How Halla Is Using AI To Personalize Food, With Spencer Price

socalTECH

We spoke with CEO and co-founder Spencer Price to learn more about the company. Spencer Price: Halla is the only software company to dynamically profile human tastes so we can help people make better choices. Spencer Price: That's a fair question. Spencer Price: The customer experience with e-commerce has become less and less human, as algorithms on digital platform replace human interaction. Spencer Price: It's a bit of a circuitous route.

Exit timing and price: WHEN to sell? How long does it take?

Berkonomics

His groundbreaking book, “Early Exits” has become a textbook for angel groups and entrepreneurs throughout the world. His Strategic Exits Corporation provides M&A advisory services, and he is much in demand as a speaker at angel and entrepreneur events worldwide. – Dave.

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Startup Pricing: Are You Selling A Giffen Product?

InfoChachkie

In his premier film appearance in the blaxploitation send-up “I’m Gonna Git You Sucka,” Chris Rock inadvertently addresses a key pricing challenge faced by most entrepreneurs. Watch this 93-second clip and see if you can identify the pricing pitfall addressed in this humorous snippet.

5 Entrepreneur Lifestyle Drivers That Lead To Success

Startup Professionals Musings

As a startup advisor, I see many aspiring entrepreneurs whose primary motivation seems to be to work part time, or get rich quick, or avoid anyone else telling them what to do. People see you as great for demanding customers and team bonding.

7 Investor Term Sheet Demands Startups Need Not Fear

Startup Professionals Musings

Most entrepreneurs looking for an investor can tell you how much money they need, but few have given much thought to what they are willing to give up for it. For later investments, the price is equity, with a percentage of the owner stock to be assigned to the investor.

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8 All Too Painful Entrepreneur Negotiation Mistakes

Startup Professionals Musings

For example, one of the first decisions that most of you entrepreneurs face is how much equity to give to early investors, co-founders, and key new hires. Negotiating as merely haggling over the price. When negotiating, always be pleasant and persistent but not demanding.

How ZendyHealth Is Adding Price Transparency To Healthcare

socalTECH

Los Angeles-based ZendyHealth (www.zendyhealth.com) thinks it has figured out a way to help both patients and doctors by helping connect patients to doctors and specific procedures, with upfront pricing. It's an on-demand, name your own price service.

Entrepreneurs Who Improve Society Make More Profit

Startup Professionals Musings

Many entrepreneurs still don’t understand that building a business culture today of doing good, like helping people (society) and planet (sustainability), is also a key to maximizing profit. Employees and customers alike are looking for meaning, not simply employment and commodity prices.

What Tech Entrepreneurs Could Learn from Chamillionaire

Both Sides of the Table

On why you should be an entrepreneur, “A lot of people do what they have to do. He wanted to create awareness for himself to generate marketing buzz and demand and then get the retail stores to pay wholesales prices for his cds. He created demand.

Evercar: Making EVs The Vehicles Of Choice For On-Demand Drivers

socalTECH

In the world of on-demand driving�such as driving for Uber and Lyft--one of the biggest costs for drivers it the cost of owning, maintaning, fueling, and cleaning their vehicles. Why target the on-demand economy? driving for on-demand services.

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This Immigrant Entrepreneur Launched Her Billion Dollar Empire, Despite Speaking No English

InfoChachkie

Ida wasn’t even the first modern-day entrepreneur to offer women brassieres. The campaign was so successful that it ran through the 1960’s and allowed Maidenform to sell their products at premium prices, well above those of their competition. Entrepreneur Launching Venture

Entrepreneur Business Forecasts Are Not Black Magic

Startup Professionals Musings

Most aspiring entrepreneurs understand that you can’t build a business if you won’t commit to delivering a product or service, but many are hesitant or refuse to commit to any financial forecasts. This allows a quick analysis of price change and revenue impacts.

Entrepreneurs Need To Focus On The Right Skill Set

Startup Professionals Musings

His focus is on sales, but I see the same skills needed for entrepreneurs. This means all business people, especially entrepreneurs, need to get beyond the presentations and the experts, to actively listen to real customers. Value is far more than cost versus price.

