7 Attributes Of People With An Entrepreneur Mindset

Startup Professionals Musings

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. Don’t demand or expect immediate gratification.

Entrepreneurs Need The Right Mindset Before Products

Startup Professionals Musings

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. Don’t demand or expect immediate gratification.

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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. As a teenager he experimented with writing & producing his own rap music and received a lot of feedback from elders that he had a talent with words. He created demand.

10 Tips For Managing Entrepreneur Startup Overload

Startup Professionals Musings

One of the most common complaints I hear from entrepreneurs is that they are overwhelmed by the workload and stress of starting their company. Then there are the additional challenges of balancing the demands of family and friends. entrepreneur manage startup stress workload

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How To Snag Lunch With A High-Profile Entrepreneur

InfoChachkie

I recently received an email from a former student in which he described how he was able to secure a lunch meeting with a high-profile entrepreneur who is operating multiple ventures in parallel. He also noted that, "I probably meet with one or two aspiring entrepreneurs a month.

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.

Do You Have The Mentality To Be An Entrepreneur?

Startup Professionals Musings

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. Don’t demand or expect immediate gratification.

Savvy Entrepreneurs Look for More Than Funding

Startup Professionals Musings

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).

7 Ways That Entrepreneurs Naively Misuse Their Board

Startup Professionals Musings

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. Board rules and governance policies should be articulated in writing and voted upon. board of directors entrepreneur misuse.

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?

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.

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

Are You Ready For The Entrepreneur Lifestyle Move?

Startup Professionals Musings

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. Assess customer demand.

An Entrepreneur With No Strategic Plan is a Dreamer

Startup Professionals Musings

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. Assess customer demand.

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.

Ten Action Items to Reduce Entrepreneur Stress

Startup Professionals Musings

One of the most common complaints I hear from entrepreneurs is that they are overwhelmed by the workload and stress of starting their company. Then there are the additional challenges of balancing the demands of family and friends.

10 Entrepreneur Tips to Keep Your Health and Sanity

Startup Professionals Musings

One of the most common complaints I hear from entrepreneurs is that they are overwhelmed by the workload and stress of starting their company. Then there are the additional challenges of balancing the demands of family and friends.

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Entrepreneurs Need to Find the Best ‘Curators’

Startup Professionals Musings

Every entrepreneur is flooded with information from all directions, but despite their best efforts to absorb it, they likely miss the information really needed to start a business. and books for entrepreneurs like “Think and Grow Rich.”

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.

Reduce five risks: Increase your valuation

Berkonomics

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.

10 Key Components Of Every New Venture Strategic Plan

Startup Professionals Musings

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. Assess customer demand.

Make It Work, Now Belongs To Geek Squad

Eric Greenspan

Next, came MIW II…but before we get to that part, let me explain why I’m writing this post. We started with Citrix again, but this time, it became obvious to us that the demand was coming from the residential sector.

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My Thoughts on the Current Market: on 20-Minute VC

Both Sides of the Table

Other companies have only seen a slight decline and may be expecting demand to return to normalcy later in the year. The reality is that when unemployment sinks in demand is likely to get worse. Not anywhere nearly as hard as being an entrepreneur.

My story: Fail locally, one customer at a time.

Berkonomics

It’s good advice; the theory being that entrepreneurs can discover the flaws in their business models sooner, make course corrections and move in a more favorable direction. In my case as a young software entrepreneur, I had a different approach: Fail Locally, one customer at a time.

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Can you overcome five risks and create wealth?

Berkonomics

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. Of course, we are speaking of increased valuation of your company when we speak of “wealth.”

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. So if I write you a $500,000 check into a convertible note with a $4.5

A Perspective On When A Business Plan Adds Value

Startup Professionals Musings

As a startup mentor and investor, I am approached regularly by aspiring entrepreneurs who assert that business plans are a waste of time. They cite sources like the BusinessWeek story, “ Real Entrepreneurs Don’t Write Business Plans ” and this Forbes article.

10 Steps To A Winning Strategy For Your New Venture

Startup Professionals Musings

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. Assess customer demand.

Why Confidence is So Important in Fund Raising

Both Sides of the Table

I was recently with an entrepreneur and talking with him about his fund raising process. link] Another entrepreneur was recently in my office. If you don’t act in demand, people will subconsciously know you’re not in demand.

Entrepreneur Startup Share Depends on Contribution

Startup Professionals Musings

Providing the major funding source for an early-stage startup is a totally different dimension, but it usually trumps all the items above in demanding some equity. An important key is NOT to dodge the discussion up front, come to some agreement quickly, and write it down.

10 Guidelines For An Entrepreneurial Strategic Plan

Startup Professionals Musings

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. Assess customer demand.

10 Keys To Being A Thought Leader Across Social Media

Startup Professionals Musings

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.

What is the Definition of a Seed Round or an A Round?

Both Sides of the Table

This is something I think entrepreneurs don’t totally understand and it’s worthwhile they do. So VCs started writing some smaller A-rounds. Entrepreneurs started demanding that VCs call their first-round financings “seed” rounds even if they were $3 million.

Ten Rookie Startup Mistakes You Won’t Make

InfoChachkie

As an entrepreneur and startup investor, I have helped create companies which achieved two IPOs which collectively raised over $100 million, as well as two acquisitions which totaled $385 million. 5) Allow Partners To Write Your Agreements. Entrepreneur Strategic Planning The Fringe

Julie Schoenfeld On Perfect Market's New Funding

socalTECH

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. Right now, news organizations write off the news cycle.

Stage 32: An Education Hub For Entertainment Industry Creatives

Tech.Co

In 2000 he launched a men’s lifestyle magazine called RAZOR and served as the publication’s Editor in Chief and CEO for the next six years, pursuing acting and writing projects on the side. The continued proliferation of media network and online distribution channels has increased demand for quality content. Entertainment Industry Entertainment entrepreneurs Startups

Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

It was a pleasure to write them myself. He was a life-long entrepreneur and the first business he created out of college (actually, he founded it while he was at Caltech) was a company that manufactured high quality audio speakers. Too many entrepreneurs focus on dilution.

How to Talk About Valuation When a VC Asks

Both Sides of the Table

One of the hardest things about the fund-raising process for entrepreneurs is that you’re trying to raise money from people who have “asymmetric information.” every entrepreneur will go for the highest reasonable price with a VC they like so I at least need to put my best foot forward.

What Most People Don’t Understand About How Startup Companies are Valued

Both Sides of the Table

I’d like to explain as best I can my opinion on what is going on because most of what I hear from entrepreneurs is not only wrong but is reminiscent of what I heard in 1997-2000. ” “This will be great for VCs and bad for entrepreneurs.”

Are You Involved With Business, Or Fully Committed?

Startup Professionals Musings

Billionaire Mark Cuban writes on his blog that it took an incredible amount of commitment and work to benefit from his luck. On the other hand, I often hear from “wanna-be” entrepreneurs who dream of being their own boss, and working their own hours by running their own business.

10 Steps To Becoming A Thought Leader In Business

Startup Professionals Musings

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.

10 Keys To Turning Business Systems Into More Profit

Startup Professionals Musings

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.