Berkonomics

MARCH 5, 2020

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Email readers, continue here…] A great idea often fails from the inexperience or inability of management to bring the idea to market.

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Tech.Co

DECEMBER 29, 2023

Sign up to Tech.co's weekly newsletter today Please fill in your name Please fill in your email Subscribe By signing up to receive our newsletter, you agree to our Privacy Policy. However, its unique-for-the-industry monthly subscription model has helped it maintain healthy profits from its loyal customer base in 2023.

Startup 213

Startup Generative AI Newsletter Tool 213

Berkonomics

NOVEMBER 9, 2017

Email readers, continue here…]. You’ll have less competition. Competition is good, but – if there are hundreds of businesses out there that already have gotten to and penetrated this niche – you’re going to find it hard to get through the marketing noise. Keep your customer in mind. – Dave.

Marketing 266

Marketing Resource Advertising Social Media 266

Both Sides of the Table

APRIL 19, 2011

He is very hands-on and helpful – especially for any company looking into customer acquisition. Big thank you to Darius Vasefi , of EyeOnJewels for the write up. o Put a timeframe/money – competition in the picture. Passion: Have to be able to motivate people, customers, team, yourself. we both love Jason).

Acquisition 304

Acquisition Startup Customer Custom 304

Startup Professionals Musings

OCTOBER 15, 2022

Some entrepreneurs love to talk and produce videos, but hate to write anything down. Others send investors email and business plans in all uppercase or no punctuation. Message delivery must be customized for each investor. Effective communication requires real listening, as well as talking.

Entrepreneur 111

Entrepreneur Social Media Patents Mentor 111

Berkonomics

MARCH 14, 2019

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Email readers, continue here…] Are you ahead or behind the market with your product or service? And fifth: Competitive risk. .

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Both Sides of the Table

MAY 27, 2013

Partly out of the fact that in 1 week I depart for England to speak at LeWeb, attend our DataSift board meeting and generally make myself available to the DataSift team to meet their customers, partners and employees. Email updates frequently. Key point – if your emails are as long as my blog posts you’re forked.

Tips 365

Tips Email Venture Capital Blogging 365

Startup Professionals Musings

AUGUST 30, 2019

What every entrepreneur needs more than anything else, after they have built an innovative new product or service, is visibility, credibility, and trust by customers, potential employees, and future business partners. It makes customers feel special, and gives you the opportunity to highlight your broad experience and credentials.

Writing 19

Writing Technical Review Entrepreneur Advertising 19

Startup Professionals Musings

JUNE 4, 2021

Probably every one of you who has a business and a website have been approached through email or personal contact, and asked to spend money on paid search results (appear on the first page of search results, despite low SEO rank). Campaign setup and ad copy writing. For sites displaying the ads, this is called pay per click (PPC).

PPC 154

PPC SEO Paid Search Search Engine Optimization 154

Startup Professionals Musings

FEBRUARY 5, 2020

Funding is depleted before customer sales ramp up. One of the pitfalls of optimism is the expectation for early customer growth, and understating the real costs of design, development, and inventory. Don’t underestimate your own value as customers arrive, establishing a line of credit, and borrowing against inventory.

Startup 131

Startup Entrepreneur Customer Custom 131

Berkonomics

NOVEMBER 26, 2011

Each new customer, each mention in the press or online adds to the feeling of early accomplishment. Email readers, continue here.] This moment is not to be spoiled by such mundane warnings from advisors or consultants to plan carefully, research the market and competition, and execute the plan with tenacity and enthusiasm.

Press 149

Press Hollywood Writing Startup 149

Startup Professionals Musings

JANUARY 13, 2020

Some entrepreneurs love to talk and produce videos, but hate to write anything down. Others send investors email and business plans in all uppercase or no punctuation. Message delivery must be customized for each investor. Effective communication requires real listening, as well as talking.

Entrepreneur 126

Entrepreneur Social Media Patents Mentor 126

Berkonomics

FEBRUARY 25, 2016

Email readers, continue here…] Using your attorney or accountant to find who is close to the decision maker sometimes works. Are you working with or selling to a particularly important competitor to your target customer? Let me reinforce this: never reveal competitive information to gain access or advantage.

