Berkonomics

JANUARY 25, 2024

If you are lucky enough to create competition among investors for your company, you can select the investor or group with an individual who has experience in your niche and identifies with your vision. We had no term for such work in those days and created the phrase “resource capitalist” to describe the person and process.

Coach 156

Coach Organization Resource Equity 156

Startup Professionals Musings

MAY 5, 2014

You can start a new e-Commerce site on the Internet for as little as $100, with cheap smart phone apps, new technology innovations, or tapping the multitude of opportunities brought by capitalizing on our concern for dwindling natural resources. This not only saves scarce natural resources, but adds value to the economy.

Resource 96

Resource Ideas Startup Commerce 96

Both Sides of the Table

JANUARY 8, 2014

Smart founders use this extra resource to their advantage. 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 effective immediately Jordan will have the authority to make investments.

Help 365

Help Invest Venture Capital Technical Review 365

Startup Professionals Musings

AUGUST 14, 2014

This raises a big red flag with potential investors, who conclude that no competitors means no market, or you haven’t looked, and the new startup is likely not investable. They simply don’t have the resources to keep ahead of large competitors who see initial traction and go after it. A narrow scope doesn’t help your case either.

Competition 93

Competition Startup Patents Slides 93

Startup Professionals Musings

FEBRUARY 14, 2021

This raises a big red flag with potential investors, who conclude that no competitors means no market, or you haven’t looked, and the new startup is likely not investable. Startups simply don’t have the resources to keep ahead of large competitors who see initial traction and go after it. A narrow scope doesn’t help your case either.

Competition 166

Competition Funding Startup Patents 166

Startup Professionals Musings

AUGUST 13, 2023

He succinctly outlines the key behaviors that I believe every business leader must focus on, to drive innovation without waiting for the next competitive crisis: Avoid the assumption that current gifts will keep on giving. Sponsor experiments and measure like new investments. Invest more energy in the “horse you can control.”

Framework 96

Framework Competition Ideas IBM 96

Startup Professionals Musings

DECEMBER 21, 2013

This initial focus is usually driven by limited financial and people resources, as well as the bandwidth of the executive team. Yet a creative and skilled team will often find that non-organic growth techniques can better leverage these limited resources. Even mergers and acquisitions (M&A) came quickly. Economies of scale.

Organization 97

Organization Competition Startup Acquisition 97

Startup Professionals Musings

FEBRUARY 27, 2023

Most aspiring entrepreneurs look to their alma mater, or any university, as a source of classes that can help them, but neglect to think outside the box or take advantage of all the other resources to be found there. Get help with grant funding and incubator resources. They can also connect you to area businesses.

Entrepreneur 110

Entrepreneur Class Startup Resource 110

Startup Professionals Musings

JULY 5, 2021

Today you can start a new web site business for as little as $100, produce cheap smart phone apps, or lead the effort to tap the multitude of opportunities brought by capitalizing on our concern for dwindling natural resources. The tighter the loop, the greater the value captured and the stronger the competitive differentiation.

Startup 162

Startup Resource Entrepreneur Social Media 162

Berkonomics

APRIL 6, 2023

But sometimes there is a barrier, an impossibly high cost not considered, a social backlash never thought of, or competition already covering the idea that is unknown to the originator. Which leads us to the second class of creative board thinking… Strategic thinking: Board members who ask: “What is the competitive landscape?”

Company 156

Company Companies Ideas Competition 156

Startup Professionals Musings

MARCH 22, 2021

Building through internal development, or organic growth, makes the most sense when you have a core set of skilled internal resources. Using contracts with partners for growth resources (“borrowing”) is best when you can both define the resources clearly and protect them with effective contractual terms. Partial acquisition.

Organization 132

Organization CTO Hire Outsource Development Startup 132

Startup Professionals Musings

APRIL 26, 2021

No new venture can muster the resources and expertise to attack all these opportunities concurrently, so I recommend a clear and quantified focus on one to maintain credibility. Unfortunately, startups with an innovative product but no protection are quickly overrun by larger competitors with more resources.

