Inclusive Startup Pitch Competition

SoCal Tech Calendar

Thursday, June 25, 2020 -- Inclusive Startup Pitch Competition by Startup Coil. Entrepreneurs and Seed Stage Startups pitch live to a panel of investor judges. Entrepreneurs can have outsize impact on how societies and economies develop and evolve. We all get the future we build together. Startup Coil is committed to supporting equity and inclusivity in search of a future that's brighter for all us.

National Business Plan Competition Deadline/Pismo Ventures

SoCal Tech Calendar

Sunday, September 6, 2020 -- National Business Plan Competition Deadline/Pismo Ventures. Pismo Ventures presents the National Venture Plan Competition (NVPC). The NVPC is a business plan competition offering startups and entrepreneurs, across the United State, a unique opportunity to present their plans to experienced investors, screen in front of multiple investor groups nationwide, win cash and in-kind prizes, and participate in an array of invaluable webinars.

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8 Ways To Stay Competitive In Today’s Technical World

Startup Professionals Musings

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. That means every entrepreneur needs to learn how to attract, hire, and manage technical people for their team. business success competitive smart technology

How To Highlight A Sustainable Competitive Advantage

Startup Professionals Musings

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. I look for entrepreneurs that can sell themselves and their offering to discerning customers.

Make Yourself A Key Sustainable Competitive Advantage

Startup Professionals Musings

The most successful entrepreneurs and business owners I know are humble, and they don’t have an inflated sense of self. The only “sustainable competitive advantage” in business is self-awareness. entrepreneur scott belsky sustainable competitive advantage

Seed Stage Startup Pitch Competition

SoCal Tech Calendar

Tuesday, February 19, 2019 -- Seed Stage Startup Pitch Competition. startups and entrepreneurs pitch on stage for product, business model, and investing feedback, and one winner will take home a valuable prize package. Startup Coil. See [link] (more

7 Positive Ways To Highlight Your Competitive Clout

Startup Professionals Musings

Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements to their own team, to investors, and even to customers. As an investor, I always listen carefully to what an entrepreneur says, and does not say, about competition. Here are seven key ways to do this: Frame the competition as manageable. The alternative of being an entrepreneur full of negativity is no fun for either side.

6 Keys To Convince Investors Of Your Competitive Edge

Startup Professionals Musings

Most entrepreneurs are quick to assert to potential investors that their product or solution will kill the competition, but unfortunately your opinion alone is not enough to convince most experienced investors. A competitive advantage to a non-problem or tiny niche is not interesting to investors. Secondly, they want to see your competitive analysis of how you stack up to the top players in the space, by name, with quantitative comparisons and customer value.

Here’s how NOT to define your competition

Berkonomics

An entrepreneur pitches using a deck with no slide for competition. We have no competition.”. Professional investors laugh when they hear an entrepreneur come out with that one. It is a failed litmus test for the entrepreneur, even if the plan is for a totally new device or service that could take the world by storm. We investors see this all the time. When asked (as we always do,) the response is “This is new. Niet! Unh unh.

CapLinked Launches Pitch Competition

socalTECH

Los Angeles-based CapLinked , the developer of an online platform for managing fundraising and investors, said this morning that it has launched a new pitch competition. According to the firm, the new competitoin is a way to help entrepreneurs get noticed and gain exposure for their companies, with the finalists invited to make a live, online "pitch-off" to a panel of judges. caplinked pitch business entrepreneur startup competition fundraising

Why I Look for Obsessive and Competitive Founders

Both Sides of the Table

He wants to compete to be the lead drummer in the competitive ensemble and study under Terence, an obsessive instructor who is hell bent on winning competitions for the school. But the film has my brain buzzing all week about obsessive and competitive people. Kobe is kobe because he practices more than even the most elite professionals in a hyper competitive industry and because he is simply more dedicated to his success than many other people are. Obsession.

8 Work Trends Driven By New Ventures And Competition

Startup Professionals Musings

Both are required to stay competitive. I have added my own insights, based on my experience advising and working with entrepreneurs and startups: Pay for results, rather than pay for work. Overall, as an entrepreneur, you just need to be aware that the notions of work are changing just as fast as the technology for products. Alison Maitland entrepreneurs trends work

Pitch Competition Like No Other: A Dating Site For Puppets?

socalTECH

A new technology "pitch competition", Techgladiatr , said it is giving away "beer, BBQ, and cupcakes" as part of a pitch event tonight which will give startups 30 minutes to pitch "a business inspired by a random idea". pitch dating competition startup improbable comedian joke april1st april A dating site for puppets? An app to help exorcise possessed kids?

Be careful how you define your competition.

Berkonomics

Professional investors laugh when they hear an entrepreneur state, “We have no competition.” It is a failed litmus test for the entrepreneur, even if the plan is for a totally new device or service that could take the world by storm. Whether the entrepreneur has not been able to find companies doing “something like” the plan, or s/he has not considered the most obvious killer of new ideas – doing nothing, it is a faux pas that should never be allowed to happen.

