credit limit increases of up to $300.

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TechCrunch LA

FEBRUARY 19, 2020

Yellow , the accelerator program launched by Snap in 2018, has selected ten companies to join its latest cohort. The list of new companies include: Brightly — an Oakland, Calif.-based based media company angling to be the conscious consumer’s answer to Refinery29. Hardworkers — a Cambridge, Mass.

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TechCrunch LA

MAY 14, 2020

Ettitude , the Los Angeles-based, direct-to-consumer startup making sustainable bedding and sleepwear from bamboo fibers, has raised a sustainably sized round that should keep the company going even in the face of an economic recession. she relocated and took her company with her. ”

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Both Sides of the Table

NOVEMBER 5, 2012

I use George Bush vs. Al Gore as allegory and I’ve been using it with entrepreneurs for years to sink in a simple point about how to communicate with the market. Most Silicon Valley tech entrepreneurs I know are more like Al Gore. I spent a bunch of time last year with Tracy Dinunzio who is building an awesome company Tradsey. (I

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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 good opens the door to a broader customer base.

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InfoChachkie

MARCH 2, 2015

Despite the fact that I teach entrepreneurship at UC Santa Barbara , I do not believe that entrepreneurs are created in classrooms. Instead of trying to teach students to be an entrepreneur, I expose my entrepreneurial students to tools that will help them solve real-world problems. Image: Pixabay. Share and Enjoy.

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