Startup Professionals Musings

DECEMBER 30, 2020

In my role as a mentor to aspiring entrepreneurs, I find that most have the technical challenges well understood, but many are a bit short on some basic street smarts , or basic business realities. It starts with documenting and communicating a real purpose and mission in terms everyone can get excited about. Neither is good.

Entrepreneur 173

Entrepreneur Patents Startup Technical Review 173

Both Sides of the Table

OCTOBER 26, 2020

leadership, mentorship, competitiveness, communications, relationship-building?—?and Kara said “no” because she wanted to start her own company, which she did and I backed. In any job you either find leadership opportunities for your best people BEFORE they ask or other people start asking them to become leaders somewhere else.

Venture Capital 361

Venture Capital Startup Invest CitySearch 361

Startup Professionals Musings

SEPTEMBER 10, 2014

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 103

Technical Review Innocal Offshore Entrepreneur 103

SoCal CTO

JANUARY 26, 2010

I’ve been having discussions with several people recently about the role of the CTO (Chief Technology Officer) in very early stage companies. 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.

Fractional CTO 225

Fractional CTO CTO CTO Hire CTO Coach 225

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. Don''t go to Wharton or Harvard.

Santa Barbara 258

Santa Barbara Technical Review Startup Venture Capital 258

Tech.Co

MARCH 8, 2018

Getting face time with VCs or people of influence is an ongoing challenge for startup founders, and it may take layers of introductions to get to the right person. Lisha works tirelessly to build a platform of advocacy around issues such as tech inclusion, diversity, and education.

Technical Review 70

Technical Review Startup Software Review Entrepreneur 70

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?

Competition 154

Competition Southern California Mentor USC 154

Startup Professionals Musings

NOVEMBER 30, 2022

As an investor in startups, I most often see entrepreneurs who are technologists, or at least have a real passion for a specific product. Here is my list of key drivers that I find critical to thriving in big businesses, as well as startups: Networking to build and maintain key relationships.

Startup 113

Startup Customer Custom Technical Review 113

Startup Professionals Musings

MARCH 27, 2016

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 63

Technical Review Innocal Offshore Entrepreneur 63

InfoChachkie

JANUARY 23, 2012

1) Get A Mentor. "I "I started the site when I was 19. "When you give everyone a voice and give people power, the system usually ends up in a really good place. " When asked about the competition he feared most, Bill Gates is alleged to have said, "the two guys inventing away in a garage somewhere."

Startup 268

Startup Tips CTO Coach Technical Review 268

Startup Professionals Musings

NOVEMBER 12, 2022

In this world of constant change, new technologies, and a thousand cultures, it’s evident and somehow comforting to me that the basic rules for business prosperity really haven’t changed in the last hundred years. Business success is still more about the people than the technology or idea involved. Applied faith. Enthusiasm.

Technical Review 119

Technical Review Ideas Entrepreneur Customer 119

Startup Professionals Musings

JUNE 29, 2022

One of the things I’ve learned over my years as a business mentor and investor is that life isn’t fair when it comes to succeeding in business. These authors speak from their own wealth of experience in creating and growing technology startups, marketing, and fundraising. Intelligence and insight: book and street smarts.

Help 130

Help Mentor Paramount Technical Review 130

Tech Zulu Event

APRIL 1, 2016

140,000 new startup companies are reportedly launched every day. While the epicenter of tech innovation is undeniably Silicon Valley, a tide of new hubs emerging across the globe are gaining recognition. The “ real gold ” of Silicon Valley reportedly lies in its mentors. Startups previously needed a partner that was local.

Technical Review 40

Technical Review Startup Incubator Media 40

socalTECH

FEBRUARY 3, 2010

We thought today for our interview, that we'd get an update on the angel investment environment here in Southern California from Scott Sangster , the incoming President of the Los Angeles Chapter of the Tech Coast Angels , the biggest angel investment group in Southern California.

