This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Tracy DiNunzio, Founder and CEO of Tradesy , recently shared her insights regarding the best approach for entrepreneurs to address competition. Tracy''s frank, pragmatic and somewhat controversial comments were presented as part of UC Santa Barbara''s Distinguished Lecture Series. competition''s a really interesting thing.
Information Asymmetry - The biggest problem that presenters face in large (5+ people) is information asymmetry. You come into a meeting where your sponsor (the person who invited you to present to the partners) knows a lot about you and the rest of the room may have varying degrees of knowledge. Does that sound ok?&#.
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. Can’t go a mile deep on competition?
He presented the idea at the TED conference in the mid 90′s and was literally boo’d while he was on stage. 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. Overture (Goto.com).
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. You’ve got to put the competition into perspective. Resilience is one of the tell tale signs of an entrepreneur. It’s a gritty existence.
Jason started the Open Angel Forum in response to his frustration that entrepreneurs were being charged by some angel organizations to present at their events. As a former entrepreneur, I’m a big supporter of Jason’s goals. Also present were NorCal angels including Ron Conway , Chris Sacca and Shervin Pishevar.
TechCrunch Europe ran an article in November of last year that European startups need to work as hard as those in Silicon Valley and I echoed the sentiment in my post about the need for entrepreneurs to be maniacal about their businesses if one wants to work in the hyper competitive tech world. We were based in London.
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.
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.
Sunday, September 6, 2020 -- National Business Plan Competition Deadline/Pismo Ventures. Pismo Ventures presents the National Venture Plan Competition (NVPC). Seee [link] (more)
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.
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. In business, such players are analogous to serial entrepreneurs.
Often I see executive summaries from entrepreneurs who have never managed any form of business, or even managed employees in their past life, and who don’t know the first thing about business formation and managing for growth. I used to tell them to find a partner with knowledge in business creation and management.
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. See [link] (more)
As an entrepreneur, I understand your passion when pitching your solution to investors and customers, but passion alone won’t make one more technology pitch stand out above all the rest. Don’t expect your storytelling to be a substitute for basic business plan content, including competitive analyses and financials.
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. Three finalists will then be selected to formally do a 2-minute pitch for the grand prize!
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. Each pitch will be judged for both presentation quality and investment potential.
His focus is on sales, but I see the same skills needed for entrepreneurs. His top eight required skill set elements for sales don’t even mention product skills, and match my view of the right skill set for successful entrepreneurs, with only a few priority changes: Creating and sharing a vision. Negotiating and creating win-win deals.
Other writers, like Guy Kawasaki, have irreverently called some of these “entrepreneur lies,” but I prefer to think of them as innocent over-enthusiasm or over-confidence that can kill your deal. It always amazes me how an entrepreneur can define his market opportunity so broadly, then assess his competition so narrowly in the next breath.
For true entrepreneurs, risk is viewed as a positive, with its implied challenge to overcome the unknown and hitting the big return. One way to learn is to understand better how successful entrepreneurs approach risk, and look at actual strategies they use for success. This is the origin of the “first movers” competitive advantage.
On this blog I’m often trying to combine lessons for entrepreneurs and market commentary. I have long wanted to write about FNAC (feature, not a company) because it’s part of my normal lexicon to push teams that present to me to think harder about where the economics in their industry is coming from.
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.
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? Opportunity segmentation and competitive environment.
It seems like everyone wants to be an entrepreneur and get rich these days. Find out if something very similar is already selling, and who your competition would be if you proceed. Pitching” is the insider term for presenting your product idea to people who could conceivably buy it or fund your efforts. Now get real (cook it).
In my bones I’m convinced that entrepreneurs are more nature than nurture although I know both are involved. I have recently written extensively on what I believe the 12 characteristics of an entrepreneur are. Entrepreneurs aren’t born, they’re made.&# The data in this article is at best, a stretch. from a young age.
We talked with Noah about how the company grew out of a business plan competition at the University of Southern California, his recent funding from the Maverick Angels, as well as how the firm hopes to stand out among a crowded list of comparison shopping sites. Noah Auerhahn: We just had too much free time at USC.
