Is your budget a forecast? When do you change mid-course?

Berkonomics

Many entrepreneurs are impatient by nature, not the best of detailed planners. Hold it! These are confusing terms. When does a budget become obsolete? Do we rely upon constant changes and call it a forecast? So, let’s spend a few moments defining this sometimes-confusing set of terms.

Course 263

Stay the Course – Create Success with Relentless Commitment

Eric Greenspan

But most important is your ability to stay the course. I watch and work with many entrepreneurs each day as they build their dreams. If you believe it and you stay the course, you will find your way to success. Stay the course. The post Stay the Course – Create Success with Relentless Commitment appeared first on Eric Greenspan. Entrepreneuring Ignite Motivational Think BigPatience, it’s not only a virtue, it’s a requirement for success.

Course 103

How Digital Entrepreneurs Approach Startup Life

Tech.Co

Entrepreneurs have become more resourceful since the 80s, and your options are more diverse as well. The Instagram lifestyle may have inspired a slew of would-be entrepreneurs to merge work and travel as never done by previous generations.

Why Entrepreneurs Hate (Most) MBAs

InfoChachkie

Someone on Quora recently asked me to answer the following question: Why Do Digital Entrepreneurs Hate MBAs? Tech entrepreneurs' consternation with MBAs does not rise to the level of loathing. A version of this article previously appeared on Forbes.

One Book Every Entrepreneur Should Own

Both Sides of the Table

” I have long thought about and written about the personal toll that being an entrepreneur places on your life. These were amongst some of the most read blog posts I have written, which shows me that the stress, pressures and loneliness of being and entrepreneur resonates.

Entrepreneurs Who Relish Being Wrong Usually Win

InfoChachkie

Effective entrepreneurs reject dogmatism and embrace doubt. Confirmation bias is particularly dangerous at startups, as it slows down these vital course corrections. The post Entrepreneurs Who Relish Being Wrong Usually Win appeared first on John Greathouse

How Do VCs Choose Their Investors (and should entrepreneurs care?)

Both Sides of the Table

I recently read a blog post by Beezer Clarkson, Managing Director of Sapphire Ventures about why entrepreneurs should care about from whom their VC funds raise their capital. But should entrepreneurs really care whom the LPs of a fund are?

10 Startup Lessons Entrepreneurs Can Learn From Superheroes

InfoChachkie

As part of UC Santa Barbara’s Distinguished Lecture Series, Jason Nazar, Co-Founder and CEO of Docstoc , recently shared ten lessons that emerging entrepreneurs can learn from superheroes. If you enjoy Jason’s content and style, you might want to check out his online course.

When Hiring Entrepreneurs, Ignore Their Resumes

InfoChachkie

Reasonable people will attempt to make the best of the status quo – unreasonable entrepreneurs with the proper dose of Confidence, Courage and Conviction will shape the status quo to facilitate your adVenture’s ultimate success. Entrepreneur Launching Venture Sales Team Building

The Entrepreneur Thesis

Both Sides of the Table

I call it the entrepreneur thesis. I’m not talk about the age old debate amongst investors whether you back entrepreneurs, markets or products (or as people like to hedge – product / market fit). It’s entrepreneurs I back. It’s what I call the “entrepreneur thesis.”

You Can’t Teach People To Be Entrepreneurs, But Entrepreneurs Can Be Taught

InfoChachkie

Despite the fact that I teach entrepreneurship at UC Santa Barbara , I do not believe that entrepreneurs are created in classrooms. Instead of trying to teach students to be an entrepreneur, I expose my entrepreneurial students to tools that will help them solve real-world problems.

Marketing Mistakes Serial Entrepreneurs Only Make Once

InfoChachkie

This approach allows your venture to "fail in the small" and make course corrections before spending significant marketing resources. Many entrepreneurs naively hire a PR firm to launch their nascent products in the hope of leveraging the firm''s industry contacts.

What Makes an Entrepreneur? Four Letters: JFDI

Both Sides of the Table

In case it’s not obvious it’s a play on the Nike slogan, “Just Do It.&# ) I believe that being successful as an entrepreneur requires you to get lots of things done. Good entrepreneurs can admit when their course of action was wrong and learn from it.

A Serial Entrepreneur’s Guide To Uncovering Awesome Startup Ideas

InfoChachkie

Seth is a design-oriented entrepreneur, with little desire to document details. In my UC Santa Barbara Entrepreneurial course, I require the students to submit a venture idea every week. Entrepreneur Video

Ideas 273

Entrepreneurs Should be Respected, Not Loved

Both Sides of the Table

I wrote several of the characteristics when I did the Top 10 (11) Attributes of an Entrepreneur. But stay the course if you believe in your decisions. Tags: Entrepreneur Advice Start-up Advice Startup Advice

Why Aren’t There More Female Entrepreneurs?

Both Sides of the Table

I’m often asked the question about why there aren’t more women who are entrepreneurs. My inspiration to become an entrepreneur came from my mom, not my dad. She was the dominant figure in my family and was both an entrepreneur and a community leader.

Should You Really be a Startup Entrepreneur?

Both Sides of the Table

One of the most common questions that entrepreneurs who meet me for the first time like to ask is, “Do you miss being an entrepreneur? On Being an Entrepreneur. The following is a short excerpt of what I said, “… being an entrepreneur is very unsexy.

