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. That statement has killed more investment deals than almost any other.

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

The Best Entrepreneurs Are Hyper Competitive & Hate Losing

Both Sides of the Table

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.

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. Obsession.

OK, So Maybe Not ALL MBA Entrepreneurs Are Oxymorons

InfoChachkie

MBA’s are an easy target for entrepreneurs’ scorn. I too have taken shots at MBA’s, describing why they are not typically well suited for startup life in Why Entrepreneurs Hate (Most) MBAs. Situationally, MBA’s Can Be Effective Entrepreneurs. Entrepreneur

Be careful how you define your competition.

Berkonomics

Professional investors laugh when they hear an entrepreneur state, “We have no competition.” That statement has killed more investment deals than almost any other. 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. Well, come to think of it, this is especially true in such an instance. The statement shows a lack of research or previous thinking that is a red flag for investors.

Parenting An Entrepreneur – This Folktale Will Teach Your Children To Create Something From Nothing

InfoChachkie

They soon learn that they are entrepreneurs who will launch a magical venture that involves a restorative meal, a communal celebration and reassurance that better days are ahead. Every entrepreneur is faced with making something out of nothing. Entrepreneur

Kevin O'Connor, ScOp Venture Capital, On Startup Success and Investments

socalTECH

This morning's interview is with Kevin O'Connor , a longtime investor and serial entrepreneur, who is now running venture capital investment firm ScOp Venture Capital. Kevin O'Connor: I've been doing venture since my first deal in 1995, and have been investing on and off since I moved to Santa Barbara in 2001, under the name O'Connor Ventures, and did that full time until 2009, when I started Graphiq, and switched back into doing another company.

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How I Invest

Both Sides of the Table

During the Q&A I was asked about how I make investment decisions in early-stage businesses. I know that sounds trite but it’s the best way I can describe my early-stage investments. If I don’t do both then it’s highly unlikely I will invest. I know now that investments will consume many hours including late nights / early mornings and weekends. Often as I describe to people privately why I invested the first reaction is not to immediately get it.

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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

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?

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

The Entrepreneur Association Can’t Be Stopped | Holding 90 sec Fast Pitch Competition

Tech Zulu Event

The EA Conference annual fast pitch competition offers aspiring entrepreneurs the opportunity to pitch their business idea in 90 seconds or less to a panel of judges, providing high exposure to the investment and Venture Capitalist community. You read that right.

What Makes an Entrepreneur (7/11) – Detail Orientation

Both Sides of the Table

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.

What Makes an Entrepreneur (4/11) – Resiliency

Both Sides of the Table

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. That next round of investment is proving difficult. You’ve got to put the competition into perspective.

7 Business Mistakes Serial Entrepreneurs Never Make (Twice)

InfoChachkie

As an entrepreneur, I helped create companies which achieved two IPOs and two trade sales totaling $385 million. Fallacy: An entrepreneur’s two most precious assets are time and money. In addition to paying the consultant, you must invest time to educate them.

Is Your Startup Ready for Investment Capital?

Tech Zulu Event

You can also do some competitive analysis at this point, researching similar companies to find out their gross margins, profit, and overhead, and use these findings as a guidepost. Every successful—and unsuccessful—entrepreneur knows that a good idea isn’t enough.

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What Makes an Entrepreneur (3/11) – Ability to Pivot

Both Sides of the Table

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. VCs often tell entrepreneurs that they want to see “traction&# before they’re ready to invest.

Entrepreneurs: The Funding Landscape Has Changed.

Berkonomics

There is still abundant money available for early stage investment, but many of the rules have changed, as well as the processes for accessing these resources. Here’s the new truth: It is rare to get anyone to invest in an idea these days. The great majority of investors who did invest in “idea stage” businesses, lost fortunes when the Internet “bubble” burst at the beginning of the last decade. Guest post by Sara Mackey.

Startup Children – How To Parent An Entrepreneur (Part IV) - Nothing Ventured, Nothing Gained

InfoChachkie

Amarillo’s advice is consistent with my comments in the Startup Competition ; get to know your competitors on a personal basis, while appearing as innocuous as possible. Be vigilant and keep your eyes on your competition, especially when they are dealt their hands.

Five Trick Questions Every Entrepreneur Should Answer Before Asking For Money

InfoChachkie

However, certain questions can be tricky for an entrepreneur to answer. Below are five common questions an entrepreneur will encounter when seeking venture funding. Intent : Investor / entrepreneur conflicts often arise when a company contemplates an exit opportunity.

The Very First Startup Founder You Need to Invest in is You

Both Sides of the Table

This week I wrote about obsessive and competitive founders and how this forms the basis of what I look for when I invest. I had been thinking a lot about this recently because I’m often asked the question of “what I look for in an entrepreneur when I want to invest?”