Funding 132

Funding Template Resource Competition 132

Startup Professionals Musings

AUGUST 14, 2012

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. No one said it would be easy!

Competition 97

Competition Patents Startup Social Network 97

Startup Professionals Musings

NOVEMBER 23, 2020

He succinctly outlines the key behaviors that I believe every business leader must focus on, to drive innovation without waiting for the next competitive crisis: Avoid the assumption that current gifts will keep on giving. Sponsor experiments and measure like new investments. Invest more energy in the “horse you can control.”

Tips 160

Tips Framework Competition Ideas 160

Startup Professionals Musings

JUNE 14, 2011

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. No one said it would be easy!

Competition 102

Competition Patents Startup Social Network 102

Startup Professionals Musings

MAY 30, 2020

Most aspiring entrepreneurs look to their alma mater, or any university, as a source of classes that can help them, but neglect to think outside the box or take advantage of all the other resources to be found there. Get help with grant funding and incubator resources. They can also connect you to area businesses.

Class 124

Class Startup Resource Mentor 124

Southern California Edison Blog

DECEMBER 8, 2021

By leveraging managed network services , startups can offload time-consuming maintenance tasks and strengthen their IT infrastructure to increase their competitiveness. . Since tech startups have more limited budgets compared to larger companies, making decisions around where to invest resources can be difficult.

Networking 97

Networking Services Startup Resource 97

socalTECH

MAY 2, 2013

But, we felt that there was an opportunity to tap into some of the resources in Los Angeles for companies focused on the straight technology area, as a source of new companies. Explain what kinds of investments TenOneTen makes or hopes to make? David Waxman: We''ve been making investments since the beginning of the year.

Invest 159

Invest Technology Startup Venture Capital 159

Berkonomics

NOVEMBER 9, 2017

So, aiming a brand-new smartphone full of great features but increased complexity using AARP Magazine as your marketing resource just won’t get the job done. You’ll have less competition. You’ll wonder: ‘’Is this a worthy investment with probable payback in revenues? Of course not. Here are just a few to consider….

Marketing 266

Marketing Resource Advertising Social Media 266

Startup Professionals Musings

OCTOBER 29, 2010

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.” That implies competitive now, and the potential to stay in the lead.

Competition 89

Competition Patents IBM IBM 89

Berkonomics

MARCH 5, 2020

Professional investors will probe these five risk areas and make the decision to invest based upon comfort with each. Another is to gain the support of a core vendor who is willing to offer special extended terms to the company as its investment in creating the product in a finished state. And fifth: Competitive risk. .

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Startup Professionals Musings

SEPTEMBER 22, 2021

Unfortunately, most of us don’t have enough resources to bootstrap our own startups, so we are completely dependent on investors to help turn great ideas into great businesses. Offer an attractive and viable investment equation. In reality, that’s only half the story. Show that you love change, but understand reality.

Ideas 140

Ideas Entrepreneur Equity Resource 140

Tech Zulu Event

MARCH 19, 2015

Computers and the Internet have now brought in a new era that relies on data to make profitable business decisions in the competitive environment. Below is a full explanation of how small businesses can leverage technology to earn a competitive advantage in the marketplace. Cloud Services. Social Media Automation Tools. CRM Platforms.

Competition 40

Competition Technology Social Media Tips 40

Tech.Co

MAY 25, 2018

Fortunately, the Startup of the Year program aims to make it easier for founders to connect with resources. Meet some of the amazing organizations that partner with the Startup of the Year program, and could be a valuable resource for you to help build your business. BlackTech Week (Miami, FL). The Case Foundation (Washington, DC).

Startup 141

Startup Technical Review Competition Software Review 141

Startup Professionals Musings

JUNE 30, 2021

Most investors will readily admit that they invest in entrepreneur leadership, more so than innovative ideas, but they often find it difficult to separate aspiring leaders from those that are clearly extraordinary. Create innovative change from existing resources. True leaders don’t let their ego or competitive nature create a façade.