How Smart Entrepreneurs Select VC / Angel Investors

Startup Professionals Musings

Too many entrepreneurs tell me they are looking for an investor, and can’t differentiate between venture capital (VC) investors versus accredited Angel investors. VCs tend to demand more control of your spending and strategic decisions, with required board seats and lower valuations.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

” It’s the most common refrain I hear from investors and even entrepreneurs these days. I think there is also no denying the role that Richard Rosenblatt has played in building the LA tech ecosystem and spawning great entrepreneurs who followed in his footsteps.

Tutors App: Flexible Tutoring Whenever You Need It

Tech.Co

We talk a lot about college entrepreneurs here at Tech.Co, but what about the younger generations? Specifically, two high school seniors in LA, Dillon Rosenblatt and Tyler Makhani, recently built out an app called Tutors , a platform for on demand tutoring.

Check Your Motivation For The Entrepreneur Lifestyle

Startup Professionals Musings

As a startup advisor, I see many aspiring entrepreneurs whose primary motivation seems to be to work part time, or get rich quick, or avoid anyone else telling them what to do. People see you as great for demanding customers and team bonding.

When Did Profit Become A Bad Word For Entrepreneurs?

Startup Professionals Musings

As a startup advisor and investor, I find that more and more entrepreneurs avoid using the term “profit” in pitching their new venture. Every entrepreneur needs a good “elevator pitch” which succinctly describes the idea, the customer value proposition, and business profit.

Be A Winning Entrepreneur In The New Sharing Economy

Startup Professionals Musings

If you are an aspiring entrepreneur, or an existing business, and haven’t yet sized any of these opportunities, you may be already late to the game. Community means more than supply and demand. Alex Stephany entrepreneur sharing economy startup

Entrepreneurs Should Rollout Local, But Plan Global

Startup Professionals Musings

New entrepreneurs who want to survive, and optimize the growth of their startups, need to think globally, and act locally, from day one. with demands for new products and services. An international brand will command higher prices and additional customer demand.

US Economic Risks (Sept 2010): Impact on Investors & Entrepreneurs

Both Sides of the Table

My advice to entrepreneurs was and is “ when the hors d’oeuvres tray is being passed take two ” (e.g. So I agreed to offer my current thinking on the economy and what it portends for the VC industry & fund raising for entrepreneurs. What does this mean if you’re an entrepreneur?

United Dwelling is one startup building something to solve California’s housing crisis

TechCrunch LA

These companies aren’t building new gaming platforms or cryptocurrency applications, but instead are trying to find ways to bring low-cost housing at an affordable price to homeowners who could use the additional income and renters who are spending increasingly more money for increasingly smaller spaces — if they can afford those homes at all. “[I] changed the price by 11 percent and walked that through and continued to move forward,” Dietz said.

Entrepreneurs Are Winning With A New Startup Model

Startup Professionals Musings

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Success demands testing the solution early and quickly in the market, then iterating to get it right.

Entrepreneurs Need To Play Favorites With Customers

Startup Professionals Musings

Every smart entrepreneur needs to realize that trying to treat every customer the same, with limited resources, may mean that you are treating them all poorly, or at least limiting your own growth. Raise prices. If you really want to see bad clients run for the hills, raise your prices.

Contract Traps Entrepreneurs Should Avoid At All Costs - Sweet Sixteen Kisses of Death

InfoChachkie

Just as Batman repeatedly avoids Poison Ivy’s kiss of death, so too must entrepreneurs avoid the Kiss of Death provisions which BDCs attempt to include in their agreements. Agree to Bundling Without a Minimum Price. Classic Post Entrepreneur Partnerships

How Entrepreneurs Can Win With Big Data

Tech Zulu Event

Entrepreneurs and startups operate within a David versus Goliath environment. There are definitely ways small startups and entrepreneurs can use data to gain a significant advantage. Entrepreneurs and Flexibility. This is a weakness entrepreneurs need to exploit.

Five Trick Questions Every Entrepreneur Should Answer Before Asking For Money

InfoChachkie

However, certain questions can be tricky for an entrepreneur to answer. Below are five common questions an entrepreneur will encounter when seeking venture funding. Intent : Investor / entrepreneur conflicts often arise when a company contemplates an exit opportunity.

ConTraps Part III – Contract Traps Entrepreneurs Should Avoid At All Costs

InfoChachkie

This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. In Part II of this series, I suggest that entrepreneurs seek agreements in which “what is good for the goose is good for the gander.”

