August, 2022

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Is “management by walking around” an outmoded fad?

Berkonomics

Let’s set the scene. One of the CEOs I used to coach started his day by walking the floor of his extended facility and checking in with managers and employees of the various departments, especially the call center.

Outsource 156
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A16z-backed Shein challenger Cider is growing rapidly

TechCrunch LA

Shein has shown the world how combining social media marketing, data analytics, and China’s well-oiled supply chain has created a $100 billion fast fashion behemoth. Its success naturally spawns imitators and challengers.

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Snap Abandons Drone Dreams, Will Stop Developing Pixy

socalTECH

Venice-based Snap appears to be abandoning its attempt to become a maker of selfie-snapping drones, according to the Wall Street Journal. According to the report, Snap CEO Evan Spiegal said that the company will "no longer develop" the Pixy selfie-snapping drone line, although it will continue to sell the product on its website. snap drone pixy selfie snapchat social

Journal 169
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5 Ways The Right Leadership Culture Benefits Business

Startup Professionals Musings

Many entrepreneurs still don’t understand that building a business culture today of doing good, like helping people (society) and planet (sustainability), is also a key to maximizing profit. Employees and customers alike are looking for meaning, not simply employment and commodity prices.

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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MEDU takes in $4M to develop reusable personal protective equipment

TechCrunch

In otherwise normal times, hospitals generate more than 5 million tons of waste each year, according to Greenhealth.

Develop 91
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Startup San Diego Welcomes 6 New Board Members!

Startup San Diego

At Startup San Diego we’re mainly led by a volunteer group of entrepreneurs, founders, and community leaders that want to see the organization grow and create a more inclusive and innovative startup ecosystem.

More Trending

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Why an Atlanta-based Black influencer collective swapped their collab house for a studio

TechCrunch LA

From Los Angeles to Silicon Valley , a trend emerged among social media influencers and startup founders alike: move into a mansion with 10 or so collaborators, work day and night together to build fame and wealth, and hope that your new roommates do their dishes.

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Mobile Global Esports Raises $6.9M In Small IPO

socalTECH

San Clemente-based mobile esports developer Mobile Global Esports has raised $6.9M in a small IPO, the company said last week. Acording to the company, it offered up 1,500,000 shares of its common shares at a public offering pice of $4.00 per share. The IPO was run by WestPark Capital. The company says it is focused on India and other South Asian markets; the company says it holds trademark and IP rights for collegiate esports tournaments and players in India.

IP 168
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8 Ways To Create Balance Between Logic And Creativity

Startup Professionals Musings

Traditionally, the majority of entrepreneurs have been logical thinkers, problem solvers, with full attention to details. These are the stereotypical left-brain engineers.

Guide 111
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Star-studded digital avatar startup Genies launches NFT fashion marketplace

TechCrunch

Digital avatar startup Genies , known its for high-profile partnerships with celebrities such as Justin Bieber, Migos and Cardi B, has just released its long-anticipated NFT storefront, “The Warehouse.”

Geni 89
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HIRE for talent. RENT for experience.

Berkonomics

Want the best way to create your core competency quickly and inexpensively? . Think like a startup, with little resources, a limited window of time, and few dollars to spend on expensive experts. Divide the hiring decision into two boxes.

Outsource 156
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Why should you explain WHY?

Berkonomics

Remember the five “W’s?”. In my early journalism classes, I was taught the five “W’s” of good news stories, and that most should be in the first paragraph at that. Who, what, when, where and why are the five, with sometimes a “how” thrown in for those followers of the macabre.

Journal 156
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10 Tactics For Driving Disruptive Startup Innovations

Startup Professionals Musings

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)? These few seem more adept at executing market and technology turns, not just incremental evolution.

Summary 109
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5 Business Growth Drivers Facilitated By A Co-Founder

Startup Professionals Musings

In my experience, some of the best businesses have multiple partners, with complementary strengths. Starting and running a business requires many different skills and interests, and not many of us have all of them.

Mentor 109
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10 Leadership Actions To Drive Effective Team Results

Startup Professionals Musings

Getting things done effectively in a startup requires total individual and team accountability. You can’t afford excuses and multiple people doing the same job. In my view, “taking responsibility” is the core element behind accountability.

Tool 106
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Practice The Art Of The Pivot Before The Next Crisis

Startup Professionals Musings

You will be pivoting your business in your lifetime, whether you are a new startup, or a mature company like Motorola or IBM. You can count on it and plan for it, or you wait for the next survival crisis brought your way by this rapidly changing world.

IBM 105
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10 Keys To Building A Business Image To Be Remembered

Startup Professionals Musings

Every entrepreneur and business leader waits too long before really working on the legacy that he wants to leave to society and his family.

Guide 105
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8 Organizational Cultures Boost Output And Cut Costs

Startup Professionals Musings

The new era of highly connected and interactive technology is changing not only how business employees interact with customers, but also how they interact with each other, and with their company.

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6 Information Surges Raise Huge Startup Opportunities

Startup Professionals Musings

A tidal wave of valuable data is surging from the Internet and connected devices today, and the volume is growing exponentially each year.

