Startup Professionals Musings

APRIL 17, 2023

Luckily, not all investors are looking for the same thing, so it pays to know what type of investors are most interested in what your startup brings to the table. The key is understanding how potential investors see you, and especially how they view the maturity stage of your startup. Congratulations!

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Startup Professionals Musings

APRIL 27, 2015

If you are like most entrepreneurs I know, there just aren’t enough hours in a day to get all your own work done, as well as run the many one-hour meetings each team member seems to demand for decisions and mentoring. Team members need your critique of their work to learn, but attacking the person is never productive.

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Startup Professionals Musings

OCTOBER 30, 2012

Every entrepreneur can learn from a mentor, no matter how confident or successful they have been to date. Even one of the richest, Bill Gates , still values his friend Warren Buffett as his mentor. Yet these relationships require special efforts on both sides to be productive and satisfying.

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Startup Professionals Musings

OCTOBER 9, 2020

Due to the pervasive Internet, the scope of most successful startup teams today has become global. You need a faster and more flexible on-demand hiring strategy, based on the current gig-economy of remote freelancers, contract personnel, and specialists. Today you need that budget for market fluxuations, pandemics, and product updates.

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Startup Professionals Musings

FEBRUARY 24, 2020

One of the most stressful and unanticipated challenges that comes with starting a new business is hiring and managing employees. I just finished a new book for entrepreneurs, “ Secrets to a Successful Startup ,” by Trevor Blake, which makes the same points, based on his own real-life experience with three successful startups.

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Startup Professionals Musings

MAY 31, 2023

These haven’t changed much over the years, but still seem to be often overlooked by business professionals and leaders in their haste to keep up with peers, competitors, and customers in today’s volatile environment. The reality is that starting a business, as well is working an existing business, has always required perseverance.

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Startup Professionals Musings

MARCH 25, 2022

I agree with those of you who tell me that you learn the most from your own mistakes, but that shouldn’t keep you from starting with some best practices , and the feedback from others who have been there and done that. Start business discussions only from a positive mindset. Managing cash must always be your top priority.

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Startup Professionals Musings

SEPTEMBER 6, 2023

Unfortunately, many of the business professionals I meet these days in my mentoring and consulting activities feel perennially stressed and out of control, versus calm and satisfied with their position. They realize that their productivity is suffering, as well as their health, but they don’t know what to do about it.

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Startup Professionals Musings

AUGUST 10, 2022

Starting and running a business requires many different skills and interests, and not many of us have all of them. For example, I’m an introverted product guy who doesn’t care so much about building the personnel relationships needed to keep a motivated team. Balance of passion with reality and customer feedback. Pay attention to all.

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InfoChachkie

OCTOBER 20, 2014

According to a recent Forbes article , UC Santa Barbara''s Technology Management Program offers students a superior startup education over the University of Pennsylvania (home of Wharton), as well Harvard, Northwestern and even its acclaimed southern neighbor, the University of Southern California. Techpreneurs.

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Santa Barbara Technical Review Startup Venture Capital 258

Startup Professionals Musings

JANUARY 23, 2022

Every business needs repeatable processes to grow and thrive, but modern business processes need the right people to make them efficient and productive. The right people make productive processes, not the other way around. On the other hand, I see teams with almost no process that are tremendously productive.

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Startup Professionals Musings

NOVEMBER 30, 2022

As an investor in startups, I most often see entrepreneurs who are technologists, or at least have a real passion for a specific product. They rarely highlight their marketing and relationship skills , even though, in my experience, these are more often the key to success in business than product skills.

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Startup Professionals Musings

SEPTEMBER 25, 2022

Most entrepreneurs assume that success is dependent on their product expertise, coupled with some knowledge of how to run a business. In fact, I have found from personal experience and mentoring that both of these are necessary, but not sufficient, for building a business. Disruptive office politics start to show.

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Training Coach Startup Entrepreneur 142

InfoChachkie

JANUARY 23, 2012

1) Get A Mentor. "I "I started the site when I was 19. "When you give everyone a voice and give people power, the system usually ends up in a really good place. " Creating and sustain a successful startups is beyond difficult. Note: This is an installment in the Iconic Advice series.

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Startup Professionals Musings

JUNE 19, 2022

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. Discuss the tough ones with a mentor. Set realistic deadlines. Get a good night’s sleep.

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Startup Tips Entrepreneur Mentor 123

Startup Professionals Musings

AUGUST 18, 2021

But privately, as a mentor to many entrepreneurs, I see mindsets and attributes that may be equally critical to success, but are not readily admitted, for fear of being too wacky. You need to listen to customers on how to tune existing products, but most existing customers actually fear change and avoid new technologies.

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Startup Professionals Musings

NOVEMBER 25, 2022

After many years working in business and investing in startups, I’m convinced that the primary reason for new business and career failures is NOT a lack of skill or money, but people giving up too quickly on their dreams and goals. He went on to start many successful companies, including General Electric.

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Startup Professionals Musings

FEBRUARY 14, 2022

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. I found their five phases of the process to be compelling, based on my own years of experience mentoring startups: Nail the pain.

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Technical Review Customer Custom Entrepreneur 143

Startup Professionals Musings

MAY 15, 2019

Steve Blank via Flickr by jdlasica 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.

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Startup Technical Review Customer Custom 98

Both Sides of the Table

APRIL 1, 2020

Just two weeks into it we are just starting to come to grips with what will no doubt wreak big financial, emotional and obviously dire health consequences and suffering for many. In our personal lives we’re having to change our routines and figure out how to remain productive?—?often What do we eat? Where do we shop? What is safe?

