InfoChachkie

MAY 26, 2016

Should millennial entrepreneurs go to college? If you believe the mythology surrounding the handful of entrepreneurs who did not obtain a degree, you may think that the path to entrepreneurial success is enhanced by avoiding college. I asked them to devise reasons an entrepreneur should remain in college.

Entrepreneur 150

Entrepreneur Case Study Education Seed Funding 150

Berkonomics

MARCH 16, 2023

As an early-stage investor, the first test for me is whether “my” entrepreneur is flexible in both the plan and execution of their vision (since from experience almost everything about a business plan changes over time), and whether that person, no matter what age or experience, is coachable. Why should we ask this question?

Coach 156

Coach Artificial Inteligence Entrepreneur Resource 156

Startup Professionals Musings

APRIL 13, 2015

Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Applied research is still primarily scientific study, seeking to solve practical problems, but doesn’t yet focus on a commercial product. Technology pilots. Business commercialization.

Develop 102

Develop Development Product Funding 102

Both Sides of the Table

OCTOBER 22, 2010

On why you should be an entrepreneur, “A lot of people do what they have to do. He studied the errors that other people had made and tried to improve on them. Cham studied early in his career how to hold the microphone, how to project his voice, how to watch the audience and pay attention to what interested them.

Entrepreneur 356

Entrepreneur Venture Capital Startup Email 356

Startup Professionals Musings

JANUARY 19, 2018

As an advisor to new business owners, and an occasional angel investor, I see new business proposals daily, many seeking investors to fund early research and development (R&D) of a new product idea. Funding new product research and development is just too risky, with a large time delay before any return is likely.

Research 57

Research Develop Development Funding 57

Startup Professionals Musings

OCTOBER 2, 2023

Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Applied research is still primarily scientific study, seeking to solve practical problems, but doesn’t yet focus on a commercial product. Technology pilots. Business commercialization.

Resource 102

Resource Ideas Funding Research 102

InfoChachkie

MARCH 2, 2015

Despite the fact that I teach entrepreneurship at UC Santa Barbara , I do not believe that entrepreneurs are created in classrooms. Instead of trying to teach students to be an entrepreneur, I expose my entrepreneurial students to tools that will help them solve real-world problems. I remind my students that, “time wounds all heels.”

Entrepreneur 100

Entrepreneur Class Course Case Study 100

Startup Professionals Musings

OCTOBER 15, 2016

Some people even believe that entrepreneurs must be born with the right genes, and no element of education is relevant. In my view, the most effective entrepreneurs are those with a background of an array of real-life experiences, both positive and negative, as well as good academic and coaching activities. Get real experience early.

Entrepreneur 98

Entrepreneur Tips Writing Coach 98

Startup Professionals Musings

JULY 1, 2017

According to my experience and a classic Gompers and Lerner study, the challenge is very real, with a majority of new ventures that don't attract investors failing within the first three years. Software apps that once required a 10-person team can now be done with the Lean Development methodology by two people in a couple of months.

Develop 70

Develop Development Product Startup 70

Startup Professionals Musings

DECEMBER 14, 2022

Aspiring entrepreneurs who struggle in a corporate environment often can’t wait to start their own company, only to find that relationships are even more critical and volatile there. The message here is not to use the public personas of leaders and entrepreneurs as the model for building and maintaining your business relationships.

Oracle 113

Oracle Entrepreneur Outsource Development Mentor 113

Startup Professionals Musings

JULY 14, 2014

According to a Gompers and Lerner study, the challenge is very real, with a majority of new ventures that don''t attract investors failing within the first three years. My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps.

Entrepreneur 113

Entrepreneur Funding Startup Technical Review 113

Startup Professionals Musings

DECEMBER 21, 2016

Contrary to what you might guess, the highest rate of entrepreneurial growth over the last few years is not Gen-Y upstarts, but Boomers over the age of 50, now called encore entrepreneurs. Here are some indicative entrepreneurial facts from recent Kauffman studies and others. percent to 24.3 percent last year.

Entrepreneur 75

Entrepreneur Technical Review Startup Technical Support 75

Startup Professionals Musings

JULY 30, 2014

Risk level has always been directly correlated to the number of unknowns, so eliminating even one variable will improve your odds: Eliminate one aspect of research and development. According to a recent Harvard Research study, first-time inventors spend at least a third more on their initial technology than later innovators.

