Berkonomics

MAY 9, 2024

Email readers, continue here…] Have you created high barriers to entry? The best way to protect against failure is to attract a team with members who have experienced success and failure and can recognize the ways to manage toward success and avoid the pitfalls previously experienced from past failures.

Patents 156

Patents Pricing Ideas Marketing 156

Berkonomics

AUGUST 3, 2023

Friends, family and fools: [Email readers, continue here…] This term, although pejorative, describes the typical mix of early investors in a small, young growing business. And even with the significant cost of credit card debt, many entrepreneurs aggressively use existing cards to finance a startup.

Venture Capital 295

Venture Capital Startup Class Invest 295

Both Sides of the Table

SEPTEMBER 12, 2010

I recently got an email from a friend who had been approached by a well known VC. He sent me an email asking whether the approach was real and whether he should take it seriously. Here is the email he received (reprinted without names with his permission). “Hi [entrepreneur], I hope all is well.

Venture Capital 294

Venture Capital Entrepreneur Email Equity 294

Berkonomics

OCTOBER 8, 2015

Email readers, continue here…] First there comes a sense of relief, knowing that you no longer need to worry over daily cash or threats to your net worth. But what most entrepreneurs fail dramatically at is to celebrate the moment. The do as all good entrepreneurs do. Many fail multiple times. Take a long breath.

Entrepreneur 120

Entrepreneur Writing .Net Sales 120

Berkonomics

JANUARY 13, 2022

Email readers, continue here…] But what about the pause to celebrate? What most entrepreneurs fail dramatically at is to celebrate the moment. Not many founders or entrepreneurs do experience the success of a favorable sale of the business they dreamed would make them rich. Then do as all good entrepreneurs do.

Writing 156

Writing Entrepreneur .Net Sales 156

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 said that he noticed a lot of tech entrepreneurs don’t speak into the mic, don’t project their voices with confidence and aren’t necessarily paying attention to the mood or energy of the audience. This was in the 90′s.

Entrepreneur 356

Entrepreneur Venture Capital Startup Email 356

Startup Professionals Musings

NOVEMBER 7, 2021

Some aspiring entrepreneurs are so desperate for funding, or naïve, that they ignore the obvious signs of scams and rip-offs on the Internet, praying for a windfall. One would think that with all the sad stories and tools published over the past twenty years, this problem would be behind us. Chain emails leading to a windfall.

Technical Review 148

Technical Review Tips Funding Startup 148

Berkonomics

JUNE 22, 2023

Email readers, continue here…] Have you created high barriers to entry? The best way to protect against failure is to attract a team with members who have experienced success and failure and can recognize the ways to manage toward success and avoid the pitfalls previously experienced from past failures.

Patents 286

Patents Pricing Ideas Marketing 286

Berkonomics

MARCH 16, 2017

The quest for a great management team is not a fluke, but rather a result of backward looks at the failure rate from past investments by those same angel investors and venture capitalists. That reality is a tough one for the professional investor, almost as tough as for those entrepreneurs who lose their businesses.

Statistics 243

Statistics Ideas Entrepreneur Startup 243

Both Sides of the Table

SEPTEMBER 23, 2010

I thought I’d try to look at it from a different lens, that of the entrepreneur. As an entrepreneur you should assume that. Two emailed Marc Benioff directly. He emailed the head of corp dev to say essentially, “who is this guy who’s telling everybody he’s working with Salesforce.com.

Pricing 292

Pricing Entrepreneur Technical Review Venture Capital 292

Berkonomics

APRIL 6, 2017

First, if your vision is limited and you will be happy with a successful local dry cleaning enterprise or small restaurant around the corner, you are not the target for this effort to help entrepreneurs build great businesses that change the world. Please take what you can from these weekly posts. Many will apply directly to you.).

Entrepreneur 256

Entrepreneur Course Resource Email 256

Both Sides of the Table

JANUARY 31, 2011

One of the most common questions that entrepreneurs who meet me for the first time like to ask is, “Do you miss being an entrepreneur? I thought I’d talk a bit about the differences I’ve experienced between being an entrepreneur & a VC – you know, from “both sides of the table.&#. On Being an Entrepreneur.

Entrepreneur 384

Entrepreneur Startup Venture Capital Ideas 384

Startup Professionals Musings

SEPTEMBER 10, 2023

Every entrepreneur and most professionals wish there were more hours in a day to get their work done. Yet there is more and more evidence that jumping tasks on every alert for a new email, text, or phone call actually decreases overall productivity. I concur, based on my own extended career in business and mentoring entrepreneurs.

