Berkonomics

AUGUST 31, 2023

Well, here is one of those, and it deals with market research first and foremost. The phone could be used for receiving incoming calls when in the restaurant, on the golf course or anywhere. Market research matters? Surprisingly, many entrepreneurs immediately respond. So, I lost lots of money for lack of market research.

Competition 156

Competition Research Summary Pricing 156

Startup Professionals Musings

MAY 29, 2021

These resources are definitely not limited to students, since every university seeks out and needs the real world exposure and experience of entrepreneurs who already are active in the real world marketplace. Product research and prototype development. Business plan assistance. Early-stage funding.

Incubator 172

Incubator Mentor Class Resource 172

Startup Professionals Musings

SEPTEMBER 7, 2019

An entrepreneur is literally “one who creates a new business.” In researching this question, I reviewed a classic book by Bryan Mattimore, “ Idea Stormers: How to Lead and Inspire Creative Breakthroughs ,” which details eight attributes of the most creative people, which seem to match the mindsets of some of the best entrepreneurs I know.

Entrepreneur 91

Entrepreneur Ideas Course Social Media 91

InfoChachkie

AUGUST 26, 2013

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. Rely On A Public Relations Agency. Prove The Hypothesis.

Marketing 247

Marketing Entrepreneur Journal Media 247

Startup Professionals Musings

NOVEMBER 19, 2013

I still get business plans, looking for an investor, that say all too clearly that the primary “use of funds” will be to do research and development (R&D) on some promising new technology, like superconductivity or cancer cures. This stage is the transition to pilot-scale research on the technology. Technology development.

Research 97

Research Develop Development Funding 97

Startup Professionals Musings

JUNE 10, 2022

An entrepreneur is literally “one who creates a new business.” In researching this question, I reviewed a classic book by Bryan Mattimore, “ Idea Stormers: How to Lead and Inspire Creative Breakthroughs ,” which details eight attributes of the most creative people, which seem to match the mindsets of some of the best entrepreneurs I know.

Startup 141

Startup Ideas Entrepreneur Course 141

Startup Professionals Musings

JANUARY 21, 2013

Many believe that entrepreneurs are born, not made. While I agree that successful company builders usually have a natural inclination to be entrepreneurs, a good education helps polish that apple. Of course, there's no law saying you have to go to college to start a business. Supplement course work with practical experience.

Entrepreneur 105

Entrepreneur Startup Course Education 105

InfoChachkie

MARCH 2, 2015

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. My courses are rigorous and demanding.

Entrepreneur 100

Entrepreneur Class Course Case Study 100

Startup Professionals Musings

FEBRUARY 11, 2015

An entrepreneur is literally “one who creates a new business.” In researching this question, I found a book by Bryan Mattimore, “ Idea Stormers: How to Lead and Inspire Creative Breakthroughs ,” which outlines well eight attributes of the most creative people, which seem to match the mind-sets of some of the best entrepreneurs I know.

Entrepreneur 113

Entrepreneur Ideas Course Social Media 113

Startup Professionals Musings

OCTOBER 15, 2016

Litan, former VP of research at the Kauffman Foundation, that these are exceptions to the rule, rather than a model to emulate. Some people even believe that entrepreneurs must be born with the right genes, and no element of education is relevant. Practical business courses are better than an advanced degree or MBA.

Entrepreneur 98

Entrepreneur Tips Writing Coach 98

Startup Professionals Musings

FEBRUARY 10, 2023

Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors. Reverse due diligence on the investor is a comparable process whereby the entrepreneur seeks to validate the track record, operating style, and motivation of every potential partner.

Technical Review 138

Technical Review Startup Innocal Offshore 138

Startup Professionals Musings

DECEMBER 25, 2019

Despite the rush in every academic institution to offer more courses on entrepreneurship, I still haven’t found it to be something you can learn in school. Of course, you can pick up the basic principles this way, but the problem is that the practical rules for success are changing so fast that no academic can keep up.

Tips 122

Tips Startup Case Study Course 122

Startup Professionals Musings

JANUARY 21, 2017

Until the recession a few years ago, market research indicated that as many as 90 percent of the roughly 20 million American small business owners were motivated more by lifestyle than growth and money. Being called a lifestyle entrepreneur should be a point of pride, not an insult. It seems that more people are focused on money today.

