Startup Professionals Musings

OCTOBER 1, 2022

As a mentor to many business professionals and owners, and aspiring entrepreneurs, I find a wealth of innovative ideas, but often less insight on what it really takes to transform ideas into an income stream that can excite new customers into long-term business success. A great innovation starts with at least three ideas.

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Both Sides of the Table

DECEMBER 14, 2009

This is part of my new series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. I wanted to also post the series here to have it as a resource on my blog for future entrepreneurs who stop by. If you haven’t spent time over there you should.

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Startup Professionals Musings

NOVEMBER 6, 2021

Effective communication is an absolute requirement for successfully starting a business, but it doesn’t come naturally to many entrepreneurs. Communication is considered a social skill, and inventors and engineers, for example, are not known to be social butterflies. Start today, and do it every day.

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Both Sides of the Table

NOVEMBER 5, 2012

I use George Bush vs. Al Gore as allegory and I’ve been using it with entrepreneurs for years to sink in a simple point about how to communicate with the market. This does not mean you shouldn’t solve big, complex problems or write complex code. Most Silicon Valley tech entrepreneurs I know are more like Al Gore.

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Both Sides of the Table

MAY 18, 2014

In my Twitter bio is says that I’m “ looking to invest in passionate entrepreneurs ,” which almost sounds like I was just looking for a cliché soundbite to describe myself. Passion is also the featured heavily in nearly every presentation I give to entrepreneurs or on college campuses or in talks with MBA students.

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Startup Professionals Musings

APRIL 29, 2023

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Start with a service you know and love. Capture your “secret sauce.”

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Both Sides of the Table

JUNE 27, 2011

I made every textbook mistake at my first startup, which is why I believe I was much more effective at my second one. The following are some lessons I learned about early-stage startup marketing. I actually like finding entrepreneurs who are more circumspect, less braggadocios and generally more planned about their actions.

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InfoChachkie

JULY 22, 2013

In their new book Startup Life , serial entrepreneur and venture investor Brad Feld, along with his wife Amy Batchelor, describe what has, and has not, worked for them during their 22-year relationship. Brad is in the midst of writing a series of startup-oriented books. You can watch our 10-minute discussion below.

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socalTECH

MARCH 28, 2019

Earlier this month, the annual Montgomery Summit conference was held in Santa Monica, including a special portion of the conference dedicated to the Rise of the Female Entrepreneur. I got started in investment banking, focused on helping medical companies buy technology companies, and then later in the enterprise space and in the cloud.

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Both Sides of the Table

MARCH 27, 2011

But should you actually write one if you’re a startup, an industry figure (lawyer, banker) or VC? This is a post to help you figure out why you should write and what you should talk about. People often ask me why I started blogging. It really started simply enough. By definition, you read blogs.

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Blogging Startup Writing Venture Capital 373

InfoChachkie

JULY 22, 2013

In their new book Startup Life , serial entrepreneur and venture investor Brad Feld, along with his wife Amy Batchelor, describe what has, and has not, worked for them during their 22-year relationship. Brad is in the midst of writing a series of startup-oriented books. You can watch our 10-minute discussion below.

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Startup Professionals Musings

AUGUST 3, 2020

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Start with a service you know and love. Capture your “secret sauce.”

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Startup Training Services Writing 174

Both Sides of the Table

MARCH 1, 2011

I was initially skeptical, but it was a pure delight for me from start to finish. For the same reason I loved the much more flawed story of Anvil , who interestingly came from Toronto, about 100 miles away from where Justin Bieber grew up. It all has to start from talent. To be a great entrepreneur you really do need talent.

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Entrepreneur Startup Writing Blogging 398

Both Sides of the Table

FEBRUARY 7, 2010

I started with a Top 10 list for Nivi (at VentureHacks), but I couldn’t cram it into 10 so it became a Top 11 list. 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. OK, it’s not really my final part.

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Both Sides of the Table

JUNE 17, 2017

There are certain topics that even some of the smartest people I talk with who aren’t startup oriented can’t fully grok. It’s common cocktail party chatter to hear people confidently pronounce that some well known startup is sure to blow up because, “How could they succeed when they’re not even profitable!”

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InfoChachkie

MAY 12, 2014

I recently received an email from a former student in which he described how he was able to secure a lunch meeting with a high-profile entrepreneur who is operating multiple ventures in parallel. When I attended Startup Weekend in Berkeley, I was inspired by parallel entrepreneur Adam Cheyer''s keynote speech.

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Both Sides of the Table

JULY 13, 2013

One of my favorite events last year was attending Startup Grind where I got to interview Clayton Christensen, author of The Innovator’s Dilemma. ” We talked about my influences as a younger person and what got me started in technology and entrepreneurship. And of course we talked about many of my views of building startups.

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Startup Professionals Musings

JUNE 26, 2020

As an advisor to new hardware entrepreneurs, I often hear the myth that a business plan is no longer required to find an investor, if your idea is good enough. What you don’t realize is these famous investors only deal with entrepreneurs who sold their last company for a $100M dollars or more. and trademarks.

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Startup Professionals Musings

APRIL 12, 2019

Image via Flickr by Phil Gyford Starting a new venture still costs real money, even though the entry price has come down dramatically in last few decades. For example, I come from a software background, and back in the early PC days, it could easily cost half a million dollars for a team of professionals to produce a commercial product.