Technology 103

Technology Entrepreneur Study Research 103

Startup Professionals Musings

OCTOBER 4, 2014

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. Yet, for those with more realistic expectations and the right motivation, the entrepreneur lifestyle can be the dream life you envisioned. Marty Zwilling.

Entrepreneur 102

Entrepreneur Organization Customer Custom 102

Startup Professionals Musings

JULY 8, 2015

According to a classic Gompers and Lerner study, the challenge is very real, with a majority of new ventures that don't attract investors failing within the first three years. My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs.

Entrepreneur 105

Entrepreneur Startup Technical Review Equity 105

Startup Professionals Musings

AUGUST 9, 2023

When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. A good tack is to sell exclusivity, or provide case studies to show return on investment and productivity.

Case Study 89

Case Study Customer Custom Study 89

Startup Professionals Musings

DECEMBER 3, 2013

Startups are the corporations of the future, so I have long believed that entrepreneurs who study existing corporate models, rather than ignoring them with disdain, will likely profit from the exercise. These are all huge challenges, as well as huge opportunities, for entrepreneurs. Societal upheaval. Stakeholder power.

Entrepreneur 103

Entrepreneur Social Media Startup Study 103

Startup Professionals Musings

DECEMBER 18, 2013

Moore titled “ Crossing the Chasm ,” but most entrepreneurs have no idea how it relates to them. Product development chasm. Another common chasm is never-ending product development. Lots of people still believe the major cost of a new product is development. chasm early adopters entrepreneur Geoffrey Moore startup'

Marketing 101

Marketing Entrepreneur Technical Review Customer 101

Startup Professionals Musings

JANUARY 22, 2017

Everyone knows and admires the leaders , including Google and Zappos, but most entrepreneurs have only a fuzzy idea of what to do to get there. Zak is the director of the Center for Neuroeconomics Studies at Claremont Graduate University, and he has studied the connection between trust and performance all over the world.

Develop 58

Develop Development Claremont Mentor 58

Startup Professionals Musings

MAY 17, 2015

How is it that only a few business leaders and entrepreneurs seem to drive exceptional results and disruptive innovation in this rapidly changing market economy (marketquake)? A classic IBM Global CEO study listed integrity and trust in the top three characteristics leaders must have in today’s business landscape.

Entrepreneur 105

Entrepreneur IBM IBM Summary 105

Startup Professionals Musings

NOVEMBER 15, 2020

When entrepreneurs introduce new products to the market, their passion and conviction often leads them to assume that every potential customer will see the immediate need and value, and will quickly adopt the solution. A good tack is to sell exclusivity, or provide case studies to show return on investment and productivity.

Case Study 174

Case Study Startup Customer Custom 174

Startup Professionals Musings

MAY 10, 2021

Most aspiring entrepreneurs believe their initial idea and inspiration requires the most important creative thinking. Experienced entrepreneurs will tell you that the initial idea is the easy part, and it’s the later implementation, and the competitive business marketing that are the real creative challenges.

Ideas 171

Ideas Patents Training Entrepreneur 171

Startup Professionals Musings

MAY 30, 2022

Early-stage entrepreneurs rightly keep their focus on creating an innovative product or service. That’s where I see too much entrepreneur burnout, growth plateaus, and founders being replaced, to their chagrin. Of course, not every entrepreneur wants to tackle this challenge. Are you enjoying your entrepreneur lifestyle today?

Sales 147

Sales Metrics Guide Startup 147

Xconomy

APRIL 11, 2017

All three were former Laguna Pharmaceuticals executives who spent the past 16 months scouting for Frazier as entrepreneurs-in-residence. As part of the financing, Kalamazoo-based Octeta Therapeutics has been rechristened Cirius Therapeutics, and three San Diego-based biotech executives are stepping into key executive roles.

Study 55

Study San Diego Entrepreneur Venture Capital 55

Startup Professionals Musings

APRIL 23, 2017

Moore titled “ Crossing the Chasm ,” but most entrepreneurs have no idea how it relates to them. Product development chasm. Another common chasm is never-ending product development. Lots of people still believe the major cost of a new product is development. Marketing and sales chasm.

Customer 76

Customer Custom Entrepreneur Technical Review 76

Startup Professionals Musings

MARCH 5, 2021

Startups are the corporations of the future, so I have long believed that entrepreneurs who study existing corporate models, rather than ignoring them with disdain, will likely profit from the exercise. These are all huge challenges, as well as huge opportunities, for entrepreneurs. Societal upheaval. Stakeholder power.

