Berkonomics

OCTOBER 8, 2020

It is most often missed assumptions about the market, the competition, the speed of adoption, or other critical metrics you’ve researched, or selected, or even just guessed at to create your plan. But many decisions were made within my company walls, and surely by competitors, based upon those numbers. Sources for your data.

Company 156

Company Companies Metrics Resource 156

Startup Professionals Musings

MAY 5, 2023

Technology is so key to every business these days that experienced business-smart but non-tech entrepreneurs are feeling deeper and deeper in the hole. Only one component of running a business is managing technology, but it is a critical component, so no entrepreneur can afford to ignore it or totally delegate it.

Entrepreneur 104

Entrepreneur Technology High Tech Startup 104

Startup Professionals Musings

JULY 28, 2021

As an angel investor in early-stage startups, I’ve long noticed my peers apparent bias toward the strength and character of the founding entrepreneurs, often overriding a strong solution to a painful problem with a big opportunity. Find and enjoy the company of one or more mentors.

Entrepreneur 165

Entrepreneur Mentor Ideas Invest 165

Startup Professionals Musings

MAY 18, 2022

Here are some key insights that I and others have collected for mature company leaders, as well as serial entrepreneurs. As an angel investor, I expected startups to have a passion for their solution, but also to have done the market research and customer validation to size the real opportunity.

Entrepreneur 144

Entrepreneur Artificial Inteligence Social Media Commerce 144

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. Remember that people join companies, but they leave people.

Entrepreneur 124

Entrepreneur Ideas Satisfaction Customer 124

Startup Professionals Musings

SEPTEMBER 15, 2018

Many entrepreneurs are so enamored with their product vision that they believe their own hype, and are convinced that the market for their solution is so huge that no one will ask them for independent market research data. Peruse company reports from your business domain. Conduct your own customized market research.

Research 87

Research Marketing Statistics Report 87

Xconomy

JANUARY 25, 2019

Three decades later, I’m a successful biomedical researcher and serial entrepreneur with more than 120 patents to my name, and eight successful businesses under my belt.

Entrepreneur 110

Entrepreneur Patents Research Venture Capital 110

Startup Professionals Musings

MAY 6, 2023

Many entrepreneurs are so enamored with their product vision that they believe their own hype and are convinced that the market for their solution is so huge that no one will ask them for independent market research data. Peruse company reports from your business domain. Conduct your own customized market research.

Statistics 120

Statistics Research Report Newsletter 120

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

MARCH 1, 2021

For most entrepreneurs, their current business is not where they intend to stay until they die. The challenge is how to know and exit gracefully when the right time has come, without trauma to either the company or themselves. Accept change as a natural part of your transition, just as you always have for your company.

Company 164

Company Companies Tips .Net 164

Startup Professionals Musings

MAY 31, 2020

Most technical entrepreneurs I know demand the discipline of a product specification or plan, and then assume that their great product will drive a great business. Is it any wonder why so few entrepreneurs ever find the professional investors they seek? Yet I’m still often approached by aspiring entrepreneurs who have neither.

Entrepreneur 124

Entrepreneur Startup Summary Product 124

Startup Professionals Musings

DECEMBER 11, 2019

He is regarded by many as the number-one authority on virtual staffing and personal outsourcing, and is himself a successful entrepreneur based in the Philippines. I was impressed with his summary of the top ten outsourcing mistakes made by entrepreneurs, followed by real guidance on how they can and should be avoided. Be flexible.

Outsource Development 121

Outsource Development Outsource Entrepreneur Summary 121

socalTECH

AUGUST 14, 2015

Santa Monica-based The Honest Company , which provides baby care, personal care, home care, and other healthy lifestyle products, said this morning that it has raised $100M in a Series D funding round. AB) pllus existing investors Fidelity Management & Research Company, Wellington Management Company LLP and Institutional Venture Partners.

Company 100

Company Companies Santa Monica Research 100

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.

Company 229

Company Companies Startup Customer 229

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. My contrarian nature sparked, I began researching MBA led startups. . “As much as possible, avoid hiring MBA’s.

Entrepreneur 113

Entrepreneur Allegis Startup Competition 113

InfoChachkie

AUGUST 26, 2013

When the venture was unable to initially meet its grandiose expectations, the market crucified the company. In concept, working in a secretive fashion facilitatesquietly locking-in key industry stakeholders and resources, allowing the company to emerge from stealth mode with a significant first-move advantage. Prove The Hypothesis.

Marketing 247

Marketing Entrepreneur Journal Media 247

StartUp Beat

NOVEMBER 9, 2017

Grigori Mikayelyan was a failed and an aspiring entrepreneur; furnished with a new idea – and determined to make a success of it – he became a Lyft driver to conduct customer research with his passengers. I spoke to him over the phone about his unique approach to developing a company. Restaurants pay $0.50

Research 40

Research Customer Custom Entrepreneur 40

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

Startup Professionals Musings

MAY 2, 2022

Most of the entrepreneurs and business owners I work with recognize that they must occupy and practice a primary leadership position , but many will admit that they are not thriving in this role. Also be aware that customers today are looking for a total memorable experience in dealing with your company, rather than just product support.

Entrepreneur 90

Entrepreneur Satisfaction Coach Mentor 90

Startup Professionals Musings

MAY 29, 2021

These resources are definitely not limited to students, since every university seeks out and needs the real world exposure and experience of entrepreneurs who already are active in the real world marketplace. Product research and prototype development. Business plan assistance. Early-stage funding. Legal guidance.

