Startup Professionals Musings

NOVEMBER 30, 2020

There has long been a big debate about the best approach to starting a new business. Some argue the only way to start is to drop everything and jump in with both feet, while others recommend an overlapped approach to the lifestyle, including not quitting your day job until you have revenue and a proven business model.

Startup 128

Startup Entrepreneur Satisfaction News 128

Startup Professionals Musings

MAY 6, 2023

Perhaps that was once true, but in this age of the worldwide Internet, big data, and pervasive business intelligence in every industry, you can use the following steps to get the data you need with very little time and cost: Start your research with Google. Conduct your own customized market research.

Statistics 120

Statistics Research Report Newsletter 120

Startup Professionals Musings

OCTOBER 16, 2023

Thus, financial projections for up to five years are a necessary element in every business plan. Per the words of an old country song, “if you don’t know where you’re going, you will probably end up somewhere else.” If you are losing money on every unit, it’s hard to make it up in volume. Forecast sales-volume expectations.

Startup 116

Startup Pricing Sales Statistics 116

Startup Professionals Musings

AUGUST 18, 2023

There has long been a big debate about the best approach to starting a new business. Some argue the only way to start is to drop everything and jump in with both feet, while others recommend an overlapped approach to the lifestyle, including not quitting your day job until you have revenue and a proven business model.

Startup 102

Startup Satisfaction Entrepreneur News 102

Startup Professionals Musings

NOVEMBER 22, 2020

One of the biggest myths I have found in the entrepreneur community is that every startup needs one or more outside investors for credibility and success, and perhaps is even entitled to at least one. Draw up a list of the best prospects, and put together your best story for follow-up. But don’t wait for them to contact you.

Funding 173

Funding Tips Startup Statistics 173

Startup Professionals Musings

APRIL 14, 2023

When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Either could improve the statistic that half of startups fail within the first five years. So why do most startups fail?

Startup 135

Startup Entrepreneur Statistics Course 135

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

AUGUST 14, 2020

Perhaps that was once true, but in this age of the worldwide Internet, big data, and pervasive business intelligence in every industry, you can use the following steps to get the data you need with very little time and cost: Start your research with Google. Conduct your own customized market research.

Marketing 157

Marketing Statistics Research Report 157

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. His professional background includes having held marketing-executive roles at big companies as well as startups. Social-media advertising. Email marketing. Cold calling.

Marketing 114

Marketing Invest Social Media SEM 114

Startup Professionals Musings

MAY 25, 2020

The last thing a new entrepreneur wants to think about for a new startup is how it will end. Startups with no exit planned will minimize investor returns. Most entrepreneurs like the startup role, but not the big-company role. Yet one of the first things a potential equity investor asks about is your exit strategy.

Startup 150

Startup Technical Review Equity Statistics 150

Startup Professionals Musings

MAY 8, 2022

Most entrepreneurs struggle with many startup founders quandaries in building their business, and these key dilemmas are probably the biggest source of pain and failure for the entrepreneur lifestyle. People may jump into the lifestyle to be their own boss, achieve great wealth, start a new trend, or all the above.

Startup 130

Startup USC Entrepreneur Statistics 130

SoCal CTO

MAY 21, 2012

" I realized that I've never captured topics that I've covered (I'm always willing to look at other topics), nor have I put up my speaker bio. So, here goes: Dr. Tony Karrer Over the past 15 years, Tony has been a part-time CTO for more than 30 startups. Tony has a Ph.D. He is a frequent speaker at trade and industry events.

CTO Hire 175

CTO Hire Startup Metrics eHarmony 175

Startup Professionals Musings

AUGUST 30, 2021

Making the decision to start your own business is a major commitment, with huge implications for skills and lifestyle. These are not valid reasons to start a business. But if you're focused on solving a real problem, believe you can do it better than anyone else, and confident in wearing many hats, you have the right start-up mindset.

Entrepreneur 169

Entrepreneur Startup Statistics Guide 169

Tech.Co

AUGUST 16, 2017

Finding potential customers continues to be a huge challenge not only for established marketing and sales teams but also for startup executives and solo entrepreneurs. Here are some of our top recommendations to get you started: Email Finder Tool – Voila Norbert. Pricing: Valet – up to 1000 leads/month, $49.

