Startup Professionals Musings

OCTOBER 24, 2013

Too many entrepreneurs I know still believe that that their great idea will carry the startup, and they may even minimize their own value, especially if they have introvert tendencies. Yet most investors agree that the “idea” is worth nothing alone, and it’s the entrepreneur execution that counts.

Entrepreneur 109

Entrepreneur Startup Ideas Social Network 109

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

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

JULY 16, 2016

Too many entrepreneurs I know still believe that that their great idea will carry the startup, and they may even minimize their own value, especially if they have introvert tendencies. Yet most investors agree that the “idea” is worth nothing alone, and it’s the entrepreneur execution that counts.

Entrepreneur 58

Entrepreneur Marketing Startup Ideas 58

Startup Professionals Musings

DECEMBER 31, 2012

Most then add customer service at the rollout, but very few really understand what it means to be truly customer centric, and even fewer really achieve it. Customer centricity is far more than providing excellent customer service, although that’s a step in the right direction. Focus on individual customer value.

Custom 90

Custom Customer Startup Pricing 90

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

FEBRUARY 20, 2013

The days are gone when a techie or a genius could build things in his garage and customers would find and buy the product, based purely on the “wow factor” of the technology. Thus customers and partners rely more and more on personal engagement with people. New technologies are everywhere today. Make it an enjoyable experience.

Entrepreneur 111

Entrepreneur Startup Content Media 111

Startup Professionals Musings

OCTOBER 16, 2012

When I started mentoring entrepreneurs and startups a few years ago, I anticipated that I would get mostly tough technical questions, but instead I more often hear things like “Where do I start?” It doesn’t matter how good your product or service is if most of your potential customers don’t know about it. The marketplace is a war zone.

Entrepreneur 110

Entrepreneur Mentor Activity Guide 110

InfoChachkie

JUNE 3, 2013

Putting their expensive educations to good use, they aptly named their novelty product a "MouseDriver". Consistent with the statistics cited in Why Entrepreneurs Hate (Most) MBAs , the large majority of John and Kyle''s classmates accepted positions at investment banks and consulting firms upon graduation. crawl(ing) up.".

Newsletter 233

Newsletter Startup Entrepreneur Writing 233

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

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

Startup Professionals Musings

AUGUST 12, 2019

Most entrepreneurs are quick to assert to potential investors that their product or solution will kill the competition, but unfortunately your opinion alone is not enough to convince most experienced investors. Promote any inside relationships or customer base. Skip the fuzzy marketing terms, like “easier to use” and “more functions.”

Competition 86

Competition Patents Startup Custom 86

Startup Professionals Musings

NOVEMBER 22, 2012

Start early by registering your company, and reserving the name as your website domain name. Reserve the same names on the leading social networks and blogs. In business, “most important” means time to market, customer service, low cost, and beating your competitors. Create intellectual property. Manage your time.

Entrepreneur 98

Entrepreneur Social Network Startup Patents 98

Berkonomics

APRIL 8, 2021

Soon, Discord could become dominant, even before an entire generation of millennials even knows the name. It was as much in reaction to my getting blank stares from entrepreneurs when I asked the above question as it was for me to better understand the problem itself. How has this happened, and are there lessons for us in this?

Sites 156

Sites Product Social Network Press 156

Startup Professionals Musings

MARCH 10, 2019

When I started mentoring entrepreneurs and startups a few years ago, I anticipated that I would get mostly tough technical questions, but instead I more often hear things like “Where do I start?” It doesn’t matter how good your product or service is if most of your potential customers don’t know about it. The marketplace is a war zone.

Entrepreneur 92

Entrepreneur Activity Guide Patents 92

Startup Professionals Musings

MARCH 21, 2022

If every entrepreneur could predict the future, starting the right new business would be easy. million, born 1985-2004, biggest business opportunity Baby Boomers (no other name) – 70.7 Education: More students and different classes. First, a quick summary of the major U.S.

Demand 103

Demand Startup Course Summary 103

Both Sides of the Table

MAY 7, 2018

If you’re building an education startup and you don’t see any logos of education companies on the firm’s website you are likely targeting the wrong firm. As an investor I can tell you that when I meet an entrepreneur who knows very little about our fund or me as an individual it’s a huge turn off. The third-pass is geography.

Funding 215

Funding Startup Venture Capital News 215

InfoChachkie

JUNE 3, 2013

Putting their expensive educations to good use, they aptly named their novelty product a "MouseDriver". Consistent with the statistics cited in Why Entrepreneurs Hate (Most) MBAs , the large majority of John and Kyle''s classmates accepted positions at investment banks and consulting firms upon graduation. crawl(ing) up.".

Newsletter 133

Newsletter Startup Entrepreneur Writing 133

Startup Professionals Musings

OCTOBER 1, 2010

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.

Satisfaction 49

Satisfaction Custom Customer Startup 49

InfoChachkie

APRIL 9, 2012

These entrepreneurs do not risk everything, work outrageous hours and put themselves under extreme pressure because they want to. If it were a decision to be an entrepreneur, then most right-minded individuals would decide to turn back when they encountered the first inevitable startup crises. Entrepreneurs want to matter.

Startup 243

Startup Ideas Entrepreneur Statistics 243

Startup Professionals Musings

JULY 22, 2018

Too many entrepreneurs I know still believe that that their great idea will carry the startup, and they may even minimize their own value, especially if they have introvert tendencies. Yet most investors agree that the “idea” is worth nothing alone, and it’s the entrepreneur execution that counts.

