Startup Professionals Musings

JANUARY 23, 2021

Most entrepreneur that fail are quick to offer a litany of constraints that caused their demise – not enough money, time, customers, or support from the right players. The result, called resourcefulness, allows entrepreneurs to create opportunities in the face of scarcity. Let your constraints drive innovation.

Startup 164

Startup Resource Entrepreneur Competition 164

Both Sides of the Table

APRIL 12, 2018

Founder, Founder, Founder At Upfront we talk regularly about how 70% of our investment decision in Seed and A rounds is the quality of the entrepreneur and 30% is the quality of the idea. Jamie Siminoff is not only one of the single best true entrepreneurs in Los Angeles, he’s amongst the best we’ve worked with in the country.

Startup 247

Startup Pricing Product Marketing 247

socalTECH

JANUARY 18, 2019

After doing the work for an internal event for them, that led to external, customer-facing launch events around the country. We present the best solution for a customer and their needs, and we work with the top EV charger manufacturers and software providers to accomplish that We coordinate everything needed for an event.

Startup 243

Startup Custom Customer Entrepreneur 243

Startup Professionals Musings

APRIL 27, 2022

Entrepreneurs are now measured against the “triple bottom line” (TBL or 3BL) of people, planet, and profit. How does any entrepreneur define the right balance, and then measure their performance against real metrics? Many young entrepreneurs seem to think that capitalism and making profit are dirty words.

Startup 110

Startup Entrepreneur Capital Examples 110

Startup Professionals Musings

JANUARY 22, 2023

From my consulting with entrepreneurs in Europe and other countries, I’m convinced that we all could benefit from adapting to meet their environments. The distributed model draws on a diverse pool, helps manage costs, and captures regional insights and focus necessary to win local customers.

Capital 138

Capital Marketing Ideas Venture Capital 138

Startup Professionals Musings

FEBRUARY 14, 2015

Most entrepreneur that fail are quick to offer a litany of constraints that caused their demise – not enough money, time, customers, or support from the right players. The result, called resourcefulness, allows entrepreneurs to create opportunities in the face of scarcity. Let your constraints drive innovation.

Resource 98

Resource Entrepreneur Competition Startup 98

Startup Professionals Musings

OCTOBER 10, 2018

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” On the other hand, there are many additional creative options available for starting a business that you might not find for buying a car, home, or other major consumer item. Request a small business grant.

Entrepreneur 96

Entrepreneur Startup Equity Funding 96

Startup Professionals Musings

MARCH 5, 2021

Startups are the corporations of the future, so I have long believed that entrepreneurs who study existing corporate models, rather than ignoring them with disdain, will likely profit from the exercise. These are all huge challenges, as well as huge opportunities, for entrepreneurs. Stakeholder power. Demographic shifts.

Marketing 135

Marketing Startup Entrepreneur Social Media 135

Startup Professionals Musings

JUNE 19, 2020

Technical entrepreneurs love their technology, and often are driven to launch a startup on the assumption that everyone will buy any solution which highlights this technology. Instead, they need to validate a customer problem and real market need first. Customers buy solutions, not technology. Limit the features and complexity.

Technology 127

Technology Marketing Social Media Custom 127

Startup Professionals Musings

MAY 14, 2021

I often wonder whether you as the entrepreneur have worked as hard on your pricing strategy as you have on your innovative solution. If your innovation is real, it brings added value to the table, so most customers, especially early ones, are willing to pay a premium over competitive products.

Pricing 145

Pricing Startup Competition Examples 145

Startup Professionals Musings

AUGUST 24, 2014

Unfocused entrepreneurs boast that their new technology will generate multiple disruptive products for consumers as well as enterprises around the world. Keep these balanced and aligned between people (customers, employees) and process (quality, service, revenue), and keep the scope realistic (eliminating world hunger is too broad).

Entrepreneur 103

Entrepreneur Competition Technical Review Oracle 103

Startup Professionals Musings

DECEMBER 1, 2014

Eric provides many examples of potential and real application areas that are ripe for predictive analytics, but my view is that smart entrepreneurs can extrapolate these to hundreds more, just waiting to be tapped. Online, everyone wants to know which ad each customer is most likely to click. Customer retention with churn modeling.

