Berkonomics

JUNE 18, 2015

There are five basic kinds of internal risks than a business faces over time. Of course, there are external risks that cannot be controlled or predicted, but can be planned for as well –. If you could predict a crisis within your business before its occurrence, wouldn’t you move to prevent or reduce its impact?

Competition 120

Competition Marketing Class Product 120

Startup Professionals Musings

DECEMBER 16, 2012

I believe you can be much more productive, as well as a more effective leader, if you approach most meetings as mentoring opportunities, and limit them to five minutes. With the five-minute mentoring approach, the mentee asks for your support in their decision, or asks for your insight on the considerations for them making a future decision.

Mentor 91

Mentor Product High Tech Coach 91

Berkonomics

FEBRUARY 3, 2022

First, the implied promise: Taking money from professional investors such as angels or VCs usually requires that you agree to seek an exit for those investors in your plan, often targeting five to seven years as the ideal period for growth before a liquidity event. What if you later decide to just keep control?

Equity 156

Equity Course Sales Invest 156

Startup Professionals Musings

JUNE 30, 2019

According to my experience and a this Motley Fool article, the challenge is very real, with around half of all new businesses no longer existing after five years. Of course, we all realize that this approach will take longer, and could jeopardize both roles if not managed effectively. Set expectations accordingly.

Startup 87

Startup Technical Review Equity Incubator 87

Berkonomics

OCTOBER 12, 2017

Cohen goes on to point to twenty five non-cash items that the CEO could have used to narrow and eliminate the gap, many of them untaxed perks worth more than face value because of the employee’s tax savings. Email readers, continue here…] One of the items on Cohen’s list of twenty-five was stock options.

Guide 243

Guide Education Course Email 243

Berkonomics

JUNE 30, 2022

As a leader, you set the goals, establish the strategies and tactics to get there (with help from others of course) and sell the dream to all your stakeholders. To be fair, he followed a bit later with a goal of thirty million dollars in revenue within five years, which got my attention. Can unmanaged growth ever happen?

Education 156

Education Metrics Course Resource 156

Berkonomics

JANUARY 20, 2022

The problem, of course, comes if the business fails. A well–phrased ‘no’ could well be a step toward a correction of course and a later ‘yes.’. Also, if things go south, they are more likely to remember that you weren’t pushy and that you gave them three or more separate opportunities to say no.

Startup 317

Startup Entrepreneur Invest Course 317

Startup Professionals Musings

JULY 12, 2011

I believe you can be much more productive, as well as a more effective leader, if you approach most meetings as mentoring opportunities, and limit them to five minutes. With the five-minute mentoring approach, the mentee asks for your support in their decision, or asks for your insight on the considerations for them making a future decision.

Mentor 95

Mentor High Tech Coach Guide 95

Berkonomics

DECEMBER 28, 2023

Everything has changed of course. Five-year leases that seemed a bargain before COVID are most often albatrosses today. With audio and video conferencing and all the tools for communication and collaboration available today, each of these four new employees felt empowered, connected and enthused to work from home for the first time.

Startup 156

Startup Class Course Email 156

Startup Professionals Musings

JUNE 17, 2023

Tommy Spaulding, in his classic book, “ It’s Not Just Who You Know ,” categorizes relationships into five levels, like floors of a building, and identifies the attributes of relationships at the different levels. He also defines the five floors of relationships as follows: Meet and greet relationships (first floor).

Startup 127

Startup Guide Networking Help 127

Berkonomics

AUGUST 2, 2018

The five major niches. There are five major classes or niches a company should examine and make its own in calculating positioning in the marketplace. Where do you this you can excel within these five positioning alternatives? So, here comes the lesson and your challenge…. They are: Price. Innovation.

Pricing 226

Pricing Competition Examples Class 226

Berkonomics

MAY 25, 2023

Of course, you have a vision for what you will do to change the world. Be the largest supplier of laser toner in North America”, or “Make dining into a five-star experience.” I love absolute statements. Pardon my English. But this is one of my favorite statements. You’re at the ignition stage of your newest business venture.

Entrepreneur 156

Entrepreneur Course Resource Email 156

Berkonomics

JUNE 16, 2022

I prefer a financial goal, such as “achieve $20 million in revenue within five years.” With that in hand, short-term or long term, you should then be able to plot a course of strategies and tactics for you, each of your direct reports, and the entity as a whole to focus resources upon and to progress through the steps to achieve that goal.