Marketing 135

Marketing Startup Entrepreneur Social Media 135

Startup Professionals Musings

JANUARY 18, 2021

Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Applied research is still primarily scientific study, seeking to solve practical problems, but doesn’t yet focus on a commercial product. Technology pilots. Business commercialization.

Help 165

Help Research Startup Funding 165

Startup Professionals Musings

JULY 9, 2022

A common request I get while mentoring entrepreneurs is for a copy of the startup checklist they need to follow, in order to build a successful new business. Nevertheless, there is nothing wrong with studying and learning from the wisdom and experience of others. I wish it was that easy. Business Process as a Service (BPaaS).

Technology 133

Technology Cloud Computing Social Media Networking 133

Startup Professionals Musings

OCTOBER 7, 2012

As a mentor and advisor to entrepreneurs, I find it’s easy to recognize “street smarts” when I see them, but it’s hard to explain the specifics to someone on the other end of the spectrum, even if they are willing to learn. Street smart entrepreneurs practice this discipline until it is not work. Watch your money.

Entrepreneur 96

Entrepreneur Activity Customer Custom 96

Startup Professionals Musings

OCTOBER 28, 2011

Most of the entrepreneurs I know realize they have some bad habits, like maybe procrastination or not listening well, so they focus on dropping these. I recommend the following six techniques for solidifying good habits from “ The Compound Effect ,” by successful entrepreneur and writer Darren Hardy: Set yourself up to succeed.

Entrepreneur 105

Entrepreneur Competition Examples Study 105

Tech Zulu Event

FEBRUARY 11, 2013

Together they envisioned a Match.com type of site for entrepreneurs to find each other and make things happen. They took the “Match.com for entrepreneurs” model literally and hired the former CTO of Match.com to create the algorithms to help predict and recommend matches. It all started with one Meetup in November 2010 in D.C.

Entrepreneur 87

Entrepreneur Santa Monica Startup CTO Hire 87

Startup Professionals Musings

SEPTEMBER 9, 2020

In my own business career, many years as a business advisor, and mentor to aspiring entrepreneurs, I have validated the following strategies to practice and guide you. On tough issues, I recommend the use of brainstorming with colleagues, to expand your efforts, and develop a half-dozen alternatives. Then pick the best one.

Satisfaction 152

Satisfaction Mentor Study Startup 152

Startup Professionals Musings

FEBRUARY 26, 2012

Most aspiring entrepreneurs believe their initial idea and inspiration requires the most important creative thinking. Experienced entrepreneurs will tell you that the initial idea is the easy part, and it’s the later implementation, and the competitive business marketing that are the real creative challenges.

Ideas 109

Ideas Entrepreneur Patents Training 109

Startup Professionals Musings

OCTOBER 1, 2022

As a mentor to many business professionals and owners, and aspiring entrepreneurs, I find a wealth of innovative ideas, but often less insight on what it really takes to transform ideas into an income stream that can excite new customers into long-term business success. It takes a wealth of hungry buyers to sustain a great business idea.

Ideas 145

Ideas Startup Case Study Writing 145

Startup Professionals Musings

JANUARY 11, 2014

For starters, the whole team needs to be constantly trained and encouraged to develop their skills. The ultimate skills, which lead to innovation and totally new processes, usually come from experimentation and special studies. business change rate comfort zone entrepreneur startup' In summary, change will happen.

Entrepreneur 110

Entrepreneur Startup Training Statistics 110

Startup Professionals Musings

MAY 3, 2021

These days, I seem to often hear from entrepreneurs who are struggling to find a mentor, or complaining about their lack of effectiveness. Most entrepreneurs view a mentor as someone older and more experienced who takes the time to personally give guidance, advice, and takes an emotional investment in your success.

Mentor 151

Mentor Coach Entrepreneur Press 151

Xconomy

APRIL 18, 2018

John Dobak, a life sciences serial entrepreneur in San Diego, said a new startup he’s leading has raised $2.66 The biotech, 10xBio, announced earlier this month that the FDA had approved its application to begin clinical trials in Phase 1b/2a studies testing the unnamed injectable drug.

San Diego 72

San Diego Study Entrepreneur Startup 72