Entrepreneurs Need to Master Competitive Selling

Startup Professionals Musings

A good entrepreneur is not necessarily a good salesman. In my own effort to keep up with the times, I just finished a new book by Landy Chase, titled “ Competitive Selling: Out-Plan, Out-Think, Out-Sell to Win Every Time.” Establish the competitive playing field early.

Investor Secrets For Smart Competitive Positioning

Startup Professionals Musings

In their passion and excitement about a new product or service, entrepreneurs tend to continually narrow the scope of potential competitors, and often claim to have no direct competitors. Competition for your new hydrogen fuel auto engine is not limited to other hydrogen auto engine offerings, or even other autos. Entrepreneurs often proclaim that they will work harder and more efficiently than competitors, thus reducing costs and improving productivity.

ACG101's 3rd Annual Emerging Growth Pitch Competition and Showcase

SoCal Tech Calendar

Wednesday, June 5, 2019 -- ACG101's 3rd Annual Emerging Growth Pitch Competition and Showcase. 10 selected startups will pitch to attendees, guest judges (investors and seasoned entrepreneurs) in a showcase/demo table style presentation. On June 5th, we're showcasing a select group of Greater-Los Angeles's finest startups in an event you won't want to miss.

7 Reasons To Think Positively About Competition

Startup Professionals Musings

Most entrepreneurs spend far too much time thinking negatively about competitors, and can’t resist making derogatory statements about them to their own team, investors and even to customers. As an investor, I always listen carefully to what an entrepreneur says, and does not say, about competition. Here are seven key ways to do this: Frame the competition as manageable. Investors want to see evidence of your sustainable competitive advantage.

8 Principles For Building A Competitive Core Business

Startup Professionals Musings

Based on my experience advising new businesses, all of the principles that he outlines, including the following subset which I generalize here, should be taken to heart by every entrepreneur: Give customers fewer things that matter more. Revenue and competitive position followed. competitive core business Facebook Mike HoefflingerMany new business owners I know have learned the hard way that you can never be everything for everyone.

VIMBY Powers Walmart's Entrepreneurship Competition

socalTECH

VIMBY , the Los Angeles-based, online production studio created by Mark Burnett, is powering a new entrepreneurship competition from Walmart, the Get On The Shelf crowdsourcing competition. According to Walmart, via its Silicon Valley-based @WalmartLabs unit, it is running the contest to let entrepreneurs get their products noticed and sold on its website and potentially, the Walmart store chain.

Investors Look for These Six Competitive Elements

Startup Professionals Musings

One of the toughest and yet most important questions you will be asked by savvy potential startup investors is “What is your sustainable competitive advantage?” Yet many entrepreneurs, maybe in their passion for their new product, gloss over this one, or even announce that they have no competition. Competitive” should be taken broadly to include alternative ways that people might solve the problem you are addressing.

Elevator Pitch Competition

SoCal Tech Calendar

Wednesday, November 14, 2012 -- Elevator Pitch Competition. This maxim has special meaning for entrepreneurs seeking funding. If and when an entrepreneur gets an audience with an investor, his or her case for why this venture is better than any other must be clear, concise and compelling. MIT Enterprise Forum of the Central Coast. You only get one chance to make a good first impression. Venture capitalists and angel investors are busy people with hectic schedules.

5 Rewards Of Independence That Excite Entrepreneurs

Startup Professionals Musings

For all entrepreneurs, starting a business is the route to “life, liberty, and the pursuit of happiness,” no matter how risky. According to a classic article and poll by Startups.co.uk , having the independence to make your own decisions is considered the key benefit of being an entrepreneur.

Competition Is A Lie – Tracy DiNunzio Explains Why

InfoChachkie

Tracy DiNunzio, Founder and CEO of Tradesy , recently shared her insights regarding the best approach for entrepreneurs to address competition. Tracy addressed the issue of competition head on, telling the largely student audience, "As I started to think about launching Tradesy, I looked around and there was a lot of competition but. competition''s a really interesting thing. Competition Is A Lie. The only thing you have as an entrepreneur.

8 People And Process Talents Every Entrepreneur Needs

Startup Professionals Musings

His focus is on sales, but I see the same skills needed for entrepreneurs. This means all business people, especially entrepreneurs, need to get beyond the presentations and the experts, to actively listen to real customers. Anthony Iannarino entrepreneur skill set talent

7 Winning Business Writing Pointers For Entrepreneurs

Startup Professionals Musings

In the competitive realm of business, you only get one chance to make a great first impression. Since we all lose when an entrepreneur with a great idea is held back by a failure to communicate, I would like to offer a quick summary of business writing basic strategies.

6 Key Drivers To a Long-Term Competitive Advantage

Startup Professionals Musings

One of the toughest and yet most important questions you will be asked by savvy potential startup investors is “What is your sustainable competitive advantage?” Yet many entrepreneurs, maybe in their passion for their new product, gloss over this one, or even announce that they have no competition. Competitive” should be taken broadly to include alternative ways that people might solve the problem you are addressing.

