Berkonomics

MARCH 5, 2020

In the creation of a young company, there are five principal risks to be addressed by the entrepreneur. So, it is important for the entrepreneur to identify, address and mitigate each of these in order to increase valuation and decrease the risk of ultimate loss of the business. Fourth: Financial risk. .

Outsource Development 156

Outsource Development Ideas Resource Patents 156

Startup Professionals Musings

SEPTEMBER 12, 2021

As a startup mentor and investor, I am approached regularly by aspiring entrepreneurs who assert that business plans take too much time, are inaccurate, and rarely add value. In fact, they are probably in such a hurry to give you money that they don’t want you to waste time writing anything down and passing it along to new investors.

Technical Review 126

Technical Review Writing Entrepreneur Slides 126

Startup Professionals Musings

MAY 16, 2012

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). Don’t waste your resources on the wrong ones.

Resource 94

Resource Startup Organization Incubator 94

Startup Professionals Musings

SEPTEMBER 7, 2014

As an angel investor and a mentor to aspiring entrepreneurs, I’m always disappointed to see founders who seem stressed out most of the time, and more annoyed than energized by the abundance of challenges they see in building their startup. Investors and strategic partners look for entrepreneurs who can execute.

Entrepreneur 110

Entrepreneur Startup Activity Ideas 110

Startup Professionals Musings

JUNE 15, 2013

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). Don’t waste your resources on the wrong ones.

Entrepreneur 102

Entrepreneur Funding Incubator Startup 102

Startup Professionals Musings

JANUARY 16, 2023

Successful entrepreneurs often start with a “random” idea, but they quickly focus their efforts and follow a “system” to organize their startup and maximize the clout of their activities. If you can’t write it down, you probably don’t understand it. Be a great resource for others. Find those arenas where your needs are met.

Social Media 94

Social Media Media Ideas Writing 94

Startup Professionals Musings

OCTOBER 4, 2013

Deciding to be an entrepreneur is a lifestyle move, and should be part of a long-term strategic plan. Usually that means writing something down, since it’s hard to maintain something, or track yourself against it, if it’s not written down. If you are thinking non-profit (social entrepreneur), can you rally the world around your cause?

Entrepreneur 97

Entrepreneur Startup Resource Training 97

Startup Professionals Musings

SEPTEMBER 4, 2016

As an Angel investor and a mentor to aspiring entrepreneurs, I’m always disappointed to see founders who seem stressed out most of the time, and more annoyed than energized by the abundance of challenges they see in building their startup. Investors and strategic partners look for entrepreneurs who can execute.

Entrepreneur 63

Entrepreneur Product Startup Activity 63

Startup Professionals Musings

SEPTEMBER 18, 2019

Deciding to be an entrepreneur is a lifestyle move, and should be part of a long-term strategic plan. Usually that means writing something down, since it’s hard to maintain something, or track yourself against it, if it’s not written down. If you are thinking nonprofit (social entrepreneur), can you rally the world around your cause?

Startup 94

Startup Resource Training Ideas 94

Startup Professionals Musings

SEPTEMBER 5, 2012

Deciding to be an entrepreneur is a lifestyle move, and should be part of a long-term strategic plan. Usually that means writing something down, since it’s hard to maintain something, or track yourself against it, if it’s not written down. If you are thinking non-profit (social entrepreneur), can you rally the world around your cause?

Entrepreneur 106

Entrepreneur Startup Resource Ideas 106

InfoChachkie

MAY 5, 2011

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. As noted in Frugal Is As Frugal Does , after cash, an entrepreneur’s most valuable asset is time. Paul Somerson, Author.

Outsource Development 244

Outsource Development Entrepreneur Resource Press 244

Berkonomics

MARCH 14, 2019

Especially if you are in the early stage of growing a business, these five risks can and often do derail entrepreneurs before realizing the riches of a great exit. This risk can be mitigated by finding a customer willing to purchase as soon as a proven model is completed, and willing to state this in writing. Make you wealthy someday.

Outsource Development 120

Outsource Development Ideas Resource Patents 120

Startup Professionals Musings

AUGUST 7, 2021

Most entrepreneurs avoid setting up a board of directors for their new business unless or until they sign up an investor who demands a seat on the board. High-performing startups today are the ones that use every resource at their disposal. Board rules and governance policies should be articulated in writing and voted upon.