Email 96

Email Activity Product Social Media 96

Berkonomics

DECEMBER 30, 2021

How about the entrepreneur -founder? Professional investors rarely attach a red letter upon a failed entrepreneur. Email readers, continue here…] We who invest look for patterns from previous experience. [Email readers, continue here…] We who invest look for patterns from previous experience.

Entrepreneur 156

Entrepreneur Training Invest Email 156

Berkonomics

AUGUST 13, 2020

In fact, many angel investors or venture capitalists look for and respect the lessons learned by entrepreneurs that have survived a failed business. The key question is: Why did an entrepreneur fail? A successful entrepreneur who has seen the movie before is even more valued. You will have “seen the movie before”.

Startup 156

Startup Entrepreneur Venture Capital Course 156

Berkonomics

MARCH 30, 2017

But all will immediately question whether the new business will compete in any way with their enterprise, and react to the future entrepreneur in either of two very distinct ways based upon those fears. Many states recognize the right of a former employee to work, even if in direct competition with a past employer.

Company 120

Company Companies Layoffs Competition 120

Berkonomics

FEBRUARY 27, 2020

Investors love to see entrepreneurs who have used their own money to ignite their businesses. But often, entrepreneurs turn to others for initial capital. What if some past investors don’t meet that standard? Describing that capital using the phrase “friends, family and fools,” or “FFF,” has become as common as to be trite.

Company 156

Company Companies Invest Entrepreneur 156

Berkonomics

MARCH 30, 2012

So, you’ve been thinking about starting your own firm for the past ten years. The times have changed, and many of the sources available in the past have become risk averse or moved on, but there are new alternatives. Email readers, continue here.] Your business plan is ready. Your family is all for it.

Funding 192

Funding Entrepreneur Startup Invest 192

Startup Professionals Musings

MARCH 11, 2023

Savvy entrepreneurs start testing their ideas on potential customers even before the concept is fully cooked. This early in the game, any coverage and peer review is better than just being another unknown entrepreneur. Entrepreneurs who wait to be found are destined to spend a lot of time alone. Capitalize on yourself early.

Ideas 126

Ideas Startup Social Media Blogging 126

Berkonomics

MAY 2, 2019

So, you’re managing all that work, all those interruptions, all those texts and pesky emails. How most entrepreneurs work today. Creative entrepreneurs find niches for their business that are not full of competitors fighting over the last dollar of margin, or niches that are mature and shrinking in size. Sound familiar?

Email 120

Email Training Entrepreneur Sales 120

Berkonomics

JUNE 22, 2017

And the prime motivators of this massive destruction are the same class of entrepreneurs and innovators that have done it before. Email readers, continue here…] Yes, Amazon is partially to blame. Thought so. We are in a decade of creative destruction that will affect most everybody. Last year, Amazon employed 145,800 workers.

Artificial Inteligence 295

Artificial Inteligence Class Coach Education 295

Startup Professionals Musings

DECEMBER 25, 2020

Every entrepreneur and most professionals wish there were more hours in a day to get their work done. Yet there is more and more evidence that jumping tasks on every alert for a new email, text, or phone call actually decreases overall productivity. I concur, based on my own extended career in business and mentoring entrepreneurs.

Email 170

Email Activity Social Media Coach 170

Startup Professionals Musings

JANUARY 18, 2017

Some aspiring entrepreneurs are so desperate for funding, or naïve, that they ignore the obvious signs of scams and rip-offs on the Internet, praying for a windfall. One would think that with all the sad stories and tools published over the past twenty years, this problem would be behind us. Chain emails leading to a windfall.

Technical Review 55

Technical Review Entrepreneur Email Tool 55

Startup Professionals Musings

AUGUST 9, 2014

Savvy entrepreneurs start testing their ideas on potential customers even before the concept is fully cooked. This early in the game, any coverage and peer review is better than just being another unknown entrepreneur. Entrepreneurs who wait to be found are destined to spend a lot of time alone. Capitalize on yourself early.

Entrepreneur 102

Entrepreneur Social Media Startup Blogging 102

Startup Professionals Musings

FEBRUARY 4, 2013

Achim Nowak, noted business coach and author, in his new book “ Infectious: How to Connect Deeply and Unleash the Energetic Leader Within ,” talks about how technology today allows entrepreneurs to communicate at a furious pace. They exchange more emails, texts, and tweets every day. You need to move past this level quickly.