What Makes an Entrepreneur? Perspiration (6/11)

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. I started the series talking about what I consider the most important attribute of an entrepreneur : Tenacity.

My Favorite Entrepreneur Story in a Long Time

Both Sides of the Table

It is of course why immigrants power so many successful businesses in the US and why we need to embrace them. How much could the new generation of entrepreneurs learn from that? This article originally appeared on TechCrunch. If you don’t like it hot, use less,” he said.

Why Entrepreneurs Should Be Respected More Than Loved

Both Sides of the Table

You course correct. Marketing of course often feels the opposite. In my experience entrepreneurs too worried about being loved make poor decisions and thus poor leaders. Entrepreneurs should care more about respect. One of the vivid memories I have from being a startup CEO is the feeling that most people in your company have a look in their eyes that like they can do your job as well as you. How hard could it be? You just assign out tasks to all of us.

What Tech Entrepreneurs Could Learn from Chamillionaire

Both Sides of the Table

On why you should be an entrepreneur, “A lot of people do what they have to do. So it was my great pleasure to host Chamillionaire on This Week in VC this week talking marketing, entrepreneurship, old media and, of course, music.

Mark Suster’s Advice To Emerging Entrepreneurs – “Do Not Do, As I Have Done”

InfoChachkie

As part of UC Santa Barbara’s Distinguished Lecture Series, serial entrepreneur and noted venture capitalist Mark Suster recently shared his advice with a large crowd of emerging entrepreneurs. In the last six weeks, I have been pitched by five entrepreneurs under 20.

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. What matters is how effectively you change course after each mishap.

Are You an Entrepreneur?

InfoChachkie

Hint: He was an entrepreneur. The same is true of entrepreneurs. Entrepreneurship is so highly valued in the Western World that some people try to convince themselves that they are an entrepreneur, when in fact they would be better off at a Big Dumb Company (“BDC”). These would-be entrepreneurs are best classified as Wantrepreneurs, as discussed in Entrepreneurial Enterviewing. Most of these instant entrepreneurs were in it for one reason – quick money.

Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

” It’s the most common refrain I hear from investors and even entrepreneurs these days. Of course that’s not disputable. To some extent – of course they are. An abbreviated version of this post appeared yesterday on TechCrunch.

Three Words Entrepreneurs (and VC’s) Should Take to Heart

Both Sides of the Table

Of course the dirty one took the shower.’ For me, after nearly a decade in the trenches of being an entrepreneur I felt I was un-brainwashed from trying to pretend I had all the answers. The more self-assured the VC is and the more impressionable the entrepreneur is the worse the outcome. And I encourage entrepreneurs to triangulate as well. Note: this is a non-religious post. This weekend was Yom Kippur, holiest of the Jewish holidays and the day of atonement.

Entrepreneurs Should Create A Degree – Not Buy One Off The Rack

InfoChachkie

Entrepreneurs create their own jobs, why shouldn’t they also create their own degrees? As described in Should Millennial Entrepreneurs Skip College? most young entrepreneurs benefit greatly from the college experience. Also consider courses that delve into organizational ethics.

Want To Trip Out? This Entrepreneur Can Hook You Up

InfoChachkie

If you could share one startup lesson with a young entrepreneur, what would it be? So I ask prospective new entrepreneurs, ''What is it specifically that you can bring to the industry?'' Kutay: "Of course, it can be argued that authenticity is an unattainable goal in travel.

Why Teenagers Make Great Entrepreneurs

Xconomy

Entrepreneurs and venture capitalists have weighed in from time to time and their answers tend to fall into two camps. High school students also make great entrepreneurs because of their natural open-mindedness and drive to take risks. What is the ideal age to start a company?

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.

What Makes an Entrepreneur? Cojones (7/11)

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.

Startup Steps for the Tech Entrepreneur [ LOS ANGELES ]

Tech.Co

“This FREE course introduces the fundamentals of technology entrepreneurship, pioneered in Silicon Valley and now a large and growing part of the Los Angeles economy. You will learn the process technology entrepreneurs use to start companies. If you’ve got big ideas, this free 7 session course is where you can find the knowledge and strategies to take them to the next level.

The One Word That Shouldn’t Exist in an Entrepreneur’s Vocabulary

Both Sides of the Table

The one word the best entrepreneurs never accept. “Of course I can. ” Jacob, “Of course I can have a piece. I’ve been pitched by hundreds of entrepreneurs who never actually asked me whether I would invest.

It’s Never too Late to Tap Into Your Creativity

Tech.Co

There’s a team of Los Angeles entrepreneurs who would agree with me on that, and they launched their platform Kadenze to help people tap their creativity. More simply put, it’s an online portal to access university level arts and creative courses. There are also a three tiers of membership to suit specific student needs: Free: Enroll in any available course, watch video lectures, participate in forums. I don’t like when people say: “I’m just not creative”.

Course 111

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

InfoChachkie

Greathouse: Your collective experiences have clearly made bootstrapping a viable option for you, more so than might be the case for a typical, younger entrepreneur who needs more direction, doesn’t have cash discipline, etc. How do early-stage entrepreneurs go about doing it?