InfoChachkie

JANUARY 3, 2012

In this 8-minute video excerpt from his recent talk, Seth describes the practical, hands-on methodology that he uses on a day-to-day basis to identify and vet his entrepreneurial ideas. As I note in Spilling The Beans , the basic ideas upon which startups are founded are worth nothing. " Ten Step Idea Evaluation Worksheet.

Ideas 266

Ideas Guide Startup Santa Barbara 266

Startup Professionals Musings

FEBRUARY 23, 2015

I’m sure that every one of us who has been out in the business world for a few years can look back with perfect hindsight and name a few college courses that we should have taken. But on the business side, here is my list of useful courses that we wish existed, but as far as I know, still aren’t generally available: Basic Office Politics.

Course 104

Course Email Social Network Ideas 104

Startup Professionals Musings

SEPTEMBER 24, 2018

In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. But how does any entrepreneur know which ideas to implement, and which ones are best left behind? Separate nice-to-have ideas from ones solving painful problems.

Ideas 83

Ideas Technical Review Patents Startup 83

Startup Professionals Musings

SEPTEMBER 27, 2014

In my experience, consummate entrepreneurs tend come up with more startup ideas than they can ever implement, and some of the ideas may not even make business sense. But how does any entrepreneur know which ideas to implement, and which ones are best left behind? Separate nice-to-have ideas from ones solving painful problems.

Ideas 106

Ideas Entrepreneur Technical Review Patents 106

Startup Professionals Musings

SEPTEMBER 9, 2012

I’m sure that every one of us who has been out in the business world for a few years can look back with perfect hindsight and name a few college courses that we should have taken. But on the business side, here is my list of useful courses that we wish existed, but as far as I know, still aren’t generally available: Basic Office Politics.

Course 97

Course Writing Slides Email 97

Startup Professionals Musings

MAY 20, 2013

Successful startups are all about turning ideas into action quickly and efficiently. These actions must be the hard part, since entrepreneurs always seem to come to me with ideas, and ask me for help on the actions. Your great ideas deserve more than mediocre actions. Start now to turn your innovative ideas into action.

Ideas 110

Ideas Organization Entrepreneur Customer 110

Startup Professionals Musings

JUNE 13, 2022

I’m sure that every one of us who has been out in the business world for a few years can look back with perfect hindsight and name a few college courses that we should have taken. But on the business side, here is my list of useful courses that we wish existed, but as far as I know, still aren’t generally available: Basic Office Politics.

Class 140

Class Course Email Social Network 140

Startup Professionals Musings

APRIL 28, 2017

Based on my own experience as a startup investor, and feedback from like-minded friends, we all get pitches for at least ten startup ideas for every one new business plan. New business founders need to remember that investors fund business implementations, not ideas. Show evidence that your solution will create a viable business.

Ideas 74

Ideas Social Media Startup Custom 74

Startup Professionals Musings

SEPTEMBER 26, 2022

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.

Startup 142

Startup Case Study Course Entrepreneur 142

Startup Professionals Musings

AUGUST 23, 2015

These days, everyone wants to be an entrepreneur, pitching their latest and greatest new idea, and looking for someone to give them money. Talk is cheap, but entrepreneurs who show you a working model of their idea know how to execute. Many ideas I hear sound great, but I have no idea if they can be implemented.

Ideas 107

Ideas Outsource Development Startup Tool 107

Berkonomics

JANUARY 20, 2022

The problem, of course, comes if the business fails. even if your hair is on fire and the idea is worth billions. Even if we don’t seem to get your brilliant idea and buy into its value, we may be comparing it to previous lost investments or industry experiences far beyond yours. Every contact should be a learning experience.

Startup 317

Startup Entrepreneur Invest Course 317

Startup Professionals Musings

JANUARY 16, 2013

When someone introduces me to an “idea person,” I automatically jump to the down-side conclusion that this person doesn’t do follow-up. Of course there are people who are great at getting things done, but haven’t had an original idea in their life. So which is the most important, the idea or the follow-up?

Ideas 110

Ideas Entrepreneur Startup Technical Review 110

InfoChachkie

SEPTEMBER 22, 2009

Such ideas require little-to-no capital, usually last for a relatively short duration and are of nominal size. Note that I am not purporting that these are particularly amazing or unique ideas. Investors invest in people, not ideas. If you just ask yourself, “then why bother?” – read on friend, read on. From Small to Tall.