Ideas 120

Ideas Sales Competition Venture Capital 120

Berkonomics

MARCH 15, 2012

One way to mitigate this is by using early money to create a prototype, to perform market research, to complete the first generation of the product, or to deliver the service to a satisfied customer. Email readers, continue here.] Third: Management risk. And fifth: Competitive risk. Second: Market risk.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Both Sides of the Table

MARCH 31, 2012

I got an email recently from my friend & fellow VC, Jeff Bussgang from Flybridge Capital Partners in Boston. The idea that the course asks students to write public blog posts is a testament to its more modern teaching style. My list of excuses includes: product, pricing, competition and lack of sales support.

Startup 319

Startup Sales Course Competition 319

Both Sides of the Table

AUGUST 2, 2009

Twitter is the new CRM (customer relationship management) channel. Twitter, by contrast, started as an open platform where people let anybody see what they were writing. People write their thoughts knowing that anybody else can see them. I’m now moving from the 101 basics into the business applications.

Social Network 235

Social Network Writing Tool Startup 235

Startup Professionals Musings

APRIL 9, 2012

You may have already found several articles, web pages, or books about writing the perfect executive summary. They all offer a list of requirements that might take 50 pages to address, but of course they ask you to write concisely. Your competitive advantage. Don’t kill your credibility by saying you have no competition.

Summary 97

Summary Writing Competition Sample 97

Both Sides of the Table

APRIL 25, 2013

Competitive sportswoman. Kara on one side of the table showing me market sizes, competitive dynamics, product roadmaps, pricing plans for physical products with COGS and gross margins. Soleil returns emails at 1.30am. She helps write press releases. Remember, it’s about Lines, Not Dots. Stanford MBA.

Startup 398

Startup Design Downey Activity 398

Both Sides of the Table

JANUARY 12, 2010

Like you, I struggle to return everybody’s emails because I get too many. So I often try to stay off of email during the day. They taught us to write down questions when they came up and batch them together in point sheets. I’ve been stuck in email hell for quite some time.

Product 280

Product Startup Email Technical Review 280

InfoChachkie

SEPTEMBER 4, 2012

What does your pain reliever look like, how is it implemented by the customer and what future products do you expect to roll out? Competition. Who do I write the check to and where do I send it? Distribution and Sales. How do you profitably get the pain reliever to the consumers experiencing the pain? Patents and Trademarks.

Venture Capital 211

Venture Capital Summary Technical Review Template 211

Startup Professionals Musings

JULY 8, 2013

Today’s platform is built of people, including yourself, followers, and contacts, who can amplify your message through social media and spread it to your target customers. Build a media kit, publicize endorsements from friends and beta customers, get dialogs going on Twitter, and optimize your website landing pages.

Platform 105

Platform Entrepreneur Startup Social Media 105

Startup Professionals Musings

AUGUST 19, 2013

This is sad, since “how to write a business plan” is a frequent topic found in every business journal, and a common title in the business section of every book store. Forcing yourself to write down a plan is actually the only way to make sure you actually understand it yourself. What is the definition of a good business plan?

Sample 92

Sample Writing Summary Startup 92

Startup Professionals Musings

FEBRUARY 3, 2011

You may have already found several articles, web pages, or books about writing the perfect executive summary. They all offer a list of requirements that might take 50 pages to address, but of course they ask you to write concisely. Your competitive advantage. Don’t kill your credibility by saying you have no competition.

Summary 90

Summary Writing Competition Sample 90

Startup Professionals Musings

JULY 21, 2012

This is sad, since “how to write a business plan” is a frequent topic found in every business journal, and a common title in the business section of every book store. Forcing yourself to write down a plan is actually the only way to make sure you actually understand it yourself. What is the definition of a good business plan?

Sample 96

Sample Writing Summary Startup 96

Startup Professionals Musings

MAY 31, 2012

Today’s platform is built of people, including yourself, contacts, connections, and followers, who can amplify your message through social media and spread it to your target customers. Build a media kit, publicize endorsements from friends and beta customers, get dialogs going on Twitter, and optimize your website landing pages.