Tech Coast Angels 182

Tech Coast Angels Technical Review Angel Southern California 182

Startup Professionals Musings

AUGUST 7, 2020

Although his focus is naturally on bigger companies, I contend that his recommended strategies apply equally well to entrepreneurs and startups: Demand a mindset of deep thinking for the long term. In my experience, even in startups, longer-term strategy often gets pushed off the agenda due to current challenges.

Technical Review 124

Technical Review Layoffs Social Media Metrics 124

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. Investors hate technology solutions looking for a problem, due to the high risk of no customers. Entrepreneurs see “no risk” as meaning “no reward.”

Resource 121

Resource Metrics Entrepreneur Customer 121

Startup Professionals Musings

JULY 19, 2010

Due in large part to the current economy and an ultra-competitive job market, a Gen-Y entrepreneurial tsunami is already upon us. And today, more than 2,000 colleges and universities offer entrepreneurship courses – up from the just 70 schools that Boomers and Gen-X had to choose from in 1970. That stereotype may be changing.

Competition 96

Competition Startup Technical Review IBM 96

Startup Professionals Musings

SEPTEMBER 4, 2019

It really is possible for an introvert to succeed as an entrepreneur, even though you can’t expect to start and build a business alone. Asking someone to be your mentor is not a sign of weakness, and most mentors love to help. Turn existing connections into productive relationships.

Entrepreneur 104

Entrepreneur Mentor Activity Startup 104

Startup Professionals Musings

FEBRUARY 15, 2020

In this world of constant change, new technologies, and a thousand cultures, it’s evident and somehow comforting to me that the basic rules for business prosperity really haven’t changed in the last hundred years. Business success is still more about the people than the technology or idea involved. Applied faith. Enthusiasm.

Technical Review 126

Technical Review Ideas Entrepreneur Customer 126

socalTECH

NOVEMBER 2, 2017

We caught up with Fuel50 founder and CEO Anne Fulton to learn more about the startup. Anne Fulton: Fuel50 is a career pathing startup, part of the HR technology landscape. We're a disruptor, the third wave in human resources technology. How did you start the company? Los Angeles-based Fuel50 (www.fuel50.com)

Help 100

Help Southern California Startup Technical Review 100

Startup Professionals Musings

JANUARY 28, 2019

If you listen primarily to the popular press, you could easily be convinced that all successful startup businesses are built by one smart person, such as Mark Zuckerberg at Facebook, or Jeff Bezos at Amazon. Solo or autocratic entrepreneurs usually don’t survive, due to required skills and a workload far beyond the capacity of a single human.

Entrepreneur 94

Entrepreneur Technical Review Ideas Tool 94

Startup Professionals Musings

SEPTEMBER 9, 2015

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. Investors hate technology solutions looking for a problem, due to the high risk of no customers. Entrepreneurs see “no risk” as meaning “no reward.”

Startup 115

Startup Resource Metrics Entrepreneur 115

Startup Professionals Musings

AUGUST 27, 2014

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. Investors hate technology solutions looking for a problem, due to the high risk of no customers. business calculated risks entrepreneur smart risks startup'

Startup 113

Startup Resource Metrics Entrepreneur 113

Startup Professionals Musings

FEBRUARY 8, 2020

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. Investors hate technology solutions looking for a problem, due to the high risk of no customers. Entrepreneurs see “no risk” as meaning “no reward.”

Entrepreneur 129

Entrepreneur Resource Metrics Customer 129

Startup Professionals Musings

JANUARY 25, 2016

If you can’t provide a memorable customer experience, your startup won’t survive very long these days. According to many observers , we can thank or blame technology for these higher expectations, providing information at the speed of light, leading everyone to expect more. Provide coaching and mentoring as well as training.

Customer 55

Customer Custom Startup Coach 55

Both Sides of the Table

JANUARY 16, 2014

I got a call a few years ago from a well-known investor up North. I reviewed a deal for a friend of mine tonight. He’s an incredibly smart investor and somebody that I actually consider to be a mentor to myself. He wanted to know what I thought of his technology deal. Competition is fierce. Startup Advice'

Venture Capital 333

Venture Capital Startup Technical Review Email 333

Startup Professionals Musings

OCTOBER 8, 2018

As a long-time advisor to entrepreneurs and business owners, I rarely find someone who doesn’t proclaim that the business world is changing rapidly, with new technology, new customer expectations, and new cultures. Others still routinely have phone hold queues for customer contact that can last up to an hour, with no alternative options.