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Non-millennial Bootstrapping – These 50-Something Entrepreneurs Rejected VC $ And Nailed It

InfoChachkie

Without taking a dime of outside capital, the company has achieved impressive success in a competitive, SaaS market segment, landing companies such as Nike, Intuit, NASA, AutoDesk and PBS. We both made personal investments in the company.

How TenOneTen Ventures Is Investing In LA's Technology Future

socalTECH

Despite a growing technology industry here in Southern California, local investors and entrepreneurs tell us there''s still a shortage of local, venture capital. Explain what kinds of investments TenOneTen makes or hopes to make? What''s the best way for entrepreneurs to approach you?

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The Berkus Method: Valuing an Early Stage Investment.

Berkonomics

For those of us who’ve invested in early stage companies, especially technology startups, we have confronted a universal problem. There are many ways to project the value of a company for purposes of pricing an investment, but all rely upon the revenue and profit projections of the entrepreneur as a starting point. Strategic relationships (reducing market risk and competitive risk) $1/2 million.

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MeetAdvisors | Business Advice For Entrepreneurs

Tech Zulu Event

Most of the time the advice you are looking for is from a successful entrepreneurs who might be so busy to be reached. The starup offers online entrepreneurial networking opportunities by introducing professionals with expertise (Advisors) to those seeking business advice (Entrepreneurs). Entrepreneurs ask Advice, when granted, they leave a review for the Advisor. If other entrepreneurs knew he was here there’d be a line,” said Fridman. No direct competition.

San Diego 3rd Annual Quick Pitch Competition

SoCal Tech Calendar

Thursday, October 8, 2009 -- San Diego 3rd Annual Quick Pitch Competition. Announcing the third annual Quick Pitch competition, showcasing talented entrepreneurs seeking funding. Each pitch will be judged based upon investment potential and presentation quality. Competition winners will be announced at the conclusion of the evening and presented with 2009 Quick Pitch Awards.

Please Help Me Congratulate Jordan Hudson as @UpfrontVC’s Newest Investment Principal

Both Sides of the Table

Most associates need some entrepreneurial experience before actually making investments. Ability to source information easily to help build a thesis around companies / industries / competition. And we’ve begun relaunching our “platform services” for entrepreneurs.

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CapLinked Worldwide Pitch Competition | Submit Your Startup

Tech Zulu Event

CapLinked , the online platform for private investment funded by members of the “ PayPal Mafia “—announced that it is launching a worldwide pitch competition for entrepreneurs to present their business ideas to a panel of all-star judges from Idealab, Rincon, Rapidfire, and Actarus. Company founders and aspiring entrepreneurs of all-stripes are welcome to submit their plans for a chance at fame and glory, as well as international exposure for their company.

VCs say Silicon Valley isn’t the gold mine it used to be

TechCrunch LA

High-profile entrepreneurs and investors, Peter Thiel, for example , have left. “It’s hard to make a difference in San Francisco as a single entrepreneur,” said J.D. “It’s not as a hard to make a difference as a successful entrepreneur in Columbus, Ohio.”

Boosting the US Economy | Invest in Research & Development for Tax Credit

Tech Zulu Event

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.

Montreal’s reelyActive Wins Startup World Competition | Becomes ‘World’s Best Startup’

Tech Zulu Event

2020 seems like a decade away into space, however Motreal-based reelyActive, the winner os Startup World Competition , is doing just this. The post Montreal’s reelyActive Wins Startup World Competition | Becomes ‘World’s Best Startup’ appeared first on TechZulu.

Chris Hollod On Investing With Ashton Kutcher, Guy Oseary, and Ron Burkle

socalTECH

Many investors, and many startups have heard of A-Grade Investments �the investment firm created by Ashton Kutcher , Guy Oseary , and Ron Burkle �and the many investments it has made, in such huge, breakout companies as Uber, Airbnb, Spotify, Pinterest, Warby Parker, Houzz, Nest, and many others�an investment that has now grown to be worth more than $250M. Wallach on investments out of a new fund, Inevitable Ventures. Ron chose me to manage those investments.

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Why Did I Invest in the Company Pose?

Both Sides of the Table

What I’d like to do is tell you the story of how the investment came to be, what my thesis is / was and share some thoughts on macro trends. The Team – I’m on record as saying that 70% of my investment criteria are team related. He wanted to be an entrepreneur.

Five Trick Questions Every Entrepreneur Should Answer Before Asking For Money

InfoChachkie

However, certain questions can be tricky for an entrepreneur to answer. Below are five common questions an entrepreneur will encounter when seeking venture funding. Intent : Investor / entrepreneur conflicts often arise when a company contemplates an exit opportunity.