Startup Professionals Musings

AUGUST 21, 2021

When you see startups like SpaceX and Pinterest grow from a low valuation to a billion dollars in just a few years, it’s easy to assume that if you just keep doing what you are doing, you can get there as well. Switch your focus from product development to sales. Drive productivity and engagement through shared values.

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Both Sides of the Table

SEPTEMBER 10, 2021

They might be ideas they hatch internally (via a Foundry) or a founder who just left SpaceX and raises money to search for an idea. We back very early stage companies and work alongside executive teams as their build their teams, launch their products, announce their companies and raise their first downstream capital rounds.

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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. Ability to raise money, manage it, and think in financial terms.

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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

APRIL 16, 2021

Elon Musk with Tesla and SpaceX may be the most current example of this phenomenon, but others often mentioned include Richard Branson (Virgin Group), Joe Costello (Cadence Design), and Howard Schultz (Starbucks). Great entrepreneurs remember that great design motivates and excites customers, often even more than function.

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Tech.Co

DECEMBER 29, 2023

Bobbie One startup that's proved to have the formula for success this year is Bobbie – the first infant formula to be certified as organic by the USDA, and the fastest-growing product of its kind to enter the US market since the 1980s. Organic milk formula product Bobbie. million site visits in October alone. Gumroad homepage.

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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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Startup Professionals Musings

DECEMBER 31, 2018

Specific measures that go beyond the traditional linear thinking include the following: Develop new products for your existing segment. Rather than enhancing the offering you have, develop and offer new products that capitalize on the customers that you already know well. Redefine your product to reach a new category.

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Startup Professionals Musings

OCTOBER 19, 2015

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. Business success requires customers to see a solution as exciting, and they rarely care about the technology behind it.

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Startup Professionals Musings

JANUARY 30, 2019

For example, if you and your company profess and live a commitment to environmental sustainability, like Patagonia, you will only add products that won’t harm the environment, even if other options appear to be available for a lower cost or quick availability. Courage is being able to live these values, and stick with them.

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Startup Professionals Musings

FEBRUARY 18, 2022

Elon Musk, in his drive to put people on Mars through SpaceX , has already created new reusable spaceship technologies and many other new products. Resist the hype, rumor, and gossip that our media-saturated world provides on competitors and reluctant customers. Gather more knowledge and consistently apply it.

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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. So much of our daily experience is made possible through space infrastructure.

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Startup Professionals Musings

JUNE 29, 2016

Customers are acclimating to change faster than ever before, technology is evolving very rapidly, all markets are instantly global, and the cost of entry is lower than ever. 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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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.

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Startup Professionals Musings

AUGUST 27, 2018

Apple needs a product that jumps to the next curve. Customers and analysts are always looking for innovation indicators. He didn’t wait for competitors to prove current products obsolete. Isolate new product teams from decimation by daily crises. Always be looking “around the corner” for paradigm shifts.

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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. Our clients are large, Fortune 1000 companies, like Google, Facebook, Yahoo, Nike, JP Morgan, Lamborghini, and SpaceX. How do you make those events happen?

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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 Professionals Musings

MAY 21, 2016

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. Steve Jobs never denied his failures, but didn’t hesitate to risk it all on a next turn of technology from computers to consumer products.

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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. These accelerate your productivity, but must be continually updated from positive experiences, prior failures, and active listening.

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Tech.Co

JULY 24, 2017

I suggest to customize your pitch for them. It may be the case that the engineer friend of yours at SpaceX won’t be able to join simply because she’s supporting her parents back home. Then make sure your employees have the information they need to talk about your company’s mission, product and impact.

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Both Sides of the Table

JUNE 28, 2018

The more people that see your brand as the innovator the more “earned media” the company gets and the product becomes synonymous with the category. But it is even more rare for a company to do that while also scaling its revenue at such an impressive clip and with no paid customer acquisition. Brand matters. How do they make money?

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Startup Professionals Musings

OCTOBER 11, 2023

For example, the development of reusable rocket technology by SpaceX and Amazon, who could not match NASA supplier budgets, has opened huge new opportunities in space travel and exploration. In fact, that feeling of autonomy makes everyone more productive, more loyal, and feel valued. Position challenges as future growth opportunities.

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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.

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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. Elon Musk – SpaceX, Tesla Motors, PayPal. I worthy cause, with a tough customer, the DOD. Follow PandoDaily: Search.

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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. Show, don’t tell people what your product can do. The attribute most often mentioned in this regard is supreme self-confidence or chutzpah.

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