Tool 81

Tool Startup Help Template 81

Tech.Co

JANUARY 10, 2018

If you’re needing some tips to jumpstart your strategy and attract female consumers, take this advice from these female startups founders. “Focusing on emotion is key when communicating with female customers. Most importantly, humor can get customers talking about your product or service. Connect With Your Customers.

Tips 71

Tips Customer Custom Dollar Shave Club 71

Startup Professionals Musings

FEBRUARY 26, 2022

Now, even the earliest stage startup can rise to visibility or be forever lost by their first media spotlight, so it behooves us all to know the rules early. Message supports are stories, statistics, and sound bites that reinforce your message. It could be a product quality problem, or a major customer complaint on Twitter.

Media 118

Media Tips Social Media Startup 118

TechCrunch LA

MARCH 27, 2021

That’s how much Los Angeles-based ServiceTitan , a startup founded just eight years ago is worth now, thanks to some massive tailwinds around homebuilding and energy efficiency that are serving to boost the company’s bottom line and netting it an unprecedented valuation for a vertical software company, according to bankers.

SaaS 292

SaaS Glendale Statistics Los Angeles 292

Startup Professionals Musings

AUGUST 5, 2023

One of the biggest myths I have found in the entrepreneur community is that every startup needs one or more outside investors for credibility and success, and perhaps is even entitled to at least one. Draw up a list of the best prospects, and put together your best story for follow-up. But don’t wait for them to contact you.

Statistics 98

Statistics Entrepreneur Funding Social Media 98

Startup Professionals Musings

JULY 9, 2021

As a mentor to startups and new entrepreneurs, I continue to hear the refrain that business plans are no longer required for a new startup, since investors never read them anyway. For aspiring entrepreneurs, or if your last startup failed, it’s all about standing out above the crowd of others like you, and demonstrating your readiness.

Entrepreneur 156

Entrepreneur Tips Funding Startup 156

socalTECH

SEPTEMBER 16, 2019

San Diego-based Deckard Technologies , a new startup founded by serial entrepreneur Neil Senturia, said on Monday that it has raised $4M in funding and launched a new company focused on using artificial intelligence (AI) to identify property tax scofflaws.

Artificial Inteligence 153

Artificial Inteligence Software Technology Riverside 153

Startup Professionals Musings

OCTOBER 21, 2022

Yet according to other statistics, vanishing few of these ever generate a significant profit. The ideal business model is to establish a direct-to-consumer service that enables you to bill the customer directly. Just getting an app accepted into the Store won’t get it found and downloaded by your targeted customers.

Develop 138

Develop Development Platform Mobile 138

Startup Professionals Musings

JULY 18, 2020

When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Either could improve the statistic that half of startups fail within the first five years. So why do most startups fail?

Entrepreneur 121

Entrepreneur Startup Statistics Course 121

Startup Professionals Musings

NOVEMBER 6, 2020

It seems that most of you entrepreneurs I meet in my role as business advisor are convinced that starting a new business requires equity investors, exponential growth, and a plan to go public via IPO. If your passion is customers, you definitely will be happier as a lifestyle entrepreneur. Use flexibility to match your lifestyle.

Statistics 124

Statistics Equity Satisfaction Entrepreneur 124

Startup Professionals Musings

MAY 31, 2015

It’s enough to drown any business which tries to fight it or ignore it, and it’s an opportunity to ride higher and faster than even the successes of Google and Facebook, for those startups that use it as their driving force. For startups, this is an engagement opportunity worth billions of dollars. Big data:” learning from the flood.

Startup 106

Startup Social Media Entertainment Metrics 106

Startup Professionals Musings

SEPTEMBER 26, 2018

One of the big decisions every aspiring entrepreneur has to make is when to quit your current job to devote yourself fulltime to your new startup. Others wait until the new business starts to generate revenue and profit before making the move. In my experience as a startup advisor, I find the minimum time to revenue is at least a year.

