Startup Professionals Musings

JULY 2, 2022

Serious entrepreneurs know that, but too many “wannabes” still fall for that elusive get-rich-quick scheme with no risk. As an active angel investor, I still hear entrepreneurs asserting large opportunities with minimal risk and no competition. When entrepreneurs become prisoners of hope, they look for others to solve their problem.

Entrepreneur 153

Entrepreneur Marketing Customer Custom 153

Startup Professionals Musings

SEPTEMBER 2, 2019

Every so often a promising entrepreneur seems to freeze in the oncoming headlights and gets run over by his competition. The Art and Science of Good Decisions ,” summarizes good decision making as: Identifying all reasonable actions. It's difficult to create a high-demand product by guessing. The team is the same.

Entrepreneur 92

Entrepreneur Ideas Research Demand 92

socalTECH

JULY 7, 2010

One complaint we sometimes hear from venture capitalists visiting Southern California for the first time, is the difficulty of finding experienced entrepreneurs and executives. socalTECH.com has mined its proprietary database of high tech companies and entrepreneurs and identified just a few of the repeat entrepreneurs to watch in the region.

Southern California 228

Southern California Entrepreneur SoCal Mahalo 228

Startup Professionals Musings

JUNE 4, 2022

Every so often a promising entrepreneur seems to freeze in the oncoming headlights and gets run over by his competition. The Art and Science of Good Decisions ,” summarizes good decision making as: Identifying all reasonable actions. It's difficult to create a high-demand product by guessing. The team is the same.

Ideas 155

Ideas Entrepreneur Research Demand 155

Startup Professionals Musings

AUGUST 28, 2022

Many entrepreneurs still don’t understand that building a business culture today of doing good, like helping people (society) and planet (sustainability), is also a key to maximizing profit. Employees and customers alike are looking for meaning, not simply employment and commodity prices. Hire the right team.

Organization 143

Organization Startup Pricing Customer 143

Startup Professionals Musings

OCTOBER 5, 2016

His focus is on sales, but I see the same skills needed for entrepreneurs. His top eight required skill set elements for sales don’t even mention product skills, and match my view of the right skill set for successful entrepreneurs, with only a few priority changes: Creating and sharing a vision. Negotiating and creating win-win deals.

Entrepreneur 106

Entrepreneur Sales Startup Customer 106

Berkonomics

MARCH 5, 2020

In the creation of a young company, there are five principal risks to be addressed by the entrepreneur. So, it is important for the entrepreneur to identify, address and mitigate each of these in order to increase valuation and decrease the risk of ultimate loss of the business. Second: Market risk. . Third: Management risk. .

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Startup Professionals Musings

APRIL 23, 2022

What they should be doing is hiring only “entrepreneurs,” meaning people who think and act as if this is their own business. This commitment to hire people who think like entrepreneurs, or instill an “owner’s mindset” in every employee, should be a high priority in every business. Again, you get what you demand and reward.

Startup 134

Startup Training Sales Entrepreneur 134

Startup Professionals Musings

MAY 22, 2023

Most of the entrepreneurs and aggressive business owners I meet in my consulting practice are focused on finding new disruptive solutions and killing competitors as the key to success. Reframing means re-conceptualizing a problem by look at it from a different perspective and identifying alternative solutions.

Capital 142

Capital Netflix Resource Customer 142

Startup Professionals Musings

JUNE 7, 2015

Many entrepreneurs still don’t understand that building a business culture today of doing good, like helping people (society) and planet (sustainability), is also a key to maximizing profit. Employees and customers alike are looking for meaning, not simply employment and commodity prices. Hire the right team.

Entrepreneur 117

Entrepreneur Organization Startup Pricing 117

Startup Professionals Musings

FEBRUARY 9, 2015

Every so often a promising entrepreneur seems to freeze in the oncoming headlights and gets run over by his competition. The Art and Science of Good Decisions ,” summarizes good decision making as: Identifying all reasonable actions. It''s difficult to create a high-demand product by guessing. The team is the same.

Entrepreneur 105

Entrepreneur Ideas Research Demand 105

Startup Professionals Musings

MARCH 30, 2015

Serious entrepreneurs know that, but too many “wannabes” still fall for that elusive get-rich-quick scheme with no risk. As an active Angel investor, I still hear entrepreneurs asserting large opportunities with minimal risk and no competition. When entrepreneurs become prisoners of hope, they look for others to solve their problem.

