InfoChachkie

FEBRUARY 25, 2013

Someone on Quora recently asked me to answer the following question: Why Do Digital Entrepreneurs Hate MBAs? Tech entrepreneurs' consternation with MBAs does not rise to the level of loathing. As noted in Startup Advice From College Dropouts , successful entrepreneurs are often poor students. Look For MBA Outliers.

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Entrepreneur Technical Review Case Study Class 279

Berkonomics

NOVEMBER 1, 2018

Some companies, especially those financed by angel or VC investors, have good, formal stock option plans with properly priced options set to reward all employees and managers in the event of a corporate sale. Email readers, continue here…] Now, there are three kinds of exits. Formal option plans for some.

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Sales Venture Capital Writing Email 480

Berkonomics

FEBRUARY 16, 2023

Use of a corporation as a personal piggy bank seems to be an earned perk in the mind of some entrepreneurs and some CEOs, reasoning that the only harm in doing so is in taxes never paid to the IRS. Or flaunting the privilege of that corporate card by charging expensive meals with high priced wines when not entertaining outside guests.

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Entertainment Email Entrepreneur Pricing 156

InfoChachkie

JANUARY 5, 2015

In his premier film appearance in the blaxploitation send-up “I’m Gonna Git You Sucka,” Chris Rock inadvertently addresses a key pricing challenge faced by most entrepreneurs. Watch this 93-second clip and see if you can identify the pricing pitfall addressed in this humorous snippet. Price = Value. How Much For A Rib?

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Pricing Product Startup Customer 100

Berkonomics

JANUARY 28, 2021

I can’t tell you how many times I’ve walked away from deals where the entrepreneur insists on a start-up pre-money valuation that is so high, no angel could expect to make a return upon the investment, even with a reasonable sales price for the company down the road. Here’s the “what.”. And here’s the “why.”.

Outsource Development 156

Outsource Development Startup Outsource Venture Capital 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 wanted to create awareness for himself to generate marketing buzz and demand and then get the retail stores to pay wholesales prices for his cds. In his early career he realized the importance of email lists. This was in the 90′s.

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Entrepreneur Venture Capital Startup Email 356

Both Sides of the Table

MAY 30, 2018

One of the hardest things about the fund-raising process for entrepreneurs is that you’re trying to raise money from people who have “asymmetric information.” VC firms see thousands of deals and have a refined sense of how the market is valuing deals because they get price signals across all of these deals.

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Venture Capital Pricing Startup Invest 324

Berkonomics

SEPTEMBER 2, 2021

Assuming that you are the elected or self-assigned negotiator, the last thing you want is to have them in the room while you haggle over price. There’s the sale of a company, where as a board member, I asked the CEO to name his asking price and then go home and wait the result. Advantage other side.

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Pricing Examples Training Email 156

Berkonomics

JANUARY 6, 2022

First, the marginal exit event: Sometimes the end game or sale of the company is not a happy event for the early investors, including the entrepreneur or the founders. No-one complains if the sales price is ten times the investment since there is plenty to go around. Here’s an example that will make your heart skip a beat.

Venture Capital 156

Venture Capital Sales Pricing Equity 156

Berkonomics

SEPTEMBER 3, 2015

His groundbreaking book, “Early Exits” has become a textbook for angel groups and entrepreneurs throughout the world. His Strategic Exits Corporation provides M&A advisory services, and he is much in demand as a speaker at angel and entrepreneur events worldwide. – Dave. By Basil Peters.

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Pricing Demand Marketing Email 120

SoCal CTO

MARCH 1, 2010

Startup Killer: the Cost of Customer Acquisition | For Entrepreneurs , February 2, 2010 Looks at the critical equation around customer acquisition cost vs. customer lifetime value similar to what I discussed in Startup Metrics but in more depth. It’s a weekly email we send to AngelList, with 3 high-quality startups who want intros.

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Pricing Acquisition Customer Custom 150

InfoChachkie

SEPTEMBER 17, 2012

However, certain questions can be tricky for an entrepreneur to answer. Below are five common questions an entrepreneur will encounter when seeking venture funding. Handled appropriately, these questions provide investors a window into an entrepreneurs’ soul, which minimizes the chances of a future misalignment.

