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Southern California needs to find its hub for it to develop its own tech ecosystem

TechCrunch LA

The Alliance estimates that Southern California’s tech community could be one-third the size of Silicon Valley’s by supporting or further developing the six pillars it already has for innovation to occur.

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A heartbreaking story about time and money.

Berkonomics

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. There is an art to efficient management of a process, whether that is the process of bringing a product to market from R&D to production or developing a new product’s launch program.

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Here are ten vision tests for your success

Berkonomics

The dominant player in any niche controls pricing for all those under it, and often sets the risk profile for new entrants into the niche if the dominant player’s products or services fill the needs of customers at reasonable prices and quality. Is it the advantage of time – years of development ahead of any competitor?

Patents 291
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8 Key Startup Drivers Bring Pleasure As Well As Sweat

Startup Professionals Musings

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. Starting a business may be fun, but it’s not easy. You have figured out how to undercut your competitor’s price, and still hold your margin.

Startup 160
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6 Ways To Extend Creativity To All Areas Of Business

Startup Professionals Musings

There is a tough balance here to achieve, since a large portion of starting and running a business requires analytical, logical thinking. Many businesses have found that raising the price of a product to give it status can win more customers than a price war. Stereotyped notions block clear vision and crowd out imagination.

Ideas 171
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10 Common Startup Mistakes That Are Rarely Admitted

Startup Professionals Musings

I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Willing to start today and find resources later.

Startup 124
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Entrepreneurs Today Don’t Need A Big Budget To Start

Startup Professionals Musings

It wasn’t so many years ago that starting a new e-commerce business on the Internet was a complex custom development project, usually costing a million dollars or more. Almost anyone can start a company today on a shoestring budget, following these cost-cutting recommendations: Establish a solid legal structure for your business.