Ideas 153

Ideas Startup Pricing Entrepreneur 153

Berkonomics

MAY 11, 2023

And here is the conclusion: It is the management team, most often led by a passionate entrepreneur with experience in the industry, which makes the biggest difference between success and failure, even for businesses built upon less than sterling basic ideas. Of course, you could be the exception.

Statistics 156

Statistics Startup Ideas Entrepreneur 156

Startup Professionals Musings

AUGUST 11, 2021

Most of you aspiring entrepreneurs probably have long searched for that special idea that will catapult you and your startup to success. Yet, my experience as a business advisor and investor has convinced me that the magic is not the idea, but you and the execution. Every investor I know hears the same ones over and over again.

Entrepreneur 171

Entrepreneur Ideas Examples Satisfaction 171

Startup Professionals Musings

OCTOBER 1, 2022

Every entrepreneur I know is dismayed by the number of friends who approach them with a line such as “I have an even better idea that will change the world, and one of these days I’m going to get around to starting my own business.” There must be something deeper that slows people down. Equally irrational fear of dealing with success.

Entrepreneur 153

Entrepreneur Startup Ideas Knowledge Base 153

Both Sides of the Table

SEPTEMBER 10, 2021

We have global opportunities from these trends but of course also big challenges. Of course we can’t. However, to be a great VC you have to hold two conflicting ideas in your head at the same time. They might be ideas they hatch internally (via a Foundry) or a founder who just left SpaceX and raises money to search for an idea.

Venture Capital 471

Venture Capital Writing Invest Pricing 471

Startup Professionals Musings

FEBRUARY 22, 2012

I’m sure you all realize that there could be quite a distance between a great idea and a great startup. So, trying carefully not to rain on his parade, I suggested to my friend that he complete the following analysis as due diligence on the idea before spending his life savings (and others) to roll out a solution: Competitors are few.

Ideas 97

Ideas Patents Startup Google 97

Startup Professionals Musings

FEBRUARY 10, 2018

These days, everyone wants to be an entrepreneur, pitching their latest and greatest new idea, and looking for someone to give them money. Talk is cheap, but entrepreneurs who show you a working model of their idea know how to execute. Many ideas I hear sound great, but I have no idea if they can be implemented.

Ideas 53

Ideas Outsource Development Tool Outsource 53

Startup Professionals Musings

MAY 7, 2010

I’m sure that every one of us who has been out in the business world for a few years can look back with perfect hindsight and name a few college courses that we should have taken. But on the business side, here is my list of useful courses that we wish existed, but as far as I know, still aren’t generally available: Basic Office Politics.

Course 53

Course Writing Ideas Class 53

Startup Professionals Musings

MARCH 21, 2021

When someone introduces me to an “idea person,” I automatically jump to the down-side conclusion that this person doesn’t do follow-up. Of course there are people who are great at getting things done, but haven’t had an original idea in their life. So which is the most important, the idea or the follow-up?

Activity 133

Activity Startup Ideas Technical Review 133

Startup Professionals Musings

SEPTEMBER 23, 2022

Most aspiring entrepreneurs are convinced that the strength of their initial idea somehow defines them as a leader, as well as the success potential of their derivative business. It takes leadership ability, as well as a good idea, to make a successful entrepreneur, and great leaders evolve from key leadership decisions along the way.

Startup 141

Startup Ideas Entrepreneur Framework 141

Startup Professionals Musings

JANUARY 14, 2011

I’m sure you all realize that there could be quite a distance between a great idea and a great startup. So, trying carefully not to rain on his parade, I suggested to my friend that he complete the following analysis as due diligence on the idea before spending his life savings (and others) to roll out a solution: Competitors are few.

Ideas 94

Ideas Patents Startup Google 94

Startup Professionals Musings

OCTOBER 31, 2021

I’m sure we have all seen entrepreneurs with high levels of passion and confidence touting an idea that seems to make very little sense to us. This refers to our mind’s tendency to give excessive weight to the first information we receive about a topic or the first idea we think of. Investing more into a bad idea doesn’t make it good.

