Startup Professionals Musings

MARCH 5, 2023

In my experience with entrepreneurs, there seems to a wealth of self-proclaimed “idea people” who aspire to start businesses, but only a few who are willing and able to dig in and get the job done. All the great ideas in the world won’t make a business, if the ideas never get implemented.

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Startup Ideas IBM IBM 155

Startup Professionals Musings

OCTOBER 9, 2021

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.

Entrepreneur 149

Entrepreneur Tips Writing Coach 149

Startup Professionals Musings

MAY 5, 2023

Technology is so key to every business these days that experienced business-smart but non-tech entrepreneurs are feeling deeper and deeper in the hole. Only one component of running a business is managing technology, but it is a critical component, so no entrepreneur can afford to ignore it or totally delegate it.

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Entrepreneur Technology High Tech Startup 104

Startup Professionals Musings

DECEMBER 13, 2021

In my role as mentor to many of you aspiring entrepreneurs, I often find you convinced that all you need to start is a unique innovation or idea , and now you are ready to jump in with both feet and enjoy the ride. Remember that being an entrepreneur is all about starting and running a business, after the initial invention.

Satisfaction 135

Satisfaction Entrepreneur Startup Mentor 135

Startup Professionals Musings

JULY 6, 2020

One of the simplest questions I get from aspiring entrepreneurs, and ironically one of the hardest, is “How do I start?” I want to tell them to just start anywhere, but I realize that most have no idea where anywhere is. They just aren’t prepared for the life they want, and are really asking me how to learn to be an entrepreneur.

Entrepreneur 137

Entrepreneur Tips Startup Education 137

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. But instability is also an opportunity to prosper.

Marketing 135

Marketing Startup Entrepreneur Social Media 135

InfoChachkie

MAY 7, 2012

Ideas are infinite, and in the absence of competent execution, they are worth nothing. Thus, if both ideas and money are abundant, what is the scarce constraint in the fundraising equation? Skilled entrepreneurs bring ideas and money together by building a bridge of trust.

Ideas 251

Ideas Venture Capital Education Entrepreneur 251

Startup Professionals Musings

JULY 22, 2018

Too many entrepreneurs I know still believe that that their great idea will carry the startup, and they may even minimize their own value, especially if they have introvert tendencies. Yet most investors agree that the “idea” is worth nothing alone, and it’s the entrepreneur execution that counts.

Ideas 59

Ideas Marketing Startup Entrepreneur 59

Startup Professionals Musings

JULY 18, 2020

When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Nothing is more discouraging to aspiring entrepreneurs than the high failure rate. My idea is just too far ahead of its time.” I’m not enjoying this anymore.”

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Entrepreneur Startup Statistics Course 121

Startup Professionals Musings

MAY 9, 2015

In my experience with entrepreneurs, there seems to a wealth of self-proclaimed “idea people” who aspire to start businesses, but only a few who are willing and able to dig in and get the job done. All the great ideas in the world won’t make a business, if the ideas never get implemented.

Ideas 115

Ideas Startup IBM IBM 115

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

APRIL 2, 2023

One of the simplest questions I get from aspiring entrepreneurs, and ironically one of the hardest, is “How do I start?” I want to tell them to just start anywhere, but I realize that most have no idea where anywhere is. They just aren’t prepared for the life they want, and are really asking me how to learn to be an entrepreneur.

Startup 108

Startup Education Entrepreneur Tool 108

Startup Professionals Musings

APRIL 1, 2023

Too many entrepreneurs I know still believe that that their great idea will carry the startup, and they may even minimize their own value, especially if they have introvert tendencies. Yet most investors agree that the “idea” is worth nothing alone, and it’s the entrepreneur execution that counts.

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Startup Ideas Social Network Technical Review 117

Startup Professionals Musings

AUGUST 16, 2013

The ultimate compliment that any entrepreneur can get is that they can “see around corners.” This is a statement that they are willing and able (and successful) at projecting market and technology turns, not just straight-line innovations. They have the courage to make bold decisions, often contrary to conventional market research.

