Startup Professionals Musings

AUGUST 22, 2014

Many entrepreneurs are so enamored with their product vision that they believe their own hype, and are convinced that the market for their solution is so huge that no one will ask them for independent market-research data. Conduct your own customized market research. Modern libraries are still worth a visit.

Marketing 97

Marketing Entrepreneur Statistics Research 97

Startup Professionals Musings

AUGUST 19, 2022

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. It’s the same for customers and products, where analytics have long proven their value.

Tool 121

Tool Statistics Entrepreneur Metrics 121

Startup Professionals Musings

APRIL 16, 2023

Contrary to popular opinion, viral marketing has not eliminated the need for old-fashioned lead generation to bring customers to a startup. Display ads on mobile devices, including video and audio, also offer a new opportunity to reach target customers. Technology and consumer feedback have indeed changed the landscape.

Marketing 114

Marketing Invest Social Media SEM 114

InfoChachkie

JUNE 16, 2016

Entrepreneurs create their own jobs, why shouldn’t they also create their own degrees? As described in Should Millennial Entrepreneurs Skip College? most young entrepreneurs benefit greatly from the college experience. Custom Wharton Degree. This list is intended to cover non-obvious courses relevant to entrepreneurs.

Entrepreneur 100

Entrepreneur Class Course Writing 100

Startup Professionals Musings

SEPTEMBER 24, 2014

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. I don’t have a business plan, but the technology is disruptive.” business business plan entrepreneur investor technology'

Entrepreneur 119

Entrepreneur Technical Review Statistics Startup 119

socalTECH

MAY 17, 2018

The insurance industry is an old industry, with a lot of contradictions--it's one where the more claims insurers pay to help customers, the less money the insurers make--and it's also one that hasn't been disrupted much yet by technology. Is it possible to use technology to replace the age-old system currently in use in insurance?

Technology 165

Technology Startup West Los Angeles Platform 165

Startup Professionals Musings

AUGUST 15, 2022

According to what I see, as outlined by Surdak, this data surge is being driven by the following six technological and social trends: Mobility: smartphones, tablets, and the “Internet of things.” This gives rise to the personalization and customization that we all want. Crowdsource: putting your audience to work beyond customers.

Startup 126

Startup Social Media Entertainment Metrics 126

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.

Customer 104

Customer Custom Startup Competition 104

Startup Professionals Musings

DECEMBER 18, 2022

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. I don’t have a business plan, but the technology is disruptive.” Both of these approaches are a waste of your time and theirs.

Technical Review 109

Technical Review Startup Statistics Social Media 109

Startup Professionals Musings

SEPTEMBER 15, 2018

Many entrepreneurs are so enamored with their product vision that they believe their own hype, and are convinced that the market for their solution is so huge that no one will ask them for independent market research data. Conduct your own customized market research. Modern libraries are still worth a visit.

Research 87

Research Marketing Statistics Report 87

Startup Professionals Musings

MAY 6, 2020

For example, Lyft and Uber were able to capitalize on the current ride-sharing trend worldwide by tracking statistics that indicated reduced interest in car ownership by millennials, lack of parking spaces, and auto ownership costs moving up rapidly. Spend more time outside the business, looking for trends.

Startup 124

Startup Customer Custom Statistics 124

Startup Professionals Musings

JULY 14, 2013

Making the decision to become an entrepreneur is a major commitment, with huge implications for skills and lifestyle. Therefore, the least you can do is take advantage of some of the self-assessment tools and guides around, like “ The Entrepreneur Equation ,” by Carol Roth, which highlights personal characteristics and skills required.

Entrepreneur 114

Entrepreneur Startup Statistics Guide 114

Startup Professionals Musings

MARCH 6, 2020

In my work with you as an entrepreneur or small business owner, I find that most understand the need try out new business models and product innovations, but trust their intuition rather than running a disciplined business experiment first. In addition, even a small sample size shows statistically valid results for large changes.

