Startup Professionals Musings

FEBRUARY 24, 2020

One of the most stressful and unanticipated challenges that comes with starting a new business is hiring and managing employees. I just finished a new book for entrepreneurs, “ Secrets to a Successful Startup ,” by Trevor Blake, which makes the same points, based on his own real-life experience with three successful startups.

Outsource 123

Outsource Startup Technical Review Training 123

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).

Class 194

Class Organization Technical Review Activity 194

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

TechCrunch LA

JANUARY 11, 2021

As the vaccination campaign to counter COVID-19 gets underway (albeit with a rocky start), a number of companies are attempting to support its rollout in a variety of ways. times more likely to show up for their next follow-up appointment versus patients who received follow-up information and appointment notices via traditional methods.

Technical Review 201

Technical Review Software Review Startup Los Angeles 201

TechCrunch LA

MARCH 31, 2021

The sweeping infrastructure package put forward today by President Joe Biden comes with a price tag of roughly $2 trillion (and hefty tax hikes) but gives startups and the broader tech industry about $1 trillion worth of reasons to support it. ” Climate resiliency . Given the steady drumbeat of climate disasters that hit the U.S.

Startup 229

Startup Technical Review Invest Research 229

Startup Professionals Musings

APRIL 4, 2022

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Join a startup incubator. It always reduces risk to plan your business first.

Tips 104

Tips Startup Technical Review Equity 104

Both Sides of the Table

NOVEMBER 16, 2014

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. But if you level up , raise capital and grow customers, revenue and staff – life changes. You course correct. Startup life.

Entrepreneur 385

Entrepreneur CTO Hire Startup Sales 385

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

Both Sides of the Table

SEPTEMBER 15, 2014

If you’re funding the same stuff as everybody else and if you started your activities when the clues were obvious you’re much less likely to drive enormous returns. In other words, if it seems this obvious to us then it must be this obvious to many other investors and probably to many other teams gearing up to compete.

Funding 362

Funding Technical Review Ideas Startup 362

Startup Professionals Musings

JUNE 30, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Join a startup incubator. It always reduces risk to plan your business first.

Startup 87

Startup Technical Review Equity Incubator 87

Startup Professionals Musings

DECEMBER 6, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Join a startup incubator. It always reduces risk to plan your business first.

Startup 128

Startup Technical Review Equity Incubator 128

SoCal CTO

MARCH 3, 2011

I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Many of the founders of these companies are surprised to learn that I'm willing to review what they are doing (maybe an hour) and get on the phone for an hour with them and provide free advice. Of course, I provide part-time CTO services.

CTO Hire 264

CTO Hire Startup Technical Review Development Team Review 264

SoCal CTO

MARCH 3, 2011

I talk to roughly 2 or 3 new startups every week who need advice from an experienced CTO. Many of the founders of these companies are surprised to learn that I'm willing to review what they are doing (maybe an hour) and get on the phone for an hour with them and provide free advice. Of course, I provide part-time CTO services.

CTO Hire 259

CTO Hire Startup Technical Review Development Team Review 259

Both Sides of the Table

JUNE 30, 2016

Reflexively founders want to raise as much money as they can because they figure it will give them more resources, better chances of competing and a longer runways before they have to do the often painful job of asking, yet again, for money. conversation literally every week with startups. I have this “How much should I raise?”

Startup 292

Startup Software Review Pricing Entrepreneur 292

Both Sides of the Table

JANUARY 4, 2014

Yesterday I wrote a post about “ the politics of startups ” in which I asserted that all companies have politics, which in its purest sense is just about understanding human psychology. I think as a tech industry we have bred a culture that places more emphasis on product excellence than managing human behavior.

Startup 340

Startup Technical Review Course Press 340

Both Sides of the Table

MARCH 30, 2011

I’m a very big proponent of the “lean startup movement&# as espoused by Steve Blank & Eric Ries. In the late 90′s I saw a dangerous trend creeping into the startup world, which was that companies were suddenly raising huge amounts of money too early in their existence. This post originally appeared on TechCrunch.

Development Team Review 374

Development Team Review Technical Review Startup Resource 374

Startup Professionals Musings

AUGUST 13, 2022

Even in this age of globalization and virtualization, the geographic area where you choose to live and work can still make or break your startup business. Also, investors from the super-hubs (Silicon Valley, New York, or Boston), probably won’t assume anyone outside their domain has the savvy and resources to make it happen.

Technical Review 123

Technical Review Oracle Software Review Ideas 123

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. Now we are starting to see a computer on every wrist. Passion, optimism, and determination are necessary but not sufficient to assure a successful startup.

Ideas 83

Ideas Technical Review Patents Startup 83

Both Sides of the Table

JANUARY 8, 2014

Industry reviews. Associates often shadow partners at board meetings so that they can help follow up with the company on important initiatives between board meetings. Smart founders use this extra resource to their advantage. a top-down view on HR challenges at startups; and, obviously: a great network. VC firm admin.

Help 365

Help Invest Venture Capital Technical Review 365

Startup Professionals Musings

NOVEMBER 9, 2019

Even in this age of globalization and virtualization, the geographic area where you choose to live and work can still make or break your startup business. Also, investors from the super-hubs (Silicon Valley, New York, or Boston), probably won’t assume anyone outside their domain has the savvy and resources to make it happen.