Entrepreneur 103

Entrepreneur Social Media Study Guide 103

SoCal Tech Calendar

OCTOBER 14, 2016

Join us at the Pepperdine West Los Angeles Graduate Campus and learn invaluable information about what it means to be an entrepreneur. Consumers these days are looking to connect with companies on a much deeper level. They're seeking community, education, entertainment, and most of all, a sense of authenticity.

Pepperdine 100

Pepperdine West Los Angeles Education Entertainment 100

Startup Professionals Musings

JULY 11, 2013

As I visit the websites of many startups, as well as more mature businesses, I still too often see a “contact” page offering nothing but a sterile form for customers to submit, never to be heard from again. Customers are not all like you, and they have choices, so a “one size fits all” customer service is no longer a viable option.

Social Media 99

Social Media Custom Customer Media 99

Frank Addante

AUGUST 6, 2014

A month ago I spoke at the Silicon Beach Fest in Santa Monica in front of LA’s community of emerging entrepreneurs, innovators and disrupters. Put yourself in your customer/consumers shoes and ask the following questions: Why do I need this? Customers. – Who else is in the market? Do they have a solution? in that order.

Entrepreneur 111

Entrepreneur Startup Santa Monica Ideas 111

InfoChachkie

MARCH 9, 2019

Successful serial entrepreneurs know that their relationships are valuable assets worthy of careful nurturing – employees, investors, customers and suppliers are loyal to entrepreneurs they trust and trust is built on honesty and integrity. Michael Bloomberg, American Entrepreneur and Politician.

Startup 100

Startup Netflix Entrepreneur Metrics 100

Startup Professionals Musings

MAY 15, 2013

Customer service has always been reactionary, meaning someone has to wake up and answer website email requests. That’s just not savvy enough to hold today’s fickle, less loyal, and ready to jump customer. This exemplary customer service is just savvy marketing. Respect your customer’s view of usability.

Custom 89

Custom Customer Services High Tech 89

Startup Professionals Musings

DECEMBER 3, 2013

Startups are the corporations of the future, so I have long believed that entrepreneurs who study existing corporate models, rather than ignoring them with disdain, will likely profit from the exercise. These are all huge challenges, as well as huge opportunities, for entrepreneurs. Stakeholder power. Demographic shifts.

Entrepreneur 103

Entrepreneur Social Media Startup Study 103

Startup Professionals Musings

MARCH 22, 2012

You hear a lot of talk these days about the importance of customer satisfaction, but customer loyalty is the real win. A satisfied customer is necessary, but not sufficient, to be a loyal customer who will come back repeatedly, refer their friends and family to you, and be faithful even when your price is not the lowest.

Custom 104

Custom Customer Startup Competition 104

Startup Professionals Musings

JULY 13, 2013

Entrepreneurs are now measured against the “triple bottom line” (TBL or 3BL) of people, planet, and profit. How does any entrepreneur define the right balance, and then measure their performance against real metrics? Many young entrepreneurs seem to think that capitalism and making profit are dirty words.

Entrepreneur 98

Entrepreneur Startup Examples Satisfaction 98

Startup Professionals Musings

MARCH 28, 2012

But once you start selling products, all of these pale in comparison to the level of customer experience you provide. Here are the top ten suggestions from John and others for how to create a culture of extreme customer focus in your organization: Create a customer service vision. Exceed customer expectations.

Custom 104

Custom Customer Startup Organization 104

Startup Professionals Musings

OCTOBER 12, 2014

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” On the other hand, there are many additional creative options available for starting a business that you might not find for buying a car, home, or other major consumer item. Request a small business grant.

Startup 113

Startup Entrepreneur Funding Equity 113

Startup Professionals Musings

MAY 21, 2023

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” On the other hand, there are many additional creative options available for starting a business that you might not find for buying a car, home, or other major consumer item. Request a small business grant.

Startup 106

Startup Capital Equity Funding 106

Startup Professionals Musings

SEPTEMBER 20, 2015

Among other things, he outlines some of the popular assessment tools that I also often recommend as a mentor to entrepreneurs, including the following: MBTI (Myers-Briggs Type Indicator). The MAPP career test was one of the first comprehensive career tests online for consumers, with over 7 million customers.