Entrepreneur 103

Entrepreneur Startup Marketing Customer 103

Startup Professionals Musings

DECEMBER 27, 2021

As an advisor to startups and entrepreneurs, I often hear the myth that all new businesses must start with a great idea. I believe the best entrepreneurs start by finding a large opportunity, and only then use good ideas to capitalize on that opportunity. They specialize in the depth of their selections that a true connoisseur demands.

Startup 112

Startup Ideas Examples Entrepreneur 112

Startup Professionals Musings

JULY 17, 2017

What they should be doing is hiring only “entrepreneurs,” meaning people who think and act as if this is their own business. This commitment to hire people who think like entrepreneurs, or instill an “owner’s mindset” in every employee, should be a high priority in every business. Again, you get what you demand and reward.

Entrepreneur 69

Entrepreneur Startup Training Sales 69

Startup Professionals Musings

JULY 13, 2019

New entrepreneurs are always looking for a shortcut in getting their venture story and plan across to investors, and closing on the funding they need. The canvas is a visual chart with elements describing your value proposition, structure, finances, and customers, to help companies identify and align business activities.

Activity 100

Activity Customer Custom Resource 100

Startup Professionals Musings

FEBRUARY 22, 2014

My plea to entrepreneurs is to recognize these concerns as an opportunity, to make people’s life better, rather than stoke the fires. Last year, the Target retail chain account database was hacked, with personal data of up to 70 million customers stolen, and this black eye won’t soon go away. Why is everyone so paranoid these days?

Entrepreneur 100

Entrepreneur Technical Review Startup Social Network 100

Startup Professionals Musings

NOVEMBER 23, 2019

Many entrepreneurs still don’t understand that building a business culture today of doing good, like helping people (society) and planet (sustainability), is also a key to maximizing profit. Employees and customers alike are looking for meaning, not simply employment and commodity prices. Hire the right team.

Organization 128

Organization Startup Pricing Customer 128

Startup Professionals Musings

AUGUST 8, 2016

As a startup advisor and investor, I find that more and more entrepreneurs avoid using the term “profit” in pitching their new venture. Of course, I understand and don’t condone bad actors who get greedy, and exploit ways to unjustly squeeze customers and employees. Solve a painful problem for customers who have money to spend.

Entrepreneur 58

Entrepreneur Ideas Pricing Customer 58

Startup Professionals Musings

FEBRUARY 17, 2013

What they should be doing is hiring only “entrepreneurs,” meaning people who think and act as if this is their own business. This commitment to hire people who think like entrepreneurs, or instill an “owner’s mindset” in every employee, should be a high priority in every business. Again, you get what you demand and reward.

Entrepreneur 97

Entrepreneur Training Sales Technical Review 97

Startup Professionals Musings

MAY 17, 2023

All the business leaders I know have noticed that the problems we all face today are becoming more complex, multifaceted, and our customers are more demanding. These authors speak from a wealth of experience as investors, entrepreneurs, and environmentalists. Don’t demand risk elimination by perfectionism.

Demand 84

Demand Course .Net Startup 84

Startup Professionals Musings

JUNE 17, 2022

Many business professionals and entrepreneurs I know are quick to attribute success of a peer to luck, rather than any recognition of a unique strategy or personal attributes. Passion is great, but it must be backed by data, confirming a real problem and customers willing and able to pay for your solution.

Startup 143

Startup Competition Coach Satisfaction 143

Startup Professionals Musings

FEBRUARY 17, 2012

Every engineer who has invented some new technology, or is adept at creating solutions, believes that is the hard part, and it should be a short step to take that solution to market as an entrepreneur. Clearly, engineers should think twice before assuming they have an advantage over the rest of us toward being an entrepreneur.

Entrepreneur 104

Entrepreneur Oracle Customer Custom 104

socalTECH

APRIL 13, 2021

The NSF determined eight to ten years ago that the Small Business Innovation Research (SBIR) grants they were funding to academic teams, to commercialize technology, they were losing, because not many academics had the background to understand how to go out and source customers, and did not know how to run a startup.

Marina Del Rey 150

Marina Del Rey Startup USC Incubator 150

Startup Professionals Musings

SEPTEMBER 29, 2012

Every so often a promising entrepreneur seems to freeze in the oncoming headlights and gets run over by his competition. The Art and Science of Good Decisions ,” summarizes good decision making as: Identifying all reasonable actions. It's difficult to create a high-demand product by guessing. The team is the same.

Entrepreneur 97

Entrepreneur Ideas Research Demand 97

Berkonomics

MARCH 14, 2019

Especially if you are in the early stage of growing a business, these five risks can and often do derail entrepreneurs before realizing the riches of a great exit. So, it is important for you to identify, address and mitigate each of these in order to increase valuation and decrease the risk of ultimate loss of the business.

