Startup Professionals Musings

FEBRUARY 27, 2023

Most aspiring entrepreneurs look to their alma mater, or any university, as a source of classes that can help them, but neglect to think outside the box or take advantage of all the other resources to be found there. Get help with grant funding and incubator resources. Access to entrepreneurs-in-residence, business mentors.

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InfoChachkie

MARCH 31, 2014

Bob Wood has been a mentor to dozens of professionals during his long career in public service. As noted in You''re Never Too Old (Or Too Successful) For A Mentor , Bob has become not only my mentor, but also my friend. Establishing a mentor relationship is emotionally akin to asking someone out on a date.

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Startup Professionals Musings

SEPTEMBER 23, 2020

A continuing question I hear from young entrepreneurs is whether a university degree is important to startup success, or just a distraction in achieving their purpose in the world. Take advantage of free startup programs and mentors. School mentors, professors, and peers will give you the critical feedback without passing judgment.

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Startup Professionals Musings

OCTOBER 26, 2019

Every entrepreneur can learn from a mentor, no matter how confident or successful they have been to date. Yet most entrepreneurs simply don’t know how to work with a mentor. Some of the best mentoring relationships don’t involve monetary compensation, but none are free. Agree on specific objectives and time frames.

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Startup Professionals Musings

AUGUST 18, 2021

The message I hear publicly from most entrepreneurs is that you have to think outside the box and take big risks to ever beat the odds and be among the less than ten percent that experience real success. Serious entrepreneurs will privately admit the business is first, and the family second. All risks are not the same.

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InfoChachkie

NOVEMBER 18, 2013

Despite what you might think, you are never too old to benefit from the helpful guidance of a mentor. Jason Nazar, Co-Founder and CEO of Docstoc , and a self-professed "Mentee Whore," discusses his secrets to finding and keeping a mentor in this compelling article. and set up meetings with people that you want to be like.

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Startup Professionals Musings

JUNE 18, 2021

You can’t win as an entrepreneur working alone. I hope all this seems obvious to you, but I still get a good number of notes from “entrepreneurs” who have been busy inventing things all their life, but can’t find a partner to start their first business, and others trying to find an executive, an investor, or a lawyer.

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Startup Professionals Musings

OCTOBER 30, 2012

Every entrepreneur can learn from a mentor, no matter how confident or successful they have been to date. Even one of the richest, Bill Gates , still values his friend Warren Buffett as his mentor. Mentoring is not as simple as one person giving the other all the right answers. Make efficient use of time for both parties.

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SoCal Tech Calendar

JANUARY 29, 2009

Wednesday, February 4, 2009 -- Entrepreneur Mentoring Session. Nitro will help strengthen the region's eco-system for successful entrepreneurship by providing startup entrepreneurs with access to powerful mentoring and executive in residence (EIR) resources. See [link] (more).

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Startup Professionals Musings

AUGUST 27, 2022

Most entrepreneurs believe they are “different,” but they can’t quite understand how. The classic book, “ Hunting in a Farmer's World: Celebrating the Mind of an Entrepreneur ,” by serial entrepreneur and business coach John F. Dini makes the case that entrepreneurs are hunters, while the rest of us (large majority) are farmers.

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Startup Professionals Musings

DECEMBER 12, 2016

Why is it that only the most successful entrepreneurs , including Mark Zuckerberg, Bill Gates, and Richard Branson, admit to having a mentor and actually use them? Yet many entrepreneurs I know are too proud or too shy to even ask for advice. Yet many entrepreneurs I know are too proud or too shy to even ask for advice.

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socalTECH

MAY 2, 2014

In a bid to boost the Los Angeles economy and create new jobs in the city, Los Angeles Mayor Eric Garcetti said Friday that he has created a new "Entrepreneur-in-Residence" program, which will help the city in developing initiatives and policies aimed at growing, assisting and sustaining entrepreneurs in Los Angeles.