Startup 97

Startup Technical Review Oracle Software Review 97

Both Sides of the Table

MARCH 19, 2013

The era of VCs investing in successful consumer Internet startups such as eBay led to a belief system that seemed to permeate many enterprise software startups that hiring sales or implementation people was a bad thing. If you’re an early-stage enterprise startup services revenue is exactly what you need. We like software.

Startup 403

Startup Sales Software Review Technical Review 403

Both Sides of the Table

DECEMBER 27, 2011

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” To grow faster businesses need resources in today’s financial period to fund growth that may not come for 6 months to a year.

Startup 418

Startup Venture Capital Sales Technical Review 418

Both Sides of the Table

APRIL 26, 2016

There has been a lot of public debate over the past several weeks about whether it’s a good thing to be “gross margin positive” or not and commentary always reminds me that some people at startups don’t quite understand financial metrics or even how to think about which ones are healthy. So here are some more details …. That bit is easy.

Metrics 150

Metrics Startup SaaS Course 150

Startup Professionals Musings

DECEMBER 23, 2013

There is so much written these days about how to attract investors that most entrepreneurs “assume” they need funding, and don’t even consider a plan for “bootstrapping,” or self-financing their startup. Of course, every company needs these, in due time. Need expensive resources up front. You need a prototype.

Startup 100

Startup Entrepreneur Technical Review Equity 100

Startup Professionals Musings

FEBRUARY 19, 2013

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Join a startup incubator. It always reduces risk to plan your business first.

Startup 123

Startup Technical Review Equity Incubator 123

Startup Professionals Musings

JANUARY 12, 2018

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Join a startup incubator. It always reduces risk to plan your business first.

Startup 53

Startup Technical Review Equity Incubator 53

Startup Professionals Musings

SEPTEMBER 12, 2021

As a startup mentor and investor, I am approached regularly by aspiring entrepreneurs who assert that business plans take too much time, are inaccurate, and rarely add value. You’ve built a successful startup before, and plan to use the same investors. From my perspective, much of this advice is urban legend and just plain wrong.

Technical Review 126

Technical Review Writing Entrepreneur Slides 126

Both Sides of the Table

MARCH 25, 2016

Many startup businesses – tech or otherwise – fail. Trying outrageous new things or even trying mundane things but in new ways but with extreme quality & innovation is what fuels the tech startup industry. But today I want to give you advice on how to decrease your odds of failure in a startup.

Startup 150

Startup Marketing Study SEO 150

Both Sides of the Table

APRIL 4, 2011

It’s a very important concept for me because in a startup you are constantly under pressure and have way too many distractions. Commitment & urgency are key drivers of success in startup businesses. I was recently talking with a startup company who wanted me to try their product. You’ll have no idea when you’re off course.

Metrics 346

Metrics Startup SEO Customer 346

Startup Professionals Musings

DECEMBER 17, 2013

As the end of the year approaches, it’s a good time for every startup to assess the metrics, technology, and platforms they’re using to manage the business. Of course, everyone is happy when the numbers keep going up, but the data needs to be mined constantly for deeper meanings and trends. Customer loyalty and retention.

Metrics 100

Metrics Technical Review Sales Customer 100

Startup Professionals Musings

APRIL 13, 2020

Recently, I’ve seen a lot of discussion about bringing the work back home, since costs have gone up in less-developed countries, there are issues with intellectual property, and time zone and language differences make management difficult. It’s easy to find companies in certain countries that will quote cost reductions up to 75 percent.

Outsource Development 122

Outsource Development Outsource Software Review Technical Review 122

Startup Professionals Musings

SEPTEMBER 2, 2020

Out of curiosity, I often ask aspiring entrepreneurs like you, who come to me for help, what drives them to take on the workload and risk of a new startup. I ask every entrepreneur to first take a hard look inside for one or more of the following key intrinsic drivers, before they start: Satisfy a driving need to be in control of their life.

Entrepreneur 124

Entrepreneur Satisfaction Startup Technical Review 124

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. Passion, optimism, and determination are necessary but not sufficient to assure a successful startup. Choose projects with financial resources within your reach.

Ideas 106

Ideas Entrepreneur Technical Review Patents 106

Both Sides of the Table

AUGUST 27, 2012

But then Marc Andreessen weighed in – as did I and several others – and the media picked up on his comments. David encourages entrepreneurs to stay away from the big tech firms (such as Google, Facebook, Microsoft, Apple) because they are hard to compete with. Of course not. Where David is Totally Right.

Technical Review 299

Technical Review Venture Capital Yammer Google 299

Tech Zulu Event

APRIL 1, 2014

Visions pan of endless cold emails and long days attending meetups and pitch nights while your operations/tech team grind away. Not that good old fashioned leg work isn’t still required of course.). What companies like SeedInvest and its peers are doing to help connect investors to startups. Introducing SeedInvest.

Invest 100

Invest Startup Technical Review Software Review 100

Both Sides of the Table

AUGUST 14, 2017

As a starting point the board is intended to have legal and financial responsibilities to a few key constituencies: shareholders, debt holders, creditors, employees, government and major parties with whom the business operates. And of course we help with business development introductions and with fund raising events.

Startup 217

Startup Technical Review Equity Report 217

Startup Professionals Musings

JANUARY 3, 2022

Startup investors tell me they invest in a new venture with a higher caliber of people, rather than the product or service, and I agree. Of course, it’s no surprise that most entrepreneurs don’t have a background in hiring teams, and don’t have a budget for training or human resource consultants.

Training 135

Training Case Study Resource Statistics 135