Startup 104

Startup Social Media Platform Blogging 104

socalTECH

JUNE 30, 2009

I am someone who likes to interact with my Representatives and Senators, by way of writing letters, emailing, and what not. When I was listening, I made a point to try to do that, but when I did, I found I had to go to twenty sites to find the information I needed--whether that was to write a letter, send an email, or whatever.

Startup 100

Startup Writing Southern California Email 100

Startup Professionals Musings

DECEMBER 6, 2014

Some entrepreneurs love to talk and produce videos, but hate to write anything down. Others send investors email and business plans in all uppercase or no punctuation. Message delivery must be customized for each investor. Effective communication requires real listening, as well as talking.

Entrepreneur 107

Entrepreneur Angel Social Media Patents 107

Both Sides of the Table

MAY 13, 2018

The surest sign a fund-raising process has stalled is when you aren’t getting follow-up meetings or hearing from the VC or hearing from friends that they got a phone call or email asking about you. As a VC I of course want you to come see only me because that means I have no competition and have time to properly get to know you.

Venture Capital 332

Venture Capital Funding Startup Sales 332

InfoChachkie

JUNE 4, 2012

Fallacy: Startup ventures tend to evolve, especially after you begin speaking with pesky customers and demanding partners. Thus, you have negotiating leverage as long as a legitimate, competitive threat exists. Your commitments to investors must be significant enough to compel them to write you a check. Fallacy: Yes.

Entrepreneur 272

Entrepreneur Outsource Ideas Technical Review 272

Startup Professionals Musings

DECEMBER 8, 2010

This is sad, since “how to write a business plan” is a frequent topic found in every business journal, and a common title in the business section of every book store. Forcing yourself to write down a plan is actually the only way to make sure you actually understand it yourself. What is the definition of a good business plan?

Startup 91

Startup Funding Sample Writing 91

Both Sides of the Table

JANUARY 21, 2010

When to get a lawyer - If you plan to be a venture or angel backed technology company (what I mostly write about) the best time to start meeting and getting to know lawyers is long before you ever start your company. I write about some of the lessons in my post on Startup Mistakes. But make it competitive.

Startup 318

Startup IP Southern California Entrepreneur 318

Startup Professionals Musings

FEBRUARY 11, 2010

You may have already found several articles, web pages, or books about writing the perfect executive summary. They all offer a list of requirements that might take 50 pages to address, but of course they ask you to write concisely. Your competitive advantage. Don’t kill your credibility by saying you have no competition.

Summary 55

Summary Writing Competition Metrics 55

InfoChachkie

NOVEMBER 23, 2015

<Note: I edited a few comments from Jeff's email, none of which related to our meeting in 2008.> Rather, we value entrepreneurs' time and thus our diligence generally includes introducing them to potential customers and partners. The difference is that VoiceXML does not leverage customers' knowledge of web development.

Venture Capital 100

Venture Capital Technical Review Software Review Southern California 100

InfoChachkie

DECEMBER 10, 2012

The team subsequently earned a coveted position in Launchpad LA's current accelerator class after winning the Crowdstart LA competition. The company posted a Show HN entry entitled, " We built a better solution for customer analysis and support.". The posting resulted in 40points and about 30comments. Share and Enjoy.

News 198

News Sites Startup RSS 198

Both Sides of the Table

JANUARY 1, 2016

A great leader knows customers and has direct relationships with them. She can anticipate reactions to price increases or product changes by customers and she can sustain competitive challenges because she knows the customer will stick by her. They respond to email. The reality of most startups is about survival.

Startup 150

Startup Coach Course Invest 150

Startup Professionals Musings

MAY 2, 2016

I’m not suggesting that formal legal documents are always required, but agreements without some paper or email trail are easily forgotten or misconstrued. Clarify up front the potential for a conflict of interest or violation of a non-compete clause, and confirm the answer in writing. Delay incorporating until required by investors.

Startup 62

Startup Patents Entrepreneur Writing 62

Both Sides of the Table

MARCH 25, 2016

The questions that a VC mulls before writing a check are precisely the questions you should be asking yourself. After a year in the market, MakeSpace was growing rapidly and our biggest issue was CAC (customer acquisition costs) relative to payback period (when we get our marketing investment back) and relative to LTV (lifetime value).

Startup 150

Startup Marketing Study SEO 150