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Startup Professionals Musings

MAY 23, 2021

Anyone who works with entrepreneurs will tell you that all are different. I’ve always wondered if there was some way that I could quickly deduce a new entrepreneur’s “sweet spot,” and optimize my mentoring to those strengths and weaknesses, maybe similar to the Myers-Briggs type indicator for business professionals. Specialist.

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Startup Professionals Musings

MAY 3, 2015

Every entrepreneur can learn from a mentor, no matter how confident or successful they have been to date. Yet most entrepreneurs simply don’t know how to work with a mentor. Some of the best mentoring relationships don’t involve monetary compensation, but none are free. Agree on specific objectives and time frames.

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Startup Professionals Musings

MAY 12, 2023

As an angel investor and a mentor to aspiring entrepreneurs, I’m always disappointed to see founders who seem stressed out most of the time, and more annoyed than energized by the abundance of challenges they see in building their startup. Investors and strategic partners look for entrepreneurs who can execute.

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Startup Professionals Musings

MARCH 13, 2021

Many years ago, John Hamm published some definitive work on this subject in " Why Entrepreneurs Don't Scale " in the Harvard Business Review. This is generally a required quality for a successful entrepreneur, but it can turn into an unhealthy stubbornness during the scaling stage. Trusting your gut at this stage isn’t good enough.

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Startup Professionals Musings

MARCH 23, 2015

Advisors need to be mentors, looking ahead and directing you on key actions to take or avoid. These people don’t help you or your startup. Here are some clues that will help you see and attract the best advisors, as well as the right team members: Is there a sense of trust and mutual respect? Be an equal-opportunity listener.

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Startup Professionals Musings

FEBRUARY 13, 2012

The dictionary definition of a mentor is “an experienced and trusted advisor,” or “leader, tutor or coach.” The big difference, of course, is that a mentor looks ahead to help you, while a critic looks backward to tell you what you did wrong. One of the key characteristics of a successful mentor relationship is trust.

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Startup Professionals Musings

OCTOBER 3, 2022

Advisors need to be mentors, looking ahead and directing you on key actions to take or avoid. These people don’t help you or your startup. Here are some clues that will help you see and attract the best advisors, as well as the right team members: Is there a sense of trust and mutual respect? Be an equal-opportunity listener.

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Startup Professionals Musings

JULY 17, 2013

Mentors tell you what you need to hear. When the message is the same from both, you don’t need the mentor anymore. In that sense, you should think of a mentor more like your advisor who has done all he can. Also don’t confuse a business mentor with a business coach. Unless you know these things, no one can help you.

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Startup Professionals Musings

NOVEMBER 20, 2017

Every entrepreneur can learn from a mentor, no matter how confident or successful they have been to date. Yet most entrepreneurs simply don’t know how to work with a mentor. Some of the best mentoring relationships don’t involve monetary compensation, but none are free. Agree on specific objectives and time frames.

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Startup Professionals Musings

SEPTEMBER 4, 2019

It really is possible for an introvert to succeed as an entrepreneur, even though you can’t expect to start and build a business alone. Every entrepreneur, especially an introvert, can benefit from the perspective of another business person, ideally one who has prior experience in the domain you are about to enter.

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Startup Professionals Musings

DECEMBER 10, 2013

Every entrepreneur can learn from a mentor, no matter how confident or successful they have been to date. Even one of the richest, Bill Gates , still values his friend Warren Buffett as his mentor. Mentoring is not as simple as one person giving the other all the right answers. Make efficient use of time for both parties.

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Startup Professionals Musings

JANUARY 28, 2022

The answer is a resounding yes today, and I’m convinced that it will be even more true tomorrow, as young idealistic entrepreneurs try to adapt to the long-standing business culture if success is only measured in the money you make for yourself and your business. Focus on practices that help you stay open and have faith, but don’t force it.