Entrepreneur 102

Entrepreneur Marketing Startup Design 102

Startup Professionals Musings

APRIL 14, 2023

When I heard a friend and business mentor say, “Your startup won’t fail if you don’t quit,” I realized that every entrepreneur should adopt “never give up” as their mantra. Nothing is more discouraging to aspiring entrepreneurs than the high failure rate. My idea is just too far ahead of its time.” I’m not enjoying this anymore.”

Startup 135

Startup Entrepreneur Statistics Course 135

Both Sides of the Table

JUNE 2, 2011

Thiel and friends will also agree to mentor these young entrepreneurs. So is this a good idea? We need to take some risks in education and in innovation in this country so anybody that it trying to break through the traditional mold and try to create a new model ought to be lauded, not attacked. Education is self discovery.

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Education Startup Incubator Class 322

SoCal Tech Calendar

MAY 2, 2019

The New Venture Fair (NVF) is a valuable part of Cal Lutheran's entrepreneur education experience, in which student teams share their innovative startup projects in a competitive environment. The NVF is a dynamic and exciting evening where the community gets its first look at Cal Lutheran's exceptional student entrepreneurs.

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Education Ideas Competition Entrepreneur 100

Startup Professionals Musings

JULY 23, 2023

As a startup advisor and investor, I’ve heard and seen hundreds of pitches from entrepreneurs, and the majority of founders are convinced that if you will just give them an hour or more time, you will love their business. Great ideas solve big problems, preferably painful needs that people will readily be willing to pay money for a solution.

Startup 96

Startup Education Ideas Custom 96

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

JULY 16, 2016

Too many entrepreneurs I know still believe that that their great idea will carry the startup, and they may even minimize their own value, especially if they have introvert tendencies. Yet most investors agree that the “idea” is worth nothing alone, and it’s the entrepreneur execution that counts.

Entrepreneur 58

Entrepreneur Marketing Startup Ideas 58

InfoChachkie

JUNE 4, 2012

As an entrepreneur, I helped create companies which achieved two IPOs and two trade sales totaling $385 million. Attempt To License An Idea. Rationale: My idea is so mind-blowingly fantastic, I can sit back and collect licensing fees while someone else does all the work required to turn my idea into a successful business.

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Entrepreneur Outsource Ideas Technical Review 272

InfoChachkie

JULY 23, 2012

Serial entrepreneur, venture investor and startup accelerator pioneer Brad Feld has notoriously mocked traditional marketing throughout his career. If you have amazing products, the marketing of those products is trivial. If you have $hitty products, the marketing is impossible. Trada – Guerilla Marketing In Action.

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Marketing Blogging Startup Venture Capital 233

Startup Professionals Musings

SEPTEMBER 17, 2023

I believe these principles, paraphrased here, should be adopted by every entrepreneur struggling to accomplish innovation in a startup in any market: Innovation can come from anywhere in the organization. No technical analysis has the power of real-time user and market feedback. Spend twenty percent of work time on innovation.

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Artificial Inteligence Google Startup Organization 114

Startup Professionals Musings

FEBRUARY 20, 2022

Your marketing launch is the most important element of startup success these days, to get customer attention in this world of information overload. Yet it is the one element that too many entrepreneurs focus on only as an afterthought. Even great products need great marketing “content” to fuel the ascent of their online message.

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Content Newsletter Competition Writing 146

Startup Professionals Musings

JUNE 25, 2022

Deciding to be an entrepreneur is a lifestyle move, and should be part of a long-term strategic plan. You shouldn’t be making this decision just because you are mad at your boss, or you would like to be rich, or someone else thinks you have a good idea. Right idea at the right time. Right idea at the right time.

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Startup Resource Training Ideas 115

InfoChachkie

JULY 21, 2016

The reality television show Shark Tank makes for entertaining content but many of its underlying messages are potentially detrimental to tech entrepreneurs. Thus, emerging entrepreneurs should parse fact from fantasy by watching the show with an experienced business pro. It is also an inspirational alter call to entrepreneurship.