Startup 145

Startup Entrepreneur Mentor Writing 145

Startup Professionals Musings

APRIL 22, 2020

Successful entrepreneurs often start with a “random” idea, but they quickly focus their efforts and follow a “system” to organize their startup and maximize the clout of their activities. If you can’t write it down, you probably don’t understand it. Be a great resource for others. Find those arenas where your needs are met.

Social Media 126

Social Media Media Ideas Writing 126

socalTECH

JANUARY 18, 2011

We caught up with Julie Schoenfeld , the firm's CEO, to hear about how the firm's offerings have evolved, an interesting comparison of the firm's software to what Demand Media is doing, and what this new funding will go towards. It's some of the kinds of things Demand Media does, except, for the newsroom. Congrats on funding.

Marketing 232

Marketing Funding Content Writing 232

Berkonomics

MARCH 15, 2012

In the creation of a new enterprise, there are five principal risks to be addressed by the entrepreneur. So it is important for the entrepreneur to identify, address and mitigate each of these in order to increase valuation and decrease the risk of ultimate loss of the business.

Outsource Development 200

Outsource Development Ideas Resource Patents 200

Startup Professionals Musings

MARCH 1, 2015

Deciding to be an entrepreneur is a lifestyle move, and should be part of a long-term strategic plan. Usually that means writing something down, since it’s hard to maintain something, or track yourself against it, if it’s not written down. If you are thinking non-profit (social entrepreneur), can you rally the world around your cause?

Startup 109

Startup Resource Ideas Training 109

Startup Professionals Musings

JULY 2, 2016

Most entrepreneurs avoid setting up a board of directors for their new business unless or until they sign up an investor who demands a seat on the board. High-performing startups today are the ones that use every resource at their disposal. Board rules and governance policies should be articulated in writing and voted upon.

Entrepreneur 58

Entrepreneur Startup Mentor Writing 58

Startup Professionals Musings

NOVEMBER 4, 2019

Thus, I’m more impressed with entrepreneurs who ask me to review their implementation plan, rather than listen again to their idea. There are lots of resources available for the challenge of that activity, including the Internet and mentors like me. Just because you think it’s a great idea doesn’t mean there is a business opportunity.

Ideas 94

Ideas Slides Technical Review Patents 94

Startup Professionals Musings

DECEMBER 28, 2018

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). Don’t waste your resources on the wrong ones.

Funding 94

Funding Startup Organization Incubator 94

Startup Professionals Musings

SEPTEMBER 30, 2017

Deciding to be an entrepreneur is a lifestyle move, and should be part of a long-term strategic plan. Usually that means writing something down, since it’s hard to maintain something, or track yourself against it, if it’s not written down. If you are thinking nonprofit (social entrepreneur), can you rally the world around your cause?

Startup 57

Startup Resource Training Ideas 57

Startup Professionals Musings

FEBRUARY 27, 2019

In addition, like an entrepreneur with a new business, you have to factor in all the indirect costs previously covered by employers, including training, health care, and time off for vacations. In fact, thinking like an entrepreneur is a good strategy today for success, even if you are currently in a long-term employment situation.

Startup 98

Startup Outsource Development Competition Social Media 98

Startup Professionals Musings

NOVEMBER 27, 2016

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). Don’t waste your resources on the wrong ones.

Organization 93

Organization Startup Incubator Resource 93

Both Sides of the Table

MAY 18, 2010

As a startup entrepreneur you’ll have many demands for your time. The problem is that the scarcest resource in any entrepreneur’s life is your time. “Thank you for writing to me – it’s nice to hear from you (or meet you) via email. Everyone will want you to speak at conferences.

Startup 305

Startup Venture Capital Writing Conference 305

Startup Professionals Musings

JANUARY 18, 2015

Successful entrepreneurs often start with a “random” idea, but they quickly focus their efforts and follow a “system” to organize their startup and maximize the clout of their activities. If you can’t write it down, you probably don’t understand it. If you can’t write it down, you probably don’t understand it. Marty Zwilling.