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Entrepreneur Google Invest RSS 253

Berkonomics

JUNE 29, 2017

Email readers, continue here…] My very first investment as a professional angel was in a small startup where the entrepreneur’s vision fueled my imagination in the audio market niche where I had run a business in an earlier life. The degree of care you take increases with the reduced distance between you and your investor.

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Invest Entrepreneur Sales Startup 243

Startup Professionals Musings

OCTOBER 25, 2015

As an angel investor and a mentor to entrepreneurs I still see this every day. Every entrepreneur needs to start by setting a major purpose for embarking down a specific business path. Successful entrepreneurs do what they need to do without being told how to do it. Personal initiative. Imagination. Enthusiasm.

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Entrepreneur Ideas Customer Custom 108

Berkonomics

FEBRUARY 3, 2022

There are clauses in preferred stock investment agreements allowing the investor in many cases to “put” the shares back to you at the purchase price plus dividends or more after a period, usually five years, if no effort is made to find a buyer or begin the IPO process. The advantage of creating an evergreen company.

Equity 156

Equity Course Sales Invest 156

socalTECH

JUNE 14, 2018

For most consumers with a credit card, many of those cards have a feature called "price protection"--which promises to provide you with cash back if prices drop on an item you've purchased. But, how many people actually bother to submit for those refunds and follow prices after you purchase an item? What's Earny?

Pricing 145

Pricing Startup Email Incubator 145

Berkonomics

APRIL 13, 2017

Email readers, continue here…] Can you dominate that market? 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.

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Patents Pricing Ideas Marketing 291

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. The company paid the price for this rash decision, as its second quarter sales were down, causing the company's stock price to drop 15% in a single day. Association Guilt.

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InfoChachkie

APRIL 28, 2011

Many entrepreneurs encounter a similar dilemma. Thus, entrepreneurs must decide when to stop listening to the Sirens’ song of a quick buck and position their company to take advantage of long-term, sustainable business models. However, in the long run, entrepreneurs always benefit from delivering Maximum Utility for a fair price.

Entrepreneur 225

Entrepreneur SaaS Pricing Cloud Computing 225

Startup Professionals Musings

NOVEMBER 12, 2022

As an angel investor and a mentor to entrepreneurs I still see this every day. Every entrepreneur needs to start by setting a major purpose for embarking down a specific business path. Successful entrepreneurs do what they need to do without being told how to do it. Personal initiative. Imagination. Enthusiasm.

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Technical Review Ideas Entrepreneur Customer 119

Berkonomics

SEPTEMBER 24, 2020

My immediate family members were entrepreneurs from as far back as I can trace. So, it seemed perfectly natural that my brother and I find our separate callings as entrepreneurs from the very start. The price for the franchise in 1953 was $50,000. Are you a DNA-based entrepreneur? My entrepreneurial start.

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Press Entrepreneur Training Equity 156

Both Sides of the Table

FEBRUARY 7, 2010

I originally conceived it as the Top 11 things that I believe “all entrepreneurs need to succeed.&# If it stuck to this theme then I would stand by my top 11. It isn’t a “must&# for me but it’s certainly a huge positive when entrepreneurs have it. I met the CEO Brian Malewicz several times. That’s OK.

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Entrepreneur Startup SaaS San Diego 267

Berkonomics

FEBRUARY 7, 2019

Email readers, continue here…] Over the years, I have been delegated by more than several entrepreneurs and boards to negotiate critical agreements, sometimes to sell the company or merge it with another. And as the entrepreneur still tells the story, we two board members walk on water for having delivered such great results.

Pricing 120

Pricing Sales Tool Entrepreneur 120

Berkonomics

FEBRUARY 7, 2019

Email readers, continue here…] Over the years, I have been delegated by more than several entrepreneurs and boards to negotiate critical agreements, sometimes to sell the company or merge it with another. And as the entrepreneur still tells the story, we two board members walk on water for having delivered such great results.