Outsource Development 120

Outsource Development Ideas Resource Patents 120

InfoChachkie

MARCH 4, 2013

Entrepreneurs can learn a great deal from the manner in which Pink Floyd created DSOTM. Instead of refining their material based on customer feedback, they often lock themselves away in a recording studio, isolated from their fans' reactions. If you haven't already subscribed yet, subscribe now for free weekly Infochachkie articles!

Startup 269

Startup Cloud Computing RSS Writing 269

Both Sides of the Table

JUNE 13, 2013

Like most startup entrepreneurs, when I began my first company in 1999 I had no formal sales experience. I did have the wherewithal to visit potential customers and try to understand the pain points that I thought could be solved with our solution. This article originally appeared on Inc.com. question in sales.

Sales 393

Sales Startup Resource Customer 393

Startup Professionals Musings

OCTOBER 20, 2018

His focus is on sales, but I see the same skills needed for entrepreneurs. His top eight required skill set elements for sales don’t even mention product skills, and match my view of the right skill set for successful entrepreneurs, with only a few priority changes: Creating and sharing a vision. Negotiating and creating win-win deals.

Startup 98

Startup Sales Entrepreneur Customer 98

Startup Professionals Musings

FEBRUARY 24, 2011

What they should be doing is hiring only “entrepreneurs,” meaning people who think and act as if this is their own business. This commitment to hire people who think like entrepreneurs, or instill an “owner’s mindset” in every employee, should be a high priority in every business. Again, you get what you demand and reward.

Entrepreneur 100

Entrepreneur Startup Training Sales 100

Berkonomics

MARCH 15, 2012

In the creation of a new enterprise, there are five principal risks to be addressed by the entrepreneur. So it is important for the entrepreneur to identify, address and mitigate each of these in order to increase valuation and decrease the risk of ultimate loss of the business. Second: Market risk.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Tech.Co

SEPTEMBER 6, 2016

Facing the mounting challenges of raising kids, she identified the problem and set out to solve it. Just ask and the customer support person will handle your concern. Some of them are Lyft investors as well as the Stanford Angels and entrepreneurs. Narayan was working for eBay when she caught the entrepreneurial bug.

Demand 70

Demand Orange County Mobile Training 70

Startup Professionals Musings

JULY 16, 2012

The hard part for entrepreneurs is figuring out what it takes to play. Here is just a sampling of the latest terminology and lingo that I gleaned from Dave, and from some additional research on the Internet, that I think every entrepreneur should know, who may be looking for funding now, or down the road: Micro-VCs. Lean startup.

Entrepreneur 101

Entrepreneur Startup Seed Funding Incubator 101

Startup Professionals Musings

JULY 21, 2019

What they should be doing is hiring only “entrepreneurs,” meaning people who think and act as if this is their own business. This commitment to hire people who think like entrepreneurs, or instill an “owner’s mindset” in every employee, should be a high priority in every business. Again, you get what you demand and reward.

Training 88

Training Sales Entrepreneur Technical Review 88

Startup Professionals Musings

FEBRUARY 27, 2019

In addition, like an entrepreneur with a new business, you have to factor in all the indirect costs previously covered by employers, including training, health care, and time off for vacations. In fact, thinking like an entrepreneur is a good strategy today for success, even if you are currently in a long-term employment situation.

Startup 98

Startup Outsource Development Competition Social Media 98

Startup Professionals Musings

JULY 9, 2017

New entrepreneurs are always looking for a shortcut in getting their venture story and plan across to investors, and closing on the funding they need. The canvas is a visual chart with elements describing your value proposition, structure, finances, and customers, to help companies identify and align business activities.

Funding 57

Funding Startup Activity Customer 57

Startup Professionals Musings

JUNE 25, 2010

Every so often a promising entrepreneur seems to freeze in the oncoming headlights and gets run over by his competition. The Art and Science of Good Decisions ,” summarizes good decision making as: Identifying all reasonable actions. It's difficult to create a high-demand product by guessing. The team is the same.

Entrepreneur 87

Entrepreneur Ideas Research Demand 87

Startup Professionals Musings

JANUARY 10, 2018

They want to grant deserving customers special concessions, or fix a broken process, but are convinced it may cost them their job, or find that no one above them seems to care. If these still exist in your organization, they are huge red flags and you can be certain that you are losing your best employees as well as customers.

Startup 62

Startup Organization Customer Custom 62