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Startup Professionals Musings

SEPTEMBER 21, 2019

If an entrepreneur doesn’t find themselves in over their head at least 20% of the time, they are probably not pushing the limits, not taking enough risk, and probably not working on an idea that’s worth doing. The challenge in to know when and how to ask for help, and not let bravado and ego mask anxieties. Seek help or get out.

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Startup Professionals Musings

JUNE 25, 2021

It seems like everyone wants to be an entrepreneur and get rich these days. As a business mentor, I sometimes feel besieged by people begging for my view and support of their latest idea. There are lots of resources available for that question, including the Internet and mentors like me. Make ‘em want it bad (pitch it).

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Startup Professionals Musings

APRIL 29, 2013

I’m a big fan of mentoring in business, and have been at different times on both the contributing and receiving end of the process. These days, I seem to often hear from entrepreneurs who are struggling to find a mentor, or complaining about their lack of effectiveness. Don’t ask for too much time or make a nuisance of yourself.

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Startup Professionals Musings

FEBRUARY 3, 2014

I believe you can be much more productive, as well as a more effective leader, if you approach most meetings as mentoring opportunities, and limit them to five minutes. It works, but in all cases, to be a successful mentor, there are some key things you have to do: Be available always. The mentor assumes a role of a facilitator.

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Startup Professionals Musings

JULY 30, 2022

Perhaps sparked by the recent pandemic, I’m seeing a new era of the entrepreneur, with startups springing up all around. Based on my own mentoring and investing experience, the best entrepreneurs are pragmatic problem solvers. Real entrepreneurs always look ahead and learn from problems resolved.

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Startup Professionals Musings

JANUARY 20, 2020

Even if you ignore all the hype around crowdfunding, there can be no doubt that it is a real alternative for entrepreneurs to achieve visibility and funding today. The crowd gets the satisfaction of helping, with minimal risk, and no expectation of any high return. Product pre-order model.

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Startup Professionals Musings

JANUARY 6, 2018

As a partially-retired baby-boomer in business, I’ve spent much of the last few years mentoring aspiring millennial entrepreneurs, and I’m always looking for more insights into how to help them. We can help them focus thinking inward to their strengths and personality, and outward to real forces in the marketplace.

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Startup Professionals Musings

MARCH 21, 2012

I’m a big fan of mentoring in business, and have been at different times on both the contributing and receiving end of the process. These days, I seem to often hear from entrepreneurs who are struggling to find a mentor, or complaining about their lack of effectiveness. Don’t ask for too much time or make a nuisance of yourself.

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Startup Professionals Musings

JUNE 15, 2012

Mentors tell you what you need to hear. When the message is the same from both, you don’t need the mentor anymore. In that sense, you should think of a mentor more like your advisor who has done all he can. Also don’t confuse a business mentor with a business coach. Unless you know these things, no one can help you.

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Startup Professionals Musings

MAY 29, 2021

These resources are definitely not limited to students, since every university seeks out and needs the real world exposure and experience of entrepreneurs who already are active in the real world marketplace. Connections to a mentor. Product research and prototype development. Business plan assistance. Early-stage funding.

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Startup Professionals Musings

MAY 15, 2017

In my experience working with startups, the best approach these days is to find and use a good mentor (been there, done that). Of course, mentoring is not new – it’s been the favored way to learn arts and crafts since way back in the middle ages. But I assert that mentoring in business is making a comeback.

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Startup Professionals Musings

NOVEMBER 29, 2019

As a mentor to many aspiring entrepreneurs, I challenge them to think beyond what I call linear extensions to a current trend, such as another “easier-to-use” app for smartphones, a new dating site for pets, or another niche social network. Great social entrepreneurs are rare. Do you have the resources to build a business?

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Startup Professionals Musings

AUGUST 5, 2020

As an advisor to entrepreneurs, one of the most common requests I get is for an evaluation of a next startup idea. The most successful entrepreneurs focus on solving a problem that they personally have experienced, and are convinced they fully understand. If you are not motivated, you won’t succeed. He succeeded well in both.

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