Entrepreneur 100

Entrepreneur Entertainment Technical Review Ideas 100

Startup Professionals Musings

NOVEMBER 7, 2018

My answer is that innovative marketing is always required, to stand out above the crowd. Word-of-mouth is great, but I look for a real marketing budget and action plan. As a starting point, I would expect to see a marketing budget in the first year of 15 to 30 percent of projected revenues.

Product 86

Product Marketing Education Examples 86

Startup Professionals Musings

MAY 19, 2019

Image via Flickr by jardenberg Your marketing launch is the most important element of startup success these days, to get customer attention in this world of information overload. Yet it is the one element that too many entrepreneurs focus on only as an afterthought. Educational. Your content must continue to deliver new ideas.

Custom 93

Custom Customer Marketing Tips 93

Startup Professionals Musings

AUGUST 25, 2017

This technology is not only spawning a new generation of entrepreneurs, but is also changing the educational landscape, all the way down to early grade school. In my view as an advisor to new ventures, the Maker Movement is an integral part of a new age of the entrepreneur. These ideas can grow quickly into real products.

Ideas 61

Ideas Outsource Development Startup Education 61

Startup Professionals Musings

MAY 15, 2016

In my experience with entrepreneurs, there seems to a wealth of self-proclaimed “idea people” who aspire to start businesses, but only a few who are willing and able to dig in and get the job done. All the great ideas in the world won’t make a business, if the ideas never get implemented.

Ideas 53

Ideas Startup IBM IBM 53

Startup Professionals Musings

FEBRUARY 20, 2023

Companies are rightsized quickly now as markets change rapidly, and business professionals are quick to jump to new opportunities for growth and survival, with no ties to special benefits or pension plans. Thus smart business professionals are rapidly becoming the new entrepreneurs. Here are some examples: Marketing Professional.

Startup 106

Startup Social Media Course Entrepreneur 106

Startup Professionals Musings

SEPTEMBER 7, 2022

The challenge is when and how to make the switch to the entrepreneur lifestyle. As a mentor to young aspiring entrepreneurs , I often get asked for tips on a strategy to get started. Every industry organization has regular local meetings and annual conferences for education purposes and bringing the right people together.

Startup 114

Startup Tips Coach Satisfaction 114

Startup Professionals Musings

JULY 12, 2015

One of the simplest questions I get from aspiring entrepreneurs, and ironically one of the hardest, is “How do I start?” I want to tell them to just start anywhere, but I realize that most have no idea where anywhere is. They just aren’t prepared for the life they want, and are really asking me how to learn to be an entrepreneur.

Entrepreneur 112

Entrepreneur Startup Education Tool 112

InfoChachkie

SEPTEMBER 22, 2009

Such ideas require little-to-no capital, usually last for a relatively short duration and are of nominal size. Entrepreneurs create opportunities by creating ripples, and mini-ventures are great ripple creators. Note that I am not purporting that these are particularly amazing or unique ideas. From Small to Tall.

Ideas 153

Ideas Startup Pricing Entrepreneur 153

Startup Professionals Musings

NOVEMBER 4, 2020

As a startup advisor and investor, I’ve heard and seen hundreds of pitches from entrepreneurs, and the majority of founders are convinced that if you will just give them an hour or more time, you will love their business. Great ideas solve big problems, preferably painful needs that people will readily be willing to pay money for a solution.

Startup 166

Startup Education Ideas Custom 166

Startup Professionals Musings

OCTOBER 26, 2018

New technology markets and paradigm shifts have traditionally been bad bets when seeking investors, since these were known to take decades to develop, and cost lots of money. For example, consider how many years it took for the market to move from radio to television, or fully accept personal computers on every desktop.

Marketing 92

Marketing Demand Examples Social Media 92

Startup Professionals Musings

JANUARY 9, 2011

Many self-proclaimed entrepreneurs send me invitations and accolades to join their favorite Multi-Level Marketing (MLM) or Network Marketing company, but these all sound like “get rich quick” schemes to me. Usually these are billed for education and training that consists of a few marketing brochures.

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Marketing Entrepreneur Startup Networking 106