Resource 156

Resource Satisfaction Metrics Course 156

Startup Professionals Musings

DECEMBER 29, 2019

I have found it to be more productive and effective to lead with the model that no meetings will take an hour, and may be done in as little as five minutes. Of course, this requires some discipline and focus on your part, as well as the willingness to trust team members and allow them to do their jobs. Marty Zwilling.

Mentor 124

Mentor Technical Review Coach Slides 124

InfoChachkie

FEBRUARY 14, 2011

He is a member of the University of California at Santa Barbara’s Faculty where he teaches several entrepreneurial courses. _. John is a CPA and holds an M.B.A. from the Wharton School. Copyright © 2007-11 by J. Meredith Publishing. All rights reserved.

Startup 206

Startup Journal Writing Blogging 206

Startup Professionals Musings

MARCH 18, 2016

If you have a proven business model with some sales, it’s credible to apply a multiplier of five to 10 times this number for the first element of valuation. First priority is real revenue, customers and contracts. Thus, $100,000 of gross revenue in the last 12 months might be extrapolated to $500,000 to $1 million in valuation.

Startup 71

Startup Patents Invest Blogging 71

Startup Professionals Musings

JUNE 10, 2010

I believe you can be much more productive, as well as a more effective leader, if you approach most meetings as mentoring opportunities, and limit them to five minutes. Use five-minute mentoring as one tool and stick to it with unwavering zeal. It better be a critical one, because you have a hundred others waiting.

Mentor 88

Mentor High Tech Coach Guide 88

Berkonomics

NOVEMBER 24, 2022

So, when do we know which course to take? And if that new strategy is proved to be true, the five-hundred-pound gorilla in that niche just moved out of the way of many of its smaller competitors, leaving a market that will surely see a scramble for new competition in the near future. At least that is the conventional wisdom.

Resource 156

Resource Competition Examples Customer 156

TechCrunch LA

JANUARY 13, 2020

Air Force and, of course, SpaceX. . And to top off the show, TechCrunch will also feature a space startup pitch-off featuring five early-stage founders chosen by the editors from a large application pool. If you are interested in bringing a group of five or more from your company, you’ll get an automatic 20% discount.

SpaceX 150

SpaceX Los Angeles Tips Pricing 150

Berkonomics

OCTOBER 5, 2023

Although young companies rarely measure profitability this repeatedly, more mature companies usually can bring from five to ten percent of revenues to the bottom line in the form of net profit. How about young or pre-revenue companies? It did not take long for the partner to become impatient with the relatively small size of the opportunity.

Venture Capital 296

Venture Capital Product Marketing Resource 296

Startup Professionals Musings

OCTOBER 13, 2023

I recommend the “ five whys ” approach, where you ask someone why five times, making sure on each step, your next why question directly addresses the previous response, until you get to the root cause. Wisdom is all about the why of any business situation. Build perspective by confirming context.

Case Study 112

Case Study Study Startup Examples 112

Startup Professionals Musings

SEPTEMBER 23, 2022

She concludes from her work with many modern business leaders, including CEOs Bud Frankel (Frankel & Company) and Glen Tullman (7wire Ventures), that there are five pivotal decisions that propel certain entrepreneurs to be gifted leaders: The launching decision. Aggressively takes smart risks. Marty Zwilling.

Startup 141

Startup Ideas Entrepreneur Framework 141

Startup Professionals Musings

APRIL 14, 2023

Either could improve the statistic that half of startups fail within the first five years. Of course, they may be out of money as well, but that is often more of an “excuse” than a reason. Perhaps it's time to reset your course to focus on business basics, so you can lighten your load. So why do most startups fail?

Startup 135

Startup Entrepreneur Statistics Course 135

Startup Professionals Musings

APRIL 18, 2011

He and I recommend that product ideas be assessed against the following five key qualities: Depth. Of course, great startup solutions need great teams to implement them. A deep product or service has a robust set of features. As you create your solutions, ask yourself if they are deep, intelligent, complete, empowering and elegant.

Ideas 91

Ideas Summary Examples Entrepreneur 91

Startup Professionals Musings

SEPTEMBER 20, 2020

Tommy Spaulding, in his classic book, “ It’s Not Just Who You Know ,” categorizes relationships into five levels, like floors of a building, and identifies the attributes of relationships at the different levels. He also defines the five floors of relationships as follows: Meet and greet relationships (first floor).