Sample 124

Sample Customer Custom Tool 124

Startup Professionals Musings

OCTOBER 1, 2012

Based on my experience as a mentor and an entrepreneur, if you fail on your first startup, you are about average. Every young entrepreneur knows implicitly that startup success is a long hard road. Statistics show that the failure rate for new startups within the first 5 years is as high as 50 percent. Execution skills are weak.

Entrepreneur 109

Entrepreneur Ideas Resource Statistics 109

Startup Professionals Musings

NOVEMBER 15, 2019

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. It’s the same for customers and products, where analytics have long proven their value.

Metrics 98

Metrics Tool Statistics Entrepreneur 98

Startup Professionals Musings

MARCH 21, 2020

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. I don’t have a business plan, but the technology is disruptive.” Both of these approaches are a waste of your time and theirs.

Technical Review 124

Technical Review Statistics Startup Social Media 124

Both Sides of the Table

OCTOBER 17, 2019

Invoca is now doing 10s of millions in recurring revenue and is growing > 75% year-over-year but it took the first 3 years to really build out the technology and acquire our initial enterprise clients. If I use Invoca as an example: we handle tens of millions of phone calls for customers who want to drive sales calls into call centers.

Venture Capital 223

Venture Capital IP Startup Google 223

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 Customer Custom Startup 49

socalTECH

APRIL 4, 2013

That''s how recruiting works now, and continues to work with our technology. Why is technology important here? Coaches are looking to use technology more efficiently, so they can connect in a more effective manner with the people they want to, but still have the rules around our industry and how the industry operates.

Coach 252

Coach USC Statistics Startup 252

Startup Professionals Musings

AUGUST 28, 2016

Many entrepreneurs are so enamored with their product vision that they believe their own hype, and are convinced that the market for their solution is so huge that no one will ask them for independent market research data. Conduct your own customized market research. Modern libraries are still worth a visit.

Marketing 59

Marketing Startup Statistics Research 59

socalTECH

AUGUST 29, 2013

Can tapping the power of the crowd not only help you find customers and help fund your project, but also help you shape your startup idea and find funding? Dirk Ahlborn: We are coming out of the nonprofit incubator, the Girvan Institute of Technology, which has been around since 2002, and is funded by NASA Ames. What is JumpStartFund?

Ideas 178

Ideas Patents Funding Startup 178

Startup Professionals Musings

FEBRUARY 25, 2019

The ideas are endless, but we need more smart entrepreneurs to implement them. Entrepreneurs with an eye on the environment can readily spot examples of inefficient material, water, or energy usage. Today, statistics find that big trucks are sitting idle or deadheading empty as much as 50 percent of the time.

Artificial Inteligence 79

Artificial Inteligence Resource Examples Startup 79

Tech Zulu Event

FEBRUARY 4, 2013

Geared towards artists, entrepreneurs and innovators, crowdfunding is a great way to get any projects off the ground, be it startup, movie, music or invention. It is the most viable way to not only get project funding but more importantly to get customer validation. Technological Product. Web Series. Music Project. Art Project.

Statistics 90

Statistics Entertainment Google Web 90

Startup Professionals Musings

OCTOBER 5, 2015

I challenge any entrepreneur, for example, to define the difference between "seed-stage" and "early-stage" financing. Asking for early-stage money before you have customers and revenue will likely kill your credibility with real investors. Most investors won’t touch a first-time entrepreneur at this stage.

Funding 104

Funding Venture Capital Startup Seed Funding 104

Startup Professionals Musings

DECEMBER 10, 2017

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. It’s the same for customers and products, where analytics have long proven their value.

Tool 53

Tool Entrepreneur Statistics Metrics 53

Startup Professionals Musings

NOVEMBER 8, 2015

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. I don’t have a business plan, but the technology is disruptive.” Both of these approaches are a waste of your time and theirs.