Qualcomm Launches Second Annual Venture Competition

socalTECH

San Diego-based Qualcomm said Tuesday that it is launching its second annual venture investment competition, the Qualcomm Ventures QPrize competition. According to the firm, this year's competition will provide up to $750,000 in seed funding to entrepreneurs working on mobile ventures. South Korea and Israel are new markets for Qualcomm's competition. Tags: qualcomm ventures venture capital competition

5 Startup Challenges That Derail Many Entrepreneurs

Startup Professionals Musings

As a mentor to entrepreneurs, I tend to see many of the same obstacles appearing in every new startup, and since I don’t want to appear to be a downer , I’m not sure how to properly warn people ahead of time to be on the alert for these challenges. business challenges entrepreneur startup

Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

He was a life-long entrepreneur and the first business he created out of college (actually, he founded it while he was at Caltech) was a company that manufactured high quality audio speakers. Too many entrepreneurs focus on dilution. Entrepreneur Advice This Week in Venture Capital

Real Sustainable Competitive Advantages are Rare

Startup Professionals Musings

One of the most important questions you will be asked by potential investors is how your solutions beats the competition, not just today, but over the three to five year life of their investment. The concept is called “sustainable competitive advantage.”

ACG101's First Annual Emerging Growth Pitch Competition and Showcase

SoCal Tech Calendar

Wednesday, June 7, 2017 -- ACG101's First Annual Emerging Growth Pitch Competition and Showcase. These selected startups will pitch to attendees, guest judges (investors and seasoned entrepreneurs) in a showcase/demo table style presentation. On June 7th, we're showcasing 10 of Los Angeles's finest startups in an event you won't want to miss.

8 Indications Of A Real Entrepreneur Versus A Hacker

Startup Professionals Musings

I recognize that entrepreneurs tend to substitute vision and passion for formal processes, but using no discipline or process in building something new is a sure way to spend money, rather than see any return and build a self-sustaining business. I still see entrepreneurs who spend money and time for months on a new business idea without any separation of personal and business funds, and any formal accounting system for their new business.

Why Smart Entrepreneurs Build Plans For Their Startup

Startup Professionals Musings

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?

Caltech Entrepreneurs Forum - Transportation

SoCal Tech Calendar

Saturday, November 16, 2019 -- Caltech Entrepreneurs Forum - Transportation. The secondary effects are changing the nature of businesses: traditional retail and restaurant experiences are being replaced by on-demand delivery; Transportation-as-a-Service is now viable and cities are partnering with startups to deliver competitive options for mass transit. Emerging Opportunities in Urban Mobility and the Business Models It Will Enable.

5 Ways To Sample The Joy Of An Entrepreneur Lifestyle

Startup Professionals Musings

Even though I’m a big proponent of becoming an entrepreneur, it is definitely not for everyone. In my view, entrepreneur roles need to be planned carefully rather than made on the spur of the moment. Adopt the Silicon Valley entrepreneur family model.

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10 Commonly Held Myths That Limit Competitive Efforts

Startup Professionals Musings

Every entrepreneur believes in their heart that their startup is more innovative and creative than their competitors. Yet none knows exactly where creativity comes from within, or how to pick and motivate the most creative people for the team.

Organic Growth Startups Won’t Scale Competitively

Startup Professionals Musings

Some people feel that organic growth is “better” because it requires real innovation and sustained effort to create long-term competitive advantage through differentiation and efficiency. This can be a significant competitive advantage over major competitors, and overall reduces competition in the market place. Entrepreneurs, while partnering with or acquiring a new business, must check for compatibility and strategic fit.

10 Manageable Risks That An Entrepreneur Should Take

Startup Professionals Musings

Entrepreneurs see “no risk” as meaning “no reward.” Many risks can be managed or calculated to improve growth or provide a competitive edge, while others, like skipping quality checks to save money, are recipes for failure. business entrepreneur smart risks

LA's ECMC Foundation Backs Female Entrepreneurs

socalTECH

Los Angeles-based ECMC Foundation , a foundation that provides funding to both nonprofit and for-profit ventures focused on college success and career readiness, has helped backed two female entrepreneurs, along with investment firm Chloe Capital. Size of the investment was not announced, however, Chloe Capital and ECMC Foundation said the investment was made in Los Angeles at an investment pitch competition at L.A.

Six Tips to a Sustainable Competitive Advantage

Startup Professionals Musings

One of the toughest and yet most important questions you will be asked by savvy potential investors is “What is your sustainable competitive advantage?” Yet many entrepreneurs, maybe in their passion for their new product, gloss over this one, or even announce that they have no competition.

Meet Our Startup of the Year Competition Semifinalists: Mobile Therapy

Tech.Co

From apps to hardware, to KickStarter successes and international startups, we’re inching closer to finding out who will take home the title of Startup of the Year competition at our annual Celebrate Conference in October. Among the dozens of participants that applied for the online competitions, only a few progressed into the semifinals. Co: What was the road like leading up to your initial pitch for the competition?

What Entrepreneurs Should Never Say To Investors

Startup Professionals Musings

Don’t bash the competition. Every investor knows how vulnerable a new startup is to competitors, so investors always ask about your sustainable competitive advantage in the marketplace. How an entrepreneur answers this question speaks volumes about their knowledge of business realities, customers, confidence, and their ability to handle investor funding. Investors know that winning in today’s highly competitive environment is more a mindset than a product feature.