Startup 150

Startup Guide Help Course 150

Startup Professionals Musings

MARCH 15, 2011

Formal training courses. Daily attendance is mandatory in order for the business to succeed and be profitable, and the so-called freedom is hard to find. Vacations and time-off don’t happen for years. Entrepreneurs find themselves all alone in the trenches, without the time, money, or incentives to do these things.

Entrepreneur 94

Entrepreneur Startup Training Course 94

Startup Professionals Musings

JULY 1, 2010

Of course, there are caveats to every opportunity. Of course, you can choose to play it safe with more incremental, modest innovations, There’s nothing wrong with modesty. I’m looking for things like the next Internet, cold fusion, or a technology to cure cancer. That’s the great thing about being an entrepreneur.

Startup 82

Startup Outsource Development Outsource Course 82

Berkonomics

JULY 16, 2020

Email readers, continue here… ] The banks want to maintain their venture relationships and of course, want to use the existing company cash in their bank as collateral for – you guessed it – their loans to the company. A five-day float increases the actual interest rate by up to an additional 2% over the stated rate.

Company 156

Company Companies .Net Equity 156

Startup Professionals Musings

SEPTEMBER 4, 2023

Measure and measure again, and be quick to course correct. According to the authors, a good culture survey will show you the relative strength of the five desired cultures in the organization: the “can do” culture; the “will do culture; the “must do” culture; and the “team performance” culture.

Organization 108

Organization Startup Satisfaction Customer 108

Startup Professionals Musings

JUNE 28, 2021

Of course, both are impressive, but still small compared to over $300 billion from VC investments annually. Thus every serious investor reserves a certain amount of his investment capital for follow-on rounds, which allows them to stay to course to success, even with dilution. They will need more money.

Funding 144

Funding Startup .Net Invest 144

Startup Professionals Musings

MAY 27, 2023

As a result of this incident and many others, he defined five key engagement principles which resonate with me as just as relevant for new business founders as mature business executives. Keeping it simple is the best course. He found the dysfunctional engagement that sent snow blowers to his store in Miami every year.

Customer 140

Customer Custom Social Media Metrics 140

Startup Professionals Musings

MARCH 31, 2021

I agree with his outline of five critical areas: Improving vision. Of course, even the best question is moot if you don’t listen to the answer. They need to ask the right questions in the right contexts to stay ahead of the game, and to empower coworkers to find solutions, embrace responsibility, and become accountable.

Organization 174

Organization Ideas Course Entrepreneur 174

Berkonomics

APRIL 6, 2017

Of course, you have a vision for what you will do to change the world. Be the largest supplier of laser toner in North America”, or “Make dining into a five-star experience.”. I love absolute statements. And this is one of my favorites. You’re at the ignition stage of your newest business venture.

Entrepreneur 256

Entrepreneur Course Resource Email 256

Startup Professionals Musings

JANUARY 16, 2022

Of course, growth is implied in that equation, and is also required for maintaining a sustainable competitive advantage. MySpace, for example, boomed after launch for five years without a revenue model. Of course, growth is implied in every focus, and profit enables growth. MySpace wasn’t ready for this, and it soon faded.

Platform 118

Platform Snapchat Startup Course 118

Startup Professionals Musings

NOVEMBER 3, 2010

Of course, you need to listen for biases, but local angel group leaders can quickly tell you who the bad angels and good angels are, and what kind of terms they typically demand. Here are some techniques for making the assessment: Talk to other investors. Network with other entrepreneurs.

Offshore 89

Offshore Entrepreneur Invest Social Network 89

Startup Professionals Musings

JULY 10, 2023

That’s right: In five minutes, people decide if they are interested in you, just as in bars and nightclubs. Of course, there is much more, but I think you get the idea. Startup folks are like medieval monasteries: always convinced that paradise is just ahead or that things only recently got worse. The reality of raising money.

Entrepreneur 99

Entrepreneur Startup Sample Guide 99

Startup Professionals Musings

MARCH 27, 2023

Of course a profitable model isn’t required if you intend to rely totally on donations, or have deep pockets to fund your socially conscious efforts yourself. Both of these are purpose-driven businesses that boast high growth, high loyalty, and very low employee turnover. You can find dozens more on the Conscious Capitalism web site.

Startup 92

Startup Capital Guide Entrepreneur 92