Coach 162

Coach Startup Resource Competition 162

Startup Professionals Musings

MARCH 25, 2023

Every startup dreams of achieving that milestone, when they can focus more on scaling the business and enjoying their earnings, rather than fighting for another investment infusion. Re-investing profits to grow the business is organic growth. Understanding competitive early mover requirements.

Organization 94

Organization Invest Customer Custom 94

Startup Professionals Musings

AUGUST 2, 2015

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. That says you are competitive today, have a real barrier to entry, and the potential to remain ahead of the competition for a long time.

Startup 118

Startup Competition Patents Resource 118

Startup Professionals Musings

JUNE 21, 2020

Every startup dreams of achieving that milestone, when they can focus more on scaling the business and enjoying their earnings, rather than fighting for another investment infusion. Re-investing profits to grow the business is organic growth. Understanding competitive early mover requirements.

Organization 173

Organization Invest Customer Custom 173

Startup Professionals Musings

MAY 26, 2023

You will find that customers discount advertising, and look for user testimonials, online influencer reviews, and return-on-investment examples from industry experts. The result can be a host of new competitive and price challenges which can stall growth or require excessive resources and time. Incent these early.

Product 141

Product Services Technical Review Artificial Inteligence 141

Berkonomics

JANUARY 11, 2018

But sometimes there is a barrier, an impossibly high cost not considered, a social backlash never thought of, or competition already covering the idea that is unknown to the originator. Strategic thinking: Board members who ask: “What is the competitive landscape?” Which leads us to the second class of creative board thinking….

Company 243

Company Companies Ideas Competition 243

Berkonomics

DECEMBER 7, 2017

If you are lucky enough to create competition among investors for your company, you can select the investor or group with an individual who has experience in your niche and identifies with your vision. We had no term for such work in those days, and created the phrase “resource capitalist” to describe the person and process.

Coach 243

Coach Organization Resource IBM 243

Startup Professionals Musings

DECEMBER 11, 2022

My first suggestion is that entrepreneurs need to forget the old myth that all they need to do is sketch an idea on a napkin, and investors will line up to invest. The most investable ventures stem from painful needs by customers who have money to spend. Investors invest in people, often more so than in the product.

Entrepreneur 108

Entrepreneur Invest Funding Patents 108

Startup Professionals Musings

APRIL 28, 2023

The information exchange from day-to-day interactions of engineers and marketers will drive you enhance your own processes to be more competitive. By sharing and learning in non-competing areas, they can focus their limited resources on solidifying their core competencies, and expanding their unique segment of the market.

Startup 105

Startup Outsource Competition Entrepreneur 105

TechCrunch LA

MAY 20, 2021

Eano, she said, offers competitive and transparent pricing so that homeowners aren’t surprised as a remodeling project goes on. We invest in people, and when you can find extremely talented entrepreneurs who have built successful companies and still have the hunger to win, you jump in with a blank check,” he said.

Technical Review 185

Technical Review Startup Venture Capital Software Review 185

Startup Professionals Musings

JULY 22, 2022

Think of it as an investment, rather than an obligation. All great business organization are internally competitive, and thrive on recognition. Give people the resources they need to succeed. Properly giving your team the resources they need is the battle you much fight before asking them to do their part.

Resource 114

Resource Coach Startup Training 114

Startup Professionals Musings

APRIL 29, 2023

With services, scaling the business often implies cloning yourself, since you are the intellectual property and the competitive advantage. For example, both need to provide exemplary customer service, build customer loyalty, and provide real value for a competitive price. You have no shelf life, so you can’t make money while you sleep.

Startup 111

Startup Training Services Writing 111

Berkonomics

JUNE 8, 2017

Email readers, continue here…] Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally-generated funds. Strategic partner” investors: If you can find a strategic partner willing to invest in your enterprise, consider it a blessing.

Venture Capital 266

Venture Capital Class Invest Equity 266