Entrepreneur 69

Entrepreneur Startup Equity Course 69

Startup Professionals Musings

DECEMBER 6, 2011

Many believe that entrepreneurs are born, not made. While I agree that successful company builders usually have a natural inclination to be entrepreneurs, a good education helps polish that apple. Of course, there's no law saying you have to go to college to start a business. Supplement course work with practical experience.

Entrepreneur 105

Entrepreneur Startup Course Education 105

Startup Professionals Musings

MARCH 4, 2023

This point was highlighted well in the classic book, “ Disrupting Digital Business ,” by R “Ray” Wang, CEO and Principal Analyst of Silicon Valley-based Constellation Research. Of course, it can also be a negative force multiplier, if you are not paying attention as an entrepreneur, or choose to challenge your customer’s view of reality.

Social Media 106

Social Media Software Review Course Networking 106

Startup Professionals Musings

APRIL 10, 2022

Most of the entrepreneurs I have met are smart, but many are not always wise. Of course, experience is the ultimate teacher of the differences between smart and wise. Wise entrepreneurs are sensitive to the context they operate in and fine-tune their actions accordingly, while continuing to serve their higher purpose.

Entrepreneur 117

Entrepreneur Startup Ideas Course 117

Startup Professionals Musings

OCTOBER 5, 2012

I still get business plans, looking for an investor, that say all too clearly that the primary “use of funds” will be to do research and development (R&D) on some promising new technology, like superconductivity or cancer cures. This stage is the transition to pilot-scale research on the technology. Technology development.

Research 89

Research Funding Venture Capital Angel 89

Startup Professionals Musings

APRIL 22, 2017

I know entrepreneurs who have suffered from premature execution often associated with the ready-fire-aim quick-to-market approach. Some entrepreneurs don’t believe in the “minimum viable product (MVP)” approach, and they keep thinking they need to get the vision absolutely perfect before launching it. ready-aim-aim-aim-aim-aim.).

Marketing 54

Marketing Research Technical Review Entrepreneur 54

Startup Professionals Musings

AUGUST 26, 2012

These resources are definitely not limited to students, since every university seeks out and needs the real world exposure and experience of entrepreneurs who already are active in the real world marketplace. Product research and prototype development. Business plan assistance. Early-stage funding.

Entrepreneur 92

Entrepreneur Incubator Mentor Research 92

Berkonomics

JULY 6, 2017

Well, here is one of those, and it deals with market research first and foremost. In 1994, (I know a long time ago), I invested over a million dollars into a company whose entrepreneurs had a vision that I bought into for many reasons, not the least of which was that I had industry experience and understood the need.

Competition 266

Competition Research Summary Pricing 266

Startup Professionals Musings

OCTOBER 25, 2021

Contrary to what you might guess, the highest rate of small business and entrepreneurial growth over the last few years is not Gen-Y upstarts, but Boomers over the age of 50, now called encore entrepreneurs. One new incentive is the falling transaction costs and barriers to entry for entrepreneurs of every age. In the U.S.,

Technical Review 126

Technical Review Technical Support Entrepreneur Startup 126

Startup Professionals Musings

JULY 14, 2014

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Of course, we all realize that this approach will take longer, and could jeopardize both roles if not managed effectively. Marty Zwilling.

Entrepreneur 113

Entrepreneur Funding Startup Technical Review 113

InfoChachkie

JANUARY 18, 2012

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. free weekly Infochachkie articles! The youngest was 15.

Entrepreneur 272

Entrepreneur Startup Conference Santa Barbara 272

Startup Professionals Musings

DECEMBER 21, 2016

Contrary to what you might guess, the highest rate of entrepreneurial growth over the last few years is not Gen-Y upstarts, but Boomers over the age of 50, now called encore entrepreneurs. With longer life expectancies and greater health in later life, older generations are moving to start new firms -- and mentor young entrepreneurs.

Entrepreneur 75

Entrepreneur Technical Review Startup Technical Support 75

Startup Professionals Musings

MAY 2, 2021

Of course, we would all like to have a magic list based on more definitive tracking of many real startups over time. To determine what factors made a difference, the researchers compared the 27 companies using numerous variables. Effective entrepreneurs are always open to learning, no matter what their prior experience.