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Why Super Pro-rata Rights are Not a Good Deal for Entrepreneurs

Both Sides of the Table

Yesterday I saw a Tweet from Chris Sacca fly by that prompted me to want to write a blog post helping entrepreneurs understand why they should push back against VCs asking for “super pro-rata” rights.

7 Keys To Positioning For Success In The Gig Economy

Startup Professionals Musings

In my view, the gig economy is a key driver to the current boom in entrepreneurship – every professional and consultant is actually a solo entrepreneur. One question I often hear from solo entrepreneurs, and she addresses directly, is “How do I set the right price for my services?”

Make More, Work Less – Create A Veblen Brand

InfoChachkie

Other Supreme apparel sells in the aftermarket for hundreds more than their retail prices, including box logo hoodies which typically sell for between $500 – $1,000. A Veblen good does not adhere to the traditional laws of price and demand. Entrepreneur

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Entrepreneurs Need to Think Global From Day One

Startup Professionals Musings

New entrepreneurs who want to survive, and optimize the growth of their startups, need to think globally, and act locally, from day one. with demands for new products and services. An international brand will command higher prices and additional customer demand.

Entrepreneurs Can Be The Key To Global Connectivity

Startup Professionals Musings

Entrepreneurs are always looking for “the next big thing,” when maybe in fact it’s a lot of little things that are only recognized after the fact as components of a big evolution or revolution. As an entrepreneur, don’t apologize for your self-interest and profit motivation.

The Connectivity Wave Needs Entrepreneur Leaders

Startup Professionals Musings

Entrepreneurs are always looking for “the next big thing,” when maybe in fact it’s a lot of little things that are only recognized after the fact as components of a big evolution or revolution. As an entrepreneur, don’t apologize for your self-interest and profit motivation.

ConTraps Part II – Contract Traps Entrepreneurs Should Avoid At All Costs

InfoChachkie

This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. Entrepreneurs should never agree to the following provisions when negotiating with a BDC, no matter how lucrative the potential relationship.

This Entrepreneur Malaise is Deadly for Any Startup

Startup Professionals Musings

There were product development problems, pricing problems, and early customers who demanded more features and delayed contractual payments. entrepreneur startup investor founder's syndrome business

Five Trick Questions Every Entrepreneur Should Answer Before Asking For Money

InfoChachkie

However, certain questions can be tricky for an entrepreneur to answer. Below are five common questions an entrepreneur will encounter when seeking venture funding. Intent : Investor / entrepreneur conflicts often arise when a company contemplates an exit opportunity.

An LA-led, public-private partnership pitches a $150B green infrastructure package to Congress

TechCrunch LA

All of that charging infrastructure and grid upgrades are in part designed to help meet the increased power demands that the proposal expects to bring onto the grid through another $25 billion in government funding for electric vehicles of all types.

Who Wants To Be A Millionaire? Every Successful Entrepreneur Should Expect The “Million Dollar Question”

InfoChachkie

Entrepreneurs who experience promising initial success also play a similar game. Nearly every successful entrepreneur is offered a relatively modest amount of money for their adVenture during its early days. Entrepreneur The Fringe Venture Capital

Who Wants To Be A Millionaire? Every Successful Entrepreneur Should Expect The “Million Dollar Question”

InfoChachkie

Entrepreneurs who experience promising initial success also play a similar game. Nearly every successful entrepreneur is offered a relatively modest amount of money for their adVenture during its early days. Tags: Entrepreneur The Fringe Venture Capital

ConTraps Part II – Contract Traps Entrepreneurs Should Avoid At All Costs

InfoChachkie

This series describes how entrepreneurs can craft company-changing agreements with BDCs, while avoiding Kiss of Death contract provisions. Entrepreneurs should never agree to the following provisions when negotiating with a BDC, no matter how lucrative the potential relationship.

4 Entrepreneurs Explain The Latest Advancements In Machine Learning

Tech Zulu Event

Four entrepreneurs share their observations and predictions for the machine revolution; exploring the advancements in tech with a crossover into finance, education, e-commerce and art. The effects of this mean reduced demand for financial personal services, and a rise of the data scientist.

The Truth About Convertible Debt at Startups and The Hidden Terms You Didn’t Understand

Both Sides of the Table

My initial reaction to Adeo when we spoke was that while it may have solved some issues (debt versus equity) it didn’t solve the ones that I’ve been warning entrepreneurs about most loudly. ” And some seed stage investors told me, “I prefer not to fight over price now.