Startup 153

Startup Entrepreneur Ideas Statistics 153

socalTECH

JANUARY 7, 2013

Among other statistics, CallFire said it billed its customers for more than 185 million minutes in 2012; the firm offers up those minutes starting at 3.5 cents per minute. CallFire is led by Dinesh Ravishanker. READ MORE>>.

Santa Monica 173

Santa Monica Statistics Startup Report 173

Startup Professionals Musings

MAY 6, 2020

I’m sure all of you are convinced that your new business will create the next trend and ride the wave to success, but the reality is that most startups fail , so anticipating future trends is clearly harder than it seems. Smart entrepreneurs continually test their perceptions against those of customers, outside leaders, and experts.

Startup 124

Startup Customer Custom Statistics 124

Startup Professionals Musings

MAY 10, 2014

When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Either could improve the statistic that most startups fail within the first five years. So why do most startups fail?

Startup 110

Startup Entrepreneur Statistics Course 110

Startup Professionals Musings

JULY 31, 2023

Once you learn how to make things happen in your own life, starting a business is easy. Always start your goals with “I,” and put yourself as responsible for each goal. The reality is that everyone wants to help – friends, investors, even customers, but you have to take the initiative. Follow up and finish something every day.

Writing 92

Writing Ideas Startup Entrepreneur 92

Startup Professionals Musings

JANUARY 9, 2022

Most startups, and many big businesses, still don’t have a clue on how to use social media productively for marketing their business. This can be customer acquisition cost, revenue growth, profit, or whatever other parameters are key to your success. Pick the ones that fit your desired outcome. Iteratively execute and measure results.

Social Media 135

Social Media Framework Media Metrics 135

Startup Professionals Musings

AUGUST 28, 2016

Perhaps that was once true, but in this age of the worldwide Internet, big data, and pervasive business intelligence in every industry, you can use the following steps to get the data you need with very little time and cost: Start your research with Google. Conduct your own customized market research.

Marketing 59

Marketing Startup Statistics Research 59

TechCrunch LA

SEPTEMBER 7, 2021

Created in 2014 and acquired by Dentsu in 2019, MuteSix was recommended to TechCrunch by Rhoda Ullmann, VP Consumer at Sense, a Boston-based startup building a home energy monitor. DTC entrepreneurs are more focused on immediate impact, because if they’re not selling product, there’s no large brand propping them up.

Commerce 211

Commerce Content Marketing Startup 211

Startup Professionals Musings

JANUARY 11, 2021

Many first-time entrepreneurs find themselves unable to bootstrap their startups, and also unable to find early funding at the venture capital level or even with angel investors. The average amount per startup has been $23,000, usually in the form of a convertible loan, rather than an equity investment.

Funding 138

Funding Startup Equity Invest 138

InfoChachkie

JUNE 3, 2013

Upon graduation from Wharton, John and Kyle launched a startup based upon a simple, pedestrian product: a computer mouse shaped like the head of a golf driver. However, a number of them wanted to vicariously experience the startup world through John and Kyle''s venture. It''s gonna highlight our emotions, our ups and our downs.

Newsletter 233

Newsletter Startup Entrepreneur Writing 233

Startup Professionals Musings

DECEMBER 6, 2017

It’s enough to drown any business which tries to fight it or ignore it, and it’s an opportunity to ride higher and faster than even the successes of Google and Facebook, for those startups that use it as their driving force. For startups, this is an engagement opportunity worth billions of dollars. Big data:” learning from the flood.

Startup 55

Startup Social Media Entertainment Metrics 55

Tech.Co

DECEMBER 4, 2020

Under Hsieh’s leadership, Zappos revolutionized the apparel industry, and e-commerce in general, by being one of the first to prioritize customer satisfaction and service. To build trust in e-commerce with the greater public, his company came up with innovative ideas and fostered new customer behaviors.

Commerce 207

Commerce Statistics Customer Custom 207

Startup Professionals Musings

APRIL 6, 2014

It’s enough to drown any business which tries to fight it or ignore it, and it’s an opportunity to ride higher and faster than even the successes of Google and Facebook, for those startups that use it as their driving force. For startups, this is an engagement opportunity worth billions of dollars. zettabytes by the year 2016.

Startup 99

Startup Social Media Entertainment Metrics 99