Startup 170

Startup Study Journal Sample 170

Startup Professionals Musings

APRIL 28, 2023

Entrepreneurs seem to have blinders on when looking at competitors. Strategic partnerships in this context can take the form of joint ventures, intellectual property licensing, outsourcing agreements, or even cooperative research. Let market response dictate a later split, merger, or acquisition. Willing to learn from each other.

Startup 105

Startup Outsource Competition Entrepreneur 105

Startup Professionals Musings

MAY 15, 2021

The most successful entrepreneurs and executives I have seen are savvy business people first, and experts in their field second. It still amazes me how many entrepreneurs can fathom the physics of gyroscopes, but fail to comprehend the big picture requirements for positive cash flow and profit. Understand the business, then add value.

Mentor 139

Mentor Entrepreneur Ideas Networking 139

Startup Professionals Musings

JULY 20, 2010

I still get business plans, looking for an investor, that say all too clearly that the first goal of the new business is to do research and development (R&D) on some promising new technology, like superconductivity or cancer research. This stage is the transition to pilot-scale research on the technology. Marty Zwilling.

Research 82

Research Activity Funding Technology 82

Startup Professionals Musings

SEPTEMBER 8, 2013

These indicate that the correct icon for an entrepreneur may now have gray hair, rather than the warm glow of youth: The percent of entrepreneurs who are Baby Boomer starting a business since 1996 has grown from 14.3 One new incentive is the falling transaction costs and barriers to entry for entrepreneurs of every age.

Entrepreneur 118

Entrepreneur Technical Review Startup Technical Support 118

Startup Professionals Musings

JULY 19, 2014

His research indicates that they don’t have any old-fashioned customer loyalty, and they want precisely what appeals to them at the moment, preferably customized just for them. As an entrepreneur and startup, you should love this environment and cater to it. buying moments customer entrepreneur Robert H. Marty Zwilling.

Customer 98

Customer Custom Entrepreneur Startup 98

Startup Professionals Musings

JANUARY 7, 2015

Almost every entrepreneur needs to improve their skills in this area, so I did some research on the basics. Of course the work must be done well, but your way or the highway is not the right way. Finally, every entrepreneur needs to set aside their fear of delegating. business delegation entrepreneur Jan Yager startup'

Entrepreneur 100

Entrepreneur Startup SEO Social Media 100

Startup Professionals Musings

JULY 8, 2015

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Of course, we all realize that this approach will take longer, and could jeopardize both roles if not managed effectively.

Entrepreneur 105

Entrepreneur Startup Technical Review Equity 105

Startup Professionals Musings

OCTOBER 30, 2022

His research indicates that they don’t have any old-fashioned customer loyalty, and they want precisely what appeals to them at the moment, preferably customized just for them. As an entrepreneur and startup, you should love this environment and cater to it. Capitalize on the multiplier moment.

Customer 146

Customer Custom Startup Course 146

Startup Professionals Musings

SEPTEMBER 13, 2022

According to a well-researched Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs. Are you ready to start?

Startup 136

Startup Technical Review Equity Incubator 136

Startup Professionals Musings

SEPTEMBER 10, 2012

Until the recent recession, market research indicated that as many as 90 percent of the roughly 20 million American small business owners were motivated more by lifestyle than growth and money. Being called a lifestyle entrepreneur should be a point of pride, not an insult. It seems that everyone wants to make a quick buck these days.

Entrepreneur 96

Entrepreneur Startup Equity Course 96

Startup Professionals Musings

SEPTEMBER 25, 2021

In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. Of course it helps to have innovative technologies before you start building a business. Marty Zwilling.

Technical Review 156

Technical Review Funding Patents Ideas 156

Both Sides of the Table

MAY 6, 2018

The best entrepreneurs in our industry focus on it year-round as opposed to just once every 18 months. But if there is nothing wrong with you then please don’t let early rejections alter your course. Of course you need to have answers to all of the hard questions that you know you can anticipate about your business?—?just

Funding 236

Funding Venture Capital Startup Entrepreneur 236