Startup Professionals Musings

DECEMBER 9, 2019

With the advent and popularity of crowdfunding platforms, including Kickstarter and IndieGoGo , as a winning alternative for funding your new venture, I find that many aspiring entrepreneurs are confused about the need to ever seek a professional angel investor. Consider the need for multiple rounds of funding.

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Funding Startup Platform Examples 119

Both Sides of the Table

OCTOBER 26, 2020

leadership, mentorship, competitiveness, communications, relationship-building?—?and I’ve become fond of saying “if I had a dollar for every person who told me just how much they loooooved Kara Nortman, I’d have a 10x fund.” Kara said “no” because she wanted to start her own company, which she did and I backed.

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Venture Capital Startup Invest CitySearch 361

Startup Professionals Musings

FEBRUARY 5, 2020

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. Funding is depleted before customer sales ramp up.

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Startup Entrepreneur Examples Customer 131

Startup Professionals Musings

JANUARY 23, 2021

Ironically, as a startup investor and mentor, I have seen too many failures caused by just the opposite – too much money spent too soon, taking time to get product perfection, and assuming customers will wait. How many times have you actually made up work to keep an idle person busy? Rethink or reframe the challenge.

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Startup Resource Entrepreneur Competition 164

Startup Professionals Musings

APRIL 6, 2020

In my years of mentoring and working with startups, I’ve seen and read about some amazing disruptions, as well as recoveries, and I’m sure each of you could add your own. You can’t predict big quality problems, funding shortfalls, and viral events that don’t work. Get to know your headhunter or freelancer.

Startup 133

Startup Entrepreneur Competition Mentor 133

Startup Professionals Musings

SEPTEMBER 7, 2022

Most of you business professionals that I know have at least thought about or talked about starting their own business, to get more control, make more money, or to get more satisfaction out of their life. As a mentor to young aspiring entrepreneurs , I often get asked for tips on a strategy to get started.

Startup 114

Startup Tips Coach Satisfaction 114

socalTECH

OCTOBER 11, 2010

Last week, the University of Southern California 's Viterbi School of Engineering announced that it had established a new, business plan competition, the Maseeh Entrepreneurship Prize Competition ([link] specifically aimed at students in the engineering school. Why a business plan competition, and why in engineering school?

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Competition Southern California Mentor USC 154

Startup Professionals Musings

AUGUST 21, 2020

As a mentor to aspiring entrepreneurs, I often feel the frustration of someone trying to build a startup in the wrong place and time, and wrongly attributing their struggle to personal limitations. I saw these addressed well in a new book, “ The Startup Community Way ,” by Brad Feld and Ian Hathaway.

Resource 131

Resource Startup Capital Mentor 131

Both Sides of the Table

NOVEMBER 15, 2014

Of course this can be done and of course I am a big proponent of the rise of startup centers across the country as the Internet has moved from the “infrastructure phase” to the “application phase” dominated by the three C’s: content, communications and commerce. ” But I think this misses the point.

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Company Companies Startup Snapchat 369

Startup Professionals Musings

AUGUST 23, 2021

Thus, in my role as mentor to young entrepreneurs, I always recommend that you first take a hard look at your own values and priorities, before jumping into any new startup, as the founder, or even as a side hustle. Timing is critical for every startup. Of course, if you wait for the perfect time, you may never start.

Startup 159

Startup Satisfaction Entrepreneur Equity 159

Startup Professionals Musings

MAY 11, 2020

Even though the color of their money is always green, all startup investors are not the same. Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors. Personally visit another startup funded by this investor. It’s no fun for either side.

Technical Review 124

Technical Review Funding Innocal Offshore 124

Startup Professionals Musings

JUNE 3, 2023

One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. Most of these are non-profits, set up by a university to commercialize new technologies, or a municipality to foster business development for the local economy.

Organization 92

Organization Incubator Startup Resource 92

Startup Professionals Musings

MAY 30, 2020

The lesson of finding help, connections, and even funding where other people may never look is one that makes all the difference in the entrepreneur lifestyle. Most universities have a file of patents from project work that they are willing to license to any entrepreneur for business commercialization, with little or no cost up front.