Technical Review 84

Technical Review Customer Custom Startup 84

Startup Professionals Musings

FEBRUARY 24, 2012

Lack of confidence in your self, your product, and your startup is a surefire recipe for disaster. It’s always painful when a startup fails, but as a mentor to founders I would hope that you can learn from these failings and not stumble on the same issues: “Business plans are for dummies.” Sleeping giants do wake up. “No

Startup 95

Startup Social Network IBM IBM 95

Startup Professionals Musings

JANUARY 30, 2017

Entrepreneurs are people who dream up new ideas, and then commercialize them into new businesses. Most people believe that the hard part is coming up with the idea, and the easy part is turning it into a business. In today’s world, the market evolves even faster than the technology. Communication must be proactive, not reactive.

Ideas 72

Ideas Startup Metrics Entrepreneur 72

Startup Professionals Musings

OCTOBER 14, 2019

For example, I grew up in IBM when Bill Gates was helping us deliver the first IBM PC. We slowly realized that Microsoft’s value went far beyond his technical contributions, due to his connections with key software developers and relationships with hardware manufacturers who could make the PC revolution universal.

IBM 87

IBM IBM Ideas Technical Review 87

Startup Professionals Musings

APRIL 2, 2013

Lack of confidence in your self, your product, and your startup is a surefire recipe for disaster. It’s always painful when a startup fails, but as a mentor to founders, I would hope that you can learn from these failings and not stumble on the same issues. Some startups think business plans are only for investors.

Entrepreneur 111

Entrepreneur Startup Social Network IBM 111

SoCal Delicious

JANUARY 9, 2014

No clear vision or purpose This should be the starting point for any startup founder, but it’s often overlooked. The money will end up following you.” Tony Hsieh Without a clear purpose, a startup can meander along without much momentum. Chase the vision not the money. By focusing on the ‘why?’

Startup 78

Startup Design Customer Custom 78

Both Sides of the Table

JUNE 24, 2015

He spent the evenings having tech debates with the likes of Gary Vaynerchuk, Travis Kalanick, Garrett Camp and … Chris Sacca. Matt learned the “client service” approach to venture capital or startups by working at CAA and credits Richard Lovett with having taught Matt the importance of client service.

Venture Capital 150

Venture Capital Funding RSS Technical Review 150

Startup Professionals Musings

FEBRUARY 16, 2018

The market is changing so fast these days, and if you are not planning a solution today for tomorrow’s customers, you may be setting yourself up for failure and don’t even realize it. Regularly follow reviews and influencers in your industry. There are always new competitors who are planning their arrival tomorrow.

Customer 57

Customer Custom Technical Review Software Review 57

Tech Zulu Event

MAY 2, 2011

The ambitiously competitive teams were as follows: The Brownies, with Epic Tunes, an app aimed at live concert goers, to provide information, show reviews, and access to ticket purchases. Tech Nerds, with Tab Attack, a game-based learning system to help teenagers play drums & guitar with the use of tablatures. Find a hero.

Technical Review 82

Technical Review Entrepreneur Software Review USC 82

Startup Professionals Musings

FEBRUARY 28, 2018

In this world of constant change, new technologies, and a thousand cultures, it’s evident and somehow comforting to me that the basic rules for business prosperity really haven’t changed in the last hundred years. Business success is still more about the people than the technology or idea involved. Applied faith. Enthusiasm.

Technical Review 53

Technical Review Ideas Entrepreneur Customer 53

Startup Professionals Musings

JANUARY 24, 2010

Lack of confidence in your self, your product, and your startup is a surefire recipe for disaster. It’s always painful when a startup fails, but as a mentor to founders I would hope that you can learn from these failings and not stumble on the same issues: “Business plans are for dummies.” Sleeping giants do wake up. “No

Startup 52

Startup Social Network IBM IBM 52