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4 Entrepreneur Categories Hunt For Market Innovations

Startup Professionals Musings

Most entrepreneurs believe they are “different,” but they can’t quite understand how. They usually explain it by insisting that they are driven to follow their passion, need to be their own boss, want to get rich quick, or want to change the world.

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For Many New Ventures, Location Is The Key To Success

Startup Professionals Musings

Even in this age of globalization and virtualization, the geographic area where you choose to live and work can still make or break your startup business.

Oracle 103
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GrayMatter Robotics Raises $20M

socalTECH

Los Angeles-based GrayMatter Robotics, a developer of artificial intelligence and robotics technology, has raised $20M in a Series A investment, according to the company. The funding was led by Bow Capital and also included B Capital Group, Calibrate Ventures, OCA Ventures, Pathbreaker Ventures, Stage Venture Partners, and 3M Ventures, plus Swift Ventures. The company said the new funding will go towards growth and expansion, including expanding its team.

CTO 147
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10 Tips On Self-Promotion To Solidify Your Leadership

Startup Professionals Musings

During my many years of mentoring professionals and entrepreneurs in business, I more often see people focusing on how to get their ideas heard , than how to promote themselves.

Tips 101
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7 Risks Of Not Leveraging Team Member Data Analytics

Startup Professionals Musings

Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people.

Tool 101
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Avenda Health Finds $10M For Prostate Cancer Treatment

socalTECH

Culver City-based Avenda Health, a startup using artificial intelligence in the healthcare area, said it has raised $10M in a Series B funding. The funding was led by VCapital, and also included Plug & Play Ventures and Wealthing VC Club. According to Avenda Health, is is developing AI-enabled patient management software that identifies and visualizes a patient's prostate cancer. The company said the funding will go towards continued clinical evidence development.

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8 Marketing Multipliers To Boost Your Business Growth

Startup Professionals Musings

The concept of “ force multipliers ” originally was developed in military science, but certainly applies equally well to business. It refers to multiplication factors that occur when complementary actions or approaches are used together for greater impact.

Marketing 100
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7 Startup Leadership Keys To Ramp Up Team Commitment

Startup Professionals Musings

It takes an engaged team , or a group of well-connected teams , to build and run a business today. The days of a single autocratic leader are gone. In my consulting work with small businesses and startups, I find that real teamwork is still a rare commodity.

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6 Secrets To Making Your Pitch To Investors Stand Out

Startup Professionals Musings

In my role as a mentor to entrepreneurs and an angel investor, I find that too many are stuck in this myth that a good pitch, and good marketing content, should consist of more product features, and more hype on customer benefits.

Guide 99
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6 Ways To Build And Capitalize On Personal Leadership

Startup Professionals Musings

In my experience as an advisor and mentor to entrepreneurs in business, one of the biggest failures I see is a lack of self-leadership. You can’t lead a business to success, if you can’t lead yourself.

Capital 96
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10 Creativity Mistakes Jeopardize Long-Term Survival

Startup Professionals Musings

Success in any business these days requires a constant flow of new and innovative solutions, to keep up with changes in the market, competition, and to attract new customers.

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10 Principles Define You As A Design Thinking Leader

Startup Professionals Musings

As a business advisor, I strongly believe that continuous innovation and design thinking are the keys to long-term viability and success. A classic survey of design professionals shows strong agreement, but 92 percent expressed some lack of confidence in their organization’s design vision.

Design 92
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10 Ways To Prepare Your Team For Business Leadership

Startup Professionals Musings

The largest and most successful businesses of the past have been traditionally driven by autocratic and powerful leaders who managed a highly structured organization of subordinates.

Mentor 91
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10 Key Business Founder Checks Needed Before The Plan

Startup Professionals Musings

Most business advisors I know will say that writing a business plan is the first step to starting your own business, but I believe that a better first step is to do a self-analysis of your real drivers, strengths, and assumptions before committing to this lifestyle.

Writing 91
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ChargeNet Stations Names Chief Revenue Officer

socalTECH

San Diego-based ChargeNet Stations, a new company which says it is building electric vehicle (EV) fast charging stations and software, said today that it has named a new Chief Revenue Officer. The company said it has named Sharmila Ravula as Chief Revenue Officer, to help it accelerate its expansion of fast, solar-powered EV charging stations in quick-serve restaurant parking lots. Ravula previously served at such companies as Peak Power, AMS and Bosch Energy Storage.

San Diego 126
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7 Key Factors Obscure Your Customer Acquisition Costs

Startup Professionals Musings

As a business consultant and angel investor, I often ask for your own assessment of marketing ROI , or customer acquisition cost (CAC).

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Seismic Taps Salesforce Exec As CFO

socalTECH

San Diego-based sales and marketing software unicorn Seismic has tapped a former Salesforce executive as its Chief Financial Officer, the company said recently. According to Seismic, it has appointed Evan Goldstein to the CFO position, to oversee finance and legal functions at the company. The company--last valued at $3 billion--said the company now exceeds $300M in annual revenue run rate.

San Diego 116