Class 124

Class Startup Resource Mentor 124

socalTECH

JANUARY 22, 2019

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. Kevin O'Connor: It's 100 percent our own funds.

Venture Capital 145

Venture Capital Startup Invest Capital 145

Startup Professionals Musings

OCTOBER 4, 2023

Ironically, as a startup investor and mentor, I have seen too many failures caused by just the opposite – too much money spent too soon, taking time to get product perfection, and assuming customers will wait. How many times have you actually made up work to keep an idle person busy? Rethink or reframe the challenge.

Resource 112

Resource Ideas Competition Entrepreneur 112

Startup Professionals Musings

APRIL 12, 2020

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. If you ask them for a reason, most will insist that they couldn’t get funding, or they ran out of money too early. The fallacy of formulas that “can’t fail,” and holding on to troubled ventures, is alive and well in startups.

Startup 124

Startup Netflix Social Media Customer 124

Startup Professionals Musings

DECEMBER 31, 2022

In my years of mentoring and working with startups, I’ve seen and read about some amazing disruptions, as well as recoveries, and I’m sure each of you could add your own. You can’t predict big quality problems, funding shortfalls, and viral events that don’t work. Get to know your headhunter or freelancer.

Startup 98

Startup Entrepreneur Competition Mentor 98

Startup Professionals Musings

OCTOBER 1, 2022

As a mentor to many business professionals and owners, and aspiring entrepreneurs, I find a wealth of innovative ideas, but often less insight on what it really takes to transform ideas into an income stream that can excite new customers into long-term business success. A great innovation starts with at least three ideas.

Ideas 145

Ideas Startup Case Study Writing 145

Tech.Co

MAY 25, 2018

Still though, when founders are seeking funding, “ 75 percent of the venture capital goes to three states: Massachusetts, New York, and California,” said Steve Case in an interview with Recode. Fortunately, the Startup of the Year program aims to make it easier for founders to connect with resources.

Startup 141

Startup Technical Review Competition Software Review 141

Both Sides of the Table

NOVEMBER 13, 2014

Let me start with the news that I’m excited to share with you. Competitive (Athlete: skier & rowed at Princeton, hates losing at everything she does). Startup CEO experience (Founded P.S. XO along with my good friend Soleil Moon Frye. She is a coach and mentor to team members. Thus began my marketing campaign.

Venture Capital 408

Venture Capital Startup Outsource Development CitySearch 408

Startup Professionals Musings

MARCH 17, 2010

By Jim Flowers A few months ago, Marty invited me to comment on business incubation and what a startup company ought to expect from an incubator. At VT KnowledgeWorks we screen prospective clients for their Market opportunity, for the Magic that they offer to their prospective customers, and for the Moxie displayed by the start-up team.

Incubator 80

Incubator Mentor Capital Startup 80

Startup Professionals Musings

JANUARY 7, 2023

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. If you ask them for a reason, most will insist that they couldn’t get funding, or they ran out of money too early. The fallacy of formulas that “can’t fail,” and holding on to troubled ventures, is alive and well in startups.

Entrepreneur 125

Entrepreneur Netflix Social Media Startup 125

Startup Professionals Musings

SEPTEMBER 23, 2020

A continuing question I hear from young entrepreneurs is whether a university degree is important to startup success, or just a distraction in achieving their purpose in the world. Take advantage of free startup programs and mentors. Initiate networking to find peer partners and investors.

Entrepreneur 157

Entrepreneur Mentor Class Resource 157

Tech.Co

APRIL 24, 2018

But if you’re a startup founder, you too have the chance to find your own moment in the spotlight. Over the past decade, startups that have been part of the Startup of the Year programs have made new partnerships, grown into household names, and collectively raised billions of dollars in funding.

Startup 70

Startup Competition Google Capital 70

Startup Professionals Musings

OCTOBER 17, 2016

One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. Most of these are non-profits, set up by a university to commercialize new technologies, or a municipality to foster business development for the local economy.