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Startup Professionals Musings

MAY 9, 2021

One of the toughest challenges of an entrepreneur in building a startup is the fact that there are so many things that you don’t know how to do, or don’t like to do. I haven’t met an entrepreneur yet who can honestly say they haven’t felt this challenge. Set up a personal reward system. Write down the real deadline.

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Both Sides of the Table

SEPTEMBER 28, 2013

It’s a hard topic to write about because it’s almost an accepted norm that total transparency is good. You took the risk to start your company. ” Your peer group is envious of your finally doing what they’ve always wanted to do but found it too hard to give up the golden paycheck and predictable future.

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Startup Professionals Musings

DECEMBER 4, 2019

Maybe starting a new business isn’t your passion, but in these days of rapid change, where everyone is dealing with uncertainty, I believe that thinking and acting like entrepreneurs will help you get ahead in any profession. So how do good entrepreneurs do it, and what do they do that everyone can learn from?

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Startup Professionals Musings

APRIL 25, 2022

One of the first harsh realities that every entrepreneur has to learn is that most of the things that are critical to startup success are outside of their direct control. In my experience, trust is the most powerful tool that an entrepreneur can wield, both inside and outside of his own realm of control.

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Startup Professionals Musings

SEPTEMBER 15, 2013

You don’t need to invent an innovative product to be a real entrepreneur. Many of these new entrepreneurs were regular employees a few years ago, focused on a skill specialty. They are not the generalists required for new product startups. Here are a few examples: Marketing specialists. Writing specialists.

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TechCrunch LA

MARCH 8, 2019

Responding to Elizabeth Warren’s call to regulate and break up some of the nation’s largest technology companies, the venture capitalists that invest in technology companies are advising the presidential hopeful to move slowly and not break anything. This is not a new model, and it makes no sense,” says Narasin. ”

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Startup Professionals Musings

AUGUST 30, 2013

Everyone recognizes a great entrepreneur when they work with one, but most entrepreneurs don’t know what to look for in themselves that will drive that perception by others. This leading by example is easy to say, but not so easy to put into action. This leading by example is easy to say, but not so easy to put into action.

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Entrepreneur Startup Examples Ideas 104

Startup Professionals Musings

JULY 26, 2014

Every startup needs access to capital, whether for funding product development, for initial rollout efforts, acquiring inventory, or paying that first employee. Most entrepreneurs think first of bank loans as the primary source of money, only to find out that banks are really the least likely benefactors for startups.

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Both Sides of the Table

DECEMBER 16, 2009

This is part of my new series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. I started the series talking about what I consider the most important attribute: Tenacity. Well obviously that’s meaningless if your startup idea sucks.

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Both Sides of the Table

MARCH 27, 2010

This is part of my ongoing series with Startup Advice. BEFORE YOU START. Example: Work Experience can be broken down into: has managed a team, has led direct sales efforts, has worked for a startup before, etc. Create a process - Create a process that you’ll use to recuit people before you start.

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Both Sides of the Table

JANUARY 23, 2011

One of the most frequent questions entrepreneurs ask about when they raise a little bit of money or are getting close to launching their first product is whether they should hire a PR firm. In a startup this is a mistake. In this instance I typically recommend that startups NOT hire a big, well-known PR firm.

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Startup Professionals Musings

JANUARY 21, 2013

Many believe that entrepreneurs are born, not made. While I agree that successful company builders usually have a natural inclination to be entrepreneurs, a good education helps polish that apple. Of course, there's no law saying you have to go to college to start a business. Why not try to follow in his footsteps?

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Startup Professionals Musings

FEBRUARY 27, 2022

Most entrepreneurs believe they are leaders, even though the feedback I get from their team and partners may indicate otherwise. These authors bring a wealth of experience in this domain from their workshops, writing, and lecturing on business leadership worldwide. Set the example by aligning actions with shared values.

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Both Sides of the Table

MARCH 29, 2014

One of the hardest things for most entrepreneurs to know is how hard to push in situations where people tell you “no.” ” But then again most entrepreneurs fail. I often describe “chutzpah” as being able to skate right up to the line of acceptability without crossing over it.

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Both Sides of the Table

MARCH 1, 2010

I call it the entrepreneur thesis. I’m not talk about the age old debate amongst investors whether you back entrepreneurs, markets or products (or as people like to hedge – product / market fit). It’s entrepreneurs I back. It’s what I call the “entrepreneur thesis.” So what is the “entrepreneur thesis?”

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Startup Professionals Musings

AUGUST 9, 2012

Everyone recognizes a great entrepreneur when they work with one, but most entrepreneurs don’t know what to look for in themselves that will drive that perception by others. This leading by example is easy to say, but not so easy to put into action. This leading by example is easy to say, but not so easy to put into action.

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Startup Examples Entrepreneur Ideas 104

Startup Professionals Musings

APRIL 23, 2012

One of the first tough decisions that startup founders have to make is how to allocate or split the equity among co-founders. The easy answer of splitting it equally among all co-founders, since there is minimal value at that point, is usually the worst possible answer, and often results in a later startup failure due to an obvious inequity.

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Startup Professionals Musings

MAY 15, 2021

The most successful entrepreneurs and executives I have seen are savvy business people first, and experts in their field second. Examples that come to mind include satellite phones, the Segway PT vehicle, hydrogen fueled auto engines, and many more. Learning is a never-ending requirement for every entrepreneur.

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