A profile of the state of the Bitcoin industry and its presence of female entrepreneurs. A clear distinction our female entrepreneurs have made here has been their active decisions to hit the ground running. Brock Pierce – Digital Currency Entrepreneur and Angel Investor. The subject on hand? Bitcoin, litecoin, maybe doge.
As an advisor to entrepreneurs and active angel investor, I often get questions about the realism of the Shark Tank TV series, compared to professional investor negotiations. Yet the process is eerily realistic, and every entrepreneur can glean some important lessons. Personalize your presentation, if possible, for every investor.
I’ve seen too many entrepreneurs try to do things on the cheap. there may be major competitive changes in the market that makes your next funding round hard (e.g. They can fund a deal if necessary and valid at the time you present an acquisition target to them. But the lower end also has risks. What to do?
Although most people believe that being a successful entrepreneur is all about having the right idea, I’m convinced from my years of experience as a startup advisor and investor that’s it’s more about you as a person. The best entrepreneurs are not just dreamers of the next big thing – they have to be great facilitators and problem solvers.
In the competitive realm of business, you only get one chance to make a great first impression. You have to be able to communicate effectively in all the common forms, including business writing, as well as talking, presenting, and producing videos. You can’t afford that competitive disadvantage. Martin Zwilling.
As an advisor to entrepreneurs and active angel investor, I often get questions about the realism of the Shark Tank TV series, compared to professional investor negotiations. Yet the process is eerily realistic, and every entrepreneur can glean some important lessons. Personalize your presentation, if possible, for every investor.
Company finalists will compete at the 4th Annual Quick Pitch Competition, where entrepreneurspresent two minute pitches to a blue ribbon panel of judges (who assess substance and presentation quality), and an audience of over 400 leaders within the entrepreneurial community.
I was having a chat with an entrepreneur who I really like and who I try to mentor from time-to-time. If you’re hot you might be able to push this down to 15-20% depending on the investor and the competition. I’ve seen this guy present. One problem. He’s struggling to raise money. He does a good job.
My pal Dave occasionally presents “headline risks” for investors. Many through history became entrepreneurs precisely because they were unemployable. He had a philosophy that the future competition for startups would be design led and based on data analysis. But he knows that. I’ve been told so. I think I am, too.
Every entrepreneur and business executive knows that continuous innovation is required to survive, but most struggle with this more than any other challenge they face. A business that relies on static skill replacement is falling behind, and ripe for the next competitive crisis. Innovation driven by the next crisis is not leadership.
Pull Quote: “If you are smart, competitive, hard working and passionate about what you do you will have the best experience of your life. With that said, what books, blogs or other resources do you recommend for emerging entrepreneurs? Of course, there was so little competition back then so it easier to find uncharted territory.
According to lead researcher Professor Sarah Townsend, " When youre putting together an important presentation or working on a high-stakes project. Competitive Rivalry - Constructive internal competition that does not derail a startup from achieving its strategic goals will enhance your teams overall performance.
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? Opportunity segmentation and competitive environment. Marty Zwilling.
In the competitive realm of business, you only get one chance to make a great first impression. You have to be able to communicate effectively in all the common forms, including business writing, as well as talking, presenting, and producing videos. You can’t afford that competitive disadvantage. Martin Zwilling.
Even though I love technology, I always cringe when an entrepreneur starts his investor pitch to me by touting his new technology. In reality, new technology alone is often assigned a negative value, as startups push out alpha and beta products earlier and earlier in the competitive rush. Marty Zwilling.
Smart entrepreneurs always balance the risk with facts, when they have them, rather than their gut. In business, this means spending time and resources on new ideas, as well as encouraging people to find faster, better, cheaper, and easier ways to produce results, beat competition, and improve customer service. Marty Zwilling.
Many entrepreneurs fantasize about days longer than 24 hours, convinced that their new venture could change the world, if they just had more time. However, this topic is particularly critical to entrepreneurs, who struggle with challenges and crises every day that they didn’t anticipate. Marty Zwilling.
I get paid (well) for interesting people to come in and tell me how they want to change the world – Being an entrepreneur is like having blinders on. At least for the best entrepreneurs. Some people do the conference circuit too much, get involved in lots of side projects and attend every entrepreneur dinner. I love it.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content