Pricing 120

Pricing Sales Tool Entrepreneur 120

Berkonomics

NOVEMBER 11, 2021

Email readers, continue here…] I’ve been involved as a board member of two such businesses, where venture investors came aboard and pushed management to immediately scale the business without regard for profitability, and without much regard for infrastructure. Why it’s so personal to me…. first appeared on BERKONOMICS.

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Berkonomics

FEBRUARY 28, 2019

It’s a fact of life that a banker, lender or lessor will ask for a personal guarantee from the founder or entrepreneur most every time. To most lenders, the guarantee is still a requirement, putting the entrepreneur in a position of additional risk that is not spread among the shareholders. The short answer is “yes.”

Entrepreneur 120

Entrepreneur Course Email Pricing 120

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. Let’s be honest – as professional investors we have ALL been to meetings with other groups of investors where we talk about whether there’s a bubble, price creep, etc. But to entrepreneurs can be gold.

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Email Blogging Venture Capital Writing 287

Both Sides of the Table

APRIL 27, 2014

Today we’re in a world where 10 accelerators are bombarding you with emails to meet their 10-15 companies. Of course these are great places to network with other investors, meet great entrepreneurs and keep your connections strong with senior execs at larger companies like Yahoo!, And there’s conferences. Web Summit.

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Venture Capital Invest Press Startup 374

Berkonomics

JUNE 5, 2014

One entrepreneur has a company which appears to be scalable to a $30 million exit value in five to eight years, and a second entrepreneur’s venture seems to be scalable to $200 million in exit value in the same time frame. Yet, at the pre-revenue stage of development, angel investors price both companies at a pre-money valuation of $1.5

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Startup Pricing Invest Email 232

Berkonomics

JULY 10, 2014

I can’t tell you how many times I’ve walked away from deals where the entrepreneur insists on a start-up premoney valuation that is so high, no angel could expect to make a return upon the investment, even with a reasonable sales price for the company down the road. Email readers, continue here.]

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TechCrunch LA

AUGUST 5, 2022

A few minutes away from downtown Atlanta, Collab Studio ATL describes itself as “a tech-based one-stop shop for content creators, HBCU students and young entrepreneurs to achieve their business goals.” “I feel like the studio has the potential to be a great place for creators like me to thrive.

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Platform Social Media Netflix Content 210

Berkonomics

MARCH 29, 2018

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.

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Tech.Co

AUGUST 16, 2017

Finding potential customers continues to be a huge challenge not only for established marketing and sales teams but also for startup executives and solo entrepreneurs. Here are some of our top recommendations to get you started: Email Finder Tool – Voila Norbert. Pricing: Valet – up to 1000 leads/month, $49.

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InfoChachkie

OCTOBER 29, 2012

However, certain questions can be tricky for an entrepreneur to answer. Below are five common questions an entrepreneur will encounter when seeking venture funding. Handled appropriately, these questions provide investors a window into an entrepreneurs’ soul, which minimizes the chances of a future misalignment.

Entrepreneur 145

Entrepreneur Google Invest RSS 145

Berkonomics

MARCH 5, 2020

In the creation of a young company, there are five principal risks to be addressed by the entrepreneur. So, it is important for the entrepreneur to identify, address and mitigate each of these in order to increase valuation and decrease the risk of ultimate loss of the business. Third: Management risk. . And fifth: Competitive risk.

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Outsource Development Ideas Resource Patents 156

Startup Professionals Musings

OCTOBER 27, 2012

These days every new entrepreneur understands that an innovative product or service is necessary, but not sufficient, to start a business. But most entrepreneurs don’t know where to start. But most entrepreneurs don’t know where to start. The registration process to join can give you a very targeted email list.

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Examples Content Marketing Entrepreneur 93

TechCrunch LA

JULY 9, 2019

Founded by serial travel entrepreneur Katelyn O’Shaughnessy, whose last company TripScope was acquired by Travefy, Doctours aims to connect patients with doctors to receive access to quality, affordable healthcare around the world. O’Shaughnessy wrote in an email. Doctours is certainly entering a lucrative market.

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Customer Custom Training Los Angeles 225