Social Media 104

Social Media Ideas Media Writing 104

Both Sides of the Table

MAY 13, 2018

Moving a VC from an A to a B doesn’t mean they aren’t still your top pick, it just means your chances are less likely and your extremely limited resources should be allocated elsewhere. People who believe the former believe that you should see the market demand before too many people know you’re “in market.” Why 8–10 and not just 3–4?

Venture Capital 332

Venture Capital Funding Startup Sales 332

Startup Professionals Musings

JUNE 9, 2011

Deciding to be an entrepreneur is a lifestyle move, and should be part of a long-term strategic plan. Usually that means writing something down, since it’s hard to maintain something, or track yourself against it, if it’s not written down. If you are thinking non-profit (social entrepreneur), can you rally the world around your cause?

Startup 94

Startup Resource Training Ideas 94

Startup Professionals Musings

OCTOBER 26, 2013

Successful entrepreneurs often start with a “random” idea, but they quickly focus their efforts and follow a “system” to organize their startup and maximize the clout of their activities. If you can’t write it down, you probably don’t understand it. If you can’t write it down, you probably don’t understand it. Marty Zwilling.

Social Media 92

Social Media Ideas Media Entrepreneur 92

Startup Professionals Musings

JULY 1, 2015

Most entrepreneurs avoid setting up a board of directors for their new business unless or until they sign up an investor who demands a seat on the board. High-performing startups today are the ones that use every resource at their disposal. Board rules and governance policies should be articulated in writing and voted upon.

Startup 103

Startup Entrepreneur Mentor Writing 103

Startup Professionals Musings

FEBRUARY 6, 2016

Successful entrepreneurs often start with a “random” idea, but they quickly focus their efforts and follow a “system” to organize their startup and maximize the clout of their activities. If you can’t write it down, you probably don’t understand it. If you can’t write it down, you probably don’t understand it.

Social Media 63

Social Media Ideas Media Writing 63

TechCrunch LA

MARCH 31, 2021

Most relevant to startups is the push to fund initiatives and technologies that can help prevent or protect against extreme wildfires; rising sea levels and hurricanes; new agriculture resource management; and “climate-smart” technologies. Wander is one-such service providing high speed wireless internet in Los Angeles.

Startup 229

Startup Technical Review Invest Research 229

Startup Professionals Musings

JANUARY 13, 2011

Some entrepreneurs start polling venture capitalists for that multi-million dollar investment before they even have a business plan. Every entrepreneur needs help and support along the way, from developing the initial idea, to selling off the successful business (exit strategy). Don’t waste your resources on the wrong ones.

Startup 92

Startup Organization Incubator Ideas 92

Both Sides of the Table

JUNE 17, 2017

To grow faster businesses need resources in today to fund growth that may not come for 6 months to a year. I often ask entrepreneurs to consider, “What’s your objective? They hired a biz dev team to work on deals where their product could be embedded in other people’s products as a way to increase customer demand.

Startup 227

Startup Venture Capital Sales Course 227

socalTECH

FEBRUARY 4, 2010

Later, when I was in the tax business at Intuit and H&R Block, running those businesses, every year we had to hire a couple hundred tax professionals, who had to unwind the tax code, and who had to write it all down to give again to developers, in order for them to interpret and provide a usable product to consumers.

Startup 150

Startup San Diego Entrepreneur Tool 150

Startup Professionals Musings

MAY 12, 2010

Deciding to be an entrepreneur is a lifestyle and career move. Usually that means writing something down, since it’s hard to maintain something, or track yourself against it, if it’s not written down. If you are thinking non-profit (social entrepreneur), can you rally the world around your cause? Assess customer demand.

Startup 53

Startup Resource Training Ideas 53

Tech Zulu Event

APRIL 17, 2012

When we think of our neighbors to the North in Canada, we think of bountiful natural resources, open land, and flannel shirts; we don’t necessarily think of tech. The major cities are dominated by industries such as oil, resource exporting, and politics.

Startup 109

Startup Incubator Seed Funding Platform 109

Both Sides of the Table

SEPTEMBER 8, 2010

I finally got around to writing it having read Fred Wilson’s post about what a CEO does. Some entrepreneurs make the mistake of never devolving power. He wanted more resources allocated to him and he would begin wondering whether he might rise in the organization. Both are basically people businesses.

Venture Capital 319

Venture Capital Startup Sales Custom 319