Entrepreneur 109

Entrepreneur Tips Coach Product 109

Berkonomics

AUGUST 16, 2018

It is a real risk for the successful entrepreneur that the daily demands of business make it more and more difficult to know the pulse of the industry, which becomes more and more risky as decisions are made and resources allocated to projects or products that may no longer be as attractive as before. . Big bets on old business plans.

Marketing 120

Marketing Demand Media Entrepreneur 120

Berkonomics

FEBRUARY 10, 2022

What if it is the company attorney or entrepreneur that finds the stinky clause so very late in the game? Email readers, continue here…] The answer is obviously in the importance of the issue to the person discovering it. Is it worth risking the deal to negotiate a late change during the equivalent of the ninth inning?

Invest 156

Invest Email Entrepreneur Help 156

Startup Professionals Musings

SEPTEMBER 26, 2013

Some aspiring entrepreneurs are so desperate for funding, or naïve, that they ignore the obvious signs of scams and rip-offs on the Internet, praying for a windfall. One would think that with all the sad stories and tools published over the past twenty years, this problem would be behind us. Chain emails leading to a windfall.

Entrepreneur 80

Entrepreneur Technical Review Funding Email 80

Berkonomics

JUNE 26, 2014

Angel investors, particularly those in organized angel groups, are typically former entrepreneurs who have had successful liquidity events in their pasts, or executives of companies who’ve retired with the funds from their stock options. Email readers, continue here.]

Angel 191

Angel Technical Review Coach Entrepreneur 191

Berkonomics

MAY 13, 2021

important point of that book, which was written to prompt discussion between entrepreneurs, professional managers, and their boards of directors about issues that could unite them or strain the relationships between them. Money is what entrepreneurs expect from us. It is worth revisiting the most. The post Extending your Runway!

Resource 156

Resource Coach Activity Invest 156

InfoChachkie

SEPTEMBER 24, 2012

Entrepreneurs with a high-profile role in their organization cannot credibly claim they were speaking "personally" when they make a divisive public comment. • Facebook • Twitter • Delicious • LinkedIn • StumbleUpon • Add to favorites • Email • RSS. Association Guilt. Reactive Politics.

Entrepreneur 203

Entrepreneur Email Sales RSS 203

Berkonomics

OCTOBER 25, 2018

If you are an entrepreneur or CEO, surely you’ve thought of how you’ll be remembered by your associates and stakeholders after you move on. Be honest now. Have you ever thought of what legacy you’ll leave behind? Bad boss examples aren’t forgotten. And such stories do get around. Simple actions sometimes return immense payback.

Writing 120

Writing Email Examples Entrepreneur 120

Berkonomics

MARCH 29, 2018

We all have in our past. It was thrilling for these angels to find a young entrepreneur with an idea for a business that seemed so destined for greatness that the angels invested over $1 million on the condition that the group receive two board seats and one observer seat on the start-up’s board. Ever get bad advice?

Startup 243

Startup Entrepreneur Invest Angel 243

Both Sides of the Table

AUGUST 10, 2010

An entrepreneur recently sent me an @ reply message on Twitter asking for some help with a decision coming up in his business. I get these frequently via Twitter, Facebook or email. I provided my email address and he sent me a 688 word email (e.g. I felt I had committed so I read and responded to the email.

Help 332

Help Email Mentor Blogging 332

Berkonomics

NOVEMBER 12, 2020

The iPad probably would have failed before production, had he used feedback and research from past failures of tablets in any previous form as a guide. As I analyze business plans, I usually ask the entrepreneur early in the process whether s/he has tried this idea or prototype or mockup out on potential users.

Product 156

Product Customer Custom Ideas 156

Both Sides of the Table

MARCH 2, 2011

It’s apropos because there is so much noise these days with email, Twitter, Facebook, blogs, web shows, etc. And look at the valuation creep across the board in the past year. Here’s the thing: entrepreneurs who aren’t at all of our private meetings really didn’t know what do think about the situation.

Email 287

Email Blogging Venture Capital Writing 287

Startup Professionals Musings

SEPTEMBER 6, 2023

On the top of my list is a focus on minimizing multitasking, a result of continuous smartphone and email alerts, as well as an instant gratification mentality. Here is my prioritized list of work management strategies I recommend to all business professionals and entrepreneurs: Avoid reliance on multi-tasking to keep up with requests.

Demand 103

Demand Activity Email Mentor 103