Berkonomics

MARCH 15, 2012

In the creation of a new enterprise, there are five principal risks to be addressed by the entrepreneur. Professional investors will probe these five risk areas and make the decision to invest based upon comfort with each. First: Product risk. Are you ahead or behind the market with your product or service?

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Startup Professionals Musings

DECEMBER 20, 2021

With real-time online reviews and feedback via the Internet, and instant relationships via social media, a voice from the top that is inconsistent with what is heard from the firing line defines a dysfunctional and noncompetitive company for today’s customer. Thus team makeup is the critical success factor.

Class 155

Class Develop Development Startup 155

Berkonomics

JUNE 18, 2015

Making such predictions is a skill that can be developed, and here’s one method of doing so. There are five basic kinds of internal risks than a business faces over time. Will the marketplace accept your product? Is there a market for your class of product at all? That discussion is for a future time.

Competition 120

Competition Marketing Class Product 120

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. Consider licensing your product or intellectual property, and “white labeling.”

Startup 87

Startup Technical Review Equity Incubator 87

InfoChachkie

FEBRUARY 20, 2012

Mark noted that even if an entrepreneur does not become a master developer, by simply understanding the software development process, they will be a more effective startup leader. Along with your cash, customers and employees, a healthy startup culture will prove to be one of your most precious assets. . Treasure it.

Tips 275

Tips Startup IP Santa Barbara 275

Startup Professionals Musings

JANUARY 30, 2022

In fact, it’s all about the “focus” required to get early stage technology products across the deadly chasm from early adopters to mainstream customers. Missions and products that are too broad confuse your team, your customers, and potential investors. Product development chasm. Customer support chasm.

Startup 150

Startup Technical Review Customer Custom 150

Startup Professionals Musings

OCTOBER 25, 2019

I’m more convinced that technology merely enables disruption, and changing customer interests and needs really causes it. Other companies keep the focus on their customers, and seem to thrive on disruption, much less survive. They make it their top business priority to understand, anticipate, and gratify customers’ needs.

Customer 54

Customer Custom Technical Review Design 54

SoCal Tech Calendar

DECEMBER 1, 2011

Wednesday, December 7, 2011 -- Developing and Publishing Freetoplay MMOs: From A to Z. Five experts from across their organization will provide an end-to-end solution for developing and publishing Freetoplay games. Center for Computer Games and Virtual Worlds. Abstract: The Freetoplay model has taken the gaming world by storm.

Develop 100

Develop Development Email Organization 100

Startup Professionals Musings

APRIL 23, 2017

In fact, it’s all about the “focus” required to get early stage technology products across the deadly chasm from early adopters to mainstream customers. Missions and products that are too broad confuse your team, your customers, and potential investors. Product development chasm. Customer support chasm.

Customer 76

Customer Custom Entrepreneur Technical Review 76

Tech.Co

FEBRUARY 23, 2022

Do you run a small business that ships products locally? We’ve listened carefully to our business customers to develop this program,” said Jakki Krage Strako, chief commerce and business solutions officer, in a press release. for a package under five pounds, and steadily rise based on weight. You're in luck.

Services 155

Services Press Commerce Class 155

socalTECH

SEPTEMBER 10, 2015

Los Angeles-based social aggregation tool developer Fliptu said today that it has rebranded the company as Ampsy , and also integrated its software with Hootsuite. The reasoning behind the rebranding was not given. READ MORE>>.

Customer 100

Customer Custom Los Angeles Tool 100

Startup Professionals Musings

JUNE 21, 2019

I like their summary of five key components of innovation capital that we should strive to maximize: Human capital: forward thinking, problem solving, persuasion. They nurture connections to other innovators and entrepreneurs, financial benefactors, organizational leaders, and potential customers. The cycle repeats.

Product 93

Product Ideas Resource Capital 93

Startup Professionals Musings

JUNE 17, 2023

You need partners, team members, investors, vendors, and customers. 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. Can you count on them for a real help or a big favor?

Startup 127

Startup Guide Networking Help 127

socalTECH

JUNE 2, 2017

The world of mobile apps has added serious challenges for software developers, who don't just have to deal with crashes�they have to deal with slow performance, strange hangs, multiple carrier networks, and more. We saw the pains of supporting apps in a live, production environments. How are developers doing this today?

Mobile 178

Mobile Develop Development Tool 178

InfoChachkie

MAY 27, 2013

Last week, Divshot turned a simple April Fool''s Day joke into a marketing coup, generating nearly 6,000 Tweets and over a thousand Beta customers. As noted in Hacking Hacker News , the company previously dominated the mindshare of the web development community by facilitating the spread of a random posting on Hacker News.

Customer 195

Customer Custom Template Startup 195

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. Technology development. It may entail a number of false starts, but no products. Verification.

Research 97

Research Develop Development Funding 97

Startup Professionals Musings

AUGUST 28, 2022

Employees and customers alike are looking for meaning, not simply employment and commodity prices. He outlines a three-phase process to develop the necessary business culture of energy, resilience, and openness: Nurture your current leadership strengths. Doing good opens the door to a broader customer base.

Organization 143

Organization Startup Pricing Customer 143

TechCrunch LA

JULY 23, 2019

Now the five-year-old firm, with newly found significant capital in the bank , is attempting to replicate its success in international markets. On Tuesday, Haptik announced it has acqui-hired Convrg, a Los Angeles-based startup that develops chatbots, to serve customers in North America.

Los Angeles 209

Los Angeles Angel Startup Google 209

Startup Professionals Musings

AUGUST 7, 2015

When pitching to investors, entrepreneurs always seem to start with a customer pitch, then add a slide or two about the business. Remember, investors are buying into the business, not the product. Investors are business experts, while the entrepreneur is more likely the product expert.