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Startup Professionals Musings

OCTOBER 13, 2023

Yet I find in my mentoring practice that more and more team members prefer the human-centered approach and respond with more engagement and commitment. I believe that a fully engaged team is the key to both productivity and agility in the face of change. Diversity and inclusion will get you started.

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Case Study Study Startup Examples 112

Startup Professionals Musings

JULY 5, 2014

Most entrepreneurs assume that success is dependent on their product expertise, coupled with some knowledge of how to run a business. In fact, I have found from personal experience and mentoring that both of these are necessary, but not sufficient, for building a business. Disruptive office politics start to show.

Demand 92

Demand Entrepreneur Startup Training 92

Startup Professionals Musings

JANUARY 11, 2023

Successful entrepreneurs are the ones who think the most creatively, not only in their initial product or service, but more importantly all through the stages of growth from startup to maturity. Sales people tend to remember the latest product when selling to clients, not the one best for that customer. Tricked by recency.

Marketing 119

Marketing Metrics Demand Statistics 119

Startup Professionals Musings

AUGUST 16, 2021

In some cases it may be fear of retribution by the boss, but more often they just hate to disappoint others, and end up instead with high stress and low credibility in a crisis to deliver. Be sure to follow-up as promised, to maintain your credibility. Green, a noted executive coach, speaker, and CEO of Brilliance, Inc.

Startup 172

Startup Tool Coach Satisfaction 172

Startup Professionals Musings

AUGUST 13, 2016

Luckily, not all investors are looking for the same thing, so it pays to know what type of investors are most interested in what your startup brings to the table. The key is understanding how potential investors see you, and especially how they view the maturity stage of your startup. Congratulations!

Startup 67

Startup Ideas Equity Invest 67

Startup Professionals Musings

JULY 4, 2014

Luckily, not all investors are looking for the same thing, so it pays to know what type of investors are most interested in what your startup brings to the table. The key is understanding how potential investors see you, and especially how they view the maturity stage of your startup. Congratulations!

Startup 93

Startup Funding Venture Capital Ideas 93

Startup Professionals Musings

FEBRUARY 27, 2015

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. Discuss the tough ones with a mentor. entrepreneur manage startup stress workload'

Tips 107

Tips Entrepreneur Startup Mentor 107

Startup Professionals Musings

APRIL 28, 2021

Almost every entrepreneur and new business owner I mentor is certain that his/her idea has a very high probability of success, and all find it hard to believe that ninety percent of startups ultimately fail. You need the funding and support, but venture capitalists can be very demanding, and set high targets.

Technical Review 131

Technical Review Case Study Mentor Software Review 131

Startup Professionals Musings

MAY 1, 2019

Image via Pixabay As a mentor to many small business owners, I always caution them that you can never relax completely, just because your initial solution or product set appears to be getting traction, and the market buzz is positive. Follow-up on receivables and watch the terms of big orders.

Metrics 86

Metrics Startup Training Customer 86

Startup Professionals Musings

AUGUST 15, 2015

Most entrepreneurs assume that success is dependent on their product expertise, coupled with some knowledge of how to run a business. In fact, I have found from personal experience and mentoring that both of these are necessary, but not sufficient, for building a business. Disruptive office politics start to show.

Startup 103

Startup Training Coach Entrepreneur 103

Startup Professionals Musings

SEPTEMBER 9, 2013

There is no substitute for diving into the key details of a new startup. These executives won’t survive long in a startup environment. A diligent entrepreneur should certainly work the important details for his or her startup, especially when it comes to assessing any negative fluctuations in the business.

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Startup Entrepreneur Template Mentor 103

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. Don’t demand or expect immediate gratification.

Entrepreneur 63

Entrepreneur Product Startup Activity 63

TechCrunch LA

APRIL 8, 2021

This is an incredibly rewarding milestone and an apt tribute to the vision of my late mentor, Norman Rostoker,” said TAE’s current chief executive officer, Michl Binderbauer, in a statement announcing the company’s achievement. The new machine was first fired up in the summer of 2017.

Technology 354

Technology Artificial Inteligence Google Orange County 354

Startup Professionals Musings

APRIL 18, 2020

Successful entrepreneurs are the ones who think the most creatively, not only in their initial product or service, but more importantly all through the stages of growth from startup to maturity. Sales people tend to remember the latest product when selling to clients, not the one best for that customer. Tricked by recency.

Metrics 157

Metrics Demand Statistics Sales 157

Startup Professionals Musings

JUNE 3, 2016

I find that this type offers the most value to new entrepreneurs or startups in the early idea stage. Most incubators start their program with some aptitude and business acumen tests. Direction, mentoring and resources required. The best ones also charge an up-front participation fee for services provided.

Incubator 58

Incubator Startup Seed Funding Equity 58

Startup Professionals Musings

DECEMBER 21, 2019

Most entrepreneurs assume that success is dependent on their product expertise, coupled with some knowledge of how to run a business. In fact, I have found from personal experience and mentoring that both of these are necessary, but not sufficient, for building a business. Disruptive office politics start to show.

Training 123

Training Coach Startup Entrepreneur 123

Startup Professionals Musings

MAY 11, 2020

Even though the color of their money is always green, all startup investors are not the same. Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan. It’s no fun for either side.

Technical Review 124

Technical Review Funding Innocal Offshore 124