Technical Review 109

Technical Review Entrepreneur Startup Statistics 109

Startup Professionals Musings

MAY 31, 2015

According to what I see, as outlined by Surdak, this data surge is being driven by the following six technological and social trends: Mobility: smartphones, tablets, and the “Internet of things.” This gives rise to the personalization and customization that we all want. Crowdsource: putting your audience to work beyond customers.

Startup 106

Startup Social Media Entertainment Metrics 106

socalTECH

MARCH 31, 2014

Bitvore is based in Irvine, and is backed by serial entrepreneur Yuri Pikover, as well as other angels. Tell me about Bitvore - what''s your technology used for? Where did all of that technology come from? Jeff Curie: It is a very advanced piece of technology. That''s the unique nature of this technology.

Orange County 245

Orange County Startup News IBM 245

socalTECH

MAY 30, 2019

Richards--a serial entrepreneur who has been involved in a number of technology companies here, including NTI Group (sold to Blackboard), Internships.com, MP3.com, Now we have a thousand large companies into it, and if you name a big company, they're a customers of ours, from Starbucks to NASA. That's been very effective.

Content 193

Content Social Network Coach Help 193

Startup Professionals Musings

JUNE 5, 2014

Sponsored by VISA Business With all the new technology available today for video conferencing, interactive social media, and webinars, you may think that travel is no longer a requirement for starting a small business. It’s amazing how much more you can learn face-to-face, compared to an analysis of aging statistics alone.

Startup 100

Startup Tips Mentor Conference 100

Startup Professionals Musings

FEBRUARY 24, 2017

Most of the guidance you see for entrepreneurs is aimed at those who are selling a product (Apple, Tesla, Xiaomi), or selling a service (Uber, Airbnb, Snapchat). The “product” value is difficult to quantify, the costs are nebulous, and entrepreneurs have to clone themselves to scale the business.

Social Media 56

Social Media Pricing Technical Review Demand 56

Startup Professionals Musings

AUGUST 17, 2018

Contrary to popular opinion, viral marketing has not eliminated the need for old-fashioned lead generation to bring customers to a startup. Display ads on mobile devices, including video and audio, also offer a new opportunity to reach target customers. Technology and consumer feedback have indeed changed the landscape.

Social Media 55

Social Media SEM Startup Advertising 55

Startup Professionals Musings

MARCH 5, 2018

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. I don’t have a business plan, but the technology is disruptive.” Both of these approaches are a waste of your time and theirs.

Funding 62

Funding Technical Review Entrepreneur Startup 62

Startup Professionals Musings

APRIL 6, 2014

According to what I see, as outlined by Surdak, this data surge is being driven by the following six technological and social trends: Mobility: smartphones, tablets, and the “Internet of things.” This gives rise to the personalization and customization that we all want. Crowdsource: putting your audience to work beyond customers.

Startup 99

Startup Social Media Entertainment Metrics 99

Startup Professionals Musings

DECEMBER 6, 2017

According to what I see, as outlined by Surdak, this data surge is being driven by the following six technological and social trends: Mobility: smartphones, tablets, and the “Internet of things.” This gives rise to the personalization and customization that we all want. Crowdsource: putting your audience to work beyond customers.

Startup 55

Startup Social Media Entertainment Metrics 55

Startup Professionals Musings

JANUARY 20, 2017

I have found that the most successful entrepreneurs and business executives have an impressive work ethic, and they surround themselves with a team of comparable commitment. These will provide the competitive edge you need with customers and less-focused team members. You need positives to radiate to the team, partners, and customers.

Funding 55

Funding Satisfaction Customer Custom 55

Both Sides of the Table

MAY 21, 2017

I was influenced heavily before my career even began because in my undergraduate work I took a ton of statistics classes that showed how easily we human brains fall prey to easy biases and slights of data and try to draw conclusions that don’t exist. Coming back with an empty chamber for the third battle is much worse than not coming back.

Venture Capital 182

Venture Capital Statistics Writing Report 182