Incubator 172

Incubator Mentor Class Resource 172

Startup Professionals Musings

SEPTEMBER 14, 2019

In my years of mentoring entrepreneurs, a problem I have seen too often is low self-esteem, and over-compensating through arrogance and ego. These entrepreneurs find it hard to respect customers or team members, and their ventures usually fail. Fortunately, both can be fixed.

Entrepreneur 98

Entrepreneur Startup Satisfaction Competition 98

Tech Zulu Event

JULY 14, 2014

Drawing from the UK Seed Enterprise Investment Scheme (SEIS) experience, US Senator Chris Coons will talk about the version of the Research & Development tax credit bill he sponsored on August 8 in New York City. All engaged parties indulge in progressive research and development, which is the pillar of economic prosperity.

Research 88

Research Invest Develop Development 88

Startup Professionals Musings

AUGUST 22, 2014

Many entrepreneurs are so enamored with their product vision that they believe their own hype, and are convinced that the market for their solution is so huge that no one will ask them for independent market-research data. Peruse company reports from your business domain. Conduct your own customized market research.

Marketing 97

Marketing Entrepreneur Statistics Research 97

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

AUGUST 14, 2020

Many entrepreneurs are so enamored with their product vision that they believe their own hype, and are convinced that the market for their solution is so huge that no one will ask them for independent market research data. Peruse company reports from your business domain. Conduct your own customized market research.

Marketing 157

Marketing Statistics Research Report 157

Both Sides of the Table

SEPTEMBER 12, 2010

“Hi [entrepreneur], I hope all is well. I’m an investor at [Big Name, Large Fund VC] and recently came across [Your Company]. It's big, well known & we've invested in all of these really cool companies]. I know the firm well and I know the entrepreneur & his business well. What fits your schedule?

Venture Capital 294

Venture Capital Entrepreneur Email Equity 294

Startup Professionals Musings

APRIL 3, 2023

Every entrepreneur believes in their heart that their startup is more innovative and creative than their competitors. A classic study based on intensive research, “ The Myths of Creativity ,” by David Burkas tries to demystify the processes and forces that drive innovation. Expert myth. Brainstorming myth. Cohesive myth.

Ideas 127

Ideas Startup Research Incubator 127

Berkonomics

OCTOBER 28, 2021

The biggest mistake many corporate marketers, entrepreneurs and even investors make in the initial stages of planning – overstating the size of the (SOM) serviceable obtainable market. Companies grow proportional to the size of their (SOM) market, and success cannot turn a limited market opportunity into a grand enterprise.

.Net 156

.Net Statistics Marketing Research 156

Both Sides of the Table

FEBRUARY 7, 2010

I originally conceived it as the Top 11 things that I believe “all entrepreneurs need to succeed.&# If it stuck to this theme then I would stand by my top 11. It isn’t a “must&# for me but it’s certainly a huge positive when entrepreneurs have it. Are you launching a mobile application?

Entrepreneur 267

Entrepreneur Startup SaaS San Diego 267

Berkonomics

APRIL 1, 2021

We might not have researched the market diligently or used a focus group or other market research. Green Dot Corporation was formed by an entrepreneur in the year 2001 to create a product to permit those without credit cards to purchase items on the Internet. We are not always smart about the market or the product.

Resource 156

Resource Research Class News 156

Startup Professionals Musings

JANUARY 28, 2023

Why do a few entrepreneurs, like Steve Jobs and Elon Musk, seem to come up with all the real innovations, while the majority of business leaders seem stuck in the rut of linear thinking? He connects breakthrough thinking to four initiatives, which I believe every entrepreneur should practice: Questioning deeply-held beliefs and assumptions.

Startup 128

Startup Entrepreneur Tool Ideas 128

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! The youngest was 15.

Entrepreneur 272

Entrepreneur Startup Conference Santa Barbara 272

Startup Professionals Musings

FEBRUARY 25, 2015

Why do a few entrepreneurs, like Steve Jobs and Elon Musk, seem to come up with all the real innovations, while the majority of business leaders seem stuck in the rut of linear thinking? He connects breakthrough thinking to four initiatives, which I believe every entrepreneur should practice: Questioning deeply-held beliefs and assumptions.

Entrepreneur 102

Entrepreneur Startup Tool Ideas 102

Startup Professionals Musings

MARCH 13, 2015

According to most definitions, an entrepreneur is one who envisions a new and different business, meaning one that is not a copy of an existing business model. Many entrepreneurs have a passion and an idea, or even invent a new product, but are never able to execute to the point of creating a startup. Startup and development stage.

Entrepreneur 109

Entrepreneur Ideas Satisfaction Summary 109

Startup Professionals Musings

JULY 14, 2014

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Leave the world of new computer chips and new drugs to the big companies, and people with deep pockets. Join a startup incubator.

Entrepreneur 113

Entrepreneur Funding Startup Technical Review 113

Startup Professionals Musings

JANUARY 21, 2013

Many believe that entrepreneurs are born, not made. While I agree that successful company builders usually have a natural inclination to be entrepreneurs, a good education helps polish that apple. We can all point to examples of successful entrepreneurs who dropped out of college, but still went on to make a big impact.

Entrepreneur 105

Entrepreneur Startup Course Education 105

Xconomy

SEPTEMBER 23, 2019

Ivan Liachko turned postdoctoral research at the University of Washington into a company whose genomics tools are now found in laboratories researching human, animal, and plant health. But as a CEO of a growing company, Liachko now sees missed opportunities for UW and the Puget Sound region.

Incubator 111

Incubator Research Tool Startup 111