Incubator 106

Incubator Startup Help Resource 106

Both Sides of the Table

APRIL 19, 2011

I recently sat down with Matt Coffin , the founder of LowerMyBills, which sold for $400 million but was very nearly a bankruptcy only a few years early, and talked “startups.&#. Matt is one of the most transparent, focused & honest startup guys you’ll meet. Or read the quick, informative summary below the image!

Acquisition 304

Acquisition Startup Customer Custom 304

TechCrunch LA

JANUARY 26, 2020

The Los Angeles startup community is joining the rest of the world in mourning the death of NBA superstar, entrepreneur and investor Kobe Bryant who was killed in a helicopter crash in Calabasas, Calif., billion investment vehicle that was launched in partnership with the private equity fund, Permira, according to a report in USA Today.

Venture Capital 359

Venture Capital Los Angeles Legalzoom Calabasas 359

Startup Professionals Musings

JUNE 3, 2016

I find that this type offers the most value to new entrepreneurs or startups in the early idea stage. Most incubators start their program with some aptitude and business acumen tests. Direction, mentoring and resources required. Costs, returns in equity and funding access. Access to funding partners after exit.

Incubator 58

Incubator Startup Seed Funding Equity 58

InfoChachkie

OCTOBER 20, 2014

According to a recent Forbes article , UC Santa Barbara''s Technology Management Program offers students a superior startup education over the University of Pennsylvania (home of Wharton), as well Harvard, Northwestern and even its acclaimed southern neighbor, the University of Southern California. Techpreneurs. Share and Enjoy.

Santa Barbara 258

Santa Barbara Technical Review Startup Venture Capital 258

Startup Professionals Musings

JANUARY 31, 2021

If you sold your last startup for $800 million, you probably already know how to build a business, and even conservative investors won’t worry about the quality of your next business plan. Most investors tend to think of startups without a plan as expensive hobbies. Marty Zwilling.

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Sample Writing Mentor Content 137

Startup Professionals Musings

SEPTEMBER 9, 2013

There is no substitute for diving into the key details of a new startup. These executives won’t survive long in a startup environment. An obvious reason is limited funds, but a more important reason is the need to know and intimately understand what is really going on in the business and the market. Check your ego at the door.

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Startup Entrepreneur Template Mentor 103

Startup Professionals Musings

NOVEMBER 2, 2022

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. Build your business with minimum outside funding. Investors know that startups with too much money fail just as often as those with not enough.

Resource 121

Resource Metrics Entrepreneur Customer 121

socalTECH

JUNE 20, 2012

There is a large menu of startup accelerators in the Los Angeles, but one of more established efforts in the area is LaunchpadLA ([link] The effort actually started as an informal mentoring program, but has grown and expanded to follow the accelerator model. For readers, LaunchpadLA is all about?

Class 261

Class Mentor Startup Santa Monica 261

Startup Professionals Musings

NOVEMBER 12, 2022

As an angel investor and a mentor to entrepreneurs I still see this every day. Every entrepreneur needs to start by setting a major purpose for embarking down a specific business path. This is still one of the most important competitive differentiators that you can offer. Going the extra mile. Applied faith. Enthusiasm.

Technical Review 119

Technical Review Ideas Entrepreneur Customer 119

Startup Professionals Musings

SEPTEMBER 1, 2014

One of the reasons that now is the time to be an entrepreneur is the explosion of startup assistance organizations, usually called incubators or accelerators. Most of these are non-profits, set up by a university to commercialize new technologies, or a municipality to foster business development for the local economy.

Incubator 98

Incubator Startup Help Resource 98

Startup Professionals Musings

JANUARY 31, 2015

If you sold your last startup for $800 million, you probably already know how to build a business, and even conservative investors won’t worry about the quality of your next business plan. Most investors tend to think of startups without a plan as expensive hobbies. business business plan entrepreneur hobby startup'

Startup 109

Startup Writing Mentor Sample 109

SoCal CTO

JANUARY 26, 2010

In December 2007, I described how I commonly take on an Acting CTO Role in a Start-up. However, I’ve now begun questioning how and what an early-stage / startup CTO should be. What worries me a bit is how often I read that startups should hire a developer / hands-on lead developer. Gap closed, right? Probably not.

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Fractional CTO CTO CTO Hire CTO Coach 225