Startup 149

Startup Ideas Entrepreneur Press 149

Startup Professionals Musings

MAY 8, 2023

As I work with aspiring entrepreneurs and business professionals, I often hear about stress and disappointment from a great idea or innovation that failed for reasons that you don’t understand. I will summarize her recommendations here, as well as adding my own insights: Pick a problem to solve rather than an idea.

Technical Review 120

Technical Review Ideas Study Social Media 120

Startup Professionals Musings

DECEMBER 15, 2010

When someone introduces me to an “idea person,” I automatically jump to the down-side conclusion that this person doesn’t do follow-up. Of course there are people who are great at getting things done, but haven’t had an original idea in their life. So which is the most important, the idea or the follow-up?

Ideas 95

Ideas Entrepreneur Startup Technical Review 95

Berkonomics

FEBRUARY 15, 2024

Of course, the response depends upon lots of variables, including whether the company is in a fund-raising mode (in which case the CEO may be spending up to 80% of their time on this alone). What if?” “How about…” “When should we…” “How could we…” You get the idea. That last 10% is most important and often overlooked.

Class 194

Class Organization Technical Review Activity 194

Startup Professionals Musings

SEPTEMBER 24, 2010

Successful startups are all about turning ideas into action. These actions must be the hard part, since entrepreneurs always seem to come to me with ideas, and ask me for help on the actions. That has always seemed strange to me, since the magic is supposed to be in the ideas, and the actions are the same for every business.

Ideas 91

Ideas Tips Organization Entrepreneur 91

Startup Professionals Musings

MAY 1, 2023

Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The value in a startup is all about tangible results, so I see no equity value in the idea alone. Your idea is not intellectual property yet, so it has no inherent value. Major equity in a startup that goes nowhere is not my idea of fun.

Equity 99

Equity Patents Startup CTO Hire 99

Startup Professionals Musings

MAY 29, 2021

Here is a short list of the areas where you should be able to find help, whether you are a student or an independent entrepreneur: Exploring hot ideas. Every university has entrepreneurial courses or evening classes that can provide assistance on creating your initial plan. Business plan assistance.

Incubator 172

Incubator Mentor Class Resource 172

Startup Professionals Musings

DECEMBER 4, 2022

As a startup advisor and investor, I’ve met many aspiring entrepreneurs, and I often get asked the question, “I have a great idea for a startup – do you agree that it real potential?” Of course, you do need to consider how often that strategy has worked for you, and how often it backfired. Not afraid to actively listen as well as talk.

Entrepreneur 121

Entrepreneur Startup Ideas Sample 121

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 Course Case Study 122

Both Sides of the Table

SEPTEMBER 26, 2013

His ideas to date hadn’t totally resonated and of course ideas matter, too. He had ideas. Within a few weeks he was an EIR in our offices in LA working on the idea. Of course there is competition! Of course a show gave them an award! It’s a f **g brilliant idea! So I was doing my job.

UCSD 340

UCSD Startup Ideas Course 340

Startup Professionals Musings

APRIL 5, 2021

Attach to the market, not your idea. Establish an ongoing process for translating ideas into actions and results, followed by evaluation. Passionate commitment to an idea can breed reality distortion. Of course, passion is what real entrepreneurs live for, and they sometimes assume it can take them anywhere they want to go.

Entrepreneur 145

Entrepreneur Ideas Course .Net 145

Startup Professionals Musings

APRIL 14, 2023

Of course, they may be out of money as well, but that is often more of an “excuse” than a reason. My suggestion is to morph the current business idea back into one than you can love and enjoy rather than your quitting and accepting an employee role that's not your preference. “My My idea is just too far ahead of its time.”

Startup 135

Startup Entrepreneur Statistics Course 135

Startup Professionals Musings

JULY 5, 2023

Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). Let’s take a look here some similar stages from a support perspective: Idea stage. The first step toward a business with any idea is to write it down, and build a business plan around it.

Startup 122

Startup Funding Organization Incubator 122

Startup Professionals Musings

OCTOBER 17, 2020

Here are some key drivers that will likely lead you to a fundable idea: A business crisis. 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. That’s the great thing about being an entrepreneur.

Customer 167

Customer Custom Startup Outsource Development 167