Product 103

Product Slides Customer Custom 103

Startup Professionals Musings

MARCH 14, 2015

This term refers to the penchant to add just one more feature to the product or service before first delivery, just because you can. The result is a bloated first product which finally collapses under its own weight, or is too late and too expensive for the intended customer. Define milestones for cost review and sign-off.

Technical Review 104

Technical Review Product Software Review High Tech 104

Startup Professionals Musings

DECEMBER 7, 2022

Too many entrepreneurs don’t know what to do at this point, largely accounting for a disappointing 50 percent of startups that fail in the first five years, according to InvoiceTracker. Real growth requires new and innovative ways to find customers, as well as old-fashioned advertising and email blasts.

Startup 134

Startup Search Engine Optimization Social Media Metrics 134

InfoChachkie

MAY 27, 2013

Last week, Divshot turned a simple April Fool''s Day joke into a marketing coup, generating nearly 6,000 Tweets and over a thousand Beta customers. As noted in Hacking Hacker News , the company previously dominated the mindshare of the web development community by facilitating the spread of a random posting on Hacker News.

Customer 153

Customer Custom Template Startup 153

Startup Professionals Musings

SEPTEMBER 4, 2023

Today’s business mantra must be “Take care of your people and they will take care of your customers.” Most entrepreneurs start from a base of one or two co-founders, and their vision and focus is on developing an innovative solution, rather than developing people. Unfortunately, it’s easier said than done.

Organization 108

Organization Startup Satisfaction Customer 108

Startup Professionals Musings

MAY 1, 2022

You can have the best technology, but if customers don’t know you exist, or they don’t know how your technology solves a real problem for them, your startup will fail. How many customers will have any idea what this means to them? You need to clearly convey what makes your startup the only choice for your customers.

Marketing 141

Marketing Startup Social Media Technical Review 141

Startup Professionals Musings

SEPTEMBER 13, 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. Consider licensing your product or intellectual property, and “white labeling.”

Startup 136

Startup Technical Review Equity Incubator 136

TechCrunch LA

NOVEMBER 5, 2021

Former technology journalist Courtney Boyd Myers co-founded AKUA with Matthew Lebo five years ago after seeking out a career where she could leave a legacy and fulfill her mission of reversing climate change. We went back to the drawing board during the pandemic on a new product and invented The Kelp Burger.”.

Startup 191

Startup Los Angeles Sample Funding 191

socalTECH

AUGUST 26, 2019

For this morning's interview with an entrepreneur, we spoke with Thomas Russell , the Ceo and co-founder of ETC Solar (www.etc-solar.com), a Los Angeles startup developing technology to improve the efficiency and cost of solar cells. Afterwards, we heavily engaged with the solar cell community to identify product-market-fit.

CalTech 113

CalTech Outsource Development IP Marketing 113

Startup Professionals Musings

OCTOBER 23, 2021

It also starts with a good summary of the intangibles, summarized as the five rules of relevancy, by Mark Zawacki: A startup needs to be relevant and stay relevant. Relevancy for an early-stage company is the discovery and understanding of the real addressable market for a product or service. A startup must gain balanced traction.

Education 151

Education Customer Custom Sales 151

Startup Professionals Musings

OCTOBER 6, 2023

Others schedule exhaustive training sessions for everyone on the team, including showcase customers, to make sure that everyone paints a consistent picture. Due diligence always involves on-site visits, informal discussions with any or all members of the team, vendors, and good customers as well as bad. Status of the solution.

Technical Review 118

Technical Review Startup Satisfaction Invest 118

Startup Professionals Musings

JULY 6, 2011

This term refers to the penchant to add just one more feature to the product or service before first delivery, just because you can. The result is a bloated first product which finally collapses under its own weight, or is too late and too expensive for the intended customer. Define milestones for cost review and sign-off.

Technical Review 96

Technical Review Startup Software Review High Tech 96

Startup Professionals Musings

AUGUST 5, 2011

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. Technology development. It may entail a number of false starts, but no products.

Research 93

Research Develop Development Activity 93

Startup Professionals Musings

MAY 23, 2013

One of the toughest decisions for a startup is how to price their product or service. Obviously, it must be grounded by the characteristics of the market and customers you choose to serve, the pricing model of existing competitors, and a strategy you believe is consistent with your future products and direction. Freemium” model.

Pricing 116

Pricing Product Customer Custom 116

Startup Professionals Musings

OCTOBER 16, 2023

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. Yet every business requires revenue and volumes, as certainly as it requires a product to sell. Doubling revenue each year is a good target.

Startup 116

Startup Pricing Sales Statistics 116

Startup Professionals Musings

APRIL 7, 2023

That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count). They are willing to cover marketing, inventory and scaling, but not product development. Make your focus and priorities clear.

Tips 91

Tips Funding Startup Invest 91

Startup Professionals Musings

SEPTEMBER 20, 2020

You need partners, team members, investors, vendors, and customers. 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. Can you count on them for a real help or a big favor?

Startup 150

Startup Guide Help Course 150

Both Sides of the Table

FEBRUARY 28, 2018

There has always been tension between CPG (consumer packaged goods) companies and the retailers who sell their products to consumers. If a consumer will pay a fixed price for a product or service then the battle over who gets the margin in any sale is between the person who merchandises a product and the person who manufactures it.

Product 296

Product Course Customer Custom 296

Startup Professionals Musings

NOVEMBER 9, 2010

This is the origin of the “ solution looking for a problem ” and “ if we build it, they will come ” syndromes, which result in surprise and frustration waiting for funding, and waiting for customers that don’t materialize. Develop the solution with your technology, and develop a strategy to maximize your impact in the marketplace.

Startup 92

Startup Competition IP Patents 92