Startup Professionals Musings

JANUARY 31, 2020

Yet I find a big difference between “starting a new business” and “creating a new product.” In my experience, most successful entrepreneurs have indeed created a new product, but most people who claim to be inventors have a hard time starting a business. Master of multi-platform communication and marketing.

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Startup Professionals Musings

JUNE 29, 2016

Have you noticed that the really big startup wins in the last couple of decades have come from creating and dominating new market categories, more than just new solutions? You can sell vision before you have a product, and the vision will make you the category king, and keep you there. Overtly design the ecosystem as well as product.

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Entrepreneur Marketing Design SpaceX 61

Startup Professionals Musings

JANUARY 20, 2021

Based on my experience as a business advisor, I’m convinced that most startup investors invest in the entrepreneur, as much as a solution or product. Dominate or create the market category you seek. Convince people the market needs what you have. Show, don’t tell people what your product can do.

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Startup Entrepreneur IBM IBM 162

Startup Professionals Musings

DECEMBER 31, 2018

In this age of constant market evolution and new technology, there is no such thing as a static business that is self-sustaining. Specific measures that go beyond the traditional linear thinking include the following: Develop new products for your existing segment. Too many businesses only think of new products when in crisis mode.

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TechCrunch LA

MARCH 26, 2020

While some of the largest privately held technology companies, like SpaceX and Tesla , have shifted to manufacturing ventilators, smaller companies are also trying to pitch in and relieve scarcity locally. Endless West announced this morning that it would shift production away from its distillery to begin making hand sanitizers.

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Startup Professionals Musings

MAY 21, 2016

There are a few entrepreneurs who seem to always be ahead of the rest, and are able to sense where the market is going tomorrow. Elon Musk seems to be highest on this list these days, with his record-setting order rate on the new Tesla Model 3 all-electric car, and well as groundbreaking progress on SpaceX and SolarCity.

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Entrepreneur Marketing Design Satisfaction 56

TechCrunch LA

OCTOBER 1, 2019

The new financing will give Relativity the cash to fully build its “Stargate” factory, a semi-autonomous, full-scale production facility that will house the company’s massive 3-D printers and produce its first rocket, the Terran 1. Relativity Space signs the satellite transportation company Momentus as a new customer.

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Chief Technology Officer SpaceX Los Angeles Venture Capital 168

Both Sides of the Table

MAY 17, 2017

You begin to think about how hard it will be to fund raise, sign customers, hire employees, etc. Ring is now arguably the fastest growing consumer product in the country and is now in a staggering 1 million homes in America and growing at an unbelievable clip. The first instinct is fear, then dread, then panic.

Riot Games 254

Riot Games Pricing Startup Venture Capital 254

Startup Professionals Musings

OCTOBER 19, 2015

That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. Thus it’s a waste of time for most entrepreneurs to be looking for investors until they have a product and some customer revenue. Most founders bootstrap product development.

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Startup Professionals Musings

JANUARY 30, 2019

I’m convinced this is happening because most companies don’t have the courage to keep up with the escalating rate of change in the market today. You need to make believers out of your board, employees, prospects, as well as customers. Business as usual is no longer good enough. Use your leadership to create and rally believers.

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Ideas Training Examples Organization 89

socalTECH

JULY 22, 2019

Companies like SpaceX, Blue Origin, and Rocket Lab are making access to space easy, with private launch capabilities that never existed before. If you look at SpaceX, they recently put 63 satellites into orbit on one rocket, which is a new record. We also have companies where space is not the only commercial market for them.

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Southern California Startup Entrepreneur Los Angeles 124

Both Sides of the Table

JUNE 28, 2018

My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.

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SoCal Tech Calendar

JUNE 14, 2016

In the corporate world, events are more than just an event�they are opportunity to connect with your customers and turn potential customers into buyers. We provide an event and experiential marketing platform. Our clients are large, Fortune 1000 companies, like Google, Facebook, Yahoo, Nike, JP Morgan, Lamborghini, and SpaceX.

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Sales Santa Monica Startup Orange County 100

TechCrunch LA

JANUARY 25, 2022

In the last two years, Starship’s name has been coming up a lot as a delivery partner helping companies get food order to customers at a time when delivery drivers were in shorter supply, people wanted to move around less, and generally come into less contact with humans. We are chasing delivery services around the world.

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Startup Professionals Musings

AUGUST 27, 2018

In this era of rapid market and technological change, I know I have to challenge my small business advisory clients to keep innovating and stay ahead of the game. Apple needs a product that jumps to the next curve. Customers and analysts are always looking for innovation indicators. People work on what they get measured on.

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Startup Professionals Musings

SEPTEMBER 2, 2016

For example, in the entrepreneur world there are people like Elon Musk , who has demonstrated not only innovative ideas, but also impressive results in SpaceX, Tesla Motors, and Hyperloop. In the enterprise environment, Jack Welch led GE through 600 acquisitions in emerging markets, to a market value of $280 billion.

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Startup Professionals Musings

JULY 22, 2016

Elon Musk has done it with SpaceX and Tesla, and Steve Jobs did it on a regular basis at Apple. These could include customer penetration, revenue growth, budget guidelines, and industry visibility. Announce and launch an operational product. The challenge is to do it by design like these guys, rather than by exception.

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Startup Metrics Entrepreneur Resource 56

SoCal Delicious

SEPTEMBER 19, 2012

Even though their business model was tweaked a little while ago to give customers additional leniency, the business is still expecting to break $100 million in revenue this year, up from $25 million in 2010. Given Goldenberg’s Internet marketing prowess, I’m sure JustFab will continue to shape online retail for years to come.

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Technical Review Entrepreneur Riot Games Southern California 75