Ideas 59

Ideas Marketing Startup Entrepreneur 59

socalTECH

OCTOBER 3, 2019

For years, Los Angeles-based Soylent (www.soylent.com)--which makes all-in-one meal replacement drinks, bars, and other productsdanced around the origins of the name, which is tied to a dystopian 1973 science fiction film, Soylent Green , featuring Charlton Heston. How did you decide to finally embrace the interesting origins of your name?

Marketing 100

Marketing Startup Social Media Product 100

InfoChachkie

FEBRUARY 9, 2010

If this gentleman was such a pivotal player in the early days of the PC revolution, why is he essentially unknown to most entrepreneurs under forty years old? Few young entrepreneurs know about Mr. Kildall’s contributions because of his behavior, not Mr. Gates’. Tags: Corporate Culture Entrepreneur Partnerships The Fringe.

IBM 124

IBM IBM Software Review Custom 124

Both Sides of the Table

APRIL 6, 2020

We have been advising a lot of entrepreneurs so I thought I’d “open source” some of the advice I have been sharing. The goal of the program is in the name?—?payroll As a result, many banks are only taking applications from existing customers and in some cases only customers who have existing credit arrangements.

Venture Capital 279

Venture Capital Startup Technical Review Doc 279

socalTECH

OCTOBER 23, 2012

One of the biggest complaints that local entrepreneurs have with Los Angeles has been a dearth of local sources of venture capital. Specifically, we look at digital media, healthcare IT, e-commerce, education technology and financial services. What's the best way to approach you as an entrepreneur?

Funding 253

Funding Startup Invest Commerce 253

Startup Professionals Musings

NOVEMBER 23, 2013

When I started mentoring entrepreneurs and startups a few years ago, I anticipated that I would get mostly tough technical questions, but instead I more often hear things like “Where do I start?” It doesn’t matter how good your product or service is if most of your potential customers don’t know about it. The marketplace is a war zone.

Startup 106

Startup Entrepreneur Activity Guide 106

Startup Professionals Musings

MARCH 13, 2017

When I started mentoring entrepreneurs and startups a few years ago, I anticipated that I would get mostly tough technical questions, but instead I more often hear things like “Where do I start?” It doesn’t matter how good your product or service is if most of your potential customers don’t know about it. The marketplace is a war zone.

Entrepreneur 64

Entrepreneur Activity Guide Patents 64

InfoChachkie

JUNE 18, 2012

He was primarily motivated by the educational potential of his invention, not the wealth it might generate. Some first-time entrepreneurs mistakenly believe that they are not entrepreneurs because they have never invented anything nor have they come up with a novel idea upon which a company could be built.

Ideas 221

Ideas RSS Technical Review .Net 221

Startup Professionals Musings

APRIL 14, 2014

Anyone can be an entrepreneur today, without a huge investment, bank loans, lawyers, venture capitalists, or Angels. Here are the key steps for a personal home-based business website selling your consulting service or a few products (as an alternative to eBay): Go online to reserve a website domain name. Start simple.

Startup 100

Startup Commerce Sites Blogging 100

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''s when we started looking at credit repair, online education, and others.

Startup 239

Startup El Segundo Marketing Media 239

Startup Professionals Musings

FEBRUARY 6, 2019

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.

Social Media 70

Social Media Study Guide Examples 70

Startup Professionals Musings

SEPTEMBER 12, 2013

Start early by registering your company, and reserving the name as your website domain name. Reserve the same names on the leading social networks and blogs. In business, “most important” means time to market, customer service, low cost, and beating your competitors. spirit entrepreneur startup mistakes business'

Tips 102

Tips Help Startup Blogging 102

Startup Professionals Musings

DECEMBER 11, 2015

As an angel investor, I hear many entrepreneurs making negative comments about competitors or asserting they don’t have any competitors. Smart investors, competitors and smart customers, will listen and watch carefully as you position your new offering. Use real case studies and customer feedback.

Capital 63

Capital Competition Case Study Patents 63

SoCal Delicious

MAY 6, 2012

where entrepreneurs share their stories. 63 Los Angeles Entrepreneurs To Be Proud Of By mario on May 2, 2012 in Features , grid. Free Corporations For First-Time Entrepreneurs. Right now they’re setting up 500 free corporations for first time entrepreneurs. Here are 62 63 Los Angeles entrepreneurs we can be proud of.

Los Angeles 78

Los Angeles Entrepreneur Angel Fractional CTO 78

Both Sides of the Table

APRIL 8, 2010

That view from me isn’t surprising since on the topic of Nature vs. Nurture in entrepreneurs I’ve clearly come down on the side of nature more than nurture (again, that doesn’t mean nurture has NO influence, just less than nature). They work through ROI calculations with customers. More on that later.

Startup 350

Startup Sales Framework Organization 350

Startup Professionals Musings

NOVEMBER 12, 2013

In addition, every business has operating costs, like customer acquisition, fulfillment, inventory, and customer service. In the online world, you need a solid connection between your domain name and your product, brand, or business. entrepreneur failure odds online startup strategies'

Social Media 93

Social Media Content Startup Web 93

Both Sides of the Table

MAY 13, 2013

And a few teams of super talented, educated and bright entrepreneurs make a few mill. And they might give a premium if the team has been around a longer period of time, has built some hard-to-build proprietary technology or has some customer traction. I don’t blame entrepreneurs who go for an early exit when it comes up.

Press 357

Press Startup Yahoo Venture Capital 357