Tool 114

Tool Entrepreneur Mentor Help 114

socalTECH

JANUARY 18, 2019

After doing the work for an internal event for them, that led to external, customer-facing launch events around the country. We present the best solution for a customer and their needs, and we work with the top EV charger manufacturers and software providers to accomplish that We coordinate everything needed for an event.

Startup 133

Startup Custom Customer News 133

Startup Professionals Musings

AUGUST 29, 2020

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” On the other hand, there are many additional creative options available for starting a business that you might not find for buying a car, home, or other major consumer item. Request a small business grant.

Funding 174

Funding Startup Equity Examples 174

Startup Professionals Musings

NOVEMBER 13, 2022

Among other things, he outlines some of the popular assessment tools that I also often recommend as a mentor to entrepreneurs, including the following: MBTI (Myers-Briggs Type Indicator). The MAPP career test was one of the first comprehensive career tests online for consumers, with over 8 million customers.

Guide 126

Guide Tool Mentor Help 126

Startup Professionals Musings

NOVEMBER 17, 2021

Eric provides many examples of potential and real application areas that are ripe for predictive analytics, but my view is that smart entrepreneurs can extrapolate these to hundreds more, just waiting to be tapped. Online, everyone wants to know which ad each customer is most likely to click. Customer retention with churn modeling.

Startup 99

Startup Social Media Study Guide 99

Startup Professionals Musings

NOVEMBER 18, 2016

When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. If your solution alleviates a high level of existing pain, customers more readily change.

Product 95

Product Case Study Custom Customer 95

Startup Professionals Musings

MAY 1, 2020

From my consulting with entrepreneurs in Europe and other countries, I’m convinced that we all could benefit from adapting to meet their environments. The distributed model draws on a diverse pool, helps manage costs, and captures regional insights and focus necessary to win local customers.

Ideas 124

Ideas Venture Capital Software Review Technical Review 124

Startup Professionals Musings

JULY 28, 2019

Entrepreneurs are now measured against the “triple bottom line” (TBL or 3BL) of people, planet, and profit. How does any entrepreneur define the right balance, and then measure their performance against real metrics? Many young entrepreneurs seem to think that capitalism and making profit are dirty words.

Startup 93

Startup Entrepreneur Capital Examples 93

InfoChachkie

JUNE 27, 2011

I recently answered the question “ What are good ways to raise your children to be entrepreneurs? ” I believe that you cannot teach someone to be an entrepreneur, but that you can teach entrepreneurs. Every entrepreneur is faced with making something out of nothing. Note: This is part I of a five part series.

Entrepreneur 270

Entrepreneur Startup Venture Capital Resource 270

socalTECH

AUGUST 27, 2014

We spoke with one of those companies-- El Segundo-based ConsumerTrack (www.consumertrack.com)--which is a $30M, bootstrapped an online marketing company which is driving millions of customers to big name, financial customers. That really allows us to control that whole flow and consumer path. What is ConsumerTrack all about?

Startup 239

Startup El Segundo Marketing Media 239

socalTECH

MAY 6, 2019

We make it super, super easy for experiential consumers to access the outdoors. We started with just a few tents, and saw an immediate consumer demand, and we've grown steadily from there. Ross Richmond: This summer, we decided to seek investment, so we could grow and meet the consumer demand we were seeing.

Startup 113

Startup Los Angeles Pricing Demand 113

InfoChachkie

OCTOBER 20, 2014

Want to be an entrepreneur? 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.

Santa Barbara 258

Santa Barbara Technical Review Startup Venture Capital 258

socalTECH

JUNE 25, 2013

However, is there an opening for a new way of reaching consumers with flower delivery? We spoke with CEO and co-founder John Tabis about how TheBouqs believes there''s an opening for a modern online flower delivery service, because none of the existing players are catering to the new generation of consumers. What is the Bouqs?

Services 215

Services Technical Review Startup Pricing 215

Startup Professionals Musings

AUGUST 25, 2017

This technology is not only spawning a new generation of entrepreneurs, but is also changing the educational landscape, all the way down to early grade school. In my view as an advisor to new ventures, the Maker Movement is an integral part of a new age of the entrepreneur. Meeting the new consumer demand for customization.

Ideas 61

Ideas Outsource Development Startup Education 61